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The latest update is out from Robex Resources ( (TSE:RBX) ).
Robex Resources Inc announced that its Kiniero Gold Project in Guinea is on track and within budget to achieve its first gold pour by the fourth quarter of 2025. The project has maintained a strong safety record with no lost time injuries and has progressed significantly in construction and development activities, including the commencement of mining operations and nearing completion of major components of the process plant. The company is poised for a successful commissioning phase and subsequent ramp-up to full production, which is expected to enhance its market position and operational capabilities.
The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.50 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 faces significant challenges in profitability and cash flow, which are reflected in its negative P/E ratio and low financial performance score. Technical indicators suggest neutral momentum, but the lack of earnings call data and corporate events limits further insights. The stock’s valuation remains unattractive due to ongoing financial difficulties.
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, focusing on gold mining projects, with its operations centered in Guinea, West Africa.
Average Trading Volume: 54,535
Technical Sentiment Signal: Buy
Current Market Cap: C$1B
Learn more about RBX stock on TipRanks’ Stock Analysis page.