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Tesoro Gold Initiates Trading Halt Ahead of Capital Raising Announcement

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Tesoro Gold Initiates Trading Halt Ahead of Capital Raising Announcement

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An update from Tesoro Gold ( (AU:TSO) ) is now available.

Tesoro Gold Limited has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. This move is intended to provide the company with the necessary time to finalize and release details of the capital raising, which could impact its financial strategy and market positioning.

The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.21 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 development. The company is listed on the Australian Securities Exchange (ASX) and is involved in capital raising activities to support its operations.

Average Trading Volume: 4,996,689

Technical Sentiment Signal: Buy

Current Market Cap: A$128.9M

See more data about TSO stock on TipRanks’ Stock Analysis page.

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