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Torque Metals Ltd. ( (AU:TOR) ) just unveiled an announcement.
Torque Metals Ltd. has announced significant progress at its Paris Gold Project with successful step-out drilling results that extend multiple mineralized lodes. The drilling has revealed high-grade gold intercepts and identified new conductor plates, suggesting the potential for further expansion of the gold system. The company’s ongoing efforts, including the deployment of a second drilling rig, aim to accelerate exploration and enhance the project’s resource potential, reinforcing its position in the gold mining sector.
The most recent analyst rating on (AU:TOR) stock is a Buy with a A$0.57 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. operates in the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in expanding its Paris Gold Project located in Western Australia, which is known for its high-grade gold mineralization.
Average Trading Volume: 2,412,556
Technical Sentiment Signal: Buy
Current Market Cap: A$159.2M
See more insights into TOR stock on TipRanks’ Stock Analysis page.