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Ora Gold ( (AU:NMG) ) has provided an update.
New Murchison Gold Limited has notified the market of the issue of 1,162,046 unquoted performance rights under its employee incentive scheme, effective 15 January 2026. The new securities, which will not be quoted on the ASX, are part of the company’s remuneration and retention framework and are likely aimed at aligning employee interests with shareholder value as the company advances its gold projects.
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 Australian-listed mining company focused on gold exploration and development, with its activities and securities traded under the ASX code NMG.
YTD Price Performance: 30.0%
Average Trading Volume: 28,613,034
Technical Sentiment Signal: Buy
Current Market Cap: A$671M
Find detailed analytics on NMG stock on TipRanks’ Stock Analysis page.