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TerraCom Limited ( (AU:TER) ) has shared an update.
TerraCom Limited has opened applications for its partially underwritten 5-for-4 renounceable entitlement offer, seeking to raise up to approximately $60 million through the issue of new shares to eligible shareholders. The company has dispatched the offer booklet and personalised entitlement and acceptance forms, with the offer scheduled to close on 19 January 2026, marking a significant capital-raising initiative that could strengthen TerraCom’s balance sheet and support its ongoing operations in the coal sector.
The most recent analyst rating on (AU:TER) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on TerraCom Limited stock, see the AU:TER Stock Forecast page.
More about TerraCom Limited
TerraCom Limited is an Australian-based mining resources company focused on the coal sector, with a global footprint spanning operating assets in Australia and South Africa. The company positions itself as a renowned low-cost producer, aiming to deliver strong returns from a high-yielding, diversified coal asset portfolio for its investors.
Average Trading Volume: 5,290,995
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$118.9M
See more data about TER stock on TipRanks’ Stock Analysis page.