Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Venus Metals Corporation Limited ( (AU:VMC) ) has issued an announcement.
Venus Metals Corporation Limited has launched a formal strategic review of its Western Australian asset portfolio, appointing amicaa Advisors as financial adviser to examine options to optimise its exploration and development holdings and maximise shareholder value. The review comes as construction at the Youanmi Gold Project, over which Venus holds a 1% royalty valued at about $40 million and a $30 million shareholding in Rox Resources, is expected to start in 2026 subject to final investment approval, and against the backdrop of an on-market takeover offer from QGold that the board deems highly opportunistic and below the company’s underlying value, signalling a defensive move to crystallise and better highlight the worth of its diversified asset base.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
More about Venus Metals Corporation Limited
Venus Metals Corporation Limited is an Australian exploration and development company focused on a broad portfolio of gold, copper, base metals, lithium, titanium and vanadium projects in Western Australia. The company also holds a 1% royalty over the Youanmi Gold Mine and is a significant shareholder in Rox Resources Limited, giving it exposure to both upstream exploration and downstream project development in the state’s resource sector.
Average Trading Volume: 710,537
Technical Sentiment Signal: Buy
Current Market Cap: A$42.48M
See more insights into VMC stock on TipRanks’ Stock Analysis page.