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An update from Mt Malcolm Mines NL ( (AU:M2M) ) is now available.
Mt Malcolm Mines NL has announced a change in the director’s interest, specifically involving Robert Downey, who has increased his indirect interest in the company through the Downey Superannuation Fund and his spouse, Mrs. S. Downey. This change reflects the director’s participation in a rights issue, resulting in a significant increase in the number of fully paid ordinary shares and listed options held, potentially enhancing the director’s influence and investment in the company’s future growth.
The most recent analyst rating on (AU:M2M) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Mt Malcolm Mines NL stock, see the AU:M2M Stock Forecast page.
More about Mt Malcolm Mines NL
Mt Malcolm Mines NL operates in the mining industry, focusing on exploration and development of mineral resources. The company is involved in the extraction and processing of minerals, aiming to expand its market presence through strategic acquisitions and partnerships.
Average Trading Volume: 1,100,797
Technical Sentiment Signal: Sell
Current Market Cap: A$5.59M
Learn more about M2M stock on TipRanks’ Stock Analysis page.