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Black Cat Syndicate Ltd.
(Sydney:BC8)
Black Cat Syndicate Ltd. (BC8) vs. iShares MSCI Australia ETF (EWA)
Black Cat Syndicate Ltd. Business Overview & Revenue Model
Black Cat Syndicate Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 38.24M | 37.32M | 4.61M | 1.79M | 136.21K | 0.00 |
| Gross Profit | -9.36M | -14.03M | 4.61M | 538.10K | 43.91K | -25.07K |
| EBITDA | -2.64M | -2.36M | -2.23M | -4.47M | -3.72M | -2.30M |
| Net Income | -25.95M | -25.95M | -3.81M | -4.80M | -3.90M | -2.32M |
Balance Sheet | ||||||
| Total Assets | 369.58M | 369.58M | 157.80M | 128.18M | 116.22M | 48.35M |
| Cash, Cash Equivalents and Short-Term Investments | 35.76M | 35.76M | 13.98M | 4.66M | 18.17M | 16.05M |
| Total Debt | 21.46M | 21.46M | 9.44M | 5.00M | 132.36K | 190.40K |
| Total Liabilities | 100.55M | 100.55M | 40.80M | 34.71M | 37.21M | 2.19M |
| Stockholders Equity | 269.03M | 269.03M | 116.99M | 93.47M | 79.01M | 46.16M |
Cash Flow | ||||||
| Free Cash Flow | -68.14M | -60.26M | -19.38M | -26.93M | -31.08M | -15.14M |
| Operating Cash Flow | -12.77M | -12.77M | -2.06M | -3.38M | -3.30M | -1.30M |
| Investing Cash Flow | -108.11M | -108.11M | -22.57M | -28.18M | -27.80M | -13.88M |
| Financing Cash Flow | 141.01M | 141.01M | 33.95M | 18.05M | 33.22M | 28.37M |
Black Cat Syndicate Ltd. Technical Analysis
Black Cat Syndicate Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $1.53B | 20.51 | 9.84% | ― | 51.66% | 86.35% | |
64 Neutral | $1.04B | 35.43 | 10.01% | ― | 153.02% | -85.25% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$950.47M | ― | -13.44% | ― | ― | -267.46% | |
48 Neutral | €687.17M | ― | -4.97% | ― | ― | 16.67% | |
38 Underperform | AU$523.82M | ― | -9.13% | ― | ― | -5.41% |
Black Cat Syndicate Ltd. Corporate Events
Black Cat Syndicate Limited announced strong and consistent drilling results at its Paulsens Gold Operation, highlighting significant gold intercepts in the Gabbro Veins and Main Zone. The ongoing drilling efforts aim to support resource growth and production optimization, with development drives and stoping activities advancing. The company is also preparing for surface drilling at the Paulsens West Seismic Target, potentially enhancing its resource base and production capabilities.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. has released a presentation detailing its current prospects and development strategy, emphasizing the importance of adhering to the JORC Code for reporting mineral resources and ore reserves. The company confirms that all material assumptions underpinning its production targets remain unchanged, highlighting its commitment to transparency and compliance with industry standards.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. reported strong growth in gold production and financial performance for the quarter ended June 30, 2025. The company achieved significant milestones, including increased gold production, a strong balance sheet, and cashflow positivity at its Myhree/Boundary open pits and Paulsens operations. The Lakewood processing facility processed a total of 229,059 tons of ore, and the company made strategic advancements in its Kal East mines and Big Sarah region. With a robust production outlook, Black Cat anticipates further growth in the upcoming quarter.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. has announced a new issuance of 61,954 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code BC8. This move is part of a previously announced transaction, indicating ongoing strategic financial activities by the company.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$0.86 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the issuance of 61,954 fully paid ordinary shares as part consideration for acquiring an exploration license. This move, disclosed without the need for investor disclosure under the Corporations Act, reflects the company’s ongoing strategic efforts to expand its exploration portfolio, potentially enhancing its market position and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the issuance of 1,500,000 unlisted options that are exercisable at $1.205 and will expire on July 16, 2029. This issuance is part of an employee incentive scheme and these securities will not be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has issued 1,500,000 unlisted options to its employees under the Incentive Securities Plan, which was approved by shareholders in November 2023. This move is part of the company’s strategy to incentivize its workforce and align their interests with the company’s growth objectives, potentially impacting its operational efficiency and market position positively.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the acceleration of its Belvedere deposit, part of the Paulsens Gold Operation, with mining approvals expected within six months. This move is part of their ‘More Gold, Sooner’ strategy, aiming to optimize production by utilizing available capacity at Paulsens and enhancing resource growth potential through additional drilling opportunities.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has expanded its Paulsens Project Tenure by approximately 460 square kilometers, bringing its total to around 3,650 square kilometers. This expansion includes the acquisition of three new tenements: Cheela, Silent Sisters, and New Morning, which are strategically located around the Big Sarah prospect. The company has identified three extensive vein corridors at Big Sarah, with plans for further sampling and drilling in the upcoming quarter. These developments position Black Cat strategically within the Barring Downs and Nanjilgardy fault zones, potentially enhancing its gold exploration prospects.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has signed a binding Ore Purchase Agreement with Auric Mining Limited to purchase up to 125,000 tonnes of ore, with a gold content of 1.8 g/t, from Auric’s operations. The ore will be processed at Black Cat’s Lakewood facility, with initial deliveries scheduled for September 2025 and completion by January 2026. This agreement is part of Black Cat’s strategy to enhance gold production and profitability while its new mines are being developed, ensuring efficient utilization of the Lakewood processing facility.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited reported a robust June 2025 quarter with a significant increase in gold production, reaching approximately 16,500 ounces, a 33% rise from the previous quarter. The company maintained a strong cash position of $55 million despite a $20 million payment for the Lakewood processing facility, with further payments due in November 2025. Looking ahead, the company anticipates further growth in the September 2025 quarter, projecting production between 19,000 to 23,000 ounces. This growth is supported by ongoing operations at Myhree and Boundary open pits, as well as the commencement of the Fingals open pit and Majestic underground operations. Despite planned maintenance shutdowns, Black Cat Syndicate remains optimistic about its production capabilities and market positioning.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. announced the quotation of 44,444 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code BC8, effective June 26, 2025. This move is part of the company’s strategy to leverage its financial resources, potentially impacting its operational capabilities and market positioning within the mining industry.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the issuance of 44,444 ordinary fully paid shares following the early exercise of listed options priced at $0.3375, which are set to expire on November 14, 2025. This move is part of the company’s capital management strategy and reflects investor confidence, potentially strengthening its financial position and market presence.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced an acceleration in its tolling program at the Lakewood Processing Facility, allowing for an additional 40,000 tonnes of ore to be processed in the June 2025 quarter. This move is expected to enhance operational efficiency by reducing processing stoppages and facilitating a smoother transition into full production for the Kal East mines. Additionally, the company has appointed Tim Mason as the new Chief Operating Officer to oversee existing operations and drive the company’s ‘More Gold Sooner’ strategy, which aims to boost production and growth.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the issuance of 90,000 ordinary fully paid shares following the early exercise of listed options priced at $0.3375, set to expire on 14 November 2025. This move is part of the company’s capital structure strategy, which includes a mix of fully paid ordinary shares and various options and performance rights, potentially impacting the company’s liquidity and shareholder value.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.82 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. has announced the quotation of 50,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code BC8, effective May 29, 2025. This move is part of the company’s strategy to enhance its market presence and provide liquidity to its stakeholders, potentially impacting its operations and positioning within the industry.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the issuance of 50,000 ordinary fully paid shares following the early exercise of listed options, priced at $0.3375 and expiring on 14 November 2025. This move indicates active engagement in capital management, potentially strengthening the company’s financial position and enhancing its operational capabilities in the competitive gold mining sector.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced successful drilling results at its Paulsens Gold Operation, with significant gold intersections in the Gabbro Veins. The drilling program, which began in February 2025, aims to support mine development and optimize planning, with mining activities already underway in the newly developed area. The company plans to continue its underground drilling and commence surface drilling in June 2025, as part of its strategy to enhance gold production.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. has announced promising results from its recent drilling program at the Kal East Gold Operation, particularly at the Imperial deposit. The drilling, which included 11 reverse circulation holes, revealed significant gold intersections, suggesting the potential for a cut-back to the historic open pit at Imperial. This development was not included in the previous mine plan and will be integrated into the updated Kal East mine plan. Additionally, mine development drilling has commenced at the Fingals deposit, with plans to accelerate the program by mobilizing a second drilling rig. These activities align with Black Cat’s strategy to increase gold production in the near term.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has announced the issuance of 3,110,000 unlisted options, exercisable at $1.237 and expiring on May 20, 2029. This move is part of an employee incentive scheme and is not intended for public trading on the ASX. The issuance of these securities is likely aimed at motivating and retaining key employees, potentially strengthening the company’s operational capabilities and aligning employee interests with company performance.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited has issued 3,110,000 unlisted options to its employees as part of its Incentive Securities Plan, approved by shareholders in November 2023. This issuance is expected to align employee interests with company goals, potentially enhancing operational performance and shareholder value.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. has announced the quotation of 15,789,143 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code BC8. This move is part of a previously announced transaction and is expected to enhance the company’s market presence and provide additional liquidity for stakeholders.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. has announced the quotation of 1,507,777 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code BC8, effective May 13, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and potentially improve liquidity, which could have significant implications for its market positioning and stakeholder engagement.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Limited announced the issuance of 15,789,143 new ordinary shares at $0.76 each, raising approximately $12 million as part of the second tranche of a share placement. This move, approved by shareholders, aims to strengthen the company’s financial position and support its ongoing operations. Additionally, the company issued shares related to the early exercise of options and under agreements with indigenous groups, reflecting its commitment to community engagement and operational expansion.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
Black Cat Syndicate Ltd. announced that all resolutions proposed at its General Meeting were approved by shareholder votes. This approval, particularly for the ratification and issuance of placement shares, is expected to support the company’s strategic initiatives and strengthen its financial position, potentially impacting its growth and development within the mining sector.