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Metro Mining Director Increases Stake with On-Market Purchase

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Metro Mining Director Increases Stake with On-Market Purchase

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Metro Mining Limited ( (AU:MMI) ) has shared an announcement.

Metro Mining Limited announced a change in the director’s interest, with Director Douglas Ritchie acquiring 250,000 additional ordinary shares through an on-market purchase. This acquisition increases Ritchie’s indirect holding via Pleiades Partners Pty Ltd, reflecting confidence in the company’s prospects and potentially impacting investor perceptions positively.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.10 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

More about Metro Mining Limited

Metro Mining Limited operates in the mining industry, focusing primarily on the extraction and production of bauxite. The company is known for its operations in the Cape York Peninsula in Queensland, Australia, and is a significant player in the global bauxite market.

Average Trading Volume: 16,736,941

Technical Sentiment Signal: Buy

Current Market Cap: A$427.1M

See more insights into MMI stock on TipRanks’ Stock Analysis page.

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