TRE Shares Toubani Resources Limited
ASX · ASXLast in our picks 2026-10-26 — not in the current list; analysis below is from that screen
West African gold development offers substantial valuation leverage, but carries elevated project and jurisdiction risk.
Signal breakdown
- ▸Canaccord reiterated Buy despite reduced target
- ▾Below 50-day MA (-10.52%)
- ▸Volume 4.49× average — accumulation
- ▾Near 52-week low (8.5% of range)
Is TRE a buy right now?
Trend: TRE is trading below the 50-day average (-10.00%), RSI 53 — neutral momentum, with a 3-month return of +5.88%.
Valuation & quality: Toubani Resources Limited trades on price-to-book 1.42; fundamentals show net margin 0.0%, return on equity -57.1%, revenue growth 4030.0% year on year.
Analyst consensus: 1 analysts have a mean 12-month price target of A$1.00 (+270.4% vs the last close; range A$1.00 – A$1.00), consensus rating “strong buy”.
Our screen: BUY (score 3) — West African gold development offers substantial valuation leverage, but carries elevated project and jurisdiction risk.
Computed from end-of-day data; not personal advice.
Our track record with TRE
First flagged in our daily picks as BUY on 2026-10-26 at $0.27 — +1.1% since.
Paper trades from our simulated funds at real end-of-day prices; past results don't predict future returns.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +0.00% | -8.50% | -4.70% | -4.90% | -33.30% | +19.20% | +0.00% | -12.90% |
Fundamentals
Analyst price target
Technical signals
About Toubani Resources Limited
Toubani Resources Limited engages in the exploration and development of properties in West Africa. The company primarily explores for gold deposits. It focuses on the Kobada Gold project located in Southern Mali. The company was incorporated in 2002 and is based in West Perth, Australia.
Sector: Basic Materials · Industry: Gold · Australia · Website
Related Materials picks
Browse: all ASX stocks · Materials picks · today's movers
Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.