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Manhattan Corporation ( (AU:MHC) ) has shared an update.
Manhattan Gold Corporation Limited has notified the ASX of a proposed placement involving up to 576,923 new ordinary fully paid shares under its MHC ticker. The issue, scheduled for 10 February 2026, forms part of the company’s capital-raising activities and may influence its funding capacity and shareholder dilution, though specific pricing and use-of-proceeds details were not disclosed in the filing.
The most recent analyst rating on (AU:MHC) stock is a Hold with a A$0.03 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 resources sector with a focus suggested by its name on gold-related activities. The company issues ordinary fully paid shares as its primary listed security, reflecting a typical capital structure for an exploration or mining-focused entity on the Australian market.
YTD Price Performance: -10.71%
Average Trading Volume: 1,509,987
Technical Sentiment Signal: Sell
Current Market Cap: A$14.03M
Learn more about MHC stock on TipRanks’ Stock Analysis page.