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Volt Resources Ltd
(Sydney:VRC)
Volt Resources Ltd (VRC) vs. iShares MSCI Australia ETF (EWA)
Volt Resources Ltd Business Overview & Revenue Model
Volt Resources Ltd Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 6.00K | -36.19K | -784.00 | -1.42K | -9.03K |
| EBITDA | -2.79M | -13.29M | -3.00M | -2.23M | -2.40M |
| Net Income | -4.12M | -13.34M | -16.41M | -2.55M | -3.14M |
Balance Sheet | |||||
| Total Assets | 26.19M | 28.29M | 28.66M | 26.75M | 24.43M |
| Cash, Cash Equivalents and Short-Term Investments | 84.63K | 2.97M | 358.50K | 254.52K | 264.45K |
| Total Debt | 184.97K | 0.00 | 0.00 | 1.54M | 1.54M |
| Total Liabilities | 6.55M | 6.66M | 6.33M | 573.45K | 2.22M |
| Stockholders Equity | 19.85M | 21.85M | 22.54M | 26.39M | 22.42M |
Cash Flow | |||||
| Free Cash Flow | -4.20M | -5.63M | -4.13M | -3.67M | -2.69M |
| Operating Cash Flow | -2.60M | -4.41M | -3.60M | -2.22M | -2.34M |
| Investing Cash Flow | -1.90M | -4.29M | -6.80M | -1.45M | -355.19K |
| Financing Cash Flow | 1.63M | 11.32M | 10.50M | 3.66M | 1.79M |
Volt Resources Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | 243.04M | 5.30 | 5.52% | 11.90% | -13.54% | -56.86% | |
46 Neutral | 160.22M | 90.00 | 0.00% | ― | 0.00% | 0.00% | |
42 Neutral | 406.04M | -1.66 | -32.72% | ― | -62.37% | 23.19% | |
38 Underperform | 9.87M | -2.59 | 0.00% | ― | 0.00% | 7.94% | |
33 Underperform | AU$23.42M | ― | -16.04% | ― | ― | 69.23% | |
32 Underperform | 30.47M | -2.09 | 0.00% | ― | 0.00% | 10.42% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Volt Resources Ltd Corporate Events
Volt Resources Ltd has announced the recommencement of its gold exploration activities in Guinea, driven by the potential value creation in the current high gold price environment. The company has identified significant gold anomalies in its Kouroussa, Konsolon, and Nzima prospects, and plans to leverage these findings to enhance shareholder value while maintaining its focus on graphite operations.
Volt Resources Ltd recently hosted the Ukrainian Ambassador to Australia, His Excellency Mr. Vasyl Myroshnychenko, at their Perth office to discuss collaboration in critical minerals. The visit underscores the strategic importance of Volt’s Zavalievsky Graphite operations in Ukraine, which continue to supply high-purity graphite to global markets despite the ongoing conflict. The discussions highlighted the potential for deeper partnerships between Ukraine and Australia, focusing on sustainable supply chains for critical minerals, and emphasized Volt’s role in supporting Ukraine’s economic resilience and the global energy transition.
Volt Resources Limited announced a change in the director’s interest, with Mr. Dominic Virgara acquiring 78,461,538 fully paid ordinary shares valued at $204,000. This acquisition reflects a significant increase in Mr. Virgara’s stake in the company, potentially impacting the company’s governance and signaling confidence in its future prospects.
Volt Resources Limited has announced a change in the director’s interest, with Mr. Asimwe Kabunga acquiring an additional 76,923,077 fully paid ordinary shares, valued at $200,000. This acquisition increases Kabunga’s total holdings and reflects a strategic move under a resolution from a recent general meeting, potentially strengthening his influence within the company and impacting its governance dynamics.
Volt Resources Limited announced the issuance of 155,384,615 fully paid ordinary shares, which will be exempt from on-sale restrictions under section 708A(5) of the Corporations Act 2001. This move is part of Volt’s ongoing efforts to strengthen its financial position and support its strategic projects, including the Bunyu Graphite Project in Tanzania and other ventures in critical minerals and advanced materials.
Volt Resources Ltd has announced the issuance of 155,384,615 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s capital base, potentially improving its market position and providing more resources to advance its projects, which could have positive implications for stakeholders and investors.
Volt Resources Ltd announced that all resolutions proposed at their General Meeting were successfully passed by a poll. This outcome supports the company’s strategic initiatives, including the ratification of placement under listing rule 7.1A and approvals for key individuals to participate in the placement, which could enhance Volt’s financial and operational capabilities.
Volt Resources Limited has announced key financial strategies to enhance its resilience amid challenging market conditions, including the Ukraine War and low graphite prices. The company has temporarily adjusted executive remuneration, resulting in a significant reduction in monthly expenditures, and restructured a loan to extend its repayment period and reduce interest rates, thereby optimizing resources for growth and development.
Volt Resources Limited’s Zavalievsky Graphite business is set to benefit from a new US-Ukraine critical minerals agreement, which enhances market access for Ukrainian graphite in North America. This deal includes tariff reductions and infrastructure investments, positioning Zavalievsky Graphite as a key supplier in transnational battery supply chains. Additionally, Zavalievsky Graphite has been recognized as a strategic asset in the European Raw Materials Alliance’s investment pipeline, further supporting Volt’s role in meeting increased European graphite demand. This recognition aligns with the EU-Ukraine strategic partnership on raw materials, aimed at securing critical resources for the green and digital transitions.
Volt Resources Ltd has addressed a price and volume query from the ASX, confirming no undisclosed information that could explain recent trading activity. The company attributes the trading to news of a significant critical minerals deal between the US and Ukraine, which positively impacts Volt due to its substantial interest in the Zavalievsky Graphite mine in Ukraine. Additionally, Volt is progressing discussions on a proposed graphite refinery in the USA, following a recent roadshow in Saudi Arabia and Dubai to attract strategic investors.
Volt Resources Limited is progressing its plans to establish a USA Graphite Refinery and production facility, with recent discussions held between its CEO and potential partners, the Tuscaloosa County Economic Development Authority and the Alabama Mobility and Power Centre. These talks centered around the industrialization strategy, implementation plans, and financial incentives for the project, which is contingent on securing necessary funding. The proposed site in Tuscaloosa County, Alabama, offers strategic advantages such as access to essential infrastructure, which are crucial for the refinery’s development.
Volt Resources Ltd has announced a General Meeting of shareholders scheduled for March 20, 2025, in Subiaco, Western Australia. The company emphasizes the importance of shareholder participation in the voting process, encouraging the use of electronic communications to enhance efficiency and reduce costs. This approach reflects Volt’s commitment to sustainability and streamlined operations.
Volt Resources Limited is holding a general meeting to discuss key resolutions impacting shareholder interests. The meeting aims to ratify a prior share placement and approve participation of Mr. Asimwe Kabunga in the placement, reflecting strategic decisions that may influence stakeholder dynamics and company capital structure.
Volt Resources Limited has issued 121,153,846 fully paid ordinary shares under the exemption provided by section 708A(5) of the Corporations Act 2001. This issuance, detailed in their Appendix 2A, is executed without the need for disclosure to investors, as the company complies with relevant legal provisions and provides no undisclosed information that would impact investor assessments. The share issuance reflects the company’s ongoing efforts to strengthen its financial position and potentially support its development projects, impacting stakeholders with potential growth opportunities in the graphite and advanced materials sector.
Volt Resources Ltd has announced the issuance and quotation of 121,153,846 new ordinary fully paid securities on the Australian Securities Exchange (ASX), effective February 5, 2025. This move is part of a previously announced transaction and is expected to bolster the company’s financial positioning, potentially enhancing its ability to capitalize on opportunities within the growing battery and energy storage markets.