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Tesoro Gold ( (AU:TSO) ) has issued an update.
Tesoro Gold Ltd announced the quotation of 503,671,027 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s market presence and provide additional capital for its ongoing exploration and development activities, potentially impacting its strategic positioning and offering new opportunities for stakeholders.
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 Ltd operates in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and developing gold resources, with a primary market focus on expanding its portfolio of gold assets.
Average Trading Volume: 5,458,724
Technical Sentiment Signal: Buy
Current Market Cap: A$139M
For detailed information about TSO stock, go to TipRanks’ Stock Analysis page.