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Torque Metals Ltd.
(Sydney:TOR)
Torque Metals Ltd. (TOR) vs. iShares MSCI Australia ETF (EWA)
Torque Metals Ltd. Business Overview & Revenue Model
Torque Metals Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 191.67K | 196.57K | 100.00K | 0.00 | 50.00K |
| Gross Profit | -279.48K | 191.67K | 196.57K | 58.68K | -24.93K | 50.00K |
| EBITDA | -6.08M | -6.20M | -4.58M | -2.05M | -2.13M | -1.81M |
| Net Income | -6.35M | -7.25M | -4.68M | -2.09M | -2.15M | -1.82M |
Balance Sheet | ||||||
| Total Assets | 78.53M | 60.02M | 22.78M | 11.71M | 10.29M | 8.82M |
| Cash, Cash Equivalents and Short-Term Investments | 16.15M | 3.52M | 2.26M | 2.09M | 3.44M | 5.08M |
| Total Debt | 422.10K | 478.15K | 19.06K | 40.94K | 61.05K | 0.00 |
| Total Liabilities | 3.83M | 2.77M | 2.67M | 981.02K | 363.93K | 769.92K |
| Stockholders Equity | 74.70M | 57.24M | 20.11M | 10.73M | 9.92M | 8.05M |
Cash Flow | ||||||
| Free Cash Flow | -2.46M | -2.40M | -7.90M | -3.93M | -4.57M | -1.44M |
| Operating Cash Flow | -1.39M | -1.51M | -1.97M | -270.81K | -1.22M | -13.91K |
| Investing Cash Flow | -4.99M | -3.89M | -5.93M | -3.41M | -3.34M | -1.43M |
| Financing Cash Flow | 21.10M | 6.53M | 8.08M | 2.33M | 2.92M | 6.51M |
Torque Metals Ltd. Technical Analysis
Torque Metals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$236.91M | -301.32 | -2.84% | ― | ― | 42.74% | |
46 Neutral | AU$112.81M | -8.13 | -13.28% | ― | ― | 3.85% | |
45 Neutral | AU$257.78M | -54.81 | -18.74% | ― | ― | 14.63% | |
42 Neutral | AU$94.29M | -21.55 | -25.67% | ― | ― | -700.00% | |
42 Neutral | AU$282.52M | -21.67 | -9.73% | ― | ― | -85.71% |
Torque Metals Ltd. Corporate Events
Torque Metals has issued 1,474,409 new ordinary shares, as detailed in a filing with the ASX, and has confirmed that these shares were issued without a prospectus under the disclosure exemptions of the Corporations Act. The company also advised that it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information, signalling regulatory compliance around this capital issuance for existing and prospective shareholders.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals Ltd. has applied for quotation on the ASX of 1,474,409 new ordinary fully paid shares, to be traded under the ticker TOR. The securities, issued on March 17, 2026, arise from the exercise or conversion of existing options or other convertible securities, modestly expanding the company’s quoted capital base and potentially enhancing liquidity for shareholders.
This move indicates incremental capital structure activity rather than a major capital raising, suggesting a continuation of existing financing arrangements. The additional quoted shares may slightly dilute existing holders but could improve market depth and tradability in Torque Metals’ stock, with limited immediate operational or strategic implications disclosed in the filing.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals used the Euroz Hartleys Rottnest Conference to position its Paris Gold Project in Western Australia as a transformational growth opportunity, underpinned by a proven discovery and development team. The presentation reiterates previously reported high-grade exploration results, including notable gold intercepts associated with orogenic gold systems, and emphasizes compliance with JORC reporting standards while cautioning investors about the inherent risks and uncertainties in forward-looking statements.
The company stresses that the material disclosed is informational rather than an offer of securities and that mineral resource estimates remain unchanged since prior announcements. By highlighting the geological characteristics of its high-grade core samples and reaffirming the integrity of its technical data, Torque aims to reinforce confidence in the potential of the Paris Project and its broader exploration portfolio among investors and stakeholders.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.49 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals Ltd. has released its financial statements for the half year ended 31 December 2025, outlining its updated corporate directory and governance structure. The company highlighted board and management changes, including the appointment of a new chief executive officer and a new company secretary, signaling continued refinement of its leadership and administrative framework.
These updates, together with confirmation of its principal place of business, auditors, share registry, and ASX listing details, reinforce the company’s corporate compliance and transparency. While the release is largely administrative in nature and does not provide operational or financial performance detail, it formalizes key leadership transitions that may influence future strategic direction and investor oversight.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.49 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals has issued 1,460,889 new ordinary shares, as detailed in a filing with the ASX, expanding its share capital base. The company confirmed the shares were issued without a prospectus under relevant Corporations Act provisions, while affirming ongoing compliance with financial reporting and continuous disclosure obligations and stating there is no excluded information.
The cleansing notice assures investors that Torque remains up to date with statutory requirements under Chapter 2M and sections 674 and 674A of the Corporations Act. This step helps maintain the tradability of the new securities on the secondary market and supports transparency for existing and prospective shareholders regarding the company’s regulatory standing.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals Ltd., an ASX-listed resources company trading under the code TOR, has issued and applied for quotation of new ordinary fully paid shares. The company continues to access equity markets as part of its broader capital management and funding strategy.
The company has lodged an application with the ASX for quotation of 1,460,889 ordinary fully paid shares. These securities, issued on March 11, 2026, arise from the exercise or conversion of existing options or other convertible instruments, modestly increasing Torque Metals’ free float and tradable share base.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals Ltd., an Australian resources company listed on the ASX under code TOR, primarily operates through the issuance and trading of ordinary fully paid shares. The company uses equity-based structures, including performance rights, as part of its ongoing capital management and incentive frameworks within the mining and exploration industry.
The company has lodged an Appendix 3B announcing a proposed issue of up to 11,111,112 new ordinary shares and 40,000,000 performance rights, with an anticipated issue date of 28 April 2026. This planned placement and performance rights issue signals a forthcoming expansion of Torque Metals’ capital base, potentially funding future activities while increasing the pool of equity-based incentives for stakeholders aligned with ASX requirements.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals Limited has notified the ASX of a proposed issue of up to 1,198,681 performance rights as part of a new placement or other type of security issue. The performance rights, to be issued under a new security class, form part of the company’s broader capital management strategy and may be used for incentives or other corporate purposes, potentially affecting existing shareholders through future dilution and aligning management interests with company performance.
The proposed securities are intended to be quoted on the ASX once issued, with Torque Metals committing to lodge the required follow-up documentation after the final number is confirmed. This move underscores the company’s ongoing use of equity-linked instruments to support its operations and governance framework, while signaling to investors how future remuneration and ownership structures might evolve.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals has recruited a high-profile exploration and development team from Spartan Resources, including Simon Lawson as chairman-elect, Craig Jones as CEO and managing director-elect, and David Coyne as non-executive director-elect. The trio were instrumental in Spartan’s transformation through the high-grade Never Never and Pepper discoveries, which ultimately underpinned Spartan’s multibillion-dollar merger with Ramelius Resources.
The new leadership group will cornerstone a $3 million equity raising at $0.27 per share, giving Torque a pro-forma cash balance of about $19 million to accelerate exploration across the Paris Gold Project and its wider Kalgoorlie landholding. With deep technical, operational and capital markets experience, the board expects the team to pursue a discovery-led strategy aimed at unlocking high-grade resources and positioning the Paris project for a future transition to development and production.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals Ltd. has requested and been granted a trading halt in its securities on the ASX, effective from 9 March 2026, with the halt to remain until either 11 March 2026 or the release of a pending announcement. The company said the halt is to facilitate disclosure of proposed management changes and a capital raising, signaling a potential shift in leadership and funding structure that may affect its strategic direction and shareholder interests.
ASX Compliance confirmed the trading halt in a market announcement, noting that Torque is not aware of any reasons the halt should not be granted or of any additional information required to inform the market. The request was authorised by the company’s board, underscoring that the forthcoming announcement is considered material to investors and requires an orderly market while the changes and capital plans are finalized.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.37 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals reported a strong December 2025 quarter, highlighted by high-grade drilling results at its Paris Gold Deposit that extend mineralisation well beyond the existing 250,000-ounce resource, confirming Paris as a large-scale, multi-lode gold system open along strike and at depth. At the nearby HHH Deposit, initial DHEM surveys identified new conductor plates and additional east–west lodes south of the current resource, reinforcing the presence of Paris-style sulphide-associated gold and underscoring significant near-resource and regional upside. On the corporate front, Torque completed a $15 million bought-deal placement, ending the quarter with about $16 million in cash and in-the-money options that could add roughly $4.6 million, leaving the company fully funded to pursue aggressive multi-rig drilling and resource growth across the Paris Gold Camp through 2026, strengthening its development and growth trajectory for stakeholders.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.
Torque Metals has outlined its 2026 strategy for the Paris Gold Camp, moving the project from discovery and expansion into a more mature resource growth and development phase. The company has begun mining development and permitting activities, including mine development closure planning and technical studies to support regulatory submissions for proposed mining operations, leveraging pre-Native Title granted mining leases that enable a faster transition from care and maintenance toward development. With a current Mineral Resource of 250,000 ounces at 3.1 g/t gold defined at AUD$3,000/oz and recent drilling identifying additional shallow high-grade mineralisation outside the existing resource envelope, Torque is running an aggressive multi-rig drilling program to both expand and upgrade resources, particularly at the Paris and Observation deposits. Ongoing exploration at targets such as Paris South, Strauss and Maynards Dam is aimed at adding near-surface ounces, while the company also evaluates toll-treatment and other development pathways, signalling a shift toward potential gold production and enhanced project value for stakeholders, subject to regulatory approvals.
The most recent analyst rating on (AU:TOR) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Torque Metals Ltd. stock, see the AU:TOR Stock Forecast page.