tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Meeka Metals Converts Options to Shares, Raises $375,000

Story Highlights
Meeka Metals Converts Options to Shares, Raises $375,000

TipRanks Black Friday Sale

Meeka Gold Limited ( (AU:MEK) ) just unveiled an announcement.

Meeka Metals Limited has announced the issuance of 6,250,000 fully paid ordinary shares following the conversion of unlisted options. This transaction, which raised $375,000, was conducted without disclosure to investors under specific provisions of the Corporations Act, and the company confirms compliance with relevant legislative requirements.

The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.33 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.

More about Meeka Gold Limited

Average Trading Volume: 18,689,440

Technical Sentiment Signal: Buy

Current Market Cap: A$628.7M

For a thorough assessment of MEK stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1