Beacon Minerals（BCN）株式概要ビーコン・ミネラル社（Beacon Minerals Limited）は、その子会社とともに西オーストラリア州で鉱物の開発と生産に従事している。 詳細BCN ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性5/6配当金2/6報酬今年は黒字化を達成 リスク分析過去5年間で収益は年間50.5%減少しました。 すべてのリスクチェックを見るBCN Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$2.3614.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-9m207m2016201920222025202620282031Revenue AU$206.9mEarnings AU$12.5mAdvancedSet Fair ValueView all narrativesBeacon Minerals Limited 競合他社Tribune ResourcesSymbol: ASX:TBRMarket cap: AU$278.6mRand MiningSymbol: ASX:RNDMarket cap: AU$138.8mStrickland MetalsSymbol: ASX:STKMarket cap: AU$289.9mResolute MiningSymbol: ASX:RSGMarket cap: AU$2.6b価格と性能株価の高値、安値、推移の概要Beacon Minerals過去の株価現在の株価AU$2.3652週高値AU$4.7152週安値AU$1.04ベータ0.921ヶ月の変化-28.48%3ヶ月変化-42.58%1年変化118.52%3年間の変化96.67%5年間の変化59.46%IPOからの変化-72.25%最新ニュースValuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to AU$2.36, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 102% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to AU$2.76, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 144% over the past three years.Reported Earnings • Mar 05First half 2026 earnings released: EPS: AU$0.14 (vs AU$0.072 loss in 1H 2025)First half 2026 results: EPS: AU$0.14 (up from AU$0.072 loss in 1H 2025). Revenue: AU$82.9m (up 102% from 1H 2025). Net income: AU$14.8m (up AU$22.1m from 1H 2025). Profit margin: 18% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Dec 02Upcoming dividend of AU$0.05 per shareEligible shareholders must have bought the stock before 09 December 2025. Payment date: 18 December 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.5%. Lower than top quartile of Australian dividend payers (5.7%). Lower than average of industry peers (3.6%).お知らせ • Oct 13Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025. Location: at the melbourne hotel, 33 milligan street, wa 6000, perth Australia分析記事 • Sep 29Is Beacon Minerals (ASX:BCN) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to AU$2.36, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 102% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to AU$2.76, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 144% over the past three years.Reported Earnings • Mar 05First half 2026 earnings released: EPS: AU$0.14 (vs AU$0.072 loss in 1H 2025)First half 2026 results: EPS: AU$0.14 (up from AU$0.072 loss in 1H 2025). Revenue: AU$82.9m (up 102% from 1H 2025). Net income: AU$14.8m (up AU$22.1m from 1H 2025). Profit margin: 18% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Dec 02Upcoming dividend of AU$0.05 per shareEligible shareholders must have bought the stock before 09 December 2025. Payment date: 18 December 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.5%. Lower than top quartile of Australian dividend payers (5.7%). Lower than average of industry peers (3.6%).お知らせ • Oct 13Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025. Location: at the melbourne hotel, 33 milligan street, wa 6000, perth Australia分析記事 • Sep 29Is Beacon Minerals (ASX:BCN) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Sep 01An undisclosed buyer acquired 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million.An undisclosed buyer acquired 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million on September 1, 2025. A cash consideration of AUD 5.91 million valued at AUD 0.165 per share will be paid by the buyer. As part of consideration, AUD 5.91 million is paid towards common equity of Astral Resources NL. An undisclosed buyer completed the acquisition of 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million on September 1, 2025.Reported Earnings • Aug 31Full year 2025 earnings released: AU$0.003 loss per share (vs AU$0.098 profit in FY 2024)Full year 2025 results: AU$0.003 loss per share (down from AU$0.098 profit in FY 2024). Revenue: AU$92.7m (up 12% from FY 2024). Net loss: AU$14.0m (down 252% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).分析記事 • Aug 08Beacon Minerals Limited (ASX:BCN) Surges 26% Yet Its Low P/S Is No Reason For ExcitementASX:BCN 1 Year Share Price vs Fair Value Explore Beacon Minerals's Fair Values from the Community and select yours...お知らせ • Jul 21Beacon Minerals Limited (ASX:BCN) announces an Equity Buyback for 9,391,920 shares, representing 8.89% for AUD 12 million.Beacon Minerals Limited (ASX:BCN) announces a share repurchase program. Under the program, the company will repurchase up to 9,391,920 shares, representing 8.89% of it's issued share capital for AUD 12 million. The purpose of the On Market Buy-Back is to improve shareholder returns, enhance capital efficiency, and maintain sufficient flexibility to pursue future growth and investment opportunities. The program will continue till July 31, 2026.New Risk • Jul 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$2.85m (US$1.87m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (AU$2.85m market cap, or US$1.87m).分析記事 • Jun 18Is Beacon Minerals (ASX:BCN) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent Insider Transactions • May 10Executive Chairman & MD recently bought AU$235k worth of stockOn the 8th of May, Graham McGarry bought around 8m shares on-market at roughly AU$0.028 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Graham has been a buyer over the last 12 months, purchasing a net total of AU$428k worth in shares.Recent Insider Transactions • Mar 20Executive Chairman & MD recently bought AU$192k worth of stockOn the 17th of March, Graham McGarry bought around 8m shares on-market at roughly AU$0.025 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months.New Risk • Feb 28New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (AU$105.7m market cap, or US$65.9m).お知らせ • Feb 27Astral Resources NL (ASX:AAR) acquired 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) for AUD 2.2 million.Astral Resources NL (ASX:AAR) acquired 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) for AUD 2.2 million on February 27, 2025. Astral Resources NL (ASX:AAR) completed the acquisition of 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) on February 27, 2025.New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$93.0m market cap, or US$60.1m).お知らせ • Nov 01Beacon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 10.331112 million.Beacon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 10.331112 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 469,596,021 Price\Range: AUD 0.022 Discount Per Security: AUD 0.00132 Security Features: Attached Options Transaction Features: Rights Offeringお知らせ • Oct 14Beacon Minerals Limited, Annual General Meeting, Nov 18, 2024Beacon Minerals Limited, Annual General Meeting, Nov 18, 2024. Location: at the boulevard centre, 99 the boulevard, floreat wa 6014 Australiaお知らせ • Sep 20Beacon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.331112 million.Beacon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.331112 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 469,596,021 Price\Range: AUD 0.022 Discount Per Security: AUD 0.00132 Security Features: Attached Options Transaction Features: Rights Offering分析記事 • Sep 07We Think Beacon Minerals' (ASX:BCN) Profit Is Only A Baseline For What They Can AchieveEven though Beacon Minerals Limited's ( ASX:BCN ) recent earnings release was robust, the market didn't seem to notice...Reported Earnings • Aug 31Full year 2024 earnings released: EPS: AU$0.002 (vs AU$0.001 in FY 2023)Full year 2024 results: EPS: AU$0.002 (up from AU$0.001 in FY 2023). Revenue: AU$83.4m (up 15% from FY 2023). Net income: AU$8.74m (up 67% from FY 2023). Profit margin: 11% (up from 7.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jul 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to AU$0.026. The fair value is estimated to be AU$0.034, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 55%.Buy Or Sell Opportunity • Jun 11Now 24% undervaluedOver the last 90 days, the stock has risen 4.2% to AU$0.025. The fair value is estimated to be AU$0.033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 55%.分析記事 • May 23Estimating The Fair Value Of Beacon Minerals Limited (ASX:BCN)Key Insights Beacon Minerals' estimated fair value is AU$0.032 based on Dividend Discount Model With AU$0.029 share...Buy Or Sell Opportunity • May 14Now 20% undervaluedOver the last 90 days, the stock has risen 18% to AU$0.026. The fair value is estimated to be AU$0.033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 55%.分析記事 • Apr 26There's No Escaping Beacon Minerals Limited's (ASX:BCN) Muted Earnings Despite A 30% Share Price RiseThe Beacon Minerals Limited ( ASX:BCN ) share price has done very well over the last month, posting an excellent gain...Buy Or Sell Opportunity • Jan 19Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to AU$0.024. The fair value is estimated to be AU$0.031, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 47%.Buying Opportunity • Dec 19Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$0.032, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 47%.New Risk • Dec 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 131% Dividend yield: 7.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 131% Minor Risks Profit margins are more than 30% lower than last year (7.2% net profit margin). Market cap is less than US$100m (AU$101.4m market cap, or US$66.4m).お知らせ • Nov 30Beacon Minerals Limited Ordinary Shares to Be Deleted from OTC EquityBeacon Minerals Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective November 29, 2023, due to Inactive Security.お知らせ • Nov 22Beacon Minerals Limited Declares Fully Franked Dividend, Payable on 8 December 2023The Board of Beacon Minerals Limited declared a fully franked dividend of $0.001 per share. Ex-date is 28 November 2023; Record date is 29 November 2023; Dividend payment date is 8 December 2023.分析記事 • Nov 20Here's Why It's Unlikely That Beacon Minerals Limited's (ASX:BCN) CEO Will See A Pay Rise This YearKey Insights Beacon Minerals will host its Annual General Meeting on 27th of November CEO Graham McGarry's total...お知らせ • Oct 19+ 1 more updateBeacon Minerals Limited, Annual General Meeting, Nov 27, 2023Beacon Minerals Limited, Annual General Meeting, Nov 27, 2023, at 10:00 W. Australia Standard Time. Location: The Boulevard Centre, 99 The Boulevard, Floreat WA 6014 WA Australia Agenda: To consider adoption of remuneration report; to consider re election of director Geofrey Greenhill; and to consider increase in total aggregate remuneration for non executive directors.Buying Opportunity • Sep 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be AU$0.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 47%.Reported Earnings • Sep 01Full year 2023 earnings released: EPS: AU$0.001 (vs AU$0.004 in FY 2022)Full year 2023 results: EPS: AU$0.001 (down from AU$0.004 in FY 2022). Revenue: AU$72.4m (up 1.8% from FY 2022). Net income: AU$5.22m (down 65% from FY 2022). Profit margin: 7.2% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.New Risk • Aug 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (dividend per share is over 22x cash flows per share). Market cap is less than US$100m (AU$97.7m market cap, or US$63.3m).分析記事 • Mar 29A Look At The Intrinsic Value Of Beacon Minerals Limited (ASX:BCN)Key Insights The projected fair value for Beacon Minerals is AU$0.026 based on Dividend Discount Model Current share...Reported Earnings • Mar 01First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.002 in 1H 2022)First half 2023 results: EPS: AU$0.001 (down from AU$0.002 in 1H 2022). Revenue: AU$36.9m (up 3.3% from 1H 2022). Net income: AU$3.76m (down 49% from 1H 2022). Profit margin: 10% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.Recent Insider Transactions • Dec 31Executive Chairman & MD recently bought AU$459k worth of stockOn the 23rd of December, Graham McGarry bought around 17m shares on-market at roughly AU$0.027 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months.お知らせ • Nov 24Beacon Minerals Limited Declares Fully Franked Dividend, Payable on 9 December 2022The Board of Beacon Minerals Limited to declare a fully franked dividend of $0.001 per share. Ex-date is 29 November 2022, record date is 30 November 2022 and Dividend payment date is 9 December 2022.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non-Executive Director Sarah Shipway was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 06+ 1 more updateBeacon Minerals Limited (ASX: BCN) has executed an Offer Letter to acquire mining lease M15/621 and miscellaneous licence L15/355 GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd for AUD 10.75 million.Beacon Minerals Limited (ASX: BCN) has executed an Offer Letter to acquire mining lease M15/621 and miscellaneous licence L15/355 GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd for AUD 10.75 million on October 5, 2022. The Acquisition remains subject to and conditional upon Beacon and Geko executing a formalsale agreement.Reported Earnings • Sep 01Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.007 in FY 2021)Full year 2022 results: EPS: AU$0.004 (down from AU$0.007 in FY 2021). Revenue: AU$71.2m (down 3.5% from FY 2021). Net income: AU$14.8m (down 27% from FY 2021). Profit margin: 21% (down from 28% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Jul 18Beacon Minerals Limited Provides Production Guidance for the Fiscal Year 2023Beacon Minerals Limited provided production guidance for the fiscal year 2023. The company expects full year guidance for fiscal year 2023 is at 24,000 oz to 28,000 oz.分析記事 • Jul 04Beacon Minerals (ASX:BCN) Is Reinvesting At Lower Rates Of ReturnFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non-Executive Director Sarah Shipway was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jan 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non-Executive Director Sarah Shipway was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Dec 15Beacon Minerals Limited Provides Jaurdi Gold Project October-November Production UpdateBeacon Minerals Limited provided an update of activities at the 100% owned Jaurdi Gold Project. Gold production is on track to exceed guidance for the December 2021 quarter with 5,338 oz's produced for the 2 months. Optimisation of the Jaurdi Plant continues with 67,396 dmt milled in October and a record throughput of 70,332 dmt was achieved in November. These throughput improvements relate to a higher percentage of lowgrade Lost Dog silcrete in the blend and a reduction in the sag mill feed size. The Company would like to advise that a Native Title compensation agreement between the Marlinyu Ghoorlie Group and Beacon Mining Pty Ltd. has been signed for tenement M16/561. Mining approvals for the Lost Dog Panel 3 (eastern panel) can now be advanced in the coming months. Alongside Kalgoorlie based business partners Pacific Energy (KPS) Pty Ltd, Beacon Minerals are investigating ways to embrace renewable energy and reduce the carbon fuel sources at the Jaurdi Gold Project. A proposal has been submitted for the integration of a Solar Farm and Battery Energy Storage System (BESS) to the existing diesel power station.Recent Insider Transactions • Dec 13Executive Chairman & MD recently bought AU$998k worth of stockOn the 6th of December, Graham McGarry bought around 33m shares on-market at roughly AU$0.031 per share. This was the largest purchase by an insider in the last 3 months. Graham has been a buyer over the last 12 months, purchasing a net total of AU$1.1m worth in shares.Reported Earnings • Sep 03Full year 2021 earnings released: EPS AU$0.007 (vs AU$0.004 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$73.7m (up 72% from FY 2020). Net income: AU$20.3m (up 86% from FY 2020). Profit margin: 28% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 01Beacon Minerals Limited Provides Forward Gold Sales UpdateBeacon Minerals Limited provided the below supplementary information. The Company previously advised that it had entered into a 9,000 ounce forward gold contract to be delivered in monthly instalments from June 2021 to November 2021 (Forward Sale Facility Agreement). The forward price ranges from AUD 2,426 to AUD 2,407 per ounce. The key terms of the Forward Sale Facility Agreement are as follows: The Forward Sale Facility Agreement was entered into between the Company and MKS (Switzerland) S.A., a corporation with headquarters in Switzerland (Forward Facility). The Forward Facility is effective on and from 19 April 2021 expires on 31 December 2021, the Company entered into the Forward Facility on 25 May 2021. The nature of the products being supplied pursuant to the Forward Facility is gold. The purpose of the Forward Facility is hedging Beacon's gold price exposure in relation to the Jaurdi Gold Project and to provide a secure cash margin on a portion of Beacon's future gold production.お知らせ • May 26Beacon Minerals Limited Provides Exploration UpdateBeacon Minerals Limited announced that the exploration drilling at the Min Min Light gold project has been completed and drilling at the Black Cat South deposit has commenced. The reverse circulation (RC) drilling campaign will consist of 3,200 metres on 4 targets. The Company will pay a premium to ensure assay turnaround times are improved for these current exploration programs.お知らせ • Mar 19Beacon Minerals Limited Announces Exploration Update, Further High Grades At Big CatBeacon Minerals Limited provided update on exploration activities at its Jaurdi Gold Project. The first of seven aircore lines has been completed at the Big Cat prospect. Initial composite assay results are very encouraging, showing further highgrade intercepts within the insitu saprolite at Big Cat. Mineralisation within the insitu material has predominantly been hosted within undifferentiated ultramafic saprolite at the base of holes. Mineralisation to date has been accompanied by little to no alteration or sulphides. The best composite sample intercepts include: JD21B002 5 metres @ 2.42 g/t Au from 60 metres; JD21B004 8 metres @ 6.52 g/t Au from 56 metres; JD21B005 2 metres @ 2.02 g/t Au from 60 metres. Drilling will continue at Big Cat during March and April. One metre sampling of significant intercepts will also occur as assay results are returned. There is over 500m of potential strike to be tested at Big Cat. During February 2,100m of infill aircore drilling was completed at Lynx. Best intercepts from this round of drilling include: JD21L056 6 metres @ 3.11 g/t Au from 29 metres, Including 1 metre @ 14.40g/t from 29 metres; JD21L059 2 metres @ 2.54 g/t Au from 36 metres, Including 1 metre @ 4.62g/t from 36 metres; JD21L092 7 metres @ 2.26 g/t Au from 36 metres. Drilling has identified a broader zone of mineralisation, interpreted to be hosted within shallow west dipping veins. This type of mineralisation is synonymous with deposits in the immediate area (Black Cat/Pride of the Jaurdi). Targets generated from Lynx aircore drilling include: Bottom of hole intercepts in holes JD20L039 - 1m @ 15.3g/t and JDL018 4m @ 2.4g/t; and Economic gold grades within the palaeochannel including holes JD21L092 7m @ 2.3g/t and BCW048 - 5m @ 9.9g/t. Followup RC drilling will be scheduled for drilling in Fourth Quarter FY2021. Aircore drilling has continued throughout the quarter, with minor delays incurred due to weather. To date the Company has completed over 10,000m of the planned 14,000m for the quarter. There continues to be delays in assay turn around, however this is far less significant than in late 2020. The Company is currently planning RC drilling to follow up high priority targets at Lynx and Big Cat, along with a `first pass' program beneath the historic Min Min Light workings. Commencement of the airborne magnetic survey at Jaurdi Hills is on track to commence in the coming days. The results are highly anticipated and will to aide with further exploration targeting. The below aircore drilling has been completed at the Transline PGE project and Lost Dog, with assays expected to be finalised and reported over the coming weeks. 2,500m at Lost Dog Panel 4 pit; 1,300 at Lost Dog Panel 3 pit; 1,500m at Lost Dog East Extension area; and 2,700m at Transline PGE anomaly.Recent Insider Transactions Derivative • Mar 05Executive Chairman & MD exercised options to buy AU$998k worth of stock.On the 2nd of March, Graham McGarry exercised options to buy 26m shares at a strike price of around AU$0.025, costing a total of AU$640k. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. Since June 2020, Graham's direct individual holding has increased from 244.37m shares to 355.39m. Company insiders have collectively bought AU$4.1m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Feb 24Executive Chairman & MD exercised options to buy AU$3.4m worth of stock.On the 22nd of February, Graham McGarry exercised options to buy 83m shares at a strike price of around AU$0.025, costing a total of AU$2.1m. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since June 2020, Graham's direct individual holding has increased from 244.37m shares to 329.79m. Company insiders have collectively bought AU$3.4m more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Feb 15Beacon Minerals Limited's (ASX:BCN) Stock Is Going Strong: Have Financials A Role To Play?Most readers would already be aware that Beacon Minerals' (ASX:BCN) stock increased significantly by 8.3% over the past...Recent Insider Transactions • Jan 16Executive Chairman & MD recently bought AU$72k worth of stockOn the 7th of January, Graham McGarry bought around 2m shares on-market at roughly AU$0.036 per share. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months.分析記事 • Jan 11Here's Why We Don't Think Beacon Minerals's (ASX:BCN) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...お知らせ • Dec 20Beacon Minerals Limited Provides Update on its Recent Exploration Activities in the Black Cat and Lost Dog Areas at the 100% Owned Jaurdi Gold ProjectBeacon Minerals Limited provided an update on its recent exploration activities in the Black Cat and Lost Dog areas at the 100% owned Jaurdi Gold Project. A total of 76 vertical aircore drill holes were drilled for 2,992 metres on three northsouth orientated traverses located 150 metres apart. Results confirm that the Lost Dog gold mineralised system continues to the east for approximately 700 metres. Grades in excess of 1 g/t Au are present as two parallel palaeochannel horizons at depths between 15 and 25 metres below surface. Significant intersections include: JD20E010 - 12 metres at 1.01 g/t Au from 16 metres Including 4 metres at 2.28 g/t Au from 17 metres; JD20E034 - 3 metres at 1.10 g/t Au from 12 metres; JD20E037 - 3 metres at 1.41 g/t Au from 20 metres; JD20E045 - 1 metre at 11.75 g/t Au from 41 metres; JD20E048 - 1 metres at 2.13 g/t Au from 22 metres. A first pass aircore drilling program was completed over the Alley Cat trend auger soil anomalies which included 56 angled aircore holes for 1,138 metres. Six lines of aircore drilling were completed. Numerous anomalous intercepts above 0.1g/t Au were returned indicating that further aircore testing is warranted to better define the gold anomalous trends and corridors identified by this 6 line programme. Best intercepts include JD20AC052 which intersected 1 metre at 1.17 g/t Au from 2 metres and JD20AC054 which intersected 1 metre at 4.0 g/t Au from 20 metres. First pass RC drilling was completed over the Golden Cat prospect during September 2020 with 16 angled RC holes being drilled for 920 metres. Results were not encouraging with just a few >0.10g/t Au intercepts returned from the central parts of the auger soil anomaly. No further work is warranted at the Golden Cat prospect.お知らせ • Nov 11Beacon Minerals Limited Announces Beacon Minerals Exploration UpdateBeacon Minerals Limited provided an update of activities at its 100% owned Jaurdi Gold Project. The programme produced strong results supporting the current interpretation of the Black Cat South mineralisation. The mineralisation is characterised by quartzpyrite stockwork veins hosted in a basalt/gabbro host rock. The Black Cat south mineralisation is open at depth dipping to the west. Significant intercepts included: BCRC008 -12 metres @ 2.11 g/t Au from 35 metres, BCRC008 -7 metres @ 2.85 g/t Au from 53 metres, BCRC014 -11 metres @ 1.66 g/t Au from 47 metres, BCRC015 -4 metres @ 3.86 g/t Au from 38 metres, BCRC017 -9 metres @ 2.63 g/t Au from 36 metres, BCRC024 -3 metres @ 4.96 g/t Au from 48 metres, BCRC030 -4 metres @ 3.91 g/t Au from 35 metres, BCRC032 -7 metres @ 2.50 g/t Au from 30 metres; A Mineral Resource will be built using both the historical and recently acquired drilling data. A programme of 25 holes for 1,028 metres of aircore drilling was completed in September 2020 at the Lynx prospect located 330 metres south of the Black Cat South orebody. The programme targeted an auger soil gold anomaly (20 ppb Au contour) which is 220 metres wide with a north west - south east orientated strike length of 450 metres with a peak value of 381ppb Au. Drill holes were spaced 40 metres on section on 100 metre line spacings along strike. The results from JD20L017 and JD20L018 are of particular interest given that they are all from the same drill traverse and the gold intercepts are associated with quartz veining in a strongly foliated gabbro (lower saprolite and saprock), a similar geological setting to the nearby Black Cat and Black Cat South gold occurrences. Significant results include: JD20L018 -9 metres @ 2.25 g/t Au from 32 metres, JD20L005 - 4 metres @ 1.61 g/t au from 46 metres, JD20L017 - 5 metres @ 0.48 g/t Au from 40 metres, JD20L023 - 4 metres @ 0.28 g/t Au from 32 metres. The Company notes that the results reported are composite values and Beacon Minerals is awaiting on the results of the one metre splits.お知らせ • Nov 10Beacon Minerals Limited Announces Executive ChangesBeacon Minerals Limited announced the appointment of Jason Bontempo as a NonExecutive Director of the Company. Mr. Bontempo's appointment is effective following closure of the Company's Annual General Meeting of Shareholders. Mr. Bontempo has 22 years' experience in public company management, corporate advisory, investment banking and public company accounting, since qualifying as a chartered accountant with Ernst & Young. Mr. Bontempo has worked primarily serving on the board and the executive management of minerals and resources public companies focusing on advancing, financing and developing mineral resource assets and business development. Mr. Bontempo also provides corporate advice services for the financing of resource companies across multiple capital markets and resource asset acquisitions and divestments. Beacon further advises that Mr. Geoffrey Greenhill will remain on the Board of the Company as a Non Executive Director. The Company also advises that both Mr. Alexander McCulloch and Mr. Rodney Johns have resigned from the Board of Directors to focus on other commitments. Attached are the Appendix 3Z's for Mr. McCulloch and Mr. Johns.お知らせ • Aug 11+ 1 more updateBeacon Minerals Limited (ASX:BCN) entered into an agreement Mining lease ML16/529 from Fenton And Martin Mining Developments Pty Ltd. for AUD 0.1 million.Beacon Minerals Limited (ASX:BCN) entered into an agreement Mining lease ML16/529 from Fenton And Martin Mining Developments Pty Ltd. for AUD 0.1 million on March 20, 2017. Beacon has exercised the option to acquire 100% by paying AUD 0.1 million to purchase the tenement, Beacon will pay an initial royalty of $90 per refined ounce of gold for the first 10,000 ounces produced from the tenement and $80 per refined ounce of gold produced thereafter. A pre-paid royalty of $900,000 will be paid to Fenton and Martin upon the transfer of the tenement and this amount will satisfy the royalty payments up to this amount. The deal is subject to due diligence and approval of Minister of Mines for the tenement transfer approval. As of May 5, 2017, the transaction has been approved by the Minister of Mines.株主還元BCNAU Metals and MiningAU 市場7D-19.2%-8.3%-1.7%1Y118.5%49.3%1.0%株主還元を見る業界別リターン: BCN過去 1 年間で49.3 % の収益を上げたAustralian Metals and Mining業界を上回りました。リターン対市場: BCN過去 1 年間で1 % の収益を上げたAustralian市場を上回りました。価格変動Is BCN's price volatile compared to industry and market?BCN volatilityBCN Average Weekly Movement9.9%Metals and Mining Industry Average Movement12.2%Market Average Movement10.5%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.4%安定した株価: BCN 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: BCNの 週次ボラティリティ ( 10% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2006n/aGraham McGarrywww.beaconminerals.com.auビーコン・ミネラルズ社（Beacon Minerals Limited）は、その子会社とともに西オーストラリア州で鉱物の開発と生産に従事している。主に金の探鉱を行っている。同社は2006年に法人化され、オーストラリアのボールダーに拠点を置く。もっと見るBeacon Minerals Limited 基礎のまとめBeacon Minerals の収益と売上を時価総額と比較するとどうか。BCN 基礎統計学時価総額AU$264.78m収益（TTM）AU$8.09m売上高(TTM)AU$134.03m32.7xPER（株価収益率2.0xP/SレシオBCN は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BCN 損益計算書（TTM）収益AU$134.03m売上原価AU$108.72m売上総利益AU$25.32mその他の費用AU$17.23m収益AU$8.09m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）0.072グロス・マージン18.89%純利益率6.03%有利子負債／自己資本比率11.3%BCN の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.7%現在の配当利回り52%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 18:16終値2026/05/21 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Beacon Minerals Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to AU$2.36, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 102% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to AU$2.76, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 144% over the past three years.
Reported Earnings • Mar 05First half 2026 earnings released: EPS: AU$0.14 (vs AU$0.072 loss in 1H 2025)First half 2026 results: EPS: AU$0.14 (up from AU$0.072 loss in 1H 2025). Revenue: AU$82.9m (up 102% from 1H 2025). Net income: AU$14.8m (up AU$22.1m from 1H 2025). Profit margin: 18% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Dec 02Upcoming dividend of AU$0.05 per shareEligible shareholders must have bought the stock before 09 December 2025. Payment date: 18 December 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.5%. Lower than top quartile of Australian dividend payers (5.7%). Lower than average of industry peers (3.6%).
お知らせ • Oct 13Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025. Location: at the melbourne hotel, 33 milligan street, wa 6000, perth Australia
分析記事 • Sep 29Is Beacon Minerals (ASX:BCN) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to AU$2.36, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 102% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to AU$2.76, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 144% over the past three years.
Reported Earnings • Mar 05First half 2026 earnings released: EPS: AU$0.14 (vs AU$0.072 loss in 1H 2025)First half 2026 results: EPS: AU$0.14 (up from AU$0.072 loss in 1H 2025). Revenue: AU$82.9m (up 102% from 1H 2025). Net income: AU$14.8m (up AU$22.1m from 1H 2025). Profit margin: 18% (up from net loss in 1H 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Dec 02Upcoming dividend of AU$0.05 per shareEligible shareholders must have bought the stock before 09 December 2025. Payment date: 18 December 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.5%. Lower than top quartile of Australian dividend payers (5.7%). Lower than average of industry peers (3.6%).
お知らせ • Oct 13Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025Beacon Minerals Limited, Annual General Meeting, Nov 26, 2025. Location: at the melbourne hotel, 33 milligan street, wa 6000, perth Australia
分析記事 • Sep 29Is Beacon Minerals (ASX:BCN) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Sep 01An undisclosed buyer acquired 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million.An undisclosed buyer acquired 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million on September 1, 2025. A cash consideration of AUD 5.91 million valued at AUD 0.165 per share will be paid by the buyer. As part of consideration, AUD 5.91 million is paid towards common equity of Astral Resources NL. An undisclosed buyer completed the acquisition of 2.88% stake in Astral Resources NL (ASX:AAR) from Beacon Minerals Limited (ASX:BCN) for AUD 5.9 million on September 1, 2025.
Reported Earnings • Aug 31Full year 2025 earnings released: AU$0.003 loss per share (vs AU$0.098 profit in FY 2024)Full year 2025 results: AU$0.003 loss per share (down from AU$0.098 profit in FY 2024). Revenue: AU$92.7m (up 12% from FY 2024). Net loss: AU$14.0m (down 252% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
分析記事 • Aug 08Beacon Minerals Limited (ASX:BCN) Surges 26% Yet Its Low P/S Is No Reason For ExcitementASX:BCN 1 Year Share Price vs Fair Value Explore Beacon Minerals's Fair Values from the Community and select yours...
お知らせ • Jul 21Beacon Minerals Limited (ASX:BCN) announces an Equity Buyback for 9,391,920 shares, representing 8.89% for AUD 12 million.Beacon Minerals Limited (ASX:BCN) announces a share repurchase program. Under the program, the company will repurchase up to 9,391,920 shares, representing 8.89% of it's issued share capital for AUD 12 million. The purpose of the On Market Buy-Back is to improve shareholder returns, enhance capital efficiency, and maintain sufficient flexibility to pursue future growth and investment opportunities. The program will continue till July 31, 2026.
New Risk • Jul 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$2.85m (US$1.87m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (AU$2.85m market cap, or US$1.87m).
分析記事 • Jun 18Is Beacon Minerals (ASX:BCN) Using Debt In A Risky Way?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Recent Insider Transactions • May 10Executive Chairman & MD recently bought AU$235k worth of stockOn the 8th of May, Graham McGarry bought around 8m shares on-market at roughly AU$0.028 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Graham has been a buyer over the last 12 months, purchasing a net total of AU$428k worth in shares.
Recent Insider Transactions • Mar 20Executive Chairman & MD recently bought AU$192k worth of stockOn the 17th of March, Graham McGarry bought around 8m shares on-market at roughly AU$0.025 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months.
New Risk • Feb 28New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (AU$105.7m market cap, or US$65.9m).
お知らせ • Feb 27Astral Resources NL (ASX:AAR) acquired 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) for AUD 2.2 million.Astral Resources NL (ASX:AAR) acquired 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) for AUD 2.2 million on February 27, 2025. Astral Resources NL (ASX:AAR) completed the acquisition of 7.7% stake in Maximus Resources Limited (ASX:MXR) from Beacon Minerals Limited (ASX:BCN) on February 27, 2025.
New Risk • Nov 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (AU$93.0m market cap, or US$60.1m).
お知らせ • Nov 01Beacon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 10.331112 million.Beacon Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 10.331112 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 469,596,021 Price\Range: AUD 0.022 Discount Per Security: AUD 0.00132 Security Features: Attached Options Transaction Features: Rights Offering
お知らせ • Oct 14Beacon Minerals Limited, Annual General Meeting, Nov 18, 2024Beacon Minerals Limited, Annual General Meeting, Nov 18, 2024. Location: at the boulevard centre, 99 the boulevard, floreat wa 6014 Australia
お知らせ • Sep 20Beacon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.331112 million.Beacon Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.331112 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 469,596,021 Price\Range: AUD 0.022 Discount Per Security: AUD 0.00132 Security Features: Attached Options Transaction Features: Rights Offering
分析記事 • Sep 07We Think Beacon Minerals' (ASX:BCN) Profit Is Only A Baseline For What They Can AchieveEven though Beacon Minerals Limited's ( ASX:BCN ) recent earnings release was robust, the market didn't seem to notice...
Reported Earnings • Aug 31Full year 2024 earnings released: EPS: AU$0.002 (vs AU$0.001 in FY 2023)Full year 2024 results: EPS: AU$0.002 (up from AU$0.001 in FY 2023). Revenue: AU$83.4m (up 15% from FY 2023). Net income: AU$8.74m (up 67% from FY 2023). Profit margin: 11% (up from 7.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jul 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to AU$0.026. The fair value is estimated to be AU$0.034, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 55%.
Buy Or Sell Opportunity • Jun 11Now 24% undervaluedOver the last 90 days, the stock has risen 4.2% to AU$0.025. The fair value is estimated to be AU$0.033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 55%.
分析記事 • May 23Estimating The Fair Value Of Beacon Minerals Limited (ASX:BCN)Key Insights Beacon Minerals' estimated fair value is AU$0.032 based on Dividend Discount Model With AU$0.029 share...
Buy Or Sell Opportunity • May 14Now 20% undervaluedOver the last 90 days, the stock has risen 18% to AU$0.026. The fair value is estimated to be AU$0.033, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% over the last 3 years. Earnings per share has declined by 55%.
分析記事 • Apr 26There's No Escaping Beacon Minerals Limited's (ASX:BCN) Muted Earnings Despite A 30% Share Price RiseThe Beacon Minerals Limited ( ASX:BCN ) share price has done very well over the last month, posting an excellent gain...
Buy Or Sell Opportunity • Jan 19Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to AU$0.024. The fair value is estimated to be AU$0.031, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 47%.
Buying Opportunity • Dec 19Now 22% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be AU$0.032, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 47%.
New Risk • Dec 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 131% Dividend yield: 7.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 143% Cash payout ratio: 131% Minor Risks Profit margins are more than 30% lower than last year (7.2% net profit margin). Market cap is less than US$100m (AU$101.4m market cap, or US$66.4m).
お知らせ • Nov 30Beacon Minerals Limited Ordinary Shares to Be Deleted from OTC EquityBeacon Minerals Limited Ordinary Shares (Australia) will be deleted from OTC Equity effective November 29, 2023, due to Inactive Security.
お知らせ • Nov 22Beacon Minerals Limited Declares Fully Franked Dividend, Payable on 8 December 2023The Board of Beacon Minerals Limited declared a fully franked dividend of $0.001 per share. Ex-date is 28 November 2023; Record date is 29 November 2023; Dividend payment date is 8 December 2023.
分析記事 • Nov 20Here's Why It's Unlikely That Beacon Minerals Limited's (ASX:BCN) CEO Will See A Pay Rise This YearKey Insights Beacon Minerals will host its Annual General Meeting on 27th of November CEO Graham McGarry's total...
お知らせ • Oct 19+ 1 more updateBeacon Minerals Limited, Annual General Meeting, Nov 27, 2023Beacon Minerals Limited, Annual General Meeting, Nov 27, 2023, at 10:00 W. Australia Standard Time. Location: The Boulevard Centre, 99 The Boulevard, Floreat WA 6014 WA Australia Agenda: To consider adoption of remuneration report; to consider re election of director Geofrey Greenhill; and to consider increase in total aggregate remuneration for non executive directors.
Buying Opportunity • Sep 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be AU$0.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has declined by 47%.
Reported Earnings • Sep 01Full year 2023 earnings released: EPS: AU$0.001 (vs AU$0.004 in FY 2022)Full year 2023 results: EPS: AU$0.001 (down from AU$0.004 in FY 2022). Revenue: AU$72.4m (up 1.8% from FY 2022). Net income: AU$5.22m (down 65% from FY 2022). Profit margin: 7.2% (down from 21% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • Aug 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (dividend per share is over 22x cash flows per share). Market cap is less than US$100m (AU$97.7m market cap, or US$63.3m).
分析記事 • Mar 29A Look At The Intrinsic Value Of Beacon Minerals Limited (ASX:BCN)Key Insights The projected fair value for Beacon Minerals is AU$0.026 based on Dividend Discount Model Current share...
Reported Earnings • Mar 01First half 2023 earnings released: EPS: AU$0.001 (vs AU$0.002 in 1H 2022)First half 2023 results: EPS: AU$0.001 (down from AU$0.002 in 1H 2022). Revenue: AU$36.9m (up 3.3% from 1H 2022). Net income: AU$3.76m (down 49% from 1H 2022). Profit margin: 10% (down from 21% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.
Recent Insider Transactions • Dec 31Executive Chairman & MD recently bought AU$459k worth of stockOn the 23rd of December, Graham McGarry bought around 17m shares on-market at roughly AU$0.027 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months.
お知らせ • Nov 24Beacon Minerals Limited Declares Fully Franked Dividend, Payable on 9 December 2022The Board of Beacon Minerals Limited to declare a fully franked dividend of $0.001 per share. Ex-date is 29 November 2022, record date is 30 November 2022 and Dividend payment date is 9 December 2022.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non-Executive Director Sarah Shipway was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 06+ 1 more updateBeacon Minerals Limited (ASX: BCN) has executed an Offer Letter to acquire mining lease M15/621 and miscellaneous licence L15/355 GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd for AUD 10.75 million.Beacon Minerals Limited (ASX: BCN) has executed an Offer Letter to acquire mining lease M15/621 and miscellaneous licence L15/355 GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd for AUD 10.75 million on October 5, 2022. The Acquisition remains subject to and conditional upon Beacon and Geko executing a formalsale agreement.
Reported Earnings • Sep 01Full year 2022 earnings released: EPS: AU$0.004 (vs AU$0.007 in FY 2021)Full year 2022 results: EPS: AU$0.004 (down from AU$0.007 in FY 2021). Revenue: AU$71.2m (down 3.5% from FY 2021). Net income: AU$14.8m (down 27% from FY 2021). Profit margin: 21% (down from 28% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Jul 18Beacon Minerals Limited Provides Production Guidance for the Fiscal Year 2023Beacon Minerals Limited provided production guidance for the fiscal year 2023. The company expects full year guidance for fiscal year 2023 is at 24,000 oz to 28,000 oz.
分析記事 • Jul 04Beacon Minerals (ASX:BCN) Is Reinvesting At Lower Rates Of ReturnFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non-Executive Director Sarah Shipway was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jan 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Company Secretary & Independent Non-Executive Director Sarah Shipway was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Dec 15Beacon Minerals Limited Provides Jaurdi Gold Project October-November Production UpdateBeacon Minerals Limited provided an update of activities at the 100% owned Jaurdi Gold Project. Gold production is on track to exceed guidance for the December 2021 quarter with 5,338 oz's produced for the 2 months. Optimisation of the Jaurdi Plant continues with 67,396 dmt milled in October and a record throughput of 70,332 dmt was achieved in November. These throughput improvements relate to a higher percentage of lowgrade Lost Dog silcrete in the blend and a reduction in the sag mill feed size. The Company would like to advise that a Native Title compensation agreement between the Marlinyu Ghoorlie Group and Beacon Mining Pty Ltd. has been signed for tenement M16/561. Mining approvals for the Lost Dog Panel 3 (eastern panel) can now be advanced in the coming months. Alongside Kalgoorlie based business partners Pacific Energy (KPS) Pty Ltd, Beacon Minerals are investigating ways to embrace renewable energy and reduce the carbon fuel sources at the Jaurdi Gold Project. A proposal has been submitted for the integration of a Solar Farm and Battery Energy Storage System (BESS) to the existing diesel power station.
Recent Insider Transactions • Dec 13Executive Chairman & MD recently bought AU$998k worth of stockOn the 6th of December, Graham McGarry bought around 33m shares on-market at roughly AU$0.031 per share. This was the largest purchase by an insider in the last 3 months. Graham has been a buyer over the last 12 months, purchasing a net total of AU$1.1m worth in shares.
Reported Earnings • Sep 03Full year 2021 earnings released: EPS AU$0.007 (vs AU$0.004 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$73.7m (up 72% from FY 2020). Net income: AU$20.3m (up 86% from FY 2020). Profit margin: 28% (up from 26% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 01Beacon Minerals Limited Provides Forward Gold Sales UpdateBeacon Minerals Limited provided the below supplementary information. The Company previously advised that it had entered into a 9,000 ounce forward gold contract to be delivered in monthly instalments from June 2021 to November 2021 (Forward Sale Facility Agreement). The forward price ranges from AUD 2,426 to AUD 2,407 per ounce. The key terms of the Forward Sale Facility Agreement are as follows: The Forward Sale Facility Agreement was entered into between the Company and MKS (Switzerland) S.A., a corporation with headquarters in Switzerland (Forward Facility). The Forward Facility is effective on and from 19 April 2021 expires on 31 December 2021, the Company entered into the Forward Facility on 25 May 2021. The nature of the products being supplied pursuant to the Forward Facility is gold. The purpose of the Forward Facility is hedging Beacon's gold price exposure in relation to the Jaurdi Gold Project and to provide a secure cash margin on a portion of Beacon's future gold production.
お知らせ • May 26Beacon Minerals Limited Provides Exploration UpdateBeacon Minerals Limited announced that the exploration drilling at the Min Min Light gold project has been completed and drilling at the Black Cat South deposit has commenced. The reverse circulation (RC) drilling campaign will consist of 3,200 metres on 4 targets. The Company will pay a premium to ensure assay turnaround times are improved for these current exploration programs.
お知らせ • Mar 19Beacon Minerals Limited Announces Exploration Update, Further High Grades At Big CatBeacon Minerals Limited provided update on exploration activities at its Jaurdi Gold Project. The first of seven aircore lines has been completed at the Big Cat prospect. Initial composite assay results are very encouraging, showing further highgrade intercepts within the insitu saprolite at Big Cat. Mineralisation within the insitu material has predominantly been hosted within undifferentiated ultramafic saprolite at the base of holes. Mineralisation to date has been accompanied by little to no alteration or sulphides. The best composite sample intercepts include: JD21B002 5 metres @ 2.42 g/t Au from 60 metres; JD21B004 8 metres @ 6.52 g/t Au from 56 metres; JD21B005 2 metres @ 2.02 g/t Au from 60 metres. Drilling will continue at Big Cat during March and April. One metre sampling of significant intercepts will also occur as assay results are returned. There is over 500m of potential strike to be tested at Big Cat. During February 2,100m of infill aircore drilling was completed at Lynx. Best intercepts from this round of drilling include: JD21L056 6 metres @ 3.11 g/t Au from 29 metres, Including 1 metre @ 14.40g/t from 29 metres; JD21L059 2 metres @ 2.54 g/t Au from 36 metres, Including 1 metre @ 4.62g/t from 36 metres; JD21L092 7 metres @ 2.26 g/t Au from 36 metres. Drilling has identified a broader zone of mineralisation, interpreted to be hosted within shallow west dipping veins. This type of mineralisation is synonymous with deposits in the immediate area (Black Cat/Pride of the Jaurdi). Targets generated from Lynx aircore drilling include: Bottom of hole intercepts in holes JD20L039 - 1m @ 15.3g/t and JDL018 4m @ 2.4g/t; and Economic gold grades within the palaeochannel including holes JD21L092 7m @ 2.3g/t and BCW048 - 5m @ 9.9g/t. Followup RC drilling will be scheduled for drilling in Fourth Quarter FY2021. Aircore drilling has continued throughout the quarter, with minor delays incurred due to weather. To date the Company has completed over 10,000m of the planned 14,000m for the quarter. There continues to be delays in assay turn around, however this is far less significant than in late 2020. The Company is currently planning RC drilling to follow up high priority targets at Lynx and Big Cat, along with a `first pass' program beneath the historic Min Min Light workings. Commencement of the airborne magnetic survey at Jaurdi Hills is on track to commence in the coming days. The results are highly anticipated and will to aide with further exploration targeting. The below aircore drilling has been completed at the Transline PGE project and Lost Dog, with assays expected to be finalised and reported over the coming weeks. 2,500m at Lost Dog Panel 4 pit; 1,300 at Lost Dog Panel 3 pit; 1,500m at Lost Dog East Extension area; and 2,700m at Transline PGE anomaly.
Recent Insider Transactions Derivative • Mar 05Executive Chairman & MD exercised options to buy AU$998k worth of stock.On the 2nd of March, Graham McGarry exercised options to buy 26m shares at a strike price of around AU$0.025, costing a total of AU$640k. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. Since June 2020, Graham's direct individual holding has increased from 244.37m shares to 355.39m. Company insiders have collectively bought AU$4.1m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Feb 24Executive Chairman & MD exercised options to buy AU$3.4m worth of stock.On the 22nd of February, Graham McGarry exercised options to buy 83m shares at a strike price of around AU$0.025, costing a total of AU$2.1m. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since June 2020, Graham's direct individual holding has increased from 244.37m shares to 329.79m. Company insiders have collectively bought AU$3.4m more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Feb 15Beacon Minerals Limited's (ASX:BCN) Stock Is Going Strong: Have Financials A Role To Play?Most readers would already be aware that Beacon Minerals' (ASX:BCN) stock increased significantly by 8.3% over the past...
Recent Insider Transactions • Jan 16Executive Chairman & MD recently bought AU$72k worth of stockOn the 7th of January, Graham McGarry bought around 2m shares on-market at roughly AU$0.036 per share. This was the largest purchase by an insider in the last 3 months. This was Graham's only on-market trade for the last 12 months.
分析記事 • Jan 11Here's Why We Don't Think Beacon Minerals's (ASX:BCN) Statutory Earnings Reflect Its Underlying Earnings PotentialMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
お知らせ • Dec 20Beacon Minerals Limited Provides Update on its Recent Exploration Activities in the Black Cat and Lost Dog Areas at the 100% Owned Jaurdi Gold ProjectBeacon Minerals Limited provided an update on its recent exploration activities in the Black Cat and Lost Dog areas at the 100% owned Jaurdi Gold Project. A total of 76 vertical aircore drill holes were drilled for 2,992 metres on three northsouth orientated traverses located 150 metres apart. Results confirm that the Lost Dog gold mineralised system continues to the east for approximately 700 metres. Grades in excess of 1 g/t Au are present as two parallel palaeochannel horizons at depths between 15 and 25 metres below surface. Significant intersections include: JD20E010 - 12 metres at 1.01 g/t Au from 16 metres Including 4 metres at 2.28 g/t Au from 17 metres; JD20E034 - 3 metres at 1.10 g/t Au from 12 metres; JD20E037 - 3 metres at 1.41 g/t Au from 20 metres; JD20E045 - 1 metre at 11.75 g/t Au from 41 metres; JD20E048 - 1 metres at 2.13 g/t Au from 22 metres. A first pass aircore drilling program was completed over the Alley Cat trend auger soil anomalies which included 56 angled aircore holes for 1,138 metres. Six lines of aircore drilling were completed. Numerous anomalous intercepts above 0.1g/t Au were returned indicating that further aircore testing is warranted to better define the gold anomalous trends and corridors identified by this 6 line programme. Best intercepts include JD20AC052 which intersected 1 metre at 1.17 g/t Au from 2 metres and JD20AC054 which intersected 1 metre at 4.0 g/t Au from 20 metres. First pass RC drilling was completed over the Golden Cat prospect during September 2020 with 16 angled RC holes being drilled for 920 metres. Results were not encouraging with just a few >0.10g/t Au intercepts returned from the central parts of the auger soil anomaly. No further work is warranted at the Golden Cat prospect.
お知らせ • Nov 11Beacon Minerals Limited Announces Beacon Minerals Exploration UpdateBeacon Minerals Limited provided an update of activities at its 100% owned Jaurdi Gold Project. The programme produced strong results supporting the current interpretation of the Black Cat South mineralisation. The mineralisation is characterised by quartzpyrite stockwork veins hosted in a basalt/gabbro host rock. The Black Cat south mineralisation is open at depth dipping to the west. Significant intercepts included: BCRC008 -12 metres @ 2.11 g/t Au from 35 metres, BCRC008 -7 metres @ 2.85 g/t Au from 53 metres, BCRC014 -11 metres @ 1.66 g/t Au from 47 metres, BCRC015 -4 metres @ 3.86 g/t Au from 38 metres, BCRC017 -9 metres @ 2.63 g/t Au from 36 metres, BCRC024 -3 metres @ 4.96 g/t Au from 48 metres, BCRC030 -4 metres @ 3.91 g/t Au from 35 metres, BCRC032 -7 metres @ 2.50 g/t Au from 30 metres; A Mineral Resource will be built using both the historical and recently acquired drilling data. A programme of 25 holes for 1,028 metres of aircore drilling was completed in September 2020 at the Lynx prospect located 330 metres south of the Black Cat South orebody. The programme targeted an auger soil gold anomaly (20 ppb Au contour) which is 220 metres wide with a north west - south east orientated strike length of 450 metres with a peak value of 381ppb Au. Drill holes were spaced 40 metres on section on 100 metre line spacings along strike. The results from JD20L017 and JD20L018 are of particular interest given that they are all from the same drill traverse and the gold intercepts are associated with quartz veining in a strongly foliated gabbro (lower saprolite and saprock), a similar geological setting to the nearby Black Cat and Black Cat South gold occurrences. Significant results include: JD20L018 -9 metres @ 2.25 g/t Au from 32 metres, JD20L005 - 4 metres @ 1.61 g/t au from 46 metres, JD20L017 - 5 metres @ 0.48 g/t Au from 40 metres, JD20L023 - 4 metres @ 0.28 g/t Au from 32 metres. The Company notes that the results reported are composite values and Beacon Minerals is awaiting on the results of the one metre splits.
お知らせ • Nov 10Beacon Minerals Limited Announces Executive ChangesBeacon Minerals Limited announced the appointment of Jason Bontempo as a NonExecutive Director of the Company. Mr. Bontempo's appointment is effective following closure of the Company's Annual General Meeting of Shareholders. Mr. Bontempo has 22 years' experience in public company management, corporate advisory, investment banking and public company accounting, since qualifying as a chartered accountant with Ernst & Young. Mr. Bontempo has worked primarily serving on the board and the executive management of minerals and resources public companies focusing on advancing, financing and developing mineral resource assets and business development. Mr. Bontempo also provides corporate advice services for the financing of resource companies across multiple capital markets and resource asset acquisitions and divestments. Beacon further advises that Mr. Geoffrey Greenhill will remain on the Board of the Company as a Non Executive Director. The Company also advises that both Mr. Alexander McCulloch and Mr. Rodney Johns have resigned from the Board of Directors to focus on other commitments. Attached are the Appendix 3Z's for Mr. McCulloch and Mr. Johns.
お知らせ • Aug 11+ 1 more updateBeacon Minerals Limited (ASX:BCN) entered into an agreement Mining lease ML16/529 from Fenton And Martin Mining Developments Pty Ltd. for AUD 0.1 million.Beacon Minerals Limited (ASX:BCN) entered into an agreement Mining lease ML16/529 from Fenton And Martin Mining Developments Pty Ltd. for AUD 0.1 million on March 20, 2017. Beacon has exercised the option to acquire 100% by paying AUD 0.1 million to purchase the tenement, Beacon will pay an initial royalty of $90 per refined ounce of gold for the first 10,000 ounces produced from the tenement and $80 per refined ounce of gold produced thereafter. A pre-paid royalty of $900,000 will be paid to Fenton and Martin upon the transfer of the tenement and this amount will satisfy the royalty payments up to this amount. The deal is subject to due diligence and approval of Minister of Mines for the tenement transfer approval. As of May 5, 2017, the transaction has been approved by the Minister of Mines.
