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Victory Goldfields Limited
(Sydney:VTM)
Victory Goldfields Limited (VTM) vs. iShares MSCI Australia ETF (EWA)
Victory Goldfields Limited Business Overview & Revenue Model
Victory Goldfields Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 140.38K | 140.38K | 57.03K | 19.94K | 0.00 | 0.00 |
| Gross Profit | 140.38K | 140.38K | 57.03K | -224.88K | -131.13K | -660.00 |
| EBITDA | -2.28M | -2.28M | -1.08M | -1.04M | -3.82M | -271.32K |
| Net Income | -3.70M | -3.70M | -1.91M | -1.26M | -3.97M | -271.98K |
Balance Sheet | ||||||
| Total Assets | 17.40M | 17.40M | 11.02M | 8.78M | 4.29M | 13.44K |
| Cash, Cash Equivalents and Short-Term Investments | 6.46M | 6.46M | 2.89M | 3.12M | 1.90M | 4.02K |
| Total Debt | 195.84K | 195.84K | 0.00 | 0.00 | 387.86K | 46.86K |
| Total Liabilities | 1.28M | 1.28M | 539.12K | 511.55K | 885.19K | 324.45K |
| Stockholders Equity | 16.12M | 16.12M | 10.49M | 8.27M | 3.41M | -311.01K |
Cash Flow | ||||||
| Free Cash Flow | -3.99M | -3.99M | -3.49M | -4.17M | -2.47M | -65.08K |
| Operating Cash Flow | -513.25K | -513.25K | -279.43K | -904.64K | -807.42K | -65.08K |
| Investing Cash Flow | -3.54M | -3.54M | -3.21M | -3.29M | 3.34M | 0.00 |
| Financing Cash Flow | 7.62M | 7.62M | 3.26M | 5.42M | -639.69K | 46.86K |
Victory Goldfields Limited Technical Analysis
Victory Goldfields Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | AU$1.15B | 24.92 | 22.29% | ― | 117.95% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$169.91M | -9.06 | -8.73% | ― | ― | ― | |
54 Neutral | AU$208.74M | -6.15 | -43.66% | ― | 46.74% | -47.98% | |
54 Neutral | AU$163.71M | -139.55 | -2.97% | ― | ― | 42.74% | |
53 Neutral | AU$239.55M | -18.98 | -7.66% | ― | ― | ― | |
51 Neutral | AU$153.63M | -36.00 | -27.81% | ― | ― | -35.98% |
Victory Goldfields Limited Corporate Events
Victory Metals has secured heritage site clearance over approximately 1,000 acres of tenure immediately adjoining the alkaline intrusion that hosts high‑grade heavy rare earth mineralisation at its North Stanmore project in Western Australia. The area, previously registered in error as a heritage site, had materially constrained drilling and was excluded from mine scheduling, but following detailed surveys with Traditional Owners, the Wajarri Yamaji group, it has been confirmed to contain no heritage values and the registration is being removed. This opens up a highly prospective zone within the existing heavy rare earth trend, with potential to significantly expand the high‑grade resource footprint and strengthen Victory’s efforts to establish North Stanmore as a long‑term strategic Western supplier of critical heavy rare earths, while underscoring the company’s emphasis on collaboration with Traditional Owners and culturally respectful development.
The most recent analyst rating on (AU:VTM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Victory Goldfields Limited stock, see the AU:VTM Stock Forecast page.
Victory Metals Limited has applied to the ASX for quotation of 164,250 new ordinary fully paid shares, to be issued on 21 January 2026, under its Appendix 2A filing. The relatively small issuance reflects routine capital management activity and will modestly increase the company’s quoted share capital, providing additional tradable securities for investors without indicating any major strategic shift based on the information disclosed.
The most recent analyst rating on (AU:VTM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Victory Goldfields Limited stock, see the AU:VTM Stock Forecast page.
Victory Metals has reported breakthrough metallurgical results at its North Stanmore heavy rare earths project, with new kinetic leach tests showing about 80% of rare earths can be leached in just 30 minutes, compared with the four-hour assumption used in its Scoping Study. The sharply reduced leach time points to a smaller leach circuit, lower reagent consumption and improved process efficiency, which are expected to translate into lower capital and operating costs. Additional beneficiation work using simple -10.8 μm cyclosizing has delivered significant grade increases in high-value elements terbium, dysprosium and scandium without the need for complex reagents or costly circuits, materially enhancing the project’s critical mineral profile. The company has also advanced permitting and commercial positioning, completing comprehensive environmental baseline studies and signing a letter of intent with Sumitomo Corporation to progress offtake and broader strategic cooperation, while bolstering its geopolitical engagement capabilities through the appointment of former senior U.S. White House official Emma Doyle as Senior Advisor for U.S. Strategic Engagement, collectively strengthening North Stanmore’s pathway toward development and global market relevance.
The most recent analyst rating on (AU:VTM) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Victory Goldfields Limited stock, see the AU:VTM Stock Forecast page.
Victory Metals Limited announced a significant breakthrough in the leach kinetics for its North Stanmore Project, achieving approximately 80% rare earth recovery in just 30 minutes. This advancement is expected to reduce both capital and operational expenditures due to a smaller leach circuit and improved process efficiency. The rapid extraction of valuable elements like Dysprosium, Terbium, and Yttrium positions North Stanmore as a global leader, particularly as the demand for these strategic materials surges. The company is integrating these results into its ongoing engineering and metallurgical programs, which could enhance its market positioning and project economics.
Victory Metals Limited has announced a change in the director’s interest, specifically concerning Brendan Clark. The change involves the acquisition of 36,530 ordinary shares and 1,100,000 performance rights, reflecting a strategic move in line with resolutions from the recent Annual General Meeting. This adjustment in director’s interest could potentially influence the company’s governance and strategic direction, impacting stakeholders’ perceptions and the company’s market positioning.
Victory Metals Limited has issued 342,466 fully paid ordinary shares, taking advantage of an exemption under section 708A(5) of the Corporations Act 2001. This move aligns with the company’s compliance with relevant legal provisions and supports its strategic objectives in the rare earths sector, potentially enhancing its market position and stakeholder value.
Victory Metals Limited has announced the quotation of 342,466 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective November 19, 2025. This move is part of previously announced transactions and may enhance the company’s market presence and liquidity, potentially impacting stakeholders positively by increasing the availability of its shares.
Victory Metals Limited announced that all resolutions were passed at its Annual General Meeting, reflecting strong shareholder support. The approval of resolutions, including the re-election of directors and ratification of prior share issues, positions the company for continued strategic growth and operational stability.
Victory Metals Limited has reported significant advancements in its North Stanmore Project, including a 29.5% increase in contained tonnage and the discovery of high-grade Dysprosium from a clay-hosted system. The company has also produced the first known Mixed Rare Earth Oxide from an Australian clay-hosted project and identified multiple ultra-high Heavy Rare Earth Oxide zones. A Letter of Intent with Sumitomo Corporation and approval from the U.S. Government’s System for Award Management position Victory Metals strategically for future collaborations. The company has secured $11.5 million in funding and a $250,000 research grant, with available cash of approximately $15.1 million as of September 2025.
Victory Metals Limited has appointed Emma Doyle, a former senior Trump White House official, as Senior Advisor for U.S. Strategic Engagement. This strategic move aligns with the recent U.S.-Australia agreement to invest in rare earth supply chains, positioning Victory Metals at the forefront of the critical minerals industry. Doyle’s experience and networks are expected to enhance the company’s influence in U.S. policy and government affairs, potentially boosting its operations and stakeholder value.