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Velocity Minerals TSXV:VLC Stock Report

Last Price

CA$0.10

Market Cap

CA$19.6m

7D

-4.8%

1Y

-35.5%

Updated

25 Apr, 2024

Data

Company Financials +

VLC Stock Overview

Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria.

VLC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Velocity Minerals Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Velocity Minerals
Historical stock prices
Current Share PriceCA$0.10
52 Week HighCA$0.17
52 Week LowCA$0.09
Beta0.96
1 Month Change11.11%
3 Month Change-4.76%
1 Year Change-35.48%
3 Year Change-77.27%
5 Year Change-62.96%
Change since IPO-62.96%

Recent News & Updates

Recent updates

Is Velocity Minerals (CVE:VLC) In A Good Position To Invest In Growth?

Nov 02
Is Velocity Minerals (CVE:VLC) In A Good Position To Invest In Growth?

Velocity Minerals Ltd. (CVE:VLC) Insiders Increased Their Holdings

Mar 05
Velocity Minerals Ltd. (CVE:VLC) Insiders Increased Their Holdings

Have Insiders Been Buying Velocity Minerals Ltd. (CVE:VLC) Shares?

Nov 19
Have Insiders Been Buying Velocity Minerals Ltd. (CVE:VLC) Shares?

Shareholder Returns

VLCCA Metals and MiningCA Market
7D-4.8%0.06%0.7%
1Y-35.5%-4.6%4.9%

Return vs Industry: VLC underperformed the Canadian Metals and Mining industry which returned -6.2% over the past year.

Return vs Market: VLC underperformed the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is VLC's price volatile compared to industry and market?
VLC volatility
VLC Average Weekly Movement12.7%
Metals and Mining Industry Average Movement11.3%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: VLC has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aKeith Hendersonwww.velocityminerals.com

Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria. It explores for gold and copper deposits. The company holds 70% interest in the Tintyava property, which includes the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria; the Momchil property, which includes the Obichnik gold project located within the municipality of Momchilgrad in southeast, Bulgaria; and a 100% interest in the Iglika property covering an area of 105 square kilometers located in southeast Bulgaria.

Velocity Minerals Ltd. Fundamentals Summary

How do Velocity Minerals's earnings and revenue compare to its market cap?
VLC fundamental statistics
Market capCA$19.62m
Earnings (TTM)-CA$2.03m
Revenue (TTM)n/a

0.0x

P/S Ratio

-9.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VLC income statement (TTM)
RevenueCA$0
Cost of RevenueCA$283.90k
Gross Profit-CA$283.90k
Other ExpensesCA$1.75m
Earnings-CA$2.03m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.01
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did VLC perform over the long term?

See historical performance and comparison
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