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Manuka Resources Ltd ( (AU:MKR) ) has shared an update.
Manuka Resources has notified the market of the issuance of 36,423,612 unquoted warrants, each expiring four years from their issue date of 27 February 2026. The new warrants, which constitute a separate class of unquoted equity securities, reflect the company’s ongoing use of structured equity instruments to fund its operations and potentially broaden its investor base over the medium term.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.14 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 an Australia-based mining company listed on the ASX under the code MKR. The company operates in the resources sector and raises capital through both quoted and unquoted securities to support its projects and corporate activities.
Average Trading Volume: 15,772,980
Technical Sentiment Signal: Buy
Current Market Cap: A$197.9M
For detailed information about MKR stock, go to TipRanks’ Stock Analysis page.