Beacon Minerals Limited (AU:BCN)
ASX:BCN
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Beacon Minerals
(Sydney:BCN)
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Rating:48Neutral
Price Target:
AU$3.50
▲(17.45% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak financial performance (negative margins and weakening cash flow) and bearish technicals (below key moving averages with negative MACD). A low P/E and modest dividend yield provide valuation support but are secondary to the fundamental and trend risks.
Positive Factors
Revenue Growth
Sustained high reported revenue growth signals improving project monetization or sales execution. Over a 2-6 month horizon, stronger top-line momentum can underpin funding for exploration and development, improve negotiating leverage with partners, and support operational scaling if costs are contained.
Negative Factors
Negative Profitability Margins
Persistently negative gross, EBIT and net margins show the company fails to convert revenue into profits. Over months this constrains retained earnings and reinvestment, raises dependence on external funding, and implies structural cost or pricing issues that must be solved to restore viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained high reported revenue growth signals improving project monetization or sales execution. Over a 2-6 month horizon, stronger top-line momentum can underpin funding for exploration and development, improve negotiating leverage with partners, and support operational scaling if costs are contained.
Read all positive factors
Beacon Minerals (BCN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$391.95M
Dividend YieldN/A
Average Volume (3M)99.55K
Price to Earnings (P/E)5.2
Beta (1Y)1.33
Revenue Growth11.43%
EPS Growth-238.93%
CountryAU
Employees46
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.14
Shares Outstanding111,350,020
10 Day Avg. Volume133,972
30 Day Avg. Volume99,552
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)1.71K
Price to Sales (P/S)1226.44
P/FCF Ratio40.03K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.33
Revenue Forecast (FY)AU$182.50M
Beacon Minerals Business Overview & Revenue Model
Company Description
Beacon Minerals Limited, together with its subsidiaries, engages in the mineral exploration, development, and production activities in Western Australia. The company holds a 100% interest in the Jaurdi gold project located to the northwest of Cool...
How the Company Makes Money
null...
Beacon Minerals Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| 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
Positive
2.98
Price Trends
3.70
Negative
3.29
Positive
2.60
Positive
Market Momentum
-0.09
Negative
52.57
Neutral
78.40
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BCN, the sentiment is Positive. The current price of 2.98 is below the 20-day moving average (MA) of 3.32, below the 50-day MA of 3.70, and above the 200-day MA of 2.60, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 52.57 is Neutral, neither overbought nor oversold. The STOCH value of 78.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BCN.
Beacon Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$298.02M | 2.58 | 16.50% | 3.30% | 48.57% | 666.83% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$248.70M | -4.78 | -8.87% | ― | ― | 15.86% | |
48 Neutral | AU$391.95M | 5.17 | 10.73% | ― | 11.43% | -238.93% | |
47 Neutral | AU$369.21M | -55.21 | -1.74% | ― | ― | 28.13% | |
45 Neutral | AU$452.98M | -12.61 | -78.03% | ― | ― | 20.69% | |
42 Neutral | AU$466.55M | -1.98 | -42.80% | ― | 3078.36% | -93.66% |
* Basic Materials Sector Average
AU:BCN
Beacon Minerals
3.52
2.46
232.08%
AU:TGM
Theta Gold Mines
0.22
0.08
59.26%
AU:TBR
Tribune Resources Limited
5.68
1.01
21.76%
AU:AAR
Astral Resources NL
0.21
0.04
28.12%
AU:ASL
Mitre Mining Corporation Limited
2.13
1.23
137.99%
AU:BTR
Brightstar Resources Limited
0.43
-0.10
-19.05%
Beacon Minerals Corporate Events
Beacon Minerals Sells Non-Core Mt Dimer Tenements to Streamline Portfolio
Apr 1, 2026
Beacon Minerals has completed the sale of its non-core Mt Dimer mining and exploration tenements in Western Australia to Forrestania Resources, receiving total consideration of A$200,000. The divested package includes the company’s 100% inte...
Beacon Minerals Completes MacPhersons Sale to Refocus on Lady Ida Gold Project
Mar 29, 2026
Beacon Minerals has completed the sale of its wholly owned subsidiary MacPhersons Reward Pty Ltd to Forrestania Resources, receiving $5 million in cash and 36 million Forrestania shares as consideration. The deal delivers immediate liquidity while...
Beacon Minerals Issues 250,000 New Unquoted Options
Mar 26, 2026
Beacon Minerals Limited has notified the market of the issuance of 250,000 unquoted options as part of its capital management activities. The options, exercisable at $4.19 and expiring on 24 March 2030, expand the company’s pool of unlisted ...
Beacon Minerals Plans Issue of 250,000 Unlisted Options
Mar 26, 2026
Beacon Minerals has notified the ASX of a proposed issue of 250,000 unlisted options as part of a placement or similar capital-raising structure. The options will have an exercise price of $4.19 and an expiry date of 24 March 2030, with the propos...
Beacon Minerals Drilling Confirms High-Grade Gold Potential at Iguana
Mar 16, 2026
Beacon Minerals has reported continued drilling success at its Iguana Deposit, with assay results from a further 192 reverse circulation holes totalling 34,062 metres confirming multiple high-grade gold intersections. The latest results indicate e...
Beacon Minerals Seeks Quotation for Small Parcel of New Shares
Mar 16, 2026
Beacon Minerals has applied for quotation of 7,000 new ordinary fully paid shares on the ASX, with an issue date of March 16, 2026. The small size of the share issuance suggests only a minor capital or equity structure adjustment, indicating limit...
Beacon Minerals Seeks ASX Quotation for Additional Shares
Mar 5, 2026
Beacon Minerals Limited has applied to the ASX for quotation of 30,816 additional ordinary fully paid shares, expanding its listed capital base. The new securities, issued on March 5, 2026, reflect conversions or exercises of existing options or o...
Beacon Minerals Files Interim Financial Report for Half Year to 31 December 2025
Feb 27, 2026
Beacon Minerals Limited has released its interim financial report for the half year ended 31 December 2025, outlining consolidated profit and loss, balance sheet, cash flows and changes in equity for the period. The document, presented as an Appen...
Beacon Minerals Seeks ASX Quotation for Additional Shares
Feb 25, 2026
Beacon Minerals Limited has applied to the ASX for quotation of 51,235 new fully paid ordinary shares, which were issued on 24 February 2026. The additional securities arise from the exercise or conversion of existing options or other convertible ...
Beacon launches maiden drilling campaign at Lady Ida’s Lizard gold project
Feb 23, 2026
Beacon Minerals has begun its maiden reverse circulation drilling campaign at the Lady Ida–Lizard project near Kalgoorlie, deploying a JBell Drilling rig to complete 2,200 metres targeting zones of high-grade gold mineralisation. The program...
Beacon Minerals Seeks ASX Quotation for Additional Ordinary Shares
Feb 6, 2026
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 refl...
Beacon Minerals Plans Issue of 500,000 Unlisted Options
Feb 6, 2026
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 issue...
Beacon Minerals Issues 500,000 Unquoted Options Expiring 2030
Feb 6, 2026
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-bas...
Beacon Minerals Seeks Quotation for Nearly 2 Million New Shares on ASX
Jan 30, 2026
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 modes...
Beacon Minerals Boosts Cash, Margins as Lady Ida Development Gathers Pace
Jan 30, 2026
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 o...
Beacon Minerals Hits First Blast Milestone at Lady Ida–Iguana Gold Project
Jan 27, 2026
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 ...
Beacon Minerals Lifts Gold Sales and Recovery as Jaurdi Output Strengthens
Jan 14, 2026
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 ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.