Vault Minerals (ASX:VAU) is now forecast to report fiscal year 2026 revenue of AU$1.94 billion, underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of AU$1.02 billion, underlying net profit after tax of AU$551 million, and reported net profit after tax of AU$294 million, Jarden said in a Wednesday note.
It forecast production to be slightly second-half-weighted in fiscal year 2027, with the mill commissioning providing a significant increase to throughput at Leonora.
It lifted its forecast fiscal year 2027 group all-in sustaining costs by around 11% to around AU$3,238 per ounce, from around AU$2,917 per ounce, on increases to sustaining capital expenditure, operating cost assumptions, and a reduction to its group production forecast.
The investment firm retained a neutral rating on Vault with a price target of AU$5.20 per share.