Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Red 5 Limited ( (AU:VAU) ) has shared an update.
Vault Minerals Limited has reported promising exploration results from its Leonora and Sugar Zone sites. At Leonora, underground drilling has identified potential extensions to current mining areas, suggesting an opportunity to extend peak production periods at the King of the Hills facility. The results have also opened new exploration opportunities in underexplored areas, indicating potential mineral resource growth. At the Sugar Zone, surface drilling continues to intersect high-grade gold mineralization, with significant results along a 5km strike. These findings could enhance Vault’s operational capabilities and strengthen its market position in the gold mining sector.
The most recent analyst rating on (AU:VAU) stock is a Buy with a A$0.55 price target. To see the full list of analyst forecasts on Red 5 Limited stock, see the AU:VAU Stock Forecast page.
More about Red 5 Limited
Vault Minerals Limited is a company operating in the mining industry, focusing on gold exploration and production. The company is involved in underground and surface drilling activities at its Leonora and Sugar Zone sites, aiming to extend production periods and discover new mineral resources.
Average Trading Volume: 36,502,973
Technical Sentiment Signal: Sell
Current Market Cap: A$2.52B
See more data about VAU stock on TipRanks’ Stock Analysis page.