| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
VRC Overview
Volt Resources Limited primarily engages in the exploration and development of graphite and gold deposits.
Volt Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.03 |
| 52 Week High | AU$0.008 |
| 52 Week Low | AU$0.045 |
| Beta | 2.22 |
| 1 Month Change | -9.09% |
| 3 Month Change | 7.14% |
| 1 Year Change | 200.00% |
| 3 Year Change | 57.90% |
| 5 Year Change | -62.03% |
| Change since IPO | -99.39% |
Recent News & Updates
Shareholder Returns
| VRC | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -6.3% | -0.4% | 0.8% |
| 1Y | 200.0% | 15.6% | 24.4% |
Return vs Industry: VRC exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: VRC exceeded the Australian Market which returned 24.4% over the past year.
Price Volatility
| VRC volatility | |
|---|---|
| VRC Beta | 2.22 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: VRC is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: VRC's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | n/a | Trevor Matthews | https://www.voltresources.com |
Volt Resources Limited primarily engages in the exploration and development of graphite and gold deposits. The company focuses on the exploration and development of the Bunyu graphite project covering mining licenses ML 591/2018 and ML 592/2018 with a combined area of 17.71 square kilometers located in Tanzania. It also holds interests in gold projects, including the Kouroussa, the Konsolon, and the Mandiana projects, which comprises six permits with a total area of 388 square kilometers located in Guinea, Africa.
Volt Resources Fundamentals Summary
| VRC fundamental statistics | |
|---|---|
| Market Cap | AU$79.43m |
| Earnings (TTM) | -AU$2.55m |
| Revenue (TTM) | n/a |
0x
P/S Ratio-31.3x
P/E RatioIs VRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VRC income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | AU$2.55m |
| Earnings | -AU$2.55m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.00096 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did VRC perform over the long term?
See historical performance and comparisonValuation
Is Volt Resources undervalued compared to its fair value and its price relative to the market?
3.01x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VRC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VRC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VRC is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: VRC 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 VRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VRC is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Volt Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.5%
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 Volt 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 Volt Resources performed over the past 5 years?
4.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRC is currently unprofitable.
Growing Profit Margin: VRC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VRC is unprofitable, but has reduced losses over the past 5 years at a rate of 4.2% per year.
Accelerating Growth: Unable to compare VRC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRC 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: VRC has a negative Return on Equity (-9.8%), as it is currently unprofitable.
Financial Health
How is Volt Resources's financial position?
Financial Position Analysis
Short Term Liabilities: VRC's short term assets (A$467.6K) do not cover its short term liabilities (A$573.4K).
Long Term Liabilities: VRC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: VRC is debt free.
Reducing Debt: VRC had no debt 5 years ago.
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: VRC has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: VRC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
Dividend
What is Volt Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VRC'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 VRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VRC'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 VRC'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?
2.3yrs
Average board tenure
CEO
Trevor Matthews (61 yo)
4.75yrs
Tenure
AU$334,704
Compensation
Mr. Trevor John Matthews serves as Managing Director and Executive Director of Volt Resources Limited since May 1, 2020. He serves as Chief Executive Officer & Executive Director at Volt Graphite Tanzania...
CEO Compensation Analysis
Compensation vs Market: Trevor's total compensation ($USD250.90K) is about average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Trevor's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: VRC's board of directors are not considered experienced ( 2.3 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 25.1%.
Top Shareholders
Company Information
Volt Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Volt Resources Limited
- Ticker: VRC
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$79.433m
- Shares outstanding: 2.65b
- Website: https://www.voltresources.com
Location
- Volt Resources Limited
- 108 St. Georges Terrace
- Level 25
- Perth
- Western Australia
- 6000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/26 16:17 |
| End of Day Share Price | 2021/10/26 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.