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Viridis Mining and Minerals Limited ( (AU:VMM) ) has issued an update.
Viridis Mining and Minerals has appointed US-based investment banking veteran Marcus Silberman as a non-executive director, replacing retiring director Faheem Ahmed, in a move designed to bolster its governance and capital markets capabilities. Silberman brings nearly three decades of global equity financing and M&A experience, including extensive mining and natural resources advisory work in Latin America and Brazil, aligning closely with Viridis’ Colossus rare earths project. His arrival coincides with a critical execution phase for the company, following the granting of an environmental preliminary licence and completion of an export credit agency-led project debt framework, as Viridis advances towards a final investment decision in the second half of 2026 and intensifies negotiations with strategic equity and offtake partners.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
More about Viridis Mining and Minerals Limited
Viridis Mining and Minerals Limited is a resource exploration and development company with projects in Brazil, Canada and Australia. Its portfolio includes the Colossus rare earths project, which has an ore reserve estimate following a pre-feasibility study, the South Kitikmeot and Boddington West projects targeting gold, the Bindoon project prospective for nickel, copper and platinum group elements, and the Poochera and Smoky projects prospective for kaolin-halloysite.
Average Trading Volume: 995,547
Technical Sentiment Signal: Buy
Current Market Cap: A$209.6M
Find detailed analytics on VMM stock on TipRanks’ Stock Analysis page.