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The latest announcement is out from Pacgold Limited ( (AU:PGO) ).
Pacgold Limited has reported a change in the securities held by director Matthew Boyes, following the vesting of performance rights that were converted into ordinary shares. Boyes, a beneficiary of the MTJ Holdings Trust and spouse of shareholder Tiziana Marras, acquired 500,000 ordinary shares through the trust at an estimated value of $0.115 per share, while 500,000 of his performance rights were simultaneously disposed of, leaving him with 2,351,878 ordinary shares via the MTJ Trust, 1,785,000 directly held shares, 100,000 shares held by Marras, and 2,500,000 remaining performance rights; the transactions were not conducted during a closed trading period, indicating routine equity-based remuneration rather than opportunistic trading.
The most recent analyst rating on (AU:PGO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Pacgold Limited stock, see the AU:PGO Stock Forecast page.
More about Pacgold Limited
Pacgold Limited is an Australian-listed company in the resources sector. It is listed on the ASX and subject to Australian corporate and securities regulations, including director interest disclosure requirements under the Corporations Act and ASX Listing Rules.
Average Trading Volume: 3,086,853
Technical Sentiment Signal: Buy
Current Market Cap: A$48.91M
For an in-depth examination of PGO stock, go to TipRanks’ Overview page.