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
An announcement from Mount Ridley Mines Limited ( (AU:MRD) ) is now available.
Mount Ridley Mines Limited has applied to the ASX for quotation of 5,035,833 new ordinary fully paid shares, following the exercise or conversion of options or other convertible securities. The modest increase in quoted securities, effective 30 January 2026, marginally expands the company’s issued capital base and may provide additional liquidity for shareholders, but does not in itself signal a major shift in the company’s operational or strategic positioning.
The most recent analyst rating on (AU:MRD) stock is a Hold with a A$0.04 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
Average Trading Volume: 25,741,645
Technical Sentiment Signal: Sell
Current Market Cap: A$52.8M
For an in-depth examination of MRD stock, go to TipRanks’ Overview page.