Bindi Metals Ltd. (BIM) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 40.66K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.36
• Revenue Growth: N/A
• EPS Growth: 32.89%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Other Precious Metals
• EPS (TTM): -0.04
• Shares Outstanding: 58,250,000
• 10 Day Avg. Volume: 49,073
• 30 Day Avg. Volume: 40,665
• PEG Ratio: -0.02
• Price to Book (P/B): 2.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.19
• 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: 47 Neutral
• Price Target: ―

Bindi Metals Ltd. has strong financial stability with no debt, but struggles with profitability and cash flow. The technical indicators show positive momentum, although caution is advised due to high RSI. Valuation metrics are weak, with a negative P/E ratio indicating significant risks.

Bindi Metals Ltd. Business Overview & Revenue Model

Company Description

Bindi Metals Limited engages in the acquisition and development of mineral exploration assets. It explores for copper, gold, and silver deposits. The company's projects include the Biloela project located to the southeast of Biloela; the Flanagan's project; and the Great Blackhall project. The company was incorporated in 2021 and is headquartered in Perth, Australia.

How the Company Makes Money

Bindi Metals Ltd. generates revenue through the extraction, processing, and sale of minerals such as copper, gold, and other base and precious metals. The company's revenue streams include the direct sale of raw extracted minerals to smelters and refiners, as well as potentially engaging in long-term contracts with industrial manufacturers who require these metals for production purposes. Key factors contributing to its earnings include the global demand for metals, commodity prices, and the efficiency of its mining operations. Strategic partnerships with other mining companies or technology firms may also play a role in optimizing production processes and expanding market reach.

Bindi Metals Ltd. Financial Statement Overview

Summary

Bindi Metals Ltd. demonstrates strong financial stability with no debt and a high equity ratio. However, the company is facing significant challenges in profitability and cash flow management. While revenue has started to materialize, it remains negligible compared to operational expenses.

Income Statement

Bindi Metals Ltd. has shown improvement in revenue from zero in previous years to AUD 1,800 in the most recent year. However, the company is operating at a significant loss with a negative EBIT and net income, resulting in weak profit margins. The gross profit margin is technically 100% since the cost of goods sold is zero, but this is misleading due to the minimal revenue and high operational losses.

Balance Sheet

The company's balance sheet shows no debt, which is a positive indicator of financial stability. The equity ratio is strong at approximately 95%, reflecting a solid equity base. However, the return on equity is negative due to the net losses, which is a concern.

Cash Flow

Cash flows are under pressure with negative operating and free cash flows. There is a slight improvement in free cash flow compared to the previous period, but it remains deeply negative. The company needs to manage its cash burn rate to ensure sustainability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022
Income Statement		Total Revenue
1.05K	1.80K	0.00	0.00
	Gross Profit
1.05K	1.80K	-1.87K	0.00
	EBIT
-1.17M	-1.29M	-2.12M	-805.61K
	EBITDA
-1.16M	-1.29M	-2.12M	-805.61K
	Net Income Common Stockholders
-1.15M	-1.27M	-2.07M	-805.61K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.87M	813.23K	2.31M	4.74M
	Total Assets
3.00M	1.64M	2.97M	5.29M
	Total Debt
0.00	0.00	0.00	0.00
	Net Debt
-1.87M	-813.23K	-2.31M	-4.74M
	Total Liabilities
77.19K	82.66K	417.36K	687.59K
	Stockholders Equity
2.92M	1.56M	2.55M	4.60M
Cash Flow		Free Cash Flow
-1.22M	-1.47M	-2.44M	-526.71K
	Operating Cash Flow
-1.02M	-1.42M	-2.37M	-311.55K
	Investing Cash Flow
-200.00K	-73.69K	-67.85K	-215.16K
	Financing Cash Flow
1.88M	0.00	0.00	5.27M

Bindi Metals Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BIM, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 13.86 is Positive, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BIM.

Bindi Metals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.04B	-1.15	-21.24%	3.95%	2.91%	-30.44%
BIM	47 Neutral		―	-46.42%	―	―	32.89%
TG1	45 Neutral	AU$4.44M	―	-39.86%	―	―	38.28%
RCR	42 Neutral	AU$3.51M	―	-14.99%	―	―	60.71%
DUN	34 Underperform	AU$1.93M	―	-25.98%	―	-100.00%	70.77%
M3M	34 Underperform	AU$2.10M	―	-103.28%	―	―	30.00%
BPM	31 Underperform	AU$2.27M	―	-75.75%	―	―	-298.96%

Bindi Metals Ltd. Corporate Events

Bindi Metals Advances Lisa Project in Serbia with Promising Exploration Results

Bindi Metals Limited has reported progress on its Lisa Project in Serbia, with the application advancing through statutory requirements. The company is actively reviewing exploration data to identify promising drill targets for gold and antimony mineralisation. Historic mining in the area has shown significant antimony grades, and Bindi is preparing for field work once the necessary licenses are granted. The company maintains a cash balance of $1.734 million as of March 31, 2025, and continues to assess complementary exploration opportunities.

Bindi Metals Ltd. Announces Change in Director’s Shareholding

Bindi Metals Ltd. has announced a change in the director’s interest, specifically concerning Ariel (Eddie) King. The notice details the acquisition of 192,592 fully paid ordinary shares by King Corporate Pty Ltd, an entity where Mr. King is a director and shareholder. This change reflects a strategic adjustment in the director’s holdings, potentially impacting the company’s governance and stakeholder interests.

Bindi Metals Ltd. Releases Interim Financial Report for 2024

Bindi Metals Ltd. has released its consolidated interim financial report for the half-year ending December 31, 2024. The report includes various financial statements such as the statement of profit or loss, financial position, changes in equity, and cash flows. This release is crucial for stakeholders as it provides insights into the company’s financial health and operational performance over the past six months, potentially affecting its market positioning and investor confidence.

Bindi Metals Issues 10 Million Unlisted Options

Bindi Metals Ltd. has announced the issuance of 10,000,000 unlisted options, exercisable at $0.12, with an expiration date of February 19, 2028. This move is part of a transaction previously disclosed in an Appendix 3B and is not intended for quotation on the ASX. The issuance of these securities could influence the company’s financial strategies and provide future financial leverage, impacting its market positioning and stakeholder interests.