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Victory Goldfields Limited
(Sydney:VTM)
Victory Goldfields Limited (VTM) vs. S&P 500 (SPY)
Victory Goldfields Limited Business Overview & Revenue Model
Victory Goldfields Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 57.03K | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 57.03K | -224.88K | -131.13K | -660.00 | 0.00 | EBIT |
| -1.96M | -1.28M | -3.95M | -271.98K | -74.77K | EBITDA |
| -1.08M | -1.04M | -3.82M | -271.32K | 0.00 | Net Income Common Stockholders |
| -1.91M | -1.26M | -3.97M | -271.98K | -74.77K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.89M | 3.12M | 1.90M | 4.02K | 4.77K | Total Assets |
| 11.02M | 8.78M | 4.29M | 13.44K | 4.77K | Total Debt |
| 0.00 | 0.00 | 387.86K | 46.86K | 0.00 | Net Debt |
| -2.89M | -3.12M | -1.51M | 42.84K | -4.77K | Total Liabilities |
| 539.12K | 511.55K | 885.19K | 324.45K | 51.16K | Stockholders Equity |
| 10.49M | 8.27M | 3.41M | -311.01K | -46.39K |
| Cash Flow | Free Cash Flow | |||
| -3.49M | -4.17M | -2.47M | -65.08K | -70.68K | Operating Cash Flow |
| -279.43K | -904.64K | -807.42K | -65.08K | -70.68K | Investing Cash Flow |
| -3.21M | -3.29M | 3.34M | 0.00 | 0.00 | Financing Cash Flow |
| 3.26M | 5.42M | -639.69K | 46.86K | 0.00 |
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 |
|---|---|---|---|---|---|---|---|
83 Outperform | $3.14B | 8.88 | 26.42% | 2.91% | 54.37% | 310.22% | |
78 Outperform | $27.43B | 23.23 | 11.01% | 2.70% | 25.11% | 28.88% | |
75 Outperform | $16.53B | 23.91 | 16.97% | 1.53% | 60.56% | 302.20% | |
72 Outperform | C$4.86B | 9.04 | 22.80% | 1.74% | 12.24% | 14.88% | |
61 Neutral | $2.67B | 35.64 | 1.93% | 0.84% | 39.13% | -42.09% | |
60 Neutral | $2.83B | 10.92 | 0.21% | 8543.15% | 5.98% | -17.76% | |
48 Neutral | AU$71.18M | ― | -1.37% | ― | ― | 96.13% |
Victory Goldfields Limited Corporate Events
Victory Metals Limited has received a Letter of Interest from the Export-Import Bank of the United States for up to US$190 million in project financing to develop its North Stanmore Heavy Rare Earths Project. This support positions Victory as a key player in the critical minerals industry, attracting international government-backed funding and enhancing its potential as a secure, non-Chinese supplier of critical materials. The backing from EXIM is expected to accelerate partnerships with U.S. and international industries seeking ethical sources of critical materials.
Victory Metals Ltd has announced a significant update to its Mineral Resource Estimate at the North Stanmore project, now including 4,788 tonnes of Gallium Oxide. This addition enhances the company’s critical minerals portfolio, positioning Victory as a potential key supplier of metals under global supply constraints. The inclusion of Gallium, a strategic technology metal used in various high-tech applications, strengthens the value of Victory’s Mixed Rare Earth Carbonate product and opens new opportunities for downstream engagement and offtake discussions.
Victory Metals Ltd has welcomed a recent U.S. Executive Order that emphasizes the need for secure supply chains for critical minerals, which aligns with Victory’s North Stanmore project in Western Australia. This project, the largest clay-hosted heavy rare earth discovery in Australia, is positioned to benefit from the shift towards diversified supply chains, potentially enhancing commercial and geopolitical interest and access to funding opportunities.
Victory Metals Limited has delivered a robust Scoping Study for its North Stanmore Project, confirming its status as a world-class heavy rare earth and scandium project with strong economic potential. The project has an upgraded Mineral Resource Estimate of 247.5 million tonnes, and recent developments include a non-binding MOU with Sumitomo Corporation for an offtake agreement. The company is well-funded with $4.68 million in cash, and the project’s strategic positioning is further strengthened by China’s new export controls on key rare earth elements, which could impact global supply dynamics.
Victory Metals Limited is strategically positioned to become a key supplier of heavy rare earth elements (HREEs) amid new export restrictions from China. The company’s North Stanmore project in Western Australia is poised to play a crucial role in providing a secure, Western-aligned supply of critical minerals, with high extraction rates and low production costs, enhancing its industry positioning and offering significant implications for stakeholders in the global defense, energy, and technology sectors.
Victory Metals Limited announced the issuance of 1,000,000 fully paid ordinary shares, which are exempt from certain disclosure requirements under the Corporations Act 2001. This move is part of the company’s ongoing compliance with regulatory provisions and supports its strategic focus on rare earth exploration and development, potentially enhancing its market position and stakeholder value.
Victory Metals Limited has announced the issuance of 1,000,000 new ordinary fully paid securities, which will be quoted on the ASX. This move is part of the company’s strategy to enhance its capital structure and support its growth initiatives, potentially impacting its market position and offering new opportunities for stakeholders.
Victory Metals Limited announced the cessation of 66,666 securities, specifically options that expired on March 28, 2025, without exercise or conversion. This cessation might impact the company’s capital structure and could influence investor perception regarding the company’s financial strategies and market positioning.
Victory Metals Ltd has successfully produced Gallium in its final MREC product, marking a significant milestone for the company and positioning it as a leader in the Australian Gallium market. This achievement comes amid China’s recent export bans on Gallium, highlighting Victory’s potential to provide a secure, western-aligned supply of this critical element. The company is advancing discussions with partners across technology, defense, and energy sectors, further enhancing its strategic positioning in the global critical minerals landscape.
Victory Metals Limited, trading as VTM on the ASX, has acknowledged a breach of Listing Rule 15.7 following the premature release of a media statement. The company admitted that the media release, which was intended to be embargoed until its official release on the ASX, was distributed to various media outlets by company executives prior to the ASX announcement. Victory Metals has a Continuous Disclosure Policy to prevent such occurrences, but the recent incident highlights a lapse in adherence to these protocols.
Victory Metals Ltd has completed a Scoping Study for its North Stanmore Rare Earth Project in Western Australia, highlighting its potential as a significant source of heavy rare earths and scandium. The study indicates strong economic viability with a Net Present Value exceeding AUD $1,212 million and a high internal rate of return, positioning the project as a strategic asset in the global market. The company has also entered into a non-binding MOU with Sumitomo Corporation for a potential offtake agreement, marking a key step towards production and further development.
Victory Metals Limited, listed on the ASX, has requested a voluntary suspension of its securities pending the release of a scoping study announcement. This suspension is expected to last until the market opens on March 12, 2025, and is intended to provide the company with time to prepare the necessary information for stakeholders, potentially impacting its market position and investor relations.
Victory Metals Limited has released its interim financial report for the six months ended 31 December 2024. This report is intended to be read alongside the annual report for the year ended 30 June 2024, as it does not include all the notes typically found in a full annual report. The release of this interim report is part of the company’s compliance with the continuous disclosure requirements of the Corporations Act 2001, ensuring transparency and up-to-date financial information for stakeholders.
Victory Metals has announced a new exploration target and a resource definition drilling program at its North Stanmore Project in Western Australia. The new target highlights potential growth in mineral resources, with drilling set to commence in March 2025. This initiative is part of Victory’s strategy to strengthen its position as a future supplier of rare earth elements and critical minerals, amid growing global demand for these resources.
Victory Metals Limited has strengthened its cash position by securing $751,909 in refundable tax offsets for research and development activities at its North Stanmore Heavy Rare Earth Element project. This financial boost will provide the company with increased flexibility to advance its project development activities, reinforcing its strategic position within the rare earth elements industry and potentially benefiting stakeholders through enhanced operational capabilities.