How does BMG's PB Ratio compare to its peers?

BMG is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (1.7x).

How does BMG's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

BMG is good value based on its Price-To-Book Ratio (0.6x) compared to the Australian Metals and Mining industry average (1.1x).

What is BMG's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate BMG's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of BMG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate BMG's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

BMG Resources (ASX:BMG) - Stock Price, News & Analysis

BMG Stock Overview

A mineral exploration company, engages in the exploration and development of mineral resource projects in the Republic of Cyprus and Australia. More details

BMG fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 27.9% per year over past 5 years

Does not have a meaningful market cap (A$9M)

Highly volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

BMG Resources Limited Competitors

Battery Age Minerals

ASX:BM8

AU$8.8m

Renegade Exploration

ASX:RNX

AU$9.0m

Killi Resources

ASX:KLI

AU$9.0m

DeSoto Resources

ASX:DES

AU$8.7m

Price History & Performance

Summary of all time highs, changes and price drops for BMG Resources
Historical stock prices
Current Share Price	AU$0.013
52 Week High	AU$0.019
52 Week Low	AU$0.007
Beta	1.39
11 Month Change	44.44%
3 Month Change	62.50%
1 Year Change	18.18%
33 Year Change	-75.93%
5 Year Change	-56.67%
Change since IPO	-99.94%

Recent updates

Shareholder Returns

	BMG	AU Metals and Mining	AU Market
7D	-13.3%	-1.3%	1.4%
1Y	18.2%	-12.4%	17.7%

Return vs Industry: BMG exceeded the Australian Metals and Mining industry which returned -12.4% over the past year.

Return vs Market: BMG matched the Australian Market which returned 17.7% over the past year.

Price Volatility

Is BMG's price volatile compared to industry and market?
BMG volatility
BMG Average Weekly Movement	22.2%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: BMG's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: BMG's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	n/a	www.bmgl.com.au

BMG Resources Limited, a mineral exploration company, engages in the exploration and development of mineral resource projects in the Republic of Cyprus and Australia. The company primarily explores for copper, nickel, zinc, cobalt, gold, silver, and lithium deposits. Its flagship project is the Abercromby gold project located in the Wiluna Gold District, Western Australia.

BMG Resources Limited Fundamentals Summary

How do BMG Resources's earnings and revenue compare to its market cap?
BMG fundamental statistics
Market cap	AU$8.89m
Earnings (TTM)	-AU$7.19m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.2x

P/E Ratio

Is BMG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BMG income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$7.19m
Earnings	-AU$7.19m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.011
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did BMG perform over the long term?

See historical performance and comparison

BMG Stock Overview

Risk Analysis

BMG Resources Limited Competitors

ASX:BM8

AU$8.8m

ASX:RNX

AU$9.0m

ASX:KLI

AU$9.0m

ASX:DES

AU$8.7m

Price History & Performance

Recent News & Updates

BMG Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.

BMG Resources Limited, Annual General Meeting, Nov 26, 2024

New minor risk - Financial data availability

New minor risk - Shareholder dilution

BMG Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

BMG Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.

Recent updates

BMG Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.5 million.

BMG Resources Limited, Annual General Meeting, Nov 26, 2024

New minor risk - Financial data availability

New minor risk - Shareholder dilution

BMG Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

BMG Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.5 million.

BMG Resources Limited Announces Executive Changes

New major risk - Share price stability

BMG Resources Limited, Annual General Meeting, Nov 21, 2023

New major risk - Shareholder dilution

BMG Resources Limited (ASX:BMG) agreed to acquire Bullabulling Project in Coolgardie Region for AUD 0.44 million.

Non-Executive Director exercised options to buy AU$109k worth of stock.

New major risk - Shareholder dilution

BMG Resources Limited, Annual General Meeting, Jun 12, 2023

Bmg Resources Limited Announces Rigorous Metallurgical Testwork at Abercromby Confirms High Gold Recoveries Via Conventional Milling

BMG Resources Limited Announces Assays from Recent Diamond Drilling (Dd) Program At the Abercromby Gold Project

No independent directors

BMG Resources Limited Provides Exploration Update on Abercromby Gold Project

BMG Resources Limited, Annual General Meeting, Aug 22, 2022

New Cyprus Copper PA Limited agreed to acquire the remaining 10% stake in Treasure Developments Limited from BMG Resources Limited (ASX:BMG) for AUD 2 million.

New Cyprus Copper Company Ltd. agreed to acquire 10% stake in Treasure Developments Limited from BMG Resources Limited (ASX:BMG) for AUD 2 million.

BMG Resources Limited Provides Update on Drill Programs at its 100% Owned Abercromby Gold Project

BMG Resources Limited Announces Commencement of Diamond Drilling At Abercromby

BMG Resources Limited Commences Next Phase of Drilling

BMG Resources Limited Announces Assays from the Company's Recent Diamond Drilling Program at Abercromby Gold Project

No independent directors

BMG Resources Limited Advises the Diamond Drilling and Aircore Drilling Programs At the Company's 100% Owned Abercromby Gold Project

Bmg Resources Announces Assays Confirm Very High Gold Grades At Abercromby

BMG Resources Announces Two Drill Rigs Underway At Abercromby Gold Project

BMG Resources Ordinary Shares Deleted from Other OTC

Non-Executive Director recently bought AU$99k worth of stock

BMG Resources Limited announced that it has received AUD 4 million in funding from Impulzive Pty Ltd, Zeus Private Equity Pty Ltd. and other investors

BMG Resources Limited Completes Approximately 1,800M of Drilling At 100% Owned Abercromby Gold Project

BMG Resources Limited Reports Multiple New Targets Identified by Geophysical Survey At High-Grade Abercromby Gold Project in Western Australia

BMG Resources Limited Reports New High-Grade Gold Intercepts at Abercromby

Bmg Resources Limited Announces Multiple High-Priority Targets Identified at Invincible Gold Project in the Central Pilbara

Bmg Resources Limited Receives the First Batch of Assay Results from 2,880M of Drilling Completed in December at its Abercromby Gold Project, South of Wiluna in the North- Eastern Goldfields

Bmg Resources Limited Announces Abercromby Gold Project Drilling Update

BMG Resources Limited announced that it has received AUD 3 million in funding from Impulzive Pty Ltd, and other investors

BMG Resources Limited Announces Appointment of JOHN DAWSON as Director

BMG Resources Limited Plans the Commencement of the Initial Drilling Program At the Abercromby Project

BMG Resources Limited announced that it expects to receive AUD 3 million in funding

Shareholder Returns

Price Volatility

About the Company

BMG Resources Limited Fundamentals Summary

0.0x

-1.2x

Earnings & Revenue