Venturex Resources Limited (VXR)



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General Information
Company Name: Venturex Resources Limited
Stock Code: VXR
Website: www.venturexresources.com
GICS Sub-Industry: Diversified Metals & Mining
Market Cap ($M): 12
Equiv. Shares (M): 1,548

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.009 $ 0.009 $ 0.009 $ 0.009 $ 0.008 735,008 $ 0.001  12.500 %

Current Broker Consensus Recommendation more
Recommendation: Strong Sell (5)
Recommendation Date: 21st Jul 2014
Brokers Surveyed: 1

Company Overview

Business Description:
Venturex Resources Limited (VXR) is a gold and based metals exploration company focusing on acquisition and development of mineral resources in Australia and Brazil. VXR currently aims at development of its flagship project, Pilbara VMS Project, in Western Australia.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2015  F -15.4 -0.8 -- -- -- 0.0 --
2014  F -1.7 -0.1 -- -- -- 0.0 --
2013  A -17.7 -1.3 -285.7 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2013 A 2014 F 2015 F 2013 A 2014 F 2015 F 2013 A 2014 F 2015 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
Venturex Resources (VXR) $12 M -- -- -- -- -- -- 0.0000 0.0000 0.0000

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
VXR -- -- 0.20 -- --
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 Michael Geoffrey Mulroney Managing Director 27 February 2012
Mr Anthony (Tony) William Kiernan Non-Executive Chairman 14 July 2010
Mr John Nitschke Non-Executive Director 04 July 2013
Mr Raymond Joseph Parry Non-Executive Director 29 May 2012

Management
Name Position
Trevor Graham Hart Company Secretary

Substantial Shareholders
Holding Name
518,103,930 (33.47%) Regent Pacific Group Limited
199,689,768 (12.90%) Northern Star Resources Ltd
96,433,771 (6.72%) Henghou Industries (Hong Kong) Ltd

Calendar of Events
Date Event
29 April 2015 Report (Quarterly)
30 January 2015 Report (Quarterly)
23 October 2014 Report (Quarterly)
26 September 2014 Report (Annual)
28 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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