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Victory Goldfields Limited
(Sydney:VTM)
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Rating:52Neutral
Price Target:
AU$1.50
▲(4.90% Upside)
Action:Reiterated
Date:06/20/26
The score is held back primarily by weak financial performance (ongoing losses and persistent negative operating/free cash flow), partially offset by a low-leverage balance sheet and supportive technical trend (price above major moving averages with neutral-to-positive momentum). Valuation is also a drag due to negative earnings (negative P/E) and no dividend yield.
Positive Factors
Low leverage / stronger equity base
The very low debt load and a materially larger equity base reduce near-term solvency risk and interest burden, giving management flexibility to fund exploration or development through equity or project financing. This balance-sheet stability supports operational continuity over months while projects advance.
Negative Factors
Consistent cash burn
Persistent negative operating and free cash flows indicate the business consumes cash to sustain exploration and development. This structural cash burn requires repeated external funding, increasing dilution risk and constraining long-term project execution unless cash generation or funding access materially improves.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / stronger equity base
The very low debt load and a materially larger equity base reduce near-term solvency risk and interest burden, giving management flexibility to fund exploration or development through equity or project financing. This balance-sheet stability supports operational continuity over months while projects advance.
Read all positive factors
Victory Goldfields Limited (VTM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$189.09M
Dividend YieldN/A
Average Volume (3M)413.38K
Price to Earnings (P/E)―
Beta (1Y)1.43
Revenue GrowthN/A
EPS Growth-3250.00%
CountryAU
Employees100
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.05
Shares Outstanding131,767,560
10 Day Avg. Volume213,674
30 Day Avg. Volume413,383
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)5.69
Price to Sales (P/S)653.39
P/FCF Ratio-22.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Victory Goldfields Limited Business Overview & Revenue Model
Company Description
Victory Metals Limited, an Australian mining company based in Subiaco, concentrates on the exploration and development of mineral deposits across Australia. The firm holds exploration interests in the Victory Tenements within the Cue goldfields of...
How the Company Makes Money
null...
Victory Goldfields Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2023 | Jun 2022 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -674.77K | 140.38K | 57.03K | 19.94K | 0.00 | 0.00 |
| Gross Profit | -805.97K | 140.38K | 57.03K | -224.88K | -131.13K | -660.00 |
| EBITDA | -4.83M | -2.28M | -1.08M | -1.04M | -3.82M | -271.32K |
| Net Income | -5.58M | -3.70M | -1.91M | -1.26M | -3.97M | -271.98K |
Balance Sheet | ||||||
| Total Assets | 26.87M | 17.40M | 11.02M | 8.78M | 4.29M | 13.44K |
| Cash, Cash Equivalents and Short-Term Investments | 13.56M | 6.46M | 2.89M | 3.12M | 1.90M | 4.02K |
| Total Debt | 157.96K | 195.84K | 0.00 | 0.00 | 387.86K | 46.86K |
| Total Liabilities | 814.95K | 1.28M | 539.12K | 511.55K | 885.19K | 324.45K |
| Stockholders Equity | 26.06M | 16.12M | 10.49M | 8.27M | 3.41M | -311.01K |
Cash Flow | ||||||
| Free Cash Flow | -3.17M | -3.99M | -3.49M | -4.17M | -2.47M | -65.08K |
| Operating Cash Flow | -975.10K | -513.25K | -279.43K | -904.64K | -807.42K | -65.08K |
| Investing Cash Flow | -5.02M | -3.54M | -3.21M | -3.29M | 3.34M | 0.00 |
| Financing Cash Flow | 14.70M | 7.62M | 3.26M | 5.42M | -639.69K | 46.86K |
Victory Goldfields Limited Technical Analysis
Positive
1.43
Price Trends
1.52
Positive
1.54
Positive
1.38
Positive
Market Momentum
-0.01
Negative
61.73
Neutral
60.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VTM, the sentiment is Positive. The current price of 1.43 is below the 20-day moving average (MA) of 1.45, below the 50-day MA of 1.52, and above the 200-day MA of 1.38, indicating a bullish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 61.73 is Neutral, neither overbought nor oversold. The STOCH value of 60.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:VTM.
Victory Goldfields Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | AU$229.86M | -31.58 | -5.27% | ― | ― | 7.64% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | AU$189.09M | -29.53 | -26.45% | ― | ― | -3250.00% | |
49 Neutral | AU$241.30M | -76.45 | -8.87% | ― | ― | 99.23% | |
45 Neutral | AU$193.44M | -12.24 | -87.62% | ― | -100.00% | -2337.50% |
* General Sector Average
AU:VTM
Victory Goldfields Limited
1.68
0.20
13.18%
AU:TGM
Theta Gold Mines
0.19
0.02
15.15%
AU:STN
Saturn Metals Ltd.
0.46
0.05
12.20%
AU:BGD
Barton Gold Holdings Limited
0.76
-0.06
-7.32%
Victory Goldfields Limited Corporate Events
Victory Metals Confirms Strategically Important Secondary Phosphate Rare Earths at North Stanmore
Aug 4, 2026
Victory Metals has confirmed that secondary rare earth phosphate minerals at its North Stanmore project host the substantial majority of key heavy and magnet rare earth elements, with TESCAN TIMA analysis showing churchite, rhabdophane and related...
Victory Metals Confirms Distinctive Secondary Phosphate Rare Earth Mineralogy at North Stanmore
Jul 29, 2026
Victory Metals has reported detailed mineralogical results from concentrate produced at its North Stanmore Heavy Rare Earth Project in Western Australia, confirming that most of the high-value rare earth content is hosted in secondary phosphate mi...
Victory Metals boosts North Stanmore rare earths with high‑grade pilot plant
Jul 23, 2026
Victory Metals reported strong progress at its North Stanmore project, where a newly commissioned continuous flotation pilot plant in Perth delivered a 59‑fold upgrade to a 7.1 wt.% Total Rare Earth Oxide concentrate from lower‑grade f...
Victory Metals Confirms Regulatory Compliance on New Share Issue
Jul 13, 2026
Victory Metals Limited has issued 200,000 fully paid ordinary shares and has lodged a notice under section 708A(5) of the Corporations Act 2001 to confirm these securities qualify for on-sale without a disclosure document. The company states it is...
Victory Metals Seeks ASX Quotation for Additional 200,000 Shares
Jul 13, 2026
Victory Metals Limited has applied to the ASX for quotation of 200,000 new ordinary fully paid shares under its ticker VTM. The securities, issued on July 13, 2026, arise from the exercise or conversion of existing options or other convertible sec...
Victory Metals Sends Heavy Rare Earth Concentrate to Potential Offtake Partners
Jul 8, 2026
Victory Metals has progressed its Perth-based flotation pilot plant from commissioning to consistent, steady-state operation, generating heavy rare earth enriched concentrate at ambient conditions. The plant’s ongoing performance helps de-ri...
Victory Metals wins major federal grant to advance heavy rare earth processing
Jun 23, 2026
Victory Metals Limited, an Australian rare earths developer, is advancing its North Stanmore Heavy Rare Earth Project near Cue in Western Australia, supported by a newly commissioned pilot plant in Perth. The company specialises in high-value heav...
Victory Metals Pilot Plant Delivers High-Grade Heavy Rare Earths Concentrate
Jun 16, 2026
Victory Metals has commissioned a flotation-based pilot plant in Perth that upgrades North Stanmore ore from 1,195 ppm to a roughly 7.1% Total Rare Earth Oxide concentrate, representing about a 59-fold increase and containing 40% heavy rare earth ...
Victory Metals Secures Traditional Owner Agreement for North Stanmore Mining Licence Pathway
Jun 2, 2026
Victory Metals has signed a key agreement with the Wajarri Yamaji Aboriginal Corporation, securing Traditional Owner consent and land access for the North Stanmore Heavy Rare Earth Element Project near Cue in Western Australia. The agreement, auth...
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.