Venture Minerals (ASX:VMS) - Share price, News & Analysis

VMS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

VMS Stock Overview

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

Risk Analysis

Earnings have declined by 46.8% per year over past 5 years

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (A$5K)

Volatile share price over the past 3 months

+ 2 more risks

Venture Minerals Peers

Havilah Resources

ASX:HAV

AU$85.2m

Terramin Australia

ASX:TZN

AU$95.2m

Encounter Resources

ASX:ENR

AU$42.8m

Apollo Minerals

ASX:AON

AU$36.8m

Price History & Performance

Summary of all time highs, changes and price drops for Venture Minerals
Historical stock prices
Current Share Price	AU$0.046
52 Week High	AU$0.16
52 Week Low	AU$0.035
Beta	1.92
1 Month Change	-23.33%
3 Month Change	12.20%
1 Year Change	-56.19%
3 Year Change	91.68%
5 Year Change	76.93%
Change since IPO	-78.61%

Recent News & Updates

Dec 01

We Think Venture Minerals (ASX:VMS) Needs To Drive Business Growth Carefully

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

	VMS	AU Metals and Mining	AU Market
7D	9.5%	5.5%	3.5%
1Y	-56.2%	3.0%	2.1%

Return vs Industry: VMS underperformed the Australian Metals and Mining industry which returned 3% over the past year.

Return vs Market: VMS underperformed the Australian Market which returned 2.1% over the past year.

Price Volatility

Is VMS's price volatile compared to industry and market?
VMS volatility
VMS Average Weekly Movement	14.4%
Metals and Mining Industry Average Movement	11.2%
Market Average Movement	9.5%
10% most volatile stocks in AU Market	16.7%
10% least volatile stocks in AU Market	4.3%

Stable Share Price: VMS is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: VMS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Andrew Radonjic	https://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 Cap	AU$76.82m
Earnings (TTM)	-AU$22.97m
Revenue (TTM)	AU$4.98k

0.0x

P/S Ratio

-3.3x

P/E Ratio

Is VMS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VMS income statement (TTM)
Revenue	AU$4.98k
Cost of Revenue	AU$0
Gross Profit	AU$4.98k
Other Expenses	AU$22.97m
Earnings	-AU$22.97m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
Gross Margin	100.00%
Net Profit Margin	-461,039.62%
Debt/Equity Ratio	0.0%

How did VMS perform over the long term?

See historical performance and comparison

New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-6.9%

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?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-46.8%

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 46.8% 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 (57.8%).

Return on Equity

High ROE: VMS has a negative Return on Equity (-315.1%), as it is currently unprofitable.

Financial Health

How is Venture Minerals's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VMS's short term assets (A$9.9M) exceed its short term liabilities (A$3.6M).

Long Term Liabilities: VMS's short term assets (A$9.9M) exceed its long term liabilities (A$350.0K).

Debt to Equity History and Analysis

Debt Level: VMS is debt free.

Reducing Debt: VMS has not had any debt for past 5 years.

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 less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.3% each year

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

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.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VMS has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

16.0yrs

Average board tenure

CEO

Andrew Radonjic (56 yo)

4.42yrs

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 ($USD324.68K) is about average for companies of similar size in the Australian market ($USD285.05K).

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 ( 16 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 been diluted in the past year, with total shares outstanding growing by 26.1%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/06/30