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Vault Minerals posts cash surge as Leonora upgrades drive growth and payouts

Story Highlights
  • Vault Minerals delivered strong March quarter gold output and cash flow, supported by solid production across its Western Australian operations and completion of key plant upgrades at Leonora.
  • The company strengthened its high-yield profile with a large jump in free cash flow, ongoing KoTH expansion, exploration-led mine life extensions, and enhanced shareholder returns via dividends and buybacks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vault Minerals posts cash surge as Leonora upgrades drive growth and payouts

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The latest announcement is out from Vault Minerals Limited ( (AU:VAU) ).

Vault Minerals reported March quarter gold production of 78,578 ounces and sales of 77,707 ounces at an average realised price of A$6,987 per ounce and all-in sustaining costs of A$3,006, keeping the company on track to meet its FY26 production and cost guidance. Operational highlights included solid outputs from Mount Monger and the Deflector region, a performance uplift at the Deflector underground mine under owner-operator control, and 43,349 ounces produced at Leonora, where the first stage of the King of the Hills plant upgrade was completed, delivering higher throughput during ramp-up.

The miner generated underlying free cash flow of A$229 million in the quarter, a sharp increase helped by its first unhedged period and ongoing investment at Leonora and Deflector, and ended the quarter with A$728 million in cash and bullion. Vault advanced growth initiatives such as the Stage 2 KoTH plant expansion targeting a ~50% throughput increase and longer mine life at Leonora, studied a low-capital restart of the Darlot mill, and reinforced its high-yield positioning via a maiden interim dividend, an active share buyback, and assurances over fuel supply resilience for its operations.

The most recent analyst rating on (AU:VAU) stock is a Buy with a A$6.30 price target. To see the full list of analyst forecasts on Vault Minerals Limited stock, see the AU:VAU Stock Forecast page.

More about Vault Minerals Limited

Vault Minerals Limited is an Australian mid-cap gold producer listed on the ASX, operating multiple gold mining hubs including Mount Monger, the Deflector region and Leonora in Western Australia. The company focuses on growing low-cost, long-life production while maintaining strong free cash flow and capital returns to shareholders through dividends and share buybacks.

Average Trading Volume: 6,033,649

Technical Sentiment Signal: Buy

Current Market Cap: A$4.83B

See more data about VAU stock on TipRanks’ Stock Analysis page.

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