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Manuka Resources Ltd ( (AU:MKR) ) has issued an announcement.
Manuka Resources Ltd has addressed a query from the Australian Securities Exchange regarding recent price and volume movements of its securities. The company attributes the recent strength in its share price to the rising gold and silver prices and the anticipation of its production restart in 2026. Additionally, the release of an independent market research report may have influenced trading activity. Manuka Resources confirms its compliance with ASX listing rules and that its board has approved the responses to the ASX queries.
More about Manuka Resources Ltd
Manuka Resources Ltd is a company operating in the mining industry, primarily focusing on the production and exploration of gold and silver. The company is positioned to recommence production in early 2026, capitalizing on the current strength of gold and silver prices.
Average Trading Volume: 2,184,282
Technical Sentiment Signal: Buy
Current Market Cap: A$61.91M
For detailed information about MKR stock, go to TipRanks’ Stock Analysis page.