Venture Minerals Limited (AU:CRI)
ASX:CRI
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Venture Minerals Limited
(Sydney:CRI)
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Rating:44Neutral
Price Target:
AU$0.02
▼(-10.00% Downside)
Action:Reiterated
Date:03/03/26
The score is primarily held down by weak financial performance driven by no revenue, ongoing losses, and negative free cash flow, despite low balance-sheet leverage. Technicals add little support with a generally weak short-to-mid-term trend and only neutral momentum. Valuation is also constrained because the company is loss-making (negative P/E) and there is no dividend yield data.
Positive Factors
Low financial leverage
A very low debt load gives Venture Minerals structural balance-sheet flexibility typical of exploration companies, reducing near-term interest burden and bankruptcy risk. This supports the firm's ability to pursue project work, farm-outs or staged development without heavy fixed financing costs.
Negative Factors
No revenue / ongoing losses
The company remains pre-revenue and loss-making, which means there is no operating cash inflow from products or sales. This structural lack of operating revenue forces dependence on capital markets or asset disposals and means operating leverage and profitability are unproven.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
A very low debt load gives Venture Minerals structural balance-sheet flexibility typical of exploration companies, reducing near-term interest burden and bankruptcy risk. This supports the firm's ability to pursue project work, farm-outs or staged development without heavy fixed financing costs.
Read all positive factors
Venture Minerals Limited (CRI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$60.62M
Dividend YieldN/A
Average Volume (3M)11.20M
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue GrowthN/A
EPS Growth30.43%
CountryAU
Employees16
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding3,030,806,200
10 Day Avg. Volume5,195,759
30 Day Avg. Volume11,196,979
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)7.43
Price to Sales (P/S)0.00
P/FCF Ratio-6.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Venture Minerals Limited Business Overview & Revenue Model
Company Description
Critica Limited is an Australian entity dedicated to the exploration and development of mineral resources throughout the country. The company's activities involve prospecting for a diverse range of valuable elements, such as thorium, uranium, zinc...
How the Company Makes Money
Venture Minerals makes money primarily through mineral exploration and project development activities rather than ongoing operating production. Its potential and historical revenue sources include: (1) proceeds from selling or farming out interest...
Venture Minerals Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -126.64K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -6.53M | -5.93M | -9.01M | -17.64M | -11.70M |
| Net Income | -3.75M | -6.33M | -9.11M | -17.76M | -11.75M |
Balance Sheet | |||||
| Total Assets | 6.54M | 3.40M | 4.73M | 11.13M | 16.01M |
| Cash, Cash Equivalents and Short-Term Investments | 4.15M | 1.64M | 3.14M | 9.43M | 9.49M |
| Total Debt | 252.06K | 141.27K | 34.38K | 68.08K | 0.00 |
| Total Liabilities | 1.20M | 2.54M | 1.63M | 2.17M | 4.49M |
| Stockholders Equity | 5.33M | 861.01K | 3.10M | 8.97M | 11.52M |
Cash Flow | |||||
| Free Cash Flow | -6.20M | -4.65M | -9.30M | -19.97M | -11.17M |
| Operating Cash Flow | -6.18M | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | 2.68M | -252.91K | -671.66K | -9.11M | -6.43M |
| Financing Cash Flow | 6.01M | 3.16M | 3.00M | 15.19M | 19.69M |
Venture Minerals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$43.47M | -3.70 | -25.04% | ― | ― | 80.64% | |
49 Neutral | AU$101.16M | -9.03 | -5.62% | ― | ― | 35.64% | |
46 Neutral | AU$16.41M | -15.24 | -4.78% | ― | ― | 16.67% | |
44 Neutral | AU$60.62M | -13.55 | -59.10% | ― | ― | 30.43% | |
42 Neutral | AU$60.10M | -5.50 | -7.41% | ― | 5472.73% | 40.17% | |
41 Neutral | AU$31.10M | -0.32 | -158.13% | ― | ― | -777.65% |
* Basic Materials Sector Average
AU:CRI
Venture Minerals Limited
0.02
<0.01
18.75%
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Venture Minerals Limited Corporate Events
Critica to Host Investor Webinar as Critical Minerals Projects Enter Key Phase
Jun 18, 2026
Critica Limited has scheduled an investor webinar for 22 June 2026, where CEO Jacob Deysel will provide a live project update and participate in a QA session with shareholders and investors. The event comes as the company enters an active phase of...
Critica Advances Dual Australian Critical Minerals Projects Toward Key 2026 Milestones
Jun 16, 2026
Critica Limited has reported significant progress at its Jupiter and Mt Lindsay projects, advancing both towards completion of Scoping Studies in the September quarter of 2026 amid rising demand for non-China critical mineral supply. At Jupiter, t...
Critica’s Jupiter Pilot Plant Delivers 14× Rare Earth Upgrade and 95% Mass Rejection
May 26, 2026
Critica Limited has reported a major step forward in processing at its Jupiter Rare Earth Project, with pilot plant optimisation delivering an intermediate concentrate grading about 3% total rare earth oxides, a roughly 14-fold upgrade from the or...
Critica Advances Jupiter Rare Earths Pilot Work as It Builds Critical Minerals Platform
May 7, 2026
Critica Limited is an Australian critical minerals developer focused on rare earths plus yttrium, tungsten, tin and gallium, with its flagship Jupiter project promoted as the country’s largest clay-hosted magnet rare earth oxide resource. Th...
Critica taps DRA Global for ESG-focused underground study at Mt Lindsay
May 4, 2026
Critica Limited has appointed DRA Global to undertake a Scoping Study for its 100%-owned Mt Lindsay Tin-Tungsten Project in Tasmania, aiming to reposition the asset as an ESG-aligned underground operation that complements its flagship Jupiter Rare...
Critica Advances Jupiter Rare Earths Platform as Australia’s Largest Clay-Hosted Resource
Apr 23, 2026
Critica Limited has outlined the technical and resource foundations of its Jupiter rare earths project, promoted as Australia’s largest clay-hosted magnet rare earth oxide resource, as it builds a broader critical minerals platform. The comp...
Critica advances Jupiter rare earths project with first commercial-quality MREC and major drilling push
Apr 21, 2026
Critica Limited has advanced its Jupiter Rare Earths Project with the first production of commercial-quality mixed rare earth carbonate grading 58% total rare earth oxides at ANSTO, validating a conventional, refinery-aligned processing route and ...
Critica Boosts Rare Earth Recoveries as Jupiter Pilot Plant Optimisation Advances
Apr 14, 2026
Critica Limited has reported significant progress at its Jupiter Rare Earth Project, with pilot plant optimisation lifting total rare earth oxide recovery to about 71% and magnetic rare earth recovery to roughly 81% from representative feed materi...
Critica Director Increases Indirect Shareholding via On-Market Purchase
Apr 8, 2026
Critica Limited has disclosed a change in the indirect shareholding of director Timothy Gordon Armstrong Lindley, lodged in accordance with ASX requirements. The filing shows that Lindley holds his interests through family investment and superannu...
Critica Issues 15.6 Million Shares on Employee Option Conversion
Apr 1, 2026
Critica Limited has issued 15,608,666 new fully paid ordinary shares following the conversion of employee options granted under its employee incentive scheme. The move modestly increases the company’s share count while rewarding staff with e...
Critica Limited Seeks ASX Quotation for 15.6 Million New Shares
Apr 1, 2026
Critica Limited has applied for quotation of 15,608,666 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 1 April 2026. The move, disclosed in an Appendix 2A filing, reflects the company’s latest equ...
Critica Advances Jupiter Rare Earths Project as Australia’s Largest Clay-Hosted MREO Resource
Mar 25, 2026
Critica has outlined its progress in advancing the Jupiter rare earths project, highlighting previous exploration and metallurgical testwork that underpin its status as Australia’s largest clay-hosted MREO resource. The company has reported ...
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BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.