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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 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.