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Nova Minerals ( (AU:NVA) ) has provided an update.
Nova Minerals Limited has issued 1,000,000 unquoted options under an employee incentive scheme, with each option exercisable at A$0.45 and expiring on 23 December 2028. The new options, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse, form part of the company’s ongoing use of equity-based incentives to retain and motivate staff, modestly increasing its pool of potential future equity and aligning employees’ interests with shareholders over the longer term.
The most recent analyst rating on (AU:NVA) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Nova Minerals stock, see the AU:NVA Stock Forecast page.
More about Nova Minerals
Nova Minerals Limited (ASX: NVA) is an Australian-listed resources company operating in the mining and exploration sector. The company’s activities center on developing mineral assets, with its shares and various classes of securities traded on the Australian Securities Exchange.
Average Trading Volume: 2,047,142
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$584.8M
See more insights into NVA stock on TipRanks’ Stock Analysis page.