MinRex Director Glenn Whiddon Increases Indirect Shareholding

MinRex Resources Limited ( (AU:MRR) ) has shared an update.

MinRex Resources director Glenn Whiddon has increased his indirect holding in the company through Getmeoutofhere Pty Ltd , acquiring 4,561,784 fully paid ordinary shares for $75,269.44. Following the transaction, Whiddon’s indirect stake via that entity has risen to 42,327,726 shares, while his existing performance rights and other indirect holdings, including those controlled by 6466 Investments Pty Ltd (over which he has no relevant interest), remain unchanged, indicating a higher overall exposure and alignment with shareholder interests.

The most recent analyst rating on (AU:MRR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on MinRex Resources Limited stock, see the AU:MRR Stock Forecast page.

More about MinRex Resources Limited

MinRex Resources Limited is an ASX-listed resources company, operating in the mining and exploration sector. It is focused on developing and managing a portfolio of mineral assets, with its securities including fully paid ordinary shares, listed options and performance rights held by directors and related entities.

Average Trading Volume: 3,297,695

Technical Sentiment Signal: Buy

Current Market Cap: A$20.61M

For a thorough assessment of MRR stock, go to TipRanks’ Stock Analysis page.