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Orange Minerals NL ( (AU:OMX) ) has issued an announcement.
Orange Minerals NL has issued 6,628,889 new shares without a disclosure document under the Corporations Act, confirming it remains compliant with its financial reporting and continuous disclosure obligations and that there is no additional excluded information requiring disclosure. The share issuance, detailed in a recent ASX filing, modestly expands the company’s capital base and underscores ongoing funding activity to support its exploration programs across Australia and Ghana.
The most recent analyst rating on (AU:OMX) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Orange Minerals NL stock, see the AU:OMX Stock Forecast page.
More about Orange Minerals NL
Orange Minerals NL is an Australian exploration company listed on the ASX and focused on polymetallic opportunities, including zinc, lead, copper, silver and gold, in Western Australia’s Pilbara region and New South Wales’ Lachlan Fold Belt. The company is also preparing to begin exploration at the Tepa Gold Project in Ghana’s Sefwi belt, pursuing a systematic, data-driven approach to advance its portfolio of early-stage mineral assets.
Average Trading Volume: 277,187
Technical Sentiment Signal: Buy
Find detailed analytics on OMX stock on TipRanks’ Stock Analysis page.