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Vast Resources
(LSE:VAST)
Vast Resources (VAST) vs. iShares MSCI United Kingdom ETF (EWC)
Vast Resources Business Overview & Revenue Model
Vast Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.99M | 484.00K | 2.03M | 3.72M | 3.78M | 896.00K |
| Gross Profit | -6.13M | -1.74M | -5.55M | -4.68M | -3.62M | -1.75M |
| EBITDA | -11.51M | -5.26M | -11.51M | -7.80M | -12.19M | -3.49M |
| Net Income | -14.49M | -6.57M | -14.65M | -10.51M | -15.49M | -7.75M |
Balance Sheet | ||||||
| Total Assets | 21.86M | 23.41M | 21.86M | 23.59M | 21.30M | 23.70M |
| Cash, Cash Equivalents and Short-Term Investments | 25.00K | 20.00K | 25.00K | 530.00K | 103.00K | 1.39M |
| Total Debt | 10.41M | 12.03M | 10.41M | 9.17M | 20.39M | 9.59M |
| Total Liabilities | 27.35M | 33.23M | 27.35M | 21.04M | 19.17M | 14.59M |
| Stockholders Equity | -5.50M | -9.82M | -5.50M | 2.54M | 2.13M | 9.12M |
Cash Flow | ||||||
| Free Cash Flow | -4.38M | -3.28M | -4.47M | -8.29M | -5.03M | -10.35M |
| Operating Cash Flow | -1.00M | -1.93M | -3.97M | -6.40M | -3.56M | -5.96M |
| Investing Cash Flow | -486.02K | -1.35M | -495.00K | -1.87M | -1.88M | -4.39M |
| Financing Cash Flow | 3.86M | 3.28M | 3.96M | 8.69M | 4.16M | 11.25M |
Vast Resources Technical Analysis
Vast Resources 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% | |
56 Neutral | £16.99M | 5.25 | 45.94% | ― | ― | ― | |
49 Neutral | £9.77M | -2.60 | -32.02% | ― | ― | ― | |
48 Neutral | £7.83M | -1.31 | -13.01% | ― | ― | ― | |
41 Neutral | £3.65M | -0.13 | -58.43% | ― | ― | ― | |
41 Neutral | £2.31M | -0.36 | -39.69% | ― | ― | 22.22% | |
40 Underperform | £6.00M | -0.44 | ― | ― | -76.58% | 83.44% |
Vast Resources Corporate Events
Vast Resources has agreed a conditional all-share deal to acquire 100% of Gulf International Minerals Limited from Bay Square Pacific and its shareholders, a transaction that will result in the sellers owning around 80% of the enlarged share capital on readmission and will constitute a reverse takeover under AIM rules. The proposed acquisition would give Vast full ownership of Gulf’s joint venture interests in four gold mining operations and associated processing and tailings assets in northern Tajikistan, currently producing about 10,400 ounces of gold and 80,000 ounces of silver a year, and supersede Vast’s existing profit-share and option-based exposure to the Aprelevka operation; alongside the deal, Vast plans to raise approximately £7.5 million via a placing and retail offer, has secured a suspension of its shares on AIM pending publication of an admission document in early 2026, and is commissioning a Competent Person’s Report to underpin future JORC-compliant resource estimates, signalling an attempt to scale its Eurasian gold footprint and strengthen its resource credentials despite execution and timing uncertainties.
The most recent analyst rating on (GB:VAST) stock is a Sell with a £0.11 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources has agreed a conditional all-share deal to acquire 100% of Gulf International Minerals Limited, giving it full ownership of Gulf’s joint venture with the Tajik government over four producing gold operations at Aprelevka, Burgunda, Ikkizelon and Kyzylcheku, plus associated tailings and a central processing plant in northern Tajikistan. The transaction, treated as a reverse takeover under AIM rules, will see Gulf’s current owner and its shareholders receive 80% of Vast’s enlarged share capital on completion, while Vast plans to raise about £7.5 million through a placing and a retail offer, has commissioned a Competent Person’s Report on the Aprelevka assets, and has secured deferrals of debt facility repayments as it pursues what the board describes as a transformative expansion of its Tajikistan footprint and resource base; trading in its shares has been suspended on AIM pending publication of an admission document in early 2026 and shareholder approval.
The most recent analyst rating on (GB:VAST) stock is a Sell with a £0.11 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources announced an update on its diamond tender process, revealing the sale of 123,711.8 carats of lower value stones at an average price of $6.87 per carat. The tender included various categories of stones, with the company emphasizing that the quality references are indicative, and the sales value is the primary metric. The board is encouraged by the tender’s success, which supports future marketing of high-value stones and demonstrates the company’s capability in the diamond market.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc announced the results of its recent diamond tender, selling 123,711.8 carats of lower value gem and industrial stones at an average price of $6.87 per carat. The tender process, which included various categories of stones, demonstrated the company’s capability to market its diamonds and sets the stage for future tenders. The company retains a parcel of approximately 135,139.47 carats of gem-quality stones for future sales. This initial tender is seen as a positive step in enhancing Vast’s market presence and operational strategy.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources announced the successful tender of an initial parcel of 126,677.50 carats of gemstones, achieving a 98% sale rate and generating approximately $1.09 million in revenue. The remaining higher-grade gem quality stones are expected to be sold alongside untendered stones, potentially delivering significant value to shareholders. This auction sets the stage for future tenders of higher quality stones, potentially impacting the company’s market positioning and stakeholder value.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc has addressed shareholder inquiries regarding the classification and sale of a diamond parcel initially reported to exceed 135,000 carats. The company clarified that the total carat weight remains unchanged, with a portion of the stones reclassified into higher quality categories, and a tender auction for 126,677 carats is underway. While diamond sales are expected to generate significant revenue, Vast Resources has acknowledged the need for additional financing to fully repay its secured debt, maintaining that the company has not relied solely on diamond proceeds for debt repayment.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc has announced the tender details for an initial parcel of rough stones totaling 126,677.50 carats, which includes various categories of gem and industrial stones. The company plans to sell the higher quality stones in phases to maximize revenue and shareholder value. This strategic move is expected to impact the company’s operations positively by optimizing revenue streams and enhancing its market positioning.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc has announced the repayment of $1 million in debt to A&T Investments SARL and Mercuria Energy Trading SA, securing an extension of the loan terms until the end of 2025. The company plans to use revenue from upcoming diamond sales and potential new funding arrangements to repay the loans in full, which could positively impact its financial stability and operational capabilities.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc announced its audited final results for the year ending April 2025, highlighting a significant decrease in revenue due to reduced concentrate sales in Romania and operational challenges. The company has undertaken a reorganization of its Romanian operations and is focusing on maximizing returns from its diamond assets in Zimbabwe. Despite financial challenges, Vast Resources is actively pursuing new business opportunities and strategic partnerships, including a Memorandum of Understanding with the Government of Tajikistan to develop the non-ferrous mining industry.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc has announced a successful placement raising £2,000,000 through the issuance of over 1.1 billion new ordinary shares. The funds will be used to repay debt, conduct due diligence for resuming operations at its Romanian mines, and strengthen its cash position ahead of finalizing annual accounts. This financial maneuver is expected to support the company’s strategic goals in expanding its mining operations and securing new partnerships, potentially impacting its market position and stakeholder interests.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc has raised £2,000,000 through a placement of new ordinary shares, with the funds intended for debt repayment, operational due diligence, and boosting cash reserves. This financial move is aimed at securing loan extensions, resuming operations at key mines, and stabilizing the company’s financial position as it awaits proceeds from a diamond sale, potentially impacting its operational capabilities and market positioning.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.
Vast Resources plc announced a scheduled rough stone tender for over 120,000 carats with Trans Atlantic Gems Dubai starting the week of November 17, 2025. This follows a temporary slowdown in diamond demand due to the Diwali festival. The company continues to focus on maximizing shareholder returns by being involved in the entire value chain, and further updates will be provided as necessary.
The most recent analyst rating on (GB:VAST) stock is a Hold with a £0.50 price target. To see the full list of analyst forecasts on Vast Resources stock, see the GB:VAST Stock Forecast page.