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QMines Issues 37 Million Unquoted Performance Rights Under Incentive Scheme

Story Highlights
  • QMines has issued 37 million unquoted performance rights to employees under its incentive scheme.
  • The new unquoted securities align staff incentives with shareholders and support retention of key personnel.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QMines Issues 37 Million Unquoted Performance Rights Under Incentive Scheme

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An update from QMines Ltd. ( (AU:QML) ) is now available.

QMines Ltd has issued 37 million unquoted performance rights under its employee incentive scheme, with the new securities not intended to be quoted on the ASX. The move increases the company’s pool of unquoted equity-linked remuneration, aligning staff and management incentives with shareholder outcomes and signalling a continued focus on retaining and motivating key personnel through performance-based rewards.

The most recent analyst rating on (AU:QML) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on QMines Ltd. stock, see the AU:QML Stock Forecast page.

More about QMines Ltd.

YTD Price Performance: 20.83%

Average Trading Volume: 1,727,530

Technical Sentiment Signal: Hold

Current Market Cap: A$37.03M

For detailed information about QML stock, go to TipRanks’ Stock Analysis page.

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