Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ora Gold ( (AU:NMG) ) has provided an update.
New Murchison Gold Limited reported a strong first full quarter of production from its Crown Prince Gold Mine, selling 184,746 dry tonnes of crushed ore at an agreed grade of 4.0g/t gold and 95.9% recovery, equating to 22,766 ounces of gold delivered to Westgold Resources’ Bluebird processing facility. The company ended the December 2025 quarter with $92 million in cash, reinforcing a solid balance sheet that management says positions it well to advance further near-term production opportunities across its broader Garden Gully tenure and consolidate its growth trajectory in the Murchison goldfield.
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 a mineral exploration and gold mining company focused on the Garden Gully Gold Project in the prolific Murchison goldfield near Meekatharra, Western Australia. The company holds a substantial 677km² tenure package over the Abbotts Greenstone Belt and key regional structures, hosting multiple gold deposits, with the Crown Prince Gold Mine as its most advanced operation.
YTD Price Performance: 26.00%
Average Trading Volume: 28,781,112
Technical Sentiment Signal: Buy
Current Market Cap: A$660.2M
Learn more about NMG stock on TipRanks’ Stock Analysis page.