company background image
VKA

Viking MinesASX:VKA Stock Report

Market Cap

AU$21.4m

7D

0%

1Y

16.7%

Updated

26 Oct, 2021

Data

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

VKA Overview

Viking Mines Limited operates as a mineral exploration company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Viking Mines
Historical stock prices
Current Share PriceAU$0.021
52 Week HighAU$0.015
52 Week LowAU$0.055
Beta1.76
1 Month Change31.25%
3 Month Change-4.55%
1 Year Change16.67%
3 Year Change23.53%
5 Year Change10.53%
Change since IPO-92.36%

Recent News & Updates

Shareholder Returns

VKAAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y16.7%15.6%24.4%

Return vs Industry: VKA underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: VKA underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is VKA's price volatile compared to industry and market?
VKA volatility
VKA Beta1.76
Industry Beta0.97
Market Beta1

Stable Share Price: VKA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: VKA's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/aJulian Woodcockhttps://www.vikingmines.com

Viking Mines Limited operates as a mineral exploration company in Australia. Its flagship project is the First Hit gold property located in the Eastern Goldfields of Western Australia. The company was formerly known as Viking Ashanti Limited.

Viking Mines Fundamentals Summary

How do Viking Mines's earnings and revenue compare to its market cap?
VKA fundamental statistics
Market CapAU$21.45m
Earnings (TTM)-AU$4.66m
Revenue (TTM)AU$152.38k

150.0x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VKA income statement (TTM)
RevenueAU$152.38k
Cost of RevenueAU$0
Gross ProfitAU$152.38k
ExpensesAU$4.81m
Earnings-AU$4.66m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0046
Gross Margin100.00%
Net Profit Margin-3,057.33%
Debt/Equity Ratio0%

How did VKA perform over the long term?

See historical performance and comparison

Valuation

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

2.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VKA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VKA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: VKA is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: VKA 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 VKA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VKA is overvalued based on its PB Ratio (2.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Viking 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 Viking Mines performed over the past 5 years?

-1.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VKA is currently unprofitable.

Growing Profit Margin: VKA is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: VKA 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: VKA has a negative Return on Equity (-69.22%), as it is currently unprofitable.


Financial Health

How is Viking Mines's financial position?


Financial Position Analysis

Short Term Liabilities: VKA's short term assets (A$3.4M) exceed its short term liabilities (A$855.6K).

Long Term Liabilities: VKA's short term assets (A$3.4M) exceed its long term liabilities (A$138.1K).


Debt to Equity History and Analysis

Debt Level: VKA is debt free.

Reducing Debt: VKA had no debt 5 years ago.


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: VKA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VKA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.8% each year


Dividend

What is Viking Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if VKA'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 VKA'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?

0.3yrs

Average board tenure


CEO

Julian Woodcock (42 yo)

0.75

Tenure

AU$292,880

Compensation

Mr. Julian Woodcock serves as the Chief Executive Officer at Viking Mines Limited since joined it on January 4, 2021 and serves as its Managing Director & Executive Director since April 22, 2021. Mr. Woodc...


CEO Compensation Analysis

Compensation vs Market: Julian's total compensation ($USD219.55K) is about average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Insufficient data to compare Julian's compensation with company performance.


Board Members

Experienced Board: VKA'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: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 225.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Viking Mines Limited
  • Ticker: VKA
  • Exchange: ASX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$21.446m
  • Shares outstanding: 1.02b
  • Website: https://www.vikingmines.com

Location

  • Viking Mines Limited
  • 15-17 Old Aberdeen Place
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:26
End of Day Share Price2021/10/26 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.