Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesVelox Energy Materials Inc.

Velox Energy Materials Inc.

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.025 CAD -0.01 ( 16.67%)
Last update at 2026-11-04T15:22:00Z
VOLUME
6189
Market Cap
4.91M

Momentum Score

…

Velox Energy Materials Inc., an exploration stage company, focuses on energy materials solutions. Its flagship project is North Queensland Vanadium Project located in Queensland, Australia. The company was formerly known as Currie Rose Resources Inc. and changed its name to Velox Energy Materials Inc. in October 2023. Velox Energy Materials Inc. was incorporated in 1973 and is headquartered in Vancouver, Canada.

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
0.03
Low
0.03
High
52 Week Price Range
0.02
Low
0.07
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

Publicly listed on the TSX Venture Exchange, Velox Energy Materials Inc. has limited public disclosures and appears to be a junior company focused on exploration and development of energy-related minerals. Its long-term outlook may be driven by growing demand for battery and clean-energy materials and by successful exploration or project advancement, which could support value creation and attract investors seeking early-stage exposure to the battery-materials supply chain.

Key investment risks include exploration and development failure, financing and dilution risk common to junior miners, commodity price volatility, permitting and regulatory uncertainty, and limited market 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
0.03
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-2.21%
Net Debt
-
ROCE
-38.81%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -1.39M -1.39M -0.70M -1.94M
Net income -3.83M -1.51M -0.70M -1.94M
Selling general administrative 0.97M 1.12M 0.33M 0.07M
Reconciled depreciation 0.02M 0.00M 0.00M -
Operating income -1.40M -1.57M -0.65M -0.30M
Interest income 0.01M 0.05M 0.01M 0.00M
Net interest income 0.01M 0.05M 0.01M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.40M 1.57M 0.65M 0.30M
Total other income expense net -0.00M 0.13M -0.06M -1.64M
Net income from continuing ops -1.39M -1.39M -0.70M -1.94M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 4.06M 7.36M 3.39M 0.16M
Intangible assets - 3.48M - -
Total liab 0.46M 0.20M 0.32M 0.47M
Total stockholder equity 3.60M 7.16M 3.07M -0.31M
Other current liab 0.08M -0.00M - -
Capital stock 24.06M 24.06M 19.76M 16.96M
Retained earnings -24.97M -21.14M -19.63M -18.93M
Cash 0.58M 2.08M 2.29M 0.07M
Total current liabilities 0.46M 0.20M 0.32M 0.47M
Total current assets 1.90M 2.17M 2.33M 0.16M
Short term investments 0.01M 0.01M 0.02M 0.08M
Accounts payable 0.19M 0.05M 0.29M 0.44M
Non current assets total 2.15M 5.19M 1.05M 0.00M
Capital lease obligations 0.01M 0.03M 0.00M -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.00M 0.01M 0.00M 0.04M
Net borrowings -0.02M 0.00M - 0.00M
Total cash from financing activities -0.02M 1.42M 2.99M 0.16M
Net income -3.83M -1.51M -0.70M -1.94M
Change in cash -1.50M -0.21M 2.22M -0.01M
Begin period cash flow 2.08M 2.29M 0.07M 0.08M
End period cash flow 0.58M 2.08M 2.29M 0.07M
Total cash from operating activities -1.01M -1.02M -0.62M -0.06M
Issuance of capital stock 0.00M 1.42M 2.99M 0.00M
Depreciation 0.02M 0.00M 0.00M -
Change to account receivables 0.02M -0.00M -0.01M 0.01M
Capital expenditures 0.46M 0.63M 0.18M 0.15M
Change in working capital 0.26M -0.04M -0.17M 0.23M
Stock based compensation 0.28M 0.66M 0.19M 0.00M
Free cash flow -1.48M -1.66M -0.80M -0.22M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
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)
VLX
Velox Energy Materials Inc.		 -0.01
16.67%		 0.03 - - 3.29 1.35 0.85 -9.36
SGML
Sigma Lithium Resources Corp		 0.10
1.28%		 7.91 - 23.09 29.72 42.12 23.03 32.66
AFM
Alphamin Res		 0.03
2.00%		 1.27 8.44 9.43 2.78 3.33 2.13 3.85
SLI
Standard Lithium Ltd		 0.11
5.76%		 2.02 - - 79.52 2.40 83.96 5.29
FWZ
Fireweed Zinc Ltd		 0.03
1.25%		 2.43 - 1250.00 - 26.07 - -7.01

Profile*

Velox Energy Materials Inc.

Velox Energy Materials Inc., an exploration stage company, focuses on energy materials solutions. Its flagship project is North Queensland Vanadium Project located in Queensland, Australia. The company was formerly known as Currie Rose Resources Inc. and changed its name to Velox Energy Materials Inc. in October 2023. Velox Energy Materials Inc. was incorporated in 1973 and is headquartered in Vancouver, Canada.

595 Howe Street, Vancouver, BC, Canada, V6C 2T5

https://veloxenergymaterials.com.au

Name Title Year Born
Mr. Simon Alexander Coyle CEO, President & Director NA
Ms. Silfia Morton B.Com., C.A. CFO & Joint Company Secretary NA
Mr. Michael Richard Griffiths BSc, Dip.Ed, GAICD, MAusIMM VP of Exploration & Director 1957
Mr. John Chou Joint Corporate Secretary NA
Ms. Nicole Morcombe Interim CEO, Interim President & Director NA
Mr. Kyle Nazareth C.A., CPA Chief Financial Officer 1991
Ms. Sarah Morrison Corporate Secretary NA
Mr. Michael Richard Griffiths B.Sc. VP of Exploration & Director 1957
Mr. Kyle Nazareth C.A., CPA Chief Financial Officer 1992

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.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 30.50
+15.05%
DSV
CAD 11.02
+14.55%
USA
CAD 4.29
+13.19%
NUAG
CAD 7.70
+12.90%
GMIN
CAD 43.79
+12.86%
DRUG
CAD 26.11
-29.58%
HUT
CAD 68.98
-22.41%
UCU
CAD 2.09
-14.34%
VET
CAD 14.87
-14.29%
PHX
CAD 10.96
-13.56%

Equity Sectors*

  • Basic Materials

    +5.46%

  • Communication Services

    +3.38%

  • Consumer Cyclical

    +3.11%

  • Consumer Defensive

    +1.35%

  • Energy

    -4.79%

  • Financial Services

    +2.66%

  • Healthcare

    -0.72%

  • Industrials

    -0.11%

  • Real Estate

    +1.84%

  • Technology

    +1.05%

  • Utilities

    +0.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…