Ora Gold Ltd. ( (AU:NMG) ) has issued an update.
New Murchison Gold Limited announced the issuance of over 1.26 billion fully paid ordinary shares to both existing and new strategic, institutional, and sophisticated investors. This move, utilizing the company’s placement capacity under ASX Listing Rules, aims to strengthen its capital base and support ongoing projects.
More about Ora Gold Ltd.
New Murchison Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in projects like the Garden Gully Gold Project and is listed on the ASX under the code NMG.
Average Trading Volume: 112,500
Technical Sentiment Signal: Sell
Current Market Cap: €74M
See more insights into NMG stock on TipRanks’ Stock Analysis page.