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
$0.0130 +0.0%

Updated 23 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Volume surging at 5.4x normal while price falls — heavy selling pressure
  • Drifting lower — down 7.1% over the last 5 days
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Critical cash runway (1.0 quarters)
  • Very high P/S ratio (205.7x)
  • Revenue in sharp decline (-22%)
  • Near 52-week low (4% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (0.19 < 1.81, low-confidence approx)
  • Penny stock risk ($0.013)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 9d (+5pts)

Risk Signals

  • MACD crossed bearish — momentum is fading
  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 39% over the past year
  • Revenue declining at -22% — the top line is shrinking
  • The bigger volume days are the down days — volume-weighted momentum is negative (-2.72%/day)
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Recent Catalysts

NONE New Gold Intrusive Target at Monument Project, Laverton
NONE Botswana Critical Metals Exploration Re-Commences
NONE 97% Gold Recovery at Waihi Deposit

Recent ASX Announcements

2026-07-06 New Gold Intrusive Target at Monument Project, Laverton PRICE SENSITIVE
2026-06-28 Botswana Critical Metals Exploration Re-Commences PRICE SENSITIVE
2026-06-03 97% Gold Recovery at Waihi Deposit PRICE SENSITIVE
2026-05-24 Botswana Copper-Silver Exploration Update PRICE SENSITIVE

Key Metrics

$6.4M
Market Cap
456K
Avg Volume
5.4x
Vol Ratio
$0.01 — $0.04
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 LaggardlaggardRS: -26
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Basic Materials

505 tickers in this sector

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