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Mount Ridley Mines Limited ( (AU:MRD) ) has provided an update.
Mount Ridley Mines Limited has announced the cessation of 43,610,314 MRDAA options, which were due to expire on 31 December 2025 at an exercise price of $0.05. The options lapsed because the conditions attached to the conditional rights to securities were not met or could no longer be satisfied, resulting in a reduction of the company’s potential future issued capital and altering the structure of its outstanding securities.
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 is an Australian-listed resources company (ASX: MRD), operating in the mining and exploration sector. The company focuses on identifying and advancing mineral projects, with its securities traded on the Australian Securities Exchange under the MRD ticker.
Average Trading Volume: 32,681,335
Technical Sentiment Signal: Sell
Current Market Cap: A$42.04M
See more data about MRD stock on TipRanks’ Stock Analysis page.