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Astro Resources NL
(Sydney:VMS)
Astro Resources NL (VMS) vs. iShares MSCI Australia ETF (EWA)
Astro Resources NL Business Overview & Revenue Model
Astro Resources NL Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.22K | 6.22K | 94.71K | 94.93K | 8.09K | 6.22K |
| Gross Profit | 6.22K | 6.22K | 94.71K | 19.11K | 616.00 | -21.10K |
| EBITDA | -1.83M | -1.83M | -1.80M | -9.01M | -1.11M | -766.69K |
| Net Income | -2.89M | -2.89M | -4.02M | -9.11M | -17.76M | -11.75M |
Balance Sheet | ||||||
| Total Assets | 21.24M | 21.24M | 3.40M | 4.73M | 11.13M | 16.01M |
| Cash, Cash Equivalents and Short-Term Investments | 314.20K | 314.20K | 1.64M | 3.14M | 9.43M | 9.49M |
| Total Debt | 80.88K | 80.88K | 151.46K | 34.38K | 68.08K | 0.00 |
| Total Liabilities | 1.08M | 1.08M | 2.54M | 1.63M | 2.17M | 4.49M |
| Stockholders Equity | 20.16M | 20.16M | 861.01K | 3.10M | 8.97M | 11.52M |
Cash Flow | ||||||
| Free Cash Flow | -4.79M | -4.79M | -6.01M | -9.30M | -19.97M | -11.17M |
| Operating Cash Flow | -1.02M | -1.02M | -1.35M | -8.62M | -6.14M | -4.74M |
| Investing Cash Flow | -3.57M | -3.57M | -4.58M | -671.66K | -9.11M | -6.43M |
| Financing Cash Flow | 4.55M | 4.55M | 3.04M | 3.00M | 15.19M | 19.69M |
Astro Resources NL Technical Analysis
Astro Resources NL 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% |
Astro Resources NL Corporate Events
Venari Minerals has received the final assay results from its October 2025 reverse circulation drilling campaign at the Red Mountain Lithium Project in Nevada, confirming multiple high-grade lithium intersections over more than 1km of strike in the project’s northern area. With the drill-hole dataset now complete, the company has begun work on a maiden Mineral Resource Estimate, which it expects to release within three weeks, positioning Red Mountain as one of the largest emerging lithium projects in North America at a time of rebounding lithium prices and forecast supply deficits that could enhance the project’s strategic and commercial appeal.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL announced the issuance of 1,950,000 fully paid ordinary shares as part of a binding option agreement to acquire property and water rights in Railroad Valley, Nevada. This move is part of the company’s strategy to expand its asset base, potentially enhancing its market position and operational capabilities.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL has announced the issuance of 1,950,000 ordinary fully paid securities as part of a binding Option Agreement to acquire a property and private water rights in Railroad Valley, Nevada. This strategic move aims to strengthen the company’s asset base and operational capacity, potentially impacting its market positioning and stakeholder interests positively.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL has announced exceptional results from its October drilling campaign at the Red Mountain Project, with drill-hole RMRC013 revealing the highest-grade lithium intersection to date. This discovery strengthens the high-grade core in the Northern Area of the deposit, potentially enhancing the project’s value. The company anticipates further assay results soon, which will contribute to a maiden Mineral Resource Estimate in early 2026, amid improving market conditions for lithium.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL, listed on the ASX under the ticker VMS, has announced the establishment of a share sale facility aimed at assisting shareholders holding less than a marketable parcel of shares, valued under $500, to sell their shares without incurring brokerage fees. This initiative is designed to reduce the administrative costs associated with maintaining numerous small shareholdings, and the company will cover all sale costs except for tax implications. Shareholders who do not wish to participate must submit a retention form by February 6, 2026. Director Tony Leibowitz and his associated entity intend to participate as purchasers in this process.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL has reported promising assay results from its Red Mountain Lithium Project in Nevada, indicating high-grade lithium mineralization in the northern area. The results from the October 2025 drilling campaign, particularly from drill-holes RMRC014 and RMRC015, show significant lithium concentrations, reinforcing confidence in the project’s potential. These findings are crucial as they contribute to the forthcoming maiden Mineral Resource Estimate, marking a significant milestone for the company. The final assay results are expected soon, which will allow the company to advance its resource estimation efforts.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL has entered into a binding Option Agreement to secure private property and water rights near its Red Mountain Lithium Project in Nevada. This strategic move is crucial for the project’s development, given the region’s water scarcity, and represents a significant milestone in de-risking the project. The transaction involves favorable terms with a payment to American Battery Technology Company, and the agreement includes provisions for relocating the water rights closer to the project site. This acquisition is part of Venari’s broader strategy to advance the Red Mountain Project, alongside ongoing metallurgical testing and resource estimation efforts.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL has announced the results of its September 2025 Reverse Circulation drilling campaign at the Needles Gold Project in Nevada, USA. The drilling results indicate the potential for a large-scale epithermal discovery, with anomalous zones of gold and silver identified, particularly at the Whopper Junior Prospect. Despite not achieving economic grades, the findings suggest deeper drilling could unlock significant potential, drawing parallels with the world-class Pajingo deposit in Queensland. The company is re-processing geophysical data to guide future exploration, with plans for further work in early 2026.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Astro Resources NL has announced a change in the director’s interest notice for Matthew James Healy, involving a consolidation of issued capital. The consolidation, approved at the company’s general meeting, involves converting every 10 shares, options, and performance rights into one, impacting the number of securities held by Healy and HS-Healy Pty Ltd.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Astro Resources NL has announced a change in the director’s interest notice for Vincent Fayad, reflecting a consolidation of issued capital. This consolidation, approved at the company’s general meeting, involves converting every 10 shares, options, and performance share rights into one, impacting the number of securities held by KAFTA Enterprises Pty Ltd and Vincent Fayad.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Astro Resources NL has announced a change in the director’s interest notice for Anthony Leibowitz. The notice details the direct and indirect interests held by Leibowitz through various entities, including Kalonda Pty Ltd, Floreat Investments Pty Ltd, and Matroyan Pty Ltd. The announcement indicates no acquisition or disposal of securities, suggesting stability in the director’s holdings, which may reassure stakeholders about the company’s current operational focus.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL announced that its CEO, Matthew Healy, will present at the Resources Rising Stars Summer Series Conferences in Sydney and Melbourne. This participation aims to engage with investors and shareholders, with the Melbourne event also available via livestream, potentially increasing the company’s visibility and investor interest.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals NL announced the completion of its drilling dataset for the central zone of the Red Mountain Lithium Project in Nevada, following the receipt of outstanding assay results from its October drilling campaign. The results revealed significant lithium mineralization across multiple drill holes, reinforcing the project’s potential and setting the stage for a maiden Mineral Resource Estimate expected next month. The findings indicate that lithium mineralization remains open in several directions, suggesting further exploration potential and promising implications for stakeholders.
Venari Minerals NL, a company listed on the Australian Securities Exchange, announced the successful passage of all resolutions at its Annual General Meeting, including a share consolidation set to take effect on November 21, 2025. This consolidation is part of the company’s strategic efforts to streamline its share structure, with trading on a post-consolidation basis commencing on November 25, 2025. The announcement reflects Venari’s ongoing commitment to enhancing shareholder value and operational efficiency.
Astro Resources NL has announced a change in the director’s interest, specifically concerning Anthony Leibowitz. The notice details the disposal of 1,437,500 performance share rights by Mr. Leibowitz, with no new acquisitions reported. This change in director’s interest may impact the company’s governance and stakeholder confidence, as it reflects a significant adjustment in the director’s holdings.
Venari Minerals NL announced the cessation of 1,437,500 performance share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for its stakeholders, reflecting on the company’s operational adjustments and strategic focus.
Venari Minerals NL has reported promising assay results from its October 2025 drilling campaign at the Red Mountain Lithium Project in Nevada. The initial results from two drill holes, RMRC022 and RMRC023, indicate substantial lithium mineralization, including high-grade zones, which enhance the company’s confidence in the project’s potential. These findings are expected to contribute to a maiden Mineral Resource Estimate for Red Mountain by December. The results also mark the beginning of a period of increased news flow as additional assay results are anticipated in the coming weeks, potentially impacting the company’s operational strategy and market positioning.
Astro Resources NL has announced significant progress in its lithium and gold exploration projects in Nevada, USA. The company has recently raised $5.5 million in capital and $1 million through a share purchase plan, positioning itself well in the critical minerals market. With a maiden lithium Mineral Resource Estimate expected by the end of the year and pending assay results from a recent drilling campaign, Astro Resources is poised for potential growth and value creation, offering an attractive investment opportunity at its current enterprise value.
Venari Minerals NL announced that its CEO, Matthew Healy, will present at the Noosa Mining Conference in Queensland. This appearance highlights the company’s ongoing efforts to engage with investors and stakeholders, potentially enhancing its visibility and market positioning within the mining industry.
Venari Minerals NL has identified high-potential soil anomalies at its Needles Gold Project in Nevada, indicating a large-scale epithermal gold-silver discovery potential. The recent soil sampling campaign revealed several strong multi-element anomalies that have not been drill-tested, presenting significant exploration opportunities. The company is awaiting further assay results from recent drilling and geophysical surveys to determine the next steps in advancing exploration efforts. This development enhances the project’s potential and positions Venari as a key player in the exploration of under-explored epithermal systems in the region.
Venari Minerals NL has commenced a Reverse Circulation (RC) drilling campaign at its Red Mountain Lithium Project in Nevada, aiming to deliver a maiden Mineral Resource Estimate by year-end. The project has shown promising lithium mineralization, and soil sampling has identified significant lithium-in-soil anomalies. Concurrently, the Needles Gold Project has confirmed a significant gold-silver discovery opportunity, with high-grade assays and additional drill targets expected from soil sampling results. The company has also raised $5.5 million through a share placement to fund its exploration activities, reflecting its strategic focus on growth and resource development.
Venari Minerals NL has filed an Exploration Plan of Operations (EPO) with the US Bureau of Land Management to expand its exploration activities at the Red Mountain Lithium Project in Nevada. The approval of this plan will allow the company to increase its exploration area significantly, from a 5-acre limit to 100 acres, facilitating further drilling and resource assessment. This move is part of Venari’s strategy to accelerate the development of its lithium resources, aligning with US policies to expedite critical minerals projects. The expansion is expected to enhance the company’s operational capabilities and strengthen its position in the lithium market.