Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from Viridis Mining and Minerals Limited ( (AU:VMM) ) is now available.
Viridis Mining and Minerals Limited has completed a Pre-Feasibility Study (PFS) for its Colossus Project, highlighting its potential as a leading rare earth development in South America. The study reveals robust project economics, with a pre-tax NPV8 of approximately US $1.41 billion based on a conservative 20-year Life of Mine and a base case NdPr price assumption of $90/kg. The project demonstrates financial resilience and efficiency, with low-cost operations and a high-value product mix, positioning Viridis for a global leadership role in the rare earth market.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$1.45 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 extraction and development of rare earth elements. The company is strategically positioned to play a significant role in the Western market, with a particular emphasis on rare earth projects.
Average Trading Volume: 474,570
Technical Sentiment Signal: Buy
Current Market Cap: A$44.4M
Learn more about VMM stock on TipRanks’ Stock Analysis page.