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Manuka Resources Ltd ( (AU:MKR) ) has issued an update.
Manuka Resources Ltd has announced the issuance of 27,826,400 unquoted options under the security code MKRAZ, with an expiration date of May 15, 2026, and an exercise price of $0.06. This move reflects the company’s ongoing capitalization strategies aimed at strengthening its financial position and engaging with stakeholders, which may enhance its operational capability and industry competitiveness.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Manuka Resources Ltd stock, see the AU:MKR Stock Forecast page.
More about Manuka Resources Ltd
Manuka Resources Ltd is a company operating in the resource and mining industry, focusing on the exploration, development, and production of mineral assets. Its market activities are primarily centered on valuable commodities such as precious metals.
Average Trading Volume: 7,770,762
Technical Sentiment Signal: Buy
Current Market Cap: A$84.53M
Find detailed analytics on MKR stock on TipRanks’ Stock Analysis page.