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VHM Limited
(Sydney:VHM)
VHM Limited (VHM) vs. iShares MSCI Australia ETF (EWA)
VHM Limited Business Overview & Revenue Model
VHM Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.00K | 5.00K | 23.00K | 110.00K | 0.00 | 0.00 |
| Gross Profit | -207.00K | 5.00K | 23.00K | -169.00K | -125.75K | -153.59K |
| EBITDA | -5.46M | -5.46M | -5.72M | -13.18M | -6.59M | -5.17M |
| Net Income | -6.43M | -6.43M | -7.15M | -17.92M | -9.15M | -6.59M |
Balance Sheet | ||||||
| Total Assets | 74.45M | 74.45M | 70.09M | 78.77M | 63.26M | 38.99M |
| Cash, Cash Equivalents and Short-Term Investments | 8.10M | 8.10M | 6.25M | 20.65M | 24.37M | 10.87M |
| Total Debt | 1.63M | 1.63M | 767.00K | 1.02M | 34.42M | 4.16M |
| Total Liabilities | 10.31M | 10.31M | 11.71M | 14.01M | 45.91M | 14.71M |
| Stockholders Equity | 64.14M | 64.14M | 58.38M | 64.76M | 17.34M | 24.28M |
Cash Flow | ||||||
| Free Cash Flow | -11.37M | -9.78M | -14.62M | -34.53M | -16.53M | -9.04M |
| Operating Cash Flow | -5.19M | -5.19M | -5.65M | -12.01M | -3.99M | -4.34M |
| Investing Cash Flow | -4.59M | -4.59M | -7.74M | -20.19M | -10.40M | -2.13M |
| Financing Cash Flow | 12.60M | 11.85M | -1.01M | 26.96M | 27.88M | 17.02M |
VHM Limited Technical Analysis
VHM Limited Peers Comparison
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% | |
51 Neutral | AU$150.32M | -19.80 | -10.49% | ― | ― | 16.52% | |
51 Neutral | AU$109.21M | ― | -27.95% | ― | ― | -43.08% | |
46 Neutral | AU$184.59M | ― | -36.29% | ― | ― | -166.67% | |
45 Neutral | AU$356.14M | ― | -111.27% | ― | ― | 66.10% | |
37 Underperform | €37.86M | -9.13 | -7.25% | ― | ― | 78.30% | |
35 Underperform | AU$15.42M | ― | -121.65% | ― | ― | -100.21% |
VHM Limited Corporate Events
VHM Limited issued a correction to its previous announcement regarding updates to its global resources and reserves. The corrections, detailed in an annexure, do not materially affect the information initially disclosed, ensuring stakeholders that the changes are primarily clarifications and amendments to specific sections and tables.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has released a presentation regarding its Goschen Rare Earths & Mineral Sands project. The presentation emphasizes that it is not intended as an investor presentation and contains forward-looking statements that involve risks and uncertainties. The company disclaims any obligation to update these statements, highlighting potential impacts from factors such as regulatory changes, economic conditions, and geopolitical tensions.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has secured non-binding and conditional support from Export Finance Australia and the Export-Import Bank of the United States, amounting to potential financing of up to A$75 million and US$200 million respectively, for the development of the Goschen Rare Earths and Mineral Sands Project. This support underscores the project’s strategic importance in diversifying global rare earth supply and enhancing downstream value creation, while aligning with mutual interests in critical minerals supply and economic security.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced the cessation of certain securities, specifically 846,774 options that were set to expire on November 7, 2029. These securities have lapsed due to the conditions for their issuance not being met or becoming incapable of being satisfied, which may impact the company’s capital structure and investor relations.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced a change in the interests of its director, Ronald Douglas, in the company’s securities. The change involves the expiry of 846,774 ZEPOs, leaving Douglas with 500,000 unlisted options and 489,829 fully paid ordinary shares. This adjustment in holdings does not involve any new acquisitions or disposals beyond the expiry, indicating a shift in the director’s investment strategy or the company’s financial structuring.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced its 2025 Annual General Meeting, scheduled for November 18, 2025, to be conducted as a hybrid meeting both in-person and virtually. This announcement, approved by the Board of Directors, includes the Notice of Annual General Meeting, Proxy Form, and Notice and Access Letter, indicating the company’s commitment to transparency and shareholder engagement.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited, a company listed on the ASX, has issued 3,175,000 fully paid ordinary shares as part of its Investment Agreement with Bulk Commodity Holdings, LLC. This issuance was conducted without disclosure under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant legal provisions, ensuring transparency and adherence to regulatory requirements.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced the quotation of 3,175,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 15, 2025. This move is part of a previously announced transaction, and it reflects the company’s ongoing strategy to enhance its market presence and provide value to its stakeholders.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced an updated Exploration Target for its Goschen tenements, highlighting the potential scale and strategic importance of this rare earth and mineral sands province. The new target estimates a range of 1.5 billion to 4.0 billion tonnes with a Total Heavy Mineral (THM) grade between 2.2% and 3.5%, translating to 50Mt to 90Mt of THM. This development positions Goschen as a promising long-life mineral sands project with diversified revenue streams and low sovereign risk due to its location in Victoria, Australia. The update builds on previous estimates and incorporates new drilling data, enhancing the geological and mineralogical understanding of the area. This expansion is expected to extend the production horizon and align with global demand for critical minerals, benefiting stakeholders through potential growth in resource base and strategic market positioning.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has updated its Mineral Resource and Ore Reserve estimates for the Goschen Project, confirming its status as one of Australia’s largest undeveloped mineral sands and rare earths projects. The update reflects a more conservative estimation methodology, particularly in Area 1, which derisks the mine plan and retains potential upside. The current 20-year mine plan exploits less than half of the defined ore reserves and a small fraction of total mineral resources, indicating significant potential for future growth. This update aligns with industry best practices and supports VHM’s strategic positioning in the global market for critical minerals.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited responded to a query from the ASX regarding a Letter of Intent (LOI) received from EXIM for up to US$200 million in project financing for its Goschen Rare Earths and Mineral Sands Project. The company stated that the LOI is non-binding and subject to due diligence, thus not expected to materially affect its securities’ price. VHM clarified that the delay in announcing the LOI was due to required approvals from EXIM and Export Finance Australia, which were impacted by a US government furlough.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has received a Letter of Interest from the Export-Import Bank of the United States for up to US$200 million in project financing for its Goschen Project. This support underscores the project’s strategic importance to U.S. supply chain resilience and positions VHM as a significant player in the critical minerals market. The financing aligns with U.S. initiatives to enhance supply chain security and competitiveness, potentially qualifying under EXIM’s programs aimed at countering export support from other countries. VHM’s engagement with Export Finance Australia and EXIM through the Single Point of Entry framework further facilitates the project’s advancement, enhancing its role in addressing critical minerals supply chain challenges.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited, a company listed on the Australian Securities Exchange, has issued 1,176,471 fully paid ordinary shares as part of its Investment Agreement with Bulk Commodity Holdings, LLC. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant provisions of the Corporations Act, ensuring transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced the application for quotation of 1,176,471 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date set for September 29, 2025. This move is part of a transaction previously announced to the market, reflecting VHM Limited’s ongoing efforts to enhance its market presence and potentially increase its capital base, which could have implications for its stakeholders and industry positioning.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms that the company has followed the ASX Corporate Governance Council’s recommendations, ensuring transparency and accountability in its management and operations.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited’s 2025 Annual Report highlights the company’s operational and financial performance for the year ending June 30, 2025. The report includes key insights into project summaries, asset overviews, sustainability efforts, funding and offtake agreements, market outlook, exploration activities, and mineral resources and ore reserves. These elements provide a comprehensive view of VHM Limited’s strategic initiatives and market positioning, offering stakeholders a detailed understanding of the company’s current status and future prospects.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has secured EPBC approval for its Goschen Rare Earths and Mineral Sands Project, marking a significant regulatory milestone. This approval allows the company to proceed with final design, construction planning, and operational readiness activities. With both State and Federal environmental approvals in place, VHM is advancing towards a Final Investment Decision by finalizing strategic off-take agreements and financing. The project is set to produce high-grade rare earths and heavy minerals, positioning VHM as a significant player in the resource industry and supporting Australia’s low-carbon transition.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited, a company listed on the Australian Securities Exchange, has issued 1,250,000 fully paid ordinary shares as part of its Investment Agreement with Bulk Commodity Holdings, LLC. This issuance was conducted without disclosure to investors under the Corporations Act, and the company confirms compliance with relevant legal provisions, indicating transparency and adherence to regulatory standards.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced the quotation of 1,250,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 3, 2025. This move is part of a previously announced transaction, indicating VHM’s ongoing efforts to enhance its market presence and potentially increase liquidity for its stakeholders.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced a proposed issue of securities, specifically 1,200,000 performance rights, with a planned issue date of October 1, 2025. This move is part of a placement or other type of issue, and the company has submitted the necessary information to the Australian Securities Exchange (ASX) for potential quotation. This announcement could impact VHM Limited’s market positioning by potentially increasing its capital and providing more flexibility for future operations.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced the appointment of Andrew King as CEO and Benjamin McCormick as CFO, effective October 1, 2025, to lead the company into the next phase of its Goschen Project development. The leadership change is expected to strengthen the company’s commercial capabilities while maintaining its technical expertise, aligning with recent global developments in the Rare Earth supply chain and reinforcing VHM’s commitment to delivering shareholder value.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced a change in the interests of its director, Donald Runge, in the company’s securities. As of July 31, 2025, 500,000 unlisted options held by Runge have expired, leaving him with 731,429 ordinary shares and 500,000 unlisted options exercisable at $1.35, expiring December 1, 2026. This change reflects a reduction in Runge’s potential future stake in the company, which may influence the company’s governance and shareholder dynamics.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
VHM Limited has announced the cessation of certain securities, specifically options that expired without being exercised or converted. This includes 1,000,000 restricted options and over 3 million options with specific exercise prices that expired on July 31 and August 1, 2025. The cessation of these securities may impact VHM Limited’s capital structure and could have implications for investors and stakeholders regarding the company’s financial strategies and market positioning.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.