Viking Mines Limited operates as a mineral exploration company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.021|
|52 Week High||AU$0.015|
|52 Week Low||AU$0.055|
|1 Month Change||31.25%|
|3 Month Change||-4.55%|
|1 Year Change||16.67%|
|3 Year Change||23.53%|
|5 Year Change||10.53%|
|Change since IPO||-92.36%|
Recent News & Updates
|VKA||AU Metals and Mining||AU Market|
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.
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
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
|VKA fundamental statistics|
Is VKA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VKA income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0046|
|Net Profit Margin||-3,057.33%|
How did VKA perform over the long term?See historical performance and comparison
Is Viking 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 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).
How is Viking 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 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.
How has Viking Mines performed over the past 5 years?
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.
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$138.1K).
Debt to Equity History and Analysis
Debt Level: VKA is debt free.
Reducing Debt: VKA had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VKA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VKA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.8% each year
What is Viking Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VKA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VKA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VKA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VKA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VKA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Julian Woodcock (42 yo)
Mr. Julian Woodcock serves as the Chief Executive Officer at Viking Mines Limited since joined it on January 4, 2021 and serves as its Managing Director & Executive Director since April 22, 2021. Mr. Woodc...
CEO Compensation Analysis
Compensation vs Market: Julian's total compensation ($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.
Experienced Board: VKA'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: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 225.5%.
Viking Mines Limited's employee growth, exchange listings and data sources
- 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
- Viking Mines Limited
- 15-17 Old Aberdeen Place
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:26|
|End of Day Share Price||2021/10/26 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.