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Home CompaniesVerity Resources Ltd

Verity Resources Ltd

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.007 AUD -0.00 ( 12.50%)
Last update at 2026-11-12T05:00:00Z
VOLUME
641
Market Cap
4.91M

Momentum Score

…

Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia, Botswana, and Brazil. The company explores for gold, copper, silver, nickel, PGE, rare earths, gallium, and lithium deposits. Its flagship property is the 100% owned Monument Gold project that covers approximately an area of 405 square kilometers located in the Laverton Goldfields, Western Australia. 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 Kew East, Australia.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.01
Low
0.01
High
52 Week Price Range
0.01
Low
0.03
High

Momentum Score

…
Loading momentum score…

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
AI Summary

Public information on Verity Resources Ltd (ASX: VRL) is limited and does not clearly disclose its operating assets or activities, though it is listed as a resources-sector company in Australia. Long-term growth drivers may include successful exploration or development outcomes, commodity price appreciation and the company's ability to secure capital, which could support project advancement and provide leveraged exposure to commodity upside for investors willing to accept exploration risk.

Material risks include limited disclosure and transparency, an uncertain or early-stage asset base, the likelihood of frequent capital raising and dilution, commodity price volatility and low trading liquidity.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.01
Dividend Yield
-
Revenue TTM
0.02M
Revenue Per Share
-
Gross Profit TTM
0.02M
Debt / Equity
-
ROE
-372.54%
Net Debt
-1.05M
ROCE
-428.88%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -5.31M -1.55M -4.49M -1.91M -2.83M
Net income -5.31M -1.55M -4.49M -1.91M -2.83M
Selling general administrative - 0.63M 1.44M 1.04M 0.97M
Gross profit -0.01M - - - -
Reconciled depreciation - - 0.02M - 0.01M
Ebit -5.33M - - - -
Ebitda -5.32M - - - -
Depreciation and amortization 0.01M - - - -
Operating income -5.33M -1.55M -4.41M -1.97M -2.73M
Other operating expenses 5.33M - - - -
Interest expense - - - - 0.00M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.00M -0.08M 0.06M 0.10M
Net interest income - - 0.02M 0.01M 0.00M
Total revenue - 0.03M 0.07M 0.02M 0.04M
Total operating expenses 5.32M 1.59M 4.48M 2.00M -
Cost of revenue 0.01M - - - -
Total other income expense net 0.02M - -0.03M 0.07M -0.06M
Net income from continuing ops - - -4.49M -1.91M -2.83M
Net income applicable to common shares - -1.55M -4.49M -1.91M -2.83M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 2.08M 2.21M 1.75M 0.87M 2.66M
Other current assets 0.09M - - - -
Total liab 0.83M 0.42M 0.29M 0.21M 0.12M
Total stockholder equity 1.24M 1.79M 1.46M 0.66M 2.54M
Other current liab 0.47M - - - -
Common stock 40.45M 35.65M - - -
Capital stock - - 33.75M 28.66M 28.62M
Retained earnings -40.09M -33.55M -33.27M -28.79M -26.87M
Cash 1.05M 0.89M 0.27M 0.61M 2.51M
Total current liabilities 0.83M 0.42M 0.29M 0.21M 0.12M
Net debt -1.05M - - - -
Short term debt - 0.00M - - -
Other stockholder equity - -0.30M - - -
Property plant equipment - 1.27M - - -
Total current assets 1.14M 0.94M 0.34M 0.87M 2.66M
Short term investments - - - 0.10M 0.03M
Net receivables - 0.05M 0.07M 0.02M 0.00M
Accounts payable 0.37M - 0.18M 0.12M 0.06M
Accumulated other comprehensive income 0.88M - - - -
Non currrent assets other 0.87M - - - -
Non current assets total 0.94M - 1.41M 0.00M 0.00M
Long term debt total - 0.00M - - -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -0.21M - -0.04M
Total cashflows from investing activities - -0.00M - 0.00M -0.04M
Total cash from financing activities 4.89M 1.90M 4.23M -0.06M 0.41M
Net income -5.31M -1.55M -4.49M -1.91M -2.83M
Change in cash 0.16M 0.62M -0.31M -1.90M -2.05M
Begin period cash flow 0.89M 0.27M 0.61M 2.51M 4.56M
End period cash flow 1.05M 0.89M 0.27M 0.61M 2.51M
Total cash from operating activities -4.67M -1.26M - -1.83M -2.41M
Issuance of capital stock - - 4.48M - 0.42M
Depreciation 0.01M 0.02M - - -
Other cashflows from investing activities - - - 0.00M -0.04M
Sale purchase of stock - - -0.26M 0.00M 0.42M
Other cashflows from financing activities - 1.90M - -0.06M 0.00M
Capital expenditures 0.00M 0.00M 0.27M 0.00M 0.00M
Change in working capital 0.37M 0.17M - -0.77M -1.20M
Other non cash items 0.26M 0.10M - - -
Free cash flow -4.67M -1.26M -4.59M -1.83M -2.41M

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 Revenue (x)
Enterprise Value
to EBITDA (x)
VRL
Verity Resources Ltd		 -0.00
12.50%		 0.01 - - 306.45 3.16 1809.66 -2.21
BHP
BHP Group Ltd		 -0.78
1.29%		 59.61 20.70 15.82 5.10 4.00 3.51 6.71
RIO
Rio Tinto Ltd		 -3.30
2.14%		 150.57 14.04 12.02 4.03 2.49 2.85 6.74
GLC
Glencore Plc		 0.27
2.69%		 10.30 15.15 11.30 0.38 1.95 0.40 7.60
FMG
Fortescue Ltd		 -0.37
2.40%		 15.05 11.31 13.61 2.81 1.51 1.87 4.32

Profile*

Verity Resources Ltd

Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia, Botswana, and Brazil. The company explores for gold, copper, silver, nickel, PGE, rare earths, gallium, and lithium deposits. Its flagship property is the 100% owned Monument Gold project that covers approximately an area of 405 square kilometers located in the Laverton Goldfields, Western Australia. 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 Kew East, Australia.

832 High Street, Kew East, VIC, Australia, 3102

61 3 9249 9589

https://www.verityresources.com.au

Name Title Year Born
Mr. Patrick Antonio Volpe CPA Non-Executive Director & Company Secretary NA
Mr. Patrick Antonio Volpe C.P.A. Non-Executive Director & 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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