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Venus Metals Corporation Limited
(Sydney:VMC)
Venus Metals Corporation Limited (VMC) vs. iShares MSCI Australia ETF (EWA)
Venus Metals Corporation Limited Business Overview & Revenue Model
Venus Metals Corporation Limited Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 261.39K | 33.53K | 46.08K | 1.03K | 137.25K |
| Gross Profit | 261.39K | 33.53K | -24.37K | -65.25K | 48.40K |
| EBITDA | -2.39M | -4.34M | -5.09M | -6.48M | -4.72M |
| Net Income | -114.25K | 29.47M | -5.15M | -7.35M | -3.01M |
Balance Sheet | |||||
| Total Assets | 42.28M | 26.07M | 9.28M | 9.39M | 12.10M |
| Cash, Cash Equivalents and Short-Term Investments | 16.24M | 701.97K | 5.08M | 6.48M | 6.73M |
| Total Debt | 26.34K | 50.47K | 6.70M | 27.17K | 53.12K |
| Total Liabilities | 436.60K | 424.04K | 7.16M | 5.01M | 2.49M |
| Stockholders Equity | 41.84M | 25.64M | 2.12M | 4.38M | 9.61M |
Cash Flow | |||||
| Free Cash Flow | -2.41M | -2.79M | -3.97M | -3.90M | -2.95M |
| Operating Cash Flow | -2.41M | -2.77M | -3.35M | -3.86M | -2.89M |
| Investing Cash Flow | 1.55M | -125.20K | -653.04K | 2.61M | 4.63M |
| Financing Cash Flow | 449.79K | 93.36K | 2.03M | 2.03M | -13.52K |
Venus Metals Corporation Limited Technical Analysis
Venus Metals Corporation 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% | |
55 Neutral | AU$73.82M | -3.85 | -21.74% | ― | ― | -145.28% | |
54 Neutral | AU$60.14M | -6.23 | -36.26% | ― | ― | -1.26% | |
52 Neutral | AU$42.48M | 3.97 | -0.34% | ― | ― | -100.38% | |
52 Neutral | AU$72.17M | -21.54 | -15.05% | ― | ― | 76.36% | |
45 Neutral | AU$125.21M | -1.02 | -200.54% | ― | ― | -620.20% |
Venus Metals Corporation Limited Corporate Events
Venus Metals Corporation Limited has issued a second supplementary target’s statement in response to QGold Pty Ltd’s revised on-market takeover bid for all Venus shares it does not already own or control. Despite QGold increasing its offer price from A$0.17 to A$0.21 per share, declaring the offer last and final, and extending the offer period to 30 January 2026, the Venus board continues to unanimously advise shareholders to reject the bid by taking no action. Concurrently, Venus released its interim financial report for the half-year to 31 December 2025, including an updated independent valuation of its key royalty asset and an overview of its financial position, information that may influence shareholder assessment of the adequacy of QGold’s offer and underscores the board’s view that the bid does not reflect the company’s underlying asset value.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited has released its half-year financial report for the period ended 31 December 2025, outlining its corporate structure, governance, and key service providers including auditors, solicitors, and share registry. The report confirms the company’s ongoing compliance with Australian Securities Exchange requirements and highlights the established corporate framework that supports its exploration and development activities, providing stakeholders with transparency on the company’s operational and administrative foundations.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
QGold Pty Ltd has issued a first supplementary bidder’s statement for its on-market takeover bid for all Venus Metals Corporation Limited shares it does not already own, confirming an increase in the offer price from A$0.17 to A$0.21 per share and an extension of the offer period to 4:00pm (Sydney time) on 30 January 2026. QGold has characterised the A$0.21 bid as its “last and final” price and stated it will not extend the offer beyond the new closing date other than as required under the Corporations Act, signalling a clear timetable and pricing ceiling for Venus Metals shareholders as they weigh whether to tender into the offer amid the bidder’s expanded funding capacity and existing substantial holding in the company.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
QGold Pty Ltd, through broker Ord Minnett, has varied its unconditional on-market all-cash takeover offer for all Venus Metals Corporation Limited shares it does not already own, raising the bid price from $0.17 to $0.21 per share and declaring this its last and final price. The offer period has also been extended to 4:00pm Sydney time on 30 January 2026, with no further extensions expected beyond legal requirements, signalling a firmer closing timetable for Venus Metals shareholders considering whether to accept the improved bid.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals has issued a first supplementary target’s statement in response to QGold Pty Ltd’s on-market takeover bid, providing an updated independent valuation of its Sandstone (Bellchambers) Gold Project and reiterating its opposition to the offer. Independent valuer Templar Corporate has assigned a preferred valuation of $4.39 million to the Sandstone (Bellchambers) project, within a range of $3.46 million to $4.89 million as at 31 December 2025, and the board continues to unanimously advise shareholders to reject QGold’s bid, arguing the offer was made at a nil premium and that Venus shares have been trading above the offer price on the ASX.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited has provided additional technical information supporting the recently defined exploration target at its Bellchambers gold deposit, clarifying the geological basis, data inputs and assumptions used to comply with JORC clause 17 requirements. The company explains that the exploration target is underpinned by an existing drill-hole database and previously reported Mineral Resource Estimate, with the Bellchambers geological data used to guide but not directly feed into the new target calculations, and outlines parameters such as a 240-metre strike length and depth extension to approximately 250 metres below surface. Venus also details its planned drilling program near the exploration target area, which is designed to test and validate the conceptual target, with results expected to refine the current block model and potentially expand the known resource base at Bellchambers, signalling ongoing efforts to grow its gold inventory at Sandstone.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation has defined an exploration target beneath the existing Bellchambers Gold Deposit, 25 kilometres south of Sandstone, highlighting potential additional mineralisation at depth beyond the current mineral resource estimate of 766,000 tonnes at 1.27 g/t gold for 31,400 ounces. The new conceptual exploration target, prepared by Widenbar and Associates in accordance with the JORC 2012 Code, is estimated at 800,000 to 950,000 tonnes grading 1.75 to 2.00 g/t gold for 45,000 to 60,000 ounces, based on historical and recent drilling that indicates two main mineralised zones with about 15 metres true thickness; while still requiring further drilling to be converted into a formal resource, the target underscores the potential for underground extensions that could enhance the scale and future development prospects of the Bellchambers project.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals has issued an addendum to correct and formally incorporate the updated August 2025 mineral resource table for the Sandstone (Bellchambers) gold deposit and Rangeview prospect into its recent announcements on the Bellchambers project and 2026 plans. The clarified figures follow an April 2025 reverse circulation drilling program that significantly increased the measured resource at Bellchambers, defined an initial resource at the nearby Rangeview prospect, and underpinned a global optimised-pit resource of 437,500 tonnes at 1.36 g/t gold for 19,130 ounces, reported at a 0.5 g/t cut-off and constrained by a A$4,500/oz pit shell. With the mining lease M57/671 now granted over Bellchambers and Rangeview and key consultants engaged to prepare a Mining Development and Closure Proposal, including environmental and hydrological studies and metallurgical test work, the company is moving the project further along the path toward potential development, reinforcing its growth pipeline in Western Australian gold.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals has commenced work on a 2026 pre-feasibility study for its Bellchambers Gold Project in Western Australia and has resolved to advance this to a full feasibility study, underpinned by a current mineral resource estimate of 754,000 tonnes at 1.27g/t gold for 30,800 ounces. Following the recent grant of a mining lease, the company is engaging consultants to prepare a mining development and closure proposal, planning further drilling at depth and regional exploration in FY2026 to potentially expand resources, and assessing ore processing options including a possible mine-gate sale to Rox Resources or haulage to third-party plants. Venus also highlighted that its upcoming half-year report, targeted for release on 12 January 2026, will include an updated independent valuation of its 1% net smelter royalty over the Youanmi Gold Project, while a completed CSIRO collaborative research program using advanced hyperspectral techniques is expected to deliver final results in early January, potentially generating new exploration targets at Bellchambers.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited announced that IGO Limited’s subsidiary has decided to advance to Stage 2 of the farm-in exploration at the Bridgetown-Greenbushes Project, with a $3 million expenditure commitment. This development allows the IGO Subsidiary to potentially increase its interest in the project to 70% by meeting the expenditure requirements. The extension of the Stage 2 farm-in period until November 2028 and the successful identification of significant soil anomalies highlight the project’s potential, enhancing VMC’s asset portfolio and industry positioning.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
QGold Pty Ltd has initiated an on-market takeover bid to acquire all fully paid ordinary shares of Venus Metals Corporation Limited (ASX:VMC) that it does not already own. The offer, detailed in a Replacement Bidder’s Statement lodged with the Australian Securities and Investments Commission, is set to close on January 16, 2026, unless extended or withdrawn. VMC shareholders are offered $0.17 cash per share, and the bid’s completion could significantly impact VMC’s market position and shareholder value.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited has released a target’s statement in response to an unsolicited takeover bid by QGold Pty Ltd for all the shares it does not already own. The Venus board unanimously recommends rejecting the offer, citing that it offers no premium and undervalues Venus’s assets, including its interests in the Youanmi Gold Project and Rox Resources Limited. Shareholders are advised to ignore the offer to maintain potential upside in Venus’s projects.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited is facing an on-market takeover bid by QGold Pty Ltd, which is offering $0.17 per share for all Venus shares not already owned or controlled by QGold. The directors of Venus Metals unanimously recommend rejecting this offer, advising shareholders to take no action. This recommendation is crucial as it may impact the company’s control and future strategic direction.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited has announced a change in the director’s interest, with Matthew Hogan acquiring 500,000 ordinary shares through the exercise of options. This transaction reflects an investment of $94,300, potentially indicating confidence in the company’s future performance and strategy. Such changes in director’s interests can impact stakeholder perceptions and may influence market dynamics around the company’s stock.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited issued a correction regarding its previous announcement about QGold Pty Ltd’s trading activities. The company clarified that QGold did not purchase shares above the offer price as previously stated, and no breach of market integrity rules occurred. This correction was based on new information received, ensuring transparency and compliance with disclosure obligations.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited has announced the quotation of 1,461,739 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 1, 2025. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing operations, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited is addressing a takeover bid from QGold Pty Ltd, which has offered to purchase all remaining shares at $0.17 each. However, QGold’s recent on-market purchase of Venus shares at prices above the offer may violate market integrity rules and contradicts their stated intentions. Venus is seeking clarification and advises shareholders to await the Target’s Statement before taking any action.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited announced the cessation of 15,638,261 securities due to the expiry of options or other convertible securities without exercise or conversion as of November 30, 2025. This cessation may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and market positioning.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited held its Annual General Meeting on November 28, 2025, where all resolutions were decided by poll. Notably, the adoption of the 2025 Remuneration Report faced significant opposition, with over 25% of votes against it, marking a ‘first strike’ under the Corporations Act 2001. Despite this, resolutions 2 to 8 were successfully carried, indicating overall shareholder support for the company’s strategic decisions and leadership.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited is the target of an on-market takeover offer by QGold Pty Ltd, which seeks to acquire all fully paid ordinary shares of the company that it does not already own. The offer, priced at $0.17 per share, is unconditional and can be accepted by selling shares on the ASX. This move could significantly impact Venus Metals’ market positioning and shareholder dynamics, as QGold aims to consolidate its control over the company.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited is the subject of an on-market takeover offer by QGold Pty Ltd, which seeks to acquire all fully paid ordinary shares not already owned by QGold. The offer is priced at $0.17 per share and is unconditional, allowing shareholders to sell their shares on the ASX immediately. This strategic move by QGold could significantly impact Venus Metals’ market positioning and shareholder value.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
QGold Pty Ltd has announced an on-market takeover bid for Venus Metals Corporation Limited, offering $0.17 cash per share for all fully paid ordinary shares not already owned by QGold or its associates. This move could significantly impact Venus Metals’ market positioning, as the acquisition aims to consolidate QGold’s stake in the company, potentially influencing shareholder dynamics and future strategic directions.
The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.
Venus Metals Corporation Limited has acknowledged an on-market takeover bid by QGold Pty Ltd for all its ordinary shares that QGold does not already own, at a price of $0.17 per share. The Venus board advises shareholders to take no action at this time, as the offer provides no premium over the last closing price of Venus shares. The board emphasizes that shareholders who sell now may miss out on any potential higher offers. The company highlights its strong asset portfolio, which includes significant holdings in Rox Resources and various mineral deposits, suggesting that these assets’ strategic importance will grow over time. QGold, holding a 26.40% voting power in Venus, has also shown interest in Rox Resources, indicating a strategic alignment in their investments.
Venus Metals Corporation Limited is the subject of an on-market takeover offer by QGold Pty Ltd, which aims to acquire all the ordinary shares it does not already own. The offer is priced at $0.17 per share and is unconditional, allowing shareholders to sell their shares on the ASX immediately, with cash receipt expected within two trading days. This move could significantly impact Venus Metals’ ownership structure and market positioning.
Venus Metals Corporation Limited is the target of an on-market takeover bid by QGold Pty Ltd, offering $0.17 cash per share for all fully paid ordinary shares not already owned by QGold or its associates. The bid, facilitated by Ord Minnett Ltd, is unconditional and will run from the announcement date until January 16, 2026, with the possibility of extension or withdrawal. This move could significantly impact Venus Metals’ market positioning and shareholder value, as QGold seeks to acquire up to 144,341,487 shares.
Venus Metals Corporation Limited has announced the upcoming expiry of 17.1 million unlisted options, each exercisable at $0.1886, scheduled to lapse on November 30, 2025. Stakeholders holding these options must exercise them by the deadline to convert them into fully paid ordinary shares, or they will automatically lapse, impacting the company’s capital structure and potentially influencing shareholder decisions.
Venus Metals Corporation Limited has issued a supplementary notice for its Annual General Meeting, scheduled for November 28, 2025, at The Celtic Club in West Perth. The notice introduces additional resolutions to be discussed, including the issuance of 750,000 Director Options to Mr. Peter Hawkins or his nominees, with specific terms and conditions. This move could potentially impact the company’s governance and shareholder dynamics, as the resolution involves key stakeholders and voting exclusions are specified for certain parties.
Venus Metals Corporation Limited has made significant progress in its various projects during the quarter ending September 30, 2025. At the Sandstone Gold Project, the updated Mineral Resource Estimate confirmed the potential for conventional gold processing with promising recovery rates. In the Bridgetown Greenbushes Exploration Project, Venus entered a joint venture with IGO, which has already met the initial earn-in requirements and identified a substantial Li-Ta-Nb-Cs anomaly. Additionally, the Youanmi Base Metals Project reported promising zinc and indium mineralization, with ongoing metallurgical testwork to further assess the findings. These developments enhance Venus Metals’ positioning in the mining sector, potentially impacting stakeholders positively through increased resource estimates and strategic partnerships.
Venus Metals Corporation Limited has announced the formation of a joint venture with IGO Limited’s subsidiary for the Bridgetown Greenbushes Exploration Project. IGO has met the initial earn-in requirements, acquiring a 51% interest by spending $3 million on exploration. The joint venture aims to explore and potentially expand the project, with IGO having the option to increase its stake to 70% by further investment. This development could enhance Venus Metals’ position in the exploration industry, potentially impacting stakeholders by advancing the project’s exploration and development.
Venus Metals Corporation Limited has announced its Annual General Meeting (AGM) scheduled for November 28, 2025, at The Celtic Club in West Perth, WA. Shareholders are encouraged to participate by attending in person, by proxy, or through a corporate representative. The company emphasizes the importance of lodging proxy forms by November 26, 2025, and provides options for shareholders to submit questions in advance. Updates regarding the meeting will be communicated via ASX announcements and the company’s website.