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Truscott Mining Director Peter Smith Increases Shareholding via On-Market Purchase

Story Highlights
  • Director Peter N Smith has acquired 51,000 additional fully paid shares in Truscott Mining.
  • The modest share purchase increases Smith’s overall stake, slightly boosting insider-shareholder alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Truscott Mining Director Peter Smith Increases Shareholding via On-Market Purchase

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The latest update is out from Truscott Mining Corporation Ltd ( (AU:TRM) ).

Truscott Mining Corporation Limited has disclosed a change in the holdings of director Peter N Smith, as required under ASX listing rules. Smith, who holds both direct and indirect interests in the company through his superannuation vehicle Hillway Pty Ltd and Resource Investments and Consulting Pty Ltd, has acquired an additional 51,000 fully paid ordinary shares for a consideration of $3,675, with no securities disposed, expired or converted. The transaction modestly increases his total equity stake and performance-based exposure to Truscott, signalling a small but tangible vote of confidence in the company from a key insider and slightly strengthening insider alignment with shareholders.

More about Truscott Mining Corporation Ltd

Average Trading Volume: 59,708

Technical Sentiment Signal: Buy

Current Market Cap: A$17.42M

Find detailed analytics on TRM stock on TipRanks’ Stock Analysis page.

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