Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Toubani Resources Limited Registered Shs ( (AU:TRE) ) has shared an announcement.
Toubani Resources Limited has issued 78,180,293 shares following the exercise of unlisted options, as announced on October 20, 2025. The issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant sections of the Act, indicating a transparent and regulated process. This move is likely to impact Toubani’s financial positioning, potentially enhancing its capacity to further develop its gold project in West Africa.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
More about Toubani Resources Limited Registered Shs
Toubani Resources Limited is focused on developing the next large gold development project in West Africa with its Kobada Gold Project, which is oxide-dominant. The company boasts a highly experienced board and management team with a successful track record in advancing projects from exploration through to production.
Average Trading Volume: 453,948
Technical Sentiment Signal: Buy
Current Market Cap: A$13.01M
Learn more about TRE stock on TipRanks’ Stock Analysis page.