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Ora Gold ( (AU:NMG) ) has issued an update.
New Murchison Gold Limited announced the issuance of 10,000,000 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code NMG. This move is part of the company’s strategy to enhance its capital base, potentially strengthening its market position and providing opportunities for growth and investment in its gold mining operations.
More about Ora Gold
New Murchison Gold Limited operates in the gold mining industry, focusing on the exploration and development of gold resources. The company is primarily involved in the extraction and sale of gold, catering to markets interested in precious metals.
YTD Price Performance: 218.18%
Average Trading Volume: 34,890,624
Technical Sentiment Signal: Buy
Current Market Cap: A$389.2M
See more insights into NMG stock on TipRanks’ Stock Analysis page.