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Manuka Resources Ltd ( (AU:MKR) ) has issued an announcement.
Manuka Resources Ltd has applied to the ASX for quotation of 3,195,011 new fully paid ordinary shares under the code MKR, following the exercise or conversion of existing options or other convertible securities. The issuance, dated 7 January 2026, modestly increases the company’s quoted share capital, signaling ongoing capital management and potentially providing additional funding flexibility for its operations and projects, though no further operational or strategic details were disclosed in the filing.
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: 9,537,244
Technical Sentiment Signal: Buy
Current Market Cap: A$140.5M
For a thorough assessment of MKR stock, go to TipRanks’ Stock Analysis page.