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Black Rock Mining Limited
(Sydney:BKT)
Black Rock Mining Limited (BKT) vs. iShares MSCI Australia ETF (EWA)
Black Rock Mining Limited Business Overview & Revenue Model
Black Rock Mining Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.17K | 0.00 | 4.12K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -334.76K | -334.36K | -350.00K | -286.00K | -48.18K | -14.17K |
| EBITDA | -9.26M | -9.17M | -10.53M | -9.06M | -6.03M | -2.84M |
| Net Income | -8.93M | -8.93M | -10.08M | -9.05M | -6.08M | -2.85M |
Balance Sheet | ||||||
| Total Assets | 59.42M | 59.42M | 63.11M | 61.32M | 57.43M | 33.63M |
| Cash, Cash Equivalents and Short-Term Investments | 2.08M | 2.08M | 9.10M | 11.70M | 26.09M | 11.30M |
| Total Debt | 547.60K | 547.60K | 477.94K | 686.35K | 536.70K | 0.00 |
| Total Liabilities | 3.09M | 3.09M | 3.59M | 3.82M | 2.41M | 468.59K |
| Stockholders Equity | 57.73M | 57.73M | 60.33M | 57.79M | 55.02M | 33.16M |
Cash Flow | ||||||
| Free Cash Flow | -10.94M | -8.91M | -13.87M | -25.57M | -11.59M | -2.86M |
| Operating Cash Flow | -8.90M | -8.90M | -8.00M | -8.31M | -4.13M | -2.04M |
| Investing Cash Flow | -2.79M | -2.79M | -5.82M | -17.35M | -7.46M | -827.02K |
| Financing Cash Flow | 4.55M | 4.55M | 11.21M | 10.63M | 25.97M | 13.67M |
Black Rock Mining Limited Technical Analysis
Black Rock Mining Limited 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% | |
52 Neutral | AU$40.81M | -2.79 | -15.13% | ― | ― | 23.60% | |
52 Neutral | AU$133.48M | -34.69 | -2.30% | ― | ― | 12.50% | |
49 Neutral | AU$72.44M | -7.01 | ― | ― | ― | -268.97% | |
48 Neutral | AU$41.22M | -16.67 | -12.53% | ― | ― | 40.00% | |
47 Neutral | AU$126.86M | -3.90 | -32.57% | ― | -100.00% | -477.06% | |
43 Neutral | AU$41.44M | -6.89 | -13.86% | ― | ― | -12.34% |
Black Rock Mining Limited Corporate Events
Black Rock Mining has awarded a US$11 million bulk earthworks contract for its Mahenge Graphite Project in Tanzania to local firm Taifa Mining and Civils, following a competitive tender process conducted in line with Tanzanian Mining (Local Content) Regulations. The deal, which remains subject to Mining Commission approval, is split into an early works phase of about US$0.9 million to divert the Mdindo stream and set up contractor facilities, and a larger post-final investment decision phase of about US$10.1 million covering major site earthworks including roads, plant areas, tailings preparation and dams. Company management says the pricing matches previous Front End Engineering Design estimates, reinforcing the project’s cost assumptions, while the early works are intended to de-risk the development by providing unrestricted access to the plant site and enabling a rapid ramp-up to full-scale construction once financing is secured and a final investment decision is taken.
The most recent analyst rating on (AU:BKT) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining has marked a major milestone at its Mahenge Graphite Project in Tanzania with an official groundbreaking ceremony, underscoring strong support from the Tanzanian government and strategic partner POSCO as it advances an Early Works program designed to enable a rapid ramp-up of construction after project financing and a Final Investment Decision are secured. During the December quarter, the company completed resettlement for an access road, began work on a 220kV transmission line that is expected to deliver low-cost, hydro-dominated grid power and underpin regional industrialisation, and strengthened its balance sheet with recent equity raisings, leaving it well funded to continue early works while it pursues project funding amid supportive global conditions for critical minerals.
The most recent analyst rating on (AU:BKT) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining has reported solid progress on early works at its Mahenge Graphite Project in Tanzania, designed to ensure a rapid ramp-up of construction once project financing is secured and a Final Investment Decision is made. Key milestones include completing resettlement along the 7.2km access road corridor, clearing the way for road construction, advancing surveys and tower spotting for a new 220kV transmission line that will link Mahenge to low-cost hydro-dominated power, and launching tender processes for long-lead equipment to compress development timelines. The 220kV line, to be built by its 84%-owned subsidiary Faru Graphite Corporation and later transferred to TANESCO with capital costs recouped over the first four years of production, is expected to reduce operating costs, lower the project’s carbon footprint and deliver broader regional infrastructure benefits. With resettlement completed in line with Tanzanian law and IFC performance standards and funding conditions described as supportive for critical minerals across major markets, the company is positioning Mahenge as a construction-ready, environmentally competitive graphite supplier as it continues global funding discussions.
The most recent analyst rating on (AU:BKT) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining Limited has announced the appointment of Mr. Harry Miller as the new Company Secretary, effective December 15, 2025. Mr. Miller brings extensive experience from his previous roles with ASX-listed and private companies, particularly in the natural resources, technology, and industrial sectors. This change follows the resignation of Mr. James Doyle, with the company expressing gratitude for his contributions. Mr. Miller will also be responsible for communications with the ASX, potentially impacting the company’s operational efficiency and stakeholder engagement.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining Limited announced a change in the director’s interest in securities, with John de Vries acquiring additional performance rights under the Employee Securities Incentive Plan. This move, approved by shareholders, reflects the company’s strategy to align its leadership’s interests with its growth objectives, potentially impacting its market positioning and stakeholder confidence.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining Limited has announced the quotation of 186,283 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of November 26, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, which could have implications for its stakeholders by increasing liquidity and investor interest.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining Limited presented at the Noosa Mining Conference, highlighting its ongoing projects and strategic developments. The company reaffirmed its production targets and financial forecasts, emphasizing the stability of its assumptions and technical parameters. This presentation underscores Black Rock’s commitment to advancing its graphite projects, potentially strengthening its position in the graphite market and impacting stakeholders, including the Tanzanian government.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.
Black Rock Mining Limited announced the issuance of 27,017,980 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize employees and align their interests with the company’s growth objectives, potentially impacting its operational efficiency and market positioning.
The most recent analyst rating on (AU:BKT) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on Black Rock Mining Limited stock, see the AU:BKT Stock Forecast page.