Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Manuka Resources Ltd ( (AU:MKR) ) has issued an update.
Manuka Resources Ltd has applied to the ASX for quotation of 5,140,000 new fully paid ordinary shares under its ticker MKR, with an issue date of 20 January 2026. The additional share quotation will expand the company’s listed capital base, potentially affecting its liquidity and ownership structure, though the announcement does not specify the purpose of the new securities or any associated strategic initiatives for existing shareholders or new investors.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.17 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 on the ASX under the code MKR. The announcement does not provide details on the company’s industry, specific operations, or primary products and services.
Average Trading Volume: 11,012,264
Technical Sentiment Signal: Buy
Current Market Cap: A$234.7M
See more insights into MKR stock on TipRanks’ Stock Analysis page.