Vast Resources (VAST) AI Stock Analysis

• Market Cap: £6.65M
• Dividend Yield: N/A
• Average Volume (3M): 26.32M
• Price to Earnings (P/E): ―
• Beta (1Y): -1.04
• Revenue Growth: -87.94%
• EPS Growth: 42.21%
• Country: UK
• Employees: 323
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 2,608,607,400
• 10 Day Avg. Volume: 30,238,771
• 30 Day Avg. Volume: 26,323,508
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.83
• Price to Cash Flow (P/CF): -3.80
• P/FCF Ratio: 15.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Vast Resources is struggling with significant financial difficulties, evidenced by negative profitability and cash flow metrics. These issues are the primary factors causing the low overall score. Despite positive technical indicators suggesting short-term momentum, the company's poor financial health and lack of earnings or dividend appeal significantly weigh down its stock score.

Vast Resources Business Overview & Revenue Model

Company Description

Vast Resources plc engages in the exploration and development of mineral projects in Sub-Saharan Africa and Eastern Europe. The company explores for copper, gold, silver, zinc, lead, and diamond deposits. It holds 100% interest in the Baita Plai Polymetallic Mine located in Romania; and 100% interest the Manaila Polymetallic Mine covering an area of approximately 138.6 hectares located in Romania; 29.41% interest in the Blueberry Polymetallic Gold project located in Baia de Aries, Western Romania; and interests in other Romanian prospects. The company was formerly known as African Consolidated Resources Plc and changed its name to Vast Resources plc in December 2014. Vast Resources plc was incorporated in 2005 and is headquartered in Maidstone, the United Kingdom.

How the Company Makes Money

Vast Resources generates revenue through the extraction, processing, and sale of mineral resources. The company's key revenue streams include the sale of metals such as copper, zinc, gold, and silver, which are produced from its mining operations. Vast Resources also benefits from strategic partnerships and joint ventures, which may involve sharing infrastructure, technology, and expertise to optimize production and reduce costs. Additionally, the company may earn income from the sale of mining rights or interests in its projects, as well as through potential royalties or licensing agreements tied to its mineral assets.

Vast Resources Financial Statement Overview

Summary

Vast Resources is facing significant financial challenges across all verticals. The company shows a consistent pattern of operational losses, negative equity, and poor cash flow generation, which could jeopardize long-term sustainability. Immediate strategic focus on improving operational efficiency and financial restructuring is critical for recovery.

Income Statement

The income statement shows significant challenges with profitability. The company has consistently reported negative gross profit margins and net income over the years, indicating ongoing operational inefficiencies. Revenue decreased significantly in the most recent period, reflecting a negative growth trajectory. EBIT and EBITDA margins are also deeply negative, reinforcing the need for strategic operational improvements.

Balance Sheet

The balance sheet is concerning due to a negative stockholders' equity, indicating that liabilities exceed assets. The debt-to-equity ratio is not calculable due to negative equity, pointing to potential solvency issues. ROE cannot be computed for the same reason. This financial instability highlights significant leverage and risks related to debt.

Cash Flow

Cash flow analysis reveals consistent negative operating and free cash flows, which raise sustainability concerns. The company has struggled to generate positive cash flow from operations, further exacerbating financial instability. The operating cash flow to net income ratio indicates that cash outflows are greater than net income losses, highlighting cash management challenges.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
2.03M	3.72M	3.78M	896.00K	0.00
	Gross Profit
-5.55M	-4.68M	-3.62M	-1.75M	0.00
	EBIT
-12.00M	-8.14M	-13.01M	-4.21M	-7.24M
	EBITDA
-11.51M	-7.80M	-12.19M	-3.49M	-6.30M
	Net Income Common Stockholders
-14.65M	-10.51M	-17.98M	-11.29M	-9.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
25.00K	530.00K	103.00K	1.39M	1.40M
	Total Assets
21.86M	23.59M	21.30M	23.70M	17.07M
	Total Debt
10.41M	9.17M	20.39M	9.59M	8.73M
	Net Debt
10.39M	8.64M	20.29M	8.21M	8.26M
	Total Liabilities
27.35M	21.04M	19.17M	14.59M	12.57M
	Stockholders Equity
-5.50M	2.54M	2.13M	9.12M	4.84M
Cash Flow		Free Cash Flow
-4.47M	-8.29M	-5.03M	-10.35M	-7.99M
	Operating Cash Flow
-3.97M	-6.40M	-3.56M	-5.96M	-5.23M
	Investing Cash Flow
-495.00K	-1.87M	-1.88M	-4.39M	-3.65M
	Financing Cash Flow
3.96M	8.69M	4.16M	11.25M	8.79M

Vast Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:VAST, the sentiment is Positive. The current price of 0.25 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.21, and above the 200-day MA of 0.13, indicating a bullish trend. The MACD of 0.01 indicates Positive momentum. The RSI at 57.12 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:VAST.

Vast Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GGP	58 Neutral	£1.80B	334.00	3.19%	―	―	―
Sector *	47 Neutral	$2.53B	-3.19	-22.23%	3.49%	4.01%	-27.90%
VAST	38 Underperform	£6.65M	―		―	-87.94%	42.21%

Vast Resources Corporate Events

Vast Resources’ Baita Plai Reorganization Proceeds Smoothly

Vast Resources plc announced that the court hearing for the voluntary reorganization of its subsidiary, Vast Baita Plai SA, proceeded without any new issues. The court approved the Judicial Administrator’s report and scheduled a new hearing for September 2025 to continue the observation period. This development is crucial for Vast Resources as it seeks to stabilize its operations and enhance its market position in the mining industry.

Vast Resources PLC Announces Change in Major Shareholder Holdings

Vast Resources PLC has announced a change in its major holdings, with David Ian Jones crossing a significant threshold of voting rights, now holding 13.46% of the company’s shares. This development indicates a potential shift in shareholder influence and could impact the company’s strategic decisions and stakeholder dynamics.

Vast Resources Reports Reduced Losses Amid Operational Restructuring

Vast Resources has released its interim financial results for the period from May to October 2024, showing a decrease in losses and stable administrative expenses despite a significant drop in revenue due to operational challenges. The company has initiated a voluntary reorganization of its Romanian operations to manage costs and is exploring new opportunities in Tajikistan, indicating a strategic shift to stabilize and potentially grow its mining operations.

Vast Resources Sees Shift in Major Holdings

Vast Resources PLC has announced a change in its major holdings, with David Ian Jones increasing his voting rights from 9.71% to 12.04%. This shift in voting rights could influence company decisions and reflects a strategic move by stakeholders, potentially impacting the company’s governance and future business direction.