Metro Mining Director Increases Shareholding via On-Market Purchase

Metro Mining Limited ( (AU:MMI) ) has shared an update.

Metro Mining Limited has disclosed a change in the holdings of director Paul Thomas Lucas, who increased his direct stake in the company through an on-market purchase. Lucas acquired 160,000 ordinary shares on 9 March 2026 for $10,560, lifting his holding to 1,247,561 ordinary shares alongside 222,543 vested performance rights.

The company noted that there was no disposal of securities and no change in any related contracts or derivative interests connected to the director. The transaction did not occur during a closed trading period, indicating it was conducted under standard market conditions and signalling a modest vote of confidence by the director in Metro Mining’s equity.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.15 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 is an Australian resources company listed on the ASX, operating in the mining sector. The company is involved in the production and sale of mineral commodities, with its securities actively traded on the local equity market.

Average Trading Volume: 11,881,251

Technical Sentiment Signal: Sell

Current Market Cap: A$399.4M

For an in-depth examination of MMI stock, go to TipRanks’ Overview page.