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The latest announcement is out from Turaco Gold Ltd ( (AU:TCG) ).
Turaco Gold Ltd has announced a significant gold discovery at the Adiopan site within its Afema Project, with drilling results confirming high-grade gold deposits. This discovery, along with ongoing exploration and resource extension efforts, positions the Afema Project as a potential major gold camp in West Africa. The company is advancing its pre-feasibility study and expects further resource growth and new discoveries, supported by its strong financial position with approximately A$80 million in cash.
The most recent analyst rating on (AU:TCG) stock is a Buy with a A$1.50 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 projects in West Africa. Its primary market focus is on the Afema Project, which is emerging as a significant gold camp with potential for substantial resource growth.
Average Trading Volume: 1,690,833
Technical Sentiment Signal: Buy
Current Market Cap: A$467.7M
See more data about TCG stock on TipRanks’ Stock Analysis page.