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The latest update is out from Meeka Gold Limited ( (AU:MEK) ).
Meeka Metals Limited, a company involved in the metals industry, announced the conversion of 250,000 unlisted options into fully paid ordinary shares, generating proceeds of $25,000. This move, which did not require disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and reflects its ongoing efforts to strengthen its capital structure.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.15 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: 10,967,978
Technical Sentiment Signal: Buy
Current Market Cap: A$389.9M
Find detailed analytics on MEK stock on TipRanks’ Stock Analysis page.