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The latest update is out from VBX Limited ( (AU:VBX) ).
VBX Limited reports promising assay results from its first-ever exploration drilling at the Wuudagu D plateau, revealing a consistently thicker and higher-grade bauxite profile compared to previous deposits. The discoveries are outside the current resource estimates, indicating strong operational and cost advantages, and signify potential growth in resource confidence and scale as further drilling progresses.
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 an Australian exploration and mining company focused on bauxite resources. The company is actively developing the Wuudagu bauxite project situated in northern Western Australia, aiming to strengthen its position within the bauxite mining sector.
Average Trading Volume: 73,098
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$44.05M
For a thorough assessment of VBX stock, go to TipRanks’ Stock Analysis page.