tiprankstipranks
Trending News
More News >
Bindi Metals Ltd. (AU:BIM)
ASX:BIM
Australian Market

Bindi Metals Ltd. (BIM) AI Stock Analysis

Compare
0 Followers

Top Page

AU:BIM

Bindi Metals Ltd.

(Sydney:BIM)

Select Model
Select Model
Select Model
Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
AU$0.10
▲(2.00% Upside)
The score is held back primarily by weak financial performance—ongoing losses and persistent negative operating/free cash flow—despite a debt-free balance sheet. Technicals are a supportive offset with the price above major moving averages and moderately positive momentum, while valuation remains constrained by negative earnings and no dividend yield data.
Positive Factors
Debt-free Balance Sheet
A zero-debt, positive-equity balance sheet is a durable strength: it lowers solvency risk, preserves access to capital during commodity cycles, and gives management flexibility to fund exploration or operational ramp-up without immediate refinancing pressure.
Revenue Rebound
A sharp revenue rebound signals improving commercial traction or restart of activities, a structural step toward scaling the business. If sustained, this trend can underpin higher utilization and future margin improvement as fixed costs are spread over larger sales volumes.
Improving Operating Cash Outflow
Progressive reduction in operating cash outflows indicates management is cutting burn or improving operations. This durable improvement reduces near-term financing needs, lowers dilution risk over months, and increases the path toward positive operating cash flow if the trend continues.
Negative Factors
Persistent Loss-Making
Sustained negative EBIT and net income mean the business is not yet generating returns on invested capital. Over months this erodes retained capital, necessitates external funding to sustain operations, and limits ability to self-fund growth or withstand prolonged commodity downturns.
Consistent Cash Burn
Negative operating and free cash flows every year demonstrate a structural cash deficit. This persistent cash burn requires ongoing financing or equity issuance, increases dilution and funding risk, and constrains the company’s capacity to invest in long-term projects.
Very Small Revenue Base & Deep Negative Margins
A tiny revenue base combined with deeply negative margins indicates the company lacks operational scale. Structural profitability will require substantial revenue growth or meaningful cost reduction; without that, margins and returns are unlikely to normalize over the medium term.

Bindi Metals Ltd. (BIM) vs. iShares MSCI Australia ETF (EWA)

Bindi Metals Ltd. Business Overview & Revenue Model

Company DescriptionBindi 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 MoneyBindi 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
Financials are weak overall: the company remains loss-making with negative EBIT and net income, and operating/free cash flow are negative (ongoing cash burn). Offsetting this, the balance sheet is relatively conservative with no reported debt and positive equity, which reduces near-term financial risk.
Income Statement
18
Very Negative
The company remains in a loss-making phase, with EBIT and net income negative across all reported years. While revenue rebounded sharply in FY2025 (to 44.5k from 1.8k in FY2024), the absolute revenue base is still very small relative to the cost structure, resulting in very weak profitability (FY2025 net margin ~-23.9%). A key positive is that operating losses narrowed versus FY2023–FY2024, but the overall earnings profile is still unstable and heavily negative.
Balance Sheet
62
Positive
The balance sheet is conservatively positioned with zero reported debt and positive equity in every year, which reduces financial risk and provides flexibility. However, recurring net losses translate into consistently negative returns on equity (improving in FY2025 vs FY2024, but still deeply negative), indicating shareholder capital is not yet generating sustainable returns. Assets and equity also fluctuate year-to-year, reflecting a business still in development rather than steady operations.
Cash Flow
22
Negative
Cash generation is a clear weak point: operating cash flow and free cash flow are negative in every year, indicating ongoing cash burn. There is some improvement in operating cash outflow in FY2025 versus FY2024 and FY2023, but free cash flow remained meaningfully negative and worsened versus FY2024. Free cash flow is consistently more negative than net income, suggesting cash needs extend beyond accounting losses (e.g., working capital and/or investment outflows).
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022
Income Statement
Total Revenue44.54K44.54K1.80K0.000.00
Gross Profit1.05K44.54K1.80K-1.87K0.00
EBITDA-1.06M-1.06M-1.29M-2.12M-805.61K
Net Income-1.06M-1.06M-1.27M-2.07M-805.61K
Balance Sheet
Total Assets2.64M2.64M1.64M2.97M5.29M
Cash, Cash Equivalents and Short-Term Investments1.56M1.56M813.23K2.31M4.74M
Total Debt0.000.000.000.000.00
Total Liabilities36.38K36.38K82.66K417.36K687.59K
Stockholders Equity2.60M2.60M1.56M2.55M4.60M
Cash Flow
Free Cash Flow-1.13M-1.13M-1.47M-2.44M-526.71K
Operating Cash Flow-931.20K-931.20K-1.42M-2.37M-311.55K
Investing Cash Flow-200.00K-200.00K-73.69K-67.85K-215.16K
Financing Cash Flow1.88M1.88M0.000.005.27M

Bindi Metals Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.10
Price Trends
50DMA
0.10
Positive
100DMA
0.11
Negative
200DMA
0.10
Positive
Market Momentum
MACD
<0.01
Positive
RSI
47.83
Neutral
STOCH
20.00
Neutral
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 0.1 is below the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and above the 200-day MA of 0.10, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.83 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
54
Neutral
AU$9.67M-3.90-51.17%31.73%
52
Neutral
AU$17.70M-3.50-33.74%11.61%
50
Neutral
AU$25.70M-5.29-61.72%8.81%
48
Neutral
AU$6.79M-3.87-25.70%-100.00%80.33%
47
Neutral
AU$5.68M-4.19-9.21%54.74%
46
Neutral
AU$6.26M-1.05-135.06%30.99%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BIM
Bindi Metals Ltd.
0.11
0.03
36.36%
AU:RCR
Rincon Resources Ltd.
0.02
<0.01
63.64%
AU:BPM
BPM Minerals Ltd.
0.23
0.17
283.33%
AU:TG1
Techgen Metals Ltd.
0.05
0.02
50.00%
AU:DUN
Dundas Minerals Limited
0.04
<0.01
10.81%
AU:M3M
M3 Mining Ltd.
0.03
-0.01
-25.00%

Bindi Metals Ltd. Corporate Events

Bindi Metals Flags High-Grade Surface Gold-Silver at Serbia’s Ravni Project
Jan 27, 2026

Bindi Metals has reported highly encouraging rush rock-chip assay results from its Ravni Gold Project in south‑western Serbia, with surface samples from multiple prospects returning high grades of up to 48.7 g/t gold and 181 g/t silver, particularly at the Drenjak and Rujak prospects. Mineralisation at Drenjak has now been mapped over approximately 1.1 km, including significant extensions beyond historic workings, and the company is progressing an extensive exploration program comprising 267 additional rock samples, a 746-sample regional soil survey, a 10-line-km dipole IP geophysical program, and permitting for a maiden drill campaign, positioning Ravni as an emerging, near-term drill-ready opportunity with potential to enhance Bindi’s growth pipeline and regional footprint.

The most recent analyst rating on (AU:BIM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Bindi Metals Ltd. stock, see the AU:BIM Stock Forecast page.

Bindi Metals Director Ariel King Surrenders Performance Rights, Retains Equity Stake
Jan 2, 2026

Bindi Metals Limited has disclosed a change in the securities interests of director Ariel (Eddie) King, primarily involving indirect holdings through entities of which he is a director and shareholder. The filing shows that King has disposed of all his Class A and Class B performance rights, both via La Paz Resources Pty Ltd and King Corporate Pty Ltd, while retaining his fully paid ordinary shares and listed options; the move simplifies his incentive-based exposure but does not alter his substantial equity and option position in the company.

The most recent analyst rating on (AU:BIM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Bindi Metals Ltd. stock, see the AU:BIM Stock Forecast page.

Bindi Metals Performance Rights Lapse, Reducing Potential Dilution
Jan 2, 2026

Bindi Metals Limited has advised that 2.4 million performance rights (ASX code: BIMAF) have lapsed unexercised following their expiry on 31 December 2025. The cessation of these securities reduces the company’s potential future dilution from performance-based equity incentives, slightly tightening its issued capital structure and clarifying the outstanding securities profile for shareholders.

The most recent analyst rating on (AU:BIM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Bindi Metals Ltd. stock, see the AU:BIM Stock Forecast page.

Bindi Metals director acquires 1.1 million listed options via entitlement offer
Dec 17, 2025

Bindi Metals Limited is an Australian ASX-listed metals exploration and development company that issues shares, performance rights and listed options as part of its capital and incentive structure. The company announced that director Ariel (Eddie) King increased his indirect holding by acquiring 1,096,296 listed options (ASX: BIMO) through participation in a non-renounceable entitlement options offer on 17 December 2025 for $1,096.30, with the holdings held via related entities; there were no disposals and the change increases the director’s potential future exposure to any upside from the company’s projects, signals board support for the capital raise and has implications for potential dilution and stakeholder alignment.

Bindi Metals Ltd. Announces Quotation of New Securities on ASX
Dec 17, 2025

Bindi Metals Ltd. has announced the application for quotation of new securities on the Australian Securities Exchange (ASX). The company is set to quote 12,012,217 options, which are set to expire on December 17, 2027. This move is part of a previously announced transaction, reflecting the company’s ongoing efforts to enhance its market presence and provide value to its stakeholders.

Bindi Metals Securities Reinstated on ASX
Dec 17, 2025

Bindi Metals Limited has announced that its securities, under the security class code BIMO, will be reinstated to quotation on the Australian Securities Exchange (ASX) as of today. This reinstatement follows the company’s compliance with ASX Listing Rule 2.5, signaling a positive development for the company’s market presence and potentially enhancing investor confidence.

Bindi Metals Ltd. Reveals Top Holders of Listed Options
Dec 17, 2025

Bindi Metals Ltd. has released a snapshot of its top 20 holders of listed options expiring on December 17, 2027, priced at $0.145. The top holders collectively own 54.12% of these options, with Taurus Capital Group Pty Ltd leading at 6.40%. This distribution of holdings provides insights into the company’s shareholder structure and potential influence on future company decisions.

Bindi Metals Ltd. Updates on OP5 Options Distribution
Dec 17, 2025

Bindi Metals Ltd. has released an update on its listed options, specifically the OP5 options expiring on December 17, 2027, priced at $0.145. The company reports a total of 205 holders with a cumulative 39,034,857 units, highlighting a significant concentration of ownership among larger stakeholders, as 88.81% of the issued capital is held by those owning over 100,000 units. This distribution may impact the company’s market dynamics and investor relations, as a small number of stakeholders hold a majority of the options.

Bindi Metals Ltd. Issues 5 Million Options for ASX Quotation
Dec 17, 2025

Bindi Metals Ltd. has announced the issuance of 5,000,000 options set to expire on December 17, 2027. This move is part of a previously announced transaction, and the options will be quoted on the Australian Securities Exchange, potentially enhancing the company’s financial flexibility and market presence.

Bindi Metals Ltd. Announces Quotation of New Securities on ASX
Dec 17, 2025

Bindi Metals Ltd. has announced the quotation of 34,034,857 securities on the Australian Securities Exchange (ASX), with an expiration date set for December 17, 2027. This move is part of previously announced transactions, potentially impacting the company’s financial structure and market positioning by enhancing liquidity and investor engagement.

Bindi Metals Completes Entitlement Offer, Strengthening Financial Position
Dec 15, 2025

Bindi Metals Limited has successfully completed its non-renounceable entitlement offer, raising $34,035.14 through the issuance of 34,034,857 new options. The remaining 12,012,217 options will be issued under an underwriting agreement, with all securities expected to be issued on December 17, 2025. This move is part of Bindi’s strategy to enhance its financial position and further its exploration projects, potentially impacting its market positioning and stakeholder value.

Bindi Metals Advances Exploration at Ravni Gold Project
Dec 9, 2025

Bindi Metals Limited has announced significant progress at its Ravni Gold Project in southern Serbia, identifying multiple targets for exploration. The project has revealed a large-scale epithermal gold system along a 2.5 km corridor, with strong indications of gold mineralization at the Drenjak-Rujak prospects. The company has completed a reconnaissance mapping program and is advancing plans for a dipole IP survey to refine drill targets. This development positions Bindi Metals for an active start to 2026, with potential implications for stakeholders in the highly prospective Raska region, which has attracted significant corporate interest.

Bindi Metals Ltd. Announces Entitlement Rights Issue
Dec 1, 2025

Bindi Metals Ltd. has announced a fully underwritten pro-rata non-renounceable entitlement rights issue, offering one new listed option for every two existing shares at an issue price of $0.001 per option. This initiative aims to raise approximately $46,047, though the funds raised are expected to be less than the costs of making the offer. The entitlement offer is available to shareholders in Australia and New Zealand, with CPS Capital Group Pty Ltd underwriting the offer. Ineligible shareholders, those outside of Australia and New Zealand, will not be able to participate due to regulatory and cost considerations.

Bindi Metals Announces Entitlement Rights Issue to Raise Funds
Dec 1, 2025

Bindi Metals Ltd. has announced a fully underwritten pro-rata non-renounceable entitlement rights issue, offering one new listed option for every two existing shares held by eligible shareholders. The offer aims to raise approximately $46,047, although the funds are expected to be less than the costs of making the offer. The entitlement offer is underwritten by CPS Capital Group Pty Ltd, and any entitlements not taken up will form a shortfall offer. The new options will form a new class of option in the company’s capital, with the company applying for official quotation of these options.

Bindi Metals Announces Entitlement Offer to Boost Shareholder Value
Dec 1, 2025

Bindi Metals Limited has announced a fully underwritten pro-rata non-renounceable entitlement offer of options, allowing eligible shareholders to acquire one new listed option for every two existing shares. This strategic move, detailed in their recent prospectus, aims to enhance shareholder value and strengthen the company’s financial position, potentially impacting its market standing and stakeholder interests.

Bindi Metals Appoints Mark Freeman as CEO to Drive Global Growth
Dec 1, 2025

Bindi Metals Limited has announced the appointment of Mark Freeman as its new Chief Executive Officer, effective December 1, 2025. Freeman brings over 25 years of experience in leading and transforming resource and energy businesses globally, with a strong track record in scaling companies and executing growth strategies. His appointment is expected to advance Bindi’s portfolio of high-potential assets in Serbia, Australia, and Canada, positioning the company for sustainable growth and value creation.

Bindi Metals Expands Share Issuance to Bolster Financial Position
Nov 21, 2025

Bindi Metals Limited has issued 14,377,778 fully paid ordinary shares without disclosure to investors under the Corporations Act. This strategic move aligns with the company’s compliance with relevant legal provisions and aims to strengthen its financial position, potentially impacting its operations and market presence positively.

Bindi Metals Ltd. Updates Proposed Securities Issue
Nov 21, 2025

Bindi Metals Ltd. has announced an update to its previous announcement regarding a proposed issue of securities. The update pertains to the rounding of fractional entitlements in a non-renounceable pro rata issue. This adjustment may impact stakeholders by potentially altering the number of securities they are entitled to receive, thereby affecting their investment positions.

Bindi Metals Limited Announces Entitlement Offer to Raise Capital
Nov 20, 2025

Bindi Metals Limited has announced a non-renounceable entitlement offer of options to its shareholders, aiming to raise approximately $46,047. The offer is underwritten by CPS Capital Group Pty Ltd and includes an additional offer of 5,000,000 options to the Lead Manager. This move is part of a strategic financial initiative to potentially enhance the company’s capital structure, although the options are considered highly speculative.

Bindi Metals Ltd. Updates Securities Issue Plan
Nov 19, 2025

Bindi Metals Ltd. has updated its previous announcement regarding the proposed issue of securities, specifically adjusting the timetable and the maximum number of entitlement securities to be issued. This update reflects the company’s ongoing efforts to manage its securities offerings in compliance with ASX regulations, potentially impacting its market positioning and stakeholder interests.

Bindi Metals Secures Shareholder Approval for Strategic Resolutions
Nov 17, 2025

Bindi Metals Limited announced that all resolutions proposed at their Annual General Meeting were successfully passed. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives in mineral exploration, potentially enhancing its market presence and stakeholder value.

Bindi Metals Partners with Canamera to Develop Schryburt Lake Project
Nov 13, 2025

Bindi Metals Limited has entered into a binding agreement with Canamera Energy Metals Corp to farm out up to a 90% interest in the Schryburt Lake Project. This strategic partnership is expected to enhance the development of the project, aligning with the rising global demand for rare earth elements. The agreement involves a three-stage earn-in process, with Bindi retaining a 10% free carried interest until a Preliminary Economic Assessment is delivered. This move positions Bindi to leverage Canamera’s expertise and potentially benefit from the project’s growth, impacting stakeholders positively by aligning with global energy transition goals.

Bindi Metals Begins Exploration at Ravni Gold Project in Serbia
Nov 6, 2025

Bindi Metals Limited has commenced exploration activities at the Ravni Gold Project in southern Serbia, targeting high-grade gold mineralization at the Ceovishte prospect. The exploration program includes geological mapping and sampling of historic mining areas, with the potential to identify significant gold deposits. The company aims to update stakeholders with results from this exploration, which could enhance its positioning in the mining industry.

Bindi Metals Expands with Acquisition of Serbian Gold Project
Oct 30, 2025

Bindi Metals Limited has acquired the Ravni gold project in Serbia, expanding its exploration activities in the historically rich Raska mining district. The project, which covers 30 square kilometers, has shown promising results with high-grade gold mineralization at the Ceovishte prospect, indicating significant potential for future development and strengthening Bindi’s position in the European mining sector.

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.Date of analysis: Jan 06, 2026