Viking Mines Limited (VKA) Fair Value & Analysis
Basic Materials · AU · Market cap A$24.3M
Fair value as of: Jun 24, 2026
From 2 valuation models · updated 47 days ago
Share price −9.1% over the past month.
Below-average quality, and screening another 15% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (A$0.0085). The favourable scenario is already priced in.
- Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
- Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 24, 2026.
How to read this chart
60‑month range A$0.0060 – A$0.0340 · the A$0.0100 price screens above the A$0.0085 fair value. Dashed = 300-day average. As of Jun 24, 2026.
Analysis
Viking Mines Limited (VKA) currently trades at A$0.0100, while our model-based Fair Value estimate is A$0.0085, implying the stock looks roughly 15.0% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).
Trailing-twelve-month revenue stands at A$503K. Revenue grew 67.5% year over year. It earns a return on equity of -45.1%. The balance sheet holds a net cash position of A$2.5M. Fundamentals as of Jun 24, 2026
The share trades about 58% below its 52-week high and 67% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at -15%, VKA screens richer than that median.
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Key figures & financial health
Figures from reported company fundamentals · as of Jun 24, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 44 · Market factors (momentum, volatility) 28
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Viking Mines Limited operates as a mineral exploration company in Australia. The company explores for vanadium, nickel, copper, cobalt, and gold deposits.
Full company description
Viking Mines Limited operates as a mineral exploration company in Australia. The company explores for vanadium, nickel, copper, cobalt, and gold deposits. It holds 100% in the Canegrass Battery Minerals project that covers 620 kilometers located in the Murchison region, north-east Perth, Western Australia; and the Riverina East Gold project located in Eastern Goldfields of Western Australia. The company was formerly known as Viking Ashanti Limited. The company was incorporated in 2007 and is based in West Perth, Australia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Viking Mines Limited reported revenue of A$461K in FY2025 versus A$152K in FY2021, a compound +31.9%/yr. Reported net income was −A$3.1M in FY2025.
VKA screens 15% overvalued. Compare with Newmont Corporation →
Peer Group
Gold · 259 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Gold median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Gold stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Newmont Corporation NEMCL | $112.00 | $132.73 | +19% |
| Zijin Mining Group 601899 | ¥28.36 | ¥30.58 | +8% |
| Agnico Eagle Mines Limited AEM | C$191.93 | C$154.33 | -20% |
| Barrick Mining Corporation B | $34.93 | $50.66 | +45% |
| Wheaton Precious Metals Corp WPM | C$152.57 | C$52.47 | -66% |
| Franco-Nevada Corporation FNV | C$284.75 | C$97.76 | -66% |
| AngloGold Ashanti plc AU | $76.35 | $88.63 | +16% |
| Gold Fields Limited GFI | $33.33 | $59.06 | +77% |
| Kinross Gold Corporation KGC | $22.57 | $34.62 | +53% |
| Northern Star Resources Limited NST | A$20.48 | A$15.98 | -22% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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