How does VKA's PB Ratio compare to its peers?

VKA is expensive based on its Price-To-Book Ratio (1.8x) compared to the peer average (1.5x).

How does VKA's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

VKA is expensive based on its Price-To-Book Ratio (1.8x) compared to the Australian Metals and Mining industry average (1.2x).

What is VKA's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate VKA's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of VKA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

VKA (A$0.01) is trading above our estimate of [[fair value]] (A$0)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Viking Mines (ASX:VKA) - Stock Price, News & Analysis

VKA Stock Overview

Operates as a mineral exploration company in Australia.

About the company

VKA fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$148K)

Does not have a meaningful market cap (A$12M)

Highly volatile share price over the past 3 months compared to the Australian market

Shareholders have been diluted in the past year

Viking Mines Limited Competitors

Iondrive

ASX:ION

AU$9.2m

Manhattan

ASX:MHC

AU$9.0m

Hamelin Gold

ASX:HMG

AU$13.4m

Dateline Resources

ASX:DTR

AU$10.0m

Price History & Performance

Summary of all time highs, changes and price drops for Viking Mines
Historical stock prices
Current Share Price	AU$0.012
52 Week High	AU$0.017
52 Week Low	AU$0.007
Beta	2.24
11 Month Change	33.33%
3 Month Change	50.00%
1 Year Change	20.00%
33 Year Change	-41.46%
5 Year Change	20.00%
Change since IPO	-95.64%

Lacklustre Performance Is Driving Viking Mines Limited's (ASX:VKA) 27% Price Drop

Feb 13

Viking Mines Limited (ASX:VKA) Held Back By Insufficient Growth Even After Shares Climb 36%

Dec 21

Recent updates

Lacklustre Performance Is Driving Viking Mines Limited's (ASX:VKA) 27% Price Drop

Feb 13

Viking Mines Limited (ASX:VKA) Held Back By Insufficient Growth Even After Shares Climb 36%

Dec 21

We Think Some Shareholders May Hesitate To Increase Viking Mines Limited's (ASX:VKA) CEO Compensation

Nov 15

Shareholder Returns

	VKA	AU Metals and Mining	AU Market
7D	20.0%	-1.4%	0.2%
1Y	20.0%	-3.3%	16.6%

Return vs Industry: VKA exceeded the Australian Metals and Mining industry which returned -3.3% over the past year.

Return vs Market: VKA exceeded the Australian Market which returned 16.6% over the past year.

Price Volatility

Is VKA's price volatile compared to industry and market?
VKA volatility
VKA Average Weekly Movement	25.1%
Metals and Mining Industry Average Movement	11.1%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: VKA's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: VKA's weekly volatility has increased from 20% to 25% over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Julian Woodcock	www.vikingmines.com

Viking Mines Limited operates as a mineral exploration company in Australia. The company explores for vanadium, nickel, copper, cobalt, and gold deposits. Its project includes, Canegrass Battery Minerals Project located in the Murchison region, north-east Perth, Western Australia.

Viking Mines Limited Fundamentals Summary

How do Viking Mines's earnings and revenue compare to its market cap?
VKA fundamental statistics
Market cap	AU$11.69m
Earnings (TTM)	-AU$2.77m
Revenue (TTM)	AU$147.86k

86.2x

P/S Ratio

-4.6x

P/E Ratio

Is VKA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VKA income statement (TTM)
Revenue	AU$147.86k
Cost of Revenue	AU$0
Gross Profit	AU$147.86k
Other Expenses	AU$2.91m
Earnings	-AU$2.77m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0026
Gross Margin	100.00%
Net Profit Margin	-1,870.74%
Debt/Equity Ratio	0%

How did VKA perform over the long term?

See historical performance and comparison

VKA Stock Overview

Rewards

Risk Analysis

Viking Mines Limited Competitors

ASX:ION

AU$9.2m

ASX:MHC

AU$9.0m

ASX:HMG

AU$13.4m

ASX:DTR

AU$10.0m

Price History & Performance

Recent News & Updates

Viking Mines Limited, Annual General Meeting, Nov 13, 2024

New major risk - Share price stability

New major risk - Share price stability

First half 2024 earnings released: AU$0.002 loss per share (vs AU$0 in 1H 2023)

Lacklustre Performance Is Driving Viking Mines Limited's (ASX:VKA) 27% Price Drop

Viking Mines Limited (ASX:VKA) Held Back By Insufficient Growth Even After Shares Climb 36%

Recent updates

Viking Mines Limited, Annual General Meeting, Nov 13, 2024

New major risk - Share price stability

New major risk - Share price stability

First half 2024 earnings released: AU$0.002 loss per share (vs AU$0 in 1H 2023)

Lacklustre Performance Is Driving Viking Mines Limited's (ASX:VKA) 27% Price Drop

Viking Mines Limited (ASX:VKA) Held Back By Insufficient Growth Even After Shares Climb 36%

We Think Some Shareholders May Hesitate To Increase Viking Mines Limited's (ASX:VKA) CEO Compensation

Viking Mines Limited, Annual General Meeting, Nov 22, 2023

New major risk - Share price stability

First half 2023 earnings released: EPS: AU$0 (vs AU$0.002 in 1H 2022)

Viking Mines Ltd Provides Update on Review of Historical Metallurgical Testwork Completed on the Canegrass Battery Minerals Project

Now 24% undervalued

Less than half of directors are independent

Full year 2022 earnings released: EPS: AU$0.001 (vs AU$0.008 loss in FY 2021)

Viking Mines Limited, Annual General Meeting, Nov 15, 2022

Less than half of directors are independent

Viking Mines Announces Resignation of David Hall, Non-Executive Director

Viking Mines Limited Appoints Charles Thomas as Non-Executive Chairman

Viking Receives Final Assays for First Hit RC Drill Program

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Viking Viking Mines Limited Hits Bonanza Gold Up to 36G/T Au 1.5Km from First Hit At Jana's Reward Target

Viking Mines Limited Receives Remaining Assays for First Hit North Target

Viking Mines Limited Reports Completion of Its 72 Hole, 6,723M RC Drilling Programme At the Flagship First Hit Project, 50Km West of Menzies in the WA Goldfields

Viking Mines Limited Commences RC Drilling on High Priority Targets

Full year 2021 earnings released: AU$0.008 loss per share (vs AU$0.002 loss in FY 2020)

Viking Mines Limited Completes New Viking Drill Programme to Focus on High Priority Gold Targets

Executive Chairman of the Board Raymond Whitten has left the company

Viking Mines Limited Receives First Diamond Results & Sights Visible Gold

Viking Mines Limited Completes Phase 2 Diamond Drilling Programme

Viking Mines Limited Announces an Update on the Progress of the Phase 2 Diamond Programme

Non-Executive Director has left the company

Viking Mines Limited announced that it expects to receive AUD 4 million in funding

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2020)

Viking Mines Limited Commences AC Drilling on First Hit Project Tenements

Viking Mines Limited Commences Diamond Drilling At First Hit Project

Viking Mines Limited Identifies Exceptionally High-Grades in Face Samples

Viking Mines Limited Identifies Further Unmined High-Grade Drill Intercepts in First Hit Drilling Database

Viking Mines Limited Announces Drill Programmes Designed and Contractors Secured to Commence Drilling in February 2021

Viking Mines Limited (ASX:VKA) completed the acquisition of Red Dirt Mining Pty Ltd from a group of investors.

Viking Mines Limited (ASX:VKA) acquired P30/1126 license in Western Australia from Australia Menzies Emerald Pty Ltd for AUD 20 million.

Viking Mines Limited Announces the Application for Tenement E30/529 in the Prospective Ida Greenstone Belt, Western Australia

Viking Mines Limited Appoints Julian Woodcock as Chief Executive Officer

Viking Mines Limited (ASX:VKA) entered into a conditional agreement to acquire Red Dirt Mining Pty Ltd from A group of investors.

Full year earnings released - AU$0.0023 loss per share

Shareholder Returns

Price Volatility

About the Company

Viking Mines Limited Fundamentals Summary

86.2x

-4.6x

Earnings & Revenue