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An announcement from Meeka Gold Limited ( (AU:MEK) ) is now available.
Meeka Metals Limited has announced the issuance of 12,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to leverage convertible securities, potentially increasing its capital base and enhancing its market presence.
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 involved in the production and trading of metals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 16,557,523
Technical Sentiment Signal: Buy
Current Market Cap: A$674M
Learn more about MEK stock on TipRanks’ Stock Analysis page.