Unicorn Mineral Resources Director Increases Stake
Why we think this is neutral
The RNS announcement is for a director share purchase, which is not one of the mandatory news types that require detailed analysis. While director share purchases can be a positive signal, the information provided is limited and does not warrant a strong sentiment score.
Key Points
- Director Patrick Doherty has purchased 350,000 shares in Unicorn Mineral Resources
- The shares were purchased at a price of £0.06 per share
Summary
The mineral exploration company's director has purchased a significant number of shares, indicating confidence in the business.
Unicorn Mineral Resources plc (LSE: UMR), a mineral exploration and development company based in Ireland, has announced that its Director/PDMR Patrick Doherty, through his company Electro Automation Group, has purchased 350,000 ordinary shares in the company at a price of £0.06 per share.
DIRECTOR DEALINGS