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1 Comment
Venture Minerals Limited is currently in a long term uptrend where the price is trading 72.1% 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.
Venture Minerals Limited's total revenue rose by 2.0% to $4K since the same quarter in the previous year.
Its net income has increased by 20.3% to $-2M since the same quarter in the previous year.
Finally, its free cash flow grew by 25.0% to $-2M since the same quarter in the previous year.
Based on the above factors, Venture Minerals Limited gets an overall score of 5/5.
CurrencyCode | AUD |
---|---|
ISIN | AU000000VMS6 |
Exchange | AU |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Beta | 1.91 |
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Market Cap | 32M |
PE Ratio | None |
Target Price | 0.44 |
Dividend Yield | None |
Venture Minerals Limited engages in the exploration and development of mineral resources in Australia. The company explores for tin, tungsten, nickel, copper, lithium, gold, iron, zinc, REE, and PGE deposits. Its flagship project is the 100% owned Mount Lindsay project that covers an area of approximately 178 square kilometers located in north-western Tasmania. The company also holds 100% interest in the Brothers project along with the Iron Duke JV project that covers 1,091 square kilometers located in Western Australia; and the Bandy project that covers 809 square kilometers tenement package located in Western Australia. In addition, it holds interest in South West project that covers 256 square kilometers tenement package located near south of Perth; the Golden Grove North project that covers an area of 288 square kilometers and located in Western Australia; and the Kulin project comprises of four granted exploration licenses that covers an area of 606 square kilometers and located near south-southeast of Perth. Further, the company holds interest in the Riley DSO and Livingstone DSO Hematite projects, both located near its Mount Lindsay project, North West Tasmania. Venture Minerals Limited was incorporated in 2006 and is based in West Perth, Australia.
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