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Victory Goldfields Limited ( (AU:VTM) ) just unveiled an update.
Victory Metals Limited has reported significant advancements in its North Stanmore Project, including a 29.5% increase in contained tonnage and the discovery of high-grade Dysprosium from a clay-hosted system. The company has also produced the first known Mixed Rare Earth Oxide from an Australian clay-hosted project and identified multiple ultra-high Heavy Rare Earth Oxide zones. A Letter of Intent with Sumitomo Corporation and approval from the U.S. Government’s System for Award Management position Victory Metals strategically for future collaborations. The company has secured $11.5 million in funding and a $250,000 research grant, with available cash of approximately $15.1 million as of September 2025.
More about Victory Goldfields Limited
Victory Metals Limited operates in the mining industry, focusing on the extraction and production of rare earth elements. The company is primarily engaged in developing the North Stanmore Project in Western Australia, which targets the supply of critical minerals essential for high-growth industries such as renewable energy, electric vehicles, and defense.
Average Trading Volume: 516,367
Technical Sentiment Signal: Buy
Current Market Cap: A$136M
Learn more about VTM stock on TipRanks’ Stock Analysis page.