Vault Minerals Expected to Produce Over 356,000 Ounces of Gold in Fiscal 2026, Says Euroz Hartleys; Shares Down 5%

MT Newswires Live09-23

Vault Minerals (ASX:VAU) is expected to produce 356,100 ounces of gold at AU$2,778 per ounce all-in-sustaining cost for fiscal year 2026, said Euroz Hartleys after the company posted its guidance.

The company on Monday said that its gold production for fiscal year 2026 is forecast to be between 322,000 ounces and 360,000 ounces at an all-in sustaining cost of AU$2,650 per ounce to AU$2,850 per ounce, with higher consolidated gold production expected for fiscal year 2027 and fiscal year 2028.

The research firm noted that the exploration budget of AU$30 million is expected to be largely focused on Leonora, with some 116,000 meters of resource definition planned, with significant programs proposed for two underground mines, along with regional activity.

Euroz Hartleys has maintained a buy rating on Vault Minerals with a price target of AU$0.74, down from AU$0.75.

The company's shares fell 5% in recent Tuesday trade.

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