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Tungsten Mining Updates Director Interests With New Performance Rights

Story Highlights
  • Tungsten Mining operates in the critical minerals sector, developing tungsten assets for global markets.
  • The company reported updated director holdings, including 4.8 million new performance rights for chairman Gary Lyons.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tungsten Mining Updates Director Interests With New Performance Rights

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Tungsten Mining NL ( (AU:TGN) ) has issued an update.

Tungsten Mining NL has announced changes in the interests of several directors, lodging multiple Appendix 3Y notices in line with ASX Listing Rule 3.19A. The filings detail updated holdings for directors including chairman Gary Lyons, whose interests now include an additional 4.8 million performance rights issued for nil consideration, reflecting adjustments to the board’s equity-based incentives and signalling ongoing alignment of director remuneration with the company’s performance.

The most recent analyst rating on (AU:TGN) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Tungsten Mining NL stock, see the AU:TGN Stock Forecast page.

More about Tungsten Mining NL

Tungsten Mining NL is an Australian-listed resources company focused on the exploration and development of tungsten assets. The company targets the supply of tungsten, a critical industrial metal, to global markets, positioning itself within the broader mining and critical minerals sector.

Average Trading Volume: 1,657,522

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$201.1M

Learn more about TGN stock on TipRanks’ Stock Analysis page.

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