Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Manuka Resources Ltd ( (AU:MKR) ) just unveiled an announcement.
Manuka Resources Limited reported several key developments in its September 2025 quarterly activities. The company successfully raised A$8.3 million through an Entitlement Offer and announced a further A$15 million placement to support the restart of its Wonawinta Silver Mine and exploration at Mt Boppy. The Taranaki VTM Project in New Zealand is under environmental assessment, with a decision expected by March 2026, potentially making it a major contributor to New Zealand’s mineral export growth. Additionally, Manuka commenced trading on the New Zealand Stock Exchange, reflecting increased interest from New Zealand investors. The company is also focused on resuming production at its Australian sites by early 2026, supported by recent capital raisings and debt restructuring.
More about Manuka Resources Ltd
Manuka Resources Limited operates in the mining industry, focusing on precious metals such as gold and silver. The company is involved in projects in Australia and New Zealand, with a significant emphasis on the Taranaki VTM Project in New Zealand, which aims to significantly boost the country’s mineral export earnings.
Average Trading Volume: 4,764,257
Technical Sentiment Signal: Buy
Current Market Cap: A$53.13M
For an in-depth examination of MKR stock, go to TipRanks’ Overview page.