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Peel Mining Director Increases Stake with New Share Acquisition

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Peel Mining Director Increases Stake with New Share Acquisition

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Peel Mining Limited ( (AU:PEX) ) has shared an update.

Peel Mining Limited has announced a change in the director’s interest as Nicholas Woolrych acquired 2,352,942 fully paid ordinary shares through a Tranche 2 placement. This acquisition, valued at $200,000.07, was part of a placement approved by shareholders at the company’s Annual General Meeting. The change signifies a notable increase in Woolrych’s indirect interest in the company, potentially impacting the company’s governance and stakeholder confidence.

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

Average Trading Volume: 2,080,424

Technical Sentiment Signal: Buy

Current Market Cap: A$91.42M

See more data about PEX stock on TipRanks’ Stock Analysis page.

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