Boab Metals (CHIA:BML) - Stock Price, News & Analysis

BML Stock Overview

Engages in the exploration and development of mineral tenements in Australia. More details

BML fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 99% below our estimate of its fair value

Earnings are forecast to grow 52.5% per year

Risk Analysis

Makes less than USD$1m in revenue (A$238K)

Has less than 1 year of cash runway

Does not have a meaningful market cap (A$33M)

Shareholders have been diluted in the past year

+ 1 more risk

Boab Metals Limited Competitors

Mineral Commodities

ASX:MRC

AU$25.6m

Rumble Resources

ASX:RTR

AU$33.6m

Red Metal

ASX:RDM

AU$37.8m

Avenira

ASX:AEV

AU$29.7m

Price History & Performance

Summary of all time highs, changes and price drops for Boab Metals
Historical stock prices
Current Share Price	AU$0.14
52 Week High	AU$0.23
52 Week Low	AU$0.078
Beta	2.25
11 Month Change	-6.67%
3 Month Change	30.23%
1 Year Change	0%
33 Year Change	-59.42%
5 Year Change	-20.00%
Change since IPO	-85.26%

Recent updates

Shareholder Returns

	BML	AU Metals and Mining	AU Market
7D	0%	-0.6%	-0.3%
1Y	0%	-11.0%	18.4%

Return vs Industry: BML exceeded the Australian Metals and Mining industry which returned -9.9% over the past year.

Return vs Market: BML underperformed the Australian Market which returned 19.7% over the past year.

Price Volatility

Is BML's price volatile compared to industry and market?
BML volatility
BML Average Weekly Movement	15.4%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.2%

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

Volatility Over Time: BML's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2003	n/a	Simon Noon	boabmetals.com

Boab Metals Limited engages in the exploration and development of mineral tenements in Australia. It primarily explores for zinc, silver, cobalt, copper, and lead deposits. The company holds 75% interest in its flagship property, the Sorby Hills project located in the Kimberley Region of Western Australia.

Boab Metals Limited Fundamentals Summary

How do Boab Metals's earnings and revenue compare to its market cap?
BML fundamental statistics
Market cap	AU$32.68m
Earnings (TTM)	-AU$3.32m
Revenue (TTM)	AU$237.78k

137.4x

P/S Ratio

-9.8x

P/E Ratio

Is BML overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BML income statement (TTM)
Revenue	AU$237.78k
Cost of Revenue	AU$0
Gross Profit	AU$237.78k
Other Expenses	AU$3.56m
Earnings	-AU$3.32m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
Gross Margin	100.00%
Net Profit Margin	-1,397.06%
Debt/Equity Ratio	0%

How did BML perform over the long term?

See historical performance and comparison

BML Stock Overview

Rewards

Risk Analysis

Boab Metals Limited Competitors

ASX:MRC

AU$25.6m

ASX:RTR

AU$33.6m

ASX:RDM

AU$37.8m

ASX:AEV

AU$29.7m

Price History & Performance

Recent News & Updates

Boab Metals Limited, Annual General Meeting, Nov 26, 2024

Full year 2024 earnings released: AU$0.018 loss per share (vs AU$0.036 loss in FY 2023)

New minor risk - Financial data availability

Forecast breakeven date pushed back to 2027

New major risk - Share price stability

Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.716942 million.

Recent updates

Boab Metals Limited, Annual General Meeting, Nov 26, 2024

Full year 2024 earnings released: AU$0.018 loss per share (vs AU$0.036 loss in FY 2023)

New minor risk - Financial data availability

Forecast breakeven date pushed back to 2027

New major risk - Share price stability

Boab Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.716942 million.

Now 37% overvalued

First half 2024 earnings released: AU$0.015 loss per share (vs AU$0.02 loss in 1H 2023)

New major risk - Share price stability

New major risk - Market cap size

Boab Metals Limited, Annual General Meeting, Nov 06, 2023

Full year 2023 earnings released: AU$0.036 loss per share (vs AU$0.044 loss in FY 2022)

New major risk - Financial position

Now 22% undervalued after recent price drop

First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.026 loss in 1H 2022)

Now 23% undervalued after recent price drop

Forecast breakeven date pushed back to 2025

Boab Metals Limited Announces Final Assay Results from the Phase VI Drilling Program

Boab Metals Limited Announces the Receipt of the First Lot of Assay Results from Its Phase Vi Drilling Program At Sorby Hills Lead-Silver-Zinc Project

Less than half of directors are independent

Boab Metals Limited Announces the Successful Completion of the Phase VI Drilling Program At Its 75% Owned Sorby Hills Lead-Silver-Zinc Project Located in the Kimberley Region of Western Australia

Boab Metals Limited Announces the Successful Completion of the Phase VI Drilling Program At Its 75% Owned Sorby Hills Lead-Silver-Zinc Project Located in the Kimberley Region of Western Australia

Full year 2022 earnings released: AU$0.044 loss per share (vs AU$0.036 loss in FY 2021)

Boab Metals Limited, Annual General Meeting, Oct 20, 2022

Boab Metals Limited Announces Commencement of Phase Vi Drilling Program At Its 75% Owned Sorby Hills Lead-Silver-Zinc Project Located in the Kimberley Region of Western Australia

Now 22% undervalued after recent price drop

Boab Metals Limited Provides Sorby Hills Project Execution Update

Less than half of directors are independent

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Boab Metals Limited Provides Assay Results from the Phase V Reverse Circulation Drilling Program

Boab Metals Limited Reports A Mineral Resource Update for Its 75% Owned Sorby Hills Lead-Silver-Zinc Project in the Kimberley Region of Western Australia

Boab Metals Limited Provides an Update on the Financing Workstream for Its 75% Owned Sorby Hills Lead-Silver-Zinc Project Located in the Kimberley Region of Western Australia

Forecast to breakeven in 2024

Full year 2021 earnings released: AU$0.035 loss per share (vs AU$0.028 loss in FY 2020)

Boab Metals Limited (ASX:BML) completed the acquisition of Manbarrum Zn-Pb-Ag Project from Todd River Resources Limited (ASX:TRT).

Forecast to breakeven in 2024

Boab Metals Limited Announces Commencement of the Phase V Diamond Drilling Program at the Sorby Hills Lead-Silver-Zinc Project Located in the Kimberley Region of Western Australia

First half 2021 earnings released: AU$0.018 loss per share (vs AU$0.017 loss in 1H 2020)

Qimbaya Gold Inc. entered into share and asset sale agreement to acquire Golden Pacifico Exploration SAS from Boab Metals Limited (ASX:BML) for AUD 0.23 million.

Boab Metals Limited Announces Strong Demand Confirmed for Sorby Hills Lead-Silver Concentrate from Leading International Offtakers

New 90-day low: AU$0.41

Boab Metals to Investigate Sorby Hills Project Expansion

Boab Metals Limited Final Phase IV Drilling Results Confirm Further Opportunities for Resource Expansion

Boab Metals Limited Announces Commencement of Metallurgical and Geotechnical Testwork Programs for the Sorby Hills Definitive Feasibility Study

Boab Metals Limited Reports Further Impressive Assay Results from the Phase Iv Drilling Program At Its 75% Owned Sorby Hills Lead-Silver-Zinc Project

Boab Metals Limited Provides Sorby Hills Phase IV Drilling Results

Boab Metals Limited Provides Update in Relation to the Development of the Sorby Hills Lead-Silver-Zinc Project

Boab Metals Limited Announces Appointment of Mr. David English as Chief Operating Officer

Pacifico Minerals Limited, Annual General Meeting, Dec 23, 2020

Pacifico Minerals Limited Announces Phase IV Drilling Program Completed At Sorby Hills

Full year earnings released - AU$0.0011 loss per share

Pacifico Minerals Limited announced that it expects to receive AUD 10.000007 million in funding

Insider recently sold AU$1.3m worth of stock

Shareholder Returns

Price Volatility

About the Company

Boab Metals Limited Fundamentals Summary

137.4x

-9.8x