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Meeka Gold Limited ( (AU:MEK) ) has provided an update.
Meeka Metals Limited has announced a proposed issue of 400,000,000 ordinary fully paid securities, scheduled for issuance on June 25, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its market position by increasing its financial resources and offering new opportunities for growth and investment.
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
Meeka Metals Limited operates in the metals industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production and distribution of metals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 11,099,763
Technical Sentiment Signal: Buy
Current Market Cap: A$440.2M
Find detailed analytics on MEK stock on TipRanks’ Stock Analysis page.