Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from VBX Limited ( (AU:VBX) ).
VBX Limited has announced the results of infill drilling at the Wuudagu CNN deposit, which are consistent with previous estimates and aim to increase the confidence in the resource estimate for the Wuudagu Definitive Feasibility Study (DFS). The results from 28 holes show significant levels of Al2O3 and SiO2, supporting the company’s strategy to expand the resource inventory and integrate it into the mine plan, potentially impacting its operational and market positioning positively.
The most recent analyst rating on (AU:VBX) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on VBX Limited stock, see the AU:VBX Stock Forecast page.
More about VBX Limited
VBX Limited is a company involved in the mining industry, focusing on the development of bauxite projects in northern Western Australia. The company is working on the Wuudagu bauxite project, which is situated on a bauxitic plateau and aims to enhance its mineral resource estimates.
Average Trading Volume: 66,411
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$33.24M
See more data about VBX stock on TipRanks’ Stock Analysis page.