tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tesoro Gold Advances with New Share Issuance and Ongoing Drilling in Chile

Story Highlights
Tesoro Gold Advances with New Share Issuance and Ongoing Drilling in Chile

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Tesoro Gold ( (AU:TSO) ) has shared an update.

Tesoro Gold Limited has issued over 503 million fully paid ordinary shares, facilitating secondary trading under the Corporations Act’s exemptions. The company is actively drilling at its El Zorro Gold Project in Chile, with results to be disclosed as per continuous obligations, potentially impacting its operational and market positioning.

The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.21 price target. To see the full list of analyst forecasts on Tesoro Gold stock, see the AU:TSO Stock Forecast page.

More about Tesoro Gold

Tesoro Gold Limited is a mining company that has discovered and defined the first Intrusive Related Gold System in Chile, with a significant 1.82 million ounce Ternera discovery in the Coastal Cordillera region. This region is known for its world-class copper and gold mines, supported by established infrastructure and an experienced workforce. Tesoro has secured rights to the district-scale El Zorro gold project through its in-country network, aligning with its strategic goals.

Average Trading Volume: 5,458,724

Technical Sentiment Signal: Buy

Current Market Cap: A$139M

Learn more about TSO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1