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Vertex Minerals Ltd. ( (AU:VTX) ) has issued an update.
Vertex Minerals Ltd. has announced significant progress in its operations at the Reward Gold Mine, with gold grades increasing by 183% since the last update. The company expects further improvements in gold grades and production levels, with planned gold sales for November 2025 anticipated to exceed 150 ounces. The installation of a tele-remote capable loader is underway, enhancing operational capabilities. Despite previous concerns, the mine does not have significant water issues, and the water present is effectively managed and utilized in the plant.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
More about Vertex Minerals Ltd.
Vertex Minerals Ltd. operates in the mining industry, focusing on the extraction and production of gold. The company is involved in developing and expanding its mining operations, particularly at the Reward Gold Mine, with a focus on increasing gold production and improving operational efficiency.
Average Trading Volume: 1,416,453
Technical Sentiment Signal: Sell
Current Market Cap: A$63.03M
See more data about VTX stock on TipRanks’ Stock Analysis page.