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Coolabah Metals Ltd. ( (AU:BHM) ) has provided an update.
Broken Hill Mines Limited has reported a 17% increase in losses for the financial year ending June 30, 2025, primarily due to the acquisition of Broken Hill Mines Holdings Pty Ltd and the re-compliance with ASX Listing Rules. The company completed a significant strategic consolidation, acquiring 100% of BHMH and raising $20 million through a public offer, which led to a name change and reinstatement of its securities on the ASX.
More about Coolabah Metals Ltd.
Broken Hill Mines Limited, formerly known as Coolabah Metals Limited, operates in the mining industry. The company focuses on acquiring and developing mining assets, with a particular emphasis on the Rasp Mine and Pinnacles Mine in Australia.
Average Trading Volume: 1,066,334
Technical Sentiment Signal: Buy
Current Market Cap: A$159.9M
See more insights into BHM stock on TipRanks’ Stock Analysis page.