1VG

Victory GoldfieldsASX:1VG Stock Report

Market Cap

AU$9.9m

7D

-6.7%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
1VG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

1VG Overview

Victory Goldfields Limited engages in the exploration and development of gold projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Victory Goldfields
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$0.18
52 Week LowAU$0.36
Beta0
1 Month Change-16.00%
3 Month Change2.44%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-4.55%

Recent News & Updates

Shareholder Returns

1VGAU Metals and MiningAU Market
7D-6.7%-0.3%0.7%
1Yn/a12.5%21.4%

Return vs Industry: Insufficient data to determine how 1VG performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how 1VG performed against the Australian Market.

Price Volatility

Is 1VG's price volatile compared to industry and market?
1VG volatility
1VG Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: 1VG is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: Insufficient data to determine 1VG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.victorygoldfields.com.au

Victory Goldfields Limited engages in the exploration and development of gold projects in Australia. The company holds interest in the Cue goldfields comprising 46 tenements with an area of approximately 7,520 hectares located in Western Australia. The company was formerly known as Hughes Drilling Limited and changed its name to Victory Goldfields Limited in July 2021.

Victory Goldfields Fundamentals Summary

How do Victory Goldfields's earnings and revenue compare to its market cap?
1VG fundamental statistics
Market CapAU$9.88m
Earnings (TTM)-AU$290.32k
Revenue (TTM)n/a

0x

P/S Ratio

-34.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1VG income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$290.32k
Earnings-AU$290.32k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0062
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did 1VG perform over the long term?

See historical performance and comparison

Valuation

Is Victory Goldfields undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Victory Goldfields is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Victory Goldfields has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Victory Goldfields forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

Forecasted Materials 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 Victory Goldfields 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.


Past Performance

How has Victory Goldfields performed over the past 5 years?

-7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1VG is currently unprofitable.

Growing Profit Margin: 1VG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1VG is unprofitable, and losses have increased over the past 5 years at a rate of 7.1% per year.

Accelerating Growth: Unable to compare 1VG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1VG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: 1VG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Victory Goldfields's financial position?


Financial Position Analysis

Short Term Liabilities: 1VG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 1VG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1VG is debt free.

Reducing Debt: 1VG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 1VG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1VG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Victory Goldfields's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1VG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1VG'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 1VG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1VG'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 1VG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.2yrs

Average management tenure


CEO

Victory Goldfields has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 1VG's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1VG's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: 1VG only recently listed within the past 12 months.


Top Shareholders

Company Information

Victory Goldfields Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Victory Goldfields Limited
  • Ticker: 1VG
  • Exchange: ASX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$9.877m
  • Shares outstanding: 47.03m
  • Website: https://www.victorygoldfields.com.au

Location

  • Victory Goldfields Limited
  • 108 St Georges Terrace
  • Level 25
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:17
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.