| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
VR8 Overview
Vanadium Resources Limited, a junior vanadium developer, engages in the exploration and development of mineral projects in Australia and South Africa.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.075 |
| 52 Week High | AU$0.023 |
| 52 Week Low | AU$0.097 |
| Beta | 1.95 |
| 1 Month Change | 17.19% |
| 3 Month Change | 41.51% |
| 1 Year Change | 177.78% |
| 3 Year Change | -31.82% |
| 5 Year Change | n/a |
| Change since IPO | -12.28% |
Recent News & Updates
We Think Vanadium Resources (ASX:VR8) Can Easily Afford To Drive Business Growth
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
| VR8 | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -3.8% | 3.6% | 1.7% |
| 1Y | 177.8% | 11.3% | 20.2% |
Return vs Industry: VR8 exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: VR8 exceeded the Australian Market which returned 20.2% over the past year.
Price Volatility
| VR8 volatility | |
|---|---|
| VR8 Beta | 1.95 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: VR8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: VR8's weekly volatility has decreased from 16% to 9% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Eugene Nel | https://www.vr8.global |
Vanadium Resources Limited, a junior vanadium developer, engages in the exploration and development of mineral projects in Australia and South Africa. The company explores for vanadium, copper, zinc, lead, and other mineral deposits. It holds 100% interest in the Quartz Bore project that consists of an exploration license covering an area of approximately 15 square kilometers located in the West Pilbara province; and the Steelpoortdrift Vanadium project located in Limpopo Province, South Africa.
Vanadium Resources Fundamentals Summary
| VR8 fundamental statistics | |
|---|---|
| Market Cap | AU$35.16m |
| Earnings (TTM) | -AU$583.27k |
| Revenue (TTM) | n/a |
0x
P/S Ratio-59.5x
P/E RatioIs VR8 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VR8 income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | AU$583.27k |
| Earnings | -AU$583.27k |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0013 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did VR8 perform over the long term?
See historical performance and comparisonValuation
Is Vanadium Resources undervalued compared to its fair value and its price relative to the market?
1.49x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VR8's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VR8's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VR8 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: VR8 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 VR8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VR8 is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Vanadium Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.7%
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 Vanadium Resources 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 Vanadium Resources performed over the past 5 years?
12.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VR8 is currently unprofitable.
Growing Profit Margin: VR8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VR8 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.8% per year.
Accelerating Growth: Unable to compare VR8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VR8 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: VR8 has a negative Return on Equity (-2.51%), as it is currently unprofitable.
Financial Health
How is Vanadium Resources's financial position?
Financial Position Analysis
Short Term Liabilities: VR8's short term assets (A$1.8M) exceed its short term liabilities (A$71.2K).
Long Term Liabilities: VR8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VR8 is debt free.
Reducing Debt: VR8 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: VR8 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: VR8 has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 19.5% each year.
Dividend
What is Vanadium Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VR8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VR8'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 VR8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VR8'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 VR8'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?
1.8yrs
Average management tenure
CEO
Eugene Nel
0.83
Tenure
AU$67,890
Compensation
Mr. Eugene Nel serves as an Independent Non-Executive Director at Bauba Resources Limited since August 5, 2021. He serves as Chief Executive Officer at Vanadium Resources Limited since December 18, 2020. H...
CEO Compensation Analysis
Compensation vs Market: Eugene's total compensation ($USD50.76K) is below average for companies of similar size in the Australian market ($USD302.06K).
Compensation vs Earnings: Insufficient data to compare Eugene's compensation with company performance.
Leadership Team
Experienced Management: VR8's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: VR8's board of directors are not considered experienced ( 1.9 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: VR8 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 23.6%.
Top Shareholders
Company Information
Vanadium Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Vanadium Resources Limited
- Ticker: VR8
- Exchange: ASX
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$35.163m
- Shares outstanding: 462.67m
- Website: https://www.vr8.global
Location
- Vanadium Resources Limited
- 63 Shepperton Road
- Suite 7
- Victoria Park
- Western Australia
- 6100
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 07:05 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.