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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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 23.00K | 110.00K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -217.00K | 23.00K | -169.00K | -125.75K | -153.59K | -168.36K |
| EBITDA | -4.71M | -5.72M | -13.18M | -6.59M | -5.17M | -6.17M |
| Net Income | -6.11M | -7.15M | -17.92M | -9.15M | -6.59M | -7.25M |
Balance Sheet | ||||||
| Total Assets | 69.69M | 70.09M | 78.77M | 63.26M | 38.99M | 23.86M |
| Cash, Cash Equivalents and Short-Term Investments | 4.48M | 6.25M | 20.65M | 24.37M | 10.87M | 332.54K |
| Total Debt | 629.00K | 767.00K | 1.02M | 34.42M | 4.13M | 1.97M |
| Total Liabilities | 11.31M | 11.71M | 14.01M | 45.91M | 14.71M | 10.87M |
| Stockholders Equity | 58.38M | 58.38M | 64.76M | 17.34M | 24.28M | 12.99M |
Cash Flow | ||||||
| Free Cash Flow | -13.20M | -14.62M | -34.53M | -16.53M | -9.04M | -10.27M |
| Operating Cash Flow | -4.46M | -5.65M | -12.01M | -3.99M | -4.34M | -3.70M |
| Investing Cash Flow | -8.74M | -7.74M | -20.19M | -10.40M | -2.13M | -3.08M |
| Financing Cash Flow | 3.71M | -1.01M | 28.48M | 27.88M | 17.02M | 4.75M |
VHM Limited Technical Analysis
VHM Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
44 Neutral | C$979.74M | -6.70 | -13.35% | 2.68% | 17.20% | -32.62% | |
38 Underperform | AU$50.71M | ― | -10.26% | ― | ― | 49.83% | |
| $67.54M | ― | -237.31% | ― | ― | ― | ||
| €25.49M | ― | -17.89% | ― | ― | ― | ||
46 Neutral | AU$40.64M | ― | -34.82% | ― | ― | -142.11% | |
46 Neutral | AU$59.30M | ― | -21.23% | ― | ― | -64.00% | |
35 Underperform | AU$51.82M | ― | -140.25% | ― | ― | -177.64% |
VHM Limited Corporate Events
VHM Limited has signed a non-binding Letter of Interest (LOI) with Mitsui & Co. for the supply of 40% of its heavy mineral concentrate (HMC) from the Goschen Project. This agreement not only secures a significant offtake partner for VHM but also potentially offers a strategic trade finance facility, enhancing VHM’s development strategy and strengthening its market position. The partnership with Mitsui, a global trading giant, is expected to provide long-term benefits and contribute to the project’s success.
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 change in the interest of its director, Maree Arnason, in the company’s securities. The change involves the acquisition of 120,000 fully paid ordinary shares through participation in a Share Purchase Plan, increasing her indirect holdings to 175,000 shares. This move reflects the director’s increased investment in the company, potentially signaling confidence in VHM Limited’s future prospects.
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 announced the successful completion of its non-underwritten share purchase plan (SPP), which raised $355,000 through the issuance of 1,420,000 new shares at $0.25 each. The funds, combined with proceeds from a prior placement, will support ongoing work programs and provide working capital as the company progresses towards a final investment decision, reflecting its strategic focus on project advancement and risk mitigation.
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 an update regarding the commencement of trading for new shares under its Share Purchase Plan on the Australian Securities Exchange (ASX), set to begin on June 16, 2025. This update follows a previous announcement made on May 12, 2025, and involves the issuance of securities under a securities purchase plan, which may impact the company’s market presence and stakeholder interests by potentially increasing liquidity and shareholder base.
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, a company listed on the ASX, has announced the opening of a Share Purchase Plan (SPP) for its eligible shareholders in Australia and New Zealand. This plan allows shareholders to purchase new shares at $0.25 each, the same price as a recent placement that raised $8.25 million, with the aim to raise approximately $2 million through this initiative. The SPP is non-underwritten and will close on June 10, 2025, providing shareholders the option to apply for up to $30,000 worth of new shares, subject to reductions based on previous participations.
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, a company listed on the Australian Securities Exchange (ASX: VHM), has issued 33 million fully paid ordinary shares at $0.25 each to institutional investors. This move, announced on May 12, 2025, is part of the company’s strategy to raise capital without the need for disclosure under Part 6D.2 of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information required to be disclosed. This share issuance could potentially strengthen VHM Limited’s financial position and enhance its market operations.
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 issuance of 33,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) on May 15, 2025. This move is part of a previously announced transaction, and the quotation of these securities is expected to enhance VHM Limited’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s financial flexibility and market capitalization.
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 proposed issuance of securities, including 8,000,000 ordinary fully paid securities under a securities purchase plan and 33,000,000 ordinary fully paid securities through a placement. This move is aimed at raising capital, potentially impacting the company’s financial standing and market presence. The issuance is scheduled to take place between May and June 2025, with the offer closing on June 10, 2025, and the issue date set for June 13, 2025.
VHM Limited has successfully completed a partially underwritten placement of new shares, raising $8.25 million to fund ongoing work programs and provide working capital for the Goschen Project. The placement, which saw strong participation from institutional investors, supports the company’s strategic efforts towards a Final Investment Decision by Q3 2025. Additionally, VHM plans to offer a share purchase plan to eligible shareholders in Australia and New Zealand, aiming to raise approximately $2 million.
VHM Limited has announced an equity raising initiative involving a partially underwritten placement of new shares to institutional investors and a non-underwritten share purchase plan for eligible shareholders. This move is aimed at strengthening the company’s financial position and supporting its ongoing operations. The equity raising is expected to have implications for the company’s market positioning and stakeholder interests, as it seeks to leverage new capital for growth and development.
VHM Limited has requested a trading halt on its securities as it plans to pursue an equity capital raising. The trading halt will remain in effect until the company releases an announcement regarding the capital raising or until the commencement of trading on May 13, 2025. This move is intended to facilitate the capital raising process and ensure orderly trading once the announcement is made.
VHM Limited, a company listed on the Australian Securities Exchange, has issued 2,000,000 fully paid ordinary shares as part of its Investment Agreement with Bulk Commodity Holdings, LLC. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act, ensuring transparency and adherence to regulatory requirements.
VHM Limited has announced the application for quotation of 2,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s growth on the ASX.
VHM Limited has announced a staged expansion strategy for its Goschen Rare Earths and Mineral Sands Project in Victoria, aiming to commence production by the fourth quarter of 2026. The project, which has received major project status and a mining license, is set to initially produce at a rate of 1.5 million tonnes per annum with plans to expand to 5 million tonnes. The expansion strategy involves reduced initial capital expenditure and is supported by strategic partnerships and financing discussions. However, the company has identified necessary changes to operating and capital costs, particularly in mining and processing, which have slightly impacted the project’s financial metrics.
VHM Limited has entered into a Memorandum of Understanding with Currumbin Minerals Pty Ltd to supply and deliver high-grade zircon-titania heavy mineral concentrate from its Goschen Project. This collaboration marks a strategic step for VHM in establishing a domestic supply chain for its products, aligning with the Victorian Government’s Critical Minerals Roadmap. The agreement follows recent endorsements and licenses for the Goschen Project, potentially enhancing VHM’s industry positioning and offering further processing opportunities on Australia’s east coast.
VHM Limited, a company listed on the ASX, has announced a change in its corporate governance structure by reducing the number of Company Secretaries to one. As part of this change, Ms. Bronagh Freeman has stepped down from her role as Company Secretary but will continue to support the company in a different capacity. Mr. Michael Sapountzis will remain as the sole Company Secretary, and the board has expressed gratitude for Ms. Freeman’s contributions.