Victory Mines Limited engages in the exploration and development of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.0025|
|52 Week High||AU$0.001|
|52 Week Low||AU$0.004|
|1 Month Change||25.00%|
|3 Month Change||0%|
|1 Year Change||-37.50%|
|3 Year Change||n/a|
|5 Year Change||-91.67%|
|Change since IPO||-99.84%|
Recent News & Updates
Read This Before Selling Victory Mines Limited (ASX:VIC) Shares
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
|VIC||AU Metals and Mining||AU Market|
Return vs Industry: VIC underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: VIC underperformed the Australian Market which returned 21.1% over the past year.
Stable Share Price: VIC is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 58% a week.
Volatility Over Time: VIC's weekly volatility has increased from 43% to 58% over the past year.
About the Company
Victory Mines Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, nickel, lead, zinc, silver, cobalt, and copper deposits. It holds interests in the Coogee Gold project located in Kalgoorlie; the Bonaparte project in Kimberley region; the Malamute and Husky project in New South Wales; the Copper Mountain project in Newman; and the Galah Well and Peperill Hill projects in Goldfields.
Victory Mines Fundamentals Summary
|VIC fundamental statistics|
Is VIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VIC income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00008|
|Net Profit Margin||-3,199.90%|
How did VIC perform over the long term?See historical performance and comparison
Is Victory Mines 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 VIC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VIC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VIC is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: VIC 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 VIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VIC is overvalued based on its PB Ratio (3.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Victory Mines 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 Mines 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 Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIC is currently unprofitable.
Growing Profit Margin: VIC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VIC is unprofitable, but has reduced losses over the past 5 years at a rate of 10.7% per year.
Accelerating Growth: Unable to compare VIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VIC 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: VIC has a negative Return on Equity (-13.28%), as it is currently unprofitable.
How is Victory Mines's financial position?
Financial Position Analysis
Short Term Liabilities: VIC's short term assets (A$1.1M) exceed its short term liabilities (A$391.8K).
Long Term Liabilities: VIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VIC is debt free.
Reducing Debt: VIC has no debt compared to 5 years ago when its debt to equity ratio was 11.7%.
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: VIC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VIC has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.2% each year.
What is Victory Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VIC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VIC'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 VIC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VIC'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 VIC'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 board tenure
Victory Mines has no CEO, or we have no data on them.
Experienced Board: VIC's board of directors are not considered experienced ( 1.1 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.8%.
Victory Mines Limited's employee growth, exchange listings and data sources
- Name: Victory Mines Limited
- Ticker: VIC
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$16.426m
- Shares outstanding: 6.57b
- Website: https://www.victorymines.com
- Victory Mines Limited
- BGC Centre
- Ground Floor
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:19|
|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.