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Turaco Gold Ltd ( (AU:TCG) ) just unveiled an announcement.
Turaco Gold Limited announced that its Managing Director, Justin Tremain, has sold 2.4 million shares to meet personal obligations, representing less than 10% of his holdings. Despite this sale, Tremain remains committed to the company’s growth, particularly the Afema Gold Project, which has seen substantial progress with a tenfold increase in share price and a significant rise in market capitalization over the past four years.
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 Limited is a company operating in the gold mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in the Afema Gold Project located in Cote d’Ivoire, with a significant market presence and a growing resource base.
Average Trading Volume: 1,452,152
Technical Sentiment Signal: Hold
Current Market Cap: A$457.2M
For a thorough assessment of TCG stock, go to TipRanks’ Stock Analysis page.