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Manuka Resources Ltd ( (AU:MKR) ) just unveiled an update.
Manuka Resources Ltd has applied to the ASX for quotation of 8,633,333 new ordinary fully paid shares, to be traded under the code MKR. The securities, issued on 27 January 2026 following the exercise or conversion of existing options or other convertible instruments, will expand the company’s quoted share base and may modestly affect capital structure and liquidity for existing shareholders once admitted to trading.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.22 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: 11,619,789
Technical Sentiment Signal: Buy
Current Market Cap: A$300.9M
Learn more about MKR stock on TipRanks’ Stock Analysis page.