Just looking at this stock and doing light DD.
I don't see a lot of reason that the inferred resource wouldn't be upgraded to indicated and as such the 80MM market cap seems quite reasonable. I expect gold and silver prices to stay roughly where they are. Roughly AUD100MM worth of gold and say AUD35MM worth of silver. The debt is relatively high but the debt to equity of about 1 is not prohibitive and I understand it is getting paid down fairly quickly.
It would be nice to pick up the shares closer to 20c but the recent positive announcement and the two new higher highs and possible double bottom on the daily the technicals are looking good to, though needs confirmation.
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MKR
manuka resources ltd.
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2.56%
!
3.8¢

Just looking at this stock and doing light DD.I don't see a lot...
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Last
3.8¢ |
Change
-0.001(2.56%) |
Mkt cap ! $30.84M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $4.388K | 112.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 31412 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 144224 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 31412 | 0.037 |
4 | 320111 | 0.036 |
2 | 135709 | 0.033 |
1 | 3187 | 0.032 |
1 | 220000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 144224 | 2 |
0.040 | 2628 | 1 |
0.041 | 30000 | 1 |
0.043 | 120000 | 3 |
0.045 | 101137 | 1 |
Last trade - 13.19pm 19/06/2025 (20 minute delay) ? |
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MKR (ASX) Chart |
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RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
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