Australia's Ora Banda jumps most in nearly a month on Sapphire find in WA

Ora Banda Mining

31/07/2026 06:32

** Ora Banda Mining  OBM.AX shares jump as much as 8.6% to A$1.14, their strongest intraday gain since July 2
** Miner says recent drilling at Little Gem project in Western Australia has expanded Sapphire lodes
** Adds, recent drilling continues to deliver high-grade hits along the Gem lode, extending its defined strike length beyond 4.7km.
** Stock down ~26% YTD

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))