Bindi Metals Ltd. (AU:BIM)
ASX:BIM
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Bindi Metals Ltd.
(Sydney:BIM)
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Rating:46Neutral
Price Target:
AU$0.09
▼(-6.00% Downside)
Action:ReiteratedDate:03/24/26
The score is primarily held down by weak financial performance—persistent losses and ongoing cash burn—partly offset by a debt-free balance sheet with positive equity. Technicals are mildly bearish with the price below key moving averages and a slightly negative MACD, while valuation offers limited support due to a negative P/E and no dividend yield.
Positive Factors
Debt-free balance sheet
Having no debt materially reduces financial risk and preserves strategic optionality. Over a multi-month horizon this lowers mandatory cash outflows, cushions liquidity needs during continued ramp-up, and gives management time to pursue non-dilutive growth or disciplined financing.
Negative Factors
Persistent negative operating and free cash flow
Consistent cash outflows mean the business relies on external funding to sustain operations. Over 2-6 months this increases refinancing and dilution risk, constrains investment in growth initiatives, and limits the company's ability to absorb further operational setbacks.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Having no debt materially reduces financial risk and preserves strategic optionality. Over a multi-month horizon this lowers mandatory cash outflows, cushions liquidity needs during continued ramp-up, and gives management time to pursue non-dilutive growth or disciplined financing.
Read all positive factors
Bindi Metals Ltd. (BIM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.56M
Dividend YieldN/A
Average Volume (3M)132.29K
Price to Earnings (P/E)―
Beta (1Y)0.25
Revenue GrowthN/A
EPS Growth31.73%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
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
Negative
0.10
Price Trends
0.10
Negative
0.10
Negative
0.10
Negative
Market Momentum
>-0.01
Positive
30.23
Neutral
-25.00
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 0.1 is above the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 30.23 is Neutral, neither overbought nor oversold. The STOCH value of -25.00 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
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% | |
49 Neutral | AU$9.19M | -0.43 | -104.33% | ― | -100.00% | 80.33% | |
46 Neutral | AU$8.56M | -2.43 | -32.93% | ― | ― | 31.73% | |
46 Neutral | AU$27.27M | -1.27 | -71.24% | ― | ― | 8.81% | |
44 Neutral | AU$12.72M | -3.47 | -18.09% | ― | ― | 11.61% | |
44 Neutral | AU$4.59M | -0.72 | -171.67% | ― | ― | 30.99% | |
43 Neutral | AU$7.42M | -0.67 | -16.54% | ― | ― | 54.74% |
* Basic Materials Sector Average
AU:BIM
Bindi Metals Ltd.
0.09
<0.01
10.71%
AU:RCR
Rincon Resources Ltd.
0.02
<0.01
46.15%
AU:BPM
BPM Minerals Ltd.
0.21
0.17
425.00%
AU:TG1
Techgen Metals Ltd.
0.03
0.01
47.83%
AU:DUN
Dundas Minerals Limited
0.05
0.02
88.00%
AU:M3M
M3 Mining Ltd.
0.02
>-0.01
-26.67%
Bindi Metals Ltd. Corporate Events
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...
Bindi Metals Fast-Tracks Exploration at Serbian Ravni Gold Project
Jan 30, 2026
Bindi Metals has rapidly advanced exploration at its recently acquired Ravni Gold Project in Serbia, where fieldwork has confirmed a large-scale epithermal gold-silver system and identified multiple high-priority targets. During the December quart...
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, part...
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.