Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia. More Details
Mediocre balance sheet with questionable track record.
Share Price & News
How has Venus Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VMC has not had significant price volatility in the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: VMC exceeded the Australian Metals and Mining industry which returned 13.1% over the past year.
Return vs Market: VMC exceeded the Australian Market which returned -6.9% over the past year.
Price Volatility Vs. Market
How volatile is Venus Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StHow Much Are Venus Metals Corporation Limited (ASX:VMC) Insiders Spending On Buying Shares?
5 months ago | Simply Wall StWe Think Venus Metals (ASX:VMC) Needs To Drive Business Growth Carefully
6 months ago | Simply Wall StCould Venus Metals Corporation Limited's (ASX:VMC) Investor Composition Influence The Stock Price?
Is Venus Metals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) 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 poor value based on its PE Ratio (82.1x) compared to the AU Metals and Mining industry average (11.7x).
PE vs Market: VMC is poor value based on its PE Ratio (82.1x) compared to the Australian market (21.5x).
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 (3.1x) 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.
- Take a look at our analysis of VMC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Venus Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Venus Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VMC has a high level of non-cash earnings.
Growing Profit Margin: VMC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: VMC has become profitable over the past 5 years, growing earnings by -4.6% per year.
Accelerating Growth: VMC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VMC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).
Return on Equity
High ROE: VMC's Return on Equity (3.8%) is considered low.
How is Venus Metals's financial position?
Financial Position Analysis
Short Term Liabilities: VMC's short term assets (A$9.7M) exceed its short term liabilities (A$946.2K).
Long Term Liabilities: VMC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VMC's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VMC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: VMC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VMC's interest payments on its debt are well covered by EBIT.
What is Venus Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VMC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VMC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VMC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VMC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VMC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Matt Hogan (55 yo)
Mr. Matthew Vernon Hogan, MAICD, has been Managing Director of Venus Metals Corporation Limited since May 21, 2018. Mr. Hogan served as the Managing Director of Venus Metals Corporation Limited since March ...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD368.39K) is above average for companies of similar size in the Australian market ($USD277.63K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
|MD & Director||no data||AU$518.00k||0.87% |
|GM & Executive Director||9.25yrs||AU$326.45k||0.12% |
|Independent Non-Executive Director||2.42yrs||AU$126.08k||3.03% |
|Independent Chairman of the Board||1.25yrs||AU$114.49k||no data|
Experienced Board: VMC's board of directors are considered experienced (5.8 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 been diluted in the past year, with total shares outstanding growing by 26.7%.
Venus Metals Corporation Limited's company bio, 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$40.036m
- Shares outstanding: 151.08m
- Website: https://www.venusmetals.com.au
Number of Employees
- Venus Metals Corporation Limited
- 8 Alvan Street
- Unit 2
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VMC||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 2007|
|VMC||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jun 2007|
Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia. It primarily explores for vanadium, cobalt, nickel, gold, lithium, and platinum-group elements. It hol ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 10:33|
|End of Day Share Price||2020/10/26 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.