Vimy Resources Limited, a resource development company, explores for and evaluates uranium projects in Australia.
Vimy Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.28|
|52 Week High||AU$0.03|
|52 Week Low||AU$0.31|
|1 Month Change||35.71%|
|3 Month Change||159.09%|
|1 Year Change||691.67%|
|3 Year Change||270.13%|
|5 Year Change||9.62%|
|Change since IPO||-93.21%|
Recent News & Updates
We Think Vimy Resources (ASX:VMY) Can Afford To Drive Business Growth
There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, Vimy Resources...
|VMY||AU Oil and Gas||AU Market|
Return vs Industry: VMY exceeded the Australian Oil and Gas industry which returned 48.7% over the past year.
Return vs Market: VMY exceeded the Australian Market which returned 20.2% over the past year.
Stable Share Price: VMY is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 20% a week.
Volatility Over Time: VMY's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Vimy Resources Limited, a resource development company, explores for and evaluates uranium projects in Australia. The company's flagship property is the 100% owned Mulga Rock project located to the east-northeast of the Kalgoorlie in Western Australia. It also holds 100% interest in the Alligator River project located in Alligator River uranium district, Northern Territory.
Vimy Resources Fundamentals Summary
|VMY fundamental statistics|
Is VMY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VMY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0066|
|Net Profit Margin||0.00%|
How did VMY perform over the long term?See historical performance and comparison
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 Australian 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 (10.5x) compared to the AU Oil and Gas industry average (2.5x).
How is Vimy Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VMY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VMY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VMY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if VMY's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: VMY is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VMY is forecast to be unprofitable in 3 years.
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 20% 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 (-50.5%).
Return on Equity
High ROE: VMY has a negative Return on Equity (-24.07%), as it is currently unprofitable.
How is Vimy Resources's financial position?
Financial Position Analysis
Short Term Liabilities: VMY's short term assets (A$24.4M) exceed its short term liabilities (A$1.1M).
Long Term Liabilities: VMY's short term assets (A$24.4M) exceed its long term liabilities (A$1.3M).
Debt to Equity History and Analysis
Debt Level: VMY is debt free.
Reducing Debt: VMY 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.
Stable Cash Runway: VMY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VMY has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 8.8% each year.
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 recent payouts.
High Dividend: Unable to evaluate VMY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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
Steven Michael (47 yo)
Mr. Steven Michael, B.Com, CA, MAICD, has been Interim Chief Executive Officer at Vimy Resources Limited since August 2021. Mr. Michael serves as the Non-Executive Director of Tanga Resources Limited since...
Experienced Management: VMY's management team is considered experienced (2.6 years average tenure).
Experienced Board: VMY's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VMY 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 34.4%.
Vimy Resources Limited's 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$308.706m
- Shares outstanding: 1.05b
- Website: https://www.vimyresources.com.au
- Vimy Resources Limited
- 1209 Hay Street
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 07:05|
|End of Day Share Price||2021/10/20 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.