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Turaco Gold Ltd ( (AU:TCG) ) has provided an update.
Turaco Gold Limited has issued 300,000 ordinary shares following the exercise of unquoted performance rights, as part of its Performance Rights Plan. This move, which does not require a disclosure to investors under the Corporations Act, is intended to reward eligible employees and contractors, potentially strengthening the company’s operational capabilities and market standing.
The most recent analyst rating on (AU:TCG) stock is a Buy with a A$0.70 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 a company operating in the gold mining industry. It focuses on the exploration and development of gold resources, aiming to enhance its market position by leveraging its performance rights plan to incentivize employees and contractors.
Average Trading Volume: 1,437,097
Technical Sentiment Signal: Buy
Current Market Cap: A$520M
For a thorough assessment of TCG stock, go to TipRanks’ Stock Analysis page.