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Turaco Gold Ltd Issues New Shares Under Performance Rights Plan

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Turaco Gold Ltd Issues New Shares Under Performance Rights Plan

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Turaco Gold Ltd ( (AU:TCG) ) has issued an update.

Turaco Gold Ltd has issued 100,000 ordinary shares following the exercise of unquoted performance rights, as part of its Performance Rights Plan for eligible employees and contractors. This move, compliant with relevant provisions of the Corporations Act, reflects the company’s ongoing efforts to incentivize and reward its workforce, potentially impacting its operational dynamics and stakeholder engagement positively.

The most recent analyst rating on (AU:TCG) stock is a Buy with a A$1.10 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 in the mining industry, focusing on gold exploration and production. It operates primarily in the gold sector, providing services related to the discovery and development of gold resources.

YTD Price Performance: 92.16%

Average Trading Volume: 1,486,880

Technical Sentiment Signal: Buy

Current Market Cap: A$514.9M

For a thorough assessment of TCG stock, go to TipRanks’ Stock Analysis page.

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