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BBX Minerals Limited
(Sydney:BCM)
BBX Minerals Limited (BCM) vs. iShares MSCI Australia ETF (EWA)
BBX Minerals Limited Business Overview & Revenue Model
BBX Minerals Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Gross Profit | -35.25K | 0.00 | 0.00 |
| EBITDA | -4.83M | -4.61M | -4.25M |
| Net Income | -5.72M | -6.05M | -4.85M |
Balance Sheet | |||
| Total Assets | 2.13M | 2.48M | 2.11M |
| Cash, Cash Equivalents and Short-Term Investments | 1.70M | 2.07M | 1.66M |
| Total Debt | 1.13M | 622.65K | 2.46M |
| Total Liabilities | 1.59M | 812.62K | 2.64M |
| Stockholders Equity | 540.71K | 1.67M | -531.85K |
Cash Flow | |||
| Free Cash Flow | -4.16M | -4.31M | -4.45M |
| Operating Cash Flow | -4.11M | 0.00 | 0.00 |
| Investing Cash Flow | -103.78K | -63.57K | -77.62K |
| Financing Cash Flow | 3.87M | 4.72M | 5.72M |
BBX Minerals Limited Peers Comparison
BBX Minerals Limited Corporate Events
Brazilian Critical Minerals Limited has issued 11,245,833 fully paid ordinary shares following the conversion of options on 23 and 24 February 2026, expanding its share capital base. The company confirmed it conducted the issuance without a prospectus under relevant Corporations Act provisions and stated it remains compliant with financial reporting and continuous disclosure obligations, with no undisclosed price-sensitive information identified for investors.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals Limited has applied to the ASX for quotation of 11,245,833 new ordinary fully paid shares under its BCM code. These securities, issued over two days in late February 2026, expand the company’s listed capital base and increase the volume of BCM shares available to trade on the market.
The additional quotation strengthens liquidity in the company’s stock and may support future capital management or project funding flexibility. Existing and prospective shareholders gain improved access to BCM securities, potentially enhancing price discovery and the company’s visibility in the critical minerals investment landscape.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals reported strong progress at its Ema rare earths project in Brazil for the December 2025 quarter, highlighted by ANSTO testwork that produced a high-grade mixed rare earth carbonate grading 52.5% total rare earth oxides, with an unusually high 41.5% proportion of high-value magnet oxides, placing the product among the richest magnet rare earth mixes in the western market. In-situ recovery field trials and drilling continued to deliver consistently elevated rare earth grades, while subsequent washing successfully restored clay chemistry to natural background conditions, and proprietary processing with RETi upgraded pregnant liquor solution by 200 times to 18.6% TREO with 100% recovery and 99.9% purity oxides. The company also advanced permitting with two trial mining licence applications under review by Brazilian regulators, strengthened local government and community support, and bolstered its balance sheet with a A$6 million placement, ending the quarter with A$6.76 million in cash to further develop Ema.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals Limited reported negative operating cash flow of A$1.485 million for the December 2025 quarter, driven mainly by exploration and evaluation spending, staff costs and corporate overheads, while investing cash flows were minimal with only small movements in property, plant and equipment. The company significantly strengthened its balance sheet over the quarter through A$6.0 million in new equity issues, A$0.3 million from convertible debt and option exercises, resulting in net financing inflows of A$5.85 million and lifting cash on hand from A$2.46 million to A$6.83 million, providing additional funding runway for its exploration programs and ongoing corporate activities.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals Limited has reported a change in the interests of director Andrew Reid, disclosing the expiry of 370,370 options exercisable at A$0.05 on or before 11 January 2026 previously held indirectly through his spouse, Stephanie Raiseborough. Following the expiry, Reid’s indirect holdings remain significant, comprising ordinary shares and performance rights held personally, via his spouse and through the Reid Family Trust, with no new securities acquired or cash consideration involved, indicating an administrative adjustment rather than a strategic change in his overall stake.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals Limited has issued 23,499,997 fully paid ordinary shares following the conversion of options on 9 January 2026. The company confirmed that these shares were issued without a disclosure document under the Corporations Act, while asserting ongoing compliance with its financial reporting and continuous disclosure obligations and stating that there is no undisclosed price-sensitive information relevant to assessing the company or the rights attached to the new shares, thereby providing reassurance to investors about the transparency and regulatory standing of the capital issue.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals Limited has applied to the ASX for quotation of 23,499,997 new fully paid ordinary shares, issued on 9 January 2026 under the code BCM. The move increases the company’s quoted capital base and may provide additional liquidity and funding flexibility to support its ongoing critical minerals exploration and development activities in Brazil, with potential implications for existing shareholders through dilution and for the company’s capacity to advance its project portfolio.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals has reported a successful bench-scale trial with Rare Earth Technologies Inc in Cincinnati, where pregnant liquor solution from its Ema ISR project was upgraded 200-fold from 930 ppm to 186,000 ppm total rare earth oxides (excluding cerium) using proprietary processing technology. The process achieved near-100% recovery of rare earth elements, clean separation of all major oxides at a minimum 99.9% purity, and highly selective rejection of impurities, while relying on non-toxic solvents and lower energy and chemical consumption than traditional methods. Company management and RETi see the results as validating the Ema project’s midstream processing pathway, supporting its ESG profile and indicating strong potential for pilot-scale expansion and eventual delivery of both light and heavy rare earths into the marketplace, which could enhance BCM’s value capture and positioning within the rare earth supply chain.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals has reported successful bench-scale field trials with Rare Earth Technologies Inc in the US, where pregnant liquor solution from the Ema ISR project was upgraded 200-fold from 930 ppm to 186,000 ppm TREO-Ce with 100% recovery of rare earth elements. Using RETi’s proprietary, environmentally safe solid-phase extraction and chromatography technology, the process produced individually separated rare earth oxides at a minimum 99.9% purity, rejected impurities efficiently, and demonstrated lower energy and chemical consumption than traditional methods, reinforcing the commercial and ESG appeal of the Ema project and supporting plans to move toward pilot-scale extraction and future market supply of light and heavy rare earths.
The most recent analyst rating on (AU:BCM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BBX Minerals Limited stock, see the AU:BCM Stock Forecast page.
Brazilian Critical Minerals Limited has reported a change in the indirect interests of director Andrew Reid, held via the Reid Family Trust, following the expiry of a tranche of his performance rights. Specifically, 7.5 million 2024 Class A performance rights lapsed at no value after the relevant performance condition was not met, reducing this particular class of rights while leaving his ordinary shareholding and remaining performance rights and options unchanged. The expiry underscores the performance-based nature of the company’s executive incentive structures and slightly reduces potential future equity dilution for existing shareholders.
Brazilian Critical Minerals Limited has announced the lapse of 13.5 million performance rights, which ceased on 1 January 2026 after the applicable conditions were not met or became incapable of being satisfied. The cessation of these conditional securities results in no new shares being issued under those rights, slightly simplifying the company’s capital structure and potentially reducing future dilution for existing shareholders.
Brazilian Critical Minerals Limited has issued 2,420,834 fully paid ordinary shares following the conversion of options on 22 December 2025, expanding its share capital base. The company confirmed that the issue was conducted without a disclosure document under the Corporations Act, and that it remains compliant with its financial reporting and continuous disclosure obligations, stating there is no excluded information that would materially affect investors’ assessment of the company or the newly issued shares.
Brazilian Critical Minerals Limited has applied to the ASX for quotation of 2,420,834 new fully paid ordinary shares, issued on 22 December 2025 under the company’s code BCM. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may provide incremental funding flexibility as it advances its critical minerals projects in Brazil, with implications for shareholder dilution and market liquidity.
Brazilian Critical Minerals Limited has disclosed a change in director Nicholas Holthouse’s interests following shareholder approval at the company’s 2025 AGM. Holthouse, who previously held 1,250,000 ordinary shares and 416,666 options, has been issued 10,000,000 2025 Performance Rights at nil consideration through his indirect holding, The Holthouse Family Account, with no securities disposed in the process. The issuance significantly increases his equity-linked exposure and further aligns his incentives with long-term company performance, a move likely to be closely watched by investors assessing management’s commitment to value creation.
Brazilian Critical Minerals Limited has disclosed a change in director Andrew Reid’s indirect interests, with the award of 15 million 2025 performance rights to the Reid Family Trust following approval at the company’s 2025 annual general meeting. The grant, which involves no cash consideration, significantly increases Reid’s exposure to the company’s future performance and aligns his incentives with shareholder value creation, underscoring the board’s use of equity-based remuneration to support long-term strategic and operational objectives.
Brazilian Critical Minerals Limited has disclosed a change in director Jeremy Robinson’s relevant interests, following the issue of 12.5 million 2025 performance rights to him indirectly through the Rubellite Holdings Trust, as approved at the company’s 2025 annual general meeting. The issuance, at nil cash consideration, significantly increases Robinson’s exposure to the company’s future performance and aligns his incentives with shareholder value creation, signalling continued use of equity-based remuneration to retain key leadership and support the company’s strategic development in the critical minerals space.
Brazilian Critical Minerals Limited has issued 65 million unquoted 2025 Performance Rights under its employee incentive scheme, with these securities subject to transfer restrictions and not quoted on the ASX until those restrictions lapse. The move signals an effort to strengthen staff alignment with long-term performance and may lead to future equity dilution, a common practice in the resources sector as companies seek to retain key talent and support ongoing project development efforts.
Brazilian Critical Minerals Limited has announced its strategic focus on low-cost rare earth production following a successful in-situ recovery (ISR) trial. This development is expected to enhance the company’s operational efficiency and strengthen its position in the rare earth industry, potentially offering significant benefits to stakeholders through cost-effective production methods.
Brazilian Critical Minerals Limited has announced promising assay results from its 2025 drilling program at the Ema project in Brazil, highlighting significant mineralisation of rare earth elements. The results confirm the potential for a long-life ISR project, with notable grades and thicknesses of REE mineralisation extending over 82 km². This positions the Ema Project as a technically mature and globally competitive development, enhancing the company’s confidence in transitioning from exploration to near-term ISR deployment and mineral resource conversion.