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BMG Resources Limited
(Sydney:BMG)
BMG Resources Limited (BMG) vs. iShares MSCI Australia ETF (EWA)
BMG Resources Limited Business Overview & Revenue Model
BMG Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | -1.65K | -790.00 | -1.07K | -681.00 |
| EBITDA | -947.65K | -947.49K | -7.19M | -2.73M | -1.29M | -1.09M |
| Net Income | -1.13M | -1.13M | -7.19M | -2.73M | -1.29M | -1.09M |
Balance Sheet | ||||||
| Total Assets | 15.44M | 15.44M | 15.07M | 21.27M | 19.99M | 14.38M |
| Cash, Cash Equivalents and Short-Term Investments | 344.95K | 344.95K | 474.70K | 2.07M | 3.07M | 889.25K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 131.39K | 131.39K | 171.69K | 252.50K | 426.99K | 198.60K |
| Stockholders Equity | 15.31M | 15.31M | 14.90M | 21.01M | 19.57M | 14.18M |
Cash Flow | ||||||
| Free Cash Flow | -1.50M | -1.50M | -2.08M | -3.56M | -3.91M | -2.47M |
| Operating Cash Flow | -823.76K | -823.76K | -1.29M | -1.20M | -703.50K | -837.93K |
| Investing Cash Flow | -680.67K | -680.67K | -789.13K | -2.18M | -3.21M | -1.63M |
| Financing Cash Flow | 1.37M | 1.37M | 478.88K | 2.56M | 6.09M | 3.08M |
BMG Resources 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% | |
49 Neutral | AU$26.76M | -17.86 | -7.48% | ― | ― | 87.39% | |
49 Neutral | AU$17.36M | -7.27 | -17.32% | ― | ― | 45.00% | |
49 Neutral | AU$20.97M | -8.42 | -11.09% | ― | ― | 36.67% | |
46 Neutral | AU$14.36M | ― | -10.45% | ― | ― | ― | |
45 Neutral | AU$30.09M | -11.11 | -7.30% | ― | ― | ― | |
45 Neutral | AU$25.69M | -5.17 | -122.97% | ― | ― | 24.25% |
BMG Resources Limited Corporate Events
BMG Resources Limited has notified the ASX of the planned issue of 42 million unquoted performance rights under an employee incentive scheme, with various vesting conditions tied to share price targets, market capitalisation milestones and the achievement of a 1 million ounce mineral resource estimate. The new securities, scheduled for issue on 31 December 2025, are not intended to be quoted on the ASX and are designed to align management and employee incentives with key value-creation benchmarks, potentially influencing the company’s capital structure and signalling a strategic focus on both share price performance and resource growth.
BMG Resources has granted 42 million performance rights under its Employee Incentive Plan to members of its technical team, the company secretary and an investor relations consultant, in a move designed to align remuneration with shareholder value creation. The rights vest in tranches tied to ambitious milestones, including share price targets between A$0.025 and A$0.04 over specified periods, achieving a market capitalisation of at least A$50 million, and reporting a JORC-compliant mineral resource of at least one million ounces of gold by the end of 2028, underscoring the company’s drive to grow its resource base and market profile while incentivising key staff to deliver exploration and valuation outcomes.
BMG Resources Limited has announced the issuance of 10,000,000 unquoted options, exercisable at $0.020 before December 31, 2027. This move is part of previously announced transactions and is not intended to be quoted on the ASX, potentially affecting the company’s capital structure and offering strategic flexibility for future operations.
BMG Resources Limited has announced the application for the quotation of 147,058,823 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with its financial growth.
BMG Resources Limited announced the cessation of 15 million performance rights due to unmet conditions and the expiry of options. This development could impact the company’s capital structure and may influence investor perceptions regarding the company’s operational progress and strategic direction.
BMG Resources Limited announced a proposed issue of 10 million new securities in the form of options, exercisable at $0.020 on or before December 31, 2027. This strategic move is aimed at raising capital to support the company’s ongoing operations and growth initiatives, potentially enhancing its market position and providing value to stakeholders.
BMG Resources Limited has announced a proposed issue of 147,058,823 ordinary fully paid securities, with the issuance date set for December 11, 2025. This move is part of a placement or other type of issue, and the company has submitted the necessary information to the ASX for potential quotation. This issuance could impact BMG’s financial standing and market positioning by potentially increasing its capital base, which may be used for further exploration and development activities.
BMG Resources Limited has successfully raised $2.5 million through a strategic placement of new shares, enabling the company to fund major drill programs at its Abercromby and Bullabulling Gold Projects. The Abercromby project, with a maiden Mineral Resource Estimate of 518,000 ounces of gold, presents a compelling development opportunity due to its high-grade zones and favorable extraction features. The Bullabulling West area is strategically located near a significant gold mine, enhancing its potential. This capital injection is expected to expedite exploration activities and potentially unlock significant value for stakeholders.
BMG Resources Limited held its Annual General Meeting on November 26, 2025, where all proposed resolutions were passed with significant majorities. Key resolutions included the adoption of the Remuneration Report, the re-election of Director John Dawson, and the ratification of prior issues of Placement Shares. The approval of an Employee Incentive Scheme and an Additional Placement Facility were also confirmed. These decisions are likely to strengthen the company’s governance and financial strategies, potentially enhancing its market position and stakeholder confidence.
BMG Resources Limited announced the cessation of certain securities, specifically 2,000,000 performance rights in Tranche 3 and 2,400,000 in Tranche 4, due to unmet conditions. This cessation may impact the company’s capital structure and could influence investor perception regarding the company’s operational milestones.
BMG Resources Limited has confirmed the large strike extent of the Abercromby gold system, indicating significant growth potential. The company plans to conduct follow-up drilling to expand the current mineral resource estimate of 518,000 ounces of gold. A scoping study is underway for a low-capex, fast payback mining proposal, supported by high gold prices and favorable metallurgical properties. At the Bullabulling Gold Project, recent drilling has identified multiple gold lodes, enhancing the prospectivity for significant gold mineralization. New drill results from a neighboring mine suggest potential continuity of high-grade gold into BMG’s tenure, establishing new high-priority targets for further exploration.
BMG Resources Limited has announced its 2025 Annual General Meeting, scheduled for November 26, 2025, in Perth. Shareholders have been informed of the meeting details and the process for proxy voting, emphasizing the importance of reviewing the Notice of Meeting. The company is facilitating electronic and postal options for proxy submissions, ensuring shareholder participation even if they cannot attend in person.
BMG Resources Limited responded to an ASX price and volume query, clarifying that they are unaware of any undisclosed information that could explain recent trading activity. The company noted positive sentiment in the gold sector and informal inquiries about the Abercromby Gold Project, though no formal offers have been made. BMG confirmed compliance with ASX Listing Rules and reported on their Bullabulling Gold Project drilling results, which were kept confidential until their recent announcement.
BMG Resources Limited announced significant results from its initial reverse circulation drilling at the Bullabulling Gold Project, revealing multiple high-grade gold lodes. The drilling at Bullabulling North and West areas suggests potential continuity of gold mineralization from the neighboring Bullabulling Gold Mine, operated by Minerals 260. The company plans further drilling to explore these promising results, which could enhance its gold resource base and industry positioning. Additionally, BMG is progressing a scoping study for the Abercromby Gold Project, which is attracting commercial interest due to high gold prices, indicating a robust development opportunity.
BMG Resources Limited has requested a trading halt on its securities, effective immediately, to maintain an orderly market while preparing a response to a price query letter from the ASX. The halt is expected to remain until either the start of trading on October 20, 2025, or the release of the company’s response, which will be announced to the market.