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:53Neutral
Price Target:
AU$3.50
â–˛(69.08% Upside)
Action:Reiterated
Date:05/23/26
The score is held back primarily by weak financial performance (limited revenue, ongoing losses, and significant cash burn) and unhelpful valuation signals due to negative earnings and no dividend data. These are partially offset by strong technical momentum with price trading well above key moving averages and supportive MACD/RSI readings.
Positive Factors
Low Leverage / Conservative Capital Structure
Very low debt relative to equity materially reduces near-term solvency risk and gives management financial flexibility. Over the next several months this conservatism lowers default risk, eases negotiations with lenders/investors, and provides time to execute a revenue plan without imminent debt pressure.
Negative Factors
Pre-revenue / Zero Recurring Revenue
Multiple years with no meaningful revenue indicate the business has not reached commercial scale. This structural deficiency prevents margin development and operational self-sufficiency, making long-term viability dependent on proving monetization and securing external capital to bridge the gap.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Conservative Capital Structure
Very low debt relative to equity materially reduces near-term solvency risk and gives management financial flexibility. Over the next several months this conservatism lowers default risk, eases negotiations with lenders/investors, and provides time to execute a revenue plan without imminent debt pressure.
Read all positive factors
Viridis Mining and Minerals Limited (VMM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$384.51M
Dividend YieldN/A
Average Volume (3M)1.04M
Price to Earnings (P/E)―
Beta (1Y)1.91
Revenue GrowthN/A
EPS Growth65.66%
CountryAU
Employees1
SectorBasic Materials
Sector Strength58
IndustryCoal
Share Statistics
EPS (TTM)-0.04
Shares Outstanding129,465,700
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 Upside90.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.05
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
2.07
Price Trends
2.33
Positive
2.10
Positive
1.73
Positive
Market Momentum
0.18
Negative
71.75
Negative
79.27
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 2.07 is below the 20-day moving average (MA) of 2.74, below the 50-day MA of 2.33, and above the 200-day MA of 1.73, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 71.75 is Negative, neither overbought nor oversold. The STOCH value of 79.27 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% | |
53 Neutral | AU$384.51M | -11.28 | -9.26% | ― | ― | 65.66% | |
| ― | AU$4.55M | -0.10 | ― | ― | ― | ― | |
47 Neutral | AU$18.98M | -1.17 | 366.05% | ― | ― | 90.80% | |
44 Neutral | AU$35.61M | -22.48 | -2.75% | ― | ― | 23.81% | |
44 Neutral | AU$114.82M | -0.96 | -41.52% | ― | -6.64% | -2196.77% | |
43 Neutral | AU$53.95M | -4.99 | 22.56% | ― | 10.16% | 60.40% |
* Basic Materials Sector Average
AU:VMM
Viridis Mining and Minerals Limited
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3.05
1068.42%
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Viridis Mining and Minerals Limited Corporate Events
Viridis Mining and Minerals Seeks Quotation for Additional 200,000 Shares
May 22, 2026
Viridis Mining and Minerals Limited has applied for quotation of 200,000 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of December 16, 2025. The shares arise from the exercise or conversion of existing op...
Viridis Issues 1.28 Million Unquoted Performance Rights Under Incentive Plan
May 21, 2026
Viridis Mining and Minerals has issued 1,275,000 unquoted performance rights under its employee incentive scheme, according to a new Appendix 3G filing. The performance rights, which will not be quoted on the ASX, were granted on May 21, 2026, and...
Viridis Mining and Minerals Calls June General Meeting, Pushes Electronic Communication
May 12, 2026
Viridis Mining and Minerals has called a general meeting of shareholders for 10 a.m. AWST on 11 June 2026 at the Boorloo Room, Palace Towers, 108 St Georges Terrace in Perth, underscoring its ongoing engagement with investors. The company is movin...
Viridis Director Converts $400,000 in Options to Shares
May 7, 2026
Viridis Mining and Minerals has reported a change in the holdings of director Jose Carlos Guedes Rosado, who has converted options into equity. Rosado exercised 200,000 unquoted options at an exercise price of $2.00 each, resulting in the acquisit...
Viridis issues 200,000 new shares on option exercise under cleansing notice
May 7, 2026
Viridis Mining and Minerals Limited has issued 200,000 fully paid ordinary shares following the exercise of options, adding to its existing class of securities quoted on the Australian Securities Exchange. The issuance was conducted without a pros...
Viridis Mining and Minerals Seeks Quotation for Additional ASX Shares
May 7, 2026
Viridis Mining and Minerals has applied for quotation of 200,000 new ordinary fully paid shares on the Australian Securities Exchange, expanding its listed securities on issue. The additional shares arise from the conversion of options or other co...
Viridis Mining and Minerals Appoints New Director With No Current Shareholding
May 3, 2026
Viridis Mining and Minerals Limited has appointed Geoffrey Ralph Bedford as a director effective 1 May 2026, according to a filing with the ASX. The company disclosed that Bedford currently holds no relevant interest in the company’s securit...
Viridis Mining and Minerals Discloses Final Director Interest After Board Exit
May 3, 2026
Viridis Mining and Minerals Limited has announced that director Timothy Joseph Harrison has ceased to be a director effective 1 May 2026. A final director’s interest notice lodged with the ASX records that Harrison holds 250,000 fully paid o...
Viridis Advances Colossus Rare Earth Project and Bolsters Funding Ahead of Key Milestones
Apr 30, 2026
Viridis reported substantial progress at its Colossus Rare Earth Project during the March 2026 quarter, including full delivery and installation of equipment for its mixed rare earth carbonate demonstration plant and continued advancement of the d...
Viridis Mining and Minerals Plans Issue of 150,000 Performance Rights
Apr 27, 2026
Viridis Mining and Minerals has notified the market of a proposed issue of up to 150,000 performance rights under ASX listing rules. The performance rights, trading under the code VMMAF, are scheduled for issue on 19 November 2026 as part of a pla...
Viridis Taps Former Neo and Molycorp Chief to Steer Colossus Rare Earths Push
Apr 27, 2026
Viridis Mining and Minerals has strengthened its board with the appointment of former Neo Performance Materials and Molycorp chief executive Geoff Bedford as an independent non-executive director, following the retirement of Tim Harrison. The move...
Viridis Director Increases Equity Stake Through Option Exercise
Apr 13, 2026
Viridis Mining and Minerals Limited has disclosed a change in director Timothy Joseph Harrison’s indirect interests in the company’s securities, held through Timel Holdings Pty Ltd. The notice outlines adjustments to his holdings of fu...
Viridis Mining and Minerals Seeks Quotation for Additional ASX Shares
Apr 10, 2026
Viridis Mining and Minerals has applied for quotation on the ASX of 200,000 additional ordinary fully paid shares. The new securities, issued on April 10, 2026, modestly increase the company’s listed share capital and may provide incremental...
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 ...
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.