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An update from Meeka Gold Limited ( (AU:MEK) ) is now available.
Meeka Metals Limited has announced the issuance of 6,250,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s strategy to leverage options exercised or convertible securities converted, potentially impacting its market position by increasing liquidity and shareholder engagement.
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
Meeka Metals Limited operates in the metals industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and trading of metals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 18,689,440
Technical Sentiment Signal: Buy
Current Market Cap: A$628.7M
See more insights into MEK stock on TipRanks’ Stock Analysis page.