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An announcement from Tesoro Gold ( (AU:TSO) ) is now available.
Tesoro Gold Limited has announced the issuance of 133,333 fully paid ordinary shares, enabling secondary trading under exemptions in the Corporations Act. This move supports its ongoing efforts in the El Zorro Gold Project in Chile, where drilling operations are underway to uncover further opportunities within its extensive and strategically significant gold holdings.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.32 price target. To see the full list of analyst forecasts on Tesoro Gold stock, see the AU:TSO Stock Forecast page.
More about Tesoro Gold
Tesoro Gold Limited operates in the mining industry, focusing on gold exploration and extraction. The company has pioneered the discovery of the first Intrusive Related Gold System in Chile, with its flagship El Zorro Gold Project located in the Coastal Cordillera region, a site known for its world-class copper and gold mines. Tesoro controls a majority share in this large-scale project, leveraging its strong in-country expertise to secure mining rights in a geographically and geologically significant location.
Average Trading Volume: 436,854
Technical Sentiment Signal: Buy
Current Market Cap: A$198.2M
See more data about TSO stock on TipRanks’ Stock Analysis page.