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Magnetic Resources NL ( (AU:MAU) ) has provided an announcement.
Magnetic Resources NL has issued 26,923,077 fully paid ordinary shares at $1.30 each as part of a recent placement, which was initially announced on 19 August 2025. This move is in compliance with the Corporations Act, and the company has confirmed that there is no excluded information that needs to be disclosed, ensuring transparency and adherence to regulatory requirements.
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 discovery and extraction of valuable minerals, catering to the demands of the global market.
Average Trading Volume: 144,349
Technical Sentiment Signal: Buy
Current Market Cap: A$362.3M
For detailed information about MAU stock, go to TipRanks’ Stock Analysis page.