tiprankstipranks

Scorpion Minerals Director Increases Shareholding

Story Highlights

Scorpion Minerals Limited ( (AU:SCN) ) just unveiled an announcement.

Scorpion Minerals Limited announced a change in the director’s interest, with Peter David Koller acquiring an additional 400,000 fully paid ordinary shares through an on-market purchase, increasing his total holdings to 8,930,363 shares. This transaction, valued at $7,200, occurred during a closed period but was permitted with prior written clearance, indicating compliance with regulatory requirements and potentially strengthening the director’s confidence in the company’s future prospects.

More about Scorpion Minerals Limited

Scorpion Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in identifying and extracting valuable minerals, contributing to the supply of raw materials for various industries.

YTD Price Performance: 33.33%

Average Trading Volume: 940,588

Technical Sentiment Signal: Buy

Current Market Cap: A$10.23M

For an in-depth examination of SCN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App