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Ora Banda Mining ( (AU:OBM) ) has issued an update.
Ora Banda Mining Ltd has announced the quotation of 350,000 ordinary fully paid securities on the ASX, effective from May 9, 2025. This move is part of the company’s strategy to enhance its capital structure by exercising options or converting other securities, potentially impacting its market positioning and providing opportunities for stakeholders.
The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.
More about Ora Banda Mining
Ora Banda Mining Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold resources in Australia. The company is listed on the Australian Securities Exchange (ASX) under the code OBM.
Average Trading Volume: 10,165,839
Technical Sentiment Signal: Buy
Current Market Cap: A$1.98B
For an in-depth examination of OBM stock, go to TipRanks’ Stock Analysis page.