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Vimy Resources

ASX:VMY
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VMY
ASX
A$31M
Market Cap
  1. Home
  2. AU
  3. Energy
Company description

Vimy Resources Limited, a resource development company, explores and evaluates uranium properties in Australia. The last earnings update was 38 days ago. More info.


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VMY Share Price and Events
7 Day Returns
-8.6%
ASX:VMY
0.8%
AU Oil and Gas
-0%
AU Market
1 Year Returns
-55.9%
ASX:VMY
3.8%
AU Oil and Gas
4.9%
AU Market
VMY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vimy Resources (VMY) -8.6% -4.5% 25.5% -55.9% -83.2% -80.1%
AU Oil and Gas 0.8% -0.9% 5.6% 3.8% 30.5% -32%
AU Market -0% 1.4% 6.5% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • VMY underperformed the Oil and Gas industry which returned 3.8% over the past year.
  • VMY underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
VMY
Industry
5yr Volatility vs Market

VMY Value

 Is Vimy Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Vimy Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.064.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Vimy Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vimy Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:VMY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.02
ASX:VMY Share Price ** ASX (2019-04-18) in AUD A$0.06
Australia Oil and Gas Industry PE Ratio Median Figure of 23 Publicly-Listed Oil and Gas Companies 7.92x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vimy Resources.

ASX:VMY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:VMY Share Price ÷ EPS (both in AUD)

= 0.06 ÷ -0.02

-2.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vimy Resources is loss making, we can't compare its value to the AU Oil and Gas industry average.
  • Vimy Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Vimy Resources's expected growth come at a high price?
Raw Data
ASX:VMY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
20.4%per year
Australia Oil and Gas Industry PEG Ratio Median Figure of 17 Publicly-Listed Oil and Gas Companies 0.24x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Vimy Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vimy Resources's assets?
Raw Data
ASX:VMY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:VMY Share Price * ASX (2019-04-18) in AUD A$0.06
Australia Oil and Gas Industry PB Ratio Median Figure of 145 Publicly-Listed Oil and Gas Companies 1.31x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:VMY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:VMY Share Price ÷ Book Value per Share (both in AUD)

= 0.06 ÷ 0.01

6.75x

* Primary Listing of Vimy Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vimy Resources is overvalued based on assets compared to the AU Oil and Gas industry average.
X
Value checks
We assess Vimy Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Vimy Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

VMY Future Performance

 How is Vimy Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vimy Resources expected to grow at an attractive rate?
  • Unable to compare Vimy Resources's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Vimy Resources's earnings growth to the Australia market average as it is expected to be loss making during the next 1-3 years.
  • Unable to compare Vimy Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:VMY Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:VMY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 20.4%
Australia Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 4.2%
Australia Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:VMY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:VMY Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 0 -5 -5 1
2020-06-30 0 -5 -5 1
2019-06-30 0 -5 -5 1
ASX:VMY Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -10 -10
2018-09-30 -9 -10
2018-06-30 -9 -10
2018-03-31 -8 -9
2017-12-31 -6 -8
2017-09-30 -10 -10
2017-06-30 -13 -12
2017-03-31 -16 -15
2016-12-31 -20 -18
2016-09-30 -19 -15
2016-06-30 -19 -12
2016-03-31 -16 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vimy Resources is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Unable to determine if Vimy Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:VMY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Vimy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VMY Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 -0.01 -0.01 -0.01 1.00
2020-06-30 -0.01 -0.01 -0.01 1.00
2019-06-30 -0.01 -0.01 -0.01 1.00
ASX:VMY Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.03
2017-12-31 -0.03
2017-09-30 -0.03
2017-06-30 -0.04
2017-03-31 -0.06
2016-12-31 -0.07
2016-09-30 -0.06
2016-06-30 -0.05
2016-03-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Vimy Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vimy Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Vimy Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

VMY Past Performance

  How has Vimy Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Vimy Resources's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Vimy Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Vimy Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Vimy Resources's 1-year growth to the AU Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Vimy Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Vimy Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VMY Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -9.57 9.76
2018-09-30 -9.56 9.84
2018-06-30 -9.55 9.93
2018-03-31 -9.01 10.67
2017-12-31 -8.47 11.41
2017-09-30 -9.99 14.86
2017-06-30 -11.50 18.31
2017-03-31 -14.69 20.54
2016-12-31 -17.87 22.78
2016-09-30 -14.91 22.96
2016-06-30 -11.96 23.14
2016-03-31 -8.82 19.49
2015-12-31 -5.68 15.84
2015-09-30 -8.20 14.04
2015-06-30 -10.73 12.24
2015-03-31 0.01 -10.99 11.91
2014-12-31 0.02 -11.25 11.58
2014-09-30 0.03 -9.78 8.52
2014-06-30 0.03 -8.30 5.47
2014-03-31 0.05 -9.07 5.53
2013-12-31 0.07 -9.83 5.59
2013-09-30 0.07 -12.59 5.99
2013-06-30 0.07 -15.34 6.39
2013-03-31 0.20 -14.81 6.56
2012-12-31 0.33 -14.29 6.73
2012-09-30 0.33 -10.75 6.48
2012-06-30 0.33 -7.22 6.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Vimy Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Vimy Resources has efficiently used its assets last year compared to the AU Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Vimy Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Vimy Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Vimy Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

VMY Health

 How is Vimy Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Vimy Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vimy Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vimy Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Vimy Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Vimy Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Vimy Resources Company Filings, last reported 3 months ago.

ASX:VMY Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4.61 0.00 3.63
2018-09-30 4.61 0.00 3.63
2018-06-30 6.48 0.00 6.73
2018-03-31 6.48 0.00 6.73
2017-12-31 5.57 0.00 7.28
2017-09-30 5.57 0.00 7.28
2017-06-30 4.63 0.00 5.08
2017-03-31 4.63 0.00 5.08
2016-12-31 -1.17 10.00 8.17
2016-09-30 -1.17 10.00 8.17
2016-06-30 -5.30 7.50 4.57
2016-03-31 -5.30 7.50 4.57
2015-12-31 4.34 0.00 7.13
2015-09-30 4.34 0.00 7.13
2015-06-30 5.75 0.00 6.45
2015-03-31 5.75 0.00 6.45
2014-12-31 5.58 0.00 6.37
2014-09-30 5.58 0.00 6.37
2014-06-30 -24.64 24.67 0.54
2014-03-31 -24.64 24.67 0.54
2013-12-31 -20.15 20.87 0.74
2013-09-30 -20.15 20.87 0.74
2013-06-30 -16.19 18.09 1.91
2013-03-31 -16.19 18.09 1.91
2012-12-31 -11.78 15.35 3.39
2012-09-30 -11.78 15.35 3.39
2012-06-30 -3.29 8.82 5.61
  • Vimy Resources has no debt.
  • Vimy Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Vimy Resources has less than a year of cash runway based on current free cash flow.
  • Vimy Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.2% each year.
X
Financial health checks
We assess Vimy Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Vimy Resources has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

VMY Dividends

 What is Vimy Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Vimy Resources dividends. Estimated to be 0% next year.
If you bought A$2,000 of Vimy Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Vimy Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vimy Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:VMY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Australia Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:VMY Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Vimy Resources has not reported any payouts.
  • Unable to verify if Vimy Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vimy Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vimy Resources has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Vimy Resources's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess Vimy Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Vimy Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vimy Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

VMY Management

 What is the CEO of Vimy Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Young
COMPENSATION A$575,794
AGE 57
TENURE AS CEO 5.2 years
CEO Bio

Mr. Michael Charles Young, also known as Mike, BSc (Hon), MAusIMM, MAIG, MSEG,MAICD, has been the Chief Executive Officer and Managing Director of Vimy Resources Limited (alternative name Energy and Minerals Australia Limited) since February 13, 2014. Mr. Young served as the Managing Director of BC Iron Limited until May 10, 2013. Mr. Young has worked in mining industry for 20 years. He migrated to Australia in 1985, where he worked at the Great Victoria Gold Mine at Marvel Loch. He then contracted to several companies including; City Resources and CRA before joined Dominion Mining Limited in 1992. At Dominion, he headed the team responsible for resource delineation at several mines as well as for pegging the Abednego nickel and Just-in-Case gold tenements for Dominion. He then focused on resource modelling joined Mining and Resource Technology (later Golder Associates). He carried out geological modelling of dozens of resource projects for a variety of commodities including Kanbalda style nickel deposits. He joined Cazaly Resources as Exploration Manager in November 2003. Mr. Young has been the Non Executive Chairman of Cassini Resources Limited since January 09, 2012. He served as the Chairman of Vimy Resources Limited from April 17, 2013 to April 2014. He was Non Executive Director of CYCLIQ Group Limited since February 9, 2017 until January 23, 2019. He has been Non Executive Director of Ascot Resources Limited since June 12, 2015. He has been Non executive director of Cassini Resources Limited since March 10, 2011. He has been an Executive Director of Vimy Resources Limited (alternative name Energy and Minerals Australia Limited) from April 17, 2013. He served as a Non-Executive Director at BC Iron Limited from May 10, 2013 to November 26, 2014 and served as its Executive Director from October 11, 2006 to May 10, 2013. He served as a Non-Executive Director of Waratah Resources Limited from February 4, 2011 to January 6, 2012. He served as founding Executive Director of Bannerman Resources Limited. He is co- patron of the St Bartholomew's House Foundation. He is a Chartered Professional (Geology) and member of the AusIMM and the AIG. He is a member of the Australian Institute of Geoscientists, the Australasian Institute of Mining and Metallurgy and a member of the Society of Economic Geologists. He is a geologist. Mr. Young holds a Bachelor of Science (Honours) degree in Geological Sciences from Queens University, Canada.

CEO Compensation
  • Mike's compensation has been consistent with company performance over the past year.
  • Mike's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Vimy Resources management team in years:

3.2
Average Tenure
  • The tenure for the Vimy Resources management team is about average.
Management Team

Mike Young

TITLE
MD, CEO & Director
COMPENSATION
A$576K
AGE
57
TENURE
5.2 yrs

Julian Tapp

TITLE
Chief Nuclear Officer
COMPENSATION
A$363K

Marcel Hilmer

TITLE
CFO & Company Secretary
TENURE
0.1 yrs

Scott Hyman

TITLE
Vice President of Sales & Marketing
TENURE
1.2 yrs

Xavier Moreau

TITLE
General Manager of Geology & Exploration
TENURE
9.2 yrs
Board of Directors Tenure

Average tenure and age of the Vimy Resources board of directors in years:

4.9
Average Tenure
62
Average Age
  • The tenure for the Vimy Resources board of directors is about average.
Board of Directors

Chery Edwardes

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$99K
AGE
68
TENURE
4.9 yrs

Mike Young

TITLE
MD, CEO & Director
COMPENSATION
A$576K
AGE
57
TENURE
6 yrs

David Cornell

TITLE
Non-Executive Director
COMPENSATION
A$44K
TENURE
6.8 yrs

Tony Chamberlain

TITLE
Non-Executive Director
COMPENSATION
A$415K
TENURE
0.2 yrs

Mal Scott James

TITLE
Non-Executive Director
COMPENSATION
A$44K
AGE
62
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
21. Nov 18 Sell Resource Capital Funds Company 09. Nov 18 19. Nov 18 -64,827,770 A$0.07 A$-3,379,911
09. Nov 18 Sell Resource Capital Funds Company 16. Aug 18 08. Nov 18 -6,800,294 A$0.10 A$-586,843
23. Aug 18 Sell Resource Capital Funds Company 17. Aug 18 22. Aug 18 -10,357,006 A$0.10 A$-1,032,638
14. Aug 18 Sell Resource Capital Funds Company 08. Aug 18 14. Aug 18 -10,527,114 A$0.11 A$-1,078,099
02. Jul 18 Buy Michael Young Individual 29. Jun 18 29. Jun 18 300,000 A$0.09 A$27,000
12. Jun 18 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 06. Jun 18 06. Jun 18 -27,438,582 A$0.11 A$-3,018,233
08. Jun 18 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 30. May 18 05. Jun 18 -8,491,418 A$0.12 A$-916,894
11. May 18 Buy Macquarie Group, Ltd., Banking & Securities Investments Company 27. Apr 18 27. Apr 18 352,401 A$0.10 A$35,240
X
Management checks
We assess Vimy Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Vimy Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

VMY News

Simply Wall St News

VMY Company Info

Description

Vimy Resources Limited, a resource development company, explores and evaluates uranium properties in Australia. The company's primary property is the Mulga Rock project covering an area of approximately 757km2 located to the east-northeast of the Kalgoorlie in Western Australia. It also holds interest in the Alligator River project located in Arnhem Land, Northern Territory. The company was formerly known as Energy and Minerals Australia Limited and changed its name to Vimy Resources Limited in December 2014. Vimy Resources Limited was founded in 2006 and is based in West Perth, Australia.

Details
Name: Vimy Resources Limited
VMY
Exchange: ASX
Founded: 2006
A$31,019,002
484,671,912
Website: http://www.vimyresources.com.au
Address: Vimy Resources Limited
Tenancy Three,
First Floor,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX VMY Ordinary Shares Australian Securities Exchange AU AUD 12. Jul 1994
CHIA VMY Ordinary Shares Chi-X Australia AU AUD 12. Jul 1994
Number of employees
Current staff
Staff numbers
0
Vimy Resources employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 10:34
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/02/06
Last earnings filing: 2019/03/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.