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Native Mineral Resources Addresses ASX Price Query Amid Gold Market Strength

Story Highlights
  • NMR attributes recent trading activity to announcements about its Blackjack Gold Project.
  • The company confirms compliance with ASX rules and board authorization of responses.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an announcement.

Native Mineral Resources Holdings Ltd. has responded to an ASX price query following a recent increase in the price and trading volume of its securities. The company attributes this activity to recent announcements about its Blackjack Gold Project, including drilling results and resource definition drilling, as well as a part settlement of a shortfall placement to entrepreneur Wes Maas, and the general strength in gold prices. NMR confirms compliance with ASX Listing Rules and that all responses have been authorized by its board.

More about Native Mineral Resources Holdings Ltd.

Native Mineral Resources Holdings Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold projects.

YTD Price Performance: 200.0%

Average Trading Volume: 1,869,163

Technical Sentiment Signal: Sell

Current Market Cap: A$99.2M

For an in-depth examination of NMR stock, go to TipRanks’ Stock Analysis page.

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