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Nico Resources Director Increases Stake, Signals Confidence

Story Highlights
  • Jonathan Shellabear acquired 68,542 shares, raising his total holdings to 2,220,705.
  • The acquisition reflects confidence in Nico Resources’ future with performance rights tied to share price goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nico Resources Director Increases Stake, Signals Confidence

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An announcement from NICO Resources Limited ( (AU:NC1) ) is now available.

Nico Resources Limited has announced a change in the shareholding of one of its directors, Jonathan Shellabear. On February 12, 2025, Shellabear acquired 68,542 fully paid ordinary shares, increasing his total holdings to 2,220,705 shares. This acquisition reflects confidence in the company’s future performance, as indicated by the director’s vested performance rights contingent on future share price milestones.

More about NICO Resources Limited

YTD Price Performance: -16.00%

Average Trading Volume: 80,395

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of NC1 stock, go to TipRanks’ Stock Analysis page.

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