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Viking Mines

ASX:VKA
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VKA
ASX
A$3M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Viking Mines Limited explores for, develops, and mines mineral deposits in West Africa. The last earnings update was 43 days ago. More info.


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VKA Share Price and Events
7 Day Returns
22.2%
ASX:VKA
-0.6%
AU Metals and Mining
1.7%
AU Market
1 Year Returns
-69.4%
ASX:VKA
10.4%
AU Metals and Mining
5.9%
AU Market
VKA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Viking Mines (VKA) 22.2% 22.2% -8.3% -69.4% -47.6% -77.6%
AU Metals and Mining -0.6% 1.1% 14% 10.4% 76.1% 9.2%
AU Market 1.7% 4% 8.6% 5.9% 21.4% 7.4%
1 Year Return vs Industry and Market
  • VKA underperformed the Metals and Mining industry which returned 10.4% over the past year.
  • VKA underperformed the Market in Australia which returned 5.9% over the past year.
Price Volatility
VKA
Industry
5yr Volatility vs Market

Value

 Is Viking Mines undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Viking Mines. This is due to cash flow or dividend data being unavailable. The share price is A$0.011.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Viking Mines's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Viking Mines's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:VKA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:VKA Share Price ** ASX (2019-04-24) in AUD A$0.01
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.32x
Australia Market PE Ratio Median Figure of 543 Publicly-Listed Companies 16.28x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Viking Mines.

ASX:VKA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:VKA Share Price ÷ EPS (both in AUD)

= 0.01 ÷ 0.00

-3.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Viking Mines is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Viking Mines is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Viking Mines's expected growth come at a high price?
Raw Data
ASX:VKA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 0.67x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Viking Mines, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Viking Mines's assets?
Raw Data
ASX:VKA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.01
ASX:VKA Share Price * ASX (2019-04-24) in AUD A$0.01
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.52x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.66x
ASX:VKA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:VKA Share Price ÷ Book Value per Share (both in AUD)

= 0.01 ÷ 0.01

0.92x

* Primary Listing of Viking Mines.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Viking Mines is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Viking Mines's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Viking Mines has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Viking Mines expected to grow at an attractive rate?
  • Unable to compare Viking Mines's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Viking Mines's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Viking Mines's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:VKA Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.2%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.8%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:VKA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:VKA Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 1 -1 0
2018-06-30 3 -1 2
2018-03-31 3 -1 1
2017-12-31 3 -1 -1
2017-09-30 2 -1 -2
2017-06-30 0 -1 -3
2017-03-31 -1 -2 -3
2016-12-31 -2 -2 -3
2016-09-30 -1 -2 -2
2016-06-30 -1 -1
2016-03-31 1 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Viking Mines is high growth as no earnings estimate data is available.
  • Unable to determine if Viking Mines is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:VKA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Viking Mines Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VKA Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Viking Mines will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Viking Mines's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Viking Mines's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Viking Mines's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Viking Mines's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Viking Mines has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Viking Mines performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Viking Mines's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Viking Mines does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Viking Mines's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Viking Mines's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Viking Mines's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Viking Mines Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VKA Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.10 -0.92 0.92
2018-09-30 1.45 0.39 0.90
2018-06-30 2.79 1.69 0.88
2018-03-31 2.98 0.57 1.12
2017-12-31 3.17 -0.55 1.37
2017-09-30 1.78 -2.02 1.31
2017-06-30 0.39 -3.48 1.25
2017-03-31 -0.60 -3.08 0.91
2016-12-31 -1.58 -2.68 0.57
2016-09-30 -0.79 -1.74 0.58
2016-06-30 -0.79 0.58
2016-03-31 0.74 -0.26 0.62
2015-12-31 1.49 0.28 0.66
2015-09-30 0.74 -0.91 0.88
2015-06-30 -2.09 1.11
2015-03-31 0.05 -1.84 1.00
2014-12-31 0.10 -1.58 0.90
2014-09-30 0.05 -1.16 0.64
2014-06-30 -0.73 0.39
2014-03-31 -0.01 -2.49 0.51
2013-12-31 -0.01 -4.26 0.63
2013-09-30 -0.01 -4.59 1.03
2013-06-30 -4.92 1.42
2013-03-31 -0.04 -3.80 2.05
2012-12-31 -0.08 -2.68 2.67
2012-09-30 -0.04 -3.13 3.15
2012-06-30 -3.59 3.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Viking Mines has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Viking Mines has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Viking Mines improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Viking Mines's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Viking Mines has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Viking Mines's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Viking Mines's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Viking Mines is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Viking Mines has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Viking Mines's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Viking Mines has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Viking Mines Company Filings, last reported 3 months ago.

ASX:VKA Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.00 0.00 2.82
2018-09-30 3.00 0.00 2.82
2018-06-30 3.18 0.00 3.09
2018-03-31 3.18 0.00 3.09
2017-12-31 3.88 0.00 3.68
2017-09-30 3.88 0.00 3.68
2017-06-30 2.00 0.00 2.06
2017-03-31 2.00 0.00 2.06
2016-12-31 5.05 0.00 1.56
2016-09-30 5.05 0.00 1.56
2016-06-30 4.49 0.00 1.31
2016-03-31 4.49 0.00 1.31
2015-12-31 6.47 0.00 1.26
2015-09-30 6.47 0.00 1.26
2015-06-30 5.33 0.12 0.30
2015-03-31 5.33 0.12 0.30
2014-12-31 6.30 0.00 0.24
2014-09-30 6.30 0.00 0.24
2014-06-30 3.01 0.30 0.03
2014-03-31 3.01 0.30 0.03
2013-12-31 3.43 0.20 0.85
2013-09-30 3.43 0.20 0.85
2013-06-30 3.13 0.00 0.24
2013-03-31 3.13 0.00 0.24
2012-12-31 6.60 0.00 0.69
2012-09-30 6.60 0.00 0.69
2012-06-30 6.43 0.00 0.53
  • Viking Mines has no debt.
  • Viking Mines has no debt compared to 5 years ago when it was 5.9%.
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.

  • Viking Mines has sufficient cash runway for 2.6 years based on current free cash flow.
  • Viking Mines has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 19.1% each year.
X
Financial health checks
We assess Viking Mines's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Viking Mines has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Viking Mines dividends.
If you bought A$2,000 of Viking Mines shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Viking Mines's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Viking Mines's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:VKA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 3.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.5%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Viking Mines has not reported any payouts.
  • Unable to verify if Viking Mines's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Viking Mines's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Viking Mines has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Viking Mines's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Viking Mines afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Viking Mines has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Viking Mines's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Viking Mines has no CEO, or we have no data on them.
Management Team

Ray Whitten

TITLE
Executive Chairman
COMPENSATION
A$94K
AGE
70

Dean Jagger

TITLE
Company Secretary
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure of the Viking Mines board of directors in years:

1.4
Average Tenure
  • The average tenure for the Viking Mines board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ray Whitten

TITLE
Executive Chairman
COMPENSATION
A$94K
AGE
70
TENURE
1.4 yrs

Charles Thomas

TITLE
Non-Executive Director
COMPENSATION
A$39K
TENURE
1.4 yrs

Michael Cox

TITLE
Non-Executive Director
COMPENSATION
A$39K
AGE
56
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Viking Mines's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Viking Mines has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Before You Buy Viking Mines Limited (ASX:VKA), Consider Its Volatility

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Are Viking Mines Limited's (ASX:VKA) Interest Costs Too High?

The direct benefit for Viking Mines Limited (ASX:VKA), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is VKA will have to adhere to stricter debt covenants and have less financial flexibility. … Is VKA right in choosing financial flexibility over lower cost of capital.

Simply Wall St -

Why Fundamental Investors Might Love Viking Mines Limited (ASX:VKA)

Help shape the future of investing tools and receive a $20 prize! … Viking Mines Limited (ASX:VKA) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective.

Simply Wall St -

Can Viking Mines Limited's (ASX:VKA) ROE Continue To Surpass The Industry Average?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … That means that for every A$1 worth of shareholders' equity, it generated A$0.53 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Do Institutions Own Viking Mines Limited (ASX:VKA) Shares?

If you want to know who really controls Viking Mines Limited (ASX:VKA), then you'll have to look at the makeup of its share registry. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of AU$5.6m, Viking Mines is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Is Viking Mines Limited (ASX:VKA) A Financially Sound Company?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is VKA growing fast enough to value financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Should Viking Mines Limited (ASX:VKA) Be Your Next Stock Pick?

By this I mean, I look at stocks holistically, from their financial health to their future outlook. … In the case of Viking Mines Limited (ASX:VKA), it. … is a company that has been able to sustain great financial health, trading at an attractive share price.

Simply Wall St -

Can Viking Mines Limited's (ASX:VKA) ROE Continue To Surpass The Industry Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Viking Mines Limited (ASX:VKA). … One way to conceptualize this, is that for each A$1 of shareholders' equity it has, the company made A$0.53 in profit.

Simply Wall St -

Who Really Owns Viking Mines Limited (ASX:VKA)?

If you want to know who really controls Viking Mines Limited (ASX:VKA), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$6.9m, Viking Mines is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Viking Mines

Simply Wall St -

What Investors Should Know About Viking Mines Limited's (ASX:VKA) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt.

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Company Info

Description

Viking Mines Limited explores for, develops, and mines mineral deposits in West Africa. The company explores for gold and coal deposits. It holds 100% interests in the Tumentu gold project located in Southern Ghana; Berkh Uul bituminous coal project located in Selenge province; and Khonkhor Zag anthracitic coal project located in Govi Altai province, Mongolia. The company was formerly known as Viking Ashanti Limited. Viking Mines Limited was founded in 2007 and is based in Sydney, Australia.

Details
Name: Viking Mines Limited
VKA
Exchange: ASX
Founded: 2007
A$3,450,896
313,717,856
Website: http://www.vikingmines.com
Address: Viking Mines Limited
126 Phillip Street,
Level 5,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX VKA Ordinary Shares Australian Securities Exchange AU AUD 12. May 2010
DB AVI Ordinary Shares Deutsche Boerse AG DE EUR 12. May 2010
CHIA VKA Ordinary Shares Chi-X Australia AU AUD 12. May 2010
Number of employees
Current staff
Staff numbers
0
Viking Mines employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 10:34
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.