Mineral Resources Limited Updates Director’s Shareholding

The latest update is out from Mineral Resources Limited ( (AU:MIN) ).

Mineral Resources Limited announced a change in the director’s interest notice, as Director Denise McComish acquired 855 ordinary shares through the company’s director fee remuneration arrangements. This acquisition, effective from December 31, 2024, brings her total shareholding to 2,399 shares. The issuance of shares reflects a standard practice within MinRes, where directors receive 50% of their fees in company shares, calculated based on the Volume Weighted Average Price over the last five business days of the quarter. This move underscores the company’s commitment to aligning the interests of its directors with those of its shareholders, potentially enhancing governance and stakeholder confidence.

More about Mineral Resources Limited

Mineral Resources Limited (MinRes) operates in the mining industry, focusing on the production and development of mineral resources. The company is known for its involvement in the extraction and processing of minerals, primarily catering to the steel and energy sectors.

YTD Price Performance: 2.18%

Average Trading Volume: 4,498

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.15B

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