Midas Minerals Updates Director Sara Kelly’s Equity Incentives

Midas Minerals Limited ( (AU:MM1) ) has shared an announcement.

Midas Minerals Ltd has disclosed a change in director Sara Kelly’s indirect interest in the company, held via TYF Holdings Pty Ltd , which already holds a substantial parcel of fully paid ordinary shares, including a portion subject to escrow, as well as existing performance rights. The company has issued Kelly 500,000 additional Class X Performance Rights, at no cash consideration and valued at approximately $184,950 at the time of the general meeting notice, as part of a shareholder-approved director incentive package, further aligning her remuneration with the company’s long-term performance and signalling continued use of equity-based incentives in its corporate governance framework.

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

Average Trading Volume: 195,508

Technical Sentiment Signal: Buy

Current Market Cap: A$127.2M

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