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Sunstone Metals Limited ( (AU:STM) ) has provided an announcement.
Sunstone Metals Limited announced a change in the director’s interest, specifically regarding Patrick Duffy’s holdings. The update reflects the vesting of 5,000,000 performance rights into shares due to met conditions, while 10,000,000 rights expired as their conditions were not met. This change indicates a strategic adjustment in the company’s executive compensation plan, potentially impacting shareholder value and aligning leadership incentives with company performance.
The most recent analyst rating on (AU:STM) stock is a Buy with a A$0.04 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 involved in the discovery and advancement of gold and copper projects, aiming to enhance its portfolio and market presence.
YTD Price Performance: 110.0%
Average Trading Volume: 7,949,125
Technical Sentiment Signal: Hold
Current Market Cap: A$131.4M
Find detailed analytics on STM stock on TipRanks’ Stock Analysis page.