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Ora Gold ( (AU:NMG) ) has provided an update.
New Murchison Gold Limited has announced a series of corporate and reporting changes as it transitions from gold explorer to producer, including shifting its financial year-end from 30 September to 30 June to bring its reporting timetable into line with other ASX-listed gold producers. The company will introduce a nine‑month transitional financial year to 30 June 2026 with corresponding interim and full-year reporting and will seek shareholder approval to appoint BDO Audit as its new auditor, while committing to hybrid annual general meetings in future to improve access for interstate and overseas investors, signalling a more mature governance framework and closer alignment with its producer peer group.
The most recent analyst rating on (AU:NMG) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Ora Gold stock, see the AU:NMG Stock Forecast page.
More about Ora Gold
New Murchison Gold Limited is an ASX-listed gold company focused on the Garden Gully Gold Project in Western Australia. Having historically operated as an explorer, the company is undergoing a transition to gold production, which has been reflected in a rising share price and increased market capitalisation, prompting a broader review of its corporate and reporting practices to align with established Australian gold producers.
YTD Price Performance: 22.00%
Average Trading Volume: 28,840,205
Technical Sentiment Signal: Buy
Current Market Cap: A$660.2M
Find detailed analytics on NMG stock on TipRanks’ Stock Analysis page.