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Ora Gold ( (AU:NMG) ) has provided an announcement.
New Murchison Gold Limited has announced the cessation of 950,000 performance rights (ASX code NMGAAD) after the conditions attached to those rights were not met or became incapable of being satisfied as of 19 December 2025. The lapse of these conditional securities effectively reduces the company’s potential future dilution from share-based incentives and signals that certain performance or operational milestones tied to these rights have not been achieved, which may influence investor perception of management’s progress against targets.
The most recent analyst rating on (AU:NMG) stock is a Buy with a A$0.04 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, listed on the ASX under the code NMG, operates in the gold exploration and mining sector. The company focuses on advancing its gold assets, primarily in Australia, with capital structure and incentive arrangements that support project development and corporate performance.
YTD Price Performance: 327.27%
Average Trading Volume: 32,103,630
Technical Sentiment Signal: Buy
Current Market Cap: A$508.6M
For detailed information about NMG stock, go to TipRanks’ Stock Analysis page.