2338 GMT - Canaccord Genuity is slightly less bullish about Vault Minerals' prospects in FY 2026. Vault aims to provide annual guidance alongside its production report for the September quarter. Canaccord, however, cuts its gold-production forecast by 3% to 354,000 oz while lifting its estimate for all-in sustaining costs by 7% to A$2,608/oz. The revisions reflect lower production and higher costs from Vault's Deflector operation, including from a new mining services agreement pegged at higher rates. Canaccord retains a buy call and A$0.75/share price target on Vault, which ended Tuesday at A$0.38. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
July 29, 2025 19:38 ET (23:38 GMT)
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