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South32 Director Acquires 40,000 Shares, Signaling Confidence

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South32 Director Acquires 40,000 Shares, Signaling Confidence

Confident Investing Starts Here:

South32 ( (AU:S32) ) has shared an update.

South32 Limited announced a change in the director’s interest, with Director Jane Nelson acquiring 40,000 ordinary shares of the company through an on-market purchase on the Australian Securities Exchange. This transaction reflects a direct interest in the company, with the shares valued at $121,260.61, potentially indicating confidence in the company’s future performance.

The most recent analyst rating on (AU:S32) stock is a Hold with a A$1.90 price target. To see the full list of analyst forecasts on South32 stock, see the AU:S32 Stock Forecast page.

More about South32

South32 Limited is an Australian company operating in the mining and metals industry. It primarily focuses on the extraction and production of commodities such as alumina, aluminum, coal, manganese, nickel, silver, lead, and zinc, serving global markets.

YTD Price Performance: -9.50%

Average Trading Volume: 20,946,509

Technical Sentiment Signal: Sell

Current Market Cap: A$13.63B

Learn more about S32 stock on TipRanks’ Stock Analysis page.

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