Manuka (MKR.AX) Stock Update
Manuka Resources Ltd (MKR.AX) closed the trading session on Thursday, 22 July 2026, down 5.56 % at 11:59 AM Central Europe. The share price was AUD 0.05 on the exchange. The company’s market capitalization is AUD 97.1 million, based on a share supply of 1.9 billion. In the past 24 hours, approximately AUD 140.3 k worth of shares were traded. Since the end of the previous month, the share price has declined 21.54 %. The 200‑day simple moving average is AUD 0.10. The 52‑week high of AUD 0.23 was reached on 27 January 2026; the 52‑week low of AUD 0.04 was reached on 28 October 2025.
Recent Performance of Related Stocks
| Ticker | % Change (24 h) | Current Price | Market Cap (AUD mn) | Notes |
|---|---|---|---|---|
| IVR.AX – Investigator Silver | –2.27 % | AUD 0.04 | 115.4 | |
| QGL.AX – Quantum Graphite | –6.06 % | AUD 0.31 | 116.4 | |
| GOW.AX – Gowing Bros | 0.00 % | AUD 2.00 | 112.7 | |
| RCT.AX – Reef Casino | +0.22 % | AUD 4.64 | 115.3 | P/E = 21.36 |
| MLG.AX – Mlg Oz | +4.17 % | AUD 0.75 | 115.4 | P/E = 9.69 |
Mlg Oz reported a year of steady growth and improved profitability. Revenue grew modestly and earnings margins strengthened through higher utilisation of its fleet and longer‑duration projects across its core mine site services, bulk haulage, civil engineering, and crushing & screening divisions. Capital expenditure increased to support fleet renewal and asset expansion, while debt levels remained modest relative to earnings. A leadership transition moved the executive chair to a non‑executive role and appointed a new chief executive, reinforcing board oversight and operational management separation. The board reaffirmed its commitment to governance, risk management, and shareholder returns, and outlined a strategy focused on sustaining operational discipline, expanding high‑margin services, and exploring complementary acquisitions.
About Manuka
Manuka Resources Ltd is an Australian precious‑metal mining services company headquartered in Sydney, operating in the Cobar Basin region of New South Wales. The company focuses on exploring and discovering gold and silver field properties. More information is available on the company’s website: www.manukaresources.com.au . Manuka is listed on the ASX All Markets stock exchange.
