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Magnetic Resources NL Issues New Shares Following Option Conversion

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Protect Your Portfolio Against Market Uncertainty

Magnetic Resources NL ( (AU:MAU) ) has shared an update.

Magnetic Resources NL has issued 1,506,296 fully paid ordinary shares following the conversion of options at $0.68 each. The company confirms compliance with relevant sections of the Corporations Act and states there is no excluded information that needs disclosure, ensuring transparency and adherence to regulatory standards.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

More about Magnetic Resources NL

Average Trading Volume: 147,230

Technical Sentiment Signal: Buy

Current Market Cap: A$409.6M

For a thorough assessment of MAU stock, go to TipRanks’ Stock Analysis page.

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