Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Robex Resources ( (TSE:RBX) ) has provided an update.
Robex Resources has obtained a final order from the Québec Superior Court approving its planned merger with Predictive Discovery Limited, a deal under which a Predictive subsidiary will acquire all outstanding Robex shares via a statutory plan of arrangement. The transaction, which received overwhelming support from Robex shareholders at a special meeting on 30 December 2025, is now pending final consents from the governments of Guinea and Mali and other customary closing conditions, with completion targeted for the first quarter of 2026, positioning the combined group to consolidate its presence in West African gold mining once finalized.
The most recent analyst rating on (TSE:RBX) stock is a Hold with a C$5.00 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’ overall stock score is primarily influenced by its mixed financial performance and technical analysis. The company faces significant profitability and cash flow challenges, which are critical concerns. However, the technical indicators suggest some positive short-term momentum. The valuation is a concern due to the negative P/E ratio and lack of dividend yield, which lowers its attractiveness. The absence of earnings call and corporate events data means these factors did not influence the score.
To see Spark’s full report on TSE:RBX stock, click here.
More about Robex Resources
Robex Resources Inc. is a Canadian gold mining company listed on the TSX Venture Exchange and the ASX, headquartered in Quebec City. Its key assets are the Nampala gold mine in Mali and the Kiniero gold project in Guinea, giving the group a production and development footprint in West Africa’s gold sector.
Average Trading Volume: 82,998
Technical Sentiment Signal: Buy
Current Market Cap: C$1.49B
For an in-depth examination of RBX stock, go to TipRanks’ Overview page.