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Prospect Resources Ltd. ( (AU:PSC) ) has issued an update.
Prospect Resources Limited has notified the market of the issue of several tranches of unquoted equity securities under its employee incentive schemes, including 2,159,063 performance rights, 2,160,000 options expiring in August 2029, and 2,052,633 service rights, all dated 16 December 2025. The allocation of these unquoted securities, which are not intended to be listed on the ASX, reflects the company’s continued use of equity-based remuneration to incentivise and retain staff, aligning employee interests with shareholders while modestly expanding the company’s potential equity base.
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 is an Australian-listed company on the ASX (code PSC). The firm operates in the resources sector, with its activities focused on mineral exploration and development, although this specific announcement centres on its capital management and employee incentive structures rather than operations.
Average Trading Volume: 604,992
Technical Sentiment Signal: Buy
Current Market Cap: A$169.2M
Learn more about PSC stock on TipRanks’ Stock Analysis page.