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The latest update is out from Regis Resources Limited ( (AU:RRL) ).
Regis Resources Limited announced a change in the director’s interest, specifically regarding Jim Beyer, whose indirect interest in the company increased with the acquisition of 590,974 fully paid ordinary shares. This change was a result of the vesting of long-term incentive performance rights, which were approved by shareholders at the 2022 AGM and issued under an Employee Incentive Plan. This development reflects the company’s commitment to aligning executive incentives with shareholder interests, potentially impacting its operational focus and stakeholder confidence.
The most recent analyst rating on (AU:RRL) stock is a Hold with a A$4.40 price target. To see the full list of analyst forecasts on Regis Resources Limited stock, see the AU:RRL Stock Forecast page.
More about Regis Resources Limited
Regis Resources Limited is a company operating in the mining industry, primarily focused on the exploration and production of gold. It is known for its operations in Australia and aims to enhance its market position through strategic resource management and development.
Average Trading Volume: 4,097,662
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.42B
See more insights into RRL stock on TipRanks’ Stock Analysis page.