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The latest update is out from Rox Resources Limited ( (AU:RXL) ).
Rox Resources Limited has received final regulatory approvals for underground mining at its Youanmi Gold Project, marking a significant milestone towards production. The company is set to commence underground mining imminently, with Byrnecut Australia mobilizing to the site. Permitting for the processing plant is advancing, with approvals expected in early 2026, positioning Rox as a future high-grade gold producer in Western Australia.
The most recent analyst rating on (AU:RXL) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on Rox Resources Limited stock, see the AU:RXL Stock Forecast page.
More about Rox Resources Limited
Rox Resources Limited is a gold exploration and development company based in Western Australia. The company focuses on the Youanmi Gold Project, aiming to establish it as a high-grade, long-life gold operation.
Average Trading Volume: 1,993,183
Current Market Cap: A$382.6M
See more insights into RXL stock on TipRanks’ Stock Analysis page.