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The latest announcement is out from Ora Gold ( (AU:NMG) ).
New Murchison Gold disclosed that 22 million fully paid ordinary shares were issued after vested option exercises, executed without a prospectus under the Corporations Act. The company emphasizes compliance with continuous disclosure obligations and notes no undisclosed information, signalling orderly capital management rather than operational change.
The most recent analyst rating on (AU:NMG) stock is a Buy with a A$0.08 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 Australian gold explorer focused on the Garden Gully Gold Project in Western Australia, supplying exposure to gold discovery and development opportunities for resource-focused investors.
YTD Price Performance: 30.0%
Average Trading Volume: 30,225,446
Technical Sentiment Signal: Buy
Current Market Cap: A$693.9M
See more insights into NMG stock on TipRanks’ Stock Analysis page.