Claim 70% 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
The latest update is out from Mount Ridley Mines Limited ( (AU:MRD) ).
Mount Ridley Mines Limited has applied to the ASX for quotation of 1,040,766 new ordinary fully paid shares, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects ongoing capital management activity and may slightly broaden the company’s shareholder base, but does not in itself signal a material change to operations or strategy.
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 operating in the mining and exploration sector, with its ordinary fully paid shares traded on the ASX under the ticker MRD.
Average Trading Volume: 35,915,535
Technical Sentiment Signal: Sell
Current Market Cap: A$39.46M
For an in-depth examination of MRD stock, go to TipRanks’ Overview page.