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Deterra Royalties Director Increases Stake via Dividend Reinvestment

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Deterra Royalties Director Increases Stake via Dividend Reinvestment

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Deterra Royalties Ltd ( (AU:DRR) ) has provided an update.

Deterra Royalties Limited announced a change in the director’s interest, with Jennifer Seabrook acquiring additional shares through the company’s Dividend Reinvestment Plan. This change reflects a modest increase in her direct and indirect holdings, indicating continued confidence in the company’s financial strategies and potential growth, which may reassure stakeholders about the company’s stability and future prospects.

The most recent analyst rating on (AU:DRR) stock is a Hold with a A$4.25 price target. To see the full list of analyst forecasts on Deterra Royalties Ltd stock, see the AU:DRR Stock Forecast page.

More about Deterra Royalties Ltd

Deterra Royalties Limited operates in the mining industry, focusing on managing and acquiring royalty interests. The company primarily deals with royalties related to mineral resources, providing financial benefits from the production of these resources.

Average Trading Volume: 1,528,430

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$2.24B

For an in-depth examination of DRR stock, go to TipRanks’ Overview page.

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