NMG

NEWMURCH FPO [NMG]
New Murchison Gold Limited engages in the mineral exploration activities in Australia. The company primarily explores for gold. Its flagship property is the Garden Gully property consisting of 677 square kilometers tenure package located in the Abbotts Greenstone Belt north of Meekatharra. The company was formerly known as Ora Gold Limited and changed its name to New Murchison Gold Limited in November 2024. New Murchison Gold Limited was incorporated in 2003 and is based in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0430 +4.9%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Cash positive / operating cashflow positive
  • Low P/S ratio (2.1x)
  • Piotroski F-Score strong (7/9, low-confidence approx)
  • CANSLIM A: Turned profitable
  • Strong return on equity (116%)
  • Healthy profit margins (58%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 50% over the past year (excluding last month)
  • Low-priced stock risk ($0.043)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.45%/day)
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Recent Catalysts

NONE (Amended) High-Grade Gold Intercepts at Cloudkicker Deposit
NONE High-grade Gold Intersects at Cloudkicker Deposit
NONE Notification of cessation of securities - NMG
MEDIUM Updated Mineral Resource Estimate for Garden Gully
Announcement tone +5pts

Recent ASX Announcements

2026-07-15 (Amended) High-Grade Gold Intercepts at Cloudkicker Deposit
2026-07-13 High-grade Gold Intersects at Cloudkicker Deposit PRICE SENSITIVE
2026-06-26 Notification of cessation of securities - NMG
2026-06-24 Updated Mineral Resource Estimate for Garden Gully PRICE SENSITIVE
2026-06-19 Change of Company Address

Key Metrics

$467.2M
Market Cap
14.8M
Avg Volume
1.0x
Vol Ratio
$0.02 — $0.08
52-Week Range
N/A
Short Interest
N/A
Cash Runway
116.5%
ROE
57.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSneutralEPS Growth: 0%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 50%
LLeader vs LaggardlaggardRS: -4
IInstitutional SponsorshipweakInst: 6%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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