Visionary Copper & Gold Mines Inc. (VCGMF)
Visionary Copper & Gold Mines Inc. (VCGMF) is an enterprise primarily engaged in identifying, exploring, and cultivating mineral properties situated across Canada. The company actively seeks out deposits containing a diverse range of metallic resources, including copper, zinc, gold, lead, silver, and various critical strategic metals. Established in 2011, this firm, headquartered in Vancouver, Canada, was formerly recognized as Callinex Mines Inc. before officially adopting its current name, Visionary Copper and Gold Mines Inc., in August of 2025.
Industry: Industrial Materials
Visionary Copper and Gold Mines Inc.
OTC:VCGMFBasic Materials · Industrial Materials
-2.15%$0.8787
Mkt Cap$20.76M
Float19.41M
O/S23.62M
Inst Own-
SI0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$654K
Total Assets$31.1M
Free Cash Flow-$1.05M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$29K
Total Equity$28.32M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in VCGMF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$31.1M
Liabilities$2.78M
Accounts Receivable$34K
Accounts Payable$676K
Inventory$0
PP&E (Net)$30.93M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $14K | $16K | $46K | $46K | $49K | $48K | $18K | $19K | $10K | $7K | $8K | $18K | $24K | $20K | $56K | $24K |
| Gross Profit | -$14K | -$16K | -$46K | -$47K | -$49K | -$48K | -$18K | -$19K | -$10K | -$7K | -$8K | -$18K | -$24K | -$20K | -$56K | -$24K |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $680K | $1.08M | $1.94M | $1.13M | $1.75M | $738K | $1.31M | $1.92M | $1.39M | $1.51M | $870K | $1.08M | $1.2M | $1.41M | $2.09M | $786K |
| Other | $238K | $108K | $61K | $52K | $35K | $17K | $54K | $67K | $53K | -$74K | -$34K | -$92 | $4K | -$2K | -$3K | $5K |
| Total Operating Expenses | $918K | $1.19M | $2M | $1.19M | $1.79M | $755K | $1.36M | $1.98M | $1.45M | $1.44M | $836K | $1.08M | $1.21M | $1.41M | $2.08M | $791K |
| Operating Income (EBIT) | -$932K | -$1.21M | -$1.94M | -$1.13M | -$1.75M | -$738K | -$1.32M | -$1.92M | -$1.39M | -$1.47M | -$844K | -$1.1M | -$1.23M | -$1.43M | -$2.14M | -$810K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $0 | $62 | $5K | $13K | $18K | $17K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K | $5K | $4K |
| Interest Income | $726 | $1K | $761 | $220 | $0 | $10K | $25K | $25K | $17K | $4K | $2K | $21K | $34K | $70K | $5K | $4K |
| Other Income (Expense) | $222K | $596K | $1.5M | $2.26M | $1.19M | -$64K | -$108K | -$421K | -$47K | $59K | -$2.58M | -$15.35M | -$765K | -$2.04M | $7K | $35 |
| Income Before Tax (EBT) | -$710K | -$613K | -$547K | $1.12M | -$643K | -$802K | -$1.42M | -$2.34M | -$1.44M | -$1.41M | -$3.43M | -$16.43M | -$1.99M | -$3.48M | -$2.14M | -$810K |
| Income Tax Expense | -$55K | $101K | $362K | $1.09M | $178K | $0 | $0 | $0 | $0 | $0 | -$298K | -$4.17M | -$6K | -$853K | $919K | $3.51M |
| Net Income | -$654K | -$714K | -$910K | $29K | -$821K | -$802K | -$1.42M | -$2.34M | -$1.44M | -$1.41M | -$3.13M | -$12.26M | -$1.99M | -$2.62M | -$3.06M | -$4.32M |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EPS | -0.05 | -0.06 | -0.08 | 0.00 | -0.09 | -0.10 | -0.23 | -0.40 | -0.27 | -0.37 | -1.24 | -5.40 | -1.30 | -2.03 | -3.17 | -3.59 |
| Diluted EPS | -0.05 | -0.06 | -0.08 | 0.00 | -0.09 | -0.10 | -0.23 | -0.40 | -0.27 | -0.37 | -1.24 | -5.40 | -1.30 | -2.03 | -3.17 | -3.59 |
| Weighted Average OS | 19.07M | 17.67M | 16.26M | 14.13M | 12.45M | 10.73M | 8.61M | 8.20M | 7.52M | 5.32M | 3.55M | 3.18M | 2.19M | 1.81M | 1.35M | 1.69M |
| EBITDA | -$696K | -$1.08M | -$1.94M | -$1.13M | -$1.83M | -$737K | -$1.41M | -$2.22M | -$1.39M | -$1.47M | -$3.36M | -$16.4M | -$1.97M | -$3.45M | -$2.08M | -$782K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 |
| Assets | ||||||||||||||||
| Current Assets | ||||||||||||||||
| Cash and Cash Equivalents | $38K | $999K | $1.53M | $709K | $2M | $482K | $2.05M | $2.5M | $4.07M | $3.04M | $2.61M | $685K | $2.17M | $3.61M | $6.97M | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $44K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $38K | $999K | $1.53M | $709K | $2M | $482K | $2.05M | $2.54M | $4.07M | $3.04M | $2.61M | $685K | $2.17M | $3.61M | $6.97M | $0 |
| Accounts Receivable | $34K | $93K | $61K | $82K | $91K | $23K | $13K | $74K | $362K | $2K | $135K | $13K | $11K | $105K | $363K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $79K | $261K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $151K | $1.35M | $1.67M | $961K | $2.24M | $543K | $2.13M | $2.73M | $4.57M | $3.15M | $2.82M | $709K | $2.2M | $3.74M | $7.37M | $0 |
| Long-Term Assets | ||||||||||||||||
| Property, Plant & Equipment Net | $30.93M | $29.81M | $28.31M | $24.43M | $19.42M | $15.29M | $13.5M | $13.08M | $11.64M | $8.89M | $7.01M | $9.05M | $23.47M | $22.7M | $20.7M | $14.05M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $110K | $727K | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $20K | $20K | $20K | $20K | $20K | $20K | $20K | $20K | $20K | $20K | $20K | $16K | $15K | $89K | $225K | $0 |
| Total Long-Term Assets | $30.95M | $29.83M | $28.33M | $24.45M | $19.44M | $15.31M | $13.52M | $13.1M | $11.66M | $8.91M | $7.03M | $9.07M | $23.49M | $22.9M | $21.66M | $14.05M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $31.1M | $31.18M | $30.01M | $25.42M | $21.68M | $15.85M | $15.65M | $15.83M | $16.22M | $12.06M | $9.85M | $9.78M | $25.69M | $26.64M | $29.02M | $14.05M |
| Liabilities | ||||||||||||||||
| Current Liabilities | ||||||||||||||||
| Accounts Payable | $676K | $766K | $265K | $429K | $734K | $335K | $92K | $208K | $262K | $120K | $329K | $76K | $31K | $497K | $1.32M | $0 |
| Short-Term Debt | $0 | $0 | $29K | $0 | $33K | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $328K | -$24K | $8K | $53K | $0 | $0 | $7K | $11K | $0 | $890 | $5K | $0 |
| Total Current Liabilities | $1.07M | $808K | $331K | $510K | $1.16M | $401K | $130K | $292K | $363K | $175K | $371K | $86K | $72K | $498K | $1.32M | $0 |
| Long-Term Liabilities | ||||||||||||||||
| Long-Term Debt | $29K | $29K | $0 | $29K | $29K | $29K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $1.68M | $1.74M | $1.64M | $1.27M | $178K | $0 | $0 | $0 | $0 | $0 | $685K | $307K | $4.49M | $4.26M | $4.8M | $3.51M |
| Other Long-Term Liabilities | $0 | $73K | $342K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $228K | $385K | $0 |
| Total Long-Term Liabilities | $1.71M | $1.84M | $1.98M | $1.31M | $250K | $105K | $0 | $0 | $0 | $0 | $685K | $307K | $4.49M | $4.49M | $5.19M | $3.51M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.78M | $2.65M | $2.31M | $1.82M | $1.41M | $506K | $130K | $292K | $363K | $175K | $371K | $393K | $4.56M | $4.99M | $6.51M | $3.51M |
| Stockholders' Equity | ||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $58.88M | $58.71M | $57.5M | $52.93M | $49.98M | $45.07M | $44.6M | $43.61M | $41.97M | $36.68M | $33.59M | $30.5M | $29.98M | $28.5M | $27.46M | $0 |
| Retained Earnings | -$37.87M | -$37.21M | -$36.5M | -$35.59M | -$35.62M | -$34.8M | -$33.99M | -$32.57M | -$30.23M | -$28.79M | -$27.37M | -$24.24M | -$11.99M | -$10M | -$7.38M | -$4.32M |
| Comprehensive Income & Other | -$252K | -$252K | -$252K | -$252K | $5.91M | -$252K | -$252K | -$286K | $4.12M | $3.99M | $3.27M | $3.12M | $2.86M | $2.6M | $2.32M | $14.86M |
| Other Stockholders' Equity | $7.3M | $7.04M | $6.7M | $6.26M | $5.91M | $5.07M | $4.91M | $4.5M | $4.12M | $3.99M | $3.27M | $3.12M | $3.14M | $3.15M | $2.43M | $14.86M |
| Total Equity | $28.32M | $28.54M | $27.7M | $23.6M | $20.27M | $15.34M | $15.52M | $15.54M | $15.86M | $11.88M | $9.48M | $9.38M | $21.13M | $21.65M | $22.51M | $10.53M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $31.1M | $31.18M | $30.01M | $25.42M | $21.68M | $15.85M | $15.65M | $15.83M | $16.22M | $12.06M | $9.85M | $9.78M | $25.69M | $26.64M | $29.02M | $14.05M |
| Supplementary Data | ||||||||||||||||
| Total Debt | $29K | $29K | $32K | $72K | $105K | $129K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$10K | -$971K | -$1.5M | -$637K | -$1.9M | -$352K | -$2.05M | -$2.5M | -$4.07M | -$3.04M | -$2.61M | -$685K | -$2.17M | -$3.61M | -$6.97M | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 | 2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | 2010-09-30 |
| Operating Activities | ||||||||||||||||
| Net Income | -$654K | -$714K | -$910K | $29K | -$821K | -$802K | -$1.42M | -$2.34M | -$1.44M | -$1.41M | -$3.13M | -$12.26M | -$1.99M | -$2.62M | -$3.06M | -$4.32M |
| Depreciation & Amortization | $14K | $16K | $46K | $47K | $49K | $48K | $18K | $19K | $10K | $7K | $17K | $21K | $24K | $20K | $56K | $24K |
| Deferred Income Tax | -$55K | $101K | $362K | $1.09M | $178K | $0 | $0 | $0 | $0 | $0 | -$298K | -$4.17M | -$6K | -$853K | $871K | $3.51M |
| Stock-Based Compensation | $208K | $205K | $397K | $253K | $716K | $148K | $610K | $780K | $222K | $329K | $147K | $248K | $197K | $53K | $684K | $0 |
| Changes in Working Capital: | ||||||||||||||||
| Accounts Receivable | $59K | -$30K | $22K | $10K | $0 | $0 | $0 | $31K | -$79K | -$6K | -$7 | -$2K | $94 | $257K | -$363K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $369K | -$17K | $118K | -$115K | -$51K | $7K | $120K | $8K | -$49K | $98K | -$97K | $14K | $67K | $57K | -$7K | $0 |
| Total Working Capital Change | $427K | -$48K | $140K | -$106K | -$51K | $7K | $120K | $39K | -$128K | $92K | -$98K | $13K | $67K | $315K | -$369K | $0 |
| Other Non-Cash Items | -$59K | -$601K | -$1.51M | -$2.36M | -$1.2M | -$620 | $43K | $364K | $0 | -$101K | $2.54M | $15.35M | $800K | $2.13M | $4.18M | $786K |
| Net Cash from Operating | -$120K | -$1.04M | -$1.48M | -$1.04M | -$1.13M | -$601K | -$633K | -$1.14M | -$1.34M | -$1.09M | -$818K | -$797K | -$904K | -$962K | $2.36M | $0 |
| Investing Activities | ||||||||||||||||
| Capital Expenditures | -$931K | -$1.35M | -$4.23M | -$5.17M | -$3.98M | -$1.43M | -$629K | -$2.47M | -$2.66M | -$1.6M | -$155K | -$940K | -$1.71M | -$3.95M | -$5.5M | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $77K | $214K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $89K | $267K | $178K | $713K | $214K | $11K | $26K | $256K | $0 | $114K | -$4K | -$16K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$842K | -$1.09M | -$4.05M | -$4.46M | -$3.77M | -$1.42M | -$525K | -$2M | -$2.66M | -$1.49M | -$159K | -$956K | -$1.71M | -$3.95M | -$5.5M | $0 |
| Financing Activities | ||||||||||||||||
| Debt Repaid | - | $4K | $45K | $45K | $40K | $16K | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $1.49M | $6.71M | $4.45M | $6.34M | $467K | $720K | $1.61M | $5.3M | $3.07M | $2.93M | $270K | $896K | $1.06M | $4.41M | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $103K | -$310K | -$196K | $126K | $2K | -$5K | -$39K | -$266K | -$71K | -$23K | $0 | $274K | $492K | $5.7M | $0 |
| Net Cash from Financing | $0 | $1.59M | $6.35M | $4.21M | $6.42M | $451K | $715K | $1.57M | $5.03M | $3M | $2.9M | $270K | $1.17M | $1.55M | $10.11M | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$961K | -$534K | $824K | -$1.3M | $1.52M | -$1.57M | -$443K | -$1.58M | $1.04M | $425K | $1.93M | -$1.48M | -$1.44M | -$3.36M | $6.97M | $0 |
| Supplementary Data | ||||||||||||||||
| Operating Cash Flow | -$120K | -$1.04M | -$1.48M | -$1.04M | -$1.13M | -$601K | -$633K | -$1.14M | -$1.34M | -$1.09M | -$818K | -$797K | -$904K | -$962K | $2.36M | $0 |
| Capital Expenditure | -$931K | -$1.35M | -$4.23M | -$5.17M | -$3.98M | -$1.43M | -$629K | -$2.47M | -$2.66M | -$1.6M | -$155K | -$940K | -$1.71M | -$3.95M | -$5.5M | $0 |
| Free Cash Flow | -$1.05M | -$2.39M | -$5.71M | -$6.22M | -$5.11M | -$2.03M | -$1.26M | -$3.61M | -$4M | -$2.69M | -$973K | -$1.74M | -$2.61M | -$4.91M | -$3.14M | $0 |
| Cash at Beginning | $999K | $1.53M | $709K | $2M | $482K | $2.05M | $2.5M | $4.07M | $3.04M | $2.61M | $685K | $2.17M | $3.61M | $6.97M | $0 | $0 |
| Cash at End | $38K | $999K | $1.53M | $709K | $2M | $482K | $2.05M | $2.5M | $4.07M | $3.04M | $2.61M | $685K | $2.17M | $3.61M | $6.97M | $0 |