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Ora Gold ( (AU:NMG) ) has provided an update.
New Murchison Gold Limited has released its annual review of Mineral Resources and Ore Reserves Estimates for the Crown Prince Gold Mine, reflecting mining depletion up to September 30, 2025. The company commenced mining operations in July 2025 and reported production of 160,000 tonnes of ore, yielding 9,959 ounces of gold. As part of its strategic focus, NMG is exploring the underground potential of Crown Prince and nearby deposits, with plans for a resource estimate update in early 2026.
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
New Murchison Gold Limited (ASX:NMG) operates in the mining industry, focusing on gold exploration and development. The company is primarily involved with the Crown Prince Gold Deposit and has a market capitalization of $433 million.
YTD Price Performance: 263.64%
Average Trading Volume: 33,398,620
Technical Sentiment Signal: Buy
Current Market Cap: A$432.9M
For detailed information about NMG stock, go to TipRanks’ Stock Analysis page.