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MinRex Resources Limited ( (AU:MRR) ) just unveiled an announcement.
MinRex Resources Limited has requested and been granted a trading halt on its securities on the ASX, effective from 5 January 2026, while it prepares to release details of a material acquisition. The halt will remain in place until either the announcement regarding the transaction is released or normal trading resumes on 7 January 2026, signalling that MinRex is considering a potentially significant deal that could affect its strategic direction and valuation, and prompting investors to watch for a near-term update on the company’s growth plans.
The most recent analyst rating on (AU:MRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on MinRex Resources Limited stock, see the AU:MRR Stock Forecast page.
More about MinRex Resources Limited
MinRex Resources Limited (ASX: MRR) is an Australian-listed resources company operating in the mining and exploration sector, though this announcement does not specify its particular commodity focus or flagship projects. The company’s securities trade on the ASX, and its activities are subject to ASX Listing Rules and market disclosure obligations.
Average Trading Volume: 2,005,471
Technical Sentiment Signal: Sell
Current Market Cap: A$14.1M
For detailed information about MRR stock, go to TipRanks’ Stock Analysis page.