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An update from Tesoro Gold ( (AU:TSO) ) is now available.
Tesoro Gold Ltd has announced the issuance of 7,500,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code TSO. This move signifies a strategic step in expanding its capital base, potentially enhancing its financial flexibility and supporting its ongoing exploration and development activities.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.27 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 Ltd operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and developing high-quality gold assets, aiming to enhance its market position within the precious metals sector.
YTD Price Performance: 170.0%
Average Trading Volume: 6,709,450
Technical Sentiment Signal: Buy
Current Market Cap: A$136M
For a thorough assessment of TSO stock, go to TipRanks’ Stock Analysis page.