Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Belararox Ltd. ( (AU:BRX) ) has provided an update.
Belararox Limited has completed an $8.5 million two-tranche placement, with the second tranche approved at its 2025 AGM, to accelerate copper-focused exploration across its asset base, particularly at the TMT Project in Argentina. The company has already commenced drilling at TMT, where it has identified multiple promising targets in a largely unexplored area between major metallogenic belts, a step that underscores its push to build scale in copper and other energy-transition metals and could be significant for investors seeking exposure to future-facing resource development.
The most recent analyst rating on (AU:BRX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Belararox Ltd. stock, see the AU:BRX Stock Forecast page.
More about Belararox Ltd.
Belararox Limited is an ASX-listed mineral exploration company focused on securing and developing copper, gold, silver and zinc resources to meet rising demand from technology, battery and renewable energy markets. Its portfolio includes the TMT copper-gold project in Argentina’s San Juan Province, a recent copper-focused acquisition in Botswana’s Kalahari Copper Belt, the Belara zinc-copper project in New South Wales, and the Bullabulling gold project in Western Australia, held under option to Minerals 260.
Average Trading Volume: 547,590
Technical Sentiment Signal: Hold
Current Market Cap: A$22.65M
For a thorough assessment of BRX stock, go to TipRanks’ Stock Analysis page.