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Sunstone Metals Limited ( (AU:STM) ) has issued an announcement.
Sunstone Metals Limited has announced a change in the interests of its director, Malcolm Norris, involving the acquisition of 7,000,000 unquoted options and the disposal of 5,600,000 performance rights. This change reflects strategic adjustments in the director’s investment portfolio, following shareholder approval at the recent AGM, and indicates a realignment of incentives tied to the company’s performance metrics.
The most recent analyst rating on (AU:STM) stock is a Buy with a A$0.05 price target. To see the full list of analyst forecasts on Sunstone Metals Limited stock, see the AU:STM Stock Forecast page.
More about Sunstone Metals Limited
Sunstone Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of metals, with a market focus on expanding its mineral asset base to enhance shareholder value.
YTD Price Performance: 120.0%
Average Trading Volume: 9,855,540
Technical Sentiment Signal: Hold
Current Market Cap: A$139.6M
See more data about STM stock on TipRanks’ Stock Analysis page.