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Manuka Resources Ltd ( (AU:MKR) ) has shared an announcement.
Manuka Resources Ltd has applied to the ASX for quotation of 5,000,000 new fully paid ordinary shares (ASX code: MKR), issued on 16 January 2026. The additional shares, arising from the exercise or conversion of existing options or other convertible securities, will expand the company’s quoted capital base and may provide increased liquidity for shareholders once admitted to trading, 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$0.17 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
Average Trading Volume: 10,937,523
Technical Sentiment Signal: Buy
Current Market Cap: A$234.7M
See more data about MKR stock on TipRanks’ Stock Analysis page.