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Tesoro Gold
(Sydney:TSO)
Tesoro Gold (TSO) vs. iShares MSCI Australia ETF (EWA)
Tesoro Gold Business Overview & Revenue Model
Tesoro Gold Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 36.87K | 826.00 | 2.32K | 0.00 | Gross Profit |
| -124.46K | -62.29K | -31.30K | -61.62K | -42.30K | -328.00 | EBIT |
| -1.91M | -1.28M | -2.70M | -3.48M | -3.93M | -1.21M | EBITDA |
| -1.84M | -222.75K | -2.79M | -5.26M | -5.52M | -4.65M | Net Income Common Stockholders |
| -1.91M | -340.64K | -3.15M | -5.06M | -5.35M | -4.71M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 3.86M | 302.01K | 2.85M | 3.98M | 13.73M | 5.87M | Total Assets |
| 47.43M | 37.68M | 42.31M | 31.11M | 29.86M | 9.06M | Total Debt |
| 261.89K | 32.80K | 86.14K | 108.94K | 111.35K | 0.00 | Net Debt |
| -3.60M | -269.20K | -2.73M | -3.84M | -13.62M | -5.87M | Total Liabilities |
| 1.13M | 694.84K | 1.26M | 987.24K | 1.87M | 388.50K | Stockholders Equity |
| 44.24M | 35.14M | 38.92M | 28.27M | 25.85M | 8.67M |
| Cash Flow | Free Cash Flow | ||||
| 77.12K | -5.28M | -9.86M | -19.32M | -13.55M | -2.79M | Operating Cash Flow |
| 84.19K | 29.44K | -1.58M | -2.15M | -1.15M | -1.19M | Investing Cash Flow |
| -2.55M | -5.31M | -8.28M | -17.17M | -12.40M | -1.53M | Financing Cash Flow |
| 7.50M | 2.73M | 8.52M | 9.87M | 21.39M | 8.56M |
Tesoro Gold Technical Analysis
Tesoro Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $29.30B | 24.84 | 11.01% | 2.44% | 25.11% | 28.88% | |
76 Outperform | $3.63B | 25.34 | 13.42% | 0.90% | 11.93% | 22.74% | |
72 Outperform | $15.56B | 22.50 | 16.97% | 1.79% | 60.56% | 302.20% | |
70 Outperform | C$4.82B | 8.99 | 22.80% | 1.41% | 12.24% | 14.88% | |
51 Neutral | $1.27B | 41.67 | -5.02% | ― | 27.79% | -144.05% | |
51 Neutral | $1.98B | -1.26 | -21.11% | 5.99% | 2.92% | -30.46% | |
35 Underperform | $48.54M | ― | -4.61% | ― | ― | 58.82% |
Tesoro Gold Corporate Events
Tesoro Gold Ltd announced the issuance of 198,012 unquoted share rights, which will expire five years from the issue date. This move is part of an employee incentive scheme and reflects the company’s strategy to motivate and retain talent, potentially impacting its operational efficiency and market positioning.
Tesoro Gold Limited has issued 388,353,499 fully paid ordinary shares, facilitating secondary trading under the Corporations Act 2001. The company is actively engaged in drilling at the El Zorro Gold Project in Chile, with plans to release results as they become available, aligning with their continuous disclosure obligations.
Tesoro Gold Ltd has announced the quotation of 388,353,499 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of April 30, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial standing and market presence, potentially impacting stakeholders positively by increasing liquidity and investment opportunities.
Tesoro Gold Limited reported significant progress in its exploration activities for the quarter ending March 31, 2025, with new high-grade gold zones identified at the Ternera deposit. The company achieved notable drilling results, extending beyond existing MRE boundaries, and identified new targets near the deposit, reinforcing the potential for district-scale gold opportunities. Additionally, Tesoro secured approximately A$11.1 million in equity placement to support the advancement of the El Zorro Project, including ongoing permitting, exploration, and technical studies.
Tesoro Gold Limited has initiated the permitting process for its El Zorro Gold Project in Chile by commencing an Environmental Impact Study (EIA) with the help of Chilean engineering firm Pares&Alvarez. This move is part of Tesoro’s strategy to align approval milestones with its development activities, further advancing and de-risking the project. The EIA, expected to be completed in 24 months, will assess potential environmental and social impacts, and upon obtaining necessary approvals, the project will be permitted for construction and operation. This step is critical for Tesoro as it continues to engage with infrastructure providers and stakeholders to support the project’s development.
Tesoro Gold Ltd has announced a proposed issue of securities, which includes the issuance of 15 million unlisted options and over 461 million ordinary fully paid shares. This move is part of a strategic effort to raise capital and potentially expand its operations, reflecting the company’s ambition to strengthen its position in the gold mining sector. The issuance is scheduled for April 29, 2025, and is expected to impact the company’s financial structure and stakeholder interests.
Tesoro Gold Limited has successfully secured approximately A$11.1 million through an institutional placement to advance its El Zorro Gold Project. The funds will be used for new discovery drilling, completing a new Mineral Resource Estimate, and updating the scoping study, as well as fully funding the permitting process. The placement saw strong demand from both domestic and global institutions, with significant investment from strategic partner Gold Fields Limited. This financial boost will enable Tesoro to aggressively pursue its exploration and development goals over the next year, strengthening its position in the gold mining industry.
Tesoro Gold Limited has announced the identification of two new highly prospective drill targets near its Ternera Gold Deposit, located within the El Zorro Gold Project in Chile. The discovery follows a comprehensive Magneto-Telluric geophysical survey that expanded the modelled prospectivity of the El Zorro IRGS corridor to over 30km. This development underscores the vast potential of the district-scale exploration, with additional targets identified and scheduled for drilling in 2025, reinforcing the company’s belief in significant future gold discoveries.
Tesoro Gold Ltd has announced its upcoming annual general meeting of shareholders, scheduled for May 1, 2025, in Fremantle, WA. The company emphasizes the importance of shareholders submitting proxy votes in advance and provides multiple methods for doing so. This meeting is crucial for stakeholders to engage with the company’s strategic direction and operational updates, reflecting Tesoro’s commitment to transparency and shareholder engagement.
Tesoro Gold Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement, approved by the board, outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, ensuring transparency and accountability in its operations.
Tesoro Gold Limited has released its Corporate Governance Statement, which outlines the company’s adherence to the ASX Corporate Governance Council’s Principles and Recommendations during the financial year starting July 1, 2024. The company has generally complied with these guidelines, except for certain areas where it has provided explanations and alternative practices. Due to its current size and operations, the company has opted not to establish individual board committees, instead assigning these duties to the full board. This approach reflects the board’s confidence in its current skill set and experience to manage these responsibilities effectively.
Tesoro Gold has released its 2024 Transitional Annual Report, which includes a comprehensive review of its operations and financial performance. The report highlights the company’s mineral resources and ore reserves, providing insights into its current standing and future potential in the mining industry. This annual report is crucial for stakeholders as it outlines Tesoro Gold’s financial health and strategic direction, impacting investor confidence and market positioning.
Tesoro Gold Limited has announced significant assay results from its ongoing drilling program at the El Zorro Gold Project in Chile. The exploration has revealed a wide, shallow gold zone extending beyond the existing mineral resource estimate at the Ternera Gold Deposit, particularly to the north, where it remains open and highly mineralized. This discovery includes notable intercepts such as 68.23 meters at 1.18 grams per tonne of gold, indicating potential for further resource expansion. The company is prioritizing this new zone for rapid delineation of additional gold resources, which could enhance its market position and offer potential benefits to stakeholders.
Tesoro Gold Limited has announced its Annual General Meeting for shareholders, scheduled for May 1, 2025, in Fremantle, WA. The company has set a deadline for director nominations by March 17, 2025. This meeting is significant for stakeholders as it is an opportunity to discuss the company’s strategic direction, particularly in light of its recent successes in securing mining rights in Chile, which could impact its market positioning and future operations.
Tesoro Gold Limited announced a change in the director’s interest, with Geoffrey William McNamara acquiring an additional 152,372 fully paid ordinary shares through an off-market trade. This acquisition increases McNamara’s indirect holdings to 34,470,918 shares, indicating a strengthened position in the company. The change reflects a strategic move that could impact the company’s governance and shareholder dynamics, potentially influencing its market perception and investor confidence.
Tesoro Gold Limited announced a change in the director’s interest, specifically regarding the lapse of 9,225,000 Class D Performance Rights previously held by Mr. Zeffron Charles Reeves as trustee for the Palin Trust. This change occurred following the non-achievement of certain performance-based vesting conditions, as resolved by the Board. The lapse of these rights reflects on the company’s operational adjustments concerning executive compensation and performance metrics.
Tesoro Gold Ltd has announced the cessation of 29,206,470 performance rights, as the conditions for these securities have not been met or are incapable of being fulfilled. This decision could impact the company’s equity structure and reflects the challenges in meeting certain operational goals, potentially affecting investor sentiment and strategic planning.