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Polymetals Resources Ltd. ( (AU:POL) ) has shared an announcement.
Polymetals Resources Ltd has disclosed a change in the interests of director David Sproule following the issue of 125,000 fully paid ordinary shares to the Sproule Superannuation Fund under the company’s Employee Share Plan, which was approved at the 2024 AGM. The new shares vested upon achievement of the third milestone under the plan and are subject to an attaching loan of $0.35 per share, repayable on sale of the shares or by 19 December 2028, marginally increasing Sproule’s overall indirect holding and signalling continued alignment of management incentives with shareholder outcomes through performance-based equity.
The most recent analyst rating on (AU:POL) stock is a Buy with a A$1.35 price target. To see the full list of analyst forecasts on Polymetals Resources Ltd. stock, see the AU:POL Stock Forecast page.
More about Polymetals Resources Ltd.
Polymetals Resources Ltd is an Australia-listed company operating in the resources sector, with its primary business focused on the exploration and development of mineral assets. The company’s securities are traded on the ASX, and its capital structure and director shareholdings are subject to continuous disclosure obligations under Australian corporate and listing rules.
Average Trading Volume: 1,120,128
Technical Sentiment Signal: Buy
Current Market Cap: A$363.5M
See more data about POL stock on TipRanks’ Stock Analysis page.