Variscan Mines Limited

Variscan Mines Limited

AASX:VAR
0.00
AUD
+0.00
(+33.33%)
0.00EPS
4.70MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.46
-0.37
-0.15
-0.06
-0.11
-0.18
-0.01
-0.01
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.64
0.49
0.29
0.25
0.16
0.03
0.02
0.02
0.03
0.03
0.03
0.02
0.01
Tangible Book Value per Share
0.64
0.49
0.29
0.25
0.16
0.03
0.02
0.02
0.03
0.03
0.03
0.02
0.01
Basic Weighted Avg Shares
16
16
13
23
36
40
69
162
233
292
315
400
654
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-63,319.2
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-7
-6
-2
-1
-4
-7
- -
-1
-1
-1
-1
-1
-1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-60,603.08
- -
Working Capital
5
2
1
2
1
1
1
2
4
2
1
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
16
8
6
9
7
2
1
6
9
9
9
9
11
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-56.54
-65.07
-28.77
-19.04
-51.09
-156.63
-26.85
-33.23
-9.26
-9.17
-9.77
-6.95
-9.11

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.46%
17.1%
16.67%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
29.63%
0.75%
41.54%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Stewart James Dickson
Full Time Employees
5
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
7 The Esplanade Perth WA Australia 6000
IPO Date
Aug 20, 1987
Business
Variscan Mines Limited (ASX:VAR) is an Australian natural resources company focused on the acquisition, exploration and development of high-quality strategic mineral projects, primarily targeting zinc, lead, copper, gold and other base metals; its core assets include the advanced Novales-Udías Zinc Project in northern Spain featuring the San Jose and Udías mines with extensive historic underground development and high-grade mineralisation in the Reocín Formation, the Guajaraz Project in southern Spain, and additional interests in Chile and Australia. Founded in 1987 and headquartered at Level 5, 191 St Georges Terrace, Perth, Western Australia, the company operates across Europe and the Americas, serving global base metals markets with a portfolio emphasising near-term production potential from brownfield zinc assets. Recent developments include the September 2025 approval of a restoration plan for Novales-Udías mining licences enabling exploitation activities through 2035 with potential 30-year extension and supporting a 13,800m surface drilling program, acquisition of 146 historic drillholes totalling 52,034m across expanded 111 sq km licences in 2025 enhancing resource scale, a March 2023 exclusive marketing agreement with Square Trading Singapore Pte Ltd for worldwide sales of future zinc and lead concentrates from Novales-Udías and Guajaraz projects alongside assistance in securing third-party financing, a A$2.5 million two-tranche placement in 2025 to accelerate zinc growth and establish Irish zinc presence, ongoing underground drilling at San Jose and Udías yielding high-grade zinc intercepts, a completed 3D laser survey at Udías confirming under-explored extensions, and advancement of a mine re-start scoping study targeted for mid-2025.