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Manuka Resources Ltd ( (AU:MKR) ) has issued an update.
Manuka Resources Ltd has applied to the ASX for quotation of 1,000,000 new ordinary fully paid shares, to be traded under its existing ticker MKR. The additional securities, issued on 6 January 2026 following the exercise or conversion of existing options or other convertible securities, modestly increase the company’s quoted share capital and may slightly enhance liquidity for shareholders, though the announcement contains no further operational or strategic detail.
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
Average Trading Volume: 9,368,613
Technical Sentiment Signal: Buy
Current Market Cap: A$140.5M
See more insights into MKR stock on TipRanks’ Stock Analysis page.