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Velocity Minerals Ltd
XTSX:VLC

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Velocity Minerals Ltd
XTSX:VLC
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Price: 0.2 CAD -9.09%
Market Cap: CA$40.9m

P/B

1.8
Current
36%
More Expensive
vs 3-y average of 1.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
CA$43.4m
/
Total Equity
CA$21.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
CA$43.4m
/
Total Equity
CA$21.3m

Valuation Scenarios

Velocity Minerals Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.4), the stock would be worth CA$0.15 (27% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-27%
Maximum Upside
+128%
Average Upside
32%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.8 CA$0.2
0%
3-Year Average 1.4 CA$0.15
-27%
5-Year Average 1.5 CA$0.16
-18%
Industry Average 4.2 CA$0.46
+128%
Country Average 2.7 CA$0.29
+44%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CA
Velocity Minerals Ltd
XTSX:VLC
39.4m CAD 1.8 -19.4
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
677.1B ZAR 4.9 11.6
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
172.5B ZAR 3.3 10.6
CN
Zijin Mining Group Co Ltd
SSE:601899
912.3B CNY 4.9 14.7
US
Newmont Corporation
NYSE:NEM
131.4B USD 3.7 17.9
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.7B CAD 4 22.2
CA
Barrick Mining Corp
F:ABR0
58.6B EUR 2.6 13.6
CA
Barrick Gold Corp
TSX:ABX
94.1B CAD 2.6 13.6
CA
Wheaton Precious Metals Corp
TSX:WPM
86.5B CAD 7 41.5
HK
Zijin Gold International Co Ltd
HKEX:2259
422.6B HKD 6.5 33.8

Market Distribution

In line with most companies in Canada
Percentile
36th
Based on 3 061 companies
36th percentile
1.8
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Velocity Minerals Ltd
Glance View

Market Cap
40.9m CAD
Industry
Metals & Mining

Velocity Minerals Ltd. is a development company, which engages in the exploration of gold. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2002-03-14. The firm is engaged in the business of acquiring, exploring, and evaluating mineral resource properties in Bulgaria. The firm has a 70% interest in the Tintyava property, which includes the Rozino gold project; a 70% interest in the Momchil property, which includes the Obichnik gold project, and a 100% interest in the Iglika property. The firm also has an option agreement to earn a 70% interest in the Makedontsi gold project. The Rozino project lies within the municipality of Ivaylovgrad in southeast Bulgaria, approximately 350 kilometers (km) by road east-southeast of the capital, Sofia, and 85 km by road from Gorubso's gold processing plant. The Obichnik project is located in southeast Bulgaria, approximately 25 km by road from Gorubso's gold processing plant. The Makedontsi deposit is located in southeast Bulgaria, approximately 10km by road from Gorubso Kardzhali A.D.’s gold processing plant.

VLC Intrinsic Value
Not Available
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