Subscribe Now - Click Here: 1 Year for only $149 or 3 months for $99
Profile
Notes
Forum
Your Data
Symbol Data
Symbol
Currency
CVE:VLC
CAD
OTCMKTS:VLCJF
USD
Description
Velocity Minerals Ltd are a gold focused junior, late stage development company with one mine in development in Bulgaria and two exploration properties. They have approximately 0.75Moz. of gold in the reserves and resources category of which 0.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$60.97M which is a rise of roughly 13% over the last six months. As of 09/04/2020 they have ~C$3M debt and ~C$5.52M cash. They have 116M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
Quick Links
Login to access
General Details
Financial
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Mkt. Cap (FD):
$53.95M
$60.97M
09/04/2020
$7.01M
Total Assets:
$15.26M
$15.78M
09/04/2020
$0.52M
Total Liabilities:
$3.82M
$3.94M
09/04/2020
$0.13M
Current Assets:
$5.34M
$5.52M
09/04/2020
$0.18M
Current Liabilities:
$0.76M
$0.79M
09/04/2020
$0.03M
Total Debt:
$3.05M
$3.16M
09/04/2020
$0.10M
Cash:
$5.34M
$5.52M
09/04/2020
$0.18M
Enterprise Value:
$51.66M
$58.60M
11/10/1971
$6.94M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
Yes
Yes
09/04/2020
n/a
Tax Rate:
(guess) 30.00%
(default) 30.00%
09/04/2020
0.00%
Misc
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
115,694,000
115,694,000
09/04/2020
0
Shares (FD):
164,407,000
164,407,000
09/04/2020
0
Insider Ownership:
n/a
40%
09/04/2020
40%
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
10/01/2022
09/04/2020
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
09/04/2020
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
09/04/2020
0
Initial CapEx (Outstanding):
$97.00M179.79% of Mkt.Cap
$97.00M159.11% of Mkt.Cap
09/04/2020
$0.00M
Funding Option:
n/a
n/a
09/04/2020
n/a
Documentation:
none
PFS
09/04/2020
n/a
Value Adjustment:
-25%
-25%
never
0%
Resource Data
GOLD
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
0.45M
0.45M
09/04/2020
0.00M
Measured & Indicated:
0.50M
0.50M
09/04/2020
0.00M
Inferred:
0.25M
0.25M
09/04/2020
0.00M
Reserves & Resources:
0.75M
0.75M
never
0.00M
P L A U S I B L E
Proven & Probable:
0.36M
0.36M
09/04/2020
0.00M
Measured & Indicated:
0.39M
0.39M
09/04/2020
0.00M
Inferred:
0.10M
0.10M
09/04/2020
0.00M
Reserves & Resources:
0.49M
0.49M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
09/04/2020
$0.00
Extra Operating Cost:
n/a
n/a
09/04/2020
$0.00
Average Grade:
0.60 g/t
0.60 g/t
09/04/2020
n/a
Recovery Rate:
(CG) 80.00%
(CG) 80.00%
09/04/2020
0.00%
F U T U R E
Proven & Probable:
0.75M
0.75M
09/04/2020
0.00M
Annual Production:
60,000oz.
60,000oz.
09/04/2020
0oz.
Cash Cost:
$700
$700
09/04/2020
$0
Extra Operating Cost:
$400
$400
09/04/2020
$0
SILVER
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
09/04/2020
0.00M
Measured & Indicated:
n/a
n/a
09/04/2020
0.00M
Inferred:
n/a
n/a
09/04/2020
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
09/04/2020
0.00M
Measured & Indicated:
n/a
n/a
09/04/2020
0.00M
Inferred:
n/a
n/a
09/04/2020
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
09/04/2020
$0.00
Extra Operating Cost:
n/a
n/a
09/04/2020
$0.00
Average Grade:
n/a
n/a
09/04/2020
n/a
Recovery Rate:
n/a
n/a
09/04/2020
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
09/04/2020
0.00M
Annual Production:
n/a
n/a
09/04/2020
n/a
Cash Cost:
n/a
n/a
09/04/2020
n/a
Extra Operating Cost:
n/a
n/a
09/04/2020
n/a
Property
Last Analysis Data (09/04/2020)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Eastern Europe , Bulgaria
Rozino
70% (guess)
16,000
Open Pit
show
500,000 oz at .6 gpt
PEA in 2017
$97 million capex
About 50,000 oz of annual production
Exploration
Bulgaria , Bulgaria
Makedontis
70% (guess)
n/a
Open Pit
show
300,000 oz open pit.
Exploration
Eastern Europe , Bulgaria
Obichnik
70% (guess)
n/a
n/a
show
100,000 oz open pit.
Total Land Package Size (ha):
16,000
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Eastern Europe , Bulgaria
Rozino
70% (guess)
16,000
Open Pit
show
500,000 oz at .6 gpt
PEA in 2017
$97 million capex
About 50,000 oz of annual production
Exploration
Bulgaria , Bulgaria
Makedontis
70% (guess)
n/a
Open Pit
show
300,000 oz open pit.
Exploration
Eastern Europe , Bulgaria
Obichnik
70% (guess)
n/a
n/a
show
100,000 oz open pit.
Total Land Package Size (ha):
16,000
Profitability (by resource)
Proven & Probable
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
0.45M
0.45M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-1.94M
P L A U S I B L E
Gold Eq. Oz.:
0.36M
0.36M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-1.55M
Maximum Profit (Gold):
$157.78M
$113.36M
n/a
$-44.42M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$157.78M
$113.36M
n/a
$-44.42M
Max Profit / Current MCap:
2.924
1.859
n/a
-1.065
Max Profit Per Share (Gold):
$0.96
$0.69
n/a
$-0.27
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.96
$0.69
n/a
$-0.27
Total Free Profit Per Share:
$0.53
$0.22
n/a
$-0.31
FD Mkt. Cap / Gold Eq.:
$149.87
$169.35
n/a
$19.48
FD Mkt. Cap / Silver Eq.:
$2.09
$2.51
n/a
$0.42
FD Mkt. Cap / Per Metal as % Spot Price:
7.75%
9.96%
n/a
2.22%
Measured & Indicated
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
0.50M
0.50M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-2.16M
P L A U S I B L E
Gold Eq. Oz.:
0.39M
0.39M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-1.69M
Maximum Profit (Gold):
$171.80M
$123.44M
n/a
$-48.36M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$171.80M
$123.44M
n/a
$-48.36M
Max Profit / Current MCap:
3.184
2.025
n/a
-1.160
Max Profit Per Share (Gold):
$1.04
$0.75
n/a
$-0.29
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.04
$0.75
n/a
$-0.29
Total Free Profit Per Share:
$0.61
$0.28
n/a
$-0.33
FD Mkt. Cap / Gold Eq.:
$137.63
$155.52
n/a
$17.89
FD Mkt. Cap / Silver Eq.:
$1.92
$2.30
n/a
$0.39
FD Mkt. Cap / Per Metal as % Spot Price:
7.11%
9.15%
n/a
2.04%
Reserves & Resources
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
0.75M
0.75M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-3.23M
P L A U S I B L E
Gold Eq. Oz.:
0.49M
0.49M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-2.12M
Maximum Profit (Gold):
$215.63M
$154.93M
n/a
$-60.70M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$215.63M
$154.93M
n/a
$-60.70M
Max Profit / Current MCap:
3.997
2.541
n/a
-1.455
Max Profit Per Share (Gold):
$1.31
$0.94
n/a
$-0.37
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.31
$0.94
n/a
$-0.37
Total Free Profit Per Share:
$0.88
$0.47
n/a
$-0.41
FD Mkt. Cap / Gold Eq.:
$109.66
$123.91
n/a
$14.25
FD Mkt. Cap / Silver Eq.:
$1.53
$1.84
n/a
$0.31
FD Mkt. Cap / Per Metal as % Spot Price:
5.67%
7.29%
n/a
1.62%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
09/04/2020 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7632
CAD 0.7890
03/06/2021
Spot Gold:
$1,934.80
$1,699.80
03/06/2021
$-235.00
Spot Silver:
$26.95
$25.19
03/06/2021
$-1.76
Gold:Silver Ratio:
71.79
67.48
03/06/2021
-4.31
Spot Gold (Future):
$2,500.00
$2,500.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
25.00
25.00
0.00
Gold Cash Cost:
$750.00
$750.00
$0.00
Gold Extra Operating Cost:
$350.00
$350.00
$0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Cash Cost:
$10.00
$10.00
$0.00
Silver Extra Operating Cost:
$6.00
$6.00
$0.00
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
Tax Rate:
30.00%
30.00%
0.00%
Tax Rate (Future):
40.00%
40.00%
0.00%
Future Valuation Multiplier:
15.00%
15.00%
0.00%
Follow us on: