| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 77.39K | 47.61K | 6.35K | 13.37K | 0.00 | 0.00 |
| Gross Profit | 77.39K | 47.61K | 6.35K | 13.37K | -22.11K | -24.57K |
| EBITDA | -8.32M | -8.15M | -6.60M | -3.60M | -4.43M | -6.08M |
| Net Income | -8.40M | -8.21M | -6.63M | -3.57M | -4.48M | -6.29M |
Balance Sheet | ||||||
| Total Assets | 12.52M | 9.35M | 4.28M | 4.04M | 3.88M | 1.72M |
| Cash, Cash Equivalents and Short-Term Investments | 11.32M | 8.47M | 3.28M | 3.64M | 3.51M | 785.68K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.39M | 748.64K | 872.09K | 900.53K | 424.51K | 1.60M |
| Stockholders Equity | 11.13M | 8.60M | 1.59M | 3.43M | 3.46M | 122.27K |
Cash Flow | ||||||
| Free Cash Flow | -6.65M | -6.85M | -9.87M | -3.45M | -4.96M | -11.44M |
| Operating Cash Flow | -6.16M | -6.83M | -9.80M | -3.43M | -4.94M | -11.36M |
| Investing Cash Flow | -483.68K | -14.00K | -66.46K | -17.17K | -24.56K | -75.24K |
| Financing Cash Flow | 15.76M | 13.13M | 5.21M | 3.67M | 7.72M | 11.51M |
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% | |
55 Neutral | AU$146.34M | -21.30 | -3.54% | ― | ― | ― | |
52 Neutral | AU$25.50M | 3,453.45 | -59.50% | ― | ― | ― | |
51 Neutral | AU$13.01M | -5.71 | -125.80% | ― | ― | ― | |
48 Neutral | AU$15.14M | -4.44 | -6.21% | ― | ― | -28.57% | |
46 Neutral | AU$28.57M | 29.28 | -1.78% | ― | ― | 1.38% |
Toubani Resources has begun construction at its Kobada Gold Project in Mali after reaching a final investment decision and securing key approvals, including an investment protocol with the state and environmental, resettlement and infrastructure permits. The company formally marked the start of earthworks with local traditional leaders and has initiated civil works across major infrastructure sites such as the processing plant, water storage dam, tailings storage facility and accommodation areas.
Initial construction is centred on bulk earthworks to prepare for the first foundations next quarter, with about 40% of project capital already committed and shipments of key equipment, including materials for CIL tank construction, now underway. Toubani is targeting first gold production in the third quarter of 2027, a milestone that would advance its ambition to become a leading gold producer in West Africa and could significantly enhance its operational profile and regional industry presence.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
S&P Dow Jones Indices has updated its March 2026 quarterly rebalance of the All Ordinaries index, reversing earlier plans involving African Gold Limited and American Rare Earths Limited while confirming a wide slate of additions. The changes, effective before trading on March 23, 2026, will see numerous resource, energy-transition, and technology-oriented companies, including Toubani Resources Limited, added to the benchmark, potentially improving their market visibility, liquidity, and appeal to index-tracking investors.
The rebalance strengthens the representation of mining, critical minerals, and related sectors in the All Ordinaries, reflecting ongoing investor focus on resources and energy transition themes in the Australian market. Inclusion in this widely followed index can influence capital flows and valuation for the added companies, as they may benefit from increased institutional attention and passive fund participation aligned with the index composition.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has released a corporate presentation outlining its strategy to become a gold producer through the development and delivery of the Kobada Gold Mine, targeted for March 2026. The document is largely comprised of standard disclaimers, emphasizing that the information is summary in nature, may include non-IFRS financial measures, and that investors must rely on their own assessment, with the company and its officers disclaiming liability for any inaccuracies or reliance on forward-looking information.
The presentation underscores that all financial figures are stated in U.S. dollars and that past performance should not be taken as an indicator of future results. It also notes that the materials do not constitute an offer of securities and highlights regulatory and jurisdictional restrictions on distribution, framing the release primarily as an informational update rather than a transactional or binding commitment for stakeholders.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited, an ASX-listed gold development company, is focused on building West Africa’s next large gold project at its oxide-dominant Kobada Gold Project, supported by a management team experienced in progressing African mining assets from exploration to production. The board has authorised the latest corporate actions as part of its ongoing capital management.
The company has issued 450,000 new shares following the exercise of options priced at $0.336, and has confirmed that these shares were issued without a disclosure document in reliance on relevant exemptions under the Corporations Act. Toubani stated it remains in compliance with its continuous disclosure obligations and that there is no excluded information requiring disclosure, indicating routine capital raising activity rather than a change in its operational outlook.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has applied to the ASX for quotation of an additional 450,000 ordinary fully paid shares under its existing ticker TRE, expanding the volume of its listed securities on the market. The new shares, issued on February 26, 2026, marginally increase the company’s equity base and free float, which may influence liquidity and ownership dispersion for existing and prospective shareholders.
While the release provides only procedural details, the additional quotation signals incremental capital formation or conversion of existing instruments into equity, a routine step for a listed issuer. Investors may view the move as part of ongoing corporate and capital-structure management, though the lack of further operational context limits insight into strategic implications or use of proceeds.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources has issued 1,750,000 new shares from the exercise of options and a further 113,450,920 shares to an investor at $0.40 per share, following shareholder approval earlier in February 2026. The company has confirmed that these shares were issued without a prospectus under relevant Corporations Act provisions and that it remains compliant with its continuous disclosure obligations, signalling strengthened capitalisation to support development of its Kobada Gold Project.
Toubani also stated that, as at the date of the notice, it is not aware of any excluded information that would require disclosure under the Act. This reassures investors that the substantial equity issuance has been conducted within the existing regulatory framework and without undisclosed material information, providing greater certainty around the company’s governance and transparency as it advances its West African gold development plans.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has applied for the quotation of 113,450,920 ordinary fully paid shares on the Australian Securities Exchange under the ticker TRE. The securities, issued on February 20, 2026, represent a significant addition to the company’s listed capital base and may affect liquidity and ownership dispersion for existing and prospective shareholders.
The application under the ASX Appendix 2A framework formalizes the move to have these new shares traded, aligning with prior transaction disclosures lodged via Appendix 3B. While no additional operational details are provided, the enlarged quoted float could influence the company’s market visibility and capital structure within the Australian resources investment landscape.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has applied for quotation on the ASX of 1,750,000 new ordinary fully paid shares under the code TRE. The new securities, issued on February 23, 2026, modestly expand the company’s listed share capital and may support its ongoing corporate and operational funding needs.
The additional shares could enhance trading liquidity in Toubani Resources stock and provide greater flexibility for capital management. While the announcement is procedural in nature, it signals continued activity in the company’s equity structure, which existing and prospective shareholders may factor into their valuation and ownership decisions.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources has secured the environmental permit for its Kobada Gold Project, with Mali’s Ministry of Environment approving the project’s Environmental and Social Impact Assessment and Resettlement Action Plan. With all key permits for construction now in place, the company has started resettlement activities in line with its project schedule, marking a major de-risking milestone for the development and progression of one of Africa’s next significant gold projects.
The permit receipt strengthens Toubani’s ability to advance Kobada towards construction and eventual production, enhancing its strategic positioning in the African gold sector. This regulatory clearance is expected to support execution of project timelines and may improve stakeholder confidence, as environmental and social obligations have been formally endorsed by the authorities.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources has reported rapid progress at its Kobada Gold Project in southern Mali, with the development remaining on track to commence construction in the first quarter of 2026. Key permitting milestones have been achieved, including approvals for the Environmental and Social Impact Assessment, Resettlement Action Plan and water extraction permit, clearing the way for the final Environmental Permit and the start of site works. Engineering and procurement have advanced under lead contractor Ausenco, with long lead items such as the ball mill, mineral sizer, CIL tank platework and structural steel ordered and tracking to schedule, while major contracts for logistics and bulk earthworks have been awarded and mining tenders near completion. Project financing to complete construction is in place, further funding optimisation discussions are under way, all key project positions in Perth and Mali have been filled, and the company continues to operate without interruption on the ground, underscoring its confidence in delivering a significant new gold mine for Mali and enhancing its status as an emerging African gold producer.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.46 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has called a General Meeting of shareholders for 13 February 2026 in Perth, advising investors that the meeting details and any changes will be communicated via the ASX platform and the company’s website. The company will not mail physical copies of the Notice of Meeting, instead directing shareholders to access documents online and strongly encouraging the use of electronic proxy voting and email-based communications to improve efficiency, reduce costs and support more timely and environmentally friendly engagement with its investor base.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has called a general meeting of shareholders for 13 February 2026 in Perth to seek approval for a proposed gold stream facility with EEA SPV, a wholly owned subsidiary or affiliate of EEA. The key resolution, designated as essential, would allow the company to grant the gold stream facility and associated security, and to pay an option fee to EEA, subject to shareholder approval under ASX Listing Rule 10.1, with voting exclusions applying to EEA, EEA SPV and other materially benefitting parties, underscoring the transaction’s significance for the company’s funding structure and project financing strategy.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has issued a total of 3,236,796 new shares following the exercise of options on 8 and 9 January 2026, and has notified the market that these shares were issued without the need for a prospectus or disclosure document under Australian corporate law. The company confirmed it remains in compliance with its continuous disclosure obligations and that there is no excluded information requiring disclosure, suggesting the additional capital has been raised in an orderly manner without altering its existing regulatory standing or signalling undisclosed developments to shareholders.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has disclosed a change in the indirect shareholdings of director Phil Russo, involving entities Marnae Super Pty Ltd and Optimus Investments (WA) Pty Ltd. The transaction saw Russo exercise 1,000,000 stock options with a strike price of A$0.35 on a cashless basis, resulting in the issue of 111,796 fully paid ordinary shares, while a further 1,000,000 options with a strike price of A$0.50 lapsed without consideration. Following these changes, Russo’s indirect holding in Toubani increased to 676,776 fully paid ordinary shares, while his performance rights holdings remain unchanged, signalling a modest shift from derivative-based incentives to direct equity exposure that may be viewed as aligning his interests more closely with those of shareholders.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has applied for the quotation of 3,236,796 additional ordinary fully paid shares on the ASX, issued on 8 and 9 January 2026, under its ticker TRE. The move modestly increases the company’s quoted share capital and may reflect the exercise of options or conversion of other securities, signalling incremental capital formation that could support ongoing corporate or project activities, with minor dilution for existing shareholders.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has announced the cessation of 1,000,000 options (TREAQ) with an exercise price of A$0.50 that expired unexercised on 9 January 2026. The expiry of these options without conversion results in a reduction of potential future dilution for existing shareholders and slightly simplifies the company’s capital structure, though it does not immediately affect the number of ordinary shares on issue.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has updated the market on a change in director Scott Perry’s interests, following the issue of 250,000 new options with a strike price of A$0.50 and expiry on 19 December 2028. The options were granted as part of Perry’s remuneration package, previously approved by shareholders at a meeting on 3 December 2025, and increase his derivative exposure to the company without altering his existing holding of 6,038,236 fully paid ordinary shares, clarifying his incentive alignment and reinforcing disclosure around director compensation structures for investors.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources Limited has notified the market of the issue of 1,000,000 unquoted options under an employee incentive scheme, exercisable at A$0.50 and expiring on 19 December 2028. The move reinforces the company’s use of equity-based incentives to align employees with long-term shareholder value, while modestly expanding its potential future equity base without immediate dilution, a step that may support retention and performance in a competitive resources labour market.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
Toubani Resources has issued 1,000,000 unlisted director options following shareholder approval at its 3 December 2025 general meeting. The move aligns director incentives with the company’s ongoing efforts to advance the Kobada Gold Project in West Africa and underscores continued board commitment to progressing the project toward development.
The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.