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1 Comment
Velocity Minerals Ltd is currently in a long term downtrend where the price is trading 9.0% below 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.
Velocity Minerals Ltd's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 36.2% to $-557K since the same quarter in the previous year.
Finally, its free cash flow grew by 22.5% to $-2M since the same quarter in the previous year.
Based on the above factors, Velocity Minerals Ltd gets an overall score of 2/5.
Industry | Gold |
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Sector | Basic Materials |
ISIN | CA92258F3007 |
CurrencyCode | CAD |
Exchange | V |
Dividend Yield | 0.0% |
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Target Price | 0.55 |
PE Ratio | None |
Beta | 0.85 |
Market Cap | 25M |
Velocity Minerals Ltd., a gold exploration and development company, engages in the acquisition, exploration, and evaluation of mineral resource properties in Bulgaria. It explores for gold and copper deposits. The company holds a 70% interest in the Tintyava property, which includes the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria; a 70% interest in the Momchil property, which includes the Obichnik gold project located within the municipality of Momchilgrad in southeast, Bulgaria; and a 100% interest in the Iglika property covering an area of 105 square kilometers located in southeast Bulgaria. It also holds a 70% interest in the Nadezhda Project, which includes the Makedontsi gold project. The company is headquartered in Vancouver, Canada.
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