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Magnetic Resources NL ( (AU:MAU) ) just unveiled an announcement.
Magnetic Resources NL has announced the quotation of 26,923,077 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective August 26, 2025. This move is part of a previously announced transaction, which is expected to bolster the company’s financial standing and potentially enhance its market position by increasing liquidity and investor interest.
The most recent analyst rating on (AU:MAU) stock is a Buy with a A$3.33 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 the extraction and production of various minerals, with a market focus on expanding its resource base and enhancing its operational capabilities.
Average Trading Volume: 144,349
Technical Sentiment Signal: Buy
Current Market Cap: A$362.3M
See more data about MAU stock on TipRanks’ Stock Analysis page.