Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Turaco Gold Ltd ( (AU:TCG) ) has issued an update.
Turaco Gold Ltd has announced significant progress in its exploration and drilling activities at the Woulo Woulo and Herman prospects, part of the Afema Project in West Africa. The drilling results have shown higher-grade gold mineralization, enhancing the confidence in the resource models and potentially improving the project’s economic viability. The company is also advancing its Pre-Feasibility Study (PFS) for the Afema Project, with various drilling and testing activities underway, aiming for a resource update by Q1 2026. These developments are expected to strengthen Turaco Gold’s position in the gold mining industry and provide substantial benefits to stakeholders.
The most recent analyst rating on (AU:TCG) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Turaco Gold Ltd stock, see the AU:TCG Stock Forecast page.
More about Turaco Gold Ltd
Turaco Gold Ltd is a company operating in the gold mining industry, focusing on exploration and development of gold resources. The company is engaged in projects primarily located in West Africa, with a significant focus on the Afema Project, which is emerging as a major gold camp in the region.
YTD Price Performance: 103.92%
Average Trading Volume: 2,479,565
Technical Sentiment Signal: Buy
Current Market Cap: A$547.4M
For an in-depth examination of TCG stock, go to TipRanks’ Overview page.