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The latest update is out from Metro Mining Limited ( (AU:MMI) ).
Metro Mining Limited announced a change in the interest of its director, Paul Thomas Lucas, who acquired 222,543 performance rights in lieu of a portion of his director’s fees. These performance rights, approved by shareholders, are valued at $12,017 and can be converted into ordinary shares, reflecting a strategic compensation adjustment that aligns management interests with shareholder value.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.
More about Metro Mining Limited
Metro Mining Limited operates in the mining industry, focusing on the extraction and production of bauxite, a key raw material used in the production of aluminum. The company is engaged in the development and operation of bauxite mining projects, primarily targeting the Asian markets.
Average Trading Volume: 11,580,190
Technical Sentiment Signal: Buy
Current Market Cap: A$402.5M
For an in-depth examination of MMI stock, go to TipRanks’ Overview page.