Velocity Minerals Financials
VLC Stock | CAD 0.17 0.00 0.00% |
Short Ratio 0.15 | Return On Equity (0.06) |
Velocity | Select Account or Indicator |
Understanding current and past Velocity Minerals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Velocity Minerals' financial statements are interrelated, with each one affecting the others. For example, an increase in Velocity Minerals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Velocity Minerals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Velocity Minerals. Check Velocity Minerals' Beneish M Score to see the likelihood of Velocity Minerals' management manipulating its earnings.
Velocity Minerals Stock Summary
Velocity Minerals competes with Advent Wireless, Slate Grocery, Exco Technologies, CVW CleanTech, and Data Communications. Velocity Minerals Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Bulgaria. Its principal property is the Rozino gold project located in the municipalities of Ivaylovgrad and Krumovgrad in southeast Bulgaria. VELOCITY MINERALS operates under Gold classification in Canada and is traded on TSX Venture Exchange.Foreign Associate | Vietnam |
Specialization | Basic Materials, Materials |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA92258F3007 |
Business Address | 999 West Hastings |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.velocityminerals.com |
Phone | 604 484 1233 |
Currency | CAD - Canadian Dollar |
You should never invest in Velocity Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Velocity Stock, because this is throwing your money away. Analyzing the key information contained in Velocity Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Velocity Minerals Key Financial Ratios
There are many critical financial ratios that Velocity Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Velocity Minerals reports annually and quarterly.Gross Profit | (246.08 K) | ||||
EBITDA | (1.87 M) | ||||
Net Income | (1.8 M) | ||||
Total Asset | 29.86 M | ||||
Retained Earnings | (22.94 M) |
Velocity Minerals Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.0M | 29.0M | 28.5M | 26.5M | 29.9M | 31.4M | |
Net Tangible Assets | 3.2M | 6.7M | 20.5M | 23.5M | 27.1M | 28.4M | |
Retained Earnings | (13.9M) | (16.0M) | (18.5M) | (21.1M) | (22.9M) | (21.8M) | |
Accounts Payable | 707.3K | 795.9K | 368.5K | 353.4K | 543.8K | 473.4K | |
Cash | 3.2M | 10.5M | 4.7M | 1.1M | 3.2M | 2.5M | |
Net Receivables | 76.1K | 76.9K | 819.0 | 18.1K | 145.8K | 153.1K | |
Total Liab | 4.9M | 5.2M | 474.4K | 618.5K | 976.5K | 1.5M | |
Total Current Assets | 3.3M | 11.0M | 5.0M | 1.4M | 3.6M | 2.6M | |
Common Stock | 13.0M | 17.8M | 33.7M | 40.3M | 46.4M | 48.7M | |
Net Invested Capital | 10.7M | 24.7M | 23.5M | 21.3M | 24.1M | 17.1M | |
Net Working Capital | 2.5M | 10.0M | 4.6M | 974.4K | 2.7M | 3.5M |
Velocity Minerals Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 494.7K | 639.6K | 153.2K | 16.6K | 17.6K | 16.7K | |
Operating Income | (2.3M) | (1.7M) | (2.2M) | (2.7M) | (2.0M) | (2.1M) | |
Ebit | (1.9M) | (1.5M) | (2.0M) | (2.6M) | (2.3M) | (2.2M) | |
Income Before Tax | (2.6M) | (2.2M) | (2.5M) | (2.8M) | (1.8M) | (1.9M) | |
Net Income | (2.5M) | (2.1M) | (2.5M) | (2.7M) | (1.8M) | (1.9M) |
Velocity Minerals Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Investments | (5.6M) | (7.1M) | (5.4M) | (1.5M) | (719.4K) | (755.4K) | |
Change In Cash | 3.0M | 7.3M | (5.9M) | (3.6M) | 2.1M | 2.2M | |
Capital Expenditures | 5.6M | 7.1M | 5.5M | 1.5M | 3.0M | 2.6M | |
Net Income | (2.5M) | (2.2M) | (2.7M) | (2.9M) | (1.8M) | (1.9M) | |
Change To Netincome | 725.2K | 599.0K | 256.5K | 135.5K | 155.8K | 148.0K | |
End Period Cash Flow | 3.2M | 10.5M | 4.7M | 1.1M | 3.2M | 3.1M | |
Free Cash Flow | (7.5M) | (8.8M) | (7.8M) | (3.8M) | (4.4M) | (4.6M) | |
Other Non Cash Items | 477.0K | 646.2K | 130.2K | (15.9K) | 24.1K | 22.9K |
Velocity Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Velocity Minerals's current stock value. Our valuation model uses many indicators to compare Velocity Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Velocity Minerals competition to find correlations between indicators driving Velocity Minerals's intrinsic value. More Info.Velocity Minerals is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Velocity Minerals' earnings, one of the primary drivers of an investment's value.Velocity Minerals Systematic Risk
Velocity Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Velocity Minerals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Velocity Minerals correlated with the market. If Beta is less than 0 Velocity Minerals generally moves in the opposite direction as compared to the market. If Velocity Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Velocity Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Velocity Minerals is generally in the same direction as the market. If Beta > 1 Velocity Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Velocity Minerals Total Assets Over Time
Velocity Minerals November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Velocity Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Velocity Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Velocity Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Velocity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Velocity Minerals's daily price indicators and compare them against related drivers.
Downside Deviation | 8.18 | |||
Information Ratio | 0.0866 | |||
Maximum Drawdown | 27.65 | |||
Value At Risk | (5.56) | |||
Potential Upside | 7.14 |
Additional Tools for Velocity Stock Analysis
When running Velocity Minerals' price analysis, check to measure Velocity Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Velocity Minerals is operating at the current time. Most of Velocity Minerals' value examination focuses on studying past and present price action to predict the probability of Velocity Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Velocity Minerals' price. Additionally, you may evaluate how the addition of Velocity Minerals to your portfolios can decrease your overall portfolio volatility.