Victory Goldfields Limited engages in the exploration and development of gold projects in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.21|
|52 Week High||AU$0.18|
|52 Week Low||AU$0.36|
|1 Month Change||-16.00%|
|3 Month Change||2.44%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-4.55%|
Recent News & Updates
|1VG||AU Metals and Mining||AU Market|
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.
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
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
|1VG fundamental statistics|
Is 1VG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1VG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0062|
|Net Profit Margin||0.00%|
How did 1VG perform over the long term?See historical performance and comparison
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.
How is Victory Goldfields forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Victory Goldfields performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Victory Goldfields has no CEO, or we have no data on them.
Experienced Management: 1VG's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
Experienced Board: 1VG's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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: 1VG only recently listed within the past 12 months.
Victory Goldfields Limited's employee growth, exchange listings and data sources
- 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
- Victory Goldfields Limited
- 108 St Georges Terrace
- Level 25
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:17|
|End of Day Share Price||2021/10/21 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.