Venture Minerals Limited (VMS)



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General Information
Company Name: Venture Minerals Limited
Stock Code: VMS
Website: www.ventureminerals.com.au
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 32
Equiv. Shares (M): 287

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.110 $ 0.110 $ 0.110 $ 0.110 $ 0.115 219,797 $ -0.005  -4.348 %

Company Overview

Business Description:
Venture Minerals Limited (VMS) is an Australian based mineral exploration company with operations in Western Australia, South Australia and Tasmania. The Company focus is currently on the Riley Direct Shipping Ore Project in northwest Tasmania.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2013  A -3.2 -1.2 -- 0.0 0.0 0.0 --
2012  A -4.0 -1.8 -- 0.0 0.0 0.0 --
2011  A -4.1 -2.0 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F 2011 A 2012 F 2013 F
BHP Billiton (BHP) $122,751 M -0.2435 0.1812 -0.0857 16.0426 13.5811 14.8543 0.0327 0.0337 0.0352
Iluka Resources (ILU) $3,726 M -0.6600 -0.6381 3.8306 29.0186 80.1802 16.5983 0.0101 0.0192 0.0242
Rio Tinto (RIO) $27,758 M 0.5848 -0.3510 0.1017 8.2958 12.7830 11.6031 0.0337 0.0353 0.0375
Sims Metal Management (SGM) $2,075 M -0.7514 4.5317 0.6760 121.1470 21.9006 13.0670 0.0000 0.0000 0.0224
Venture Minerals (VMS) $33 M -- -- -- -- -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
VMS -- -- 0.55 -- --
Market 1.17 14.0 0.99 0.93 3.35
Sector 0.84 12.2 0.67 1.48 5.42

Directors
Name Position Start Date
Mr Norman Mel Ashton Chairman 12 May 2006
Mr Hamish Peter Halliday Managing Director 30 January 2008
Mr Bruce McFadzean Non-Executive Director 18 July 2008
Mr John Jetter Non-Executive Director 04 June 2010
Mr Andrew Radonjic Technical Director 12 May 2006

Management
Name Position
Kazimerz Jon Grygorcewicz Chief Financial Officer,Company Secretary
G Brock Chief Operating Officer
Brett Dunnachie Company Secretary

Substantial Shareholders
Holding Name
19,877,742 (6.92%) Elphinstone Group
27,704,479 (9.64%) Republic Investment Management Pte Ltd
23,370,684 (8.13%) Molton Holdings Ltd

Calendar of Events
Date Event
29 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
29 October 2014 Report (Quarterly)
17 October 2014 Report (Annual)
29 September 2014 Report (Annual)
29 July 2014 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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