Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.19|
|52 Week High||AU$0.16|
|52 Week Low||AU$0.27|
|1 Month Change||15.15%|
|3 Month Change||0%|
|1 Year Change||-28.30%|
|3 Year Change||0%|
|5 Year Change||11.77%|
|Change since IPO||-61.22%|
Recent News & Updates
|VMC||AU Metals and Mining||AU Market|
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.
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
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
|VMC fundamental statistics|
Is VMC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VMC income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.02|
|Net Profit Margin||-2,192.24%|
How did VMC perform over the long term?See historical performance and comparison
Is Venus Metals 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 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).
How is Venus Metals 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 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.
How has Venus Metals performed over the past 5 years?
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.
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$27.0K).
Debt to Equity History and Analysis
Debt Level: VMC is debt free.
Reducing Debt: VMC had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VMC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: VMC has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 19.7% each year.
What is Venus Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VMC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VMC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VMC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VMC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Matt Hogan (56 yo)
Mr. Matthew Vernon Hogan, MAICD, has been Managing Director of Venus Metals Corporation Limited since May 21, 2018. Mr. Hogan served as the Managing Director of Venus Metals Corporation Limited since March...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($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.
Experienced Board: VMC's board of directors are considered experienced (6.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Venus Metals Corporation Limited's employee growth, exchange listings and data sources
- 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
- Venus Metals Corporation Limited
- 8 Alvan Street
- Unit 2
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:28|
|End of Day Share Price||2021/10/20 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.