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Silver Mines Limited Director Increases Shareholding

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Silver Mines Limited Director Increases Shareholding

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Silver Mines Limited ( (AU:SVL) ) just unveiled an announcement.

Silver Mines Limited has announced a change in the director’s interest, with Keith Perrett acquiring an additional 250,000 ordinary shares through participation in the company’s Share Purchase Plan. This acquisition increases his total holding to 4,325,000 shares, reflecting confidence in the company’s prospects and potentially influencing stakeholder perceptions positively.

The most recent analyst rating on (AU:SVL) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Silver Mines Limited stock, see the AU:SVL Stock Forecast page.

More about Silver Mines Limited

Silver Mines Limited operates in the mining industry, focusing primarily on the exploration and development of silver deposits. The company is engaged in the acquisition and advancement of silver-rich projects, aiming to capitalize on the growing demand for silver in various markets.

Average Trading Volume: 7,463,541

Technical Sentiment Signal: Buy

Current Market Cap: A$251.4M

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

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