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Vertex Minerals Ltd.
(Sydney:VTX)
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Rating:44Neutral
Price Target:
AU$0.10
â–¼(-60.77% Downside)
Action:Reiterated
Date:07/02/26
The score is driven primarily by weak financial performance (deeply negative margins, widening losses, and worsening cash burn alongside rising leverage) and bearish technical conditions (price below key moving averages with negative MACD). Valuation provides limited offset because a negative P/E reflects losses and there is no dividend yield support.
Positive Factors
Revenue Scaling
Revenue scaling in 2025 indicates the company is gaining commercial traction and expanding its top-line base. Over a 2–6 month horizon this improves the outlook for operating leverage: fixed costs can be spread across higher sales, making future margin recovery and break-even achievement more feasible if growth persists.
Negative Factors
Substantial Cash Burn
Consistently negative operating and free cash flow signals heavy ongoing funding needs and a shrinking runway. Structurally, this increases refinancing and dilution risk, constrains reinvestment in operations or exploration, and makes the business dependent on external capital availability rather than internal cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scaling
Revenue scaling in 2025 indicates the company is gaining commercial traction and expanding its top-line base. Over a 2–6 month horizon this improves the outlook for operating leverage: fixed costs can be spread across higher sales, making future margin recovery and break-even achievement more feasible if growth persists.
Read all positive factors
Vertex Minerals Ltd. (VTX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$30.09M
Dividend YieldN/A
Average Volume (3M)1.37M
Price to Earnings (P/E)―
Beta (1Y)1.70
Revenue Growth4939.45%
EPS Growth-187.90%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.05
Shares Outstanding286,607,900
10 Day Avg. Volume1,312,071
30 Day Avg. Volume1,373,372
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)2.72
Price to Sales (P/S)144.28
P/FCF Ratio-2.52
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
Vertex Minerals Ltd. Business Overview & Revenue Model
Company Description
Vertex Minerals Limited is an Australian company dedicated to the assessment and discovery of mineral resources, with activities concentrated in New South Wales and Western Australia. The firm primarily targets gold and nickel deposits. Its projec...
How the Company Makes Money
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Vertex Minerals Ltd. Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
35
Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.45M | 292.55K | 71.73K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -5.09M | -1.84M | 71.73K | -2.00K | 0.00 | 0.00 |
| EBITDA | -7.14M | -4.35M | -1.05M | -967.92K | -474.53K | -43.64K |
| Net Income | -10.34M | -5.85M | -1.08M | -969.92K | -557.07K | -523.66K |
Balance Sheet | ||||||
| Total Assets | 37.11M | 29.57M | 13.20M | 7.77M | 8.44M | 95.00 |
| Cash, Cash Equivalents and Short-Term Investments | 1.50M | 1.72M | 2.11M | 596.31K | 3.45M | 0.00 |
| Total Debt | 9.13M | 10.58M | 381.70K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 11.34M | 14.07M | 1.12M | 309.33K | 283.85K | 43.73K |
| Stockholders Equity | 25.77M | 15.50M | 12.08M | 7.46M | 8.16M | -43.64K |
Cash Flow | ||||||
| Free Cash Flow | -21.75M | -16.75M | -4.26M | -2.81M | -1.60M | 0.00 |
| Operating Cash Flow | -8.55M | -5.45M | -1.17M | -598.67K | -425.32K | 0.00 |
| Investing Cash Flow | -7.66M | -12.04M | -3.09M | -2.22M | -1.18M | 0.00 |
| Financing Cash Flow | 16.35M | 17.10M | 5.77M | -35.97K | 5.05M | 0.00 |
Vertex Minerals Ltd. Technical Analysis
Negative
0.26
Price Trends
0.12
Negative
0.15
Negative
0.20
Negative
Market Momentum
>-0.01
Negative
42.69
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VTX, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.12, and above the 200-day MA of 0.20, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.69 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:VTX.
Vertex Minerals Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$24.38M | -7.92 | -88.16% | ― | ― | 16.00% | |
51 Neutral | AU$15.81M | -5.48 | -40.02% | ― | ― | 39.32% | |
50 Neutral | AU$34.29M | 0.73 | 124.08% | ― | ― | ― | |
44 Neutral | AU$30.09M | -2.05 | -50.09% | ― | 4939.45% | -187.90% | |
42 Neutral | AU$25.45M | -6.36 | -96.19% | ― | ― | -83.33% | |
39 Underperform | AU$28.38M | -4.80 | -49.57% | ― | ― | 7.55% |
* Basic Materials Sector Average
AU:VTX
Vertex Minerals Ltd.
0.10
-0.13
-57.39%
AU:NXM
Nexus Minerals Ltd.
0.05
-0.02
-27.69%
AU:ZAG
Zuleika Gold Limited
0.04
0.02
131.25%
AU:FAU
First AU Ltd.
0.01
0.00
0.00%
AU:OZM
OzAurum Resources Ltd.
0.08
<0.01
3.70%
AU:PGD
Peregrine Gold Ltd.
0.17
-0.02
-10.81%
Vertex Minerals Ltd. Corporate Events
Vertex Minerals plans new long-dated option issue to support funding
Jul 1, 2026
Vertex Minerals has lodged an Appendix 3B with the ASX outlining a proposed issue of up to 5,333,333 new options as part of a placement or similar capital-raising structure. The options will form a new class, exercisable at A$0.20 and expiring on ...
Vertex Minerals to Issue 12 Million Long-Dated Options on ASX
Jul 1, 2026
Vertex Minerals has lodged an Appendix 3B with the ASX outlining a proposed issue of up to 12 million new options, each expiring on 15 December 2028 with an exercise price of A$0.20. The options will form a new class of securities under the code V...
Vertex Minerals Plans Major Share Issue via Securities Purchase Plan
Jul 1, 2026
Vertex Minerals Ltd, an ASX-listed resources company trading under the ticker VTX, focuses on funding its operations and potential growth through equity issuances in the form of ordinary fully paid shares. The company’s use of structured cap...
Vertex Minerals launches discounted share purchase plan to fund gold production ramp-up
Jul 1, 2026
Vertex Minerals Ltd has launched a share purchase plan offering existing shareholders in Australia and New Zealand the chance to buy up to A$30,000 of new shares at A$0.10 each, a discount to recent trading prices. The plan targets a raise of A$2....
Vertex Minerals Expands Share Capital Through Option Exercises
Jun 30, 2026
Vertex Minerals Ltd. is an Australian-listed minerals company focused on exploration and development, with its equity and options quoted on the ASX under the code VTX. Operating in the resources sector, the company uses share and option issuances ...
Vertex Minerals Seeks ASX Quotation for Additional Shares
Jun 30, 2026
Vertex Minerals Ltd. has applied for the quotation of an additional 30,425 ordinary fully paid shares on the ASX, expanding its listed securities on the market. The new shares, issued on June 30, 2026, modestly increase the company’s equity ...
Vertex Minerals revises securities issue timetable and cancels fee-related share issue
Jun 29, 2026
Vertex Minerals has updated its planned capital-raising timetable, pushing back the expected date for shareholder approval of a proposed securities issue to 31 August 2026, with the new issue date set for 7 September 2026. The shift reflects an am...
Vertex Minerals Outlines Director’s Shareholdings and New Convertible Loan
Jun 29, 2026
Vertex Minerals has disclosed that director Bruce McInnes holds an indirect interest in 900,000 ordinary shares through related entities, with no change reported in his shareholding. The notice confirms that these shares remain unchanged and clari...
Vertex Minerals Revises Securities Placement Terms and Timetable
Jun 29, 2026
Vertex Minerals has updated its planned securities placement, confirming that a related party will participate on the same terms as other investors with an investment of AUD115,000. The company also revised the expected timetable, pushing sharehol...
Vertex Minerals Secures A$9 Million Convertible Loan to Advance Gold Operations
Jun 29, 2026
Vertex Minerals Limited has completed a A$9 million convertible loan funding arranged by Vert Capital Pty Ltd, providing fresh capital to support its gold production activities. An entity related to Executive Chairman Bruce McInnes contributed A$1...
Vertex Director Bruce McInnes Increases Indirect Shareholding via On-Market Purchase
Jun 26, 2026
Vertex Minerals Limited has disclosed a change in director Bruce McInnes’s relevant interests in the company’s securities, as required under ASX listing rules. Through related entities including the B K McInnes Superannuation Fund and...
Vertex Minerals Director Increases Indirect Shareholding via On-Market Purchase
Jun 25, 2026
Vertex Minerals director Bruce McInnes has increased his indirect shareholding in the company through related entities, lifting his stake from 500,000 to 700,000 ordinary fully paid shares. The additional 200,000 shares were acquired on-market at ...
Vertex Minerals Director James Simpson Acquires Shares on Market
Jun 24, 2026
Vertex Minerals Limited disclosed a change in director James Simpson’s interests, as required under ASX listing rules. The filing shows Simpson previously held no shares and now owns 76,769 ordinary fully paid shares in the company.The share...
Vertex Minerals Director Increases Indirect Stake with 500,000-Share On-Market Purchase
Jun 23, 2026
Vertex Minerals Limited has disclosed a change in director Bruce McInnes’s relevant interests, with an entity related to him, the B K McInnes Superannuation Fund, purchasing 500,000 ordinary fully paid shares on market at $0.12 per share. T...
Vertex Minerals appoints new director with no current shareholding
Jun 18, 2026
Vertex Minerals Limited has appointed Bruce McInnes as a director effective 18 June 2026, according to an Initial Director’s Interest Notice lodged with the ASX. The filing states that McInnes currently holds no relevant interests in the com...
Vertex Minerals appoints new executive chairman as gold production nears
Jun 18, 2026
Vertex Minerals Ltd. has appointed Bruce McInnes as Executive Chairman and Director, effective 18 June 2026, as the company moves from project development towards commercial gold production targeted for October 2026. The board believes McInnes wil...
Vertex Minerals Updates Director Interest Notices After Filing Oversight
Jun 5, 2026
Vertex Minerals has lodged updated Change of Director’s Interest notices detailing an on-market share purchase by Executive Chairman Roger Jackson and the prior issue of listed options (VTXOA) to Jackson and director Tully Richards under a 2...
Vertex Minerals ramps up Reward gold output, secures funding and expands exploration footprint
Apr 30, 2026
Vertex Minerals reported operational progress at its Reward Gold Mine in the March 2026 quarter, with gold output more than doubling to 284 ounces as underground mining continued to ramp up and additional mining fronts, including the Paxton Reef, ...
Vertex Minerals Reaffirms JORC-Compliant Gold Resources at NSW Forum
Apr 28, 2026
Vertex Minerals Ltd. used its corporate presentation at the NSW Mining Investment Forum to outline its status as a high-grade gold developer and producer, centred on projects such as the Reward Gold Mine. The company reiterated that its mineral re...
Vertex Minerals Reconciles Capital Structure, Corrects ASX Disclosures on Convertible Notes
Apr 23, 2026
Vertex Minerals has disclosed that, following shareholder approval in July 2025, it issued a total of 5,949,350 convertible notes between August and October 2025 to institutional and sophisticated investors who converted earlier loan funding into ...
Vertex Minerals to Issue New Unquoted Convertible Notes
Apr 23, 2026
Vertex Minerals Ltd., the ASX-listed minerals company, has notified the market of a new issue of unquoted convertible notes as part of its capital structure management. The notes carry a 10.00% coupon, are exercisable at $0.17, and mature on 31 De...
Vertex Minerals Updates Capital Raising Plans With Cancellation of Earlier Securities Issue
Apr 23, 2026
Vertex Minerals Ltd., the ASX-listed mining company trading under ticker VTX, has detailed changes to its capital management plans involving proposed issues of securities. The disclosure centers on the company’s use of placements and other s...
Vertex Minerals revises capital-raising disclosure with Appendix 3B cancellation
Apr 23, 2026
Vertex Minerals Ltd., the ASX-listed mining and resources company trading under code VTX, is engaged in mineral exploration and development and relies on capital markets for funding through equity and related securities. The company operates withi...
Vertex ramps up gold output and underground upgrades at Reward mine
Apr 9, 2026
Vertex Minerals reported a rise in monthly gold production at the Reward Gold Mine, with output increasing from 84 ounces in February 2026 to 121 ounces in March and 44 ounces of gold on hand at month-end. March gold sales reached 89 ounces for gr...
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.