Claim 50% 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
Turaco Gold Ltd ( (AU:TCG) ) just unveiled an update.
Turaco Gold reported strong progress at its Afema Project during the December 2025 quarter, where five drill rigs advanced both resource definition and discovery-focused exploration. The project’s Mineral Resource Estimate was recently increased to 4.06 million ounces of gold across six deposits, and drilling at key prospects such as Woulo Woulo, Herman, Adiopan, Anuiri and Jonction delivered broad, continuous and, in several cases, high-grade intercepts that are expected to drive further resource growth and improved confidence in the upcoming Afema pre-feasibility study update. Management is now shifting drilling more heavily toward discovery outside the current resource footprint, particularly at Adiopan and along regional trends including Baffia, Kotoka and the Niamienlessa–Affienou corridor, positioning Turaco for substantial resource expansion and potential value uplift as it targets completion of the Afema PFS in the first half of 2026.
The most recent analyst rating on (AU:TCG) stock is a Hold with a A$0.84 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 Limited is an Australia-listed gold exploration and development company focused on advancing its flagship Afema Project in south-eastern Côte d’Ivoire. The company is working to grow and de-risk its gold resources through systematic drilling, resource definition and pre-feasibility studies across multiple deposits within the broader Afema shear corridor.
Average Trading Volume: 2,810,094
Technical Sentiment Signal: Buy
Current Market Cap: A$847.5M
Learn more about TCG stock on TipRanks’ Stock Analysis page.