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Pantoro Gold Director Sells Shares, Retains Significant Stake

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Pantoro Gold Director Sells Shares, Retains Significant Stake

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The latest announcement is out from Pantoro Gold Limited ( (AU:PNR) ).

Pantoro Gold Limited announced that Non-Executive Director Mark Maloney has sold 939,776 ordinary shares to meet personal obligations, marking his first sale of company shares. Despite this sale, Maloney retains a significant interest in Pantoro Gold with over 50 million shares, indicating no current intention to further reduce his holdings. The transaction adheres to the company’s Securities Trading Policy and reflects Maloney’s ongoing commitment to the Norseman Gold Project, where he has been a significant investor since 2012.

The most recent analyst rating on (AU:PNR) stock is a Sell with a A$4.40 price target. To see the full list of analyst forecasts on Pantoro Gold Limited stock, see the AU:PNR Stock Forecast page.

More about Pantoro Gold Limited

Pantoro Gold is a Western Australia-based gold producer focused on maximizing the potential of its wholly-owned Norseman Gold Project, recognized as one of the highest-grade goldfields in Australia. The company is committed to long-term growth through operational excellence and strategic exploration within the WA mining sector.

Average Trading Volume: 2,620,977

Technical Sentiment Signal: Buy

Current Market Cap: A$1.94B

See more insights into PNR stock on TipRanks’ Stock Analysis page.

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