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Company price
None AUD 0.00(0%)
Last update at 2025-03-12T05:00:04.438968Z
Market Cap
7.82M

Momentum Score

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Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, gold, silver, platinum group, and rare earth elements. It holds 100% interest in the Monument Gold Project located in Western Australia. In addition, the company holds interests in Maibele Base Metal project located in Botswana, as well as owns an option to acquire 50% interest in the joint venture of 10 licenses covering 17,800 hectares located in Brazil. The company was formerly known as SI6 Metals Limited and changed its name to Verity Resources Limited in November 2024. Verity Resources Limited was incorporated in 2007 and is based in Nedlands, Australia.

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52 Week Price Range
0.01
Low
0.08
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
-
Dividend Yield
-
Revenue TTM
0.07M
Revenue Per Share
-
Gross Profit TTM
0.07M
Debt / Equity
0.02
ROE
-422.92%
Net Debt
-0.27M
ROCE
-136.91%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -1.91M -2.83M -2.89M -0.69M -1.20M
Net income -1.91M -2.83M -2.89M -0.69M -1.18M
Selling general administrative 0.44M 0.55M 0.80M 0.34M 0.50M
Selling and marketing expenses 0.11M 0.12M 0.07M 0.01M 0.05M
Gross profit 0.02M 0.04M 0.01M 0.02M 0.02M
Reconciled depreciation - 0.01M 0.01M - 0.04M
Ebit -2.00M -2.83M -2.89M -0.75M -1.21M
Ebitda -2.00M -2.82M -2.88M -0.71M -1.18M
Depreciation and amortization 0.01M 0.01M 0.01M 0.04M 0.04M
Operating income -1.97M -2.73M -2.88M -0.69M -1.21M
Other operating expenses 1.94M 2.87M 2.90M 0.71M 1.21M
Interest expense - 0.00M 0.00M 0.00M 0.00M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.06M 0.10M 0.01M 0.00M 0.02M
Net interest income 0.01M 0.00M -0.00M 0.00M 0.02M
Income tax expense -0.02M -0.06M 0.01M 0.02M -0.02M
Total revenue 0.02M 0.04M 0.01M 0.02M 0.02M
Total operating expenses 2.00M 2.77M 2.89M 0.71M 1.21M
Total other income expense net 0.07M -0.06M 0.00M 0.02M 0.02M
Net income from continuing ops -1.91M -2.83M -2.89M -0.69M -1.20M
Net income applicable to common shares -1.91M -2.83M -2.89M -0.69M -1.20M
Breakdown 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-06-30 2022-06-30 2021-06-30 2020-06-30
Total assets 1.75M 0.87M 2.66M 4.84M 0.83M
Other current assets - - 0.07M 0.02M 0.01M
Total liab 0.29M 0.21M 0.12M 0.38M 0.10M
Total stockholder equity 1.46M 0.66M 2.54M 4.46M 0.73M
Other current liab 0.11M 0.09M 0.06M 0.18M 0.06M
Common stock 33.75M 28.66M 28.62M 27.70M 21.66M
Capital stock - 28.66M 28.62M 27.70M 21.66M
Retained earnings -33.27M -28.79M -26.87M -24.04M -21.15M
Other assets - - - - -0.12M
Cash 0.27M 0.61M 2.51M 4.56M 0.80M
Cash and equivalents - - - 4.56M 0.80M
Total current liabilities 0.29M 0.21M 0.12M 0.31M 0.10M
Current deferred revenue - - - -0.02M -0.02M
Net debt -0.27M -0.61M -2.51M -4.47M -0.80M
Short term debt - 0.00M 0.00M 0.02M 0.02M
Short long term debt total - - - 0.09M 0.09M
Other stockholder equity 0.00M -0.25M -1.74M -3.66M -0.51M
Property plant equipment - - 0.00M 0.12M -
Total current assets 0.34M 0.87M 2.66M 4.72M 0.83M
Net tangible assets - 0.66M 2.54M 4.46M 0.73M
Short term investments - 0.10M 0.03M 0.09M 0.09M
Net receivables 0.07M 0.06M 0.05M 0.05M 0.03M
Accounts payable 0.18M 0.12M 0.06M 0.13M 0.04M
Accumulated other comprehensive income 0.98M 0.79M 0.79M 0.80M 0.22M
Common stock total equity - - - - 21.66M
Non currrent assets other 1.31M - - -0.12M -
Non current assets total 1.41M 0.00M 0.00M 0.12M 0.12M
Capital lease obligations - - - 0.09M -
Long term debt total - 0.00M 0.00M 0.07M 0.00M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments - -0.04M -0.10M -0.10M -0.10M
Change to liabilities 0.11M -0.16M 0.16M -0.06M -0.04M
Total cashflows from investing activities 0.00M -0.04M -0.10M -0.10M -0.10M
Net borrowings - -0.01M -0.04M -0.04M -0.04M
Total cash from financing activities -0.06M 0.41M 6.24M 0.31M 0.37M
Change to operating activities -0.02M -0.02M 0.03M -0.01M 0.21M
Net income -1.91M -2.83M -2.89M -0.69M -1.20M
Change in cash -1.90M -2.05M 3.76M -0.43M -0.54M
Begin period cash flow 2.51M 4.56M 0.80M 1.23M 1.77M
End period cash flow 0.61M 2.51M 4.56M 0.80M 1.23M
Total cash from operating activities -1.83M -2.41M -2.39M -0.76M -0.92M
Issuance of capital stock - 0.42M 6.59M 0.33M 0.42M
Depreciation - 0.01M 0.01M 0.01M 0.04M
Other cashflows from investing activities 0.00M -0.04M -0.10M - -
Change to account receivables 0.02M -0.05M -0.04M -0.00M 0.06M
Sale purchase of stock -0.06M -0.06M -0.30M -0.02M -0.05M
Other cashflows from financing activities -0.06M -0.01M -0.04M -0.76M -0.92M
Change to netincome -0.03M 0.63M 0.33M 0.33M 0.33M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 0.02M -0.05M -0.04M -0.00M -0.25M
Stock based compensation - - 0.28M - -
Other non cash items 0.06M 0.46M 0.49M -0.07M 1.16M
Free cash flow -1.83M -2.41M -2.39M -0.76M -0.92M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
BHP
BHP Group Ltd
-0.78
1.29%
59.61 20.70 15.82 5.10 4.00 6.71
RIO
Rio Tinto Ltd
-3.30
2.14%
150.57 14.04 12.02 4.03 2.49 6.74
GLC
Glencore Plc
0.27
2.69%
10.30 15.15 11.30 0.38 1.95 7.60
FMG
Fortescue Ltd
-0.37
2.40%
15.05 11.31 13.61 2.81 1.51 4.32

Profile*

Si6 Metals Ltd

Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, gold, silver, platinum group, and rare earth elements. It holds 100% interest in the Monument Gold Project located in Western Australia. In addition, the company holds interests in Maibele Base Metal project located in Botswana, as well as owns an option to acquire 50% interest in the joint venture of 10 licenses covering 17,800 hectares located in Brazil. The company was formerly known as SI6 Metals Limited and changed its name to Verity Resources Limited in November 2024. Verity Resources Limited was incorporated in 2007 and is based in Nedlands, Australia.

168 Stirling Highway, Nedlands, WA, Australia, 6009

61 8 6165 8858

Name Title Year Born
Mr. Steven Russell Groves Independent Director & Technical Director NA
Mr. Mauro Piccini Company Sec. NA
Mr. James Lewis Michael Malone B.Com., B.Comm MD & Executive Director 1966
Mr. Johnathon Busing BBus, C.A., CA Company Secretary NA
Mr. James Lewis Michael Malone B.Com., B.Comm MD & Executive Director 1966
Mr. Johnathon Busing BBus, C.A., CA Company Secretary NA
Mr. James Lewis Michael Malone B.Com., B.Comm MD & Executive Director 1966
Mr. Johnathon Busing BBus, C.A., CA Company Secretary NA
Mr. James Lewis Michael Malone B.Com., B.Comm MD & Executive Director 1966
Mr. Johnathon Busing BBus, C.A., CA Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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