Variscan Mines (CHIA:VAR) - Stock Price, News & Analysis

VAR Stock Overview

Focuses on the acquisition, exploration, and development of mineral projects in Australia and Spain. More details

VAR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings have grown 8% per year over the past 5 years

Risk Analysis

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

Shareholders have been substantially diluted in the past year

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

Variscan Mines Limited Competitors

Enova Mining

ASX:ENV

AU$6.9m

MRG Metals

ASX:MRQ

AU$8.1m

Nimy Resources

ASX:NIM

AU$7.6m

Surefire Resources

ASX:SRN

AU$7.9m

Price History & Performance

Summary of all time highs, changes and price drops for Variscan Mines
Historical stock prices
Current Share Price	AU$0.013
52 Week High	AU$0.019
52 Week Low	AU$0.005
Beta	1.73
11 Month Change	-13.33%
3 Month Change	44.46%
1 Year Change	18.18%
33 Year Change	-69.77%
5 Year Change	-67.50%
Change since IPO	-99.07%

Recent updates

Shareholder Returns

	VAR	AU Metals and Mining	AU Market
7D	30.0%	-0.6%	-0.3%
1Y	18.2%	-11.0%	18.4%

Return vs Industry: VAR exceeded the Australian Metals and Mining industry which returned -11% over the past year.

Return vs Market: VAR matched the Australian Market which returned 18.4% over the past year.

Price Volatility

Is VAR's price volatile compared to industry and market?
VAR volatility
VAR Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine VAR's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Dick Dickson	www.variscan.com.au

Variscan Mines Limited focuses on the acquisition, exploration, and development of mineral projects in Australia and Spain. The company explores for copper, gold, zinc, lead, and uranium deposits. It owns interests in the Novales/Udias project covering an area of 68.3 square kilometers located in the Basque-Cantabrian Basin; and the Guajaraz project covering an area of 1,530 hectares located in the Central Zone of the Iberian Massif.

Variscan Mines Limited Fundamentals Summary

How do Variscan Mines's earnings and revenue compare to its market cap?
VAR fundamental statistics
Market cap	AU$7.45m
Earnings (TTM)	-AU$650.27k
Revenue (TTM)	AU$1.07k

6,948x

P/S Ratio

-11.5x

P/E Ratio

Is VAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VAR income statement (TTM)
Revenue	AU$1.07k
Cost of Revenue	AU$0
Gross Profit	AU$1.07k
Other Expenses	AU$651.34k
Earnings	-AU$650.27k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0011
Gross Margin	100.00%
Net Profit Margin	-60,603.08%
Debt/Equity Ratio	1.1%

How did VAR perform over the long term?

See historical performance and comparison

Variscan Mines CHIA:VAR Stock Report