TSXV:VTT

Stock Analysis Report

Executive Summary

Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australia.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Vendetta Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

VTT

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

-60.0%

VTT

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: VTT underperformed the Canadian Metals and Mining industry which returned 4.9% over the past year.

Return vs Market: VTT underperformed the Canadian Market which returned 0.5% over the past year.


Shareholder returns

VTTIndustryMarket
7 Day0%-1.5%-3.8%
30 Day11.1%3.2%-2.0%
90 Day11.1%10.2%-0.3%
1 Year-60.0%-60.0%5.6%4.9%3.7%0.5%
3 Year-78.3%-78.3%-1.9%-3.6%13.6%3.4%
5 Year-61.5%-61.5%28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

How volatile is Vendetta Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Vendetta Mining undervalued compared to its fair value and its price relative to the market?

3.03x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate VTT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate VTT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: VTT is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: VTT is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VTT is overvalued based on its PB Ratio (3x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Vendetta Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

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 Vendetta Mining 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.


Next Steps

Past Performance

How has Vendetta Mining performed over the past 5 years?

-22.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VTT is currently unprofitable.

Growing Profit Margin: VTT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VTT is unprofitable, and losses have increased over the past 5 years at a rate of -22.7% per year.

Accelerating Growth: Unable to compare VTT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VTT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: VTT has a negative Return on Equity (-63.27%), as it is currently unprofitable.


Next Steps

Financial Health

How is Vendetta Mining's financial position?


Financial Position Analysis

Short Term Liabilities: VTT's short term assets (CA$432.9K) do not cover its short term liabilities (CA$936.6K).

Long Term Liabilities: VTT's short term assets (CA$432.9K) do not cover its long term liabilities (CA$2.6M).


Debt to Equity History and Analysis

Debt Level: VTT's debt to equity ratio (105.5%) is considered high.

Reducing Debt: Insufficient data to determine if VTT's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: VTT has a high level of physical assets or inventory.

Debt Coverage by Assets: VTT's debt is not covered by short term assets (assets are 0.1x debt).


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: VTT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VTT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -35.7% each year


Next Steps

Dividend

What is Vendetta Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VTT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VTT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VTT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VTT'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 VTT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

5.5yrs

Average management tenure


CEO

Mike Williams (56yo)

10.2yrs

Tenure

CA$300,216

Compensation

Mr. Michael Jeffrey Williams, also known as Mike, founded Full Metal Minerals, Ltd. and has been its President since June 2003 and its Chief Executive Officer since October 2014. He served as an Interim Pr ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Williams
President10.2yrsCA$300.22k1.78% CA$154.9k
Jasmine Lau
Chief Financial Officer2.3yrsno datano data
Sheryl Elsdon
Corporate Secretary5.5yrsno data0.23% CA$20.0k

5.5yrs

Average Tenure

Experienced Management: VTT's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Williams
President10.2yrsCA$300.22k1.78% CA$154.9k
David Baker
Independent Director3.3yrsno datano data
Peter Voulgaris
Director5.5yrsno data2.99% CA$260.8k
Doug Flegg
Independent Director3.3yrsno data0.20% CA$17.7k

4.4yrs

Average Tenure

Experienced Board: VTT's board of directors are considered experienced (4.4 years average tenure).


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 13.8%.


Top Shareholders

Company Information

Vendetta Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vendetta Mining Corp.
  • Ticker: VTT
  • Exchange: TSXV
  • Founded: 2009
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$8.713m
  • Shares outstanding: 174.27m
  • Website: https://vendettaminingcorp.com

Location

  • Vendetta Mining Corp.
  • 409 Granville Street
  • Suite 1500
  • Vancouver
  • British Columbia
  • V6C 1T2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VTTTSXV (TSX Venture Exchange)YesCommon StockCACADOct 2010
VDTA.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2010
5V8DB (Deutsche Boerse AG)YesCommon StockDEEUROct 2010

Biography

Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australia. The company explores for lead, zinc, and silver deposits. It holds an option to acquire 100% interest in the Pegmont lead-zinc-silver deposit comprising three granted mining leases and one exploration permit covering an area of approximately 8,290 ha located in northwest Queensland, Australia. The company was formerly known as Azincourt Resources Inc. and changed its name to Vendetta Mining Corp. in July 2010. Vendetta Mining Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 01:12
End of Day Share Price2020/02/25 00:00
Earnings2019/11/30
Annual Earnings2019/05/31


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.