Mining

VRX Silica Limited (ASX:VRX)

Industry Group : Materials | Industry Group Name : Metals & Mining

Market Price : AUD 0.2-0.005 (2.439%)

(as on 2021-10-23 05:21:31)

Market Cap : AUD 110.581 M

Previous Close Open Close* Day Range 52 WEEK HIGH LOW
0.205 0.21 0.2 0.2L 0.21 H 0.14L 0.425 H
Last Trade 0.2
Change% -2.4390
52 W H/L 0.425/0.14
EBITDA -1.752 M
NPAT After Abnormal Items -1.09 M
Equity 20.054 M
ROE% -11.67%
Total Liabilities 829,090
Total Revenue 1.348 M
Cash and Cash Equivalents 10.442 M

Stock Information

Share price 0.2
Market Cap 110.581 M
Price/Gross Cash Flow -74.14
Dividend Yield Excluding Special 0.00%
Ending Shares 530.651 M
52-Week Range 0.14-0.425
P/E ratio 0.000
Sector P/E --
EPS -0.23
EV/EBITDA --
Net Profit Margin (%) --
Gross Cash Flows Per Share -0.00
Net Gearing -50.80%
Gross DPS (AUD) 0
Gross Dividend Yield (Annualized) 0.00%
Earnings Yield 0.000
Net Tangible Asset (NTA) 0.04
Sales Per Share 0.00
Book Value Per Share 0.04

Announcements

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About Company

VRX Silica Limited (ASX:VRX) is a silica sand exploration player, which has been listed on the Australian Securities Exchange since 24 February 2011. It is the only ASX-listed, pure-play silica sand firm, which possesses advanced development assets with more than 100 years of production life.

The Company owns several significant silica sand projects in Western Australia, including Arrowsmith North, Arrowsmith Central, Muchea and Boyatup silica sand projects. These high-value silica sand projects are situated in the Tier 1 mining region of Australia.

Located 270km towards north of Perth, the Arrowsmith projects comprise five granted exploration licences, coupled with two granted mining leases. Besides, the Muchea project is placed 50km to the north of Perth and comprises two granted as well as one application for exploration licences, along with one granted mining lease. The Boyatup project, located 100km towards the east of Esperance, includes two adjacent granted exploration licences.

VRX Silica is tapping lucrative opportunities in the silica sand market via its high-grade projects in Western Australia. The growing use of silica sand in different industries has resulted in a huge growth in its demand across the world, with supplies being running out.

Particularly, the demand for high-grade silica sand is increasing in the Asian region in the glass manufacturing industry and as a component in foundry casting. The developing countries in the Asia-Pacific region are anticipated to experience significant infrastructural spending in the coming years, driving glass demand. Furthermore, a considerable surge in demand for casting products for auto components, construction equipment and automobiles, is anticipated to stimulate silica sand demand. The burgeoning demand combined with global supply constraints of high-grade silica sand presents a promising outlook for VRX Silica.

In line with rising demand, the price of high-value silica sand is also expected to increase across Asia-Pacific countries in the future. VRX Silica is keen to cash in on the improving demand and potential price increases for silica sand.

Corporate Information

company address Level 1, 6 Thelma Street, PO Box 1925, WEST PERTH WA 6872, WEST PERTH, WA, AUSTRALIA, 6005

company phone(08) 9226 3780

company email[email protected]

company websitehttp://www.vrxsilica.com.au

Dividends

Ex-Dividend Date Franking DPS (AUD) Dividend Yield
30/06/2021 -- 0.000 0.00%
30/06/2020 -- 0.000 0.00%
30/06/2019 -- 0.000 0.00%
30/06/2018 -- 0.000 0.00%
30/06/2017 -- 0.000 0.00%
30/06/2016 -- 0.000 0.00%
30/06/2015 -- 0.000 0.00%
30/06/2014 -- 0.000 0.00%
30/06/2013 -- 0.000 0.00%
30/06/2012 -- 0.000 0.00%

Event Calendar

Event Type Event Date Event Year
Report (Annual) 2022-09-28 2022
Report (Quarterly) 2022-07-29 2022
Report (Quarterly) 2022-04-28 2022
Report (Quarterly) 2022-01-28 2022
Report (Quarterly) 2021-10-29 2021

Financials

Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Trading Revenue -- -- -- -- --
Other Revenue 1.348 M 69,675 90,675 71,050 71,149
Total Revenue 1.348 M 69,675 90,675 71,050 71,149
Interest Income 8,835 3,990 5,553 4,334 9,206
Interest Expenses -8,254 -5,449 0 0 0
Expenses -3.624 M -2.383 M -6.112 M -1.856 M -1.079 M
EBITDA -2.277 M -2.314 M -6.022 M -1.785 M -1.008 M
Depreciation and Amortization -63,564 -51,227 -1,985 -1,284 -11,753
Depreciation -63,564 -51,227 -1,985 -1,284 -11,753
Amortisation 0 0 0 0 0
EBIT -2.34 M -2.365 M -6.024 M -1.786 M -1.02 M
Pre Tax Profit -2.34 M -2.366 M -6.018 M -1.781 M -1.011 M
Tax Expense 0 0 0 0 0
Net Profit After Tax -2.34 M -2.366 M -6.018 M -1.781 M -1.011 M
Minority Interest 0 0 0 0 0
Preference Dividend 0 0 0 0 0
Net Abnormal Items 1.25 M 0 0 0 0
Reported Net Profit After Abnormal Items -1.09 M -2.366 M -6.018 M -1.781 M -1.011 M
Ending Shares 530.651 M 445.101 M 404.319 M 251.32 M 229.053 M
Weighted Average Shares 480.73 M 430.25 M 355.81 M 237.731 M 201.535 M
EPS After Abnormal Items (cents) -0.23 -0.55 -1.69 -0.75 -0.5
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Total Current Assets 10.697 M 2.705 M 1.768 M 430,483 1.354 M
Total Non Current Assets 10.186 M 7.855 M 7.029 M 2.684 M 2.422 M
Total Assets 20.883 M 10.56 M 8.797 M 3.115 M 3.776 M
Total Current Liabilities 640,900 311,892 362,580 274,753 334,108
Total Non Current Liabilities 188,190 87,675 0 0 0
Total Liabilities 829,090 399,567 362,580 274,753 334,108
Net Assets 20.054 M 10.16 M 8.435 M 2.84 M 3.442 M
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Net Operating Cash -1.508 M -1.547 M -1.651 M -1.017 M -682,862
Net Invested Cash -1.532 M -1.273 M -1.607 M -910,563 604,532
Net Financing Cash Flows 10.879 M 3.878 M 4.527 M 976,899 1.222 M
Beginning Cash 2.603 M 1.545 M 276,936 1.228 M 84,070
End Cash Position 10.442 M 2.603 M 1.545 M 276,936 1.228 M
Exchange Rate Adjustments 0 0 0 0 0
Other Cash Adjustments 0 0 0 0 0
Ending Cash 10.442 M 2.603 M 1.545 M 276,936 1.228 M

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