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Torque Metals Ltd. ( (AU:TOR) ) has issued an update.
Torque Metals Ltd. has applied to the ASX for quotation of 6,922,867 new ordinary fully paid shares, to be issued on 16 April 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may modestly increase liquidity for current and prospective 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 resources company operating in the mining and exploration sector. Its ordinary fully paid shares trade on the ASX under the code TOR, giving investors exposure to the company’s portfolio of mineral assets and related development activities.
Average Trading Volume: 3,302,868
Technical Sentiment Signal: Buy
Current Market Cap: A$330.7M
Learn more about TOR stock on TipRanks’ Stock Analysis page.