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Ora Gold ( (AU:NMG) ) has issued an update.
New Murchison Gold Limited has issued 470,588,235 fully paid ordinary shares to existing and new strategic, institutional, and sophisticated investors. This move, executed under the company’s existing placement capacity, aims to bolster its financial position and support ongoing projects, potentially enhancing its market presence and investor confidence.
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 the company is listed on the Australian Securities Exchange under the code NMG.
YTD Price Performance: 63.64%
Average Trading Volume: 16,680,362
Technical Sentiment Signal: Buy
Current Market Cap: A$187.2M
Learn more about NMG stock on TipRanks’ Stock Analysis page.