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Coolabah Metals Ltd.
(Sydney:BHM)
Coolabah Metals Ltd. (BHM) vs. iShares MSCI Australia ETF (EWA)
Coolabah Metals Ltd. Business Overview & Revenue Model
Coolabah Metals Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|
Income Statement | |||
| Total Revenue | 0.00 | 0.00 | 0.00 |
| Gross Profit | -44.09K | -3.09K | 0.00 |
| EBITDA | -2.02M | -2.67M | -669.44K |
| Net Income | -2.07M | -2.62M | -669.44K |
Balance Sheet | |||
| Total Assets | 7.01M | 5.51M | 203.81K |
| Cash, Cash Equivalents and Short-Term Investments | 4.33M | 3.71M | 114.48K |
| Total Debt | 149.82K | 0.00 | 0.00 |
| Total Liabilities | 414.75K | 289.89K | 214.63K |
| Stockholders Equity | 6.60M | 5.23M | -10.82K |
Cash Flow | |||
| Free Cash Flow | -1.72M | -2.97M | -544.14K |
| Operating Cash Flow | -1.69M | -2.81M | -544.14K |
| Investing Cash Flow | -27.83K | -192.41K | 0.00 |
| Financing Cash Flow | 2.35M | 6.60M | 658.62K |
Coolabah Metals Ltd. Technical Analysis
Coolabah Metals Ltd. Peers Comparison
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% | |
48 Neutral | AU$23.23M | -4.83 | -61.72% | ― | ― | 8.81% | |
48 Neutral | AU$6.95M | -3.96 | -25.70% | ― | -100.00% | 80.33% | |
44 Neutral | AU$6.11M | -1.22 | -55.11% | ― | ― | -164.12% | |
42 Neutral | AU$6.06M | -1.02 | -135.06% | ― | ― | 30.99% | |
36 Underperform | AU$8.32M | -0.74 | -145.66% | ― | ― | 34.61% | |
33 Underperform | AU$340.70M | 1.98 | 63.40% | ― | ― | ― |
Coolabah Metals Ltd. Corporate Events
Broken Hill Mines Limited has lodged a cleansing prospectus dated 22 December 2025 with ASIC for a small offer of up to 10 shares at $1.00 each, primarily to remove trading restrictions on shares issued before the closing date under section 708A(11) of the Corporations Act. The offer, which is only open to personally invited investors and must be made using the original application form accompanying the prospectus, is essentially an administrative step that facilitates normal trading in previously issued shares rather than a capital-raising initiative, underscoring the speculative nature of the securities while confirming the company’s compliance with continuous disclosure obligations.
Broken Hill Mines Limited, listed on the ASX under the code BHM, operates in the mining sector, though this announcement does not provide further detail on its specific commodities or projects.
The company has applied for quotation on the ASX of 377,256 new fully paid ordinary shares issued on 22 December 2025, arising from an employee incentive scheme, signalling ongoing use of equity-based remuneration and a modest expansion of its quoted capital base.
Broken Hill Mines Limited has applied to the ASX for quotation of 706,651 new fully paid ordinary shares, issued to the underwriters in relation to unexercised options. The additional shares modestly increase the company’s listed capital base and reflect the completion of underwriting arrangements tied to options that were not taken up by holders, clarifying the company’s capital structure for investors.
Broken Hill Mines Limited has lodged an application with the ASX for the quotation of 8,617,967 new ordinary fully paid shares, to be issued on 22 December 2025. The move will expand the company’s quoted capital base, potentially enhancing liquidity in its stock and providing additional flexibility for future funding or corporate initiatives, though the announcement does not specify the precise purpose of the new share issuance.
Broken Hill Mines Limited has announced the issuance of 12,163,615 ESIP performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, indicating a strategic move to motivate and retain key personnel, potentially impacting the company’s operational efficiency and stakeholder engagement.
Broken Hill Mines Limited has announced a ramp-up in mining and processing activities at its high-grade silver-lead-zinc Main Lode ore body, Blackwoods, alongside significant assay results indicating potential resource growth. The company plans to expand its drilling program in 2026, aiming to enhance resource extensions and fully utilize its processing plant capacity, which could strengthen its market position and benefit stakeholders.
Broken Hill Mines Limited announced the results of its Annual General Meeting, where all resolutions were decided on a poll. Key resolutions included the re-election of a director, approval of a new plan, and ratification of prior share placements, all of which were carried with significant support. This outcome reflects strong shareholder confidence in the company’s strategic direction and governance, potentially bolstering its market position and stakeholder relations.
Broken Hill Mines Limited, a company listed on the Australian Securities Exchange, has announced the expiration of 9,324,618 quoted options under the ASX Code BHMO, which are exercisable at $0.80. These options will expire on December 12, 2025, and the official quotation will cease on December 8, 2025. The company has informed option holders of the necessary steps to exercise their options before the expiry date. The market price of the company’s shares was $0.845 as of November 25, 2025, with a high of $1.18 and a low of $0.39 in the preceding three months. Additionally, the company has secured a binding underwriting agreement for all listed options under the ASX ticker BHMO.
Broken Hill Mines Limited is focused on the operation and development of the Rasp and Pinnacles Mines in Broken Hill, New South Wales, which are involved in the exploration and production of minerals like silver, lead, and zinc. The company has highlighted the high-risk nature of mineral exploration and development, emphasizing that there is no assurance of profitable operations. The presentation provides general information about the company’s projects and is not intended as a disclosure document or financial advice, urging potential investors to conduct their own assessments.
Broken Hill Mines Limited, a company focused on mining operations, has reported significant results from its extension drilling at the Pinnacles Mine, revealing high-grade silver-lead-zinc intercepts. The company is nearing completion of its Phase 1 drilling and plans to launch its largest drilling program ever, Phase 2, in early 2026, aiming to increase resource size and grade. These developments are part of BHM’s strategy to enhance its open pit operations and supply high-grade ore to its Rasp Mine processing plant.
Broken Hill Mines Limited has issued a prospectus for the offer of up to 10 shares at $1.00 per share, primarily to remove trading restrictions on shares issued before the closing date. This move is aimed at ensuring compliance with the Corporations Act and is intended for a select group of investors who are personally invited to apply. The prospectus is a transaction-specific document and does not provide the same level of disclosure as an initial public offering prospectus, reflecting the company’s status as a disclosing entity.
Broken Hill Mines Limited has announced a new issuance of 38,500,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, indicating the company’s ongoing efforts to expand its financial base and potentially enhance its market presence.
Broken Hill Mines Limited has announced a new issuance of securities, with 44,298 ordinary fully paid shares to be quoted on the ASX as of October 30, 2025. This move is part of the company’s strategy to leverage options being exercised or convertible securities being converted, potentially impacting its market presence and offering new opportunities for stakeholders.
Broken Hill Mines Limited has announced its upcoming Annual General Meeting, scheduled for November 28, 2025, in Melbourne, Victoria. The meeting will cover the company’s annual report, the re-election of Director Mr. Stephen Woodham, and the approval of a new employee securities incentive scheme. The new plan aims to issue up to 25,000,000 incentive securities, potentially impacting employee engagement and retention strategies.
Broken Hill Mines Limited has released a presentation concerning the development of the Rasp and Pinnacles Mines, highlighting the high-risk nature of mineral exploration and the absence of guarantees for profitable operations. The announcement emphasizes the need for potential investors to conduct their own assessments and acknowledges the inherent uncertainties in the mining sector, which could impact the company’s operations and stakeholder interests.
Broken Hill Mines Limited has announced a proposed issue of 38,500,000 ordinary fully paid securities, with the issuance date set for October 30, 2025. This move is part of a placement or other type of issue, which could potentially impact the company’s market position by increasing its capital base and providing additional resources for its operations.
Broken Hill Mines Ltd. has successfully raised A$38.5 million through a placement to institutional and sophisticated investors, aimed at accelerating its growth strategy at the Rasp and Pinnacles mines. The funds will be used to expand resource exploration and development, including a significant drilling program and infrastructure upgrades, positioning the company to maximize production capacity and capitalize on high silver prices. This strategic move is expected to enhance the company’s operational capabilities and strengthen its market position, benefiting shareholders and stakeholders alike.
Broken Hill Mines Limited, a company listed on the ASX, is set to host an investor briefing via video conference to discuss its activities. This briefing, led by Executive Chairman Patrick Walta, aims to provide insights into the company’s accelerated growth plans for its Broken Hill Mines. The event is scheduled for 9:30 am AEDT on October 22, 2025, and participants can register online. This initiative reflects the company’s commitment to transparency and engagement with its stakeholders, potentially impacting its market positioning and investor relations.
Broken Hill Mines Limited, a company listed on the Australian Securities Exchange, has requested a trading halt pending an announcement regarding a significant capital raising. This trading halt is expected to last until the announcement is made or until normal trading resumes on October 22, 2025. The halt is intended to ensure an orderly market as the company prepares to disclose important financial information.
Broken Hill Mines reported a milestone quarter, showcasing strong mining and development performance at Rasp and significant de-risking at Main Lode. The company achieved record ore mining and development metrics since 2022, with exceptional drilling results indicating substantial growth potential. The completion of underground development at Main Lode and the start of multi-orebody production at Rasp position BHM for increased production and improved grades in FY26. Financially, the company is bolstered by a strong cash position and financing facilities, alongside leadership changes to support its expansion phase.
Broken Hill Mines Limited, a mining company, has reported high-grade silver-lead-zinc intercepts from its drilling activities at the Pinnacles Mine. The ongoing drilling has revealed significant mineralization, including gold and copper, which supports the company’s strategy to assess potential open-pit operations. These operations aim to produce high-grade ore for processing at the nearby Rasp Mine processing plant. The results indicate substantial potential for resource expansion, which could enhance the company’s operational capabilities and market position.
Broken Hill Mines Limited has secured a binding Underwriting Agreement for the full underwriting of its BHMO Options, which were originally issued by Coolabah Metals Limited. This move ensures the company will raise approximately A$7.5 million, bolstering its financial position to advance drilling and development at its Rasp and Pinnacles Mines. The underwriting is managed by Blue Ocean Equities Pty Ltd and CPS Capital Group Ltd, who will receive a 5% fee. This financial strategy, alongside a recent US$25 million financing, strengthens Broken Hill Mines’ capacity to enhance its mining operations.
Broken Hill Mines Limited has commenced mining and processing activities at the Blackwoods ore body of Main Lode, which is rich in silver, lead, and zinc. This development not only enhances the company’s exposure to high silver prices but also provides a secondary high-grade feed source for its Rasp plant, aligning with its strategy to maximize operational capacity. The recent assays from Blackwoods have shown significant mineral content, potentially impacting the company’s revenue positively and strengthening its market position.
Broken Hill Mines Limited has announced a new application for the quotation of its securities on the Australian Securities Exchange (ASX). The company is set to quote 53,572 ordinary fully paid securities as of October 3, 2024. This move could potentially enhance the company’s liquidity and visibility in the market, offering stakeholders an opportunity to engage with the company’s growth prospects.
Broken Hill Mines Limited has finalized a US$25 million Offtake Financing Facility with Hartree Metals LLC to support growth at its Rasp and Pinnacles mines. This facility, which includes a four-year term and a competitive interest rate, will fund development activities and involves Hartree purchasing 200,000 tons of silver-lead concentrate. This strategic partnership is expected to enhance BHM’s operational capacity and market reach, leveraging Hartree’s global commodities expertise.