Toro Energy Ltd - Company Profile
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Toro Energy Ltd (Toro) conducts the exploration and development of uranium deposits. Liquidity position, strong reserves and resources and project portfolio are its major strengths, even as the history of operating losses continued to be an area of concern. Growing global production of Uranium, the short-term economic outlook of Australia and an increase in Nickel prices are likely to provide growth opportunities for the company. However, fluctuations in metal prices, intense competition, and the risk of non-acceptance by the public may impact the company’s performance in the near future.
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