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Vanadiumcorp Resource Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship project is the Lac Doré Vanadium Project located in Quebec. The company is also involved in the production of electrolytes and the development of vanadium redox flow battery technology in Canada and Germany. The company was formerly known as PacificOre Mining Corp. and changed its name to Vanadiumcorp Resource Inc. in November 2013. Vanadiumcorp Resource Inc. was incorporated in 1980 and is based in Vancouver, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Vanadiumcorp Resource Inc is a publicly listed company focused on exploration and development of vanadium and related critical metals while developing downstream processing to produce higher-value vanadium products. Long-term drivers include demand for vanadium in steel alloys and grid-scale batteries and policy support for critical minerals, which may benefit project economics and make the company attractive to investors seeking exposure to a specialty metal.
Principal risks are unproven project economics and resources, need for additional financing, technical and permitting execution challenges, and volatile vanadium prices.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 |
| Income before tax | -0.92M | -2.18M | -0.67M | -1.49M | -2.26M |
| Net income | -0.92M | -2.18M | -0.67M | -1.49M | -2.26M |
| Selling general administrative | 0.83M | 2.09M | 1.10M | 1.65M | 2.01M |
| Selling and marketing expenses | - | 0.00M | 0.04M | 0.02M | 0.03M |
| Gross profit | -0.01M | -0.06M | -0.06M | -0.01M | -0.01M |
| Reconciled depreciation | 0.01M | 0.06M | 0.06M | 0.01M | 0.01M |
| Ebit | -0.89M | -2.26M | -0.62M | -1.91M | -2.26M |
| Ebitda | -0.88M | -2.20M | -0.56M | -1.91M | -2.25M |
| Depreciation and amortization | 0.01M | 0.06M | 0.06M | 0.01M | 0.01M |
| Operating income | -0.89M | -2.26M | -0.62M | -1.91M | -2.26M |
| Other operating expenses | 0.92M | 2.25M | 1.45M | 1.86M | 2.26M |
| Interest expense | 0.03M | 0.01M | 0.01M | 0.00M | 0.00M |
| Net interest income | -0.03M | -0.01M | -0.01M | - | - |
| Income tax expense | 0.06M | 0.01M | 0.83M | -0.05M | 0.00M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 0.91M | 2.19M | 1.39M | 1.86M | 2.25M |
| Cost of revenue | 0.01M | 0.06M | 0.06M | 0.01M | 0.01M |
| Total other income expense net | 0.03M | 0.08M | 0.79M | 0.37M | -0.00M |
| Net income from continuing ops | -0.92M | -2.18M | -0.67M | -1.49M | -2.26M |
| Net income applicable to common shares | -0.92M | -2.18M | -0.67M | -1.49M | -2.26M |
| Breakdown | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Total assets | 9.18M | 8.81M | 7.08M | 6.35M | 6.38M |
| Intangible assets | 0.34M | 0.34M | 0.36M | 0.35M | - |
| Other current assets | 0.13M | 0.45M | - | 0.02M | 0.02M |
| Total liab | 2.45M | 1.67M | 1.29M | 0.83M | 0.55M |
| Total stockholder equity | 6.73M | 7.14M | 5.78M | 5.53M | 5.84M |
| Other current liab | 0.19M | 0.47M | 0.71M | 0.34M | 0.20M |
| Common stock | 39.57M | 38.42M | 36.50M | 35.34M | 33.85M |
| Capital stock | 39.57M | 38.42M | 36.50M | 35.34M | 33.85M |
| Retained earnings | -46.51M | -45.46M | -43.71M | -42.79M | -40.61M |
| Cash | 0.02M | 0.51M | 0.61M | 0.03M | 0.44M |
| Total current liabilities | 1.99M | 0.97M | 1.29M | 0.74M | 0.54M |
| Current deferred revenue | - | - | 0.65M | - | - |
| Net debt | 0.65M | 0.26M | -0.41M | 0.14M | -0.37M |
| Short term debt | 0.21M | 0.15M | 0.20M | 0.09M | 0.06M |
| Short long term debt | 0.21M | 0.15M | 0.20M | 0.09M | - |
| Short long term debt total | 0.67M | 0.77M | 0.20M | 0.17M | 0.07M |
| Other stockholder equity | 13.68M | 14.17M | 12.99M | 12.97M | 12.59M |
| Property plant equipment | - | - | 6.02M | 5.86M | 5.72M |
| Total current assets | 0.17M | 1.14M | 0.70M | 0.14M | 0.65M |
| Net tangible assets | - | - | 5.43M | 5.17M | 5.82M |
| Short term investments | - | - | - | - | 0.02M |
| Net receivables | 0.03M | 0.18M | 0.07M | 0.05M | 0.15M |
| Long term debt | 0.46M | 0.62M | - | 0.08M | - |
| Inventory | - | -0.18M | - | - | - |
| Accounts payable | 1.59M | 0.35M | 0.38M | 0.32M | 0.28M |
| Accumulated other comprehensive income | - | 0.97M | - | - | - |
| Non currrent assets other | - | 0.56M | - | - | - |
| Non current assets total | 9.01M | 7.67M | 6.37M | 6.22M | 5.73M |
| Capital lease obligations | - | - | - | 0.00M | 0.07M |
| Breakdown | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 |
| Investments | -0.13M | -0.59M | -1.34M | -0.99M | -0.14M |
| Change to liabilities | 0.34M | 0.21M | 0.10M | 0.07M | 0.10M |
| Total cashflows from investing activities | -0.13M | -0.59M | -1.34M | -0.99M | -0.14M |
| Net borrowings | 0.03M | 0.12M | -0.05M | -0.05M | 0.21M |
| Total cash from financing activities | 1.33M | 1.41M | 2.20M | 2.53M | 0.58M |
| Change to operating activities | 0.02M | 0.01M | 0.08M | -0.10M | 0.00M |
| Net income | -0.92M | -2.18M | -0.67M | -1.49M | -2.26M |
| Change in cash | 0.58M | -0.41M | -0.36M | 0.75M | -0.34M |
| Begin period cash flow | 0.03M | 0.44M | 0.80M | 0.04M | 0.38M |
| End period cash flow | 0.61M | 0.03M | 0.44M | 0.80M | 0.04M |
| Total cash from operating activities | -0.61M | -1.23M | -1.21M | -0.78M | -0.78M |
| Issuance of capital stock | 1.27M | 1.30M | 1.35M | 1.77M | 0.00M |
| Depreciation | 0.01M | 0.06M | 0.06M | 0.01M | 0.01M |
| Other cashflows from investing activities | - | - | - | 0.58M | 0.58M |
| Change to account receivables | -0.02M | 0.10M | 0.05M | -0.06M | -0.00M |
| Other cashflows from financing activities | 0.33M | 0.17M | 0.85M | 0.76M | -0.14M |
| Change to netincome | -0.03M | 0.58M | -0.83M | 0.79M | 1.31M |
| Capital expenditures | 0.00M | 0.35M | 0.01M | 0.01M | 0.00M |
| Change in working capital | 0.33M | 0.31M | 0.23M | -0.09M | 0.10M |
| Stock based compensation | 0.00M | 0.58M | - | 0.79M | 1.36M |
| Other non cash items | -0.03M | 0.00M | -0.83M | - | 0.00M |
| Free cash flow | -0.61M | -1.58M | -1.22M | -0.79M | -0.79M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| VRBFF Vanadiumcorp Resource Inc |
- -% |
0.04 | - | - | - | 0.09 | -5.46 |
| BHPLF BHP Group Limited |
-0.89 2.24% |
38.92 | 19.59 | 15.20 | 3.72 | 3.95 | 7.44 |
| BHP BHP Group Limited |
1.31 1.67% |
79.89 | 19.28 | 15.06 | 3.66 | 3.92 | 7.42 |
| RTNTF Rio Tinto Group |
- -% |
102.31 | 15.69 | 13.70 | 3.05 | 4.44 | 12.05 |
| RTPPF Rio Tinto Group |
- -% |
83.55 | 13.01 | 11.99 | 2.53 | 2.38 | 6.57 |
Vanadiumcorp Resource Inc. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship project is the Lac Doré Vanadium Project located in Quebec. The company is also involved in the production of electrolytes and the development of vanadium redox flow battery technology in Canada and Germany. The company was formerly known as PacificOre Mining Corp. and changed its name to Vanadiumcorp Resource Inc. in November 2013. Vanadiumcorp Resource Inc. was incorporated in 1980 and is based in Vancouver, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Stephen W. Pearce B.A., BA(Hons), L.L.B., LLB | CFO, Corp. Sec. & Director | NA |
| Dr. Gilles Y. Champagne | CTO & Independent Director | NA |
| Mr. Ian Mallory LL.B. | Exec. Chairman | NA |
| Mr. Paul Joseph McGuigan P. Geo, P.Geo. | Interim CEO & Director | 1951 |
| Mr. Marc Kok | Consultant | NA |
| Mr. Gilles Dupuis P.Eng. | CEO, COO & Director | NA |
| Dr. Gilles Y. Champagne | CTO & Director | NA |
| Ms. Kristien Davenport | President & Director | NA |
| Mr. Tony Giuliano C.A., CPA | Chief Financial Officer | NA |
| Ms. Kathleen Martinhas | Corporate Finance & Corporate Secretary and Director | NA |
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