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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 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.22K | 94.71K | 94.93K | 8.09K | 6.22K |
| Gross Profit | 6.22K | 94.71K | 19.11K | 616.00 | -21.10K |
| EBITDA | -1.83M | -1.80M | -9.01M | -1.11M | -766.69K |
| Net Income | -2.89M | -4.02M | -9.11M | -17.76M | -11.75M |
Balance Sheet | |||||
| Total Assets | 21.24M | 3.40M | 4.73M | 11.13M | 16.01M |
| Cash, Cash Equivalents and Short-Term Investments | 314.20K | 1.64M | 3.14M | 9.43M | 9.49M |
| Total Debt | 80.88K | 151.46K | 34.38K | 68.08K | 0.00 |
| Total Liabilities | 1.08M | 2.54M | 1.63M | 2.17M | 4.49M |
| Stockholders Equity | 20.16M | 861.01K | 3.10M | 8.97M | 11.52M |
Cash Flow | |||||
| Free Cash Flow | -4.79M | -6.01M | -9.30M | -19.97M | -11.17M |
| Operating Cash Flow | -1.02M | -1.35M | -8.62M | -6.14M | -4.74M |
| Investing Cash Flow | -3.57M | -4.58M | -671.66K | -9.11M | -6.43M |
| Financing Cash Flow | 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 has released its consolidated interim financial report for the half-year ended 31 December 2025. The report includes the directors’ report, financial statements, notes, and an independent auditor’s review, providing stakeholders with an overview of the company’s financial position and performance over the period.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.17 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 disclosed a change in director Anthony Leibowitz’s interests in Venari Minerals NL securities following recent on-market transactions. Leibowitz, who holds both direct and indirect interests through several investment and superannuation entities, acquired a total of 129,047 fully paid ordinary shares over two separate trades in February 2026.
The purchases, valued at approximately $25,000 in aggregate, modestly increase the director’s equity exposure alongside his existing performance rights, shares and options holdings. The move signals a strengthened financial alignment between the director and shareholders, potentially viewed positively by the market as a vote of confidence in the company’s prospects and ongoing strategy.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.20 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 Chief Executive Officer, Matthew Healy, will present at the Resources Rising Stars Summer Series conferences in Sydney and Brisbane in February 2026. The company will use these investor-focused forums to showcase its progress on its Nevada lithium project, deepen engagement with shareholders, and potentially broaden its investor base through its presentation and dedicated online investor hub.
The Sydney event will be held at the Four Seasons Hotel, while the Brisbane session will take place at the InterContinental Brisbane, both running through the trading day in local time. By participating in these high-profile industry conferences and promoting its investor hub, Venari is positioning itself to raise visibility in the lithium sector, support capital markets outreach, and strengthen communication with current and prospective investors.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals has issued a clarification to a market presentation on its Red Mountain Lithium Project in Nevada, updating disclosure to align with reporting and peer-comparison standards. The revised presentation now specifies the reporting standard for each mineral resource estimate, includes cautionary statements for foreign, non-JORC-compliant resources, and breaks down resource estimates by tonnage and grade, following a review by the company’s competent person to ensure compliance with ASX guidance, thereby tightening its technical disclosure and enhancing transparency for investors.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.20 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 a change in the interests of director Anthony Leibowitz, who holds both direct and indirect stakes in the company through personal performance rights and entities including Kalonda Pty Ltd, Floreat Investments Pty Ltd, and Matroyan Pty Ltd. Across transactions on 2 and 3 February 2026, Leibowitz acquired a total of 259,318 fully paid ordinary shares for approximately A$52,962.70, with no disposals recorded, signalling a net increase in his equity position and a potential vote of confidence in the company’s outlook from a key board member.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Astro Resources has reported a maiden Inferred Mineral Resource Estimate for its Red Mountain Lithium Project in Nevada of 500 million tonnes at 1,139 ppm lithium for 3.03 million tonnes of contained lithium carbonate equivalent at a 700 ppm cut-off, including a high-grade North Zone of 47.9 million tonnes at 2,193 ppm lithium for 560,000 tonnes of LCE at a 1,300 ppm cut-off. The company highlights significant exploration upside with six undrilled zones of surface lithium anomalism, advanced metallurgical test work showing lithium is readily leachable with sulfuric acid and amenable to beneficiation, and a near-term work program including an updated exploration target, lithium carbonate product test results, and exploration, infill and resource extension drilling scheduled across early 2026, positioning Red Mountain as a potentially globally significant lithium resource in an improving lithium market environment.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals will hold a live investor and shareholder webinar on 5 February 2026 to discuss the maiden Mineral Resource Estimate for its Red Mountain Lithium Project in Nevada. The newly reported Inferred Mineral Resource stands at 500 million tonnes at 1,139ppm lithium for 3.03 million tonnes of lithium carbonate equivalent, including a particularly high-grade northern zone, marking a significant step in defining the project’s scale and grade and shaping the company’s next phase of exploration and project development planning.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.26 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 changed its registered office address to Suite 114-115, Level 1, 165 Phillip Street, Sydney NSW 2000, with the update taking effect immediately under ASX Listing Rule 3.14. The move is an administrative change only, with all other contact details remaining the same, and signals ongoing corporate housekeeping as the company maintains open communication channels through its investor engagement platform.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.26 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 disclosed a change in the interests of director Vincent Fayad, confirming an increase in his holdings in the company through a related trust entity. The update shows that KAFTA Enterprises Pty Ltd, as trustee of the Fayad Settlement Trust in which Fayad is a trustee and potential beneficiary, acquired 23,809 fully paid ordinary shares in an on-market trade on 2 February 2026, lifting its holding to 1,118,446 shares while Fayad’s performance share rights remain unchanged, signalling a modest but positive reinforcement of insider alignment with shareholders.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals has announced a maiden Inferred Mineral Resource Estimate for its Red Mountain Lithium Project in Nevada of 500 million tonnes at 1,139ppm lithium, equating to 3.03 million tonnes of lithium carbonate equivalent, immediately positioning the asset among the most significant new lithium resources in North America. With mineralisation outcropping at surface, remaining open at depth and along strike, and supported by nearby infrastructure and secured water rights, the project gives Venari one of the larger exploration-phase lithium inventories on the ASX and a strong platform for further resource growth and development studies as lithium prices rebound and US policy momentum strengthens around domestic critical minerals supply.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.26 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, an ASX-listed lithium-focused explorer, is advancing development of its flagship Red Mountain lithium project in Nevada, a key jurisdiction for US battery and electric vehicle supply chains. The company has requested an immediate trading halt in its securities pending the release of a Mineral Resource Estimate for Red Mountain, with the halt to remain in place until either the announcement is made or normal trading resumes on 3 February 2026, signaling a potentially material update for investors and the market regarding the scale and value of its key asset.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.26 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 further positive metallurgical test-work from its Red Mountain Lithium Project in Nevada, showing improved beneficiation performance after introducing a pre-soaking step before attrition scrubbing. The latest program increased lithium grades in the fine fraction by 46.2% to 3,800ppm, boosted lithium recovery to 66.8%, and reduced calcite content, building on earlier strong results from lower-grade material and reinforcing the scalability of the processing approach. To advance the project, Venari has engaged specialist consultancy Pitch Black Group to independently review the metallurgical program, assess alternative, non-sulphuric acid leach technologies and develop a scoping-level processing flowsheet, while a maiden mineral resource estimate and lithium carbonate test-work remain on track for release in the coming weeks. These steps mark a significant move towards defining a viable processing pathway and strengthening Red Mountain’s position among Nevada’s emerging sedimentary lithium projects, with implications for Venari’s future development strategy and its standing in the North American lithium supply chain.
The most recent analyst rating on (AU:VMS) stock is a Sell with a A$0.17 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
Venari Minerals reported strong progress at its Red Mountain Lithium Project in Nevada during the December 2025 quarter, completing a reverse circulation drilling campaign that delivered thick, high‑grade lithium intersections and final assay results ahead of a maiden JORC mineral resource estimate expected in early Q1 2026. Metallurgical test work significantly upgraded lithium grades and reduced waste and reagent‑consuming minerals, while securing water rights, lodging an expanded Exploration Plan of Operations, and raising capital via an oversubscribed share purchase plan and share consolidation collectively de-risk and scale the project, positioning the company for a larger exploration program and improved market access. At its Needles Gold Project, drilling returned anomalous gold-silver results indicating the need for deeper drilling, and new soil and geophysical anomalies reinforce the potential of a sizeable epithermal system, offering longer-term optionality alongside the lithium growth story.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
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.