Tolu Minerals Ltd (TOK.AX)
Tolu Minerals Ltd operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Kangaroo Point, QLD, AU. The stock last traded at $1.29, down 7.53% on the session, giving a market capitalisation of $362.5M. Its beta of -0.81 implies it has historically moved less than the broad market.
Tolu Minerals Limited, an Australian company headquartered in Brisbane and established in 2020, is dedicated to the exploration and advancement of mineral resources across Papua New Guinea. The firm boasts full ownership of the Tolukuma gold project, an extensive site spanning 1,600 square kilometers in Papua New Guinea's Central Province. Additionally, it possesses stakes in the Mt. Penck project, which focuses on gold and copper exploration on New Britain Island, also within Papua New Guinea.
Tolu Minerals Ltd is most often compared with the following Basic Materials names: