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Robex Resources ( (TSE:RBX) ) has provided an announcement.
Robex Resources Inc announced amendments to its US$130 million senior secured facility with Sprott Resource Lending, enhancing its funding flexibility for the Kiniéro Gold Project. The revised terms allow Robex to access US$90 million of the remaining facility without needing the Mansounia Exploitation Permits, reflecting strong relations with Sprott and confidence in the project. This development is crucial for Robex as it progresses towards its first gold pour in December 2025, potentially impacting its market positioning and shareholder value.
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 the development of gold projects such as the Kiniéro Gold Project in Guinea.
Average Trading Volume: 43,616
Technical Sentiment Signal: Buy
Current Market Cap: C$694.3M
See more data about RBX stock on TipRanks’ Stock Analysis page.