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Metro Mining Issues Performance Rights to Employees

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Metro Mining Issues Performance Rights to Employees

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

Metro Mining Limited announced the issuance of 33,860,174 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees, potentially enhancing operational performance and aligning employee interests with company growth objectives.

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 primarily on the extraction and production of bauxite, a key raw material in aluminum production. The company is engaged in developing and managing mining projects with a market focus on supplying bauxite to global markets.

Average Trading Volume: 11,129,749

Technical Sentiment Signal: Buy

Current Market Cap: A$372M

Find detailed analytics on MMI stock on TipRanks’ Stock Analysis page.

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