Australia's Toubani Resources hits all-time high on $259 million funding package

Toubani Resources

10/10/2025 24:39

** Shares of Toubani Resources TRE.AX rise as much as 25.9% to A$0.535, an all-time high

** Gold miner received an A$395 million ($259 million) funding package secured to finance construction of the Kobada Gold Project in Mali

** Stock posts its biggest intraday pct gain since March 5, 2024

** Over 1.2 million shares change hands, compared with the 30-day average volume of about 517,000

** TRE currently up 8.2%, bringing YTD gains to 150%

($1 = 1.5251 Australian dollars)

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))