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Ora Gold ( (AU:NMG) ) has provided an announcement.
New Murchison Gold Limited has applied to the ASX for quotation of 20 million new ordinary fully paid shares, issued on 20 January 2026. The additional securities, arising from the exercise of options or conversion of other instruments, will expand the company’s listed share capital and may enhance liquidity in its stock, with potential implications for existing shareholders through dilution and for the company’s capacity to fund future activities.
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 an Australian-listed gold exploration and mining company operating in the resources sector, with its ordinary fully paid shares traded on the ASX under the code NMG.
YTD Price Performance: 26.00%
Average Trading Volume: 28,781,112
Technical Sentiment Signal: Buy
Current Market Cap: A$660.2M
For an in-depth examination of NMG stock, go to TipRanks’ Overview page.