Variscan Mines Share Price and Company Fundamentals



Price
$0.069
Change
0.004 (6.154%)
52 week
0.023 - 0.15

Last traded: Today at 6:10 AM

Variscan Mines Limited engages in the acquisition, exploration, and development of mineral properties. It explores for zinc, copper, gold, lead, uranium, and precious metal deposits. The company 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 and Callabonna tenements located in South 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

2.65

Dividend yield

Beta

2.17

Market cap

$18.36M

Enterprise value

$11.98M

Company profile

Primary activitiesExploration for economic gold, base metals, iron ore and uranium.
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://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

Variscan Mines does not pay dividends.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Variscan Mines.

NameTitleAgeTotal Pay
Mr. Stewart James Dickson B.A., M.B.A., BA (Hons), MBACEO, MD & Director42328.57k
Mr. Mark Edward Pitts F.C.A., B Bus, GAICD, FCACompany Sec.5848k

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-19,589.59%

Return on assets

-8.33%

Return on equity

-15.96%

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 18.36M and its enterprise value is 11.98M. The enterprise value to revenue ratio of VAR is 2,854.92.

The VAR's stocks Beta value is 2.17 making it 117% 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 $0.069.

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 http://www.variscan.com.au.

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

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