VMS Stock Overview
Venture Minerals Limited engages in the mineral exploration and development business in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.047|
|52 Week High||AU$0.16|
|52 Week Low||AU$0.035|
|1 Month Change||23.68%|
|3 Month Change||-2.08%|
|1 Year Change||-22.95%|
|3 Year Change||123.81%|
|5 Year Change||56.67%|
|Change since IPO||-78.14%|
Recent News & Updates
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...
|VMS||AU Metals and Mining||AU Market|
Return vs Industry: VMS underperformed the Australian Metals and Mining industry which returned 6.2% over the past year.
Return vs Market: VMS underperformed the Australian Market which returned 7.7% over the past year.
|VMS Average Weekly Movement||10.8%|
|Metals and Mining Industry Average Movement||10.7%|
|Market Average Movement||8.5%|
|10% most volatile stocks in AU Market||15.3%|
|10% least volatile stocks in AU Market||3.6%|
Stable Share Price: VMS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: VMS's weekly volatility (11%) has been stable over the past year.
About the Company
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
|VMS fundamental statistics|
Is VMS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VMS income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.007|
|Net Profit Margin||-188,908.02%|
How did VMS perform over the long term?See historical performance and comparison
Is Venture Minerals 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 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 (6.8x) compared to the AU Metals and Mining industry average (2.8x).
How is Venture Minerals 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 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.
How has Venture Minerals performed over the past 5 years?
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 (33%).
Return on Equity
High ROE: VMS has a negative Return on Equity (-102.02%), as it is currently unprofitable.
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$350.0K).
Debt to Equity History and Analysis
Debt Level: VMS is debt free.
Reducing Debt: VMS has no debt compared to 5 years ago when its debt to equity ratio was 0.02%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: VMS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VMS has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 24.4% each year.
What is Venture Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VMS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VMS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VMS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VMS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Andrew Radonjic (57 yo)
Mr. Andrew Radonjic, BAppSc (Mining Geology), M.Sc (Mineral Economics), MAusIMM, has been a Non-Executive Director at Codrus Minerals Limited since August 1, 2017 and serves as its Non-Executive Chairman....
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD335.45K) is about average for companies of similar size in the Australian market ($USD290.00K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
Experienced Board: VMS's board of directors are seasoned and experienced ( 15.7 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 substantially diluted in the past year, with total shares outstanding growing by 62.8%.
Venture Minerals Limited's employee growth, exchange listings and data sources
- Name: Venture Minerals Limited
- Ticker: VMS
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$78.488m
- Shares outstanding: 1.67b
- Website: https://www.ventureminerals.com.au
- Venture Minerals Limited
- 24 Outram Street
- Suite 3
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 16:04|
|End of Day Share Price||2022/01/20 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.