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An update from Torque Metals Ltd. ( (AU:TOR) ) is now available.
Torque Metals Ltd. has successfully raised $2.8 million through the issuance of 12,847,373 fully paid ordinary shares following the exercise of unlisted share options. This financial move is expected to bolster the company’s capital for ongoing and future projects, potentially enhancing its market position and providing value to stakeholders.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.50 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 mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in the production of precious metals.
Average Trading Volume: 1,897,696
Technical Sentiment Signal: Buy
Current Market Cap: A$163.2M
For an in-depth examination of TOR stock, go to TipRanks’ Overview page.