Reward Minerals Director Michael Ruane Increases Shareholding via On-Market Trade

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

Reward Minerals Ltd has reported a change in director Michael Ruane’s interests in the company’s securities following a small on-market purchase of 55,651 fully paid ordinary shares on 29 January 2026 for approximately $2,115. The transaction, executed through entities associated with Ruane, increases his total holding to 108,401,001 fully paid ordinary shares, along with 5,000,000 unlisted options expiring in November 2026 and 3,000,000 Class B performance rights, and was conducted outside any closed trading period, indicating continued director support for the company’s equity without breaching corporate governance rules.

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

Reward Minerals Ltd is an Australian-listed company operating in the resources sector, with its securities traded on the ASX. The company’s capital structure includes fully paid ordinary shares, unlisted options and performance rights held by directors and related entities, reflecting typical equity-based incentives in the mining and exploration industry.

Average Trading Volume: 105,729

Technical Sentiment Signal: Sell

Current Market Cap: A$11.24M

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