Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Victory Goldfields Limited ( (AU:VTM) ) just unveiled an announcement.
Victory Metals Limited has strengthened its cash position by securing $751,909 in refundable tax offsets for research and development activities at its North Stanmore Heavy Rare Earth Element project. This financial boost will provide the company with increased flexibility to advance its project development activities, reinforcing its strategic position within the rare earth elements industry and potentially benefiting stakeholders through enhanced operational capabilities.
More about Victory Goldfields Limited
Victory Metals Limited is focused on the exploration and development of its North Stanmore Heavy Rare Earth Element (REE) and critical minerals project in the Cue Region of Western Australia. The company recently announced a Mineral Resource Estimate confirming the project as Australia’s largest indicated heavy rare earth element resource, emphasizing high levels of valuable magnet metals such as Dysprosium and Terbium.
YTD Price Performance: 3.75%
Average Trading Volume: 132,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$45.03M
For an in-depth examination of VTM stock, go to TipRanks’ Stock Analysis page.
