Boab Metals（BML）株式概要ボアブ・メタルズ社（Boab Metals Limited）は、オーストラリアで鉱区の探査と開発に従事している。 詳細BML ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長4/6過去の実績0/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より98.1%で取引されている 収益は年間59.83%増加すると予測されています リスク分析過去1年間で株主の希薄化は大幅に進んだ 収益が 100 万ドル未満 ( A$791K )すべてのリスクチェックを見るBML Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.436.7k% 割高 内在価値ディスカウントEst. Revenue$PastFuture-7m8m2016201920222025202620282031Revenue AU$7.9mEarnings AU$1.0mAdvancedSet Fair ValueView all narrativesFeatured narrative•Materials opportunityUpside Gold3 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 割安 内在価値ディスカウントAn Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.3kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrativeBoab Metals Limited 競合他社Northern MineralsSymbol: ASX:NTUMarket cap: AU$229.2mPRL GlobalSymbol: ASX:PRGMarket cap: AU$204.9mWaratah MineralsSymbol: ASX:WTMMarket cap: AU$214.1mOrion MineralsSymbol: ASX:ORNMarket cap: AU$246.9m価格と性能株価の高値、安値、推移の概要Boab Metals過去の株価現在の株価AU$0.4352週高値AU$0.7252週安値AU$0.14ベータ2.111ヶ月の変化2.38%3ヶ月変化-6.52%1年変化177.42%3年間の変化109.76%5年間の変化13.16%IPOからの変化-54.74%最新ニュースBoard Change • May 01Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Feb 03Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 101,057,108 Price\Range: AUD 0.4 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 48,942,892 Price\Range: AUD 0.4 Transaction Features: Subsequent Direct Listingお知らせ • Jan 27Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd.Boab Metals Limited (ASX:BML) exercised its right to acquire remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd for AUD 23 million on December 19, 2025. A cash consideration of AUD 12.5 million will be paid by Boab Metals Limited. Boab Metals Limited will pay an deferred payment of AUD 10.5 million cash. As part of consideration, AUD 23 million is paid towards Sorby Hills project. The expected completion of the transaction is January 2026. Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd January 27, 2026.Board Change • Dec 24Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 16+ 1 more updateBoab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million.Boab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,500,000 Price\Range: AUD 0.4お知らせ • Oct 24Boab Metals Limited, Annual General Meeting, Nov 25, 2025Boab Metals Limited, Annual General Meeting, Nov 25, 2025. Location: at the offices of the australian institute, of company directors, level 1, 77 st georges terrace, perth 6000, Australia最新情報をもっと見るRecent updatesBoard Change • May 01Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Feb 03Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 101,057,108 Price\Range: AUD 0.4 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 48,942,892 Price\Range: AUD 0.4 Transaction Features: Subsequent Direct Listingお知らせ • Jan 27Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd.Boab Metals Limited (ASX:BML) exercised its right to acquire remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd for AUD 23 million on December 19, 2025. A cash consideration of AUD 12.5 million will be paid by Boab Metals Limited. Boab Metals Limited will pay an deferred payment of AUD 10.5 million cash. As part of consideration, AUD 23 million is paid towards Sorby Hills project. The expected completion of the transaction is January 2026. Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd January 27, 2026.Board Change • Dec 24Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 16+ 1 more updateBoab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million.Boab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,500,000 Price\Range: AUD 0.4お知らせ • Oct 24Boab Metals Limited, Annual General Meeting, Nov 25, 2025Boab Metals Limited, Annual General Meeting, Nov 25, 2025. Location: at the offices of the australian institute, of company directors, level 1, 77 st georges terrace, perth 6000, AustraliaBoard Change • Aug 18Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Jun 16Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 37,500,000 Price\Range: AUD 0.16 Discount Per Security: AUD 0.0096 Transaction Features: Subsequent Direct Listingお知らせ • Apr 30Boab Metals Limited (ASX:BML) agreed to acquire DeGrussa Processing Plant from Sandfire Resources Limited (ASX:SFR) for AUD 10 million.Boab Metals Limited (ASX:BML) agreed to acquire DeGrussa Processing Plant from Sandfire Resources Limited (ASX:SFR) for AUD 10 million on April 30, 2025. A cash consideration will be paid by Boab Metals Limited. As part of consideration AUD 10 million is paid towards assets of DeGrussa Processing Plant. The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board. Completion (and the associated payment due at Completion) is conditional upon Boab reaching a final investment decision on the Sorby Hills Project which is anticipated in H2 2025.Board Change • Feb 04Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Dec 24Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 08Boab Metals Limited, Annual General Meeting, Nov 26, 2024Boab Metals Limited, Annual General Meeting, Nov 26, 2024.Reported Earnings • Sep 27Full year 2024 earnings released: AU$0.018 loss per share (vs AU$0.036 loss in FY 2023)Full year 2024 results: AU$0.018 loss per share (improved from AU$0.036 loss in FY 2023). Net loss: AU$3.32m (loss narrowed 44% from FY 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.New Risk • Sep 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Revenue is less than US$1m (AU$309k revenue, or US$212k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (AU$21.6m market cap, or US$14.9m).Breakeven Date Change • Sep 23Forecast breakeven date pushed back to 2027The analyst covering Boab Metals previously expected the company to break even in 2026. New forecast suggests the company will make a profit of AU$113.0m in 2027. Average annual earnings growth of 104% is required to achieve expected profit on schedule.New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (AU$309k revenue, or US$206k). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$23.1m market cap, or US$15.4m).お知らせ • May 03+ 1 more updateBoab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.716942 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.716942 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,169,415 Price\Range: AUD 0.1 Discount Per Security: AUD 0.005 Transaction Features: Subsequent Direct ListingBuy Or Sell Opportunity • Apr 02Now 37% overvaluedOver the last 90 days, the stock has fallen 18% to AU$0.14. The fair value is estimated to be AU$0.099, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 100% in a year. Earnings are forecast to grow by 41% in the next year.Reported Earnings • Mar 13First half 2024 earnings released: AU$0.015 loss per share (vs AU$0.02 loss in 1H 2023)First half 2024 results: AU$0.015 loss per share (improved from AU$0.02 loss in 1H 2023). Net loss: AU$2.38m (loss narrowed 26% from 1H 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.New Risk • Oct 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.0m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m (AU$299k revenue, or US$191k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$23.6m market cap, or US$15.0m).New Risk • Oct 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.5m (US$9.84m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.0m free cash flow). Revenue is less than US$1m (AU$299k revenue, or US$189k). Market cap is less than US$10m (AU$15.5m market cap, or US$9.84m). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding).お知らせ • Sep 26Boab Metals Limited, Annual General Meeting, Nov 06, 2023Boab Metals Limited, Annual General Meeting, Nov 06, 2023. Agenda: To consider re-election and appointment of Directors.Reported Earnings • Sep 26Full year 2023 earnings released: AU$0.036 loss per share (vs AU$0.044 loss in FY 2022)Full year 2023 results: AU$0.036 loss per share (improved from AU$0.044 loss in FY 2022). Net loss: AU$5.92m (loss narrowed 13% from FY 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.New Risk • Jul 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.6m free cash flow). Revenue is less than US$1m (AU$207k revenue, or US$138k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$27.0m market cap, or US$18.0m).Buying Opportunity • May 09Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be AU$0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to decline by 100% in a year. Earnings is forecast to grow by 25% in the next year.Reported Earnings • Mar 15First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.026 loss in 1H 2022)First half 2023 results: AU$0.02 loss per share (improved from AU$0.026 loss in 1H 2022). Net loss: AU$3.20m (loss narrowed 20% from 1H 2022). Revenue is forecast to grow 60% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.Buying Opportunity • Feb 22Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be AU$0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 100% in 2 years. Earnings is forecast to grow by 61% in the next 2 years.Breakeven Date Change • Jan 24Forecast breakeven date pushed back to 2025The analyst covering Boab Metals previously expected the company to break even in 2024. New forecast suggests losses will reduce by 34% per year to 2024. The company is expected to make a profit of AU$32.0m in 2025. Average annual earnings growth of 100% is required to achieve expected profit on schedule.お知らせ • Jan 23Boab Metals Limited Announces Final Assay Results from the Phase VI Drilling ProgramBoab Metals Limited announced the receipt of the final assay results from the Phase VI drilling program undertaken at its 75% owned Sorby Hills Lead-Silver-Zinc Project located in the Kimberley Region of Western Australia. Phase VI Overview & Objective: During the Phase VI drilling program, a total +3,020m were drilled across 28 RC holes including some that were pre-collared by mud rotary drilling and completed with RC drilling. A total of approximately 1,700 drill samples were submitted to Intertek Laboratories in Darwin all of which have been analysed for a broad spectrum of element analysis including Lead, Silver and Zinc. Beta Deposit: The Beta Deposit was drilled for the first time by Boab during the Phase V drilling campaign. The results from the company's initial drilling conformed with the revised interpretation of the mineralisation geometry. The Phase VI program at Beta included 18 drill holes for a total of 1,800m. The holes were sited with the aim of making the Resource more robust and at the same time expanding it. Infill drilling (SHMR_136) and drilling on the eastern periphery (SHMR_157, SHMR_163) and central northern area (SHMR_151) of the deposit delivered highly encouraging results while elsewhere, visual recognition of broad intervals of mineralisation did not reach the cut off grades for reporting and may indicate, in the west, the limits of the mineralisation. Positive results include: SHRC_157 (Beta): 7m at 19.17% PbEq, (16.23% Pb & 82g/t Ag) from 72m Incl 3m at 41.38% PbEq, (35.26% Pb & 174g/t Ag) from 72m; SHRC_136 (Beta): 20m at 7.39% PbEq, (5.58% Pb & 52g/t Ag) from 65m Incl 8m at 13.86% PbEq, (10.49% Pb & 96g/t Ag) from 77m; SHRC_163 (Beta): 13m at 2.90% PbEq, (2.26% Pb & 18g/t Ag) from 49m (New Result); SHRC_151 (Beta): 5m at 5.13% PbEq, (3.70% Pb & 41g/t Ag) from 40m (New Result). It is expected that these results will positively impact future Resource estimates, enable an improved Resource classification and the inclusion of a larger proportion of the Beta Mineral Resource into the Ore Reserve as well as support the plan for an additional campaign of resource expansion drilling. The most recent drilling campaign at Beta has shown, that tightening of the drill hole spacing can identify narrow but elongated high-grade lenses of mineralisation, as was noted in the 2021 drilling campaign at the Omega Deposit. The stratabound mineralisation at Beta is located above the Knox Formation (different to most of the rest of the Sorby Hills mineralisation) and is encountered in lenses or channel-like bodies over a vertical interval of about 80m. The mineralisation begins from around 40m below surface and can extend to about 120m below the surface. This understanding opens the way for significant extensions to the northeast of Beta that only has wider (> 200m) spaced historic drilling. Norton Deposit: Six RC drill holes for approximately 700m of drilling have been completed at the northern periphery of the Norton Deposit. Results received include: SHRC_143 (Norton N): 13m at 4.06% PbEq, (2.82% Pb & 35g/t Ag) from 95m Incl 5m at 5.35% PbEq, (3.91% Pb & 41g/t Ag) from 95m; SHRC_149 (Norton N): 2m at 16.64% PbEq, (10.92% Pb & 163g/t Ag) from 103m (New Result, terminated in mineralisation); SHRC_147 (Norton N): 11m at 5.74% PbEq, (3.84% Pb & 54 g/t Ag) from 86m (New Result). Unfortunately, drill hole SHMR_149 had to be terminated in mineralisation due to poor ground conditions. The drill hole remains accessible and can possibly be extended by diamond drilling. Furthermore, the intercepts of mineralisation in holes SHMR_147 and SHMR_149 were made on the periphery of the Norton resource and therefore provide a further opportunity for the extension of the Mineral Resource envelope.Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 04Full year 2022 earnings released: AU$0.044 loss per share (vs AU$0.036 loss in FY 2021)Full year 2022 results: AU$0.044 loss per share (down from AU$0.036 loss in FY 2021). Net loss: AU$6.80m (loss widened 35% from FY 2021). Over the next year, revenue is expected to shrink by 100% compared to a 89,421% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year.Buying Opportunity • Jun 04Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be AU$0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to decline by 100% in a year. Earnings is forecast to grow by 40% in the next year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 09First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.026 loss per share (down from AU$0.018 loss in 1H 2021). Net loss: AU$4.01m (loss widened 68% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 100% compared to a 1,076% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Breakeven Date Change • Sep 30Forecast to breakeven in 2024The analyst covering Boab Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$52.0m in 2024. Average annual earnings growth of 106% is required to achieve expected profit on schedule.Reported Earnings • Sep 23Full year 2021 earnings released: AU$0.035 loss per share (vs AU$0.028 loss in FY 2020)Full year 2021 results: Net loss: AU$5.04m (loss widened 61% from FY 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Breakeven Date Change • Jun 30Forecast to breakeven in 2024The analyst covering Boab Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$37.1m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Reported Earnings • Mar 19First half 2021 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in 1H 2020)First half 2021 results: Net loss: AU$2.39m (loss widened 22% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.Is New 90 Day High Low • Feb 27New 90-day low: AU$0.41The company is down 9.0% from its price of AU$0.45 on 27 November 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 18% over the same period.Reported Earnings • Oct 02Full year earnings released - AU$0.0011 loss per shareOver the last 12 months the company has reported total losses of AU$3.13m, with losses narrowing by 6.4% from the prior year.株主還元BMLAU Metals and MiningAU 市場7D8.9%4.4%0.2%1Y177.4%57.3%5.8%株主還元を見る業界別リターン: BML過去 1 年間で57.3 % 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: BML過去 1 年間で5.8 % の収益を上げたAustralian市場を上回りました。価格変動Is BML's price volatile compared to industry and market?BML volatilityBML Average Weekly Movement12.3%Metals and Mining Industry Average Movement12.0%Market Average Movement10.5%10% most volatile stocks in AU Market17.2%10% least volatile stocks in AU Market4.5%安定した株価: BML 、 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: BMLの 週次ボラティリティ ( 12% ) 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2003n/aSimon Noonboabmetals.comBoab Metals社は、オーストラリアで鉱区の探査と開発に従事している。主に亜鉛、銀、コバルト、銅、鉛鉱床を探鉱している。同社は、西オーストラリア州キンバリー地方にある主要鉱区ソービー・ヒルズ・プロジェクトの75％の権益を保有している。また、ノーザン・テリトリー州にあるマンバラム・プロジェクト、西オーストラリア州キンバリー地域にある面積206平方キロメートルのエイト・マイル・クリーク探鉱鉱区、カッパーマイン・クリーク・プロスペクトの北近くにあるライムストーン・クリークの100％権益、マッカーサー盆地とマウント・アイザ盆地にある9つの探鉱ライセンスと1つの採掘ライセンスからなるボロロラ・ウェスト・ジョイントベンチャー・プロジェクトの51％権益も保有している。同社は以前はパシフィコ・ミネラルズ・リミテッドとして知られていたが、2021年1月にボアブ・メタルズ・リミテッドに社名を変更した。Boab Metals Limitedは2003年に設立され、オーストラリアのウェスト・パースに拠点を置く。もっと見るBoab Metals Limited 基礎のまとめBoab Metals の収益と売上を時価総額と比較するとどうか。BML 基礎統計学時価総額AU$244.95m収益（TTM）-AU$3.88m売上高(TTM)AU$790.95k309.7xP/Sレシオ-63.1xPER（株価収益率BML 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BML 損益計算書（TTM）収益AU$790.95k売上原価AU$0売上総利益AU$790.95kその他の費用AU$4.67m収益-AU$3.88m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）-0.0067グロス・マージン100.00%純利益率-491.00%有利子負債／自己資本比率0%BML の長期的なパフォーマンスは？過去の実績と比較を見る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2026/05/09 08:54終値2026/05/08 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Boab Metals Limited 1 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。1 アナリスト機関Andrew HinesShaw and Partners Limited
Featured narrative•Materials opportunityUpside Gold3 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 割安 内在価値ディスカウントAn Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.3kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrative
Board Change • May 01Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Feb 03Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 101,057,108 Price\Range: AUD 0.4 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 48,942,892 Price\Range: AUD 0.4 Transaction Features: Subsequent Direct Listing
お知らせ • Jan 27Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd.Boab Metals Limited (ASX:BML) exercised its right to acquire remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd for AUD 23 million on December 19, 2025. A cash consideration of AUD 12.5 million will be paid by Boab Metals Limited. Boab Metals Limited will pay an deferred payment of AUD 10.5 million cash. As part of consideration, AUD 23 million is paid towards Sorby Hills project. The expected completion of the transaction is January 2026. Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd January 27, 2026.
Board Change • Dec 24Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 16+ 1 more updateBoab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million.Boab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,500,000 Price\Range: AUD 0.4
お知らせ • Oct 24Boab Metals Limited, Annual General Meeting, Nov 25, 2025Boab Metals Limited, Annual General Meeting, Nov 25, 2025. Location: at the offices of the australian institute, of company directors, level 1, 77 st georges terrace, perth 6000, Australia
Board Change • May 01Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Feb 03Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 60 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 101,057,108 Price\Range: AUD 0.4 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 48,942,892 Price\Range: AUD 0.4 Transaction Features: Subsequent Direct Listing
お知らせ • Jan 27Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd.Boab Metals Limited (ASX:BML) exercised its right to acquire remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd for AUD 23 million on December 19, 2025. A cash consideration of AUD 12.5 million will be paid by Boab Metals Limited. Boab Metals Limited will pay an deferred payment of AUD 10.5 million cash. As part of consideration, AUD 23 million is paid towards Sorby Hills project. The expected completion of the transaction is January 2026. Boab Metals Limited (ASX:BML) completed the acquisition of remaining 25% stake in Sorby Hills project from Yuguang (Australia) Pty Ltd January 27, 2026.
Board Change • Dec 24Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 16+ 1 more updateBoab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million.Boab Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 7 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,500,000 Price\Range: AUD 0.4
お知らせ • Oct 24Boab Metals Limited, Annual General Meeting, Nov 25, 2025Boab Metals Limited, Annual General Meeting, Nov 25, 2025. Location: at the offices of the australian institute, of company directors, level 1, 77 st georges terrace, perth 6000, Australia
Board Change • Aug 18Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Jun 16Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 6 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 37,500,000 Price\Range: AUD 0.16 Discount Per Security: AUD 0.0096 Transaction Features: Subsequent Direct Listing
お知らせ • Apr 30Boab Metals Limited (ASX:BML) agreed to acquire DeGrussa Processing Plant from Sandfire Resources Limited (ASX:SFR) for AUD 10 million.Boab Metals Limited (ASX:BML) agreed to acquire DeGrussa Processing Plant from Sandfire Resources Limited (ASX:SFR) for AUD 10 million on April 30, 2025. A cash consideration will be paid by Boab Metals Limited. As part of consideration AUD 10 million is paid towards assets of DeGrussa Processing Plant. The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board. Completion (and the associated payment due at Completion) is conditional upon Boab reaching a final investment decision on the Sorby Hills Project which is anticipated in H2 2025.
Board Change • Feb 04Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 • Dec 24Less 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. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. 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 08Boab Metals Limited, Annual General Meeting, Nov 26, 2024Boab Metals Limited, Annual General Meeting, Nov 26, 2024.
Reported Earnings • Sep 27Full year 2024 earnings released: AU$0.018 loss per share (vs AU$0.036 loss in FY 2023)Full year 2024 results: AU$0.018 loss per share (improved from AU$0.036 loss in FY 2023). Net loss: AU$3.32m (loss narrowed 44% from FY 2023). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
New Risk • Sep 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Revenue is less than US$1m (AU$309k revenue, or US$212k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (AU$21.6m market cap, or US$14.9m).
Breakeven Date Change • Sep 23Forecast breakeven date pushed back to 2027The analyst covering Boab Metals previously expected the company to break even in 2026. New forecast suggests the company will make a profit of AU$113.0m in 2027. Average annual earnings growth of 104% is required to achieve expected profit on schedule.
New Risk • Jun 06New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (AU$309k revenue, or US$206k). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (AU$23.1m market cap, or US$15.4m).
お知らせ • May 03+ 1 more updateBoab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.716942 million.Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.716942 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 17,169,415 Price\Range: AUD 0.1 Discount Per Security: AUD 0.005 Transaction Features: Subsequent Direct Listing
Buy Or Sell Opportunity • Apr 02Now 37% overvaluedOver the last 90 days, the stock has fallen 18% to AU$0.14. The fair value is estimated to be AU$0.099, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 100% in a year. Earnings are forecast to grow by 41% in the next year.
Reported Earnings • Mar 13First half 2024 earnings released: AU$0.015 loss per share (vs AU$0.02 loss in 1H 2023)First half 2024 results: AU$0.015 loss per share (improved from AU$0.02 loss in 1H 2023). Net loss: AU$2.38m (loss narrowed 26% from 1H 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
New Risk • Oct 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.0m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m (AU$299k revenue, or US$191k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$23.6m market cap, or US$15.0m).
New Risk • Oct 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.5m (US$9.84m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.0m free cash flow). Revenue is less than US$1m (AU$299k revenue, or US$189k). Market cap is less than US$10m (AU$15.5m market cap, or US$9.84m). Minor Risk Shareholders have been diluted in the past year (14% increase in shares outstanding).
お知らせ • Sep 26Boab Metals Limited, Annual General Meeting, Nov 06, 2023Boab Metals Limited, Annual General Meeting, Nov 06, 2023. Agenda: To consider re-election and appointment of Directors.
Reported Earnings • Sep 26Full year 2023 earnings released: AU$0.036 loss per share (vs AU$0.044 loss in FY 2022)Full year 2023 results: AU$0.036 loss per share (improved from AU$0.044 loss in FY 2022). Net loss: AU$5.92m (loss narrowed 13% from FY 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.6m free cash flow). Revenue is less than US$1m (AU$207k revenue, or US$138k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$27.0m market cap, or US$18.0m).
Buying Opportunity • May 09Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be AU$0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to decline by 100% in a year. Earnings is forecast to grow by 25% in the next year.
Reported Earnings • Mar 15First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.026 loss in 1H 2022)First half 2023 results: AU$0.02 loss per share (improved from AU$0.026 loss in 1H 2022). Net loss: AU$3.20m (loss narrowed 20% from 1H 2022). Revenue is forecast to grow 60% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Australia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
Buying Opportunity • Feb 22Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be AU$0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 32% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 100% in 2 years. Earnings is forecast to grow by 61% in the next 2 years.
Breakeven Date Change • Jan 24Forecast breakeven date pushed back to 2025The analyst covering Boab Metals previously expected the company to break even in 2024. New forecast suggests losses will reduce by 34% per year to 2024. The company is expected to make a profit of AU$32.0m in 2025. Average annual earnings growth of 100% is required to achieve expected profit on schedule.
お知らせ • Jan 23Boab Metals Limited Announces Final Assay Results from the Phase VI Drilling ProgramBoab Metals Limited announced the receipt of the final assay results from the Phase VI drilling program undertaken at its 75% owned Sorby Hills Lead-Silver-Zinc Project located in the Kimberley Region of Western Australia. Phase VI Overview & Objective: During the Phase VI drilling program, a total +3,020m were drilled across 28 RC holes including some that were pre-collared by mud rotary drilling and completed with RC drilling. A total of approximately 1,700 drill samples were submitted to Intertek Laboratories in Darwin all of which have been analysed for a broad spectrum of element analysis including Lead, Silver and Zinc. Beta Deposit: The Beta Deposit was drilled for the first time by Boab during the Phase V drilling campaign. The results from the company's initial drilling conformed with the revised interpretation of the mineralisation geometry. The Phase VI program at Beta included 18 drill holes for a total of 1,800m. The holes were sited with the aim of making the Resource more robust and at the same time expanding it. Infill drilling (SHMR_136) and drilling on the eastern periphery (SHMR_157, SHMR_163) and central northern area (SHMR_151) of the deposit delivered highly encouraging results while elsewhere, visual recognition of broad intervals of mineralisation did not reach the cut off grades for reporting and may indicate, in the west, the limits of the mineralisation. Positive results include: SHRC_157 (Beta): 7m at 19.17% PbEq, (16.23% Pb & 82g/t Ag) from 72m Incl 3m at 41.38% PbEq, (35.26% Pb & 174g/t Ag) from 72m; SHRC_136 (Beta): 20m at 7.39% PbEq, (5.58% Pb & 52g/t Ag) from 65m Incl 8m at 13.86% PbEq, (10.49% Pb & 96g/t Ag) from 77m; SHRC_163 (Beta): 13m at 2.90% PbEq, (2.26% Pb & 18g/t Ag) from 49m (New Result); SHRC_151 (Beta): 5m at 5.13% PbEq, (3.70% Pb & 41g/t Ag) from 40m (New Result). It is expected that these results will positively impact future Resource estimates, enable an improved Resource classification and the inclusion of a larger proportion of the Beta Mineral Resource into the Ore Reserve as well as support the plan for an additional campaign of resource expansion drilling. The most recent drilling campaign at Beta has shown, that tightening of the drill hole spacing can identify narrow but elongated high-grade lenses of mineralisation, as was noted in the 2021 drilling campaign at the Omega Deposit. The stratabound mineralisation at Beta is located above the Knox Formation (different to most of the rest of the Sorby Hills mineralisation) and is encountered in lenses or channel-like bodies over a vertical interval of about 80m. The mineralisation begins from around 40m below surface and can extend to about 120m below the surface. This understanding opens the way for significant extensions to the northeast of Beta that only has wider (> 200m) spaced historic drilling. Norton Deposit: Six RC drill holes for approximately 700m of drilling have been completed at the northern periphery of the Norton Deposit. Results received include: SHRC_143 (Norton N): 13m at 4.06% PbEq, (2.82% Pb & 35g/t Ag) from 95m Incl 5m at 5.35% PbEq, (3.91% Pb & 41g/t Ag) from 95m; SHRC_149 (Norton N): 2m at 16.64% PbEq, (10.92% Pb & 163g/t Ag) from 103m (New Result, terminated in mineralisation); SHRC_147 (Norton N): 11m at 5.74% PbEq, (3.84% Pb & 54 g/t Ag) from 86m (New Result). Unfortunately, drill hole SHMR_149 had to be terminated in mineralisation due to poor ground conditions. The drill hole remains accessible and can possibly be extended by diamond drilling. Furthermore, the intercepts of mineralisation in holes SHMR_147 and SHMR_149 were made on the periphery of the Norton resource and therefore provide a further opportunity for the extension of the Mineral Resource envelope.
Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 04Full year 2022 earnings released: AU$0.044 loss per share (vs AU$0.036 loss in FY 2021)Full year 2022 results: AU$0.044 loss per share (down from AU$0.036 loss in FY 2021). Net loss: AU$6.80m (loss widened 35% from FY 2021). Over the next year, revenue is expected to shrink by 100% compared to a 89,421% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year.
Buying Opportunity • Jun 04Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be AU$0.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to decline by 100% in a year. Earnings is forecast to grow by 40% in the next year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Andrew Parker was the last independent director to join the board, commencing their role in 2009. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 09First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.026 loss per share (down from AU$0.018 loss in 1H 2021). Net loss: AU$4.01m (loss widened 68% from 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 100% compared to a 1,076% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Breakeven Date Change • Sep 30Forecast to breakeven in 2024The analyst covering Boab Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$52.0m in 2024. Average annual earnings growth of 106% is required to achieve expected profit on schedule.
Reported Earnings • Sep 23Full year 2021 earnings released: AU$0.035 loss per share (vs AU$0.028 loss in FY 2020)Full year 2021 results: Net loss: AU$5.04m (loss widened 61% from FY 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Breakeven Date Change • Jun 30Forecast to breakeven in 2024The analyst covering Boab Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$37.1m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Reported Earnings • Mar 19First half 2021 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in 1H 2020)First half 2021 results: Net loss: AU$2.39m (loss widened 22% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 20% per year.
Is New 90 Day High Low • Feb 27New 90-day low: AU$0.41The company is down 9.0% from its price of AU$0.45 on 27 November 2020. The Australian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 18% over the same period.
Reported Earnings • Oct 02Full year earnings released - AU$0.0011 loss per shareOver the last 12 months the company has reported total losses of AU$3.13m, with losses narrowing by 6.4% from the prior year.
