Variscan Mines Share Price and Company Fundamentals



Price
$0.021
Change
-0.001 (-4.545%)
52 week
0.02 - 0.066

Last traded: Yesterday at 11:08 PM

Variscan Mines Limited engages in the acquisition, exploration, and development of mineral properties. The company explores for zinc, copper, gold, lead, uranium, and precious metal deposits. It owns interests in the Novales/Udias and Guajaraz projects located in Spain; the Rosario project located to the east of the port city of Chanaral, Chile; and the Junction Dam, Hillston, and Callabonna tenements located in Australia. The company was formerly known as PlatSearch NL and changed its name to Variscan Mines Limited in January 2014. Variscan Mines Limited was incorporated in 1987 and is based in Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

0.65

Dividend yield

0.00%

Beta

2.15

Market cap

-

Enterprise value

-

Company profile

Primary activitiesExploration for base metals.
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.variscan.com.au
Mailing address7 The Esplanade Suite 8 Mount Pleasant Perth WA 6153 Australia
Phone / Fax61 8 9316 9100 / 61 8 9315 5475
Share registryBOARDROOM PTY LIMITED

Dividends

More: Variscan Mines Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Variscan Mines paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VAR dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

VAR's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Variscan Mines.

NameTitleAgeTotal Pay
Mr. Stewart James Dickson B.A., BA (Hons), M.B.A., MBACEO, MD & Director43221.15k
Mr. Mark Edward Pitts B Bus, F.C.A., FCA, GAICDCompany Sec.5954k

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-124,780.63%

Return on assets

-4.86%

Return on equity

-9.17%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Variscan Mines is and its enterprise value is .

The VAR's stocks Beta value is 2.15 making it 115% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Variscan Mines (VAR)

Variscan Mines (ASX:VAR) Frequently Asked Questions

1. What is Variscan Mines's Stock Symbol?

Variscan Mines trades on ASX under the ticker symbol "VAR".

2. What is Variscan Mines's stock price today?

One share of VAR stock can currently be purchased for approximately $0.021.

3. How can I contact Variscan Mines?

Variscan Mines's mailing address is 7 The Esplanade Suite 8 Mount Pleasant Perth WA 6153 Australia. The company can be reached via phone at 61 8 9316 9100.

4. What is Variscan Mines's official website?

The official website of Variscan Mines is https://www.variscan.com.au.

5. Which share registry manages Variscan Mines's stock?

Variscan Mines's stock is managed by BOARDROOM PTY LIMITED.