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VR8

Vanadium Resources ASX:VR8 Stock Report

Last Price

AU$0.082

Market Cap

AU$39.3m

7D

10.8%

1Y

28.1%

Updated

27 Jun, 2022

Data

Company Financials
VR8 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

VR8 Stock Overview

Vanadium Resources Limited, a junior vanadium developer, engages in the exploration and development of mineral projects in Australia and South Africa.

Vanadium Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vanadium Resources
Historical stock prices
Current Share PriceAU$0.082
52 Week HighAU$0.18
52 Week LowAU$0.05
Beta1.46
1 Month Change-25.46%
3 Month Change1.23%
1 Year Change28.13%
3 Year Change13.89%
5 Year Changen/a
Change since IPO-4.09%

Recent News & Updates

Shareholder Returns

VR8AU Metals and MiningAU Market
7D10.8%-5.9%1.4%
1Y28.1%-12.4%-11.3%

Return vs Industry: VR8 exceeded the Australian Metals and Mining industry which returned -12.4% over the past year.

Return vs Market: VR8 exceeded the Australian Market which returned -11.3% over the past year.

Price Volatility

Is VR8's price volatile compared to industry and market?
VR8 volatility
VR8 Average Weekly Movement18.9%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.7%
10% most volatile stocks in AU Market16.3%
10% least volatile stocks in AU Market4.2%

Stable Share Price: VR8 is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: VR8's weekly volatility has increased from 12% to 19% 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$39.30m
Earnings (TTM)-AU$1.27m
Revenue (TTM)n/a

0.0x

P/S Ratio

-30.6x

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
Other ExpensesAU$1.27m
Earnings-AU$1.27m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0027
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did VR8 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is VR8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VR8?

Other financial metrics that can be useful for relative valuation.

VR8 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-48.2x
PEG Ration/a

Price to Book Ratio vs Peers

How does VR8's PB Ratio compare to its peers?

VR8 PB Ratio vs Peers
The above table shows the PB ratio for VR8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.1x
GSR Greenstone Resources
2.9xn/aAU$44.1m
LEX Lefroy Exploration
1.7xn/aAU$34.8m
ANX Anax Metals
2xn/aAU$29.6m
ENR Encounter Resources
1.9xn/aAU$41.2m
VR8 Vanadium Resources
1.4xn/aAU$39.3m

Price-To-Book vs Peers: VR8 is good value based on its Price-To-Book Ratio (1.4x) compared to the peer average (2.1x).


Price to Earnings Ratio vs Industry

How does VR8's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Book vs Industry: VR8 is good value based on its Price-To-Book Ratio (1.4x) compared to the Australian Metals and Mining industry average (1.8x)


Price to Book Ratio vs Fair Ratio

What is VR8's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VR8 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate VR8's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of VR8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate VR8's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VR8's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VR8's PEG Ratio to determine if it is good value.


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Future Growth

How is Vanadium Resources 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


-7.1%

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.


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  • Examine Vanadium Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Vanadium Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Vanadium Resources 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


17.8%

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 17.8% 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 (57.3%).


Return on Equity

High ROE: VR8 has a negative Return on Equity (-4.61%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Vanadium Resources's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VR8's short term assets (A$4.9M) exceed its short term liabilities (A$66.1K).

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 more than 3 years if free cash flow continues to grow at historical rates of 26.9% each year


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Dividend

What is Vanadium Resources'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 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.


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 VR8 has not reported any payouts.


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Management

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

2.0yrs

Average management tenure


CEO

Eugene Nel

1.5yrs

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 ($USD47.19K) is below average for companies of similar size in the Australian market ($USD288.24K).

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 ( 2 years average tenure), which suggests a new team.


Board Members

Experienced Board: VR8's board of directors are not considered experienced ( 2.5 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: 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 13.2%.


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
  • Implied Market Cap: AU$39.302m
  • Shares outstanding: 473.51m
  • Website: https://www.vr8.global

Location

  • Vanadium Resources Limited
  • 63 Shepperton Road
  • Suite 7
  • Victoria Park
  • Western Australia
  • 6101
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2021/12/31
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.