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Vertex Minerals Ltd.
(Sydney:VTX)
Vertex Minerals Ltd. (VTX) vs. iShares MSCI Australia ETF (EWA)
Vertex Minerals Ltd. Business Overview & Revenue Model
Vertex Minerals Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 292.55K | 292.55K | 71.73K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.84M | -1.84M | 71.73K | -2.00K | 0.00 | 0.00 |
| EBITDA | -4.35M | -4.35M | -1.05M | -967.92K | -474.53K | -43.64K |
| Net Income | -5.85M | -5.85M | -1.08M | -969.92K | -557.07K | -523.66K |
Balance Sheet | ||||||
| Total Assets | 29.57M | 29.57M | 13.20M | 7.77M | 8.44M | 95.00 |
| Cash, Cash Equivalents and Short-Term Investments | 1.72M | 1.72M | 2.11M | 596.31K | 3.45M | 0.00 |
| Total Debt | 10.58M | 10.58M | 381.70K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 14.07M | 14.07M | 1.12M | 309.33K | 283.85K | 43.73K |
| Stockholders Equity | 15.50M | 15.50M | 12.08M | 7.46M | 8.16M | -43.64K |
Cash Flow | ||||||
| Free Cash Flow | -16.75M | -16.75M | -4.26M | -2.81M | -1.60M | 0.00 |
| Operating Cash Flow | -5.45M | -5.45M | -1.17M | -598.67K | -425.32K | 0.00 |
| Investing Cash Flow | -12.04M | -12.04M | -3.09M | -2.22M | -1.18M | 0.00 |
| Financing Cash Flow | 17.10M | 17.10M | 5.77M | -35.97K | 5.05M | 0.00 |
Vertex Minerals Ltd. Technical Analysis
Vertex Minerals Ltd. Peers Comparison
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$127.61M | 90.00 | 8.05% | ― | ― | ― | |
52 Neutral | AU$158.71M | -66.00 | -5.37% | ― | ― | ― | |
47 Neutral | AU$51.21M | -2.70 | -180.34% | ― | -12.81% | 24.49% | |
47 Neutral | AU$45.21M | -11.94 | -13.66% | ― | ― | 50.00% | |
47 Neutral | AU$172.23M | -41.67 | -9.15% | ― | ― | -12.00% | |
44 Neutral | AU$74.49M | -7.08 | -42.43% | ― | 307.85% | -133.82% |
Vertex Minerals Ltd. Corporate Events
Vertex Minerals Limited has issued 49,631 new fully paid ordinary shares following the exercise of listed options at strike prices of A$0.15 and A$0.25 per share, respectively. The shares were issued without a prospectus under the Corporations Act’s cleansing provisions, with the company confirming it is up to date with its financial reporting and continuous disclosure obligations and stating there is no excluded information requiring disclosure, thereby maintaining regulatory compliance while modestly increasing its share capital base.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited, an ASX-listed mining and resources company trading under the ticker VTX, has lodged an application with the exchange for the quotation of additional ordinary fully paid shares. The company is seeking quotation of 49,631 new ordinary fully paid shares issued on 7 January 2026, stemming from the exercise or conversion of existing options or other convertible securities, modestly increasing its quoted capital base and signalling ongoing utilisation of equity-based instruments within its capital structure.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited has disclosed a change in director Tully Richards’ holdings, noting both direct and indirect interests in the company’s securities, including shares, listed options and unlisted performance rights. Richards acquired 40,000 ordinary fully paid shares on market at $0.255 per share on 7 January 2026, increasing his total shareholding to 1,575,550 shares, with no changes to his option or performance rights positions and no related contracts involved, indicating a modest vote of confidence in the company by a board member.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals director Tully Richards has increased his holding in the company through an on-market purchase of additional fully paid ordinary shares. The transaction, completed on 24 December 2025 at a price of $0.225 per share, lifts Richards’ direct and indirect shareholding to 1,535,550 shares, alongside existing listed options and unlisted performance rights, signaling continued alignment of the director’s financial interests with those of shareholders.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd., listed on the ASX under code VTX, has lodged an Appendix 3B detailing a proposed issue of options as part of a placement or other securities issue. The company plans to issue up to 1,873,950 options expiring 17 July 2026 (VTXOA) and a further 1,873,950 options expiring 17 July 2027 (VTXO), with a proposed issue date of 7 July 2026, signalling an intention to use options-based issuance to support its capital structure and provide additional leverage for investors. While financial terms are not disclosed, the move indicates ongoing capital management activities that may influence shareholder dilution, trading liquidity and the company’s capacity to fund future corporate or project initiatives.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd has lodged an Appendix 3B with the ASX outlining a proposed placement or similar issue of up to 10 million options, comprising a maximum of 5 million VTXO options expiring 17 July 2027 and 5 million VTXOA options expiring 17 July 2026, with a proposed issue date of 7 July 2026. The planned issuance is intended to expand the company’s quoted securities on market and, if completed, would potentially provide additional funding flexibility and leverage to future share price performance for both the company and participating investors.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals has secured two arm’s length loan facilities totalling A$4.5 million from an existing shareholder and Monaco-based Global ESG Investments Limited, bolstering liquidity during the operational ramp-up of its high-grade Reward Gold Mine in New South Wales. The new funding will be directed to underground mine development, plant optimisation and working capital, supporting an accelerated transition to steady-state production and gold sales, with repayments expected from operating cash flow in 2026, underscoring lender confidence in the asset as Vertex progresses key milestones in underground production and processing at Reward.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals reports a steady ramp-up in gold production at the Reward Gold Mine as underground stoping ore volumes and grades improve, supported by successful remote loading from the 1438 north stope, progress on Decline 3 rehabilitation towards flatback stoping, and ore-grade development on the Star of Peace vein. All five underground mining areas are now in ore development or stoping, the processing plant is operating near nameplate throughput after recent screen modifications, and quarter-to-date gold sales have reached $656,708, positioning the company for further production growth as additional stoping fronts are established and mining rates better align with plant capacity.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited has announced the appointment of James Simpson as a director, effective 19 December 2025, and has lodged the required initial director’s interest notice with the ASX. The filing confirms that Simpson currently holds no relevant interests in Vertex Minerals’ securities and has no interests in contracts related to the company, signalling a clean starting position in terms of equity and contractual exposure as he joins the board, with no immediate dilution or shift in ownership structure for existing shareholders.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited has announced that director Declan Franzmann ceased to be a director of the company on 19 December 2025, as disclosed in a final director’s interest notice lodged with the ASX. At the time of his departure, Franzmann held no Vertex securities in his own name, but had indirect interests through related entity Citraen Pty Ltd
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd has appointed veteran mining executive Jim Simpson as a Non-Executive Director, replacing long-serving director Declan Franzmann, who is retiring after four years with the company. Simpson brings more than 35 years of Australian and international mining experience across gold, copper, lead and zinc, with a strong track record in high-grade narrow-vein mining, feasibility studies, operational turnarounds and corporate growth at operations such as Stawell Gold Mines, Hera and Peak Gold Mines, Silver Swan Nickel and Gossan Hill. The board expects his local knowledge of the New South Wales mining environment and specialist underground gold expertise to bolster the company’s operational capabilities at the Reward Gold Mine and support its ambitions as a growing high-grade producer, while Franzmann’s departure marks the transition from project start-up to production phase following his key role in getting the mine into operation.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. has announced significant operational milestones at its Reward Gold Mine, highlighting advancements in its underground mining operations. The company successfully connected a remote-control unit to the Aramine underground loader, which has started loading ore from the 1438 north stope. The development of Decline 3 is progressing, and gold grades are increasing as new areas are developed. The ramp-up in gold production is on track, with more development headings becoming available as rehabilitation tasks are completed. This advancement positions Vertex Minerals Ltd. as a leader in utilizing tele remote equipment in underground mining, enhancing safety and efficiency in its operations.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited announced the results of its annual general meeting held on November 28, 2025. All resolutions, including the adoption of the remuneration report, re-election of a director, approval of a mandate, and confirmation of the auditor’s appointment, were carried by a poll, indicating strong shareholder support for the company’s governance and strategic direction.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. has announced significant progress in its operations at the Reward Gold Mine, with gold grades increasing by 183% since the last update. The company expects further improvements in gold grades and production levels, with planned gold sales for November 2025 anticipated to exceed 150 ounces. The installation of a tele-remote capable loader is underway, enhancing operational capabilities. Despite previous concerns, the mine does not have significant water issues, and the water present is effectively managed and utilized in the plant.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited has announced a change in its auditing firm, with the Australian Securities and Investments Commission consenting to the resignation of William Buck Audit (Vic) Pty Ltd. The company proposes to appoint BDO Audit Pty Ltd as its new auditor, pending shareholder approval at the upcoming annual general meeting. This transition reflects a strategic decision by Vertex Minerals to potentially enhance its financial oversight and auditing processes, which could have implications for its operational transparency and stakeholder confidence.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. has announced an update on its Reward Gold Mine operations, highlighting recent achievements and ongoing challenges. The company has generated $197,000 in gold sales over the past week and is working on overcoming delays in its production ramp-up due to rehabilitation and equipment issues. Efforts to mitigate these challenges include mobilizing additional resources and commencing development on new veins, with a focus on maintaining safety and best practices.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited has commenced underground ore production at the Reward Gold Mine, marking a significant transition to high-grade gold production. The company processed its first freshly-blasted ore and established multiple mining fronts, enhancing operational flexibility and production capacity. Key infrastructure developments, including a new power network and tele-remote loader, have been completed to support ongoing operations. The company is advancing its capital-raising program to strengthen its balance sheet and expand production capacity, positioning itself for sustained operational momentum through 2026.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited, listed on the Australian Securities Exchange under the code VTX, has announced its upcoming Annual General Meeting (AGM) scheduled for November 28, 2025, in Sydney. The meeting will be held in person, and shareholders are encouraged to attend or participate via proxy voting. The notice provides detailed information on how shareholders can engage in the AGM, emphasizing the importance of their votes and participation.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited announced the issuance of 321,896 new fully paid ordinary shares following the exercise of listed options. This move is part of the company’s strategic financial operations, potentially enhancing its capital structure and providing additional resources for its ongoing mineral exploration and development projects.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. announced the quotation of 321,896 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective October 27, 2025. This move reflects the company’s strategic efforts to expand its capital base and potentially improve its market positioning, offering stakeholders an opportunity to engage with its growth trajectory.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. has announced significant operational milestones at its Reward Gold Mine, including the refurbishment of its processing plant and the commencement of gold sales. Despite facing delays due to infrastructure and equipment challenges, the company has implemented strategies to mitigate these issues, such as employing multiple mining methods and upgrading safety standards. These developments position Vertex to enhance its production capabilities and explore further resource expansion, potentially impacting its market standing and stakeholder interests.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited announced the issuance of 39,596,537 quoted options, expiring on 17 July 2026, with an exercise price of $0.25 each. This strategic move, which includes 1,113,922 options issued without disclosure under specific legal provisions, aims to enhance the company’s financial flexibility and market positioning.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited, a company listed on the ASX under the code VTX, has announced the issuance of 25,591,048 new fully paid ordinary shares at varying prices. This move is part of their compliance with the Corporations Act, allowing them to issue shares without disclosure to investors. The announcement indicates that the company is adhering to relevant legislative requirements, which may impact its financial operations and investor relations.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. announced the quotation of new securities on the Australian Securities Exchange (ASX), with over 17 million ordinary shares and 19 million options set to be listed. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. has announced the quotation of new securities on the Australian Securities Exchange (ASX), consisting of over 8 million ordinary fully paid shares and nearly 18 million options expiring in July 2026. This move is part of a previously announced transaction, potentially enhancing the company’s financial flexibility and market presence.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd. has announced the application for the quotation of 2,506,313 securities, specifically options expiring on July 17, 2026, on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, potentially impacting the company’s financial operations and market positioning by increasing its capital base and enhancing liquidity for stakeholders.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Limited has successfully secured the Exploration Licence Application 6978, known as ‘Dun Dun’, which strategically connects its existing licenses at Hill End and Hargraves. This acquisition provides Vertex with access to a significant stretch of gold-bearing geology, enhancing its exploration targets and resource development opportunities. The Dun Dun area, characterized by historic gold workings and gold-bearing quartz veins, aligns well with the company’s current mining operations and is expected to bolster its future gold inventory and production capabilities.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.
Vertex Minerals Ltd has released a corporate presentation at the Australian Gold Conference, highlighting its compliance with the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves (JORC, 2012). The company emphasizes the accuracy and reliability of its mineral resource statements, ensuring stakeholders of the robustness of its exploration targets and resource estimates.
The most recent analyst rating on (AU:VTX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vertex Minerals Ltd. stock, see the AU:VTX Stock Forecast page.