tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Robex Resources Advances Kiniero Project and Announces Merger

Story Highlights
Robex Resources Advances Kiniero Project and Announces Merger

Meet Your ETF AI Analyst

Robex Resources ( (TSE:RBX) ) has shared an update.

Robex Resources Inc. reported significant progress in the September 2025 quarter, including a merger with Predictive Discovery to form a stronger mid-tier West African gold producer. The company accelerated the expiry of its 2024 warrants, raising C$148.2M, and amended its senior facility with Sprott to unlock US$90 million for the Kiniero Gold Project. Mining operations have commenced at Kiniero, with construction on track for the first gold pour in Q4 2025. The Nampala Gold Mine in Mali continues to operate efficiently, producing 9,774 ounces of gold in the quarter.

The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$4.50 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’ stock score is primarily influenced by its financial struggles, particularly in profitability and cash flow management. However, the technical analysis shows positive momentum, which provides some optimism. The valuation is weak due to negative earnings and lack of dividends.

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 that owns the Nampala Gold Mine in Mali and is advancing the Kiniero Gold Project in Guinea. The company is focused on expanding its operations in the gold mining industry, with a market presence in multiple stock exchanges including TSX-V, ASX, OTC, and Börse Frankfurt.

Average Trading Volume: 61,585

Technical Sentiment Signal: Buy

Current Market Cap: C$1.07B

Find detailed analytics on RBX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1