Vertex Minerals Ltd.
0.09
AUD
+0.00
(-1.05%)
Vertex Minerals Ltd.
ASX:VTX
(Australian Securities Exchange)
Recent
price
0.09
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Vertex Minerals Limited (ASX:VTX) is an Australian-based gold exploration and development company focused on advancing high-grade gold projects in New South Wales and Western Australia. The company explores and develops gold deposits at its flagship Hill End Gold Project, including the high-grade Reward gold mine with a JORC resource of 419,000 tonnes at 16.72g/t Au for 225,200oz Au, Red Hill and Hawkins Hill mines; Hargraves Gold Project; and Pride of Elvire and Taylors Rock projects targeting maiden JORC resources for gold, nickel, and lithium, employing environmentally sustainable gravity separation processing without cyanide at its permitted Hill End plant. Incorporated in 2021 and headquartered in Hill End, New South Wales, Vertex Minerals operates primarily in the Eastern Lachlan Fold Belt and Eastern Goldfields regions, serving stakeholders through resource expansion, metallurgical testing, and direct shipping ore opportunities. Recent developments include a A$11 million capital raising in 2025 to accelerate underground mining at Hill End by July 2025 with installation of a Tomra ore sorter and gravity gold plant; acquisition of a Boart Longyear LM90 underground drill rig in October 2024 to expand exploration below the Reward resource, Fosters target, and South Star prospect; and commencement of ore production using airleg gallery, shrink stoping, and longhole stoping methods supported by an Aramine 350D loader.