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Boab Metals Ltd (AU:BML)
ASX:BML
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Boab Metals Ltd (BML) AI Stock Analysis

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AU:BML

Boab Metals Ltd

(Sydney:BML)

Rating:47Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
Boab Metals Ltd faces significant financial challenges with declining revenues and negative cash flows, which are the primary concerns. The technical analysis suggests a neutral to slightly bearish outlook, and the negative valuation metrics further add to the risks. Without a positive earnings call or notable corporate events, the stock's outlook remains cautious.

Boab Metals Ltd (BML) vs. iShares MSCI Australia ETF (EWA)

Boab Metals Ltd Business Overview & Revenue Model

Company DescriptionBoab Metals Limited engages in the exploration of mineral tenements in Australia and Latin America. The company primarily explores for gold, copper, zinc, silver, and lead deposits. Its flagship property is the Sorby Hills project located in the Kimberley Region of Western Australia. The company was formerly known as Pacifico Minerals Limited and changed its name to Boab Metals Limited in January 2021. Boab Metals Limited was incorporated in 2003 and is headquartered in West Perth, Australia.
How the Company Makes MoneyBoab Metals Ltd generates revenue through the exploration, development, and eventual production of mineral resources. The company's primary revenue streams are expected to come from the extraction and sale of lead and silver concentrates from its Sorby Hills Project. This project is developed in partnership with Henan Yuguang Gold and Lead Co., Ltd, a significant partner that contributes to the project's financing and development. The company's earnings are influenced by factors such as mineral prices, extraction costs, and the efficiency of its mining operations. Additionally, Boab Metals may engage in strategic partnerships and joint ventures to enhance its project development and reduce financial risk, further contributing to its revenue generation.

Boab Metals Ltd Financial Statement Overview

Summary
Boab Metals Ltd is facing significant financial challenges with declining revenues, persistent losses, and negative cash flows. While the company maintains a strong equity position and low leverage, the negative profit margins and poor cash flow generation highlight operational inefficiencies and raise concerns about sustainability.
Income Statement
45
Neutral
Boab Metals Ltd has shown a consistent decrease in revenue over the years, with a notable decline from 2019 to 2024. The company is struggling with negative EBIT and net income, leading to negative profit margins. The revenue growth rate is negative, highlighting a concerning trend in declining sales. Profitability remains a challenge with all margins in the red, indicating operational inefficiencies.
Balance Sheet
60
Neutral
The company maintains a strong equity position with an equity ratio indicative of solid financial stability. The debt-to-equity ratio is favorable, suggesting prudent financial leverage. However, the continual losses impact the return on equity negatively. Despite the losses, the company has managed to maintain a healthy cash position.
Cash Flow
50
Neutral
Boab Metals Ltd has persistent negative free cash flow, reflecting operational challenges. The operating cash flow to net income ratio is negative, indicating poor cash generation from core operations. However, the company has managed to secure financing to support its cash flow needs, though reliance on external financing could pose risks.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue136.10K201.75K160.66K122.44K123.73K
Gross Profit136.10K201.75K160.66K122.44K123.73K
EBITDA-3.31M-5.89M-5.76M-5.40M-3.28M
Net Income-3.32M-5.92M-6.80M-5.04M-3.13M
Balance Sheet
Total Assets12.76M11.63M11.67M18.66M8.48M
Cash, Cash Equivalents and Short-Term Investments5.66M4.58M6.32M12.90M2.91M
Total Debt112.71K30.50K100.19K45.53K99.64K
Total Liabilities667.47K1.23M1.09M1.68M867.26K
Stockholders Equity12.09M10.39M10.58M16.98M7.61M
Cash Flow
Free Cash Flow-3.67M-7.02M-6.53M-4.60M-3.28M
Operating Cash Flow-3.66M-5.38M-6.49M-4.55M-3.27M
Investing Cash Flow-2.70K-1.64M-24.27K148.40K-77.87K
Financing Cash Flow4.75M5.27M-65.92K14.39M4.27M

Boab Metals Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.16
Price Trends
50DMA
0.17
Positive
100DMA
0.16
Positive
200DMA
0.15
Positive
Market Momentum
MACD
>-0.01
Positive
RSI
54.91
Neutral
STOCH
40.37
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BML, the sentiment is Positive. The current price of 0.16 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.17, and above the 200-day MA of 0.15, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 54.91 is Neutral, neither overbought nor oversold. The STOCH value of 40.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BML.

Boab Metals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
47
Neutral
AU$46.07M-34.02%-48.45%49.82%
44
Neutral
AU$1.47B-5.90-41.17%4.21%-3.35%-41.14%
$26.37M-109.08%
€31.85M-5.98%
€20.14M-2.73%
52
Neutral
AU$46.76M-140.50%-17.92%
39
Underperform
AU$41.44M-16.58%-131.72%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BML
Boab Metals Ltd
0.18
0.10
125.00%
VTMLF
Venture Minerals Limited
0.02
0.00
0.00%
DE:9EU
Eclipse Metals Ltd.
0.01
0.00
0.00%
DE:W5E
Peel Mining Limited
0.03
-0.02
-40.00%
AU:RDM
Red Metal Limited
0.12
-0.02
-14.29%
AU:LEL
Lithium Energy Ltd.
0.37
0.01
2.78%

Boab Metals Ltd Corporate Events

Boab Metals Secures DeGrussa Processing Plant to Boost Sorby Hills Project
Jul 31, 2025

Boab Metals Limited has signed a binding agreement to acquire the DeGrussa Processing Plant from Sandfire Resources, a move that significantly reduces the capital costs and de-risks the Sorby Hills Project by securing essential processing infrastructure. The acquisition, along with a successful A$6.0 million capital raising, positions the company to advance towards a Final Investment Decision in the second half of 2025, potentially enhancing project economics due to a recent increase in silver prices.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Ltd Confirms Stability in Sorby Hills Project Estimates
Jul 21, 2025

Boab Metals Ltd has released a presentation detailing its current exploration results, mineral resources, and ore reserves, with a focus on the Sorby Hills project. The company confirms that there have been no material changes to the previously reported estimates and technical parameters, ensuring stakeholders of the project’s stability and potential profitability. This announcement reinforces Boab Metals’ commitment to transparency and operational progress, potentially strengthening its position in the mining sector.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Director Increases Stake in Company
Jun 30, 2025

Boab Metals Limited has announced a change in the director’s interest, with Simon Noon acquiring an additional 150,000 fully paid ordinary shares, bringing his total to 2,759,590 shares. This acquisition, valued at $22,500, reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and stability, which could have implications for stakeholders and the company’s market positioning.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Change in Substantial Holder’s Interest at Boab Metals
Jun 23, 2025

Boab Metals Limited has announced a change in the interests of a substantial holder, Villiers Queensland Pty Limited ATF Paul Brosnan Trust, which now holds a different percentage of voting power in the company. The change in voting power reflects a dilution due to additional shares issued by the company, impacting the overall voting dynamics and potentially influencing future shareholder decisions.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Ltd Announces Quotation of New Securities
Jun 23, 2025

Boab Metals Ltd has announced the issuance of 37,500,000 fully paid ordinary shares, which are set to be quoted on the ASX. This move is part of previously announced transactions and could potentially enhance the company’s capital structure, impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Limited Completes Strategic Share Placement
Jun 23, 2025

Boab Metals Limited has issued 37,500,000 fully paid ordinary shares at $0.16 per share to professional, sophisticated, and institutional investors. This strategic move utilizes the company’s placement capacity under ASX Listing Rules, potentially enhancing its financial standing and market positioning.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Secures A$6.0 Million to Propel Sorby Hills Project
Jun 16, 2025

Boab Metals Limited has successfully raised A$6.0 million through a placement to sophisticated, professional, and institutional investors to advance its Sorby Hills Lead-Silver-Zinc Project in Western Australia. The funds will be used for pre-development costs, site establishment, and worker camp refurbishment, while also freeing up cash reserves for further exploration. This capital injection is expected to accelerate the project’s progress towards a Final Investment Decision, enhancing Boab’s position in the market amid a strong silver market backdrop.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Initiates Trading Halt Ahead of Capital Raising Announcement
Jun 12, 2025

Boab Metals Limited has requested a trading halt on its securities on the Australian Securities Exchange (ASX) as it prepares to release an announcement regarding a capital raising. The halt will remain in place until the announcement is made or until normal trading resumes on June 16, 2025. This move indicates a potential strategic financial maneuver by the company, which could have implications for its operations and stakeholders.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Affirms Compliance with JORC Code in Latest Presentation
Jun 11, 2025

Boab Metals Ltd has released a presentation detailing its compliance with the Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves, known as the JORC Code. The company confirms that there have been no material changes to the assumptions and technical parameters underpinning its mineral resource estimates and ore reserves. This announcement underscores Boab Metals’ commitment to transparency and accuracy in its reporting, which is crucial for maintaining investor confidence and ensuring regulatory compliance.

The most recent analyst rating on (AU:BML) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

Boab Metals Ltd Reaffirms Resource Estimates and Strategic Focus
May 6, 2025

Boab Metals Ltd has provided updates on its mineral resources and ore reserves, confirming that there have been no material changes to the previously reported estimates and assumptions. The company continues to focus on its Sorby Hills project, with exploration results and feasibility studies supporting its production targets and financial forecasts. This announcement reinforces Boab Metals’ strategic positioning in the market, emphasizing its commitment to maintaining transparency and accuracy in its reporting, which is crucial for stakeholders and investors.

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: Aug 01, 2025