VAULT MINERALS LIMITED (VAU)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

VAU

VAU - VAULT MINERALS LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.16
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.49

30 Apr
2026

-0.230

OPEN

$4.57

-4.87%

HIGH

$4.61

4,682,045

LOW

$4.47

TARGET
$7.35 63.7% upside
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . AAR . ALK . AMI . ASL . AUC . AUE . AWJ . BC8 . BEZ . BGL . BNZ . BTR . CEL . CMM . CNB . CVV . CY5 . CYL . DPM . EMR . EVN . EVR . FFM . FFM . FXG . GG8 . GGP . GHM . GMD . GPR . HGO . IGO . KCN . KGL . MAT . MAU . MEI . MEK . MM8 . MML . NEM . NMG . NST . NVA . OBM . ORE . PDI . PNR . POL . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SS1 . STM . STN . SVL . TBR . TCG . TOR . TRE . TTM . USL . WAF . WGX . WIA . WMX .
FNARENA'S MARKET CONSENSUS FORECASTS
VAU: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 22.7 40.5 xxx
DPS (cps) xxx 0.0 17.0 xxx
EPS Growth xxx N/A 78.8% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 11.2 xxx
Dividend Yield xxx N/A 3.8% xxx
Div Pay Ratio(%) xxx N/A 42.0% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx22.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1,432.1 M
Book Value Per Share xxxxxxxxxxxxxxx191.0
Net Operating Cash Flow xxxxxxxxxxxxxxx539.7 M
Net Profit Margin xxxxxxxxxxxxxxx16.55 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx13.09 %
Return on Invested Capital xxxxxxxxxxxxxxx12.62 %
Return on Assets xxxxxxxxxxxxxxx10.28 %
Return on Equity xxxxxxxxxxxxxxx13.09 %
Return on Total Capital xxxxxxxxxxxxxxx13.56 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx253.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx41 M
Long Term Debt xxxxxxxxxxxxxxx57 M
Total Debt xxxxxxxxxxxxxxx98 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx674 M
Price To Book Value xxxxxxxxxxxxxxx1.43

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx300.8 M
Capex % of Sales xxxxxxxxxxxxxxx21.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,130 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx36 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx2 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

23/04/2026

1

Buy

$7.05

57.02%

March quarter production from Vault Minerals was slightly softer than expected while costs were roughly in line with UBS estimates.

The quarter marked the first period that was largely unhedged, which drove a step-change in cash generation and underlying free cash flow of $229m.

Cash and bullion rose to $728m at the end of the quarter.

The broker assesses the company will now need a stronger fourth quarter performance via KOTH throughput, after the plant upgrade was completed, in order to deliver FY26 production and cost guidance.

UBS also observes balance sheet strength has started flowing through to shareholders, highlighted by the maiden interim dividend of $0.07 paid in April alongside an ongoing buyback.

Buy rating retained. Target reduces to $7.05 from $7.10.

FORECAST
UBS forecasts a full year FY26 dividend of 12.00 cents and EPS of 33.00 cents.
UBS forecasts a full year FY27 dividend of 13.00 cents and EPS of 84.00 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Canaccord Genuity

22/04/2026

1

Buy

$7.40

64.81%

Canaccord Genuity maintains a Buy rating and a $7.40 price target for Vault Minerals following a robust March quarter update characterised by "exceptional" free cash flow generation.

The broker observes group gold sales of 78,000 ounces aligned with expectations, supported by higher average ore grades at the Mt Monger operations alongside steady underground production rates at Deflector.

Elevated all-in sustaining costs at the Leonora division, exacerbated by lower recoveries at Darlot, prompted slightly downgraded near-term earnings estimates.

Management successfully completed Stage 1 of the processing plant upgrade at Leonora, while a largely unhedged forward book allowed the company to capitalise on surging spot gold markets and bolster cash reserves to $728m.

Canaccord Genuity finds Vault Minerals' valuation remains compelling as the business aggressively deploys its swelling cash balance towards share buybacks while tracking steadily toward FY26 production guidance.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 7.00 cents and EPS of 32.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 0.00 cents and EPS of 80.00 cents.

Jarden

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Extra Coverage Research History >

VAU STOCK CHART

FNArena News on VAU

Latest Gold & Silver News

1
Gold: Bullish, But Breather Likely

Mar 09 2022 - Technicals
2
Australian Gold Stocks Undervalued

Dec 09 2021 - Feature Stories
3
Silver Investors Should Be So Lucky

Nov 23 2021 - Weekly Reports
4
Gold Outlook Improves: Are Stocks Cheap?

Sep 13 2021 - Commodities
5
Gold Risky At Present

Jul 21 2021 - Technicals
6
St Barbara’s Outlook Loses Its Lustre

May 19 2021 - Australia
7
Gold Stocks Ready To Shine Again

Dec 03 2020 - Australia
8
Catalysts Aplenty Ahead For Evolution Mining

Oct 28 2020 - Australia
9
Gold: Longer Term Upside

Oct 21 2020 - Technicals
10
Looking Elsewhere For Golden Value

Oct 15 2020 - Weekly Reports