Venus Metals Corporation Limited (VMC) AI Stock Analysis

• Market Cap: AU$19.42M
• Dividend Yield: N/A
• Average Volume (3M): 54.05K
• Price to Earnings (P/E): 0.7
• Beta (1Y): -0.56
• Revenue Growth: N/A
• EPS Growth: -115.48%
• Country: AU
• Employees: 3,300
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 196,128,680
• 10 Day Avg. Volume: 70,906
• 30 Day Avg. Volume: 54,048
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The overall score reflects significant financial instability and weak technical indicators. The company's strong equity position is overshadowed by operational challenges, a negative P/E ratio, and a lack of dividend yield, making this stock less attractive for investors.

Venus Metals Corporation Limited Business Overview & Revenue Model

Company Description

Venus Metals Corporation Limited engages in the exploration of mineral tenements in Western Australia. It primarily explores for gold, base metals, vanadium, rare earths, and platinum-group elements. The company holds a 100% interest in the Youanmi gold project located in the northeast of the city of Perth. It also holds interests in the Sandstone Bell Chambers gold project; the Youanmi platinum-base metals project; the Youanmi vanadium project; the Henderson gold-nickel project; and the Bridgetown East nickel-copper-PGE project situated in Bridgetown East, Western Australia. The company was incorporated in 2006 and is based in Subiaco, Australia.

How the Company Makes Money

Venus Metals Corporation Limited generates revenue primarily through the exploration and development of mineral resources, which involves identifying and assessing potential mining sites for commercially viable deposits. The company makes money by advancing these projects to a stage where they can either be sold or joint ventured with larger mining companies. This can include selling exploration rights, entering into joint ventures, or receiving royalties from developed mines. Significant partnerships with other mining companies or investment groups can contribute to its earnings by providing funding for exploration activities and sharing the financial risk involved in mineral exploration. Additionally, VMC may receive government grants or incentives aimed at encouraging mineral exploration and resource development in Australia.

Venus Metals Corporation Limited Financial Statement Overview

Summary

Venus Metals Corporation Limited's financial performance is marked by significant volatility. The income statement shows a volatile revenue trend with profitability concerns. The balance sheet is strong, with minimal debt and a high equity ratio, but cash flow remains a challenge with ongoing cash burn.

Income Statement

Venus Metals Corporation Limited has shown a volatile revenue trend, with a significant revenue decline followed by minor improvements. The gross profit margin is stable at 100%, but profitability remains a concern with negative net and EBIT margins. The net income saw a significant swing to a positive figure in the latest year due to extraordinary items, not operational performance.

Balance Sheet

The balance sheet shows strong equity with minimal debt, reflected in a low debt-to-equity ratio. However, the equity ratio is high, which indicates a solid financial structure. The return on equity is positive but driven by non-recurring income, suggesting potential instability in core operations.

Cash Flow

Cash flow from operations is negative, indicating ongoing cash burn, but free cash flow has improved slightly. The operating cash flow to net income ratio is negative, reflecting the volatility in earnings. Free cash flow to net income ratio is also negative, indicating challenges in generating cash from operations relative to earnings.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	33.53K	46.08K	1.03K	137.25K	250.66K
Gross Profit	33.53K	-24.37K	-65.25K	48.40K	234.52K
EBITDA	-4.37M	-5.09M	-6.48M	-4.72M	-3.54M
Net Income	29.47M	-5.15M	-7.35M	-3.01M	465.77K
Balance Sheet
Total Assets	26.07M	9.28M	9.39M	12.10M	13.26M
Cash, Cash Equivalents and Short-Term Investments	701.97K	5.08M	6.48M	6.73M	8.34M
Total Debt	50.47K	27.17K	27.17K	53.12K	119.01K
Total Liabilities	424.04K	7.16M	5.01M	2.49M	946.16K
Stockholders Equity	25.64M	2.12M	4.38M	9.61M	12.31M
Cash Flow
Free Cash Flow	-2.79M	-3.97M	-3.90M	-2.95M	-2.14M
Operating Cash Flow	-2.77M	-3.35M	-3.86M	-2.89M	-1.93M
Investing Cash Flow	-125.20K	-653.04K	2.61M	4.63M	-1.56M
Financing Cash Flow	93.36K	2.03M	2.03M	-13.52K	6.27M

Venus Metals Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VMC, the sentiment is Negative. The current price of 0.1 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.11, and above the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.64 is Neutral, neither overbought nor oversold. The STOCH value of 54.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VMC.

Venus Metals Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.08B	5.95	0.94%	3.00%	3.04%	-41.02%
VMC	45 Neutral	AU$19.42M	0.73	-21.57%	―	―	-115.48%
TOEYF	―	$15.00M	―	-31.54%	―	―	―
RML	44 Neutral	AU$71.68M	―	-200.54%	―	―	-620.20%
CWX	40 Neutral	AU$19.60M	―	-7.62%	―	-20.95%	-38.60%
RTR	32 Underperform	AU$31.38M	―	-8.44%	―	―	20.00%
SHN	32 Underperform	AU$22.96M	―	-47.04%	―	―	-30.23%

Venus Metals Corporation Limited Corporate Events

Venus Metals Advances Exploration Projects with New Drilling and Research Initiatives

Venus Metals Corporation Limited reported significant progress in its Sandstone (Bellchambers) Gold Project with the completion of 17 RC holes and the granting of a mining lease for the Bellchambers deposit. The company also initiated a collaborative research project with CSIRO to enhance exploration techniques. Additionally, a diamond drilling program was completed at the Youanmi Base Metals Project, with assays pending, indicating ongoing efforts to expand their resource base.

Venus Metals Advances Bellchambers Gold Project with New Mining Lease

Venus Metals Corporation Limited has announced the granting of the Bellchambers mining lease, which covers a significant gold deposit. This development is a crucial step towards the potential exploitation of the Bellchambers gold deposit, with plans for further metallurgical testing and resource estimation to optimize open pit mining. The company is actively working on a Mining Development and Closure Proposal to secure final mining approvals, which could enhance its position in the gold mining sector.

Venus Metals Initiates EIS Co-Funded Drilling at Pincher Copper Project

Venus Metals Corporation Limited has commenced diamond drilling at its Pincher Copper Project, co-funded by an EIS drilling grant. This initiative, involving Terra Drilling Pty Ltd, includes multiple campaigns targeting copper and zinc at the Youanmi Base Metals Project, as well as gold at the Bellchambers Gold Project. The drilling aims to explore significant anomalies and gather metallurgical samples, potentially enhancing Venus Metals’ resource base and strengthening its position in the mining sector.

Venus Metals Reports Promising Drilling Results at Bellchambers Gold Deposit

Venus Metals Corporation Limited has reported promising results from its recent reverse circulation drilling program at the Bellchambers Gold Deposit and Rangeview prospects in Western Australia. The drilling, which included 34 holes totaling 1749 meters, aimed to confirm and infill known mineralization areas, resulting in intersections that met expectations. This progress will facilitate an updated Mineral Resource Estimate (MRE) and potential mine development at Bellchambers, with a focus on near-surface oxide mineralization. The company plans to conduct further diamond drilling to support development options.

Helmsmen Limited Acquires Substantial Stake in Venus Metals

Venus Metals Corporation Limited has announced that Helmsmen Limited has become a substantial holder in the company, acquiring a 10.20% voting power through the purchase of 20,000,000 ordinary shares. This acquisition, valued at $2,000,000, signifies a significant stake in the company, potentially impacting its operations and market positioning by bringing in new strategic interests and possibly influencing future decisions.

Venus Metals Sees Significant Shareholder Change as Pazifik Pty Ltd Sells Stake

Venus Metals Corporation Limited announced that Pazifik Pty Ltd has ceased to be a substantial holder in the company following an off-market sale of 20,000,000 ordinary shares, representing a 10.20% voting interest. This change reflects a significant shift in the company’s shareholder structure, potentially impacting its market positioning and stakeholder dynamics.

Venus Metals Secures Government Grant for Pincher Copper Project Drilling

Venus Metals Corporation Limited has announced that its subsidiary, Redscope Enterprises Pty Ltd, has secured a grant from the Western Australian Government’s Co-Funded Exploration Incentive Scheme for diamond drilling at the Pincher Copper Project. The grant will cover up to $52,500, contributing to 50% of the drilling and mobilization costs. This initiative aims to explore a significant anomaly detected through recent surveys, potentially impacting the company’s strategic positioning in the base metals sector.