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Burgundy Diamond Mines Ltd
(Sydney:BDM)
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Rating:43Neutral
Price Target:
AU$0.02
▼(-20.00% Downside)
Action:Upgraded
Date:07/01/26
The score is primarily constrained by weak financial performance (large revenue drop, deep losses, and negative equity), which signals elevated balance-sheet and earnings risk. Technicals add downside pressure with the stock trading below all major moving averages, while valuation is also challenged by a negative P/E and no stated dividend yield.
Positive Factors
Asset-backed diamond production business
Owning and operating at Ekati creates a durable, asset-backed business model: the company controls extraction, recovery and sales of rough diamonds. Vertical control across mining-to-sales supports capture of production value and operational levers that remain relevant over months.
Negative Factors
Sharp revenue decline and persistent losses
A near 50% revenue drop and deep losses signal fragile demand realization or production issues and create high operating leverage risk. Sustained revenue volatility undermines margin recovery and makes multi-month planning and reinvestment difficult without clear sales stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Asset-backed diamond production business
Owning and operating at Ekati creates a durable, asset-backed business model: the company controls extraction, recovery and sales of rough diamonds. Vertical control across mining-to-sales supports capture of production value and operational levers that remain relevant over months.
Read all positive factors
Burgundy Diamond Mines Ltd (BDM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$24.16M
Dividend YieldN/A
Average Volume (3M)654.29K
Price to Earnings (P/E)―
Beta (1Y)0.42
Revenue Growth-56.66%
EPS Growth8.90%
CountryAU
Employees862
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.05
Shares Outstanding1,421,702,000
10 Day Avg. Volume0
30 Day Avg. Volume654,295
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)-0.57
Price to Sales (P/S)0.13
P/FCF Ratio-0.62
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)0.01
Revenue Forecast (FY)AU$248.00M
Burgundy Diamond Mines Ltd Business Overview & Revenue Model
Company Description
Burgundy Diamond Mines Limited primarily operates as a diamond exploration and development enterprise. Beyond its core activities in finding and advancing diamond projects, the company also engages in diamond cutting and polishing, and markets its...
How the Company Makes Money
BDM primarily makes money by selling rough diamonds recovered from its mining operations. Revenue is generated when the company extracts diamond-bearing ore, processes it through a recovery plant to produce rough diamonds, and then sorts, values, ...
Burgundy Diamond Mines Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
35
Negative
| Breakdown | Dec 2025 | Dec 2025 | Dec 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 192.73M | 442.12M | 517.29M | 5.19M | 0.00 |
| Gross Profit | -78.59M | 442.12M | 52.91M | -9.72M | -184.14K |
| EBITDA | -73.10M | -56.14M | 112.64M | -20.27M | -16.29M |
| Net Income | -89.88M | -97.26M | -1.36M | -27.99M | -19.71M |
Balance Sheet | |||||
| Total Assets | 439.91M | 461.79M | 665.48M | 203.37M | 36.85M |
| Cash, Cash Equivalents and Short-Term Investments | 26.60M | 25.14M | 94.21M | 188.30M | 21.51M |
| Total Debt | 106.93M | 146.87M | 121.97M | 31.93M | 29.58M |
| Total Liabilities | 482.54M | 645.87M | 507.60M | 37.50M | 31.53M |
| Stockholders Equity | -42.63M | 62.04M | 157.87M | 165.87M | 5.32M |
Cash Flow | |||||
| Free Cash Flow | -39.22M | -11.41M | 56.76M | -18.67M | -28.83M |
| Operating Cash Flow | 44.13M | 87.08M | 69.70M | -17.03M | -25.59M |
| Investing Cash Flow | -82.39M | -122.26M | -69.70M | -1.64M | -3.24M |
| Financing Cash Flow | 39.46M | -33.27M | -31.53M | 183.99M | 48.65M |
Burgundy Diamond Mines Ltd Technical Analysis
Negative
0.02
Price Trends
0.02
Negative
0.02
Negative
0.02
Positive
Market Momentum
>-0.01
Negative
14.07
Positive
200.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BDM, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 14.07 is Positive, neither overbought nor oversold. The STOCH value of 200.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BDM.
Burgundy Diamond Mines Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
45 Neutral | AU$24.56M | 52.50 | 2.76% | ― | ― | ― | |
45 Neutral | AU$32.22M | -9.70 | -17.92% | ― | ― | 14.47% | |
43 Neutral | AU$24.16M | -0.25 | 537.60% | ― | -56.66% | 8.90% | |
43 Neutral | AU$7.72M | -7.83 | -193.69% | ― | ― | 28.79% | |
42 Neutral | AU$26.61M | -2.82 | -164.76% | ― | ― | -24.80% | |
41 Neutral | AU$22.13M | -1.49 | -52.88% | ― | ― | ― |
* Basic Materials Sector Average
AU:BDM
Burgundy Diamond Mines Ltd
0.02
-0.02
-50.00%
AU:GIB
Gibb River Diamonds Limited
0.03
>-0.01
-2.86%
AU:GSN
Great Southern Mining Limited
0.02
>-0.01
-22.22%
AU:BMR
Ballymore Resources Limited
0.13
-0.05
-27.33%
AU:C1X
Cosmos Exploration Limited
0.10
0.03
47.06%
AU:LKY
Locksley Resources Limited
0.05
-0.07
-55.00%
Burgundy Diamond Mines Ltd Corporate Events
Burgundy Diamond Mines Restructures Director O’Keeffe’s Shareholding
Jun 25, 2026
Burgundy Diamond Mines Ltd has reported a change in the way director William Michael O’Keeffe holds a portion of his equity in the company, following an off-market transfer of shares. A total of 54,353,535 ordinary shares were moved from Pro...
Burgundy Diamond Mines Secures Extension in ACDC Process and Names New CFO
May 27, 2026
Burgundy Diamond Mines reported that the Supreme Court of British Columbia has extended the stay of proceedings for its subsidiary Arctic Canadian Diamond Company to July 28, while also approving interim debtor-in-possession financing and launchin...
Burgundy Diamond Mines Issues 1.49 Billion Long-Dated Warrants
May 8, 2026
Burgundy Diamond Mines has notified the market of the issuance of more than 1.49 billion unquoted Tranche B warrants, with an exercise price of 1.7 cents and an expiry date of December 17, 2035. The large, long-dated warrant issue, which stems fro...
Burgundy Diamond Mines Plans Major Issue of Long-Dated Warrants
May 7, 2026
Burgundy Diamond Mines has lodged an Appendix 3B with the ASX outlining a proposed placement or similar issue of new securities. The company plans to issue up to 1,499,293,862 Tranche B warrants, each with an exercise price of 1.7 cents and an exp...
Burgundy Diamond Mines Shareholders Back Warrants and Choron Sales at AGM
Apr 30, 2026
Burgundy Diamond Mines Limited reported the results of its Annual General Meeting held on 30 April 2026, where shareholders voted on resolutions tied to capital structure and key commercial arrangements. Investors strongly backed the ratification ...
Burgundy Diamond Mines Posts Heavy Cash Outflows, Bolsters Funding With New Debt
Apr 30, 2026
Burgundy Diamond Mines Limited reported its quarterly cash flow for the period ended 31 March 2026, showing significant operating cash outflows driven largely by production, staff, and selling costs. Despite receiving customer payments and interes...
Burgundy Diamond Mines Faces Lower Ekati Output as Debt and Inventories Rise
Apr 30, 2026
Burgundy Diamond Mines reported mixed operational performance at its flagship Ekati asset for the March 2026 quarter, with ore mined rising 19 per cent and grade improving, but tonnes processed falling 41 per cent and carats recovered and sold dec...
Burgundy Diamond Mines Lifts Ekati Ore Reserves Despite Modest Resource Depletion
Apr 30, 2026
Burgundy Diamond Mines has released its updated annual Mineral Resource and Ore Reserve statement for the Ekati diamond mine as of 31 December 2025, showing modest depletion of Indicated and Inferred Mineral Resources due to ongoing mining at the ...
Burgundy Diamond Mines Faces ASX Deadlines After Prolonged Trading Suspension
Apr 17, 2026
Burgundy Diamond Mines has been named by ASX among entities whose securities have been suspended for more than three months, reflecting ongoing compliance or reporting issues. The exchange notes that Burgundy’s full-year accounts are overdue...
Burgundy Diamond Mines defends Choron financing as non‑material to share value
Apr 16, 2026
Burgundy Diamond Mines has responded to an ASX query regarding its financing and sales arrangements with Choron, stating that it does not consider these Choron Funding Arrangements to be information that would materially affect the price or value ...
Burgundy Diamond Mines Calls 2026 Meeting on Warrants and Historical Sales Breach
Apr 2, 2026
Burgundy Diamond Mines has called a general meeting for 30 April 2026 in Subiaco, Western Australia, where shareholders will vote on several key capital and compliance resolutions. Eligible shareholders as of 29 April 2026 are urged by the board, ...
Burgundy Diamond Mines Sets April General Meeting, Emphasises Digital Proxy Voting
Apr 2, 2026
Burgundy Diamond Mines has called a General Meeting of shareholders to be held in Subiaco, Western Australia, on 30 April 2026, outlining that the Notice of Meeting and Explanatory Statement will be provided primarily via the company’s websi...
Burgundy Diamond Mines Suspension on ASX Extended Over Missing Accounts
Apr 1, 2026
Burgundy Diamond Mines Limited remains suspended from trading on the ASX, after the company requested a halt in September 2025 while it worked to finalise a funding package. The suspension will continue because BDM has failed to lodge its Full Yea...
Burgundy Diamond Mines Delays FY25 Results as Funding Talks Hold Up Audit
Apr 1, 2026
Burgundy Diamond Mines has delayed lodging its audited financial statements and annual report for the year ended 31 December 2025, citing the need for more time to finalise its accounts and complete an updated funding arrangement. The board, follo...
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.