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Scorpion Minerals Limited ( (AU:SCN) ) just unveiled an update.
Scorpion Minerals has disclosed a change in director Michael Kitney’s interests, with the director indirectly acquiring 65,000 additional fully paid ordinary shares via the Emdale Family account in an on-market purchase valued at $2,015. Following the transaction, Kitney’s indirect holding of ordinary shares in the company has increased to 1,015,000, while his existing holdings of various classes of unlisted options remain unchanged, signalling a modest increase in his equity exposure and potentially reinforcing perceptions of board alignment with investor interests.
More about Scorpion Minerals Limited
Scorpion Minerals Limited is an Australia-listed resources company, with its securities traded on the ASX. It operates within the broader mining and exploration sector, where director and insider shareholdings are closely monitored by the market for signals about management’s confidence and alignment with shareholders.
Average Trading Volume: 1,888,803
Technical Sentiment Signal: Buy
Current Market Cap: A$18.65M
Find detailed analytics on SCN stock on TipRanks’ Stock Analysis page.