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Rox Resources Limited ( (AU:RXL) ) has provided an update.
Rox Resources Limited has announced the issuance of 15,150,000 performance rights under an employee incentive scheme. These securities are unquoted and subject to transfer restrictions, indicating a strategic move to incentivize employees, potentially impacting the company’s operational dynamics and stakeholder interests.
The most recent analyst rating on (AU:RXL) stock is a Buy with a A$0.55 price target. To see the full list of analyst forecasts on Rox Resources Limited stock, see the AU:RXL Stock Forecast page.
More about Rox Resources Limited
Rox Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 1,986,080
Current Market Cap: A$209.1M
Learn more about RXL stock on TipRanks’ Stock Analysis page.