Vanadium Resources Ltd. (VR8) AI Stock Analysis

• Market Cap: AU$13.12M
• Dividend Yield: N/A
• Average Volume (3M): 1.84M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.34
• Revenue Growth: N/A
• EPS Growth: -25.00%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 624,716,700
• 10 Day Avg. Volume: 2,686,381
• 30 Day Avg. Volume: 1,844,811
• PEG Ratio: -0.18
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 202.26
• P/FCF Ratio: -4.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: AU$0.02 ▲(0.00% Upside)

The score is primarily held back by weak financial performance (ongoing losses and cash burn) and bearish technical trends (price below key moving averages with negative MACD). A low-leverage balance sheet provides some support, but negative earnings and no dividend limit valuation attractiveness.

Positive Factors

Strategic Advancements

The company's focus on advancing its production strategy and exploring high-margin pathways indicates a commitment to enhancing operational efficiency and market positioning, which is crucial for long-term growth in the vanadium market.

Leadership Change

The appointment of a new CEO with extensive experience in mining finance and vanadium transactions is likely to strengthen the company's strategic execution and enhance its ability to capitalize on production opportunities.

Shareholder Support

Strong shareholder support for resolutions indicates confidence in the company's strategic initiatives, reinforcing its operational plans and potentially enhancing market position.

Negative Factors

Negative Cash Flow

Persistent negative cash flow indicates ongoing reliance on external funding, which can constrain financial flexibility and pose risks to long-term sustainability if not addressed.

Weak Financial Performance

Ongoing losses and negative margins highlight challenges in achieving profitability, which could hinder the company's ability to sustain operations and invest in growth initiatives.

Negative Returns on Equity

Negative returns on equity can erode capital over time, limiting the company's ability to generate shareholder value and potentially impacting its attractiveness to investors.

Vanadium Resources Ltd. Business Overview & Revenue Model

Company Description

Vanadium Resources Limited, engages in the exploration and development of mineral projects in Australia and South Africa. The company explores for vanadium, copper, zinc, and lead. It holds 100% interest in the Quartz Bore project that consists of an exploration license covering an area of approximately 15 square kilometers located in the West Pilbara province; and the Steelpoortdrift Vanadium project located in Limpopo Province, South Africa. The company was formerly known as Tando Resources Limited and changed its name to Vanadium Resources Limited in July 2019. Vanadium Resources Limited was incorporated in 2017 and is based in Victoria Park, Australia.

How the Company Makes Money

Vanadium Resources Ltd. generates revenue primarily through the exploration, development, and eventual production of vanadium from its mining projects. The company's revenue model is based on the extraction and sale of vanadium concentrate, which is used in the production of ferrovanadium and vanadium pentoxide, critical components in steel alloys and energy storage systems, respectively. Key revenue streams include long-term supply contracts with industrial clients and potential partnerships with steel manufacturers and battery technology companies. The company's earnings are influenced by factors such as the global demand for vanadium, market prices, and the efficiency of its mining operations.

Vanadium Resources Ltd. Financial Statement Overview

Summary

Vanadium Resources Ltd. is facing significant financial challenges due to the absence of revenue, continuous losses, and negative cash flows. The company has a strong equity position with minimal debt, which provides some financial stability, but the negative cash flow and lack of operational income are major concerns.

Income Statement

Vanadium Resources Ltd. has reported no revenue over the years, resulting in consistently negative EBIT and net income. The lack of revenue growth and negative profit margins signal significant challenges in achieving profitability.

Balance Sheet

The company shows a strong equity position with a high equity ratio of approximately 98.7%. However, the company has minimal debt, leading to a low debt-to-equity ratio, which contributes to financial stability. Despite this, the lack of revenue and continuous losses are concerning for long-term sustainability.

Cash Flow

Operating cash flow remains negative, with a continuous decline in free cash flow, indicating that the company is burning cash without generating inflows from operations. Despite occasional financing inflows, the cash flow situation remains weak, signaling liquidity risks.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	55.92K	0.00	0.00	0.00	0.00
Gross Profit	-12.84K	55.92K	-11.94K	-3.86K	-849.00	-849.00
EBITDA	-1.40M	-1.76M	-2.00M	-2.26M	-1.36M	-292.97K
Net Income	-1.40M	-2.54M	-1.96M	-2.23M	-1.63M	-583.27K
Balance Sheet
Total Assets	29.62M	29.62M	30.23M	31.41M	27.73M	23.28M
Cash, Cash Equivalents and Short-Term Investments	160.17K	160.17K	1.92M	6.10M	2.92M	1.80M
Total Debt	931.45K	172.35K	165.56K	558.35K	621.37K	0.00
Total Liabilities	1.46M	1.46M	704.05K	915.19K	1.29M	71.17K
Stockholders Equity	28.43M	28.43M	29.83M	31.01M	26.90M	23.21M
Cash Flow
Free Cash Flow	-828.30K	-2.36M	-3.79M	-2.74M	-3.60M	-393.26K
Operating Cash Flow	-826.96K	-1.26M	-1.59M	-1.43M	-1.05M	-375.06K
Investing Cash Flow	233.47K	-1.10M	-2.20M	-1.31M	-2.94M	-71.18K
Financing Cash Flow	605.00K	605.00K	-389.79K	5.92M	5.10M	2.00M

Vanadium Resources Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VR8, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.09 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VR8.

Vanadium Resources Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
EVG	49 Neutral	AU$17.91M	-3.33	-42.91%	―	―	-4.35%
OLY	48 Neutral	AU$8.61M	-1.48	-217.79%	―	―	43.46%
VR8	45 Neutral	AU$13.12M	-5.11	-8.74%	―	―	-25.00%
VML	41 Neutral	AU$40.24M	-6.76	-5.81%	―	-67.81%	-244.10%
REE	41 Neutral	AU$28.43M	-7.21	-84.97%	―	-100.00%	8.51%

Vanadium Resources Ltd. Corporate Events

Vanadium Resources Ltd. Director Increases Stake with New Options

Vanadium Resources Ltd. has announced a change in the director’s interest, specifically regarding Mr. Michael Davy, who holds an indirect interest through Davy Corp Pty Ltd ATF Davy Investment. The change involves the acquisition of 1,749,975 unlisted options, with no securities disposed of, indicating a strategic move to strengthen his position within the company. This development could impact the company’s operations and market positioning by potentially increasing the director’s influence and aligning interests with the company’s long-term goals.

Vanadium Resources Ltd. Announces Director’s Interest Change

Vanadium Resources Ltd. announced a change in the director’s interest, with Mr. Jurie Hendrik Wessels acquiring 1,749,975 unlisted options through Danterne Pty Ltd, where he is a director and shareholder. This change reflects a strategic move within the company, potentially impacting its market dynamics and signaling confidence in its future operations.

Vanadium Resources Issues Unlisted Options to Bolster Financial Strategy

Vanadium Resources Ltd. announced the issuance of 3,499,950 unlisted options as part of previously disclosed transactions. These securities are not intended to be quoted on the ASX, indicating strategic financial maneuvers to potentially enhance liquidity or fund future operations, which may impact the company’s market positioning and stakeholder interests.

Vanadium Resources Secures Shareholder Approval for Key Resolutions

Vanadium Resources Limited announced that all resolutions proposed at its Annual General Meeting were successfully passed by poll, reflecting strong shareholder support. This outcome is likely to reinforce the company’s strategic initiatives and operational plans, potentially enhancing its market position and stakeholder confidence.

Vanadium Resources Advances Near-Term Production Strategy

Vanadium Resources Limited announced significant advancements in its near-term cash flow strategy during the September 2025 quarter, focusing on the production of vanadium-rich magnetite DSO from its Steelpoortdrift Vanadium Project. Key developments included strategic appointments to drive production, an oversubscribed equity placement to strengthen its balance sheet, and the exploration of both DSO and pre-concentrate/concentrate production pathways. The company received multiple competing proposals for DSO and is prioritizing a pre-concentrate/concentrate pathway due to its potential for greater operating margins. These efforts are part of a broader strategy to minimize shareholder dilution and position the company for future growth in the vanadium market.

Vanadium Resources Schedules 2025 Annual General Meeting

Vanadium Resources Limited has announced its Annual General Meeting (AGM) scheduled for 27 November 2025, in West Perth, Australia. The company emphasizes the importance of the Notice of Meeting (NOM), which is available online, and encourages shareholders to participate in the voting process, especially those unable to attend in person. This meeting is crucial for stakeholders as it involves decision-making on company resolutions, impacting the company’s strategic direction and governance.

Vanadium Resources Sets Date for AGM and Director Nominations

Vanadium Resources Limited has announced that its Annual General Meeting (AGM) will take place on 27 November 2025. The meeting will include the re-election of certain directors, with nominations for new directors closing on 16 October 2025. This announcement is part of the company’s governance process, potentially impacting its leadership structure and strategic direction.

Vanadium Resources Appoints New CEO to Propel Steelpoortdrift Project

Vanadium Resources Limited has appointed Mr. Nick Diack as the new CEO to lead the company towards near-term production at its Steelpoortdrift Vanadium Project. Mr. Diack’s extensive experience in mining finance and vanadium transactions in South Africa, along with his established networks, positions the company to capitalize on production opportunities and enhance its market presence. The transition marks a strategic shift as the company aims to unlock the potential of its world-class vanadium asset, aligning with shareholder outcomes and advancing towards production.