Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Turaco Gold Ltd ( (AU:TCG) ) has shared an update.
Turaco Gold Limited has announced significant drilling results at its Woulo Woulo deposit and Baffia prospect within the Afema Project, revealing high-grade gold intercepts and potential new mineralized structures. The company is accelerating its drilling activities with four rigs operating, aiming to expand its 3.55Moz Mineral Resource Estimate and expedite the development of the Afema Project, supported by a strong financial position with over A$85 million cash.
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 operates in the gold mining industry, focusing on exploration and development of gold deposits. The company primarily engages in the exploration of mineralized structures in its Afema Project located in southeast Cote d’Ivoire, with a market focus on expanding its gold resource base.
Average Trading Volume: 1,620,776
Technical Sentiment Signal: Buy
Current Market Cap: A$488.6M
For an in-depth examination of TCG stock, go to TipRanks’ Overview page.