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Scorpion Minerals Director Rebalances Equity and Option Holdings

Story Highlights
  • Scorpion Minerals director Kate Stoney has restructured her personal holdings in the company’s securities.
  • She acquired additional fully paid shares and relinquished options, shifting exposure from derivatives to direct equity ownership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scorpion Minerals Director Rebalances Equity and Option Holdings

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Scorpion Minerals Limited ( (AU:SCN) ) has provided an announcement.

Scorpion Minerals Limited has reported a change in director Kate Stoney’s interests in the company’s securities, reflecting an internal rebalancing of her holdings between fully paid ordinary shares and options. The notice discloses that Stoney acquired 500,000 additional fully paid ordinary shares directly for $20,000 while disposing of 500,000 $0.04 options expiring in April 2026, with no changes to her indirect interests, signalling a shift from option-based exposure toward direct equity without altering the overall board composition or control structure.

The most recent analyst rating on (AU:SCN) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Scorpion Minerals Limited stock, see the AU:SCN Stock Forecast page.

More about Scorpion Minerals Limited

Average Trading Volume: 1,376,655

Technical Sentiment Signal: Buy

Current Market Cap: A$22.38M

Learn more about SCN stock on TipRanks’ Stock Analysis page.

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