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.
Viridis Mining and Minerals Limited ( (AU:VMM) ) has issued an announcement.
Viridis Mining and Minerals Limited announced significant advancements in its Colossus Rare Earth Project during the quarter ending September 2025. The company completed a Pre-Feasibility Study, revealing strong project economics with a pre-tax NPV of up to US $1.41 billion. Additionally, Viridis secured strategic partnerships and funding, including a Memorandum of Understanding with Brazilian asset managers and a AU $11.5 million placement to enhance its financial position. The company also expanded its land holdings and advanced environmental permitting, positioning itself as a leading player in the rare earth industry.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$3.34 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 company operating in the mining industry, focusing on the exploration and development of rare earth elements. Their primary project, the Colossus Rare Earth Project, is located in Brazil and aims to establish a significant presence in the global rare earth market.
Average Trading Volume: 1,037,704
Technical Sentiment Signal: Buy
Current Market Cap: A$166.2M
See more data about VMM stock on TipRanks’ Stock Analysis page.