OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor TOR ASX

Torque Metals Limited

Resource Stage · Gold · Australia · Canada · Finland · Sweden Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.175
1D
—
1M
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YTD
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1Y
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Upside
Locked: sign in to view
Mkt cap
A$109.4M
EV
A$96.3M
Cash
A$13.6M
Debt
A$0
7 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory24 documents
Annual Report to shareholders FY2026Results · HighMetadata Only

ASX filing metadata verified; full report content inaccessible through available routes and excluded from extracted facts.

Document ID
tor_annual_2026_unread
Published UTC
2026-09-25T02:10:00Z
Projects
paris_gold · edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
Torque Metals sets its sights on a bigger Ritz gold systemResults · MediumExtracted

Secondary account of FY2026 annual report highlights; used only for reported funding warning pending primary report access.

Document ID
tor_fy26_news_2026
Published UTC
2026-09-25T02:00:00Z
Projects
paris_gold
Commodities
gold
Open original source ↗
TOR ASX ordinary-share reference closeMarket Data · HighExtracted

Latest eligible local ASX ordinary-share close; raw close, volume, provider and security basis retained.

Document ID
tor_market_close_20260925
Published UTC
2026-09-25T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
Resources Rising Stars Gold Coast Conference transcriptPresentation · HighExtracted

Transcribed Craig Jones conference remarks on Ritz drilling allocation, resource-update timing, and development gaps.

Document ID
tor_rrs_transcript_2026
Published UTC
2026-09-09T04:00:00Z
Projects
paris_gold · edleston_gold
Commodities
gold
Open original source ↗
Outstanding Multi-Ounce Gold InterceptsResults · HighExtracted

Ritz rename, high-grade HHH assays with material true-width uncertainty and follow-up drilling.

Document ID
tor_hhh_aug_2026
Published UTC
2026-08-25T23:22:00Z
Projects
paris_gold
Commodities
gold
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportResource Update · HighExtracted

Latest quarterly report with the 351koz Paris MRE, 30 June 2026 cash, capital structure, exploration spend and tenement register.

Document ID
tor_q4_2026
Published UTC
2026-07-26T23:13:44Z
Projects
paris_gold · new_dawn_lithium · penzance_gold · edleston_gold · boomerang_nickel · nordic_exploration
Commodities
gold · lithium · nickel · cobalt · others
Open original source ↗
Project RPM - Exploration and Resource Growth StrategyPresentation · HighExtracted

Project RPM strategy, updated Paris MRE, South Kalgoorlie infrastructure and Edleston resource detail.

Document ID
tor_rpm_2026
Published UTC
2026-07-06T22:24:58Z
Projects
paris_gold · edleston_gold
Commodities
gold
Open original source ↗
Notification regarding unquoted securities - TORGovernance · HighExtracted

Issue of 28.7 million additional performance rights and latest detailed security register.

Document ID
tor_rights_july_2026
Published UTC
2026-07-02T22:17:23Z
Projects
—
Commodities
—
Open original source ↗
Notification regarding unquoted securities - TORGovernance · HighExtracted

Issue of 40 million performance rights and post-issue security register.

Document ID
tor_rights_may_2026
Published UTC
2026-05-14T23:38:31Z
Projects
—
Commodities
—
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportOperations · HighExtracted

March-quarter report covering management transition, drilling and cash expenditure.

Document ID
tor_q3_2026
Published UTC
2026-04-27T22:16:12Z
Projects
paris_gold
Commodities
gold
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportFinancing · HighExtracted

December-quarter report covering the A$15 million placement, cash balance and exploration progress.

Document ID
tor_q2_2026
Published UTC
2026-01-30T02:51:35Z
Projects
paris_gold
Commodities
gold
Open original source ↗
Quarterly Activities and Cashflow ReportsOperations · MediumExtracted

September-quarter drilling progress and quarterly cash flow.

Document ID
tor_q1_2026
Published UTC
2025-10-22T09:17:49Z
Projects
paris_gold
Commodities
gold
Open original source ↗
High grade, higher torqueOther · MediumExtracted

Historical independent research argues for third-party toll treatment, which remains uncontracted.

Document ID
tor_morgans_2025
Published UTC
2025-10-20T00:00:00Z
Projects
paris_gold
Commodities
gold
Open original source ↗
30 June 2025 Annual Report to shareholdersResults · HighExtracted

Audited 2025 financial statements, operations review, security information and tenement register.

Document ID
tor_annual_2025
Published UTC
2025-09-30T04:06:04Z
Projects
paris_gold · edleston_gold · boomerang_nickel · new_dawn_lithium · penzance_gold · nordic_exploration
Commodities
gold · nickel · cobalt · lithium · others
Open original source ↗
Implementation of Schemes of ArrangementTransaction · HighExtracted

The Aston share and option schemes were implemented and the acquired assets became part of Torque.

Document ID
tor_scheme_implementation_2025
Published UTC
2025-06-10T02:11:37Z
Projects
edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
Schemes of Arrangement - Court Approval of SchemesTransaction · HighExtracted

Supreme Court approval removed the final court condition and set the implementation timetable.

Document ID
tor_scheme_court_2025
Published UTC
2025-05-28T06:16:19Z
Projects
edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
Results of Scheme MeetingsTransaction · HighExtracted

Aston shareholders and optionholders approved the two schemes by the required majorities.

Document ID
tor_scheme_vote_2025
Published UTC
2025-05-22T07:16:23Z
Projects
edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
Half Yearly Report and AccountsResults · MediumExtracted

Interim financial statements and exploration review for the six months ended 31 December 2024.

Document ID
tor_half_year_2025
Published UTC
2025-03-13T22:22:42Z
Projects
paris_gold · new_dawn_lithium · penzance_gold
Commodities
gold · lithium
Open original source ↗
Merger UpdateTransaction · MediumExtracted

Clarification of share and option scheme ratios and independent expert appointment.

Document ID
tor_merger_update_2025
Published UTC
2025-01-29T21:15:22Z
Projects
edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
Growth-Focused Explorer - TOR and ASO to MergeTransaction · HighExtracted

Announcement of the all-scrip merger with Aston Minerals, bringing Edleston and Boomerang into Torque.

Document ID
tor_merger_announce_2025
Published UTC
2025-01-27T23:09:54Z
Projects
edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
Scheme Implementation DeedTransaction · HighExtracted

Binding scheme agreement detailing conditions, consideration mechanics and implementation obligations.

Document ID
tor_scheme_deed_2025
Published UTC
2025-01-27T23:10:14Z
Projects
edleston_gold · boomerang_nickel
Commodities
gold · nickel · cobalt
Open original source ↗
TOR and ASO Merger PresentationPresentation · HighExtracted

Merger presentation containing the acquired gold and nickel-cobalt resource bases and New Dawn exploration target.

Document ID
tor_merger_presentation_2025
Published UTC
2025-01-27T23:10:04Z
Projects
paris_gold · edleston_gold · boomerang_nickel · new_dawn_lithium
Commodities
gold · nickel · cobalt · lithium
Open original source ↗
Acquisition of Gold and Lithium Tenements CompletedTransaction · MediumExtracted

Settlement of a Western Australian gold and lithium tenement acquisition with shares, contingent securities and royalty consideration.

Document ID
tor_tenements_2024
Published UTC
2024-10-11T06:53:47Z
Projects
penzance_gold · new_dawn_lithium
Commodities
gold · lithium
Open original source ↗
Paris Gold Project - Mineral Resource EstimateResource Update · HighExtracted

Initial Paris, HHH and Observation JORC estimate, later superseded by the July 2026 update.

Document ID
tor_paris_mre_2024
Published UTC
2024-09-17T22:48:08Z
Projects
paris_gold
Commodities
gold
Open original source ↗
Evidence facts60
paris_mre_2024_total_ozSeptember 2024 global Paris resource

250000 oz Au

2024-09-18
paris_mre_2024_gold_priceOpen-pit optimisation gold price

3000 AUD/oz Au

2024-09-18
paris_recovery_2024Reported Paris metallurgical recovery

>96 %

2024-09-18
tenement_acquisition_sharesOrdinary shares issued to vendor

5000000 shares

2024-10-11
tenement_acquisition_royaltyNet smelter return royalty

2 % NSR

2024-10-11
tenement_acquisition_performance_sharesVendor performance shares issued

5000000 performance shares

2024-10-11
merger_exchange_ratio_initialAston share exchange ratio

1 TOR share for every 5.2 ASO shares None

2025-01-28
merger_placementConcurrent placement

1000000 AUD

2025-01-28
scheme_share_considerationShare scheme consideration

1 TOR share for every 5.2 ASO shares None

2025-01-25
edleston_resource_totalEdleston gold resource

1500000 oz Au

2023-01-19
boomerang_resource_tonnesBoomerang global resource tonnage

1270 Mt

2024-04-15
boomerang_nickel_gradeBoomerang nickel grade

0.27 % Ni

2024-04-15
new_dawn_targetNew Dawn lithium exploration target

8-14 Mt at 1.0-1.2% Li2O None

2024-02-08
scheme_option_ratioScheme option exchange ratio

1 TOR share for every 2,500 ASOAH options None

2025-01-30
half_year_activityPrincipal activity

mineral exploration None

2024-12-31
scheme_vote_share_pctVotes cast for share scheme

99.6 %

2025-05-22
scheme_court_approvedSchemes approved by court

True None

2025-05-28
scheme_implementedAston schemes implemented

True None

2025-06-10
cash_20250630Cash and cash equivalents

3389305 AUD

2025-06-30
lease_liability_20250630Lease liabilities

478151 AUD

2025-06-30
shares_20250914Ordinary shares outstanding

539624520 shares

2025-09-14
cash_20250930Cash balance

4300000 AUD

2025-09-30
cash_20251231Cash balance

16018928 AUD

2025-12-31
placement_2025_amountBought-deal placement proceeds

15000000 AUD

2025-12-31
cash_20260331Cash balance

12227114 AUD

2026-03-31
shares_20260331Ordinary shares outstanding

600074782 shares

2026-03-31
exploration_spend_20260331Quarterly exploration and evaluation expenditure

4273000 AUD

2026-03-31
rights_may_issuePerformance rights issued

40000000 performance rights

2026-05-13
shares_20260703Ordinary shares outstanding

624928499 shares

2026-07-03
rights_20260703Performance rights outstanding

69927609 performance rights

2026-07-03
options_20260703Unlisted options outstanding

70406500 options

2026-07-03
performance_shares_20260703Performance shares outstanding

90000000 performance shares

2026-07-03
rpm_drilling_planPlanned growth and discovery drilling

70000 m over 12 months

2026-07-07
rpm_cashUnaudited cash

13700000 AUD

2026-06-30
edleston_indicated_ozEdleston indicated resource

400200 oz Au

2023-01-19
edleston_inferred_ozEdleston inferred resource

1099800 oz Au

2023-01-19
paris_mre_2026_total_ozJuly 2026 global Paris resource

351000 oz Au

2026-07-07
paris_mre_indicated_ozParis project indicated resource

147000 oz Au

2026-07-07
paris_mre_inferred_ozParis project inferred resource

203000 oz Au

2026-07-07
cash_20260630Cash on hand

13600000 AUD

2026-06-30
exploration_spend_20260630Quarterly exploration and evaluation expenditure

4200000 AUD

2026-06-30
net_operating_investing_use_20260630Quarterly net operating and investing cash use

4900000 AUD

2026-06-30
eis_grants_2026Approved exploration grant package

287530 AUD

2026-06-30
paris_optimisation_price_2026Resource pit-shell optimisation gold price

5150 AUD/oz Au

2026-07-07
cash_exact_20260630Cash and cash equivalents at 30 June 2026

13559000 AUD

2026-06-30
runway_exact_20260630Estimated quarters of funding available

2.77 quarters

2026-06-30
hhh_26hrc135HHH drill intercept 26HRC135

11.0m at 456 g/t Au from 122m, including 1m at 3,625 g/t metres and g/t Au

2026-08-26
hhh_true_widthHHH intercept true width

not yet determined status

2026-08-26
ritz_renameFlagship project name

Ritz Gold Project, formerly Paris Gold Project name

2026-08-26
hhh_followupHHH and Observation follow-up

two rigs operating; assays pending status

2026-08-26
rrs_mre_q1_2027Next Ritz resource update

Q1 2027 company guidance

2026-09-09
rrs_rpm_allocationDiscovery allocation of drilling effort

more than half share of drilling effort

2026-09-09
rrs_recoveryPreliminary Paris fresh-rock recovery

96 percent

2026-09-09
rrs_maynardsMaynards corridor drilling

rig active status

2026-09-09
fy26_audit_warning_secondaryReported annual-report funding warning

auditor-highlighted material uncertainty over going concern secondary account

2026-09-25
morgans_toll_hypothesisHistorical toll-treatment thesis

Nearby mills may create capital-light processing optionality; no agreement established research view

2025-10-20
reference_close_20260925TOR ordinary-share raw close

0.185 AUD/share

2026-09-25
reference_volume_20260925TOR trading volume

1363062 shares

2026-09-25
reference_security_20260925Security basis

one ASX TOR ordinary share security

2026-09-25
reference_provider_20260925Source provider

market data provider via miners.collect_stock_prices provider

2026-09-25
Conflicts requiring judgment3
  • paris_gold_project.global_mineral_resource

    The 7 July 2026 estimate reported in the latest quarterly supersedes the September 2024 estimate.

  • cash_and_cash_equivalents

    The 30 June 2026 quarterly cash balance is the latest company-reported balance before cutoff.

  • ordinary_shares_outstanding

    The 3 July 2026 Appendix 3G is the latest pre-cutoff security notice and confirms the unchanged 624,928,499 ordinary-share balance.