VLC Intrinsic Valuation and Fundamental Analysis - Velocity Minerals Ltd

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Price: 0.22 CAD -2.22% Market Closed

Market Cap: CA$45m

	Velocity Minerals Ltd XTSX:VLC	CA
	Airtel Africa PLC F:9AA0	UK

Intrinsic Value

There is not enough data to reliably calculate the intrinsic value for Velocity Minerals Ltd.

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Fundamental Analysis

What Velocity Minerals Does

Metals & Mining Materials

Velocity Minerals Ltd is a mineral exploration company that looks for gold and other precious metal deposits, mainly in Bulgaria. It does not run a broad industrial business; its core job is to acquire, explore, and advance mining properties until they become attractive enough for a partner, a sale, or future mine development.

Headquarters: Canada CA
Employees: 20
IPO date: Mar 14, 2002

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How Velocity Minerals makes money

Gold exploration

Velocity Minerals acquires, explores, and advances gold and gold-copper mineral projects, mainly in Bulgaria. The work includes finding new targets, drilling, and preparing projects for possible development or sale.

Customers: It does not sell a finished product to consumers. The main counterparties are investors who fund the company and mining companies or partners that may earn into, buy, or develop its projects.
Revenue Model: The company usually does not earn operating sales. It funds its work through share issuances and, when it partners projects, through option, joint venture, or property sale payments.

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