Velocity Minerals Stock Today

VLC Stock  CAD 0.17  0.01  5.56%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 21

 
High
 
Low
Low
Velocity Minerals is selling for under 0.17 as of the 25th of November 2024; that is 5.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.17. Velocity Minerals has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Velocity Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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.. The company has 196.3 M outstanding shares of which 2.48 K shares are at this time shorted by private and institutional investors with about 0.15 days to cover all short positions. More on Velocity Minerals

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Velocity Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Velocity Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Velocity Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentRPGeo MSc
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Velocity Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Velocity Minerals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Velocity Minerals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Velocity Minerals' financial leverage. It provides some insight into what part of Velocity Minerals' total assets is financed by creditors.
Liquidity
Velocity Minerals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Velocity Minerals has accumulated 976.49 K in total debt with debt to equity ratio (D/E) of 52.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Velocity Minerals has a current ratio of 13.98, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Velocity Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Velocity Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Velocity Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Velocity to invest in growth at high rates of return. When we think about Velocity Minerals' use of debt, we should always consider it together with cash and equity.

Net Income

(1.89 Million)
Velocity Minerals (VLC) is traded on TSX Venture Exchange in Canada and employs 8 people. Velocity Minerals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Velocity Minerals's market, we take the total number of its shares issued and multiply it by Velocity Minerals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Velocity Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 196.3 M outstanding shares of which 2.48 K shares are at this time shorted by private and institutional investors with about 0.15 days to cover all short positions. Velocity Minerals has accumulated about 7.89 M in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check Velocity Minerals Probability Of Bankruptcy
Ownership Allocation
Velocity Minerals shows a total of 196.3 Million outstanding shares. Velocity Minerals maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Velocity Ownership Details

Velocity Minerals Risk Profiles

Although Velocity Minerals' alpha and beta are two of the key measurements used to evaluate Velocity Minerals' performance over the market, the standard measures of volatility play an important role as well.

Velocity Stock Against Markets

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Velocity Minerals Corporate Management

Elected by the shareholders, the Velocity Minerals' board of directors comprises two types of representatives: Velocity Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Velocity. The board's role is to monitor Velocity Minerals' management team and ensure that shareholders' interests are well served. Velocity Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Velocity Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
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Joyce BScVice CommunicationsProfile
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Stuart MillsDirector GeologyProfile
CGA CPAChief OfficerProfile

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.