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The latest update is out from Astro Resources NL ( (AU:VMS) ).
Venari Minerals will hold a live investor and shareholder webinar on 5 February 2026 to discuss the maiden Mineral Resource Estimate for its Red Mountain Lithium Project in Nevada. The newly reported Inferred Mineral Resource stands at 500 million tonnes at 1,139ppm lithium for 3.03 million tonnes of lithium carbonate equivalent, including a particularly high-grade northern zone, marking a significant step in defining the project’s scale and grade and shaping the company’s next phase of exploration and project development planning.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
More about Astro Resources NL
Venari Minerals NL is an ASX-listed exploration company focused on lithium resources, with its key asset being the Red Mountain Lithium Project in central-eastern Nevada, USA. The project targets lithium-bearing tertiary lacustrine sedimentary rocks, a geological setting that elsewhere in Nevada hosts large lithium deposits such as Ioneer’s Rhyolite Ridge, underscoring Venari’s strategic positioning in the North American battery metals sector.
Average Trading Volume: 148,719
Technical Sentiment Signal: Buy
Current Market Cap: A$26.91M
See more insights into VMS stock on TipRanks’ Stock Analysis page.