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The latest update is out from Torque Metals Ltd. ( (AU:TOR) ).
Torque Metals Ltd. announced an update to its previous statement regarding the issuance of securities, indicating a proposed issuance of 20 million shares and 20 million options under the ASX Listing Rules. This strategic move aims to utilize placement capacity, potentially strengthening the company’s financial position and supporting its ongoing development projects in the mining sector.
More about Torque Metals Ltd.
Torque Metals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and production of gold, with a significant market focus on enhancing its resource base and expanding its mining operations.
YTD Price Performance: 24.00%
Average Trading Volume: 720,891
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.48M
Learn more about TOR stock on TipRanks’ Stock Analysis page.
