Altoro Metals Limited focuses on the acquisition, exploration, and development of mineral projects in Australia and Spain. The company explores for copper, gold, zinc, lead, and uranium deposits. Its flagship project is the Novales-Udias project located in the Basque-Cantabrian Basin. The company was formerly known as Variscan Mines Limited and changed its name to Altoro Metals Limited in July 2026. Altoro Metals Limited was incorporated in 1987 and is based in Perth, Australia.
Research context
Variscan Mines Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Variscan Mines Limited is currently in a long term uptrend where the price is trading 91.3% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Variscan Mines Limited's total revenue rose by 442.1% to $5K since the same quarter in the previous year.
Its net income has increased by 38.3% to $-310K since the same quarter in the previous year.
Finally, its free cash flow grew by 72.0% to $-113K since the same quarter in the previous year.
Based on the above factors, Variscan Mines Limited gets an overall score of 5/5.