Vimy Resources Limited, a resource development company, explores and evaluates uranium properties in Australia.
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Vimy Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VMY's share price has been volatile over the past 3 months.
7 Day Return
AU Oil and Gas
1 Year Return
AU Oil and Gas
Return vs Industry: VMY underperformed the Australian Oil and Gas industry which returned -48.2% over the past year.
Return vs Market: VMY underperformed the Australian Market which returned -22.8% over the past year.
Price Volatility Vs. Market
How volatile is Vimy Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDid Vimy Resources Limited (ASX:VMY) Insiders Sell Shares?
2 years ago | Simply Wall StCan Vimy Resources Limited (ASX:VMY) Improve Your Portfolio Returns?
2 years ago | Simply Wall StDoes Vimy Resources Limited's (ASX:VMY) Stock-Based Salary Match Market Standards?
Is Vimy Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VMY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VMY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VMY is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: VMY is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VMY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VMY is overvalued based on its PB Ratio (2.9x) compared to the AU Oil and Gas industry average (0.7x).
How is Vimy Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vimy Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Vimy Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Vimy Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has Vimy Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VMY is currently unprofitable.
Growing Profit Margin: VMY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VMY is unprofitable, but has reduced losses over the past 5 years at a rate of 7.8% per year.
Accelerating Growth: Unable to compare VMY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VMY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16%).
Return on Equity
High ROE: VMY has a negative Return on Equity (-114.72%), as it is currently unprofitable.
How is Vimy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: VMY's short term assets (A$4.7M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: VMY's short term assets (A$4.7M) exceed its long term liabilities (A$4.7M).
Debt to Equity History and Analysis
Debt Level: VMY is debt free.
Reducing Debt: VMY had no debt 5 years ago.
Inventory Level: VMY has a high level of physical assets or inventory.
Debt Coverage by Assets: VMY's debt is not covered by short term assets (assets are -8.5462414213608E+16x debt).
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.
Stable Cash Runway: VMY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VMY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Vimy Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VMY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VMY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VMY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VMY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VMY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Young (58yo)
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 Minera ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD274.14K) is about average for companies of similar size in the Australian market ($USD242.11K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||6.08yrs||AU$446.96k||0.80% A$117.7k|
|CFO & Company Secretary||1yr||AU$247.66k||no data|
|Chief Nuclear Officer||no data||AU$107.62k||0.35% A$51.4k|
|Vice President of Sales & Marketing||2.08yrs||no data||no data|
|General Manager of Geology & Exploration||10.08yrs||no data||no data|
Experienced Management: VMY's management team is considered experienced (4.1 years average tenure).
|MD, CEO & Director||6.08yrs||AU$446.96k||0.80% A$117.7k|
|Non-Executive Director||1.08yrs||AU$435.80k||0.45% A$66.4k|
|Independent Non-Executive Chairman||5.83yrs||AU$88.70k||0.14% A$20.6k|
|Independent Non-Executive Director||7.67yrs||AU$39.42k||no data|
Experienced Board: VMY's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 29.9%.
Vimy Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Vimy Resources Limited
- Ticker: VMY
- Exchange: ASX
- Founded: 2006
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: AU$14.724m
- Shares outstanding: 613.51m
- Website: https://www.vimyresources.com.au
- Vimy Resources Limited
- 1209 Hay Street
- First Floor, Level 1
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VMY||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jul 1994|
|VMY||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jul 1994|
Vimy Resources Limited, a resource development company, explores and evaluates uranium properties in Australia. The company's flagship property is the Mulga Rock project 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 10:39|
|End of Day Share Price||2020/03/27 00:00|
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.