Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Mount Ridley Mines Limited ( (AU:MRD) ) has provided an announcement.
Mount Ridley Mines Limited has issued 1,579,417 new fully paid ordinary shares, as recorded in an Appendix 2A lodged on 13 January 2026, and has notified the market that these securities were issued without a disclosure document under the Corporations Act’s exemption provisions. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information requiring disclosure, signalling that the share issue is a routine capital markets transaction rather than a response to undisclosed developments, which helps maintain transparency and regulatory confidence for investors.
The most recent analyst rating on (AU:MRD) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Mount Ridley Mines Limited stock, see the AU:MRD Stock Forecast page.
More about Mount Ridley Mines Limited
Mount Ridley Mines Limited (ASX: MRD) is an Australian-listed resources company operating in the mining and exploration sector. The company is focused on the development and management of mineral assets, with its securities traded on the Australian Securities Exchange and regulated under the Australian Corporations Act.
Average Trading Volume: 30,650,440
Technical Sentiment Signal: Sell
Current Market Cap: A$40.85M
See more insights into MRD stock on TipRanks’ Stock Analysis page.