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VML

Vital MetalsASX:VML Stock Report

Market Cap

AU$249.9m

7D

-6.3%

1Y

114.3%

Updated

26 Oct, 2021

Data

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

VML Overview

Vital Metals Limited develops and explores for rare earths projects in Burkina Faso, Tanzania, Germany, and Canada.

Vital Metals Competitors

AngloGold Ashanti

JSE:ANG

R120.8b

Kinross Gold

TSX:K

CA$10.1b

IAMGOLD

TSX:IMG

CA$1.8b

Orezone Gold

TSXV:ORE

CA$430.3m

Price History & Performance

Summary of all time highs, changes and price drops for Vital Metals
Historical stock prices
Current Share PriceAU$0.06
52 Week HighAU$0.022
52 Week LowAU$0.09
Beta1.48
1 Month Change1.70%
3 Month Change20.00%
1 Year Change114.29%
3 Year Change757.14%
5 Year Change200.00%
Change since IPO-68.42%

Recent News & Updates

Oct 20
Companies Like Vital Metals (ASX:VML) Are In A Position To Invest In Growth

Companies Like Vital Metals (ASX:VML) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. By way of example, Vital...

Shareholder Returns

VMLAU Metals and MiningAU Market
7D-6.3%-0.4%0.8%
1Y114.3%15.6%24.4%

Return vs Industry: VML exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: VML exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is VML's price volatile compared to industry and market?
VML volatility
VML Beta1.48
Industry Beta0.97
Market Beta1

Stable Share Price: VML is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: VML's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aGeoff Atkinshttps://www.vitalmetals.com.au

Vital Metals Limited develops and explores for rare earths projects in Burkina Faso, Tanzania, Germany, and Canada. It holds a 100% interest in the Nechalacho project located in Yellowknife, Northwest Territories. The company also owns interests in the Wigu Hill project situated in Tanzania.

Vital Metals Fundamentals Summary

How do Vital Metals's earnings and revenue compare to its market cap?
VML fundamental statistics
Market CapAU$249.93m
Earnings (TTM)-AU$4.75m
Revenue (TTM)n/a

0x

P/S Ratio

-53.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VML income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$4.75m
Earnings-AU$4.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0011
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did VML perform over the long term?

See historical performance and comparison

Valuation

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

3.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VML is overvalued based on its PB Ratio (4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Vital 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 Vital Metals performed over the past 5 years?

-12.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VML is currently unprofitable.

Growing Profit Margin: VML is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VML is unprofitable, and losses have increased over the past 5 years at a rate of 12.2% per year.

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

Earnings vs Industry: VML 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: VML has a negative Return on Equity (-7.54%), as it is currently unprofitable.


Financial Health

How is Vital Metals's financial position?


Financial Position Analysis

Short Term Liabilities: VML's short term assets (A$36.2M) exceed its short term liabilities (A$2.7M).

Long Term Liabilities: VML's short term assets (A$36.2M) exceed its long term liabilities (A$98.0K).


Debt to Equity History and Analysis

Debt Level: VML is debt free.

Reducing Debt: VML has no debt compared to 5 years ago when its debt to equity ratio was 61.7%.


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

Forecast Cash Runway: VML has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 32.2% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

1.7yrs

Average management tenure


CEO

Geoff Atkins

2yrs

Tenure

AU$270,000

Compensation

Mr. Geoff Atkins has been a Director since October 16, 2019 and Managing Director since October 22, 2019 of Vital Metals Limited. Mr. Atkins is a Civil Engineer with many years of project and corporate dev...


CEO Compensation Analysis

Compensation vs Market: Geoff's total compensation ($USD202.40K) is below average for companies of similar size in the Australian market ($USD554.70K).

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


Leadership Team

Experienced Management: VML's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: VML's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 58.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Vital Metals Limited
  • Ticker: VML
  • Exchange: ASX
  • Founded: 2004
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$249.929m
  • Shares outstanding: 4.17b
  • Website: https://www.vitalmetals.com.au

Location

  • Vital Metals Limited
  • 56 Pitt Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:21
End of Day Share Price2021/10/26 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.