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St. Barbara Limited Issues Unquoted Performance Rights

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St. Barbara Limited Issues Unquoted Performance Rights

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St. Barbara ( (AU:SBM) ) just unveiled an update.

St. Barbara Limited has announced the issuance of 17,723,873 unquoted performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted, indicating a strategic move to incentivize employees and potentially enhance company performance.

The most recent analyst rating on (AU:SBM) stock is a Hold with a A$0.57 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

More about St. Barbara

Average Trading Volume: 10,437,482

Technical Sentiment Signal: Buy

Current Market Cap: A$635.1M

For a thorough assessment of SBM stock, go to TipRanks’ Stock Analysis page.

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