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Metro Mining Limited ( (AU:MMI) ) has issued an update.
Metro Mining Limited announced a change in the director’s interest, specifically regarding Andrew Lloyd’s holdings. Mr. Lloyd acquired 425,546 ordinary shares through the conversion of vested performance rights, increasing his total holdings to 2,610,917 ordinary shares. This change reflects the company’s practice of compensating directors with performance rights, which are convertible into shares, aligning their interests with shareholder value.
The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.17 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 primarily on the extraction and production of bauxite. The company is engaged in the development of its Bauxite Hills Mine in Queensland, Australia, which is a significant source of bauxite for the global market.
Average Trading Volume: 10,767,640
Technical Sentiment Signal: Buy
Current Market Cap: A$463.5M
Find detailed analytics on MMI stock on TipRanks’ Stock Analysis page.