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Tesoro Gold ( (AU:TSO) ) has shared an announcement.
Tesoro Gold Limited has released its quarterly activities report for the period ending 30 September 2025, highlighting significant advancements in its El Zorro Gold Project. The updated Ternera Scoping Study reveals a promising open pit gold mining operation with substantial economic potential, including a 13.5-year mine life and a forecasted average production of 111,000 ounces of gold annually for the first nine years. The study also indicates a low pre-production capital cost and high gold recovery rates, supporting a robust financial outlook. Additionally, Tesoro has secured A$34 million in equity placement to accelerate project development and appointed a new Chief Financial Officer, strengthening its corporate structure and financial position.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.27 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 engaged in the development of the El Zorro Gold Project, which includes the Ternera deposit, and is committed to advancing its mining operations through strategic exploration and resource expansion.
YTD Price Performance: 215.00%
Average Trading Volume: 7,213,743
Technical Sentiment Signal: Buy
Current Market Cap: A$158.7M
Find detailed analytics on TSO stock on TipRanks’ Stock Analysis page.