Vertex Minerals (ASX:VTX) - Stock Price, News & Analysis

VTX Stock Overview

Vertex Minerals Limited engages in evaluation and exploration of minerals in New South Wales and Western Australia.

VTX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (A$7M)

Makes less than USD$1m in revenue (A$53K)

Vertex Minerals Limited Competitors

African Gold

ASX:A1G

AU$6.6m

Resources & Energy Group

ASX:REZ

AU$6.5m

Riversgold

ASX:RGL

AU$6.8m

Flynn Gold

ASX:FG1

AU$6.9m

Price History & Performance

Summary of all time highs, changes and price drops for Vertex Minerals
Historical stock prices
Current Share Price	AU$0.09
52 Week High	AU$0.18
52 Week Low	AU$0.078
Beta	0.012
1 Month Change	8.43%
3 Month Change	-4.25%
1 Year Change	-10.00%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-50.00%

Recent updates

Shareholder Returns

	VTX	AU Metals and Mining	AU Market
7D	5.9%	-0.7%	0.4%
1Y	-10.0%	-1.7%	6.0%

Return vs Industry: VTX underperformed the Australian Metals and Mining industry which returned -1.3% over the past year.

Return vs Market: VTX underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is VTX's price volatile compared to industry and market?
VTX volatility
VTX Average Weekly Movement	10.8%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: VTX's share price has been volatile over the past 3 months.

Volatility Over Time: VTX's weekly volatility (11%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	n/a	www.vertexminerals.com.au

Vertex Minerals Limited engages in evaluation and exploration of minerals in New South Wales and Western Australia. The company primarily explores for gold and nickel. Its flagship property is the 100% owned Hill End project comprising 7 exploration licenses, a gold lease, and 10 mining leases located in the eastern Lachlan Fold Belt in New South Wales.

Vertex Minerals Limited Fundamentals Summary

How do Vertex Minerals's earnings and revenue compare to its market cap?
VTX fundamental statistics
Market cap	AU$6.91m
Earnings (TTM)	-AU$1.01m
Revenue (TTM)	AU$53.30k

129.6x

P/S Ratio

-6.8x

P/E Ratio

Is VTX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VTX income statement (TTM)
Revenue	AU$53.30k
Cost of Revenue	AU$0
Gross Profit	AU$53.30k
Other Expenses	AU$1.07m
Earnings	-AU$1.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.013
Gross Margin	100.00%
Net Profit Margin	-1,898.28%
Debt/Equity Ratio	2.1%

How did VTX perform over the long term?

See historical performance and comparison

VTX Stock Overview

Rewards

Risk Analysis

Vertex Minerals Limited Competitors

ASX:A1G

AU$6.6m

ASX:REZ

AU$6.5m

ASX:RGL

AU$6.8m

ASX:FG1

AU$6.9m

Price History & Performance

Recent News & Updates

Vertex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.6832 million.

Vertex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.6832 million.

New major risk - Shareholder dilution

Vertex Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.8 million.

New major risk - Share price stability

Vertex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.8 million.

Recent updates

Vertex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.6832 million.

Vertex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.6832 million.

New major risk - Shareholder dilution

Vertex Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.8 million.

New major risk - Share price stability

Vertex Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.8 million.

Vertex Minerals Limited, Annual General Meeting, Nov 30, 2023

Vertex Minerals Limited Provides Further Update on Start-Up Operations At the Reward Gold Mine At Hill End

New minor risk - Share price stability

Vertex Minerals Limited Announces Drill Results for Red Hill and Hargraves

Vertex Minerals Limited Announces LIDAR Survey Provides Enhanced Targeting Data

Vertex Minerals Limited Announces it Completed an Updated Mineral Resource Estimate for the Reward Gold Deposit at Its 100%- Owned Hill End Gold Project

Vertex Minerals Limited Announces Diamond Drill Rig on Site and Drilling at EL at Hargraves

Vertex Minerals Limited Receives A Further 4 Holes of Assay Results from the 1,500M Diamond Drill Program At Red Hill

Vertex Minerals Limited Announces the Granting of the Tenement El 9485

Vertex Minerals Limited Announces Great Drilling Results Continue At Red Hill

Vertex Minerals Limited Announces Completion of A Site Visit to the Taylors Rock Project in WA

Vertex Minerals Limited, Annual General Meeting, Nov 30, 2022

Vertex Limited Provides Update on Red Hill Gold Project

Vertex Minerals Limited Recommences Red Hill Drilling Program

Vertex Minerals Limited Announces Exploration Progress Update

Vertex Minerals Limited Commences Drilling At Its Red Hill Gold Project

Vertex Minerals Limited Grants A Permit to Drill the Initial 1,500 Reverse Circulation (`RC') Drill Program At the Red Hill Project

Vertex Minerals Limited Announces Red Hill Drill Program to Commence Next Month

Vertex Minerals Limited (ASX:VTX) acquired EL 8289 from Peak Minerals Limited (ASX:PUA) for AUD 1 million .

Vertex Minerals Limited has completed an IPO in the amount of AUD 5.5 million.

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Vertex Minerals Limited Fundamentals Summary

129.6x

-6.8x

Earnings & Revenue