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The latest announcement is out from Manuka Resources Ltd ( (AU:MKR) ).
Manuka Resources Ltd has announced the issuance of 2,000,000 fully paid ordinary securities to be quoted on the ASX, following the exercise of options or conversion of convertible securities. This move is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and market positioning within the mining industry.
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 involved in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and processing of precious metals, aiming to enhance its market presence in the mining sector.
Average Trading Volume: 6,717,819
Technical Sentiment Signal: Buy
Current Market Cap: A$81.02M
Learn more about MKR stock on TipRanks’ Stock Analysis page.