Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an update.
Native Mineral Resources Holdings Ltd has issued 56,666,650 new shares at $0.04 each, raising $2.26 million as part of the second tranche of the Maas Placement, with all shares ranking equally with existing ones. The company is advancing its exploration efforts at the Blackjack deposit, with a diamond drilling program underway and preparations for a reverse circulation drilling program, indicating progress towards restarting gold production in Q3 2025.
More about Native Mineral Resources Holdings Ltd.
Native Mineral Resources Holdings Ltd is a company involved in the mining industry, focusing on mineral exploration and development. The company is engaged in projects such as the Charters Towers Gold Project in North Queensland, aiming to restart gold production.
YTD Price Performance: 194.87%
Average Trading Volume: 1,694,946
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$88.55M
For detailed information about NMR stock, go to TipRanks’ Stock Analysis page.