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Peel Mining Limited ( (AU:PEX) ) has provided an update.
Peel Mining Limited announced a change in the director’s interest, with Graham Hardie acquiring additional shares through a Tranche 2 placement and the exercise of vested options. This change reflects the director’s increased stake in the company, potentially signaling confidence in Peel Mining’s future prospects and strategic direction.
The most recent analyst rating on (AU:PEX) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Peel Mining Limited stock, see the AU:PEX Stock Forecast page.
More about Peel Mining Limited
Peel Mining Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the production of various minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 2,080,424
Technical Sentiment Signal: Buy
Current Market Cap: A$91.42M
See more insights into PEX stock on TipRanks’ Stock Analysis page.