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MinRex Director James Pearse Lifts Indirect Shareholding via On-Market Purchase

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MinRex Director James Pearse Lifts Indirect Shareholding via On-Market Purchase

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MinRex Resources Limited ( (AU:MRR) ) has issued an announcement.

MinRex Resources director James Pearse has increased his indirect shareholding in the company via Lilijam Pty Ltd as trustee for the Lilijam Family Trust, purchasing 838,235 fully paid ordinary shares on market for $14,149.03. Following this on-market trade, Pearse’s indirect interests now comprise 3,338,235 fully paid ordinary shares, alongside unchanged holdings of multiple classes of performance rights and listed options, signalling a higher personal financial exposure to the company for existing shareholders to note.

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 Australian-listed resources company focused on mineral exploration and development. It is active in acquiring and advancing resource projects, with its securities traded on the ASX, and its capital structure includes fully paid ordinary shares, various classes of performance rights and listed options.

Average Trading Volume: 2,718,337

Technical Sentiment Signal: Buy

Current Market Cap: A$17.36M

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

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