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Reward Minerals Director Michael Ruane Increases Shareholding Through On-Market Purchases

Story Highlights
  • Director Michael Ruane has increased his direct and indirect shareholding in Reward Minerals through on-market trades.
  • His total holding rose by 180,031 shares to 108,345,350, with options and performance rights unchanged, signaling higher insider ownership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reward Minerals Director Michael Ruane Increases Shareholding Through On-Market Purchases

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An announcement from Reward Minerals Limited ( (AU:RWD) ) is now available.

Reward Minerals has disclosed a change in director Michael Ruane’s interests in the company’s securities, reflecting additional on‑market purchases of fully paid ordinary shares made through entities associated with him, including Tyson Resources Pty Ltd and Kesli Chemicals Pty Ltd. Following these trades, Ruane’s combined direct and indirect holding has increased by 180,031 shares to a total of 108,345,350 fully paid ordinary shares, while his positions in unlisted options and Class B performance rights remain unchanged, signalling a modest increase in insider ownership that may be noted by investors monitoring director alignment and confidence.

The most recent analyst rating on (AU:RWD) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Reward Minerals Limited stock, see the AU:RWD Stock Forecast page.

More about Reward Minerals Limited

Average Trading Volume: 95,543

Technical Sentiment Signal: Sell

Current Market Cap: A$11.52M

See more data about RWD stock on TipRanks’ Stock Analysis page.

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