Boab Metals (BML) 주식 개요Boab Metals Limited는 호주에서 광물 탐사 및 개발 사업을 하는 회사입니다. 자세히 보기BML 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장4/6과거 실적0/6재무 건전성6/6배당0/6강점공정 가치 추정치보다 낮은 98.1% 에서 거래수익은 매년 59.83% 증가할 것으로 예상됩니다.위험 분석지난 1년 동안 주주가 크게 희석되었습니다.수익이 USD$1m 미만입니다(A$791K)모든 위험 점검 보기BML Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.436.7k% 고평가 내재 할인율Est. Revenue$PastFuture-7m8m2016201920222025202620282031Revenue AU$7.9mEarnings AU$1.0mAdvancedSet Fair ValueView all narrativesFeatured narrative•Materials opportunityUpside Gold2 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 저평가 내재 할인율An 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 narrative15.1kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrativeBoab Metals Limited 경쟁사Northern MineralsSymbol: ASX:NTUMarket cap: AU$229.2mPRL GlobalSymbol: ASX:PRGMarket cap: AU$204.9mWaratah MineralsSymbol: ASX:WTMMarket cap: AU$214.1mPYX ResourcesSymbol: NSX:PYXMarket cap: AU$233.0m가격 이력 및 성과Boab Metals 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.4352주 최고가AU$0.7252주 최저가AU$0.14베타2.111개월 변동2.38%3개월 변동-6.52%1년 변동177.42%3년 변동109.76%5년 변동13.16%IPO 이후 변동-54.74%최근 뉴스 및 업데이트Board 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.공지 • 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 Listing공지 • 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.공지 • 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 0.4공지 • 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, Australia더 많은 업데이트 보기Recent 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.공지 • 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 Listing공지 • 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.공지 • 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 0.4공지 • 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.공지 • 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 Listing공지 • 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.공지 • 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).공지 • 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).공지 • 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.공지 • 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.주주 수익률BMLAU Metals and MiningAU 시장7D8.9%4.4%0.2%1Y177.4%57.3%5.8%전체 주주 수익률 보기수익률 대 산업: BML은 지난 1년 동안 57.3%의 수익을 기록한 Australian Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: BML은 지난 1년 동안 5.8%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 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%안정적인 주가: BML는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: BML의 주간 변동성(12%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트2003n/aSimon Noonboabmetals.comBoab Metals Limited는 호주에서 광물 탐사 및 개발 사업을 하고 있습니다. 주로 아연, 은, 코발트, 구리, 납 매장지를 탐사합니다. 이 회사는 서호주 킴벌리 지역에 위치한 주력 자산인 소르비 힐스 프로젝트의 75% 지분을 보유하고 있습니다.더 보기Boab Metals Limited 기초 지표 요약Boab Metals의 순이익과 매출은 시가총액과 어떻게 비교됩니까?BML 기초 통계시가총액AU$244.95m순이익 (TTM)-AU$3.88m매출 (TTM)AU$790.95k309.7x주가매출비율(P/S)-63.1x주가수익비율(P/E)BML는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표BML 손익계산서 (TTM)매출AU$790.95k매출원가AU$0총이익AU$790.95k기타 비용AU$4.67m순이익-AU$3.88m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-0.0067총이익률100.00%순이익률-491.00%부채/자본 비율0%BML의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 22:47종가2026/05/08 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Boab Metals Limited는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrew HinesShaw and Partners Limited
Featured narrative•Materials opportunityUpside Gold2 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 저평가 내재 할인율An 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 narrative15.1kusers 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.
공지 • 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
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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).
공지 • 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).
공지 • 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.
공지 • 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.
