Ballard Mining (HX8) Stock Overview

Operates as a mineral exploration company explores for gold. More details

HX8 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 96.9% below our estimate of its fair value

Risk Analysis

Has less than 1 year of cash runway

Shares are highly illiquid

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

Currently unprofitable and not forecast to become profitable over the next 3 years

HX8 Community Fair Values

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Ballard Mining Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ballard Mining
Historical stock prices
Current Share Price	AU$0.33
52 Week High	AU$0.36
52 Week Low	AU$0.33
Beta	0
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-1.45%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	HX8	DE Metals and Mining	DE Market
7D	-6.3%	10.0%	1.4%
1Y	n/a	96.1%	10.4%

Return vs Industry: Insufficient data to determine how HX8 performed against the German Metals and Mining industry.

Return vs Market: Insufficient data to determine how HX8 performed against the German Market.

Price Volatility

Is HX8's price volatile compared to industry and market?
HX8 volatility
HX8 Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	12.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: HX8's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine HX8's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2025	n/a	Paul Brennan	ballardmining.com.au

Ballard Mining Limited operates as a mineral exploration company explores for gold. It holds interests in the Mt Ida gold project covering approximately 250 square kilometres of the Mt Ida-Ularring Greenstone Belt located west of Leonora in the Eastern Goldfields Province of Western Australia. The company was incorporated in 2025 and is based in West Perth, Australia.

Ballard Mining Limited Fundamentals Summary

How do Ballard Mining's earnings and revenue compare to its market cap?
HX8 fundamental statistics
Market cap	€131.30m
Earnings (TTM)	-€598.37k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-219.4x

P/E Ratio

Is HX8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HX8 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$1.06m
Earnings	-AU$1.06m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0028
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	8.3%

How did HX8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/02 12:44
End of Day Share Price	2025/12/02 00:00
Earnings	2025/06/30
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ballard Mining Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Coates	Bell Potter
Regan Burrows	Bell Potter