Metrics to compare | VRL | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipVRLPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.0x | −1.6x | 4.1x | |
PEG Ratio | 0.02 | −0.02 | 0.00 | |
Price/Book | 4.3x | 1.8x | 1.6x | |
Price / LTM Sales | - | 16.4x | 1.3x | |
Upside (Analyst Target) | - | 60.9% | 42.4% | |
Fair Value Upside | Unlock | −0.9% | 3.0% | Unlock |
Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia, Botswana, and Brazil. The company explores for gold, copper, silver, nickel, PGE, rare earths, gallium, and lithium deposits. Its flagship property is the 100% owned Monument Gold project that covers approximately an area of 405 square kilometers located in the Laverton Goldfields, 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.