Australia's Torque Metals an outstanding investment opportunity, brokerage says

Torque Metals

15/10/2024 20:33

** Analysts at Terra Studio see Australia's Torque Metals
 TOR.AX  as an outstanding investment opportunity, reflecting
its low-market valuation compared to market peers
    ** The gold miner in September announced a mineral resource
estimate (MRE) for its 100%-owned Paris Gold Project
    ** The Paris Gold Project is expected to continue to deliver
high-grade gold mineralisation in a context of record high gold
prices, brokerage says
    ** Stock has fallen 64.6% this year, as of last close

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))