Want to see AU:VRL full AI Analyst Report?
Top Page
Verity Resources
(Sydney:VRL)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.01
▲(10.00% Upside)
Action:N/A
Date:10/02/26
The score is primarily held down by very weak financial performance—persistent and worsening losses, ongoing operating/free-cash-flow burn, and shrinking equity—despite the benefit of having essentially no debt. Technical indicators add further downside pressure with price below key moving averages and negative MACD. Valuation provides little support given the negative P/E and no dividend yield data.
Positive Factors
Debt-free balance sheet
Essentially no debt reduces refinancing pressure and interest obligations, preserving financial flexibility relative to a leveraged peer. This gives Verity more room to manage its losses and direct any future funding toward operations rather than servicing existing borrowings.
Negative Factors
Minimal and inconsistent revenue
Minimal revenue and two consecutive years of zero reported revenue indicate that the operating model has not yet established a dependable commercial base. Without recurring sales, Verity has limited ability to absorb costs, fund development, or demonstrate sustainable business traction.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Essentially no debt reduces refinancing pressure and interest obligations, preserving financial flexibility relative to a leveraged peer. This gives Verity more room to manage its losses and direct any future funding toward operations rather than servicing existing borrowings.
Read all positive factors
Verity Resources (VRL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.40M
Dividend YieldN/A
Average Volume (3M)371.02K
Price to Earnings (P/E)―
Beta (1Y)3.28
Revenue GrowthN/A
EPS Growth7.95%
CountryAU
Employees4
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-1.41
Shares Outstanding490,962,920
10 Day Avg. Volume266,921
30 Day Avg. Volume371,025
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)4.16
Price to Sales (P/S)0.00
P/FCF Ratio-1.11
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
Verity Resources Business Overview & Revenue Model
Company Description
Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, gold, silver, platinum gr...
Verity Resources Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
44
Neutral
Cash Flow
12
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 70.07K | 22.75K | 42.27K |
| Gross Profit | -30.70K | -8.18K | -22.64K | 70.07K | 22.75K | -39.37K |
| EBITDA | -1.20M | -5.32M | -1.56M | -4.38M | -1.97M | -6.72M |
| Net Income | -1.15M | -5.31M | -1.55M | -4.49M | -1.91M | -6.80M |
Balance Sheet | ||||||
| Total Assets | 2.31M | 2.08M | 2.21M | 1.75M | 870.82K | 11.67M |
| Cash, Cash Equivalents and Short-Term Investments | 860.29K | 1.05M | 891.62K | 271.12K | 709.67K | 6.32M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 100.19K |
| Total Liabilities | 1.10M | 834.82K | 418.47K | 289.56K | 210.53K | 1.09M |
| Stockholders Equity | 1.21M | 1.24M | 1.79M | 1.46M | 660.29K | 10.58M |
Cash Flow | ||||||
| Free Cash Flow | -3.72M | -4.67M | -1.26M | -4.45M | -1.83M | -6.53M |
| Operating Cash Flow | -3.72M | -4.67M | -1.26M | -4.33M | -1.83M | -6.49M |
| Investing Cash Flow | 739.00 | 0.00 | -1.75K | -212.34K | -3.81M | -24.27K |
| Financing Cash Flow | 4.52M | 4.89M | 1.90M | 4.23M | -61.50K | -65.92K |
Verity Resources Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
0.02
Negative
Market Momentum
>-0.01
Positive
35.89
Neutral
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VRL, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.89 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VRL.
Verity Resources 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% | |
47 Neutral | AU$26.29M | -0.88 | -39.70% | ― | ― | -88.48% | |
45 Neutral | AU$8.98M | -3.55 | -27.88% | ― | ― | 70.75% | |
44 Neutral | AU$14.50M | -1.95 | -56.79% | ― | ― | 26.38% | |
42 Neutral | AU$5.40M | -0.68 | -190.91% | ― | ― | 7.95% | |
42 Neutral | AU$7.57M | -1.55 | -85.01% | ― | ― | -9.35% |
* Basic Materials Sector Average
AU:VRL
Verity Resources
0.01
-0.01
-50.00%
AU:EV1
Evolution Energy Minerals Limited
0.01
>-0.01
-31.25%
AU:VR8
Vanadium Resources Ltd.
0.06
0.02
52.50%
AU:CZN
Corazon Mining Limited
0.11
-0.11
-48.84%
AU:CMG
Critical Minerals Group Ltd.
0.06
-0.10
-61.29%
AU:PAT
Patriot Lithium Ltd.
0.04
-0.01
-18.52%
Verity Resources Corporate Events
Verity Resources Publishes Comprehensive 2026 Annual Report
Sep 30, 2026
Verity Resources Limited has released its 2026 Annual Report, presenting a comprehensive review of operations, governance disclosures, remuneration details and full audited financial statements for the year. The document underscores the company...
Verity Resources Updates ASX Corporate Governance Disclosures for FY2026
Sep 30, 2026
Verity Resources Limited, an ASX-listed resources company trading under ticker VRL, has reiterated its focus on corporate governance transparency and compliance. The company provides investors with access to its governance charters and policies th...
Verity Resources Sets 2026 AGM Date and Opens Director Nomination Window
Sep 23, 2026
Verity Resources has scheduled its 2026 annual general meeting for 18 November, with the exact time and logistical details to be confirmed in a forthcoming notice to shareholders. The company has also set 30 September as the deadline for valid dir...
Verity Resources Secures Key Botswana Licences to Advance High-Grade Copper-Nickel Projects
Aug 26, 2026
Verity Resources has secured a two-year renewal of four key prospecting licences in eastern Botswana, consolidating tenure over its core Limpopo Mobile Belt landholding. The licences cover the Airstrip and Dibete copper-silver discoveries and the ...
Verity Resources Highlights Gold and Critical Metals Portfolio in Investor Update
Aug 2, 2026
Verity Resources has released an investor presentation dated early August 2026 outlining its position as a gold and critical metals explorer with assets spanning Western Australia, Brazil and Botswana. The company highlights its district-scale Lav...
Verity Resources boosts Monument gold resources and restarts Botswana exploration
Jul 28, 2026
Verity Resources has delivered a maiden JORC Indicated Mineral Resource of 1.18Mt at 1.75g/t for 66,200oz at the Monument Gold Project, lifting total resources to 2.5Mt at 1.72g/t for 137,700oz and materially upgrading confidence from prior Inferr...
Verity Resources Defines New Gold Target and Expands Monument Drill Pipeline
Jul 6, 2026
Verity Resources has reported soil sampling results that define a new intrusion-related gold target at the Gum Well tenement within its 100%-owned Monument Gold Project in Western Australia. The company, which is building a portfolio of gold explo...
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.