OverviewSuggest Edit

Vast Resources explores for and develops mineral projects in Sub-Saharan Africa and Eastern Europe. The Company explores for gold, silver, copper, lead and zinc, as well as rare earth elements, phosphates and diamonds. It holds 50.1% interest in the Manaila Polymetallic mine in northern Romania, 80% interest in Baita Plai Polymetallic mine in Romania and 50% interest in Pickstone-Peerless Gold mine in Zimbabwe.

TypePublic
Founded2004
HQNettlestead, GB
Websitevastplc.com

Locations

Vast Resources is headquartered in
Nettlestead, United Kingdom

Location Map

Latest Updates

Employees (est.) (May 2021)179
Revenue (FY, 2019)£2.7 M(-88%)
Share Price (May 2021)£0.1(+9644%)
Cybersecurity ratingBMore

Key People/Management at Vast Resources

Andrew Prelea

Andrew Prelea

CEO & Director
Brian Moritz

Brian Moritz

Chairman
Roy Tucker

Roy Tucker

Executive Director
Craig Harvey

Craig Harvey

COO & Director
Nick Hatch

Nick Hatch

Non-Executive Director
Paul Fletcher

Paul Fletcher

Chief Financial Officer & Director
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Vast Resources Office Locations

Vast Resources has an office in Nettlestead
Nettlestead, GB (HQ)
Nettlestead Place, Maidstone Rd
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Vast Resources Financials and Metrics

Vast Resources Revenue

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Vast Resources's revenue was reported to be £2.75 m in FY, 2019
GBP

Revenue (FY, 2019)

2.7m

Gross profit (FY, 2019)

(730.6k)

Gross profit margin (FY, 2019), %

(26.6%)

Net income (FY, 2019)

(8.0m)

EBIT (FY, 2019)

(7.3m)

Market capitalization (7-May-2021)

2.0b

Closing stock price (7-May-2021)

0.1

Cash (30-Apr-2019)

455.8k

EV

2.0b
Vast Resources's current market capitalization is £2 b.
GBPFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

5.4m18.3m23.7m2.7m

Cost of goods sold

4.2m13.4m18.0m3.5m

Gross profit

1.2m4.9m5.6m(730.6k)

Gross profit Margin, %

22%27%24%(27%)
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.9m618.1k1.0m1.0m455.8k

Accounts Receivable

10.4k77.8k72.5k

Inventories

50.0k1.4m2.2m3.1m330.8k

Current Assets

6.1m4.9m7.4m8.3m2.8m
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash From Operating Activities

(3.4m)(1.3m)2.3m(473.3k)4.3m

Cash From Investing Activities

(61.6k)(6.0m)(6.9m)(5.8m)(10.7m)

Cash From Financing Activities

5.4m5.6m4.7m6.2m5.8m

Net Change in Cash

1.9m(1.7m)29.3k(20.0k)(585.6k)
GBPFY, 2015

Financial Leverage

1.7 x
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Vast Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

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Vast Resources Online and Social Media Presence

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Vast Resources Frequently Asked Questions

  • When was Vast Resources founded?

    Vast Resources was founded in 2004.

  • Who are Vast Resources key executives?

    Vast Resources's key executives are Andrew Prelea, Brian Moritz and Roy Tucker.

  • How many employees does Vast Resources have?

    Vast Resources has 179 employees.

  • What is Vast Resources revenue?

    Latest Vast Resources annual revenue is £2.7 m.

  • What is Vast Resources revenue per employee?

    Latest Vast Resources revenue per employee is £15.4 k.

  • Who are Vast Resources competitors?

    Competitors of Vast Resources include Denison Mines, South32 and Savannah Resources.

  • Where is Vast Resources headquarters?

    Vast Resources headquarters is located at Nettlestead Place, Maidstone Rd, Nettlestead.

  • Where are Vast Resources offices?

    Vast Resources has an office in Nettlestead.

  • How many offices does Vast Resources have?

    Vast Resources has 1 office.