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Viridis Mining and Minerals Limited
(Sydney:VMM)
Viridis Mining and Minerals Limited (VMM) vs. iShares MSCI Australia ETF (EWA)
Viridis Mining and Minerals Limited Business Overview & Revenue Model
Viridis Mining and Minerals Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 40.61K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -80.93K | 40.61K | -53.03K | -2.99K | 0.00 |
| EBITDA | -2.87M | -6.67M | -755.50K | -1.35M | -103.00 |
| Net Income | -2.66M | -8.31M | -814.23K | -1.35M | -116.48K |
Balance Sheet | |||||
| Total Assets | 29.44M | 21.68M | 4.66M | 4.70M | 5.48M |
| Cash, Cash Equivalents and Short-Term Investments | 1.15M | 5.23M | 1.24M | 3.92M | 5.01M |
| Total Debt | 180.12K | 294.00K | 128.22K | 10.27K | 0.00 |
| Total Liabilities | 937.46K | 979.62K | 815.89K | 93.57K | 128.55K |
| Stockholders Equity | 28.51M | 20.70M | 3.84M | 4.60M | 5.35M |
Cash Flow | |||||
| Free Cash Flow | -11.32M | -12.88M | -2.53M | -1.05M | -47.33K |
| Operating Cash Flow | -1.99M | -1.83M | -687.70K | -725.46K | -47.33K |
| Investing Cash Flow | -9.33M | -11.04M | -1.86M | -319.88K | 0.00 |
| Financing Cash Flow | 7.42M | 17.06M | -77.17K | 4.70M | 234.62K |
Viridis Mining and Minerals Limited Technical Analysis
Viridis Mining and Minerals 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% | |
51 Neutral | AU$270.07M | -13.13 | -10.82% | ― | ― | 77.26% | |
50 Neutral | AU$127.58M | -0.96 | -29.62% | ― | -12.53% | -264.51% | |
46 Neutral | AU$51.76M | -30.00 | -2.71% | ― | ― | 40.74% | |
40 Neutral | AU$17.66M | -0.33 | ― | ― | ― | -57.46% | |
39 Underperform | AU$77.68M | -4.69 | ― | ― | -8.59% | 25.90% | |
16 Underperform | AU$4.55M | -0.10 | ― | ― | ― | -487.06% |
Viridis Mining and Minerals Limited Corporate Events
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 voting power of Pervez and associated entities, including Agha Family Investment Pty Ltd and Sadaf Zahra.
The notice indicates that the reduction in substantial holding was not the result of direct share sales, but rather dilution from new share issuances that affected several related holders. While this does not alter the company’s operations, it signals a shift in the register and may slightly rebalance voting influence among remaining shareholders as Viridis continues to manage its capital structure.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 existing quoted class on the ASX and were issued without a prospectus, relying on disclosure exemptions under the Corporations Act.
The company stated it is up to date with its financial reporting and continuous disclosure obligations and confirmed there is no excluded information relevant to the new issuance under the Corporations Act provisions. This cleansing notice reassures investors that the additional shares can freely trade on the market and that the company remains compliant with Australian corporate and securities regulation.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 announced transaction, will expand the company’s listed share base and may influence its market liquidity and capital structure for existing and prospective investors.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 export credit agency-led project debt and strategic partner discussions, while positioning Soares to lead financing, capital structure optimisation and financial governance as the company moves toward a Final Investment Decision, definitive feasibility completion and eventual project execution in Brazil-focused operations.
The new CFO brings more than 15 years’ experience with ASX-listed companies operating in Brazil, including project finance, equity and debt funding, treasury and multi-jurisdictional reporting, which aligns closely with Viridis’ near-term priorities. His appointment is intended to strengthen the company’s financing strategy and execution pathway as it progresses ECA-led domestic and international debt processes, prepares for EPCM contracting, and transitions projects from study to construction and production, potentially enhancing Viridis’ readiness for large-scale development and its positioning in the critical minerals sector.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 at the time of his departure comprised 30,000 fully paid ordinary shares held directly, along with indirect interests through 925i Capital Pty Ltd in 528,513 fully paid ordinary shares and 100,000 performance rights expiring on 16 December 2028, underscoring a significant ongoing economic exposure to Viridis despite his board exit and providing transparency for investors under ASX listing rules.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 interests in the company’s securities or related contracts, indicating his board role begins without an equity position, which may be closely watched by investors assessing future alignment of management and shareholder interests.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 performance rights, which expire on 16 December 2028 and were approved at the company’s Annual General Meeting on 24 November 2025, increase Ahmed’s indirect holdings and form part of the company’s equity-based remuneration structure, further aligning the director’s interests with those of shareholders without immediate cash consideration.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 environmental viability and materially de-risks the development timeline toward construction targeted for the second half of 2026. The license covers the company’s enlarged northern concessions hosting a 215Mt mineral resource with some of the highest recorded Dy-Tb oxide grades in the district, while a suite of financing advances—including support letters from multiple export credit agencies and the commencement of a US$30 million strategic equity investment from Brazilian asset managers ORE and Régia—together with the appointment of a seasoned capital markets non-executive director, strengthen Viridis’ funding pathway, strategic positioning and execution capacity as it moves toward a final investment decision.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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. Silberman brings nearly three decades of global equity financing and M&A experience, including extensive mining and natural resources advisory work in Latin America and Brazil, aligning closely with Viridis’ Colossus rare earths project. His arrival coincides with a critical execution phase for the company, following the granting of an environmental preliminary licence and completion of an export credit agency-led project debt framework, as Viridis advances towards a final investment decision in the second half of 2026 and intensifies negotiations with strategic equity and offtake partners.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
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 Project. Together with prior support indications from Export Development Canada, Bpifrance and Brazil’s BNDES, the new backing fills out the project’s anticipated debt envelope relative to its pre-feasibility capital cost estimates, enabling Viridis to move ahead with appointing a mandated lead arranger and to begin coordinated due diligence with participating lenders. The financing progress, combined with the recent grant of an Environmental Preliminary Licence in Minas Gerais and a previously executed US$30 million strategic equity investment with ORE Investments and Régia Capital, strengthens Colossus’s path toward full funding, advanced talks with strategic equity and offtake partners, and a planned final investment decision in the second half of 2026, reinforcing its standing as a globally significant rare earth development aligned with international critical minerals strategies.
The most recent analyst rating on (AU:VMM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
Viridis Mining and Minerals has secured approval of its Environmental Impact Assessment and Report and been granted the key Preliminary License by the State of Minas Gerais for its Colossus Rare Earth Project, formally confirming the project’s environmental feasibility and design. As the most complex and time-intensive stage of Brazil’s three-step environmental licensing process, this approval materially de-risks development, clears the pathway for the Installation License, and strengthens Viridis’ ability to advance mine planning on its enlarged northern concessions, engage with offtake partners and financiers, and progress toward a final investment decision and construction start targeted for the second half of 2026, with operations planned to begin in 2028.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
Viridis Mining and Minerals Limited announced a change in the director’s interest, with Agha Shahzad Pervez acquiring additional securities through indirect means. This acquisition, part of the director’s participation in a recent placement and performance rights issuance, reflects strategic moves to strengthen the company’s leadership stake and align with its growth objectives.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
Viridis Mining and Minerals Limited announced the issuance of 1,200,000 unquoted performance rights as part of previously disclosed transactions. This move reflects the company’s ongoing efforts to manage its equity structure and incentivize performance, potentially impacting its operational strategies and stakeholder interests.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
Viridis Mining and Minerals Limited announced the issuance of 274,726 fully paid ordinary shares following shareholder approval at their annual general meeting. This move, executed without disclosure under specific provisions of the Corporations Act 2001, signifies compliance with relevant legal requirements and reflects the company’s strategic efforts to enhance its capital structure.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
Viridis Mining and Minerals Limited announced the application for quotation of 274,726 ordinary fully paid securities on the ASX, with the issue date set for December 16, 2025. This move is part of the company’s strategic efforts to enhance its financial standing and operational capacity, potentially impacting its market position and providing new opportunities for stakeholders.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.
Viridis Mining and Minerals Limited has made significant progress in obtaining environmental licensing for its Colossus Project in Brazil. The Minas Gerais State Environmental Foundation has issued a favorable technical assessment, recommending the granting of a Preliminary License, a critical step towards the project’s development. This development reinforces the project’s environmental robustness and positions Viridis to proceed with the Installation License application following anticipated approval. The company’s proactive engagement with environmental authorities and stakeholders underscores its commitment to advancing the Colossus Project, potentially enhancing its position in the resource exploration industry.
The most recent analyst rating on (AU:VMM) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Viridis Mining and Minerals Limited stock, see the AU:VMM Stock Forecast page.