Verity Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral resources in Australia and Botswana. The company primarily explores for nickel, copper, cobalt, gold, silver, platinum group, and rare earth elements. Its flagship project, the Monument gold project, comprises approximately 195 square kilometers of prospective tenure located in the Laverton Gold District in Western Australia. The company was formerly known as SI6 Metals Limited and changed its name to Verity Resources Limited in November 2024. Verity Resources Limited was incorporated in 2007 and is based in Kew East, Australia.
Metrics to compare | VRL | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipVRLPeersSector | |
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P/E Ratio | −5.4x | −3.8x | 0.1x | |
PEG Ratio | −0.07 | −0.05 | 0.00 | |
Price/Book | 4.7x | 2.1x | 1.6x | |
Price / LTM Sales | 270.7x | 41.1x | 1.4x | |
Upside (Analyst Target) | - | 4.0% | 18.2% | |
Fair Value Upside | Unlock | −7.0% | −2.0% | Unlock |