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Robex Resources ( (TSE:RBX) ) just unveiled an announcement.
Robex Resources Inc is on track to achieve its first gold pour at the Kiniero Gold Project in Guinea by the fourth quarter of 2025. The construction is progressing well, with significant advancements in various components such as the process plant, power station, and tailings storage facility. The project has maintained a strong safety record with no lost time injuries and is currently on schedule and budget. The ongoing drilling at the Sabali pit is nearing completion, with results expected soon, which could impact the project’s operational planning and stakeholder expectations.
The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$3.00 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 faces significant challenges in profitability and cash flow, impacting its financial performance score. Technical indicators suggest bearish momentum, and valuation metrics highlight concerns with a negative P/E ratio. These factors collectively result in a lower overall stock 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, primarily focused on the exploration and development of gold mining projects. The company operates in the gold mining industry, with a significant project underway at the Kiniero Gold Project in Guinea, West Africa.
Average Trading Volume: 42,757
Technical Sentiment Signal: Buy
Current Market Cap: C$628.2M
Find detailed analytics on RBX stock on TipRanks’ Stock Analysis page.