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Tesoro Gold ( (AU:TSO) ) has shared an update.
Tesoro Gold Limited announced the expiry of 60,256,162 listed options with an exercise price of $0.11, which are currently out of the money, meaning the market price of the shares is significantly lower than the exercise price. The official quotation of these options will cease on July 1, 2025, and if the market price does not exceed $0.08 before the expiry date, these options are likely to remain unexercised, potentially impacting stakeholders’ decisions and the company’s financial strategy.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.11 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 operates in the mining industry, focusing primarily on gold exploration and development. The company is listed on multiple exchanges including ASX, OTCQB, and FSE, indicating a broad market focus.
Average Trading Volume: 2,474,059
Current Market Cap: A$48.54M
For an in-depth examination of TSO stock, go to TipRanks’ Stock Analysis page.
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