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Torque Metals Ltd. ( (AU:TOR) ) has issued an announcement.
Torque Metals Limited has requested a trading halt on its securities pending an announcement about the finalization of a bought deal funding arrangement. This halt is expected to last until the announcement is made or normal trading resumes on December 10, 2025. The move indicates potential strategic financial developments for the company, which could impact its market positioning and stakeholder interests.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.29 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 Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the extraction and production of metals, catering to various market demands for raw materials.
Average Trading Volume: 2,087,450
Technical Sentiment Signal: Buy
Current Market Cap: A$167.8M
See more data about TOR stock on TipRanks’ Stock Analysis page.