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Astro Resources NL
(Sydney:VMS)
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Rating:46Neutral
Price Target:
AU$0.10
▲(8.89% Upside)
Action:Reiterated
Date:10/03/26
The score is primarily weighed down by weak financial performance—zero/minimal revenue, widening losses, and persistent cash burn—despite low leverage and a balance sheet cushion. Technical indicators are mixed with oversold signals but no clear uptrend, and valuation is constrained by loss-making results and lack of dividend yield support.
Positive Factors
Low Leverage
Very low leverage reduces refinancing pressure and limits the risk that interest obligations compound operating weakness. This gives Astro Resources greater financial resilience than a similarly loss-making company carrying substantial debt over the next several quarters.
Negative Factors
Absent Revenue Base
A revenue base that falls to zero provides no demonstrated evidence of recurring customer demand or commercial scale. Without stable operating revenue, the company remains dependent on funding and asset resources, making sustainable growth and self-financed operations difficult.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage reduces refinancing pressure and limits the risk that interest obligations compound operating weakness. This gives Astro Resources greater financial resilience than a similarly loss-making company carrying substantial debt over the next several quarters.
Read all positive factors
Astro Resources NL (VMS) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$16.81M
Dividend YieldN/A
Average Volume (3M)72.37K
Price to Earnings (P/E)―
Beta (1Y)0.18
Revenue GrowthN/A
EPS Growth-48.85%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.08
Shares Outstanding168,091,640
10 Day Avg. Volume142,448
30 Day Avg. Volume72,370
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.47
Price to Sales (P/S)0.00
P/FCF Ratio-4.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Astro Resources NL Business Overview & Revenue Model
Company Description
Venture Minerals Limited, an Australian enterprise established in 2006, specializes in mineral exploration and development. Headquartered in West Perth, Australia, the company actively prospects for a diverse range of deposits, including those con...
Astro Resources NL Financial Statement Overview
Summary
Income Statement
10
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 6.22K | 94.71K | 94.93K | 8.09K |
| Gross Profit | -67.95K | 6.22K | 94.71K | 19.11K | 616.00 |
| EBITDA | -2.25M | -1.83M | -1.80M | -9.01M | -1.11M |
| Net Income | -8.23M | -2.89M | -4.02M | -9.11M | -17.76M |
Balance Sheet | |||||
| Total Assets | 19.41M | 21.24M | 3.40M | 4.73M | 11.13M |
| Cash, Cash Equivalents and Short-Term Investments | 922.16K | 314.20K | 1.64M | 3.14M | 9.43M |
| Total Debt | 168.07K | 80.88K | 151.46K | 34.38K | 68.08K |
| Total Liabilities | 671.74K | 1.08M | 2.54M | 1.63M | 2.17M |
| Stockholders Equity | 18.74M | 20.16M | 861.01K | 3.10M | 8.97M |
Cash Flow | |||||
| Free Cash Flow | -2.12M | -4.79M | -6.01M | -9.30M | -19.97M |
| Operating Cash Flow | -2.12M | -1.02M | -1.35M | -8.62M | -6.14M |
| Investing Cash Flow | -3.52M | -3.57M | -4.58M | -671.66K | -9.11M |
| Financing Cash Flow | 6.25M | 4.55M | 3.04M | 3.00M | 15.19M |
Astro Resources NL Technical Analysis
Negative
0.09
Price Trends
0.10
Positive
0.10
Negative
0.14
Negative
Market Momentum
<0.01
Positive
42.24
Neutral
6.06
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VMS, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.10, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 42.24 is Neutral, neither overbought nor oversold. The STOCH value of 6.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VMS.
Astro Resources NL Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
59 Neutral | AU$42.76M | -1,038.74 | -0.13% | ― | ― | 97.78% | |
46 Neutral | AU$16.81M | -1.29 | -37.03% | ― | ― | -48.85% | |
45 Neutral | AU$8.98M | -3.55 | -27.88% | ― | ― | 70.75% | |
42 Neutral | AU$7.57M | -1.55 | -85.01% | ― | ― | -9.35% | |
41 Neutral | AU$11.67M | -2.64 | -20.54% | ― | -100.00% | -18.40% |
* Basic Materials Sector Average
AU:VMS
Astro Resources NL
0.10
-0.08
-44.44%
AU:EV1
Evolution Energy Minerals Limited
0.01
>-0.01
-31.25%
AU:VR8
Vanadium Resources Ltd.
0.06
0.02
52.50%
AU:IG6
International Graphite Limited
0.04
-0.03
-43.94%
AU:CMG
Critical Minerals Group Ltd.
0.06
-0.10
-61.29%
AU:AXL
Axel REE Ltd.
0.07
>-0.01
-11.84%
Astro Resources NL Corporate Events
Venari Minerals Requests Trading Halt Ahead of Red Mountain Resource Update
Oct 1, 2026
Venari Minerals NL has requested a trading halt on its securities on the ASX as it prepares to release a Mineral Resource Estimate for strontium and magnesium by-products at its Red Mountain lithium project in Nevada. The halt will remain in place...
Venari Minerals Files 2026 Corporate Governance Statement with ASX
Sep 30, 2026
Venari Minerals NL has lodged its Appendix 4G and corporate governance statement for the year ended 30 June 2026 with the ASX.The company confirms that its governance statement, current as at 30 September 2026, details compliance with ASX Corporat...
Venari Minerals Completes Second Tranche of $6.1m Capital Raising
Sep 25, 2026
Venari Minerals NL has completed the second tranche of its previously announced equity placement, issuing 37,280,000 fully paid ordinary shares at $0.08 each to raise $2.98 million before costs. The shares were issued following shareholder approva...
Venari Minerals Seeks ASX Quotation for Shares Issued to Consultants
Sep 25, 2026
Venari Minerals NL has applied for quotation of 585,000 new ordinary fully paid shares on the ASX, issued as consideration for consulting services. The securities, carrying the VMS ticker, were created under a consulting agreement and form part of...
Venari Minerals Flags Late Director Interest Notice, Affirms ASX Compliance
Sep 11, 2026
Venari Minerals NL has lodged an Appendix 3Y reporting a change in Executive Chairman Anthony Leibowitz’s direct and indirect interests in the company’s securities as at 25 August 2026. The director’s holdings include interests v...
Venari Minerals Wins Shareholder Backing for Capital Raising Suite
Sep 11, 2026
Venari Minerals NL has secured strong shareholder backing for its latest capital management initiatives, with all resolutions at its 11 September general meeting passed by poll. The approved measures cover prior and future share placements, option...
Venari Minerals Links Share Price Surge to Red Mountain Lithium Activity
Sep 10, 2026
Venari Minerals NL has responded to an Australian Securities Exchange price and volume query, stating it is not aware of any undisclosed information that would explain recent trading activity in its shares, and confirming compliance with continuou...
Venari Minerals CEO to Brief Investors at Gold Coast Conference
Sep 8, 2026
Venari Minerals NL, an ASX-listed critical minerals company focused on lithium and strontium for U.S. battery and defence supply chains, is building its portfolio around assets such as the Red Mountain Project. Its strategy is aligned with growing...
Venari moves to fast‑track Red Mountain lithium expansion with enlarged drilling footprint
Sep 1, 2026
Venari Minerals is advancing its Red Mountain lithium and strategic minerals project in Nevada, where it has already defined a maiden mineral resource and identified a substantial exploration target. The project sits in a geologic setting similar ...
Venari Minerals Director Sees Expiry of ASX-Listed Options
Aug 24, 2026
Venari Minerals NL has reported a change in the indirect interests of director Matthew James Healy, reflecting the expiry of a tranche of listed options held through HS-Healy Pty Ltd as trustee of the MJ Healy Townsville Property Trust. The notice...
Venari Minerals Updates Director Anthony Leibowitz’s Equity Holdings
Aug 24, 2026
Venari Minerals NL has reported changes in the equity interests of director Anthony Leibowitz, covering both his direct holdings and those held via associated entities. The updated notice details movements in fully paid ordinary shares, listed opt...
Venari Minerals Calls September Meeting to Approve Major Share Placement
Aug 13, 2026
Venari Minerals NL has called a general meeting of shareholders for 11 September 2026 in Sydney to vote on a series of capital-raising and governance resolutions related to a recent and proposed share placement. The record date for voting eligibil...
Venari Minerals Director Increases Indirect Stake via Loyalty Option Issue
Aug 7, 2026
Venari Minerals NL has disclosed a change in director Matthew James Healy’s indirect interests in the company’s securities, via HS-Healy Pty Ltd acting as trustee of the MJ Healy Townsville Property Trust. The notice details Mr Healy&#...
Venari Minerals director increases equity exposure via new options
Aug 7, 2026
Venari Minerals has disclosed a change in the interests of director Vincent Fayad following an update lodged with the ASX. The filing details his direct and indirect holdings through KAFTA Enterprises Pty Ltd as trustee for both the Fayad Settleme...
Venari Minerals Director Boosts Stake With Additional Listed Options
Aug 7, 2026
Venari Minerals NL has disclosed a change in director Anthony Leibowitz’s interests in the company’s securities, including both direct and indirect holdings. His indirect interests are held through several entities where he acts as tru...
Venari Minerals updates loyalty option details and clarifies capital structure
Aug 6, 2026
Venari Minerals NL has issued an amended announcement to correct the expiry dates of securities associated with its previously disclosed loyalty options, confirming that all other details from the original release remain unchanged. The clarificati...
ASX Reinstates Venari Minerals Options to Quotation
Aug 6, 2026
ASX Compliance has approved the reinstatement to quotation of Venari Minerals NL options under security class code VMSOA, allowing these securities to resume trading on the Australian Securities Exchange. The move restores market access and liquid...
Venari Minerals Seeks ASX Quotation for Over 10 Million New Options
Aug 6, 2026
Venari Minerals NL has lodged an application with the ASX for quotation of 10,219,160 new options under the security code VMSOA, each expiring on August 6, 2028. The options are being issued as part of a previously announced transaction, formalise...
Venari Minerals Details Loyalty Options and Boosts Investor Engagement
Aug 6, 2026
Venari Minerals NL has outlined key details of its pro rata non-renounceable entitlement offer of listed Loyalty Options, including the distribution schedule of option holders, the top 20 holders and the terms and conditions of the options. The co...
Venari launches high-grade drilling to upgrade Red Mountain lithium resource
Aug 6, 2026
Venari Minerals has commenced a 12-hole, 3,360m diamond drilling program at the high-grade northern sector of its Red Mountain project in Nevada, aiming to upgrade this portion of the mineral resource from Inferred to Indicated under JORC 2012. Th...
Venari Minerals Confirms Allotment and Dispatch of Loyalty Options
Aug 3, 2026
Venari Minerals NL has confirmed that allotment of its pro rata non-renounceable Loyalty Options to eligible shareholders in Australia, New Zealand, the United Kingdom and the British Virgin Islands will be completed by 6 August 2026. Shareholders...
Venari Minerals Expands ASX-Quoted Share Base With New Issue
Jul 31, 2026
Venari Minerals NL has applied for quotation of 22,095,000 ordinary fully paid shares on the ASX, with the new securities issued on July 31, 2026. The application under Appendix 2A follows transactions previously notified to the market, signalling...
Venari Minerals Issues Tranche of Capital Raising Shares with Cleansing Notice
Jul 31, 2026
Venari Minerals NL has issued 22,095,000 fully paid ordinary shares to sophisticated investors as the first tranche of a previously announced capital raising, utilising its placement capacity under ASX Listing Rules 7.1 and 7.1A. The funds raised ...
ASX Suspends Venari Minerals’ VMSOA Securities from Quotation
Jul 29, 2026
The Australian Securities Exchange has suspended Venari Minerals NL’s VMSOA securities from quotation, citing non-compliance with specific listing requirements. The halt applies solely to the VMSOA class and leaves Venari’s other quote...
Venari Minerals flags August expiry of out-of-the-money options
Jul 24, 2026
Venari Minerals NL has notified holders that 29,184,727 listed options, exercisable at A$0.50 and trading as VMSO, will expire at 5:00pm AEST on 21 August 2026 unless exercised, with ASX quotation of the options to cease on 17 August 2026. With th...
Venari Minerals Launches Loyalty Bonus Option Offer Under Transaction-Specific Prospectus
Jul 23, 2026
Venari Minerals NL has released a prospectus for a pro-rata non-renounceable entitlement offer of one loyalty bonus option for every ten shares held by shareholders on the record date. The loyalty options are exercisable at $0.12 within two years ...
Venari Minerals to Highlight Critical Minerals Strategy at Noosa Mining Conference
Jul 21, 2026
Venari Minerals NL will showcase its strategy and projects at the Noosa Mining Conference in Queensland, where CEO Matthew Healy is scheduled to present on Wednesday 22 July 2026. The presentation, which can be viewed online by registered sharehol...
Venari Minerals Plans Modest Share Placement on ASX
Jul 7, 2026
Venari Minerals NL has notified the ASX of its intention to issue up to 500,000 ordinary fully paid shares under a proposed placement or similar capital raising structure. The new securities are expected to be issued on 31 July 2026, indicating a ...
Venari Metals Sells Georgina Basin IOCG Project to Refocus on Nevada Lithium
Jul 6, 2026
Venari Metals NL has agreed to divest its 100% interest in the Georgina Basin IOCG Project in the Northern Territory to AIM-listed Alien Minerals Limited, in line with its strategy to concentrate capital and technical resources on its Red Mountain...
Venari Minerals Director Restructures Trust Holdings in Off-Market Share Transfer
Jul 6, 2026
Venari Minerals NL has reported a change in the interests of director Vincent Fayad, detailing a reorganisation of his holdings in the ASX-listed mineral explorer. The company’s capital structure includes ordinary shares, listed options and ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.