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The latest update is out from Robex Resources ( (TSE:RBX) ).
Robex Resources reported a strong start to 2025, with significant progress in the construction of the Kiniero project in Guinea, which is on track for first gold production in Q4 2025. The company secured a US$130 million senior debt facility and raised AUD$120 million through its ASX listing to support the project’s development. Despite a slight decline in gold production and sales in Q1 2025, Robex achieved a 26% increase in gold sales revenue compared to the same period in 2024, driven by a higher average realized gold price.
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’ stock is rated favorably due to strong technical indicators and positive corporate developments, such as the successful ASX IPO and progress on the Kiniero Gold Project. However, challenges in profitability and valuation metrics temper the overall score.
To see Spark’s full report on TSE:RBX stock, click here.
More about Robex Resources
Robex Resources Inc. operates in the mining industry, focusing on gold production and development projects. The company is advancing its Kiniero project in Guinea and is listed on both the TSX Venture Exchange and the Australian Securities Exchange.
Average Trading Volume: 45,506
Technical Sentiment Signal: Buy
Current Market Cap: C$517.2M
For a thorough assessment of RBX stock, go to TipRanks’ Stock Analysis page.