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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 three 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$22.41M which is a fall of roughly 1% over the last five months. As of 09/18/2022 they have ~C$3M debt and ~C$5.22M cash. They have 161M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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General Details
Financial
09/18/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Mkt. Cap (FD):
$22.64M
$22.41M
09/18/2022
$-0.23M
Total Assets:
$15.07M
$14.91M
09/18/2022
$-0.15M
Total Liabilities:
$3.77M
$3.73M
09/18/2022
$-0.04M
Current Assets:
$5.27M
$5.22M
09/18/2022
$-0.05M
Current Liabilities:
$0.75M
$0.75M
09/18/2022
$-0.01M
Total Debt:
$3.01M
$2.98M
09/18/2022
$-0.03M
Cash:
$5.27M
$5.22M
09/18/2022
$-0.05M
Enterprise Value:
$20.38M
$20.18M
08/22/1970
$-0.21M
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
09/18/2022
n/a
Tax Rate:
(guess) 15.00%
(guess) 15.00%
09/18/2022
0.00%
Misc
09/18/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
161,000,000
161,000,000
09/18/2022
0
Shares (FD):
167,000,000
167,000,000
09/18/2022
0
Insider Ownership:
n/a
60%
09/18/2022
60%
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
10/01/2025
09/18/2022
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
09/18/2022
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
09/18/2022
0
Initial CapEx (Outstanding):
$90.00M397.45% of Mkt.Cap
$90.00M401.56% of Mkt.Cap
09/18/2022
$0.00M
Funding Option:
n/a
n/a
09/18/2022
n/a
Documentation:
none
PFS
09/18/2022
n/a
Value Adjustment:
-25%
-25%
never
0%
Resource Data
GOLD
09/18/2022 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
09/18/2022
0.00M
Measured & Indicated:
0.50M
0.50M
09/18/2022
0.00M
Inferred:
0.25M
0.25M
09/18/2022
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
09/18/2022
0.00M
Measured & Indicated:
0.39M
0.39M
09/18/2022
0.00M
Inferred:
0.10M
0.10M
09/18/2022
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
09/18/2022
$0.00
Extra Operating Cost:
n/a
n/a
09/18/2022
$0.00
Average Grade:
0.60 g/t
0.60 g/t
09/18/2022
n/a
Recovery Rate:
(CG) 80.00%
(CG) 80.00%
09/18/2022
0.00%
F U T U R E
Proven & Probable:
0.80M
0.80M
09/18/2022
0.00M
Annual Production:
60,000oz.
60,000oz.
09/18/2022
0oz.
Cash Cost:
$800
$800
09/18/2022
$0
Extra Operating Cost:
$450
$450
09/18/2022
$0
SILVER
09/18/2022 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
09/18/2022
0.00M
Measured & Indicated:
n/a
n/a
09/18/2022
0.00M
Inferred:
n/a
n/a
09/18/2022
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
09/18/2022
0.00M
Measured & Indicated:
n/a
n/a
09/18/2022
0.00M
Inferred:
n/a
n/a
09/18/2022
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
09/18/2022
$0.00
Extra Operating Cost:
n/a
n/a
09/18/2022
$0.00
Average Grade:
n/a
n/a
09/18/2022
n/a
Recovery Rate:
n/a
n/a
09/18/2022
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
09/18/2022
0.00M
Annual Production:
n/a
n/a
09/18/2022
n/a
Cash Cost:
n/a
n/a
09/18/2022
n/a
Extra Operating Cost:
n/a
n/a
09/18/2022
n/a
Property
Last Analysis Data (09/18/2022)
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
Eastern Europe , Bulgaria
Iglika
100% (guess)
n/a
n/a
show
Early exploration
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
Eastern Europe , Bulgaria
Iglika
100% (guess)
n/a
n/a
show
Early exploration
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
09/18/2022 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
-0.47M
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
-0.38M
Maximum Profit (Gold):
$134.95M
$144.47M
n/a
$9.52M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$134.95M
$144.47M
n/a
$9.52M
Max Profit / Current MCap:
5.959
6.446
n/a
0.487
Max Profit Per Share (Gold):
$0.81
$0.87
n/a
$0.06
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.81
$0.87
n/a
$0.06
Total Free Profit Per Share:
$0.63
$0.69
n/a
$0.06
FD Mkt. Cap / Gold Eq.:
$62.90
$62.26
n/a
$-0.64
FD Mkt. Cap / Silver Eq.:
$0.74
$0.74
n/a
$0.00
FD Mkt. Cap / Per Metal as % Spot Price:
3.42%
3.31%
n/a
-0.11%
Measured & Indicated
09/18/2022 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
-0.52M
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
-0.41M
Maximum Profit (Gold):
$146.94M
$157.31M
n/a
$10.37M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$146.94M
$157.31M
n/a
$10.37M
Max Profit / Current MCap:
6.489
7.019
n/a
0.530
Max Profit Per Share (Gold):
$0.88
$0.94
n/a
$0.06
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.88
$0.94
n/a
$0.06
Total Free Profit Per Share:
$0.70
$0.76
n/a
$0.06
FD Mkt. Cap / Gold Eq.:
$57.77
$57.17
n/a
$-0.59
FD Mkt. Cap / Silver Eq.:
$0.68
$0.68
n/a
$0.00
FD Mkt. Cap / Per Metal as % Spot Price:
3.14%
3.04%
n/a
-0.10%
Reserves & Resources
09/18/2022 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
-0.78M
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
-0.51M
Maximum Profit (Gold):
$184.43M
$197.44M
n/a
$13.02M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$184.43M
$197.44M
n/a
$13.02M
Max Profit / Current MCap:
8.145
8.809
n/a
0.665
Max Profit Per Share (Gold):
$1.10
$1.18
n/a
$0.08
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.10
$1.18
n/a
$0.08
Total Free Profit Per Share:
$0.92
$1.00
n/a
$0.08
FD Mkt. Cap / Gold Eq.:
$46.02
$45.55
n/a
$-0.47
FD Mkt. Cap / Silver Eq.:
$0.54
$0.54
n/a
$0.00
FD Mkt. Cap / Per Metal as % Spot Price:
2.50%
2.42%
n/a
-0.08%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
09/18/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7533
CAD 0.7456
02/09/2023
Spot Gold:
$1,838.00
$1,879.50
02/09/2023
$41.50
Spot Silver:
$21.56
$22.32
02/09/2023
$0.76
Gold:Silver Ratio:
85.25
84.21
02/09/2023
-1.04
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%
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