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Manhattan Corporation ( (AU:MHC) ) has shared an announcement.
Manhattan Gold Corporation Limited has applied for quotation of 97,150,000 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of March 24, 2026. The sizeable new share issuance, linked to previously flagged transactions, will expand the company’s quoted capital base and may influence its funding capacity, market liquidity, and ownership structure for existing and prospective shareholders.
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 is an Australian-listed company trading on the ASX under the code MHC. The business operates in the resources sector with a focus suggested by its name on gold-related exploration or production activities, serving investors seeking exposure to precious metals projects.
Average Trading Volume: 1,228,862
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$11.8M
For detailed information about MHC stock, go to TipRanks’ Stock Analysis page.