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VIC

Victory MinesASX:VIC Stock Report

Market Cap

AU$16.4m

7D

25.0%

1Y

-37.5%

Updated

21 Oct, 2021

Data

Company Financials
VIC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

VIC Overview

Victory Mines Limited engages in the exploration and development of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Victory Mines
Historical stock prices
Current Share PriceAU$0.0025
52 Week HighAU$0.001
52 Week LowAU$0.004
Beta-0.21
1 Month Change25.00%
3 Month Change0%
1 Year Change-37.50%
3 Year Changen/a
5 Year Change-91.67%
Change since IPO-99.84%

Recent News & Updates

Jan 20
Read This Before Selling Victory Mines Limited (ASX:VIC) Shares

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...

Shareholder Returns

VICAU Metals and MiningAU Market
7D25.0%1.8%1.5%
1Y-37.5%11.3%21.1%

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.

Price Volatility

Is VIC's price volatile compared to industry and market?
VIC volatility
VIC Beta-0.21
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
n/an/an/ahttps://www.victorymines.com

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

How do Victory Mines's earnings and revenue compare to its market cap?
VIC fundamental statistics
Market CapAU$16.43m
Earnings (TTM)-AU$639.98k
Revenue (TTM)AU$20.00k

0x

P/S Ratio

-27.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIC income statement (TTM)
RevenueAU$20.00k
Cost of RevenueAU$0
Gross ProfitAU$20.00k
ExpensesAU$659.98k
Earnings-AU$639.98k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00008
Gross Margin100.00%
Net Profit Margin-3,199.90%
Debt/Equity Ratio0.0%

How did VIC perform over the long term?

See historical performance and comparison

Valuation

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

3.42x

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).


Future Growth

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

0.03%

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.


Past Performance

How has Victory Mines performed over the past 5 years?

10.7%

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.


Financial Health

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%.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

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

1.1yrs

Average board tenure


CEO

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


Board Members

Experienced Board: VIC's board of directors are not considered experienced ( 1.1 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 48.8%.


Top Shareholders

Company Information

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


Key Information

  • 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

Location

  • Victory Mines Limited
  • BGC Centre
  • Ground Floor
  • 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 18:19
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.