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Tesoro Gold ( (AU:TSO) ) has issued an announcement.
Tesoro Gold Limited’s latest financial report reveals a decrease in cash and cash equivalents by the end of the quarter, primarily due to significant expenditure on exploration and evaluation activities. Despite these costs, the company managed to secure substantial financing through equity securities, which bolstered their cash position and supports ongoing and future exploration efforts.
More about Tesoro Gold
Tesoro Gold Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources, particularly gold. The company is involved in the acquisition and development of mining assets, aiming to enhance its resource base and ultimately increase shareholder value.
YTD Price Performance: 0.0%
Average Trading Volume: 15,666
Current Market Cap: $23.23M
For detailed information about TSO stock, go to TipRanks’ Stock Analysis page.
