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An announcement from Red 5 Limited ( (AU:VAU) ) is now available.
Vault Minerals Limited reported significant achievements in the December 2024 quarter, including a quarterly gold production of 97,924 ounces and sales of 96,899 ounces at an AISC of A$2,269 per ounce. The company is advancing its Leonora strategy with an $80 million investment to expand the King of the Hills Processing Facility to 6.0 mtpa, expected to complete by Q4 FY26. Vault is also undertaking development in the Deflector region and progressing with the Sugar Zone site amendments with First Nations consultations completed. The company’s strong cash flow generation supports these developments, while FY25 guidance narrows with anticipated gold sales of 390,000 – 410,000 ounces.
More about Red 5 Limited
Vault Minerals Limited operates in the gold mining industry with operations across regions like Mount Monger, Deflector, and Leonora. The company focuses on gold production and exploration, aiming to enhance its processing capabilities and operational competitiveness.
YTD Price Performance: 10.61%
Average Trading Volume: 18,092,267
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$2.48B
For detailed information about VAU stock, go to TipRanks’ Stock Analysis page.
