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VRX Silica Ltd. (AU:VRX)
:VRX
Australian Market

VRX Silica Ltd. (VRX) AI Stock Analysis

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AU

VRX Silica Ltd.

(Sydney:VRX)

46Neutral
VRX Silica Ltd. faces significant challenges, including ongoing profitability and cash flow issues, despite potential revenue growth. Strong balance sheet stability is a positive, but technical indicators reflect weak market momentum. Valuation is hampered by negative earnings, suggesting limited investor appeal at present.

VRX Silica Ltd. (VRX) vs. S&P 500 (SPY)

VRX Silica Ltd. Business Overview & Revenue Model

Company DescriptionVRX Silica Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia. The company explores for silica. It owns 100% interests in the Arrowsmith and the Muchea silica sand projects located to the north of Perth in Western Australia; and the Boyatup silica sand project located to the east of the port town of Esperance. The company was formerly known as Ventnor Resources Limited and changed its name to VRX Silica Limited in December 2018. VRX Silica Limited was incorporated in 2010 and is headquartered in West Perth, Australia.
How the Company Makes MoneyVRX Silica Ltd. generates revenue primarily through the extraction and sale of silica sand from its mining operations. The company's key revenue streams include long-term supply agreements with glass and foundry industries, which utilize silica sand as a critical raw material in their production processes. VRX also aims to expand its market reach through strategic partnerships and export opportunities, leveraging the increasing global demand for high-purity silica sand. Additionally, the company focuses on cost-efficient production methods and sustainable mining practices to optimize profitability and maintain competitive pricing in the market.

VRX Silica Ltd. Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
31.51K113.48K56.90K1.36M73.67K
Gross Profit
31.51K4.53K-27.63K1.29M22.44K
EBIT
-2.27M-3.88M-3.97M-2.28M-2.43M
EBITDA
-3.83M-4.93M-4.94M-1.02M-2.31M
Net Income Common Stockholders
-4.26M-5.06M-5.03M-1.09M-2.37M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.31M1.58M9.31M10.44M2.60M
Total Assets
19.17M18.56M22.91M20.88M10.56M
Total Debt
337.22K418.16K188.19K255.24K134.15K
Net Debt
-1.98M-1.16M-9.12M-10.19M-2.47M
Total Liabilities
1.10M1.02M1.52M829.09K399.57K
Stockholders Equity
18.07M17.54M21.39M20.05M10.16M
Cash FlowFree Cash Flow
-4.85M-7.77M-5.51M-3.04M-2.84M
Operating Cash Flow
-3.56M-2.93M-1.94M-1.51M-1.55M
Investing Cash Flow
-406.60K-4.72M-3.56M-1.53M-1.27M
Financing Cash Flow
4.70M-72.99K4.37M10.88M3.88M

VRX Silica Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.04
Price Trends
50DMA
0.04
Negative
100DMA
0.04
Negative
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
43.79
Neutral
STOCH
33.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:VRX, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.79 is Neutral, neither overbought nor oversold. The STOCH value of 33.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:VRX.

VRX Silica Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
49
Neutral
$1.92B-1.52-22.04%3.84%0.67%-27.41%
AUSIO
48
Neutral
AU$55.79M18.4217.81%-4.83%
AUVRX
46
Neutral
AU$29.14M-20.25%23.46%
AUEPM
42
Neutral
AU$14.30M-5.98%75.00%
AUDRX
41
Neutral
AU$100.17M6.07-0.45%-103.57%
AUQGL
32
Underperform
AU$165.59M-44.88%-92.59%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:VRX
VRX Silica Ltd.
0.04
-0.03
-42.86%
AU:QGL
Quantum Graphite Ltd
0.48
-0.01
-2.04%
AU:DRX
Diatreme Resources Limited
0.02
0.00
0.00%
AU:EPM
Eclipse Metals Ltd.
AU:SIO
Simonds Group Ltd.
0.18
-0.01
-5.26%

VRX Silica Ltd. Corporate Events

VRX Silica Director Increases Stake Through Share Acquisition
Apr 2, 2025

VRX Silica Ltd has announced a change in the director’s interest, with Director Paul Boyatzis acquiring 700,000 ordinary shares through an indirect interest. This acquisition was part of a placement following shareholder approval, increasing his total holding to 6,200,000 ordinary shares. This move reflects a strategic decision by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects and stability.

VRX Silica Ltd. Issues New Shares to Raise Capital
Mar 28, 2025

VRX Silica Ltd. announced the issuance of 3,571,428 fully paid ordinary shares at $0.042 per share, raising approximately $150,000. This move, approved by shareholders, was executed without disclosure under Part 6D.2 of the Corporations Act 2001, and the company has complied with relevant legal provisions, indicating a strategic financial maneuver to potentially strengthen its market position.

VRX Silica Ltd. Announces General Meeting Results
Mar 25, 2025

VRX Silica Ltd. announced the results of its General Meeting held on March 25, 2025, where shareholders voted on several resolutions. The outcomes, detailed in a summary, indicate strong shareholder support for the resolutions, which could impact the company’s strategic direction and operational focus.

VRX Silica Limited Releases Interim Financial Report for 2024
Mar 13, 2025

VRX Silica Limited has released its interim financial report for the half-year ended December 31, 2024. The report provides insights into the company’s financial performance and strategic direction. VRX Silica Limited, listed on the Australian Securities Exchange, continues to focus on its operations and market positioning, which are crucial for its stakeholders.

VRX Silica Ltd. Announces General Meeting and Digital Notice Initiative
Feb 20, 2025

VRX Silica Ltd. has announced a General Meeting scheduled for March 25, 2025, at their Subiaco location. The company is transitioning to electronic dissemination of meeting notices, encouraging shareholders to access documents online, with options for email or physical copies upon request. This move underscores VRX Silica’s commitment to digital communication and streamlined shareholder engagement, which may enhance operational efficiency and stakeholder interaction.

VRX Silica Ltd. Announces General Meeting for March 2025
Feb 20, 2025

VRX Silica Ltd. has announced a notice of a General Meeting scheduled for March 25, 2025, in Subiaco, Western Australia. The meeting will be held physically, and shareholders are encouraged to attend or submit proxy forms in advance. Voting will be conducted via a poll, and the company has outlined the procedures for proxy voting and corporate representation.

VRX Silica Faces Appeal in Environmental Approval Process for Arrowsmith North
Feb 4, 2025

VRX Silica Ltd. has announced an update on its environmental approval process for the Arrowsmith North silica sand development proposal. The Environmental Protection Authority of Western Australia has recommended the proposal’s implementation, which is now under appeal by the Conservation Council of WA. This appeal could affect the project’s timeline, but VRX is continuing with parallel approvals and highlights the significant economic and employment benefits the project presents to the region.

VRX Silica Announces Trading Halt Pending Environmental Approval News
Feb 3, 2025

VRX Silica Limited has requested a trading halt on its securities as it prepares to make an announcement concerning the environmental approvals process for its Arrowsmith North Silica Sand Project. The halt is to remain until the announcement is made or until normal trading resumes on February 6, 2025, potentially impacting stakeholders by addressing regulatory hurdles that could influence the company’s operations and market positioning.

VRX Silica Advances with Arrowsmith North Project Approval
Jan 29, 2025

VRX Silica Ltd. has reported significant progress in obtaining environmental approvals for its Arrowsmith North Silica Sand Project, located north of Perth. The Environmental Protection Authority (EPA) of Western Australia finalized its assessment report, recommending the project’s approval to the Minister for Environment, marking a pivotal advancement in the approval process. This development, coupled with increased offtake interest and recent capital raising, enhances VRX’s positioning in the silica sand industry and provides clearer timelines for stakeholders regarding project implementation and future production capabilities.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.