Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from Ora Gold ( (AU:NMG) ).
New Murchison Gold Limited has issued 2,000,000 fully paid ordinary shares to its employees following the exercise of vested employee options. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant legal provisions, indicating a strategic move to incentivize employees and potentially strengthen its market position.
More about Ora Gold
New Murchison Gold Limited operates in the gold mining industry, focusing on the exploration and development of gold projects. Its primary project is the Garden Gully Gold Project, and it is publicly traded on the ASX under the code NMG.
YTD Price Performance: 200%
Average Trading Volume: 25,569,926
Technical Sentiment Signal: Buy
Current Market Cap: A$356.2M
See more insights into NMG stock on TipRanks’ Stock Analysis page.