They are a highly leveraged company, both with debt and high operating costs. This is great when the price of AUD gold is going up but it is now at a 1 year low and they will be struggling to get any free cashflow. They'll need another cap raising in the upcoming quarter to repay debt (and yes im well aware that they just raised $7m).
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MKR
manuka resources ltd.
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4.65%
!
4.5¢

MKR: The Best Silver/Gold Play on the ASX., page-140
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Last
4.5¢ |
Change
0.002(4.65%) |
Mkt cap ! $37.51M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.4¢ | $16.92K | 380.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 95999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.044 |
2 | 117419 | 0.043 |
2 | 25000 | 0.042 |
4 | 236914 | 0.041 |
7 | 685249 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 95999 | 2 |
0.047 | 3235 | 1 |
0.048 | 120000 | 4 |
0.049 | 505887 | 2 |
0.050 | 550000 | 2 |
Last trade - 14.19pm 07/08/2025 (20 minute delay) ? |
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MKR (ASX) Chart |