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Tesoro Gold ( (AU:TSO) ) has provided an announcement.
Tesoro Gold Limited has issued over 9 million fully paid ordinary shares, allowing for secondary trading under the Corporations Act. The company is actively drilling at its El Zorro Gold Project in Chile, with results to be released in compliance with continuous disclosure obligations. This development supports Tesoro’s strategic expansion in the gold mining sector, potentially enhancing its market position and offering stakeholders insights into its operational progress.
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 is a mining company focused on discovering and defining gold systems in Chile. It has identified the first Intrusive Related Gold System in the Coastal Cordillera region, known for its rich copper and gold deposits. The company has secured rights to the El Zorro Gold Project, which is a district-scale project, and owns a significant majority through its Chilean subsidiary.
Average Trading Volume: 443,057
Technical Sentiment Signal: Buy
Current Market Cap: A$198.7M
Find detailed analytics on TSO stock on TipRanks’ Stock Analysis page.