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
An announcement from VBX Limited ( (AU:VBX) ) is now available.
VBX Limited has announced the completion of infill drilling at the Wuudagu B deposit, receiving assay results from 128 holes that align with previous resource estimates. These results are expected to enhance the confidence in the Wuudagu B resource estimate, facilitating its inclusion in the mine plan for the Wuudagu Definitive Feasibility Study. The proximity of Wuudagu B to the proposed barge loading facility offers logistical advantages, potentially reducing initial haul road lengths and improving project feasibility.
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 operating in the mining industry, focusing on the exploration and development of bauxite resources. The company is engaged in advancing the Wuudagu bauxite project in northern Western Australia, which includes the Wuudagu B and CNN deposits.
Average Trading Volume: 66,522
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$36.36M
For detailed information about VBX stock, go to TipRanks’ Stock Analysis page.