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Beacon Minerals
(Sydney:BCN)
Beacon Minerals (BCN) vs. iShares MSCI Australia ETF (EWA)
Beacon Minerals Business Overview & Revenue Model
Beacon Minerals Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 134.39M | 92.73M | 82.90M | 72.30M | 71.16M | 73.73M |
| Gross Profit | 25.68M | -10.38M | 33.67M | 10.60M | 25.39M | 35.87M |
| EBITDA | 41.66M | 12.70M | 27.97M | 31.78M | 39.64M | 41.23M |
| Net Income | 8.09M | -14.00M | 9.19M | 5.22M | 14.83M | 20.28M |
Balance Sheet | ||||||
| Total Assets | 140.01M | 112.32M | 112.64M | 87.86M | 80.26M | 64.75M |
| Cash, Cash Equivalents and Short-Term Investments | 36.14M | 14.48M | 5.88M | 4.44M | 12.81M | 22.10M |
| Total Debt | 9.48M | 8.32M | 9.36M | 793.39K | 1.09M | 0.00 |
| Total Liabilities | 55.83M | 45.74M | 44.85M | 25.57M | 21.55M | 13.28M |
| Stockholders Equity | 84.17M | 66.59M | 67.79M | 62.29M | 58.71M | 51.47M |
Cash Flow | ||||||
| Free Cash Flow | 21.11M | 2.84M | 6.64M | -5.18M | -1.54M | 31.69M |
| Operating Cash Flow | 36.83M | 12.17M | 36.07M | 21.33M | 33.29M | 41.23M |
| Investing Cash Flow | -30.02M | -9.50M | -29.83M | -28.49M | -34.85M | -9.54M |
| Financing Cash Flow | -5.36M | 5.92M | -4.81M | -1.20M | -7.75M | -26.11M |
Beacon Minerals Technical Analysis
Beacon Minerals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | AU$159.25M | 12.13 | 13.04% | 4.01% | 24.48% | 97.18% | |
64 Neutral | AU$1.07B | 24.85 | 22.29% | ― | 117.95% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | AU$236.76M | -7.71 | -43.66% | ― | 46.74% | -47.98% | |
52 Neutral | AU$455.27M | 56.88 | -20.84% | ― | 11.43% | -238.93% | |
49 Neutral | AU$283.41M | -20.08 | -454.45% | ― | ― | 15.86% | |
47 Neutral | AU$291.01M | -5.11 | ― | ― | ― | ― |
Beacon Minerals Corporate Events
Beacon Minerals Limited has applied for quotation on the ASX of 22,906 additional ordinary fully paid shares, issued on 5 February 2026 following the exercise of options or conversion of other securities. The modest increase in quoted capital reflects routine capital management activity rather than a major equity raising, but it marginally expands the company’s tradable share base and may slightly enhance liquidity for existing shareholders.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced a proposed issue of 500,000 unlisted options as part of a placement or other type of security issue, with each option exercisable at $6.11 and expiring on 2 February 2030. The options are scheduled to be issued on 3 February 2026, indicating the company is using equity-linked incentives or financing tools that may affect its future capital structure and potentially dilute existing shareholders if exercised.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has notified the market of the issue of 500,000 unquoted options, exercisable at $6.11 and expiring on 2 February 2030. The new options, to be issued on 3 February 2026, reflect the company’s ongoing use of equity-based instruments as part of its capital management and incentive arrangements, potentially affecting future dilution and aligning stakeholders with the company’s long‑term performance.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has applied for quotation on the ASX of 1,955,054 additional ordinary fully paid shares, with an issue date of 30 January 2026. The new securities, arising from the exercise or conversion of existing instruments, will modestly increase the company’s listed share base and may provide additional capital or liquidity to support its ongoing mining operations and growth plans.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals reported December quarter gold production of 7,310 ounces at an all-in sustaining cost of A$3,832 per ounce, supported by mill throughput of 207,283 dry tonnes and substantial run-of-mine stockpiles containing an estimated 14,000 ounces. Quarterly gold sales reached 8,350 ounces at an average price of A$6,403 per ounce, generating A$53.47 million in receipts and leaving the company with A$36.05 million in cash, alongside significant retained gold holdings at the Perth Mint and in transit that together underscore a robust liquidity position and ongoing gold-retention strategy. Operationally, Beacon advanced development at the Lady Ida Gold Project, with mining operations commencing at the Iguana open pit, continued exploration and resource definition drilling, and infrastructure upgrades including tank farm improvements and relocation of mining equipment from MacPhersons, all contributing to improved recoveries of up to more than 93% on laterite material and reinforcing the company’s production outlook and margins heading into 2026.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals has achieved a key development milestone at its Lady Ida – Iguana gold project in Western Australia, successfully completing the first blast at the new open pit on 24 January 2026, which will deliver an initial 20,000 tonnes of laterite ore. Site infrastructure, including mining workshops and offices, is under construction and due for completion in March, with assets being transferred from the MacPhersons operation, while sequential blasting, initial ore mining, and road haulage to the Jaurdi processing plant are set to ramp up through February. The company plans to begin stockpiling Iguana ore at both the mine and Jaurdi ROM in early to mid-February, feed Iguana ore into the Jaurdi mill later that month following completion of MacPhersons processing, and expects its first gold pour from the project in late February 2026, which will activate its joint venture with Lamerton Pty Ltd and Geoda Pty Ltd and mark a significant step in Beacon’s growth strategy.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals reported strong December 2025 quarter production at its Jaurdi Gold Project, with 7,310 ounces of gold produced and 258,482 dry tonnes milled, including ore from the Lady Ida earn-in joint venture. Mill recoveries averaged 88% but rose to 93% when processing Lady Ida stockpiles and laterites late in the quarter, and gold sales reached 8,350 ounces at an average price of $6,403 per ounce, generating $53.47 million in revenue and marking a roughly 23% rise in realised price over the prior quarter. Operationally, mining at the MacPhersons pit is nearing completion with additional ore from a revised final cut, equipment is being transitioned to Lady Ida where laterite pre-strip is advanced and first ore is exposed, and remaining Lady Ida stockpiles and laterites are scheduled to be processed over the second half of FY25/26. The company also strengthened its balance sheet through the exercise of 3.57 million listed options raising $4.28 million and returned capital to shareholders via fully franked ordinary and special dividends, while continuing a strategy of retaining some gold in its Perth Mint metal account and selling sufficient ounces to cover operating costs, with JV partner GL contributing its share of cash operating costs for processing Lady Ida material.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has applied for the quotation of 406,024 new ordinary fully paid shares on the ASX, following the issue of these securities on 24 December 2025. The additional shares, arising from the exercise or conversion of existing options or other convertible securities, will modestly expand the company’s share base and may have incremental implications for liquidity and existing shareholders’ holdings as the new securities commence trading.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals has agreed to sell its non-core Mt Dimer mining and exploration tenement package in Western Australia to Forrestania Resources for A$50,000, as part of its ongoing portfolio rationalisation strategy to monetise peripheral assets and cut holding and compliance costs. The deal also includes a A$150,000 exclusivity payment granting Forrestania a pre-emptive right over a further group of Mt Dimer-area tenements, while Beacon intends to use sale proceeds for working capital in line with its gold-retention policy and to continue drilling on the remaining tenements to grow resources and support a future mine decision, signalling a more focused capital allocation strategy for stakeholders.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Forrestania Resources has expanded its Mt Dimer Hub through the acquisition of three mining leases and one exploration licence from Beacon Minerals for $50,000 in cash, while also securing pre‑emptive rights over Beacon’s remaining Mt Dimer tenure – two mining leases and four miscellaneous licences – for an additional $150,000. The newly acquired ground, located north of Forrestania’s existing holdings and proximal to the Dimer‑Jackson Fault, consolidates the company’s footprint in a highly prospective segment of the Marda‑Diemals Greenstone Belt, reinforcing its regional exploration strategy and potentially enhancing future resource growth opportunities at Mt Dimer.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced a proposed issue of 500,000 unlisted options, exercisable at $3.65 on or before December 10, 2029. This strategic financial maneuver is intended to enhance the company’s capital structure, potentially impacting its operational capabilities and market positioning by providing additional resources for growth and development.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited announced the issuance of 500,000 unlisted options with an exercise price of $3.65, set to expire on December 10, 2019. This move is part of the company’s strategic financial maneuvers to potentially enhance its capital structure and support its ongoing operations, which could have implications for its market positioning and stakeholder interests.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced the application for the quotation of 2,097 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 9, 2025. This move is part of the company’s strategy to increase its capital base and improve liquidity, potentially impacting its market positioning and providing opportunities for stakeholders.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited announced a change in the director’s interest, specifically involving Graham McGarry. The change involved the exercise of listed options, resulting in an increase in the number of ordinary fully paid shares held by McGarry. This adjustment in shareholding reflects the company’s ongoing internal financial activities and may influence stakeholder perceptions of its governance and financial strategies.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced the quotation of 1,048,870 fully paid ordinary securities on the ASX, effective December 9, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and potentially increase its market presence, which could have implications for its stakeholders and industry positioning.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals has received assay results from its Iguana Resource Development program, revealing significant high-grade gold intersections. The company has also secured a Land Use Agreement with the Marlinyu Ghoorlie Native Title Claimant Group, marking progress in its collaborative efforts. Additionally, Beacon has obtained primary approvals for the Iguana Stage 1 project, with plans to update the Mineral Resource Estimate and Ore Reserve by late January 2026. These developments signify a major milestone for the company, enhancing its operational capabilities and strengthening its industry position.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced the quotation of 369,276 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of December 2, 2025. This move is part of the company’s efforts to leverage its convertible securities, potentially impacting its financial structure and offering new opportunities for investors.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced a proposed issue of 3,000,000 unlisted options, exercisable at $3.51 on or before November 30, 2029. This strategic move is aimed at strengthening the company’s financial position and enhancing its market operations, potentially impacting its stakeholders by providing additional capital for growth and development.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced a change in the director’s interest, specifically involving Graham McGarry. The change involves the acquisition of 256,151 ordinary fully paid shares and the disposal of 256,151 listed options, resulting in a new holding of 7,561,507 ordinary shares and 655,172 listed options. This adjustment in shareholding reflects strategic decisions by the director and may influence stakeholder perceptions of the company’s future direction.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced the quotation of 1,603,958 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective November 25, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited held its Annual General Meeting on November 26, 2025, where key resolutions were passed. The adoption of the Remuneration Report was carried with a significant majority, and Geoffrey Greenhill was re-elected as a director, both indicating strong shareholder support and stability in the company’s leadership.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced its strategy to maintain a strong, profitable production base at Jaurdi, which provides the cash flow and operational stability necessary for ongoing expansion. The company plans to reinvest cash generated from operations into near-mine exploration to extend the mine’s life and unlock additional resources in the Jaurdi region, thereby enhancing its industry positioning and providing potential benefits to stakeholders.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced a fully franked dividend of $0.04 per share and a special dividend of $0.01 per share, totaling $0.05 per share. Shareholders must exercise their options by December 8, 2025, to be eligible for the dividend. This announcement highlights the company’s commitment to returning value to shareholders and may influence investor decisions regarding option exercises.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.
Beacon Minerals Limited has announced the quotation of new securities on the ASX, with a total of 63 ordinary fully paid shares to be issued. This move indicates the company’s ongoing efforts to manage its capital structure and potentially enhance its market position, which could have implications for its financial strategy and stakeholder interests.
The most recent analyst rating on (AU:BCN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Minerals stock, see the AU:BCN Stock Forecast page.