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Robex Resources ( (TSE:RBX) ) has provided an announcement.
Robex Resources has poured first gold on schedule and within budget at its Kiniéro Gold Project in Guinea, marking the completion of a 17‑month construction phase that logged nearly 5 million work hours without a lost time injury and confirming plant recoveries in line with feasibility expectations. The mine’s ramp-up is progressing smoothly, with open‑pit mining underway at the South Sabali starter pit, commercial production targeted for early 2026, and Kiniéro becoming Robex’s second producing asset alongside Nampala; combined with an exclusive option to buy back the Mansounia royalties and the planned merger with Predictive Discovery, the company is positioning itself as a leading West African gold producer with the potential to build a 400,000‑ounce‑per‑year regional mining hub in Guinea.
The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$5.00 price target. To see the full list of analyst forecasts on Robex Resources stock, see the TSE:RBX Stock Forecast page.
Spark’s Take on TSE:RBX Stock
According to Spark, TipRanks’ AI Analyst, TSE:RBX is a Neutral.
Robex Resources’ overall stock score is primarily influenced by its mixed financial performance and technical analysis. The company faces significant profitability and cash flow challenges, which are critical concerns. However, the technical indicators suggest some positive short-term momentum. The valuation is a concern due to the negative P/E ratio and lack of dividend yield, which lowers its attractiveness. The absence of earnings call and corporate events data means these factors did not influence the score.
To see Spark’s full report on TSE:RBX stock, click here.
More about Robex Resources
Robex Resources Inc. is a West African gold producer and developer listed on the ASX and TSX-V, operating the Nampala mine in Mali and now the Kiniéro Gold Project in Guinea. The company is focused on building a multi-mine gold platform in West Africa, targeting mid-tier producer status through organic growth and strategic transactions, including a proposed merger with Predictive Discovery to create a tier-1 gold mining hub in Guinea.
Average Trading Volume: 76,691
Technical Sentiment Signal: Buy
Current Market Cap: C$1.24B
See more insights into RBX stock on TipRanks’ Stock Analysis page.