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Santana Minerals Announces Update in Director’s Shareholding

Story Highlights
  • Santana Minerals is a mining company focused on resource exploration and development.
  • Director Samuel Smith acquired 1,200,000 shares after exercising his options, highlighting leadership alignment with the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santana Minerals Announces Update in Director’s Shareholding

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An update from Santana Minerals Ltd. ( (AU:SMI) ) is now available.

Santana Minerals has announced a change in the ownership structure of its director Samuel Smith’s interests. Smith exercised his unlisted options, resulting in the acquisition of 1,200,000 fully paid ordinary shares worth $375,000, while relinquishing 1,200,000 unlisted options. The adjustment underscores Santana Minerals’ commitment to aligning leadership interests with the company’s equity, reflecting positively on its governance practices.

The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.

More about Santana Minerals Ltd.

Santana Minerals Limited operates within the mining industry, focusing on the exploration and development of mineral resource projects. The company is known for its efforts in advancing the extraction of precious and base metals, aiming to create value for stakeholders through strategic resource management.

Average Trading Volume: 1,219,155

Technical Sentiment Signal: Buy

Current Market Cap: A$655M

Find detailed analytics on SMI stock on TipRanks’ Stock Analysis page.

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