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Robex Resources ( (TSE:RBX) ) has shared an update.
Robex Resources Inc announced that the construction of its Kiniero Gold Project in Guinea is progressing on schedule and within budget, with the first gold pour expected in the fourth quarter of 2025. The project has achieved significant milestones, such as the completion of engineering and design, ongoing grade control drilling, and the commencement of structural, mechanical, and piping works. The company has also secured necessary contracts and materials, ensuring the project’s timely advancement. This development positions Robex to enhance its market presence and deliver value to stakeholders by meeting its operational targets.
The most recent analyst rating on (TSE:RBX) stock is a Buy with a C$3.75 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’ score is driven by strong corporate events and positive stock momentum. However, profitability challenges and valuation concerns moderately weigh on the overall score. The recent IPO and project financing are significant positives.
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, primarily focused on the exploration and development of gold mining projects. The company is listed on multiple stock exchanges, including ASX, TSX-V, OTC, and Börse Frankfurt, and aims to deliver shareholder value through its projects, including Kiniero and Nampala.
Average Trading Volume: 59,046
Technical Sentiment Signal: Buy
Current Market Cap: C$600.1M
See more data about RBX stock on TipRanks’ Stock Analysis page.