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An update from Torque Metals Ltd. ( (AU:TOR) ) is now available.
Torque Metals Ltd has applied for the quotation of 1,325,560 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 1 May 2026. The new shares arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and potentially enhancing liquidity for shareholders.
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 in the mining and resources sector, trading on the ASX under the code TOR. The company’s securities consist of ordinary fully paid shares, which are quoted on the Australian Securities Exchange for investors seeking exposure to its activities.
Average Trading Volume: 3,202,624
Technical Sentiment Signal: Buy
Current Market Cap: A$274M
See more insights into TOR stock on TipRanks’ Stock Analysis page.