Viridis widens half-year loss but boosts cash and net assets

Viridis Mining and Minerals Limited ( (AU:VMM) ) has shared an update.

Viridis Mining and Minerals reported a net loss after tax of $2.74 million for the half-year ended 31 December 2025, widening from a $1.98 million loss a year earlier, driven mainly by higher corporate and administration costs. The company cited increased ASX fees, director and consultant remuneration, wages, and travel and property-related expenses, while share-based payment costs were slightly lower.

Despite the larger loss, Viridis significantly strengthened its balance sheet, ending the period with $15.16 million in cash compared with $1.15 million at June 2025 and net assets of $45.39 million. The rise in cash and net assets reflects $19.32 million in financing inflows and continued capitalised exploration expenditure, indicating ongoing investment in its projects and providing funding capacity to advance exploration activities without current dividend payments.

The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.

More about Viridis Mining and Minerals Limited

Viridis Mining and Minerals Limited is an exploration-focused mining company based in Perth, Western Australia. The consolidated entity is engaged in mineral exploration activities and does not yet generate operating revenue, instead relying primarily on interest income from cash holdings and capital raised through financing activities to fund its projects.

Average Trading Volume: 993,976

Technical Sentiment Signal: Buy

Current Market Cap: A$257.3M

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