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Vertex Minerals Ltd.
(Sydney:VTX)
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Rating:45Neutral
Price Target:
AU$0.09
▼(-33.57% Downside)
Action:Reiterated
Date:10/06/26
The score is weighed down primarily by weak financial performance—deepening losses, rising leverage, and significant cash burn—despite strong revenue growth. Technicals add further downside risk due to a sustained downtrend and negative momentum. Valuation is neutral-to-weak because losses make the negative P/E less informative and there is no dividend support.
Positive Factors
Sharp revenue growth
The exceptionally strong revenue increase indicates that Vertex is moving beyond an early commercialization stage and gaining meaningful business activity. If this expansion persists, a larger revenue base can provide operating scale and a foundation for improving profitability over the next several quarters.
Negative Factors
Deepening unprofitability
The deterioration from revenue growth to deeply negative gross profit shows that expansion is not yet translating into economically sustainable operations. Widening operating losses and severely negative margins could require a prolonged turnaround before the business generates durable earnings from its higher sales base.
Read all positive and negative factors
Positive Factors
Negative Factors
Sharp revenue growth
The exceptionally strong revenue increase indicates that Vertex is moving beyond an early commercialization stage and gaining meaningful business activity. If this expansion persists, a larger revenue base can provide operating scale and a foundation for improving profitability over the next several quarters.
Read all positive factors
Vertex Minerals Ltd. (VTX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$28.34M
Dividend YieldN/A
Average Volume (3M)278.93K
Price to Earnings (P/E)―
Beta (1Y)2.17
Revenue Growth1349.50%
EPS Growth-87.74%
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.06
Shares Outstanding295,188,500
10 Day Avg. Volume307,761
30 Day Avg. Volume278,933
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)1.54
Price to Sales (P/S)7.67
P/FCF Ratio-1.59
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
Vertex Minerals Ltd. Business Overview & Revenue Model
Company Description
Vertex Minerals Limited is an Australian company dedicated to the assessment and discovery of mineral resources, with activities concentrated in New South Wales and Western Australia. The firm primarily targets gold and nickel deposits. Its projec...
Vertex Minerals Ltd. Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
34
Negative
Cash Flow
12
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.24M | 292.55K | 71.73K | 0.00 | 0.00 |
| Gross Profit | -5.33M | -1.84M | 71.73K | -2.00K | 0.00 |
| EBITDA | -7.43M | -4.35M | -1.05M | -967.92K | -474.53K |
| Net Income | -16.41M | -5.85M | -1.08M | -969.92K | -557.07K |
Balance Sheet | |||||
| Total Assets | 47.19M | 29.57M | 13.20M | 7.77M | 8.44M |
| Cash, Cash Equivalents and Short-Term Investments | 2.92M | 1.72M | 2.11M | 596.31K | 3.45M |
| Total Debt | 20.71M | 10.58M | 381.70K | 0.00 | 0.00 |
| Total Liabilities | 26.08M | 14.07M | 1.12M | 309.33K | 283.85K |
| Stockholders Equity | 21.11M | 15.50M | 12.08M | 7.46M | 8.16M |
Cash Flow | |||||
| Free Cash Flow | -20.39M | -16.75M | -4.26M | -2.81M | -1.60M |
| Operating Cash Flow | -5.22M | -5.45M | -1.17M | -598.67K | -425.32K |
| Investing Cash Flow | -14.36M | -12.04M | -3.09M | -2.22M | -1.18M |
| Financing Cash Flow | 20.18M | 17.10M | 5.77M | -35.97K | 5.05M |
Vertex Minerals Ltd. Technical Analysis
Negative
0.14
Price Trends
0.13
Negative
0.12
Negative
0.15
Negative
Market Momentum
>-0.01
Positive
34.72
Neutral
28.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VTX, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.13, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.72 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VTX.
Vertex Minerals Ltd. 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% | |
53 Neutral | AU$33.28M | 0.70 | 79.65% | ― | ― | ― | |
49 Neutral | AU$22.64M | -6.11 | -95.83% | ― | ― | -3.28% | |
46 Neutral | AU$33.87M | -4.44 | -84.88% | ― | -100.00% | 10.00% | |
45 Neutral | AU$28.34M | -1.57 | -70.01% | ― | 1349.50% | -87.74% | |
44 Neutral | AU$32.93M | -6.19 | -74.10% | ― | 133.33% | -321.05% | |
44 Neutral | AU$14.33M | -3.58 | -55.21% | ― | -100.00% | -8.36% |
* Basic Materials Sector Average
AU:VTX
Vertex Minerals Ltd.
0.10
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-71.21%
AU:NXM
Nexus Minerals Ltd.
0.05
-0.02
-31.43%
AU:ZAG
Zuleika Gold Limited
0.03
<0.01
39.13%
AU:FAU
First AU Ltd.
0.21
<0.01
3.02%
AU:OZM
OzAurum Resources Ltd.
0.08
<0.01
7.04%
AU:PGD
Peregrine Gold Ltd.
0.14
-0.18
-56.45%
Vertex Minerals Ltd. Corporate Events
Vertex Minerals Trading Reinstated on ASX After Annual Report Lodgement
Oct 2, 2026
Vertex Minerals Limited has had the suspension of trading in its securities on the ASX lifted, following the lodgement of its Annual Financial Report for the period ended 30 June 2026. Trading in VTX shares is scheduled to resume from the commence...
Vertex Minerals lodges 2026 corporate governance statement with ASX
Oct 2, 2026
Vertex Minerals Ltd. has lodged its Appendix 4G and 2026 Corporate Governance Statement with the ASX, meeting the disclosure obligations under Listing Rules 4.7.3, 4.7.4 and 4.10.3. The governance statement, current as of 2 October 2026 and approv...
Vertex Minerals Releases 2026 Annual Report Detailing Operations and Governance
Oct 2, 2026
Vertex Minerals Ltd. has released its annual report for the year ended 30 June 2026, outlining the company’s financial performance, operational review and governance framework. The report includes statutory financial statements, directors...
Vertex Minerals Suspended from ASX for Late Periodic Report
Oct 1, 2026
The Australian Securities Exchange has suspended trading in Vertex Minerals Ltd. shares after the company failed to lodge a required periodic report by the stipulated deadline. Vertex was one of several resource and investment entities impacted, h...
Vertex Minerals Faces Brief Trading Halt Over Delayed 2026 Accounts
Sep 30, 2026
Vertex Minerals Ltd. has announced it will miss the statutory and ASX Lodgment deadline for filing its audited financial report for the year ended 30 June 2026, citing unanticipated delays in working with auditor BDO Audit Pty Ltd. The delay will ...
Vertex Minerals moves to shore up ASX compliance after equity issuance breaches
Sep 30, 2026
Vertex Minerals has released a market update detailing the outcome of an independent expert review into historical breaches of ASX Listing Rule 7.1 and related rules between February 2024 and October 2025. The review follows an enforcement letter ...
Vertex Minerals Sets October General Meeting for Shareholders
Sep 25, 2026
Vertex Minerals Ltd. is an Australian-listed resources company trading on the ASX under the ticker VTX. The company operates in the minerals sector and is focused on advancing its portfolio for shareholders, with governance overseen by a board tha...
Vertex wins approval for 24/7 underground operations at Reward Gold Mine
Sep 18, 2026
Vertex Minerals has secured a varied Environment Protection License from the New South Wales Environment Protection Authority for its Reward Gold Mine, aligning environmental approvals with a recently modified development approval from local autho...
Vertex Minerals Lifts Size of Planned Share and Option Issue After Maturity Date Change
Sep 13, 2026
Vertex Minerals Ltd. has updated its proposed issue of securities, increasing the number of shares and options to be issued under an existing placement. The adjustment reflects a change in the maturity date of the related securities to 26 October ...
Vertex Minerals Revises Capital Raising Timetable and Structure
Sep 13, 2026
Vertex Minerals Limited has updated its proposed securities issuance timetable, shifting the shareholder meeting to approve the issue to 19 October 2026 and the expected issue date to 26 October 2026. The changes reflect revised corporate planning...
Vertex Minerals Revises Timeline and Terms for Loan Conversion to Equity
Sep 13, 2026
Vertex Minerals Ltd. has updated its planned timetable for a proposed issue of securities, moving the shareholder meeting to 19 October 2026 and the expected issue date to 26 October 2026. The update reflects changes to a financing arrangement tha...
Vertex Minerals Revises Timeline and Terms for Planned Options Issue
Sep 13, 2026
Vertex Minerals Ltd., an ASX-listed minerals sector company trading under the code VTX, continues to utilise options and placements as part of its funding strategy and project advancement. Its capital management reflects ongoing engagement with in...
Vertex Minerals Revises Timeline for Proposed Securities Issue
Sep 13, 2026
Vertex Minerals Ltd. has updated its proposed securities placement timetable, revising the expected date for a shareholder meeting to approve the issue to 19 October 2026. The company also shifted the anticipated issue date for the new securities ...
Vertex Minerals Confirms Reward Gold Mine Resource After ASX‑Driven Update
Sep 11, 2026
Vertex Minerals has amended its previously released updated mineral resource estimate for the Reward Gold Mine after the ASX found the announcement did not adequately summarise key JORC Code information in its body. The revised release now include...
Vertex Minerals Secures Up to A$4.2m in Convertible Loan Funding to Advance Hill End Gold Project
Sep 7, 2026
Vertex Minerals Ltd. has secured commitments for new convertible loan facilities of between A$2.8 million and A$4.2 million from sophisticated and professional investors, including A$0.6 million from Executive Chairman Bruce McInnes. Subject to sh...
Vertex Minerals Seeks Trading Halt Ahead of Capital Raising Plan
Sep 2, 2026
Vertex Minerals Ltd, an Australian minerals and resources company listed on the ASX as VTX, is headquartered in Hill End, New South Wales. The junior miner participates in the domestic capital markets to support its exploration and development pro...
Vertex Minerals Wins 24-Hour Operating Approval at Reward Gold Mine
Aug 20, 2026
Vertex Minerals has secured approval from Bathurst Regional Council to modify its development consent for the Reward Gold Mine in New South Wales. The decision permits 24-hour underground operations and blasting and clarifies site-wide operating h...
Vertex Minerals delays delivery of independent expert report on ASX rule breaches
Aug 13, 2026
Vertex Minerals has updated the market on the timing of an independent expert report examining its historical breaches of ASX Listing Rules, originally expected by 14 August 2026. The company says the expert, HWLE Lawyers, now anticipates deliveri...
Vertex Minerals Director Increases Stake via Share Purchase Plan
Aug 3, 2026
Vertex Minerals has disclosed a change in director Roger Jackson’s interest following his participation in the company’s share purchase plan announced on 1 July 2026. Jackson, through direct and related-entity holdings, acquired 300,00...
Vertex Minerals Director Lifts Stake and Supports Financing via Convertible Loan
Aug 3, 2026
Vertex Minerals director Bruce McInnes has increased his indirect holding in the company through participation in a recently announced share purchase plan, acquiring 300,000 additional ordinary shares at $0.10 each. His related entities now hold 1...
Vertex Minerals Seeks Quotation for 8.58 Million New Shares
Aug 3, 2026
Vertex Minerals Ltd., an Australian mineral exploration and development company listed on the ASX under ticker VTX, is expanding its equity base through the issue of additional ordinary fully paid shares. The company operates in the resources sect...
Vertex Minerals bolsters balance sheet with successful share purchase plan
Aug 3, 2026
Vertex Minerals Ltd. is an Australian gold mining company focused on developing its 100% owned Reward Gold Mine in the historic Hill End goldfield in New South Wales. The company has commenced gold processing using a gravity plant achieving about ...
Vertex Minerals Begins Narrow Longhole Stoping at Reward Gold Mine
Aug 3, 2026
Vertex Minerals has achieved the first production firing from a trial longhole open stope at Decline 3 of its Reward Gold Mine, targeting the high-grade Mica 1 lens. The stope, designed at a narrow 1.2m width, is expected to deliver ore to the pla...
Vertex Minerals prioritises Reward mine development as funding and recoveries strengthen
Jul 31, 2026
Vertex Minerals spent the June quarter on intensive underground development at the Reward Gold Mine, rehabilitating Declines 1, 2 and 3 to open lower levels for planned bottom-up long hole stoping from October 2026. Airleg stoping advanced on the ...
Vertex Minerals appoints independent expert after multiple ASX Listing Rule breaches
Jul 23, 2026
Vertex Minerals Ltd., an Australian-listed minerals company trading under the ASX code VTX, relies on equity and convertible instruments as key funding mechanisms in the local capital market. Its adherence to ASX Listing Rules, particularly around...
Vertex Minerals lifts gold sales and advances mechanised mining at Reward
Jul 13, 2026
Vertex Minerals Ltd., an Australian underground gold producer, is focused on ramping up operations at its Reward gold mine using both traditional airleg methods and planned mechanised long hole open stoping. The company is investing in equipment u...
Vertex Minerals Launches Discounted Share Purchase Plan to Raise Up to $2.5m
Jul 7, 2026
Vertex Minerals Ltd is an Australian-listed resources company focused on mineral exploration and development, with its shares traded on the ASX under the ticker VTX. The company operates projects in New South Wales and maintains active communicati...
Vertex Minerals Launches $0.10 Share Purchase Plan for Existing Investors
Jul 7, 2026
Vertex Minerals has announced a share purchase plan offering eligible Australian shareholders the opportunity to acquire up to $30,000 of new fully paid ordinary shares at $0.10 per share, without brokerage or transaction costs. The offer, conduct...
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.