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VRX Silica Ltd. (AU:VRX)
ASX:VRX
Australian Market
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VRX Silica Ltd. (VRX) AI Stock Analysis

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AU:VRX

VRX Silica Ltd.

(Sydney:VRX)

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Neutral 42 (OpenAI - 4o)
Rating:42Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
The overall stock score for VRX Silica Ltd. is primarily influenced by its strong revenue growth, which is overshadowed by significant profitability and cash flow challenges. The technical analysis indicates a bearish trend, and the valuation is unattractive due to the negative P/E ratio and lack of dividend yield.

VRX Silica Ltd. (VRX) vs. iShares MSCI Australia ETF (EWA)

VRX Silica Ltd. Business Overview & Revenue Model

Company DescriptionVRX Silica Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for silica. It owns 100% interests in the Arrowsmith and the Muchea silica sand projects located to the north of Perth in Western Australia; and the Boyatup silica sand project located to the east of the port town of Esperance. The company was formerly known as Ventnor Resources Limited and changed its name to VRX Silica Limited in December 2018. VRX Silica Limited was incorporated in 2010 and is headquartered in West Perth, Australia.
How the Company Makes MoneyVRX Silica generates revenue primarily through the sale of high-quality silica sand products. The company has established key revenue streams by securing supply agreements with customers in the glass and construction industries, which are significant consumers of silica sand. Additionally, VRX Silica may also benefit from partnerships with industrial manufacturers who require silica for specialized applications, such as the production of silicon-based products. The company's financial performance is influenced by the demand and pricing for silica sand in global markets, as well as its operational efficiency and capacity to scale production to meet customer needs.

VRX Silica Ltd. Financial Statement Overview

Summary
VRX Silica Ltd. shows strong revenue growth but struggles with profitability and cash flow. The low leverage provides financial stability, but negative margins and cash flows indicate a need for better operational efficiency.
Income Statement
40
Negative
VRX Silica Ltd. has shown significant revenue growth of 240.24% in the latest year, indicating strong top-line expansion. However, the company continues to face challenges with profitability, as evidenced by negative EBIT and net income margins. The consistent negative margins suggest ongoing operational inefficiencies and cost management issues.
Balance Sheet
55
Neutral
The company's balance sheet shows a relatively low debt-to-equity ratio, suggesting conservative leverage and financial stability. However, the negative return on equity indicates that the company is not generating profits from its equity base, which could be a concern for investors looking for returns.
Cash Flow
35
Negative
VRX Silica Ltd. has experienced a decline in free cash flow growth, and both operating and free cash flows remain negative. The negative cash flow ratios indicate challenges in converting revenue into cash, which could impact the company's ability to fund operations and growth without external financing.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue102.41K102.41K31.51K113.48K56.90K1.36M
Gross Profit25.58K102.41K-116.44K4.53K-27.63K1.29M
EBITDA-2.93M-2.83M-3.83M-4.93M-4.94M-1.02M
Net Income-3.06M-3.06M-4.26M-5.06M-5.03M-1.09M
Balance Sheet
Total Assets20.65M20.65M19.17M18.56M22.91M20.88M
Cash, Cash Equivalents and Short-Term Investments4.10M4.10M2.31M1.58M9.31M10.44M
Total Debt247.46K247.46K337.22K418.16K188.19K255.24K
Total Liabilities698.85K698.85K1.10M1.02M1.52M829.09K
Stockholders Equity19.95M19.95M18.07M17.54M21.39M20.05M
Cash Flow
Free Cash Flow-2.88M-2.88M-4.85M-7.77M-5.51M-3.04M
Operating Cash Flow-2.86M-2.86M-3.56M-2.93M-1.94M-1.51M
Investing Cash Flow44.27K44.27K-406.60K-4.72M-3.56M-1.53M
Financing Cash Flow4.60M4.60M4.70M-72.99K4.37M10.88M

VRX Silica Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.09
Price Trends
50DMA
0.11
Negative
100DMA
0.10
Negative
200DMA
0.08
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
39.05
Neutral
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VRX, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.11, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.05 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:VRX.

VRX Silica Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
46
Neutral
AU$95.16M-0.27%-100.00%
43
Neutral
AU$87.05M-103.22%-278.88%
42
Neutral
AU$68.24M-20.22-16.10%36.62%
41
Neutral
AU$93.93M-16.4054.26%
36
Underperform
AU$104.03M-3.23-253.52%-971.43%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VRX
VRX Silica Ltd.
0.09
0.05
125.00%
AU:DRX
Diatreme Resources Limited
0.02
0.00
0.00%
AU:MTH
Mithril Resources Ltd
0.46
0.06
15.00%
AU:ARN
Aldoro Resources Ltd.
0.43
0.35
437.50%
AU:CZR
CZR Resources Ltd
0.36
0.13
56.52%

VRX Silica Ltd. Corporate Events

VRX Silica Acquires Strategic Site to Boost Arrowsmith North Project
Oct 28, 2025

VRX Silica Ltd. has entered into a conditional binding contract to purchase the Arramall farm site, adjacent to its Arrowsmith North Silica Sand Project. This acquisition is expected to significantly reduce capital and operating expenditures and minimize the environmental footprint of the project. The site is strategically located for the construction of a silica sand processing plant and a potential solar farm, which could further enhance sustainability efforts. The company has secured binding offtake contracts for the sale of silica sand to major Asian markets and is in discussions with potential debt financiers to support project financing.

VRX Silica Secures Approvals and Contracts for Arrowsmith North Project
Oct 28, 2025

VRX Silica Ltd. has received key approvals for its Arrowsmith North Silica Sand Project, including environmental and mining proposals, which pave the way for the project’s development. The company has also secured binding offtake contracts with customers in South Korea, Taiwan, and the Philippines, ensuring a significant portion of its production capacity is committed. This project is expected to support a new long-term industry in Western Australia, providing substantial economic benefits and employment opportunities.

VRX Silica Limited Announces Proposed Issue of Unlisted Options
Oct 21, 2025

VRX Silica Limited announced a proposed issue of 12 million unlisted options, exercisable at $0.15 and expiring on December 31, 2028. This strategic move is expected to enhance the company’s financial flexibility and support its ongoing projects, potentially strengthening its position in the silica sand market.

VRX Silica Ltd. Announces Digital-First Approach for Upcoming AGM
Oct 20, 2025

VRX Silica Ltd. has announced its Annual General Meeting (AGM) scheduled for November 20, 2025, to be held in person in Subiaco, Western Australia. The company has opted to provide the Notice of Meeting and accompanying documents electronically, encouraging shareholders to access these materials online. Shareholders are advised to vote via proxy if unable to attend, with detailed instructions provided in the Notice of Meeting. This approach underscores VRX Silica’s commitment to digital communication and efficient shareholder engagement, potentially enhancing participation and operational transparency.

VRX Silica Ltd. Announces 2025 Annual General Meeting Details
Oct 20, 2025

VRX Silica Ltd. has announced the details of its 2025 Annual General Meeting, which will be held as a physical meeting on November 20, 2025, in Subiaco, Western Australia. Shareholders are encouraged to attend in person or submit proxy forms in advance, as voting will be conducted by poll and not electronically. The company emphasizes the importance of submitting proxy forms at least 48 hours before the meeting to ensure participation.

VRX Silica Ltd. Announces Quotation of New Securities
Oct 14, 2025

VRX Silica Ltd. announced the quotation of 1,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from October 14, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering opportunities for stakeholders to engage with its growth trajectory.

VRX Silica Ltd. Announces Proposed Securities Issue
Oct 14, 2025

VRX Silica Ltd. announced a proposed issuance of 1,000,000 ordinary fully paid securities, with the issue date set for October 14, 2025. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the ASX, which could enhance its capital base and support its operational and strategic objectives.

VRX Silica Ltd. Issues New Securities on ASX
Oct 6, 2025

VRX Silica Ltd. has announced the issuance of 1,528,955 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of October 6, 2025. This move could potentially enhance the company’s market presence and provide additional capital for its operations, benefiting stakeholders by potentially increasing the liquidity and marketability of its shares.

VRX Silica Schedules Annual General Meeting and Director Elections
Sep 8, 2025

VRX Silica Limited has announced that its Annual General Meeting will be held around 20 November 2025, where the election of directors will be a key agenda item. Nominations for director positions must be submitted by 16 September 2025, as per ASX Listing Rule 3.13.1, highlighting the company’s adherence to regulatory requirements and its focus on governance.

VRX Silica Secures Works Approval for Arrowsmith North Project
Sep 4, 2025

VRX Silica Ltd. has received works approval from the Department of Water and Environmental Regulation for its Arrowsmith North Silica Sand Project, following recent environmental and mining approvals. This milestone allows VRX to proceed with the construction and operation of the processing plant, aligning with its commitment to sustainable operations. The Arrowsmith North project, with a significant deposit of high-quality silica sand, is poised to support long-term production for Asian markets, driven by strong demand in the construction and automotive sectors. The project is expected to contribute to Western Australia’s economy through employment and royalties, with first production targeted for the second half of 2026.

VRX Silica Ltd Announces Change in Director’s Interest
Sep 3, 2025

VRX Silica Ltd announced a change in the director’s interest notice, specifically regarding Paul Boyatzis. The notice indicates that 160,000 options held indirectly by Lesuer Pty Ltd under the PMB Super Fund A/C expired unexercised, leaving the director with 6,200,000 ordinary shares. This change reflects a reduction in potential future equity interests for the director, which may impact his stake in the company.

VRX Silica Secures Environmental Approval for Arrowsmith North Project
Sep 1, 2025

VRX Silica Ltd. has received environmental approval from the Western Australian Minister for Environment for its Arrowsmith North Silica Sand Project, marking a significant milestone in the project’s development. This approval allows VRX to proceed with securing additional permits, finalizing infrastructure agreements, and advancing towards production, which is targeted for the second half of 2026. The Arrowsmith North project is poised to become a major supplier of silica sand to the growing glass and foundry markets in Asia, contributing to the establishment of a new export industry in Western Australia’s Mid West region.

VRX Silica Ltd. Initiates Trading Halt Ahead of Key Project Announcement
Aug 29, 2025

VRX Silica Ltd. has requested a trading halt on its securities pending a significant announcement regarding environmental approval for its Arrowsmith North Silica Sand Project. This move is crucial for the company’s operations as it awaits regulatory clearance, which could impact its market positioning and stakeholder interests.

VRX Silica Secures Key Approval for Arrowsmith North Project
Aug 7, 2025

VRX Silica Ltd. has received approval from the Western Australian Department of Mines, Petroleum and Exploration for its Arrowsmith North Silica Sand Project, marking a significant milestone for the company. This approval allows VRX to commence mining operations, pending environmental approval, and positions the project as a major contributor to the foundry and glass markets in Asia. The project is expected to bring long-term economic benefits, including employment and royalties, to Western Australia’s Mid West region and has garnered support from various stakeholders.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 31, 2025