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Velocity Minerals
(VLC)
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Rating:50Neutral
Price Target:
C$0.19
▲(5.56% Upside)
Action:Reiterated
Date:05/28/26
Overall score is held back primarily by a pre-revenue, loss-making income profile and weak technical trend (below major moving averages with negative MACD). These are partly offset by a very low-debt balance sheet and recently strong operating/free cash flow, though the cash-flow durability is uncertain given continuing net losses.
Positive Factors
Low Leverage / Strong Equity Cushion
Near-zero debt and substantial equity (~$21.9M TTM) create a durable capital cushion for a development-stage explorer. This lowers solvency risk, reduces pressure to raise costly debt, and gives management optionality to fund drilling and project advancement over the medium term.
Negative Factors
Pre-revenue Profile
The company records no revenue across periods, making it fully reliant on capital markets or non-operating cash events to fund exploration. Lack of operating revenue creates persistent financing and execution risk and extends the timeline to achieve self-sustaining operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Strong Equity Cushion
Near-zero debt and substantial equity (~$21.9M TTM) create a durable capital cushion for a development-stage explorer. This lowers solvency risk, reduces pressure to raise costly debt, and gives management optionality to fund drilling and project advancement over the medium term.
Read all positive factors
Velocity Minerals (VLC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$37.84M
Dividend YieldN/A
Average Volume (3M)18.15K
Price to Earnings (P/E)―
Beta (1Y)0.40
Revenue GrowthN/A
EPS Growth-53.09%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.01
Shares Outstanding204,532,850
10 Day Avg. Volume23,450
30 Day Avg. Volume18,153
Financial Highlights & Ratios
PEG Ratio-1.04
Price to Book (P/B)1.61
Price to Sales (P/S)0.00
P/FCF Ratio1.64
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)0.1
Revenue Forecast (FY)C$88.70M
Velocity Minerals Business Overview & Revenue Model
Company Description
Headquartered in Vancouver, Canada, Velocity Minerals Ltd. is active in the acquisition, exploration, assessment, and advancement of mineral properties. The company's operations are concentrated in Bulgaria, with a particular focus on identifying ...
How the Company Makes Money
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Velocity Minerals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -27.30K | -16.00K | -57.30K | -40.13K | -11.24K |
| EBITDA | -3.52M | -1.61M | -1.77M | -2.68M | -2.34M |
| Net Income | -2.20M | -1.90M | -1.80M | -2.66M | -2.49M |
Balance Sheet | |||||
| Total Assets | 52.63M | 28.37M | 29.86M | 26.51M | 28.48M |
| Cash, Cash Equivalents and Short-Term Investments | 25.80M | 1.23M | 3.15M | 1.07M | 4.68M |
| Total Debt | 7.34K | 69.82K | 165.47K | 265.06K | 105.92K |
| Total Liabilities | 25.81M | 892.69K | 976.49K | 618.49K | 474.40K |
| Stockholders Equity | 22.08M | 22.68M | 24.15M | 21.26M | 23.55M |
Cash Flow | |||||
| Free Cash Flow | 21.62M | -3.27M | -4.37M | -3.82M | -7.79M |
| Operating Cash Flow | 21.66M | -1.02M | -1.35M | -2.31M | -2.33M |
| Investing Cash Flow | 1.60M | -1.03M | -719.41K | -1.49M | -5.44M |
| Financing Cash Flow | 1.31M | 133.22K | 4.15M | 189.15K | 1.90M |
Velocity Minerals 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% | |
50 Neutral | C$37.84M | -14.92 | -9.10% | ― | ― | -53.09% | |
48 Neutral | C$24.52M | 22.81 | 5.28% | ― | ― | -53.91% | |
47 Neutral | C$58.99M | -16.76 | -42.54% | ― | ― | -326.19% | |
45 Neutral | C$37.22M | -1.70 | -74.08% | ― | ― | -73.78% | |
44 Neutral | C$20.02M | -1.51 | -446.15% | ― | ― | -148.89% | |
43 Neutral | C$36.97M | -5.43 | -44.14% | ― | ― | 46.91% |
* Basic Materials Sector Average
TSE:VLC
Velocity Minerals
0.19
>-0.01
-2.63%
TSE:BTR
BonTerra Resources
0.18
-0.03
-14.63%
TSE:PRG
Precipitate Gold
0.31
0.22
238.89%
TSE:BAU
Blue Star Gold Corp
0.21
0.07
50.00%
TSE:DEX
Almadex Minerals
0.40
0.09
26.98%
TSE:KALO
Kalo Gold Holdings
0.17
-0.15
-46.88%
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.