company background image
VR8

Vanadium ResourcesASX:VR8 Stock Report

Market Cap

AU$35.2m

7D

-3.8%

1Y

177.8%

Updated

20 Oct, 2021

Data

Company Financials
VR8 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Vanadium Resources
Historical stock prices
Current Share PriceAU$0.075
52 Week HighAU$0.023
52 Week LowAU$0.097
Beta1.95
1 Month Change17.19%
3 Month Change41.51%
1 Year Change177.78%
3 Year Change-31.82%
5 Year Changen/a
Change since IPO-12.28%

Recent News & Updates

Oct 13
We Think Vanadium Resources (ASX:VR8) Can Easily Afford To Drive Business Growth

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

VR8AU Metals and MiningAU Market
7D-3.8%3.6%1.7%
1Y177.8%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

Is VR8's price volatile compared to industry and market?
VR8 volatility
VR8 Beta1.95
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2017n/aEugene Nelhttps://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

How do Vanadium Resources's earnings and revenue compare to its market cap?
VR8 fundamental statistics
Market CapAU$35.16m
Earnings (TTM)-AU$583.27k
Revenue (TTM)n/a

0x

P/S Ratio

-59.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VR8 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$583.27k
Earnings-AU$583.27k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0013
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did VR8 perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:05
End of Day Share Price2021/10/20 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.