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Ora Banda Mining ( (AU:OBM) ) has issued an announcement.
Ora Banda Mining Ltd has reported the lapse of several categories of employee equity incentives, including retention rights and FY25 long-term incentive performance rights, all expiring in June 2029. In total, 93,158 conditional rights have ceased after their vesting conditions were not met or became incapable of being satisfied, marginally reducing potential future dilution for existing shareholders and signalling that specific performance or retention hurdles tied to these instruments were not achieved.
The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.50 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 an Australian gold mining and exploration company listed on the ASX under the ticker OBM. The company focuses on developing and operating gold assets in Western Australia, seeking to grow production and enhance shareholder value through exploration, project development, and disciplined capital management.
Average Trading Volume: 9,875,060
Technical Sentiment Signal: Buy
Current Market Cap: A$2.05B
See more data about OBM stock on TipRanks’ Stock Analysis page.