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VMS

Venture MineralsASX:VMS Stock Report

Market Cap

AU$70.6m

7D

4.1%

1Y

70.0%

Updated

16 Oct, 2021

Data

Company Financials
VMS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

VMS Overview

Venture Minerals Limited engages in the mineral exploration and development business in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Venture Minerals
Historical stock prices
Current Share PriceAU$0.051
52 Week HighAU$0.031
52 Week LowAU$0.16
Beta2
1 Month Change-33.77%
3 Month Change-59.20%
1 Year Change70.00%
3 Year Change121.75%
5 Year Change96.16%
Change since IPO-76.28%

Recent News & Updates

Aug 04
Is Venture Minerals (ASX:VMS) In A Good Position To Deliver On Growth Plans?

Is Venture Minerals (ASX:VMS) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. Indeed, Venture Minerals ( ASX:VMS...

Shareholder Returns

VMSAU Metals and MiningAU Market
7D4.1%4.3%0.9%
1Y70.0%12.2%20.2%

Return vs Industry: VMS exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: VMS exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is VMS's price volatile compared to industry and market?
VMS volatility
VMS Beta2
Industry Beta0.97
Market Beta1

Stable Share Price: VMS is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: VMS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aAndrew Radonjichttps://www.ventureminerals.com.au

Venture Minerals Limited engages in the mineral exploration and development business in Australia. The company explores for nickel, iron, cobalt, base metals, lithium, copper, silver, gold, lead, and zinc properties. Its flagship project is the Mount Lindsay Tin-Tungsten project that covers an area of 148 square kilometers located in north-western Tasmania.

Venture Minerals Fundamentals Summary

How do Venture Minerals's earnings and revenue compare to its market cap?
VMS fundamental statistics
Market CapAU$70.65m
Earnings (TTM)-AU$11.75m
Revenue (TTM)AU$6.22k

0x

P/S Ratio

-6.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VMS income statement (TTM)
RevenueAU$6.22k
Cost of RevenueAU$0
Gross ProfitAU$6.22k
ExpensesAU$11.76m
Earnings-AU$11.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0085
Gross Margin100.00%
Net Profit Margin-188,908.02%
Debt/Equity Ratio0.0%

How did VMS perform over the long term?

See historical performance and comparison

Valuation

Is Venture Minerals undervalued compared to its fair value and its price relative to the market?

6.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VMS is overvalued based on its PB Ratio (6.1x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.3%

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 Venture Minerals 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 Venture Minerals performed over the past 5 years?

-20.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VMS is currently unprofitable.

Growing Profit Margin: VMS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VMS is unprofitable, and losses have increased over the past 5 years at a rate of 20.9% per year.

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

Earnings vs Industry: VMS 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: VMS has a negative Return on Equity (-102.02%), as it is currently unprofitable.


Financial Health

How is Venture Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: VMS's short term assets (A$10.2M) exceed its short term liabilities (A$4.1M).

Long Term Liabilities: VMS's short term assets (A$10.2M) exceed its long term liabilities (A$350.0K).


Debt to Equity History and Analysis

Debt Level: VMS is debt free.

Reducing Debt: VMS has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.


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: VMS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VMS has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 24.4% each year.


Dividend

What is Venture Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

14.6yrs

Average board tenure


CEO

Andrew Radonjic (56 yo)

3.83yrs

Tenure

AU$464,559

Compensation

Mr. Andrew Radonjic, BAppSc (Mining Geology), M.Sc (Mineral Economics), MAusIMM, has been a Non-Executive Director at Codrus Minerals Limited since August 1, 2017 and serves as its Non-Executive Chairman....


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD344.81K) is about average for companies of similar size in the Australian market ($USD302.45K).

Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: VMS's board of directors are seasoned and experienced ( 14.6 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35%.


Top Shareholders

Company Information

Venture Minerals Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Venture Minerals Limited
  • Ticker: VMS
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$70.647m
  • Shares outstanding: 1.39b
  • Website: https://www.ventureminerals.com.au

Location

  • Venture Minerals Limited
  • 24 Outram Street
  • Suite 3
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 07:04
End of Day Share Price2021/10/15 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.