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The latest announcement is out from Viridis Mining and Minerals Limited ( (AU:VMM) ).
Viridis Mining and Minerals Limited has retracted its previous statement regarding a 40-year life of mine for its Colossus project, as there is no reasonable basis for such a claim. The company confirms that the mine schedule remains unchanged from the Pre-Feasibility Study, and advises investors not to rely on the retracted information for investment decisions.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$1.60 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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects that include the extraction and processing of minerals, with a particular emphasis on ore reserves.
Average Trading Volume: 853,828
Technical Sentiment Signal: Buy
Current Market Cap: A$130.1M
Learn more about VMM stock on TipRanks’ Stock Analysis page.