Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Midas Minerals Limited ( (AU:MM1) ) has provided an update.
Midas Minerals Limited has notified the market of the issue of 3.5 million unquoted performance rights under its employee incentive scheme, effective 13 January 2026. The new securities, which will not be quoted on the ASX, are designed to form part of the company’s remuneration and retention framework, aligning staff interests with shareholder value and potentially affecting future dilution for existing investors depending on vesting outcomes.
The most recent analyst rating on (AU:MM1) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Midas Minerals Limited stock, see the AU:MM1 Stock Forecast page.
More about Midas Minerals Limited
Midas Minerals Limited is an Australian-listed resources company traded on the ASX under the code MM1. The company operates in the minerals exploration and mining sector, although this announcement does not specify its particular commodities or project locations.
Average Trading Volume: 195,508
Technical Sentiment Signal: Buy
Current Market Cap: A$127.2M
For an in-depth examination of MM1 stock, go to TipRanks’ Overview page.