Market Cap: $91.6M
VL
Victory Metals Limited
VTM.AX
ASX (Australian Securities Exchange)AUD
Market Cap: $91.6M
We were already bullish on Victory Metals. After the North Stanmore PFS — A$1.21 billion post-tax NPV, 240% post-tax IRR and a A$155 million build cost backed by a 47Mt Probable Ore Reserve — we are considerably more so. Price target raised to A$5.20 from A$3.50, BUY reiterated.
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Victory Metals sits at the intersection of defence, electrification, and critical mineral security. Its North Stanmore project could become a key Western source of heavy rare earths.
Victory Metals (ASX: VTM) says its 100%-owned North Stanmore Heavy Rare Earth Project in Western Australia has been included in the Australian Government’s Critical Minerals Prospectus, an Austrade-ad…
Victory Metals Limited has secured a mining lease covering almost 2,006 hectares at its North Stanmore Heavy Rare Earth Project in Western Australia, clearing a significant tenure milestone as the com…
Victory Metals Limited is set to join the S&P/ASX All Ordinaries Index, giving the rare earths developer a broader place in Australia’s equity-market benchmarks as it advances the North Stanmore proje…
Victory Metals has presented a substantial development case for its North Stanmore heavy rare earth project near Cue in Western Australia, reporting a maiden Ore Reserve Estimate, an updated Mineral R…
