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Tamboran Resources Limited ( (AU:TBN) ) has issued an announcement.
Tamboran Resources Corporation has reported a change in the equity holdings of director Phillip Z. Pace, reflecting additional participation in the company’s capital-raising activities. The director acquired 23,809 new common shares at USD$21 per share through an issue of securities under the company’s private investment in public equity (PIPE) financing, which was recently approved by shareholders at a special meeting, increasing his total holding to 25,809 common shares and signaling strengthened insider alignment with Tamboran’s current funding and growth initiatives.
The most recent analyst rating on (AU:TBN) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Tamboran Resources Limited stock, see the AU:TBN Stock Forecast page.
More about Tamboran Resources Limited
Average Trading Volume: 1,619,912
Technical Sentiment Signal: Buy
Current Market Cap: A$906.2M
Find detailed analytics on TBN stock on TipRanks’ Stock Analysis page.