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Vertex Minerals Ltd. ( (AU:VTX) ) has issued an update.
Vertex Minerals Ltd. has announced an update on its Reward Gold Mine operations, highlighting recent achievements and ongoing challenges. The company has generated $197,000 in gold sales over the past week and is working on overcoming delays in its production ramp-up due to rehabilitation and equipment issues. Efforts to mitigate these challenges include mobilizing additional resources and commencing development on new veins, with a focus on maintaining safety and best practices.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
More about Vertex Minerals Ltd.
Vertex Minerals Ltd. operates in the mining industry, focusing on the exploration and production of gold. The company is dedicated to implementing best practices in underground mining and aims to expand its mineral resources and ore reserves.
Average Trading Volume: 1,402,266
Technical Sentiment Signal: Sell
Current Market Cap: A$58.74M
Find detailed analytics on VTX stock on TipRanks’ Stock Analysis page.