41LOW

VRL

VERITY RES FPO [VRL]
Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, gold, silver, platinum group, and rare earth elements. Its flagship project, the Monument gold project, comprises approximately 195 square kilometers of prospective tenure located in the Laverton Gold District in Western Australia. The company was formerly known as SI6 Metals Limited and changed its name to Verity Resources Limited in November 2024. Verity Resources Limited was incorporated in 2007 and is based in Kew East, Australia.
Basic Materials · ASX Small Cap
$0.0230 +4.6%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical64
Catalyst53
Sentiment50
Fundamental11
Momentum50
Risk Gate37
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Active Signals

Bullish Signals

  • Trading above the 200-day average — the long-term trend is on your side
  • Critical cash runway (1.0 quarters)
  • Very high P/S ratio (364.0x)
  • Revenue in sharp decline (-22%)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • The bigger volume days are the up days — volume-weighted momentum is positive (3.23%/day)
  • Altman Z-Score distress zone (0.89 < 1.81, low-confidence approx)
  • Low-priced stock risk ($0.023)
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -22% — the top line is shrinking
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

LOW Investor Presentation
NONE Regional Drilling Confirms Gold Across 7km of Monument Trend
NONE Step Out Drilling Doubles Mineralised Strike Over MRE Areas
NONE Application for quotation of securities - VRL

Recent ASX Announcements

2026-03-25 Investor Presentation
2026-03-22 Regional Drilling Confirms Gold Across 7km of Monument Trend PRICE SENSITIVE
2026-03-17 Step Out Drilling Doubles Mineralised Strike Over MRE Areas PRICE SENSITIVE
2026-03-17 Application for quotation of securities - VRL
2026-03-13 Half Yearly Report and Accounts

Key Metrics

$11.3M
Market Cap
1.6M
Avg Volume
0.9x
Vol Ratio
$0.01 — $0.03
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-346.8%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 56%
LLeader vs LaggardpassRS: 3
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #441 of 558 · Sector avg: 46

View all Basic Materials signals →
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