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The latest update is out from Robex Resources ( (TSE:RBX) ).
Robex Resources Inc. has successfully delivered the first ore to its Kiniéro mill in Guinea, marking a significant milestone in the commissioning of its processing plant. The project is progressing as planned, with the first gold pour expected in December 2025 and a ramp-up to commercial production targeted for the first quarter of 2026. This advancement is a crucial step towards Robex’s goal of becoming a mid-tier gold producer in West Africa, enhancing its industry positioning and offering promising implications for stakeholders.
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 score is driven by positive corporate events and technical analysis, offset by weak financial performance and valuation. The merger and project developments are significant positives, while profitability and cash flow challenges remain key risks.
To see Spark’s full report on TSE:RBX stock, click here.
More about Robex Resources
Robex Resources Inc. is a gold producer and developer operating in West Africa. The company focuses on advancing its gold projects, primarily aiming to become a mid-tier gold producer in the region.
Average Trading Volume: 67,737
Technical Sentiment Signal: Buy
Current Market Cap: C$1.14B
Find detailed analytics on RBX stock on TipRanks’ Stock Analysis page.