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Turaco Gold Ltd ( (AU:TCG) ) just unveiled an announcement.
Turaco Gold Limited has announced the issuance of 800,000 ordinary shares following the exercise of unquoted options at $0.12 each. This move, made without a disclosure to investors under Part 6D.2 of the Corporations Act, reflects the company’s compliance with relevant legal provisions and suggests a strategic step in enhancing its capital structure.
The most recent analyst rating on (AU:TCG) stock is a Buy with a A$1.63 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 operates in the mining industry, focusing on the exploration and development of gold resources. The company is listed on the Australian Securities Exchange under the ticker TCG.
Average Trading Volume: 2,239,204
Technical Sentiment Signal: Hold
Current Market Cap: A$452.3M
For an in-depth examination of TCG stock, go to TipRanks’ Overview page.