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The latest announcement is out from Manhattan Corporation ( (AU:MHC) ).
Manhattan Gold Corporation has reported the expiry of 500,000 listed options with an exercise price of $0.80 that lapsed unexercised on 30 March 2026. The cessation of these options slightly simplifies the company’s capital structure but does not directly alter its operating position, while offering existing shareholders marginal relief from potential future equity dilution.
The most recent analyst rating on (AU:MHC) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Manhattan Corporation stock, see the AU:MHC Stock Forecast page.
More about Manhattan Corporation
Manhattan Gold Corporation Limited, listed on the ASX under the code MHC, operates in the gold sector, focusing on exploration and development activities. The company’s capital structure includes various equity and derivative securities typical for junior resource and mining exploration entities.
Average Trading Volume: 1,254,041
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$14.5M
For a thorough assessment of MHC stock, go to TipRanks’ Stock Analysis page.