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An update from Magnetic Resources NL ( (AU:MAU) ) is now available.
Magnetic Resources NL announced the cessation of 3,560,840 securities due to the expiry of options that were not exercised or converted by the expiration date of December 6, 2025. This cessation of securities may impact the company’s capital structure and could have implications for stakeholders, as it reflects the company’s current financial and operational strategies within the mining industry.
The most recent analyst rating on (AU:MAU) stock is a Buy with a A$3.98 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.
More about Magnetic Resources NL
Magnetic Resources NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in identifying and extracting valuable minerals, contributing to the broader mining sector.
Average Trading Volume: 367,470
Technical Sentiment Signal: Hold
Current Market Cap: A$361.7M
For a thorough assessment of MAU stock, go to TipRanks’ Stock Analysis page.