Viridis Mining and Minerals Limited (AU:VMM)
ASX:VMM
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Viridis Mining and Minerals Limited
(Sydney:VMM)
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Rating:51Neutral
Price Target:
AU$2.00
â–Ľ(-0.50% Downside)
Action:ReiteratedDate:03/03/26
The score is held down primarily by weak financial performance (pre-commercial revenue profile, ongoing losses, and significant cash burn) and an earnings-negative valuation profile. These are partly offset by strong technical momentum and a low-debt balance sheet that provides some financial flexibility.
Positive Factors
Low leverage / conservative capital structure
Very low debt reduces near-term solvency risk and preserves flexibility to pursue project development or raise structured financing. Over a 2-6 month horizon, low leverage materially lowers default risk and supports operational continuity while the company works toward commercialization.
Negative Factors
Pre-commercial, minimal recurring revenue
Absence of commercial revenue is a structural weakness: without recurring sales the business depends on external capital to fund operations and projects. Over 2-6 months this limits ability to self-fund growth and keeps the company exposed to financing and execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / conservative capital structure
Very low debt reduces near-term solvency risk and preserves flexibility to pursue project development or raise structured financing. Over a 2-6 month horizon, low leverage materially lowers default risk and supports operational continuity while the company works toward commercialization.
Read all positive factors
Viridis Mining and Minerals Limited (VMM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$254.90M
Dividend YieldN/A
Average Volume (3M)1.04M
Price to Earnings (P/E)―
Beta (1Y)2.43
Revenue GrowthN/A
EPS Growth77.26%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryCoal
Share Statistics
EPS (TTM)-0.03
Shares Outstanding129,065,700
10 Day Avg. Volume1,404,772
30 Day Avg. Volume1,041,747
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)1.23
Price to Sales (P/S)0.00
P/FCF Ratio-3.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.95Price Target Upside96.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.03
Revenue Forecast (FY)N/A
Viridis Mining and Minerals Limited Business Overview & Revenue Model
Company Description
Viridis Mining and Minerals Limited engages in the acquisition, development, exploration, and evaluation of mineral properties in Canada and Australia. It explores for gold, nickel, copper, and halloysite deposits, as well as platinum group elemen...
How the Company Makes Money
null...
Viridis Mining and Minerals Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
64
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 40.61K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -94.53K | -80.93K | 40.61K | -53.03K | -2.99K | 0.00 |
| EBITDA | -3.58M | -2.87M | -6.67M | -755.50K | -1.35M | -103.00 |
| Net Income | -3.42M | -2.66M | -8.31M | -814.23K | -1.35M | -116.48K |
Balance Sheet | ||||||
| Total Assets | 47.85M | 29.44M | 21.68M | 4.66M | 4.70M | 5.48M |
| Cash, Cash Equivalents and Short-Term Investments | 15.16M | 1.15M | 5.23M | 1.24M | 3.92M | 5.01M |
| Total Debt | 222.34K | 180.12K | 294.00K | 128.22K | 10.27K | 0.00 |
| Total Liabilities | 2.46M | 937.46K | 979.62K | 815.89K | 93.57K | 128.55K |
| Stockholders Equity | 45.39M | 28.51M | 20.70M | 3.84M | 4.60M | 5.35M |
Cash Flow | ||||||
| Free Cash Flow | -5.31M | -11.32M | -12.88M | -2.53M | -1.05M | -47.33K |
| Operating Cash Flow | -1.73M | -1.99M | -1.83M | -687.70K | -725.46K | -47.33K |
| Investing Cash Flow | -6.93M | -9.33M | -11.04M | -1.86M | -319.88K | 0.00 |
| Financing Cash Flow | 23.12M | 7.42M | 17.06M | -77.17K | 4.70M | 234.62K |
Viridis Mining and Minerals Limited Technical Analysis
Positive
2.01
Price Trends
2.03
Negative
1.65
Positive
1.42
Positive
Market Momentum
-0.04
Positive
50.23
Neutral
67.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VMM, the sentiment is Positive. The current price of 2.01 is above the 20-day moving average (MA) of 1.98, below the 50-day MA of 2.03, and above the 200-day MA of 1.42, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 50.23 is Neutral, neither overbought nor oversold. The STOCH value of 67.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:VMM.
Viridis Mining and Minerals 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% | |
51 Neutral | AU$254.90M | -11.28 | -10.31% | ― | ― | 77.26% | |
| ― | AU$4.55M | -0.10 | ― | ― | ― | -487.06% | |
49 Neutral | AU$167.67M | -0.96 | -41.52% | ― | -12.53% | -264.51% | |
46 Neutral | AU$17.66M | -1.17 | 366.05% | ― | ― | -57.46% | |
46 Neutral | AU$51.02M | -22.48 | -2.51% | ― | ― | 40.74% | |
41 Neutral | AU$72.29M | -4.99 | 24.31% | ― | -8.59% | 25.90% |
* Basic Materials Sector Average
AU:VMM
Viridis Mining and Minerals Limited
1.98
1.76
818.60%
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Viridis Mining and Minerals Limited Corporate Events
Viridis Mining and Minerals Issues New Shares in Compliant Capital Raise
Mar 25, 2026
Viridis Mining and Minerals Limited has issued 13,157,895 fully paid ordinary shares as part of a placement linked to a recently announced capital raising, expanding its quoted securities on the Australian Securities Exchange. The company confirme...
Viridis Mining and Minerals Seeks ASX Quotation for 13.2 Million New Shares
Mar 25, 2026
Viridis Mining and Minerals Limited has applied for quotation of 13,157,895 new ordinary fully paid shares on the ASX, with an issue date of March 25, 2026. The application, lodged as a new announcement under Appendix 2A, reflects the company̵...
Viridis Mining and Minerals Plans New Share Placement on ASX
Mar 17, 2026
Viridis Mining and Minerals Limited has notified the ASX of a proposed issue of up to 13,157,895 ordinary fully paid shares. The new securities are to be issued as part of a placement or similar capital-raising structure, with the proposed issue d...
Viridis Secures AU$25m to Fast-Track Colossus Rare Earth Project
Mar 17, 2026
Viridis Mining and Minerals has secured firm commitments for a heavily oversubscribed AU$25 million equity placement at AU$1.90 per share, driven by strong participation from new and existing global institutional investors, particularly in North A...
Viridis Mining and Minerals Seeks Trading Halt Ahead of Capital Raising Announcement
Mar 15, 2026
Viridis Mining and Minerals has requested a trading halt on its securities on the ASX, effective from 16 March 2026, as it prepares to release an announcement regarding a capital raising. Trading in VMM shares will remain suspended until either th...
Viridis widens half-year loss but boosts cash and net assets
Mar 13, 2026
Viridis Mining and Minerals reported a net loss after tax of $2.74 million for the half-year ended 31 December 2025, widening from a $1.98 million loss a year earlier, driven mainly by higher corporate and administration costs. The company cited i...
Viridis’ Colossus Rare Earth Project Joins Brazil’s Climate Investment Platform
Mar 9, 2026
Viridis Mining and Minerals’ Colossus Rare Earth Project in Brazil has been selected for inclusion in the Brazil Climate and Ecological Transformation Investment Platform, a government-backed initiative to channel international capital into ...
Viridis Investor Ceases Substantial Holding After Share Dilution
Feb 27, 2026
Viridis Mining and Minerals Limited has disclosed that investor Agha Shahzad Pervez has ceased to be a substantial holder in the company as of 25 February 2026. The change follows earlier dilution events linked to share issues that reduced the vot...
Viridis issues 5 million consideration shares under cleansing notice
Feb 24, 2026
Viridis Mining and Minerals Limited has issued 5,000,000 fully paid ordinary shares as consideration shares, following shareholder approval granted at its November 2025 annual general meeting. The new shares form part of the company’s existi...
Viridis Mining and Minerals Seeks ASX Quotation for 5 Million New Shares
Feb 24, 2026
Viridis Mining and Minerals Limited has applied for the quotation of 5,000,000 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 24 February 2026. The additional securities, issued as part of a previously ...
Viridis bolsters finance leadership as it advances toward key project decisions
Feb 9, 2026
Viridis Mining and Minerals has appointed experienced resources finance executive Ramon Soares as Chief Financial Officer, effective 11 March 2026, replacing John Tasovac after an orderly transition. The board credited Tasovac with advancing expor...
Viridis Mining and Minerals Discloses Final Director Interest Following Board Departure
Feb 2, 2026
Viridis Mining and Minerals Limited has announced that director Faheem Ahmed has ceased to be a director of the company as of 2 February 2026, triggering a final disclosure of his interests in the company’s securities. Ahmed’s holdings...
Viridis Mining and Minerals Appoints Marcus Leonardo Silberman as Director
Feb 2, 2026
Viridis Mining and Minerals Limited has appointed Marcus Leonardo Silberman as a director, effective 2 February 2026, and lodged an Initial Director’s Interest Notice with the ASX. The filing shows that Silberman currently holds no relevant ...
Viridis Director Faheem Ahmed Granted 100,000 Performance Rights
Feb 2, 2026
Viridis Mining and Minerals has disclosed a change in director Faheem Ahmed’s relevant interests in the company’s securities, following the issue of 100,000 performance rights to his associated entity, 925i Capital Pty Ltd. The perform...
Viridis Wins Key Environmental Permit and Secures Strategic Funding for Colossus Rare Earth Project
Jan 28, 2026
Viridis Mining and Minerals has cleared a major permitting hurdle at its Colossus Rare Earth Project in Brazil, securing approval of its environmental impact studies and the key Preliminary License from the State of Minas Gerais, which confirms en...
Viridis Bolsters Board with Veteran M&A Executive Ahead of Key Rare Earths Milestones
Jan 26, 2026
Viridis Mining and Minerals has appointed US-based investment banking veteran Marcus Silberman as a non-executive director, replacing retiring director Faheem Ahmed, in a move designed to bolster its governance and capital markets capabilities. Si...
Viridis Completes ECA-Led Debt Framework for Brazilian Colossus Rare Earths Project
Jan 5, 2026
Viridis Mining and Minerals has secured a non-binding, conditional Letter of Support of up to US$50 million from Export Finance Australia, completing its targeted export credit agency–led project debt framework for the Colossus Rare Earths P...
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.