Want to see AU:VMC full AI Analyst Report?
Top Page
Venus Metals Corporation Limited
(Sydney:VMC)
Select Model
Select Model
Rating:53Neutral
Price Target:
AU$0.25
▲(27.00% Upside)
Action:Reiterated
Date:08/04/26
The score is held back primarily by weak financial performance driven by ongoing operating losses and consistent negative operating/free cash flow. Technicals are moderately positive (uptrend vs key moving averages and positive MACD), and valuation looks inexpensive on P/E, but these are not enough to offset the cash-burn and profitability risks.
Positive Factors
Conservative leverage
Near-zero debt in 2025–2026 provides durable financial flexibility for an exploration company. Low leverage reduces interest burden, makes it easier to structure JV or farm-out deals, and preserves capacity to raise capital on favorable terms to advance projects without heavy fixed obligations.
Negative Factors
Persistent operating losses
Ongoing operating losses mean the business is not yet generating sustainable operating profits to fund exploration. Persistent losses increase dependence on capital raises, risk shareholder dilution, and limit the pace at which projects can be advanced without external funding or material changes to operating performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Near-zero debt in 2025–2026 provides durable financial flexibility for an exploration company. Low leverage reduces interest burden, makes it easier to structure JV or farm-out deals, and preserves capacity to raise capital on favorable terms to advance projects without heavy fixed obligations.
Read all positive factors
Venus Metals Corporation Limited (VMC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$51.57M
Dividend YieldN/A
Average Volume (3M)217.62K
Price to Earnings (P/E)4.5
Beta (1Y)-0.16
Revenue GrowthN/A
EPS Growth-2533.33%
CountryAU
Employees3,300
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding206,275,420
10 Day Avg. Volume251,055
30 Day Avg. Volume217,624
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)1.01
Price to Sales (P/S)116.35
P/FCF Ratio-20.69
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
Venus Metals Corporation Limited Business Overview & Revenue Model
Company Description
Venus Metals Corporation Limited operates as an exploration company, primarily targeting mineral deposits throughout Western Australia. Its core focus lies in the discovery of gold, base metals, vanadium, rare earths, and platinum-group elements (...
How the Company Makes Money
VMC’s ability to generate operating revenue is primarily tied to monetising mineral assets rather than selling finished products. Typical cash-generation pathways for a company of this type include: (1) progressing exploration projects to a stage ...
Venus Metals Corporation Limited Financial Statement Overview
Summary
Income Statement
23
Negative
Balance Sheet
68
Positive
Cash Flow
28
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 475.75K | 261.39K | 33.53K | 46.08K | 1.03K |
| Gross Profit | 475.75K | 261.39K | 33.53K | -24.37K | -65.25K |
| EBITDA | -4.22M | -2.39M | -4.34M | -5.09M | -6.48M |
| Net Income | -3.16M | -114.25K | 29.47M | -5.15M | -7.35M |
Balance Sheet | |||||
| Total Assets | 67.56M | 42.28M | 26.07M | 9.28M | 9.39M |
| Cash, Cash Equivalents and Short-Term Investments | 67.09M | 16.24M | 701.97K | 5.08M | 6.48M |
| Total Debt | 30.72K | 26.34K | 50.47K | 6.70M | 27.17K |
| Total Liabilities | 12.50M | 436.60K | 424.04K | 7.16M | 5.01M |
| Stockholders Equity | 55.06M | 41.84M | 25.64M | 2.12M | 4.38M |
Cash Flow | |||||
| Free Cash Flow | -2.68M | -2.41M | -2.79M | -3.97M | -3.90M |
| Operating Cash Flow | -2.67M | -2.41M | -2.77M | -3.35M | -3.86M |
| Investing Cash Flow | 50.09M | 1.55M | -125.20K | -653.04K | 2.61M |
| Financing Cash Flow | 418.57K | 449.79K | 93.36K | 2.03M | 2.03M |
Venus Metals Corporation 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% | |
53 Neutral | AU$51.57M | 4.51 | -5.21% | ― | ― | -2533.33% | |
49 Neutral | AU$54.71M | -2.28 | -41.37% | ― | -53.41% | 70.61% | |
47 Neutral | AU$51.20M | -18.18 | -10.33% | ― | 74.61% | 33.33% | |
44 Neutral | AU$31.83M | -6.61 | -27.39% | ― | ― | -510.00% | |
44 Neutral | AU$33.98M | -4.17 | -25.29% | ― | ― | -31.13% | |
44 Neutral | AU$35.75M | 52.50 | -71.61% | ― | ― | 11.76% |
* Basic Materials Sector Average
AU:VMC
Venus Metals Corporation Limited
0.26
0.17
214.81%
AU:PNN
PepinNini Minerals Limited
0.17
0.10
142.65%
AU:ZNC
Zenith Minerals Limited
0.10
0.05
118.18%
AU:CAV
Carnavale Resources Limited
0.09
<0.01
2.41%
AU:JLL
Jindalee Resources Limited
0.32
-0.13
-29.36%
AU:ARD
Argent Minerals Limited
0.02
<0.01
9.52%
Venus Metals Corporation Limited Corporate Events
Venus Metals Sets Out Governance and Corporate Infrastructure in 2026 Annual Report
Jul 31, 2026
Venus Metals Corporation Limited is an Australia-based resources company listed on the ASX under the code VMC. The firm is headquartered in Subiaco, Western Australia, and is governed by a board and company secretary supported by established legal...
Venus Metals Launches Resource-Expansion Drilling at Sandstone Bellchambers
Jul 6, 2026
Venus Metals Corporation has started a reverse circulation drilling program at its Sandstone (Bellchambers) Gold Project, where it holds a 90% interest in the key mining lease about 23 km southwest of Sandstone in Western Australia. The campaign i...
Venus Metals Director Boosts Shareholding Through Performance Rights Exercise
Jul 6, 2026
Venus Metals Corporation has disclosed a change in director Peter Charles Hawkins’ indirect interest in the company’s securities. The update, lodged with the ASX, details adjustments in holdings through Boronia Investments Pty Ltd, an ...
Venus Metals to Distribute Rox Shares and Plans $35m Cash Payout
Jul 5, 2026
Venus Metals Corporation Limited has declared a special in-specie dividend to distribute approximately 25 million Rox Resources Limited shares to its shareholders, equating to about 0.1212 Rox shares per Venus share based on the current register a...
Venus Metals Declares Cash Distribution to Shareholders
Jul 5, 2026
Venus Metals Corporation Limited has declared a cash distribution of AUD 0.046961 per ordinary fully paid share, payable on 17 July 2026 to shareholders on the register as of 10 July 2026. The distribution, which is not tied to a specific financia...
Major Shareholder Helmsmen Exits Substantial Holding in Venus Metals
Jul 3, 2026
Helmsmen Limited has ceased to be a substantial shareholder in Venus Metals Corporation Limited following an off-market sale of 20,000,000 ordinary shares. The transaction, valued at $6 million and representing 9.07% of Venus Metals’ voting ...
Venus Metals Expands ASX-Listed Share Base With New Issue
Jul 2, 2026
Venus Metals Corporation Limited has applied for quotation of 8,100,000 new ordinary fully paid shares on the ASX, expanding its listed securities base under code VMC. The issuance, dated July 3, 2026, reflects the conversion of options or other c...
Venus Metals Director Matthew Hogan Increases Indirect Shareholding
Jun 19, 2026
Venus Metals Corporation Limited has disclosed a change in director Matthew Hogan’s indirect interests, reflecting adjustments in his holdings through related entities and a self-managed superannuation fund. The update details his positions ...
Venus Metals Seeks ASX Quotation for 585,000 New Ordinary Shares
Jun 19, 2026
Venus Metals Corporation Limited has applied for the quotation of 585,000 additional ordinary fully paid shares on the ASX, to be issued on June 19, 2026. The new securities result from the exercise or conversion of existing options or other conve...
Venus Metals Sells Youanmi Gold Royalty for $46m and Plans Major Capital Return
May 29, 2026
Venus Metals Corporation has sold its 1.0% net smelter return royalty over gold production from the Youanmi Gold Project to Franco-Nevada Australia for $46 million in cash, with potential for an additional $1 million in deferred consideration. The...
Venus Metals Seeks ASX Trading Halt Ahead of Potential Asset Sale
May 29, 2026
Venus Metals Corporation Limited has requested a trading halt in its securities on the ASX as it finalises documentation for a potential asset sale transaction. Trading in VMC shares will remain halted until either the company releases an announce...
Glossary
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.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower 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.
Disclaimer
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.