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Morella Corporation ( (AU:1MC) ) has shared an update.
Morella Corporation Limited announced that all items of business at its 2025 Annual General Meeting were passed by shareholders. The resolutions included the adoption of the remuneration report, re-election of a director, approval of an additional 10% placement facility, and ratification of the issue of shares and convertible notes. The successful passing of these resolutions supports Morella’s strategic initiatives in the lithium and battery minerals sector, potentially strengthening its market position and benefiting stakeholders.
The most recent analyst rating on (AU:1MC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Morella Corporation stock, see the AU:1MC Stock Forecast page.
More about Morella Corporation
Morella Corporation Limited is an exploration and resource development company focused on lithium and battery minerals. The company is currently evaluating several development opportunities in Tier 1 mining jurisdictions in Australia and the United States, aiming to secure and develop raw materials to support the global transition to green energy.
YTD Price Performance: 24.14%
Average Trading Volume: 753,208
Technical Sentiment Signal: Sell
Current Market Cap: A$13.26M
See more data about 1MC stock on TipRanks’ Stock Analysis page.