Vendetta Mining (VTT) AI Stock Analysis

• Market Cap: C$3.63M
• Dividend Yield: N/A
• Average Volume (3M): 249.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.98
• Revenue Growth: N/A
• EPS Growth: 15.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 362,689,060
• 10 Day Avg. Volume: 676,176
• 30 Day Avg. Volume: 249,132
• PEG Ratio: 0.30
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -17.32
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: C$0.01 ▲(0.00% Upside)
• Action: Reiterated Date: 03/04/26
• Date: Action: Reiterated 03/04/26

The score is primarily held back by the pre-revenue financial profile (ongoing losses and negative free cash flow), partially offset by improving loss/cash-burn trends and a low-debt balance sheet. Technical indicators show some momentum but the price remains below key moving averages, and valuation is constrained by a negative P/E and no dividend yield.

Positive Factors

Low leverage / strong balance sheet

Extremely low leverage (2025 debt-to-equity ~0.006) materially reduces insolvency and interest-rate exposure, preserving flexibility to fund multi-year exploration programs. Low fixed-cost obligations let management prioritize drilling and resource definition over servicing debt.

Sharply improving cash burn

Operating cash outflows fell dramatically from mid-2020s peaks to roughly -0.25M (2024) and -0.20M (2025), reflecting tighter cost control. This durable reduction extends runway, lowers near-term financing frequency, and improves the odds management can execute exploration programs without constant dilution.

Focused base-metal exploration model

A clear, specialist exploration mandate (zinc-lead-silver) concentrates technical know-how and capital on a defined commodity set. Specialization supports consistent project selection and operational learning, increasing the chance that limited exploration budgets are deployed on the highest-probability targets.

Negative Factors

Pre-revenue operations

Revenue is zero across reported years and the business remains loss-making, so enterprise value is contingent on successful discoveries and future development. This creates a long, binary path to sustainable earnings and leaves operating leverage and profitability uncertain for months to years.

Persistent negative cash generation

Operating and free cash flow have been negative in each reported year and the firm is not self-sustaining. Dependence on external financing raises execution risk and potential dilution risk over the medium term if capital markets tighten or financing terms worsen.

Eroding equity / dilution trend

Declining equity from 2022–2025 signals accumulated losses and likely repeated financings. Shrinking shareholder equity reduces the cushion against adverse outcomes, increases per-share dilution risk, and diminishes residual upside for investors unless cash generation or discovery outcomes improve materially.

Vendetta Mining Business Overview & Revenue Model

Company Description

Vendetta Mining Corp., a junior exploration company, acquires, explores for, and develops mineral properties in Australia. The company explores for lead, zinc, and silver deposits. It holds a 100% interest in the Pegmont lead-zinc-silver deposit comprising three granted mining leases and 1 exploration permit covering an area of approximately 8,290 hectares located in northwest Queensland, Australia. The company was formerly known as Azincourt Resources Inc. and changed its name to Vendetta Mining Corp. in July 2010. Vendetta Mining Corp. was incorporated in 2009 and is based in Vancouver, Canada.

How the Company Makes Money

Vendetta Mining makes money through the exploration and potential development of mineral resources, primarily focusing on lead, zinc, and silver. The company generates revenue by increasing the value of its mineral assets through exploration activities and selling these assets or entering into joint ventures with larger mining companies. Key revenue streams include the sale of mineral rights, royalties from production, and potential profits from joint ventures. Strategic partnerships with established mining companies can also contribute to earnings, providing Vendetta with the necessary capital and expertise to advance its projects.

Vendetta Mining Financial Statement Overview

Summary

Early-stage, pre-revenue profile with persistent net losses and negative free cash flow. Positives include materially improving losses and sharply reduced cash burn in 2024–2025, plus very low leverage; however, the lack of revenue and ongoing funding reliance keep the score constrained.

Income Statement

The company remains pre-revenue (revenue is 0 across all provided years), with persistent operating losses. Losses improved materially from 2023 (net loss about -2.44M) to 2024 (-0.67M) and again in 2025 (-0.60M), suggesting cost control and a smaller cash burn profile. However, gross profit is still negative and profitability is not yet in sight without a revenue ramp, keeping earnings quality and scalability risk elevated.

Balance Sheet

Leverage is very low in the most recent year (2025 debt-to-equity ~0.006), which meaningfully reduces financial risk versus earlier years (e.g., 2020 showed much higher leverage). Equity remains sizable relative to total assets, providing a cushion. The key weakness is ongoing negative returns on equity (loss-making operations), and equity has trended down from 2022 to 2025, implying continued dilution/accumulated losses over time.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow below zero every year provided. The cash burn has improved substantially versus 2022–2023 (from roughly -1.38M and -2.33M to about -0.25M in 2024 and -0.20M in 2025), which is a positive trajectory. Still, the business is not self-funding today, and ongoing negative operating cash flow implies continued reliance on financing to sustain operations until revenues emerge.

Breakdown	Aug 2025	Aug 2024	May 2023	May 2022	May 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-33.01K	-36.05K	-3.22K	-327.00	-467.00
EBITDA	-557.11K	-601.33K	-2.42M	-1.33M	-631.63K
Net Income	-602.83K	-666.19K	-2.44M	-1.58M	-648.85K
Balance Sheet
Total Assets	6.23M	6.10M	6.42M	7.66M	6.31M
Cash, Cash Equivalents and Short-Term Investments	185.71K	18.31K	285.61K	1.52M	253.38K
Total Debt	32.27K	54.97K	69.06K	0.00	2.59M
Total Liabilities	1.24M	882.05K	536.76K	444.48K	3.19M
Stockholders Equity	4.99M	5.21M	5.88M	7.21M	3.12M
Cash Flow
Free Cash Flow	-199.92K	-247.42K	-2.33M	-1.38M	-644.16K
Operating Cash Flow	-199.92K	-247.41K	-2.33M	-1.38M	-644.16K
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	367.31K	-19.88K	1.10M	2.65M	740.25K

Vendetta Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:VTT, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.01, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 40.77 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:VTT.

Vendetta Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CPL	49 Neutral	C$8.13M	-16.39	-55.49%	―	―	62.50%
BOLT	49 Neutral	C$4.52M	-0.09	-185.17%	―	―	36.64%
VTT	48 Neutral	C$3.63M	-6.17	-12.30%	―	―	15.00%
AVU	47 Neutral	C$5.33M	-2.35	-10.78%	―	―	-63.64%
RKL	46 Neutral	C$17.61M	-4.37	-48.17%	―	―	42.16%
NNX	45 Neutral	C$4.22M	-8.31	―	―	―	14.29%