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The latest update is out from Prospect Resources Ltd. ( (AU:PSC) ).
Prospect Resources Limited has announced the issuance of unquoted equity securities, including 1,222,528 performance rights and 4,535,000 options expiring in August 2029. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, potentially enhancing employee engagement and aligning their interests with company growth.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
More about Prospect Resources Ltd.
Prospect Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and exploration of lithium and other related minerals, targeting markets that demand these resources for various industrial applications.
Average Trading Volume: 615,852
Technical Sentiment Signal: Buy
Current Market Cap: A$137.2M
For a thorough assessment of PSC stock, go to TipRanks’ Stock Analysis page.