Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sheffield Resources Limited ( (AU:SFX) ) has shared an update.
Sheffield Resources Limited announced a change in the director’s interest, specifically involving Bruce Griffin. The changes include a shift from indirect to direct interest in securities, with Griffin acquiring 299,000 ordinary shares through an on-market purchase and transferring other securities from indirect to direct holdings. This adjustment in the director’s interest could indicate a strategic realignment or increased confidence in the company’s future performance, potentially impacting stakeholders’ perceptions and the company’s market positioning.
The most recent analyst rating on (AU:SFX) stock is a Buy with a A$0.69 price target. To see the full list of analyst forecasts on Sheffield Resources Limited stock, see the AU:SFX Stock Forecast page.
More about Sheffield Resources Limited
Sheffield Resources Limited is a company operating in the resources sector, focusing on the exploration and development of mineral sands projects. It primarily deals with the production and supply of zircon, titanium, and other valuable minerals, catering to the global market demand for these resources.
YTD Price Performance: 9.68%
Average Trading Volume: 149,437
Technical Sentiment Signal: Sell
Current Market Cap: A$67.12M
For an in-depth examination of SFX stock, go to TipRanks’ Stock Analysis page.