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Manuka Resources Ltd ( (AU:MKR) ) has issued an update.
Manuka Resources Ltd. has applied to the Australian Securities Exchange for quotation of 1,782,549 new ordinary fully paid shares, with an issue date of 13 March 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share base and may modestly affect ownership dilution and trading liquidity for current shareholders.
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 Australian-listed company trading under the ASX code MKR. The firm operates in the resources sector, with its ordinary fully paid shares representing its primary listed securities for investors on the Australian Securities Exchange.
Average Trading Volume: 16,311,753
Technical Sentiment Signal: Buy
Current Market Cap: A$192M
See more insights into MKR stock on TipRanks’ Stock Analysis page.