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Torque Metals Ltd. ( (AU:TOR) ) just unveiled an announcement.
Torque Metals Ltd. announced significant progress at its Paris Gold Project, with new drilling results revealing high-grade gold extensions beyond the current Mineral Resource Estimate. The unexpected discovery of a gold zone outside defined DHEM conductors highlights the project’s potential for further exploration and expansion. With two rigs in operation and a strong financial position, the company is poised to continue its exploration efforts, potentially enhancing its market position and delivering value to shareholders.
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 gold projects. The company is primarily engaged in identifying and expanding high-grade gold deposits, with a significant focus on the Paris Gold Project.
Average Trading Volume: 1,985,786
Technical Sentiment Signal: Buy
Current Market Cap: A$178.1M
For an in-depth examination of TOR stock, go to TipRanks’ Overview page.