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An announcement from Paterson Resources ( (AU:PSL) ) is now available.
Paterson Resources has announced a leadership change, appointing experienced corporate lawyer and adviser John Kay as its new non-executive chairman. Kay brings over 18 years of experience in equity capital markets, mergers and acquisitions, and the resources sector across Australia and the UK, and currently serves as a non-executive director of Tusker Minerals. He replaces Ken Banks, who has resigned as non-executive director and chairman with immediate effect, marking a governance and strategic shift that may influence Paterson’s capital markets engagement and corporate direction.
The most recent analyst rating on (AU:PSL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Paterson Resources stock, see the AU:PSL Stock Forecast page.
More about Paterson Resources
Paterson Resources Limited (ASX: PSL) is an Australian resources company focused on the mining and energy sector, operating within the broader resources industry and participating in equity capital markets activity typical of ASX-listed exploration and development companies.
YTD Price Performance: 5.88%
Average Trading Volume: 568,250
Technical Sentiment Signal: Buy
Current Market Cap: A$19.74M
Learn more about PSL stock on TipRanks’ Stock Analysis page.