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Ora Gold ( (AU:NMG) ) has issued an update.
New Murchison Gold Limited, operating under the ASX issuer code NMG, announced the cessation of 15,000,000 securities due to the expiry of options or other convertible securities without exercise or conversion. This development indicates a reduction in the company’s issued capital, which may impact its financial structure and investor relations.
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
YTD Price Performance: 263.64%
Average Trading Volume: 33,024,824
Technical Sentiment Signal: Buy
Current Market Cap: A$432.9M
For detailed information about NMG stock, go to TipRanks’ Stock Analysis page.