Coolabah Metals Ltd. (BHM) AI Stock Analysis

• Market Cap: AU$165.24M
• Dividend Yield: N/A
• Average Volume (3M): 654.40K
• Price to Earnings (P/E): 1.1
• Beta (1Y): -0.34
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Other Precious Metals
• EPS (TTM): 0.59
• Shares Outstanding: 268,682,220
• 10 Day Avg. Volume: 576,262
• 30 Day Avg. Volume: 654,403
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 33 Underperform
• Price Target: ―

Coolabah Metals Ltd. faces significant financial and operational challenges as reflected in its lack of revenue, consistent losses, and reliance on external financing. The technical analysis shows no active market momentum, and the valuation highlights major concerns with a negative P/E ratio and no dividends. These factors collectively result in a low overall stock score, indicating high risk and limited investment attractiveness under current conditions.

Positive Factors

High-Grade Mineral Discoveries

The discovery of high-grade mineral deposits at Pinnacles Mine suggests significant potential for resource expansion and increased production capabilities, which could enhance long-term revenue prospects and market position.

Strategic Joint Ventures

The joint venture allows Coolabah Metals to optimize mining operations and share profits, potentially strengthening its position in the mining sector and providing a stable revenue stream.

Financial Flexibility

Replacing the cash-backed bond with a surety bond frees up cash for growth activities and working capital, enhancing financial flexibility and supporting strategic initiatives.

Negative Factors

Consistent Losses

The lack of revenue and ongoing losses highlight significant operational challenges, raising concerns about the company's ability to achieve profitability and sustain long-term operations without external financing.

Reliance on External Financing

Dependence on external financing poses sustainability risks, as it may limit operational flexibility and increase vulnerability to market fluctuations, impacting long-term financial stability.

Negative Cash Flow

Negative cash flows indicate inefficiencies in converting sales to cash, which could hinder the company's ability to fund operations and growth initiatives, affecting its long-term financial health.

Coolabah Metals Ltd. Business Overview & Revenue Model

Company Description

Coolabah Metals Limited engages in the acquisition, exploration, and development of resource projects in Australia. The company explores for gold, copper, and base and other metal deposits. Its flagship property includes the Coolabah project that consists of four granted exploration licenses covering an area of approximately 1,177 square kilometers located in Lachlan Fold Belt, New South Wales. Coolabah Metals Limited was incorporated in 2021 and is based in Perth, Australia.

How the Company Makes Money

Coolabah Metals Ltd. generates revenue primarily through the exploration and potential development of mineral resources. The company invests in exploratory activities to identify viable mining projects, which can lead to the sale or joint venture of these projects with larger mining companies. Revenue streams may include the sale of mineral rights, joint venture partnerships, and potential future earnings from production if viable deposits are developed into operational mines. Key factors contributing to its earnings include successful discovery of mineral deposits, favorable market conditions for base metals, and strategic partnerships with other mining entities.

Coolabah Metals Ltd. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Coolabah Metals Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BHM, the sentiment is Positive. The current price of 0.62 is above the 20-day moving average (MA) of 0.57, above the 50-day MA of 0.46, and above the 200-day MA of 0.32, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 64.77 is Neutral, neither overbought nor oversold. The STOCH value of 53.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BHM.

Coolabah Metals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.42B	7.39	-0.05%	2.86%	2.86%	-36.73%
BPM	45 Neutral	AU$7.16M	―	-75.75%	―	―	-298.96%
OCT	44 Neutral	AU$4.35M	―	-46.53%	―	―	-126.60%
ATT	36 Underperform	AU$6.04M	―	-125.14%	―	―	45.82%
DUN	34 Underperform	AU$2.14M	―	-25.70%	―	-100.00%	80.33%
M3M	34 Underperform	AU$2.70M	―	-103.28%	―	―	30.00%
BHM	33 Underperform	AU$165.24M	1.13	63.40%	―	―	―

Coolabah Metals Ltd. Corporate Events

Coolabah Metals Reports High-Grade Intercepts at Pinnacles Mine

Coolabah Metals Ltd. has reported exceptional results from historical drilling at the Pinnacles Mine, highlighting high-grade silver-lead-zinc intercepts that suggest significant open pit and underground development potential. The company has also undertaken strategic transactions, including a joint venture and financing arrangements, which could enhance its market position and operational capabilities.

Coolabah Metals Announces Upsized Public Offering and Acquisition Update

Coolabah Metals Limited has announced an upsized public offering to raise between $15 million and $20 million, alongside a consolidation of its issued capital. This move is part of the company’s strategy to align its share price with the public offer price and comply with ASX listing rules. The acquisition of Broken Hill Mines Pty Ltd is a significant step, with revised terms including a 2% net smelter royalty and conditions precedent that need to be satisfied by July 2025. The transaction aims to strengthen the company’s market position and enhance shareholder value.

Coolabah Metals Announces Cessation of Securities

Coolabah Metals Ltd. announced the cessation of 2,516,678 securities due to the expiry of options without exercise or conversion as of March 31, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future market positioning.

Coolabah Metals Unveils Promising High-Grade Drilling Results at Pinnacles Mine

Coolabah Metals Limited has announced exceptional assay results from historical drilling at the Pinnacles Mine, revealing high-grade silver-lead-zinc intercepts. These findings suggest significant potential for both open-pit and underground mining developments. The results include impressive grades of silver, lead, and zinc, indicating a promising opportunity for resource expansion and increased production capabilities. The company plans to process over 1,100 meters of additional unassayed drill core and conduct a follow-up drilling program targeting shallow open-pit resources, which could enhance its market position and attract stakeholder interest.

Broken Hill Mines Enters Joint Venture for Pinnacles Mine Operations

Broken Hill Mines Pty Ltd, a subsidiary of Coolabah Metals Ltd., has exercised its option to enter a 70/30 joint venture with Pinnacles Mines Pty Ltd for operations at the Pinnacles Mine in New South Wales. This agreement allows BHM to become the exclusive operator of the mine, with ore being processed at their Rasp Mine facility. The joint venture aims to optimize mining operations and share profits, potentially strengthening BHM’s position in the mining sector.

Coolabah Metals Ltd. Releases Interim Financial Report for H2 2024

Coolabah Metals Ltd. has released its interim financial report for the half-year ending December 31, 2024. The report provides insights into the company’s financial performance, including statements of profit or loss, financial position, cash flows, and changes in equity. This release is significant as it offers stakeholders a detailed view of the company’s financial health and operational efficiency during the specified period.

Broken Hill Mines Secures Surety Bond to Unlock Growth Capital

Broken Hill Mines, a subsidiary of Coolabah Metals Limited, has secured a binding conditional term sheet with a major North American insurer to replace its existing A$17 million cash-backed environmental bond with a surety bond. This strategic financial move will free up previously quarantined cash, allowing the company to invest in growth activities and general working capital for its Rasp and Pinnacles Mines. The surety bond, featuring a four-year term at a 2.5% interest rate, is subject to final documentation and approvals expected by June 2025. This development is anticipated to enhance the company’s operational flexibility and financial positioning.

Coolabah Metals to Upsize Public Offer Amid Strong Demand

Coolabah Metals Limited, soon to be renamed Broken Hill Mines Limited, operates in the mining industry. The company announced that due to strong investor demand, it will withdraw its current re-compliance prospectus and issue an upsized replacement prospectus for its public offer. All application monies received will be returned, and no shares will be issued under the current prospectus. The company plans to release the new prospectus in the coming weeks and will update the market with a revised timetable.

Coolabah Metals Withdraws Prospectus Offers, Halts Securities Issuance

Coolabah Metals Limited has announced the withdrawal of its offers as outlined in its February 2025 prospectus. This decision, formalized in a supplementary prospectus, signifies that no securities will be issued, and all application monies will be returned to applicants. The move impacts the company’s immediate capital-raising efforts and may influence its strategic operations and stakeholder engagements.

Broken Hill Mines Secures $25M Financing Deal with Hartree Metals

Broken Hill Mines has secured a US$25 million Offtake Financing Facility with Hartree Metals LLC to support expansion at its Rasp and Pinnacles operations. This agreement includes the purchase of 200,000 tons of lead concentrate and replaces a previous deal with Trafigura Group. The financing will enhance the company’s growth plans and development activities, positioning it strategically in the market.

Coolabah Metals Secures ASX Waiver for Extended Securities Issuance

Coolabah Metals Limited, an entity listed on the Australian Securities Exchange (ASX), has been granted a waiver from ASX Listing Rule 14.7 regarding the timing of issuing certain securities approved by shareholders. This waiver allows the company to issue these securities by 31 March 2025, an extension from the initially planned date of 28 February 2025, due to pending conditions such as raising the minimum subscription under the public offer. The company’s ability to delay the issuance of these securities might affect its operational timelines and strategic financial transactions, providing flexibility in completing necessary conditions for its public offer.

Coolabah Metals Ltd. Strengthens Position with New Acquisitions in Broken Hill

Coolabah Metals Ltd. has announced its acquisition and development plans for the Rasp Mine and a commercial transaction concerning the Pinnacles Mine in Broken Hill, NSW. The company intends to raise between A$3 million and A$4 million through a public offer to fund these projects, aiming to enhance its mineral resource base and strengthen its position in the mining sector.