Mark Connelly Purchases 3,750,000 Shares of Tesoro Gold (ASX:TSO) Stock

Tesoro Gold Ltd (ASX:TSO) insider Mark Connelly bought 3,750,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was purchased at an average price of A$0.06 per share, for a total transaction of A$217,500.00.

Tesoro Gold Stock Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 0.68 and a quick ratio of 4.92. The firm has a market cap of $41.94 million, a price-to-earnings ratio of -91.17 and a beta of 0.55.

Tesoro Gold Company Profile

Tesoro Gold Ltd engages in the acquisition, exploration, and development of resource projects in Chile. The company primarily explores for gold deposits. It holds 85% interest in the El Zorro Gold project covering an area of approximately 555 square kilometers located in northern Chile. The company was formerly known as Tesoro Resources Limited and changed its name to Tesoro Gold Limited in April 2022.