Vior Balance Sheet Health

Financial Health criteria checks 6/6

Vior has a total shareholder equity of CA$26.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$31.7M and CA$5.7M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$22.26m
Equity	CA$25.99m
Total liabilities	CA$5.66m
Total assets	CA$31.65m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: VL5's short term assets (CA$22.5M) exceed its short term liabilities (CA$5.6M).

Long Term Liabilities: VL5's short term assets (CA$22.5M) exceed its long term liabilities (CA$54.9K).

Debt to Equity History and Analysis

Debt Level: VL5 is debt free.

Reducing Debt: VL5 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: VL5 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: VL5 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.6% each year

Vior Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Vior Appoints Marian Moroney to its Board of Directors

Full year 2024 earnings released: CA$0.004 loss per share (vs CA$0.012 loss in FY 2023)

Vior Provides Update on +60,000 M Drill Program At Belleterre Gold Project

Vior Inc., Annual General Meeting, Dec 12, 2024

Vior Inc. Announces Resignation of Laurent Eustache as Executive Vice President

Vior Inc. announced that it expects to receive CAD 2.52 million in funding

New major risk - Shareholder dilution

Vior Inc. announced that it has received CAD 19.313 million in funding from Osisko Mining Inc.

Vior Inc. announced that it expects to receive CAD 20 million in funding from Osisko Mining Inc.

New major risk - Financial position

Vior Inc. announced that it has received CAD 0.3518 million in funding

Vior Inc. Provides an Update on the Corporation's Summer 2023 Field Exploration Programs Across Its Three Key Exploration Projects

Full year 2023 earnings released

Vior Inc., Annual General Meeting, Dec 12, 2023

Insufficient new directors

Vior Inc. Discovers over 16.5 Km of Phosphate Horizons At Foothills Project, Quebec

Vior Provides Mid-Summer Exploration Update

VIOR INC. Provides Update on its Spring/Summer 2023 Field Exploration Programs and Corporate Strategy Across its Three Key Exploration Projects: Belleterre Gold Project, Belleterre Critical Minerals Project (Lithium) and Skyfall Nickel Project

Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.004 loss in 3Q 2022)

First half 2023 earnings released: CA$0.003 loss per share (vs CA$0.02 loss in 1H 2022)

Vior Inc. Stakes Significant Lithium Exploration Corridor and Expands Its Belleterre Project

First quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.017 loss in 1Q 2022)

Vior Expands Surface Gold Showing Footprint At Belleterre and Strengthens Its Exploration Team

Full year 2022 earnings released

Vior Inc., Annual General Meeting, Dec 07, 2022

Vior Inc. (TSXV:VIO) agreed to acquire 83 Claims Covering 4,682 Hectares next to Skyfall Project from Osisko Mining Inc. (TSX:OSK) for CAD 0.01 million.

Vior Inc. announced that it expects to receive funding from Osisko Mining Inc., Fonds de solidarité FTQ, SIDEX L.L.P.

Vior Inc. Intersects High-Grade Gold-Bearing Quartz Veins and Provides Exploration Update at Belleterre Gold project

Third quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.008 loss in 3Q 2021)

Vior Inc. Announces Results of its Phase I Drill Program at its District-Scale Belleterre Gold Project in the Abitibi-Témiscamingue Region of Quebec

Vior Inc. Begins Phase II Drill Program At Belleterre Gold Project

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Vior Inc. Continues to Sample High-Grade Gold At Belleterre Up to 175 G/T Au in Surface Sampling

Vior Inc. announced that it has received CAD 0.800911 million in funding

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings released: EPS CA$0.008 (vs CA$0.007 in FY 2020)

Full year 2021 earnings released: EPS CA$0.008 (vs CA$0.007 in FY 2020)

SOQUEM inc. signed a letter of intent to acquire remaining 42.3% stake in Domergue Properties from Vior Inc. (TSXV:VIO).

Vior Inc. Begins Extensive Summer Field Programs and Strengthens Its Exploration Team

Third quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.001 loss in 3Q 2020)

Vior Inc. announced that it has received CAD 2.4 million in funding from Osisko Mining Inc., Fonds de solidarité FTQ, SIDEX, Societe de Developpement de la Baie James and other investors

Vior Inc. announced that it has received CAD 0.88 million in funding from Osisko Mining Inc.

Vior Inc. announced that it expects to receive CAD 2.1 million in funding from Osisko Mining Inc. and other investors

VIOR Inc. Reports High Gold Grain Counts in Samples from Its First Reconnaissance Till Sampling Program Conducted in This Area in the Fall of 2020

Second quarter 2021 earnings released: EPS CA$0.001 (vs CA$0.002 in 2Q 2020)

Vior Inc. (TSXV:VIO) agreed to acquire 4 claims for CAD 0.0052 million.

Vior Inc. (TSXV:VIO) acquired 43 claims in 5 blocks covering 2,428 hectares in Skyfall Project from an unknown independent consultant for CAD 0.005 million.

Société d'Exploration Minière Vior Inc. (TSXV:VIO) acquired 103 New Claims in Skyfall project from a private company for CAD 0.07 million.

First quarter 2021 earnings released: EPS CA$0.004

Société d'Exploration Minière Vior Inc. (TSXV:VIO) signed an asset purchase agreement to acquire Gold Project at Lake Mirabelli in the James Bay, Quebec from Eric Desaulniers and other for CAD 1.3 million.

Société d'Exploration Minière Vior Inc. (TSXV:VIO) agreed to acquire 50 additional claims adjacent to the Skyfall project in Quebec from three unknown sellers.

Société d'Exploration Minière Vior Inc. (TSXV:VIO) acquired Skyfall Project from an individual.

Société d'Exploration Minière Vior Inc. announced that it has received CAD 1.35 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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