• Like
  • Comment
  • Favorite

Vault Minerals Settles Remaining Gold Hedge Positions

MT Newswires Live06-26

Vault Minerals (ASX:VAU) settled all of its remaining 10,233 ounces scheduled for delivery in the first quarter of fiscal 2027 at an average contracted price of AU$2,797 per ounce for AU$31.2 million, according to a Friday filing with the Australian bourse.

The settlement was fully funded from the company's cash reserves of AU$728 million, with no dilution to shareholders, the filing said.

Shares rose nearly 2% in midday trade Friday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24