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Vast Resources PLC (GB:VAST)
LSE:VAST

Vast Resources (VAST) AI Stock Analysis

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GB

Vast Resources

(LSE:VAST)

Rating:54Neutral
Price Target:
0.50p
▲(11.11%Upside)
Vast Resources' overall stock score is primarily influenced by its financial struggles, reflected in a low financial performance score due to consistent operational losses and negative equity. However, recent positive corporate events and some technical analysis indicators provide a counterbalance, indicating potential for strategic improvement and market presence enhancement. Valuation challenges remain due to negative profitability metrics.

Vast Resources (VAST) vs. iShares MSCI United Kingdom ETF (EWC)

Vast Resources Business Overview & Revenue Model

Company DescriptionVast Resources (VAST) is a mining and resource development company primarily engaged in the exploration and extraction of mineral resources. Operating in Romania and Zimbabwe, the company focuses on the production of base metals such as copper, lead, and zinc, as well as precious metals like gold and silver. Vast Resources leverages its local expertise and strategic partnerships to develop and operate mineral-rich mining projects, aiming to deliver sustainable growth and value to its stakeholders.
How the Company Makes MoneyVast Resources makes money through the extraction and sale of mined minerals. The company's revenue model is centered around its mining operations, where it extracts base and precious metals from its owned or partnered mines. These metals are then sold in the global commodities market, generating income. Key revenue streams include the sale of copper, lead, zinc, gold, and silver. The company's earnings are significantly influenced by the market prices of these commodities, production volumes, and operational efficiencies. Partnerships with local and international entities also play a crucial role in enhancing its mining capabilities and expanding its market reach.

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
30
Negative
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
20
Very Negative
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
25
Negative
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 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
2.03M3.72M3.78M896.00K0.00
Gross Profit
-5.55M-4.68M-3.62M-1.75M0.00
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 SheetCash, Cash Equivalents and Short-Term Investments
25.00K530.00K103.00K1.39M1.40M
Total Assets
21.86M23.59M21.30M23.70M17.07M
Total Debt
10.41M9.17M20.39M9.59M8.73M
Net Debt
10.39M8.64M20.29M8.21M8.26M
Total Liabilities
27.35M21.04M19.17M14.59M12.57M
Stockholders Equity
-5.50M2.54M2.13M9.12M4.84M
Cash FlowFree 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
3.96M8.69M4.16M11.25M8.79M

Vast Resources Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.45
Price Trends
50DMA
0.39
Positive
100DMA
0.28
Positive
200DMA
0.19
Positive
Market Momentum
MACD
0.02
Positive
RSI
52.78
Neutral
STOCH
34.09
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 0.45 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.39, and above the 200-day MA of 0.19, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 52.78 is Neutral, neither overbought nor oversold. The STOCH value of 34.09 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

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBPOW
58
Neutral
£15.03M4.9118.19%574.36%
54
Neutral
£13.69M
-87.94%42.21%
51
Neutral
$2.04B-1.21-21.10%3.95%2.90%-30.45%
GBGLR
50
Neutral
£11.05M6.6113.37%
44
Neutral
£20.57M-62.56%7.14%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:VAST
Vast Resources
0.45
0.26
136.84%
GB:POW
Power Metal Resources Plc
13.30
-4.70
-26.11%
GB:GLR
Galileo Resources
0.92
-0.13
-12.38%
GB:CRCL
Corcel
0.38
0.25
192.31%

Vast Resources Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Vast Resources Raises £424,000 Through Warrant Exercise
Positive
May 29, 2025

Vast Resources plc has announced the exercise of warrants for 106,000,000 new ordinary shares, raising £424,000. The new shares will be admitted to trading on AIM, increasing the company’s total voting rights to 3,111,607,357 shares. This development supports Vast’s ongoing projects and strategic initiatives in its operational regions.

Business Operations and Strategy
Vast Resources Strengthens Ties with Tajikistan Through New MoU
Positive
May 20, 2025

Vast Resources plc recently participated in the Tajikistan-UK Mining Forum, where it signed a non-binding Memorandum of Understanding with Tajikistan’s Ministry of Industry and New Technologies. This agreement aims to foster collaboration in identifying and developing non-ferrous and strategic mineral deposits, as well as establishing a Tajik Mineral Investment Fund to boost Tajikistan’s mining sector. The MoU is expected to strengthen Vast’s position in the mining industry and potentially enhance its operations in Tajikistan, benefiting stakeholders through increased exploration and investment opportunities.

Business Operations and Strategy
Vast Resources Announces Change of Registered Office
Neutral
May 15, 2025

Vast Resources plc has announced a change in its registered office address to a new location in London. This administrative update reflects the company’s ongoing operational adjustments as it continues to focus on its mining projects across Romania, Tajikistan, and Zimbabwe. The change is part of the company’s broader strategy to optimize its business operations and maintain its market positioning within the mining sector.

Delistings and Listing ChangesPrivate Placements and Financing
Vast Resources Raises £808,000 Through Warrant Exercise
Positive
May 12, 2025

Vast Resources plc announced the exercise of warrants over 202,000,000 new ordinary shares, raising £808,000. This development is expected to enhance the company’s financial position, with the new shares set to commence trading on AIM. The increase in share capital will impact shareholder calculations under the Financial Conduct Authority’s rules.

Executive/Board ChangesBusiness Operations and Strategy
Vast Resources Appoints James McFarlane as Non-Executive Director
Positive
May 7, 2025

Vast Resources plc has appointed James McFarlane as a Non-Executive Director, bringing his extensive experience in UK and European mining operations to the company. This strategic appointment is expected to strengthen Vast’s board as the company embarks on an exciting new phase following the release of the Historic Diamond Parcel, aiming to further establish itself as a mid-tier mining company.

Product-Related AnnouncementsBusiness Operations and Strategy
Vast Resources Unveils Additional Gem Discovery in Historic Parcel
Positive
May 7, 2025

Vast Resources plc announced the discovery of an additional 6,055.35 carats of gem-quality stones in its Historic Parcel, bringing the total to 135,139.47 carats, with 36,475.26 carats identified as gem quality. The company plans to conduct the sale of these diamonds in a phased manner to maximize value, with initial results expected soon, potentially enhancing its market position and shareholder value.

Private Placements and FinancingBusiness Operations and Strategy
Vast Resources Raises £780,000 Through Warrant Exercise
Positive
Apr 29, 2025

Vast Resources plc has announced the exercise of warrants resulting in the issuance of 195,000,000 new ordinary shares, raising £780,000. This move is expected to enhance the company’s financial position and support its ongoing mining projects. The new shares will be admitted to trading on the AIM market, increasing the total voting rights in the company to 2,803,607,357. This development could potentially strengthen Vast Resources’ market presence and provide additional resources for its operations in Romania, Tajikistan, and Zimbabwe.

Business Operations and Strategy
Vast Resources Reports Operational Progress Across Global Mining Projects
Positive
Apr 25, 2025

Vast Resources has provided an operational update on its mining activities in Romania and Tajikistan. The company is undertaking cost-cutting measures and joint venture discussions to enhance operations at the Baita Plai mine, while also preparing to restart operations at the Manaila mine. The Hanes Gold Mine is set to commence production with new equipment, and the Blueberry Gold Project is exploring alternative processing methods. Additionally, the Aprelevka Gold Mines have seen increased production, with plans for further capacity enhancements.

Business Operations and Strategy
Vast Resources Secures Release of Historical Diamond Parcel
Positive
Apr 25, 2025

Vast Resources has announced the successful release of a historical diamond parcel that had been held by the Reserve Bank of Zimbabwe since 2010. This development not only marks a significant achievement for the company but also demonstrates Zimbabwe’s openness to business for companies adhering to due process. The diamonds are now being prepared for sale, with the process expected to begin within a month. This event allows Vast Resources to reengage with its investment strategy in Zimbabwe and explore new opportunities, potentially impacting its future operations and market positioning.

Legal ProceedingsBusiness Operations and Strategy
Vast Resources’ Baita Plai Reorganization Proceeds Smoothly
Neutral
Apr 4, 2025

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.

Business Operations and Strategy
Vast Resources PLC Announces Change in Major Shareholder Holdings
Neutral
Mar 18, 2025

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.

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.