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 +8.3%

Updated 9 Sep 2026 · Signals refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Stochastic just turned bullish from a low level — early reversal sign
  • Took a hit — down 13.3% over the last 5 days
  • Beating the Small Ords index — relative strength of 1.11, so it's outpacing the pack
  • Critical cash runway (1.0 quarters)
  • 4C filed 2026-07-28
  • Very high P/S ratio (189.9x)
  • Revenue in sharp decline (-22%)
  • Near 52-week low (8% of range)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • Altman Z-Score distress zone (0.06 < 1.81, low-confidence approx)
  • Penny stock risk ($0.012)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • 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 33% 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 (-1.59%/day)

Expected next for VRL

29 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 22 Oct to 5 Nov
The last 4 moved VRL -1.8% on the day, on average — an observation, not a guide to what happens next.
1 Nov 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 25 Oct to 8 Nov
The last 4 moved VRL -1.8% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

NONE Key Copper-Silver Prospecting Licences Renewed in Botswana
NONE Diggers and Dealers Presentation - August 2026
NONE Gold Confirmed Along 9km BIF Corridor at Monument

Recent ASX Announcements

2026-08-25 Key Copper-Silver Prospecting Licences Renewed in Botswana PRICE SENSITIVE
2026-08-02 Diggers and Dealers Presentation - August 2026 PRICE SENSITIVE
2026-07-29 Gold Confirmed Along 9km BIF Corridor at Monument PRICE SENSITIVE
2026-07-28 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$5.9M
Market Cap
452K
Avg Volume
1.0x
Vol Ratio
$0.01 — $0.04
52-Week Range
N/A
Short Interest
1 qtrs
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: -8
IInstitutional SponsorshipweakInst: 3%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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