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E2 Metals Ltd. ( (AU:USL) ) just unveiled an update.
Unico Silver Limited has disclosed a change in director Peter Mullens’ interests following the exercise of 2 million unlisted options at $0.27 each into fully paid ordinary shares, alongside the sale of 1.25 million shares at $1.05 per share. After these transactions, Mullens’ direct holdings comprise 2 million fully paid ordinary shares and 2 million unlisted options exercisable at $0.812 expiring in December 2028, while his indirect holding through the Mullens Family Super Fund has been reduced to 18,586 shares, with the company noting that part of the share disposal was undertaken to fund FY26 tax liabilities and the cost of exercising the options, signaling a rebalancing of the director’s equity position rather than a withdrawal of support.
The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.
More about E2 Metals Ltd.
Unico Silver Limited, formerly known as E2 Metals Ltd, is an ASX-listed resources company focused on mineral exploration and development, with its securities comprising fully paid ordinary shares and various classes of unlisted options held by directors and related entities.
Average Trading Volume: 5,053,405
Technical Sentiment Signal: Buy
Current Market Cap: A$659.7M
Learn more about USL stock on TipRanks’ Stock Analysis page.