Bindi Metals Ltd. (AU:BIM)
ASX:BIM
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Bindi Metals Ltd.
(Sydney:BIM)
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Rating:47Neutral
Price Target:
AU$0.14
â–²(43.00% Upside)
Action:ReiteratedDate:04/29/26
The score is primarily held back by weak financial performance—persistent losses and ongoing cash burn despite a sharp revenue increase. Technicals add some support due to positive momentum and price strength above moving averages, but overbought signals limit the boost. Valuation remains challenged because negative earnings make the P/E difficult to use and there is no dividend yield data.
Positive Factors
Debt-free balance sheet
A completely debt-free balance sheet materially reduces solvency and refinancing risk, giving management flexibility to allocate capital toward exploration, operations or selective investment without interest burdens. This structural strength supports the company through operating losses in the medium term.
Negative Factors
Persistent cash burn
Consistent negative operating and free cash flow means the business consumes cash to run and grow. Even with improvement from FY2023, ongoing cash burn requires external funding or asset sales, limiting strategic optionality and increasing dilution or refinancing risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A completely debt-free balance sheet materially reduces solvency and refinancing risk, giving management flexibility to allocate capital toward exploration, operations or selective investment without interest burdens. This structural strength supports the company through operating losses in the medium term.
Read all positive factors
Bindi Metals Ltd. (BIM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.89M
Dividend YieldN/A
Average Volume (3M)132.29K
Price to Earnings (P/E)―
Beta (1Y)-0.01
Revenue GrowthN/A
EPS Growth52.12%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.02
Shares Outstanding92,094,230
10 Day Avg. Volume298,473
30 Day Avg. Volume132,293
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)1.68
Price to Sales (P/S)97.90
P/FCF Ratio-3.85
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)N/A
Revenue Forecast (FY)N/A
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'...
Bindi Metals Ltd. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
63
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 43.49K | 44.54K | 1.80K | 0.00 | 0.00 |
| Gross Profit | 0.00 | 44.54K | 1.80K | -1.87K | 0.00 |
| EBITDA | -1.21M | -1.06M | -1.29M | -2.12M | -805.61K |
| Net Income | -1.18M | -1.06M | -1.27M | -2.07M | -805.61K |
Balance Sheet | |||||
| Total Assets | 4.72M | 2.64M | 1.64M | 2.97M | 5.29M |
| Cash, Cash Equivalents and Short-Term Investments | 3.45M | 1.56M | 813.23K | 2.31M | 4.74M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 138.04K | 36.38K | 82.66K | 417.36K | 687.59K |
| Stockholders Equity | 4.58M | 2.60M | 1.56M | 2.55M | 4.60M |
Cash Flow | |||||
| Free Cash Flow | -761.83K | -1.13M | -1.47M | -2.44M | -526.71K |
| Operating Cash Flow | -761.82K | -931.20K | -1.42M | -2.37M | -311.55K |
| Investing Cash Flow | -47.61K | -200.00K | -73.69K | -67.85K | -215.16K |
| Financing Cash Flow | 2.39M | 1.88M | 0.00 | 0.00 | 5.27M |
Bindi Metals Ltd. Technical Analysis
Positive
0.10
Price Trends
0.10
Positive
0.10
Positive
0.10
Positive
Market Momentum
<0.01
Negative
64.75
Neutral
64.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BIM, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.75 is Neutral, neither overbought nor oversold. The STOCH value of 64.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BIM.
Bindi Metals 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% | |
53 Neutral | AU$9.37M | -5.81 | -11.29% | ― | ― | 85.50% | |
49 Neutral | AU$11.11M | -0.43 | -104.33% | ― | ― | -123.57% | |
47 Neutral | AU$12.89M | -2.43 | -32.93% | ― | ― | 52.12% | |
46 Neutral | AU$6.93M | -0.57 | -72.25% | ― | ― | 78.01% | |
44 Neutral | AU$8.00M | -0.94 | -115.58% | ― | ― | 48.33% | |
43 Neutral | AU$9.46M | -2.50 | -23.96% | ― | ― | 93.92% |
* Basic Materials Sector Average
AU:BIM
Bindi Metals Ltd.
0.14
0.05
60.92%
AU:AS2
Askari Metals Limited
0.01
0.00
0.00%
AU:KFM
Kingfisher Mining Ltd.
0.09
0.05
125.00%
AU:MOH
Moho Resources Ltd.
0.01
0.00
0.00%
AU:SMX
Nickelx Ltd
0.02
<0.01
33.33%
AU:DUN
Dundas Minerals Limited
0.05
0.02
100.00%
Bindi Metals Ltd. Corporate Events
Bindi Metals Issues New Tranches of Long-Dated Unlisted Options
May 5, 2026
Bindi Metals Ltd., listed on the ASX under code BIM, operates in the metals and mining sector with a focus on exploration and development activities that are typically funded through equity instruments. The company employs unquoted options as part...
Bindi Metals Issues 3 Million Unlisted Options in New Equity Classes
May 5, 2026
Bindi Metals Ltd. has issued a total of 3,000,000 unquoted options, split evenly between two new classes of unlisted securities with different exercise prices and the same expiry date of July 31, 2030. The options, exercisable at $0.15 and $0.20 r...
Bindi Metals Tightens Governance With Expanded Securities Trading Policy
May 1, 2026
Bindi Metals Ltd has adopted a detailed securities trading policy governing how directors, senior executives, and other nominated personnel may buy and sell the company’s securities. The policy applies not only to key management but also to ...
Bindi Metals Overhauls Governance Framework to Align with ASX Best Practice
May 1, 2026
Bindi Metals Ltd., an exploration-focused resources company active in tier-one mining jurisdictions, is advancing projects such as the Ravni polymetallic and gold project in Serbia’s Kopaonik Metallogenic Zone. The company leverages data-dri...
Bindi Metals Maps 2km of IP Anomalies Ahead of Ravni Drilling
Apr 30, 2026
Bindi Metals has completed modelling of an induced polarisation survey at its Ravni gold project in south-western Serbia, identifying strong chargeability and resistivity anomalies that align with known high-grade surface mineralisation at the Dre...
Bindi Metals Plans Issue of 8 Million Long-Dated Unlisted Options
Apr 30, 2026
Bindi Metals Ltd. has outlined a proposed issue of securities, detailing plans to issue up to 8 million unlisted options as part of a placement or similar capital-related transaction. The options are split evenly between tranches exercisable at $0...
Bindi Metals Plans Long-Dated Unlisted Option Issue to Boost Capital Flexibility
Apr 30, 2026
Bindi Metals Ltd. has announced a proposed issue of unlisted options as part of a new capital initiative, with a total of 3 million options to be issued across two tranches. The options carry exercise prices of $0.15 and $0.20 respectively and are...
Bindi Metals to Issue New Unlisted Options in Dual-Tranche Placement
Apr 30, 2026
Bindi Metals Ltd. has announced a proposed issue of unlisted options as part of a placement or similar capital-raising structure. The company plans to issue up to 2,345,000 unlisted options exercisable at $0.15 and 2,345,000 unlisted options exerc...
Bindi Metals Launches Option Incentive Plan Tied to Ravni Project Milestones
Apr 30, 2026
Bindi Metals Limited has approved an equity-based option incentive plan for executives, directors and key in-country personnel, designed to align compensation with the successful execution of the Ravni Project and long-term shareholder value creat...
Bindi Metals Confirms Bonanza-Grade Gold at Serbian Ravni Project
Apr 30, 2026
Bindi Metals reported strong exploration progress at its Ravni Gold Project in Serbia for the March 2026 quarter, confirming bonanza-grade gold mineralisation at the Drenjak prospect and high-grade rock chip results up to 87.2 g/t gold. The compan...
Bindi Metals Secures Land Access and Sets May Start for Maiden Drilling at Serbian Gold Project
Apr 28, 2026
Bindi Metals Ltd. has secured primary land access across priority drilling locations at its Ravni gold project in Serbia, clearing a major hurdle to begin fieldwork. Agreements with local landowners and the state forestry authority grant full righ...
Bindi Metals Confirms Large-Scale Epithermal Gold System at Ravni in Serbia
Apr 14, 2026
Bindi Metals has reported extensive high-grade gold mineralisation across a three-kilometre corridor at its Ravni Project in south-western Serbia, confirming the presence of a large-scale epithermal system. The company’s latest results highl...
Bindi Metals Issues 2.5 Million Unquoted Performance Rights Under Incentive Plan
Apr 2, 2026
Bindi Metals Ltd. has notified the market of the issue of 2,500,000 unquoted performance rights under an employee incentive scheme, with an expiry date of 1 April 2028. The rights, which will not be quoted on the ASX, form part of the company̵...
Bindi Metals Releases Interim Financial Report for Half-Year to 31 December 2025
Mar 11, 2026
Bindi Metals Ltd., an ASX-listed resources company, has released its consolidated interim financial report for the half-year ended 31 December 2025. The report outlines the directors’ commentary, interim financial performance, balance sheet,...
Bindi Metals Issues Corporate Update on Gold Exploration and Investor Disclosures
Feb 25, 2026
Bindi Metals Ltd. has released a corporate presentation outlining summary information on its gold exploration activities and current projects, including its Serbian gold assets, as of February 2026. The document emphasizes that it is informational...
Bindi Metals Wins Serbian Drill Approval as Ravni Gold Project Moves Toward Maiden Program
Feb 22, 2026
Bindi Metals has secured Serbian regulatory approval to commence its maiden drilling campaign at the Ravni gold project, clearing a key permitting hurdle as it progresses land access agreements with private and forestry landholders. A recent corpo...
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.