SQX Resources Director Patric Glovac Increases Indirect Shareholding via On-Market Purchase

The latest announcement is out from SQX Resources Limited ( (AU:SQX) ).

SQX Resources Limited has reported a change in the indirect interests of director Patric Michael Glovac following an on-market purchase of 120,000 fully paid ordinary shares for $17,650 through Murdoch Capital Pty Ltd as trustee of The Glovac S/Fund A/C. The transaction increases Glovac’s indirect holding in SQX Resources’ ordinary shares while leaving his existing performance rights, options held via associated entities, and other indirect interests unchanged, signaling continued director alignment with shareholders through a larger equity stake.

The most recent analyst rating on (AU:SQX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on SQX Resources Limited stock, see the AU:SQX Stock Forecast page.

More about SQX Resources Limited

SQX Resources Limited is an Australian-listed company. While this notice does not specify its operational activities, it is traded on the ASX and has a capital structure comprising fully paid ordinary shares, performance rights linked to volume-weighted average price targets, and listed options, indicating an equity-funded growth or exploration-focused business model typical of small to mid-cap ASX issuers.

Average Trading Volume: 394,778

Technical Sentiment Signal: Buy

Current Market Cap: A$10.69M

For an in-depth examination of SQX stock, go to TipRanks’ Overview page.