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Vital Metals Ltd
(Sydney:VML)
Vital Metals Ltd (VML) vs. iShares MSCI Australia ETF (EWA)
Vital Metals Ltd Business Overview & Revenue Model
Vital Metals Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.24M | 854.55K | 2.65M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 412.31K | -943.84K | 823.43K | -1.67M | -759.99K | -206.26K |
| EBITDA | -2.21M | -2.38M | -3.38M | -5.24M | -3.97M | -4.53M |
| Net Income | -3.31M | -3.31M | 2.32M | -51.68M | -4.77M | -4.75M |
Balance Sheet | ||||||
| Total Assets | 59.40M | 59.40M | 60.52M | 62.83M | 69.02M | 65.77M |
| Cash, Cash Equivalents and Short-Term Investments | 328.69K | 328.69K | 3.53M | 3.62M | 5.16M | 34.91M |
| Total Debt | 1.78M | 1.78M | 829.87K | 7.04M | 967.55K | 164.00K |
| Total Liabilities | 3.48M | 3.48M | 2.44M | 10.48M | 8.35M | 2.79M |
| Stockholders Equity | 55.92M | 55.92M | 58.08M | 52.36M | 60.66M | 62.98M |
Cash Flow | ||||||
| Free Cash Flow | -2.14M | -1.15M | -4.46M | -49.79M | -29.77M | -16.12M |
| Operating Cash Flow | -1.15M | -1.15M | -573.28K | -6.96M | -4.75M | -2.20M |
| Investing Cash Flow | -2.08M | -2.08M | -4.05M | -42.82M | -26.12M | -14.17M |
| Financing Cash Flow | 835.93K | 835.93K | 4.82M | 48.25M | 1.08M | 49.52M |
Vital Metals Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$16.83M | -2.86 | -45.16% | ― | ― | -563.16% | |
46 Neutral | AU$42.48M | -10.32 | -5.81% | ― | -67.81% | -244.10% | |
45 Neutral | AU$21.50M | -10.00 | -11.09% | ― | ― | 36.67% | |
35 Underperform | AU$58.38M | -13.05 | -15.50% | ― | ― | 3.79% |
Vital Metals Ltd Corporate Events
Vital Metals has secured A$6.8 million in funding through a two-tranche strategic placement to advance its Nechalacho Rare Earths and Niobium Project in Canada. The company has also received commitments for an additional A$5.6 million placement, pending shareholder approval. The company has refreshed its board with new non-executive directors and appointed Lisa Riley as Interim Chair. Despite a forest fire destroying its camp at Nechalacho, operations remain unaffected, and the company is progressing with a Pre-Feasibility Study for its Tardiff deposit, aiming for completion by the end of 2026.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited has announced the establishment of a share sale facility for shareholders holding less than a marketable parcel of the company’s shares, defined as holdings valued under $500. This initiative aims to assist these shareholders in selling their shares without incurring brokerage fees, while also reducing the company’s administrative costs associated with maintaining numerous small shareholdings. Shareholders with more than 2,083 shares are not eligible for this facility, and those wishing to retain their shares must submit an election form by December 12, 2025.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled to take place on November 28, 2025, in Sydney. The company is urging shareholders to lodge proxy votes in advance and has made the Notice of Meeting available online to streamline the process. This move reflects the company’s commitment to efficient shareholder communication and engagement, which is vital for maintaining investor confidence and ensuring smooth governance.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited has announced a proposed issue of 53,595,565 ordinary fully paid securities, with the issuance date set for December 5, 2025. This strategic move is likely aimed at raising capital to support the company’s ongoing projects and strengthen its position in the rare earth minerals market, potentially impacting its operations and stakeholders positively.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited has secured firm commitments for an additional A$5.6 million placement, subject to shareholder approval, to further advance its Tardiff rare earths deposit at Nechalacho, Canada. This follows a previous A$6.8 million strategic placement announced in August 2025. The additional funds reflect continued investor confidence in Vital’s strategy and will support the company’s efforts to develop one of the largest and highest-grade rare earth projects in the Western world, playing a crucial role in building Canada’s critical minerals supply chain.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited announced the resignation of Richard Crookes from its board of directors, effective October 10, 2025. This change in leadership may impact the company’s strategic direction and stakeholder relations, as Crookes had significant shareholdings through Lionhead Resources Limited and Crookes FT Pty Ltd.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited has announced the appointment of Andrew Nesbitt as a new director, effective from October 10, 2025. The initial director’s interest notice indicates that Nesbitt currently holds no securities or relevant interests in the company, suggesting a fresh perspective without existing financial ties, which may influence the company’s strategic direction.
The most recent analyst rating on (AU:VML) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Vital Metals Ltd stock, see the AU:VML Stock Forecast page.
Vital Metals Limited has announced that its Annual General Meeting will be held on or around November 27, 2025. The company is inviting nominations for the position of Director, which must be submitted by October 9, 2025. This meeting and the call for director nominations are part of the company’s ongoing governance and strategic planning efforts, potentially impacting its leadership and future direction.
Vital Metals Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations, highlighting their commitment to transparency and accountability in management and oversight. This announcement underscores Vital Metals’ dedication to maintaining robust governance practices, which is crucial for its stakeholders and enhances its positioning within the mining industry.
Vital Metals Limited announced the resignation of Michael Brook from its board of directors, effective September 22, 2025. This change in leadership could impact the company’s strategic direction and stakeholder relations, as Brook held 49,999 fully paid ordinary shares through Mikejen Pty Ltd, indicating his substantial involvement in the company.
Vital Metals Limited has announced the appointment of Alexius Chan as a new director, effective from September 22, 2025. Chan holds a significant interest in the company, with 256,000 ordinary fully paid shares as a registered holder and additional shares through superfund accounts. This appointment is expected to strengthen the company’s leadership team and could potentially influence its strategic direction and stakeholder relations.
Vital Metals Limited has appointed three new Non-Executive Directors to its Board following a strategic share placement of $6.8 million. The new directors, David Dikken, Douglas MacLennan, and Alexius Chan, bring diverse expertise to the company, with Dikken and MacLennan representing Strategic Resources, a key investor. This strategic move aligns with Vital Metals’ ongoing efforts to advance its Nechalacho Rare Earths Project, utilizing Strategic’s Dry Field Force Extraction technology. The company is also conducting various exploration and optimization activities funded by the investment, despite a recent forest fire affecting some drill core. The second tranche of the placement, amounting to $3.8 million, awaits shareholder approval.
Vital Metals Limited has announced a change in the director’s interest, with Lisa Riley acquiring 1,200,000 unlisted options and 924,000 performance rights as part of the company’s Employee Incentive Securities Plan. This move, approved by shareholders, is aimed at aligning the interests of the company’s leadership with its strategic goals, potentially impacting the company’s operational focus and stakeholder engagement positively.
Vital Metals Ltd has announced the issuance of 2,400,000 options and 924,000 performance rights as part of its employee incentive scheme. This move is aimed at aligning the interests of the employees with the company’s growth objectives, potentially enhancing its operational efficiency and market competitiveness.
Vital Metals Limited has announced a change in its share registry services, transferring responsibilities from Automic Registry Services Limited to Xcend Pty Ltd, effective 15 September 2025. This transition aims to enhance the management of shareholder details through Xcend’s secure online investor portal, potentially improving stakeholder engagement and operational efficiency.
Vital Metals Ltd has issued 28,594,816 fully paid ordinary shares without disclosure under the Corporations Act. Despite a forest fire in the Northwest Territories, Canada, which affected some campsite buildings, the company’s equipment, stockpiles, and drill core remain undamaged, and operations are expected to continue without material impact.
Vital Metals Ltd has announced the quotation of 28,594,816 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 4, 2025. This move is part of a previously announced transaction, indicating the company’s ongoing efforts to enhance its financial positioning and operational capabilities in the rare earth elements market.
Vital Metals Ltd responded to an ASX inquiry regarding a recent increase in the price and volume of its securities. The company attributed this change to the finalization of a capital raise and the release of a positive scoping study, which highlighted robust financial outcomes. Additionally, the company noted that the broader market interest in rare earths companies and its own low market capitalization may have contributed to the trading activity. Vital Metals confirmed its compliance with ASX listing rules and emphasized that its board had authorized the responses.
Vital Metals Limited announced a proposed issue of 65,184,816 fully paid ordinary securities, scheduled for August 29, 2025. This move is part of a strategic placement aimed at enhancing the company’s capital structure, potentially impacting its market positioning and providing opportunities for stakeholders to benefit from future growth in the rare earth sector.
Vital Metals Limited has secured a $6.8 million investment through a strategic two-tranche placement to advance its Tardiff project using innovative Dry Field Force Extraction (DFFE) technology. This investment, primarily from Strategic Resources LLC, aims to enhance the project’s economic viability by reducing environmental impact and operational costs, potentially transforming the economics of the Tardiff deposit. The funding will also support detailed surveys, exploration fieldwork, and the optimization of processing flowsheets, with the goal of updating the mineral resource estimate and advancing towards a Pre-Feasibility Study.
Vital Metals Limited, a company listed on the Australian Securities Exchange (ASX:VML), has requested an extension to its voluntary suspension of securities trading. This suspension is pending a response to an ASX Price and Volume Query and an announcement regarding a capital raise, with the company expecting to release these announcements by August 25, 2025. The company has confirmed there is no additional information required to inform the market about this suspension.
Vital Metals Limited, a company listed on the Australian Securities Exchange (ASX) under the ticker VML, has announced a voluntary suspension of its securities from quotation. This suspension is pending a response to an ASX Price and Volume Query letter and an announcement regarding a capital raise, expected by 22 August 2025. The suspension will remain in place until the announcement is made, highlighting the company’s proactive approach to compliance and transparency with market regulations.