Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Manuka Resources Ltd ( (AU:MKR) ) just unveiled an update.
Manuka Resources has appointed experienced mining executive Rod Griffith as executive general manager of operations to oversee its Wonawinta silver project and Mt Boppy gold project, ahead of planned silver and gold production from Wonawinta in the second quarter of 2026. Griffith will lead the plant upgrade and production restart at Wonawinta, supporting the company’s previously announced 10-year mine plan to produce 13.2 million ounces of silver at an average cost of A$35 per ounce, with Manuka’s unhedged exposure to gold and silver prices positioning it to benefit directly from current market levels.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.10 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 Limited is an Australian mining company focused on silver and gold production, with key assets including the 100%-owned Wonawinta silver project and the Mt Boppy gold project in the Cobar Basin of New South Wales. The company targets precious metals markets and remains unhedged to gold and silver prices, seeking to leverage prevailing commodity prices to enhance operational profitability.
Average Trading Volume: 9,368,613
Technical Sentiment Signal: Buy
Current Market Cap: A$140.5M
For an in-depth examination of MKR stock, go to TipRanks’ Overview page.