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Torque Metals Director Cristian Moreno Steps Down but Retains Significant Stake

Story Highlights
  • Torque Metals disclosed that director Cristian Moreno resigned from the board effective 29 April 2026.
  • Despite leaving the board, Moreno retains millions of Torque shares and sizeable unlisted option holdings via a trust.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Torque Metals Director Cristian Moreno Steps Down but Retains Significant Stake

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Torque Metals Ltd. ( (AU:TOR) ) just unveiled an announcement.

Torque Metals has announced that director Cristian Moreno has ceased to be a director of the company as of 29 April 2026. In his final director’s interest notice, the company disclosed that Moreno directly holds 198,593 fully paid ordinary shares and, through Situal Pty Ltd as trustee for the Americas Family Trust, has interests in more than 7.5 million shares and a substantial package of unlisted options, indicating a continuing significant financial stake in the company despite stepping down from the board.

The most recent analyst rating on (AU:TOR) stock is a Buy with a A$0.55 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.

More about Torque Metals Ltd.

Torque Metals Ltd. is an Australian listed company operating in the resources sector. It is involved in the exploration and development of mineral assets, and its securities are traded on the ASX, reflecting its focus on attracting capital market investors for its projects.

Average Trading Volume: 3,223,139

Technical Sentiment Signal: Buy

Current Market Cap: A$298.4M

For detailed information about TOR stock, go to TipRanks’ Stock Analysis page.

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