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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has shared an update.
Native Mineral Resources Holdings Ltd has received a notice of intention from a group of eight shareholders, collectively holding about 5.01% of voting power, seeking to move resolutions at a future general meeting to remove certain directors, including James Walker and Philip Gardner, and potentially other directors appointed within a specified period. The company has not yet received a formal requisition to call a general meeting but is reviewing the notice and has committed to complying with its legal and listing rule obligations, ensuring the board remains properly constituted, enabling affected directors to make representations to shareholders, and keeping the market informed, underscoring a period of potential board change and heightened governance focus for stakeholders.
The most recent analyst rating on (AU:NMR) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Native Mineral Resources Holdings Ltd. stock, see the AU:NMR Stock Forecast page.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd (ASX: NMR) is an Australian resources company focused on mineral exploration and development, operating under the Corporations Act and ASX Listing Rules with an emphasis on maintaining compliant board structures and corporate governance.
Average Trading Volume: 1,876,212
Technical Sentiment Signal: Sell
Current Market Cap: A$53.07M
For detailed information about NMR stock, go to TipRanks’ Stock Analysis page.