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An update from Stavely Minerals Ltd ( (AU:SVY) ) is now available.
Stavely Minerals has announced the lapse of a tranche of listed options held by several directors, including Managing Director Christopher Cairns, following their expiry on 31 December 2025. The change, disclosed via Appendix 3Y notices, reduces the number of options on issue but does not involve any cash consideration, reflecting a routine clean-up of directors’ expiring equity incentives and a marginal simplification of the company’s capital structure for investors.
The most recent analyst rating on (AU:SVY) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Stavely Minerals Ltd stock, see the AU:SVY Stock Forecast page.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is an Australian exploration company focused on discovering and developing mineral resources, with its securities listed on the Australian Securities Exchange under the code SVY. The company operates within the resources sector and is governed by a board whose members hold various equity and option interests aligning management with shareholder outcomes.
Average Trading Volume: 1,265,664
Technical Sentiment Signal: Sell
Current Market Cap: A$12.67M
See more insights into SVY stock on TipRanks’ Stock Analysis page.