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VMC

Venus MetalsASX:VMC Stock Report

Market Cap

AU$28.7m

7D

15.2%

1Y

-28.3%

Updated

20 Oct, 2021

Data

Company Financials
VMC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

VMC Overview

Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Venus Metals
Historical stock prices
Current Share PriceAU$0.19
52 Week HighAU$0.16
52 Week LowAU$0.27
Beta0.30
1 Month Change15.15%
3 Month Change0%
1 Year Change-28.30%
3 Year Change0%
5 Year Change11.77%
Change since IPO-61.22%

Recent News & Updates

Shareholder Returns

VMCAU Metals and MiningAU Market
7D15.2%3.6%1.7%
1Y-28.3%11.3%20.2%

Return vs Industry: VMC underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: VMC underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is VMC's price volatile compared to industry and market?
VMC volatility
VMC Beta0.30
Industry Beta0.97
Market Beta1

Stable Share Price: VMC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: VMC's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20063,300Matt Hoganhttps://www.venusmetals.com.au

Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia. It primarily explores for gold, base metals, and platinum-group elements (PGE). The company holds a 100% interest in the Youanmi gold project located in the northeast of the city of Perth.

Venus Metals Fundamentals Summary

How do Venus Metals's earnings and revenue compare to its market cap?
VMC fundamental statistics
Market CapAU$28.70m
Earnings (TTM)-AU$3.01m
Revenue (TTM)AU$137.25k

211.1x

P/S Ratio

-9.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VMC income statement (TTM)
RevenueAU$137.25k
Cost of RevenueAU$0
Gross ProfitAU$137.25k
ExpensesAU$3.15m
Earnings-AU$3.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin100.00%
Net Profit Margin-2,192.24%
Debt/Equity Ratio0%

How did VMC perform over the long term?

See historical performance and comparison

Valuation

Is Venus Metals undervalued compared to its fair value and its price relative to the market?

2.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VMC is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

0.7%

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 Venus Metals 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 Venus Metals performed over the past 5 years?

7.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VMC is currently unprofitable.

Growing Profit Margin: VMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VMC is unprofitable, but has reduced losses over the past 5 years at a rate of 7.8% per year.

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

Earnings vs Industry: VMC 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: VMC has a negative Return on Equity (-31.32%), as it is currently unprofitable.


Financial Health

How is Venus Metals's financial position?


Financial Position Analysis

Short Term Liabilities: VMC's short term assets (A$9.6M) exceed its short term liabilities (A$2.5M).

Long Term Liabilities: VMC's short term assets (A$9.6M) exceed its long term liabilities (A$27.0K).


Debt to Equity History and Analysis

Debt Level: VMC is debt free.

Reducing Debt: VMC 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: VMC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: VMC has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 19.7% each year.


Dividend

What is Venus Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

6.8yrs

Average board tenure


CEO

Matt Hogan (56 yo)

no data

Tenure

AU$232,447

Compensation

Mr. Matthew Vernon Hogan, MAICD, has been Managing Director of Venus Metals Corporation Limited since May 21, 2018. Mr. Hogan served as the Managing Director of Venus Metals Corporation Limited since March...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD173.79K) is below average for companies of similar size in the Australian market ($USD302.06K).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: VMC's board of directors are considered experienced (6.8 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Venus Metals Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Venus Metals Corporation Limited
  • Ticker: VMC
  • Exchange: ASX
  • Founded: 2006
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: AU$28.705m
  • Shares outstanding: 151.08m
  • Website: https://www.venusmetals.com.au

Number of Employees


Location

  • Venus Metals Corporation Limited
  • 8 Alvan Street
  • Unit 2
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:28
End of Day Share Price2021/10/20 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.