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Boab Metals Ltd
(Sydney:BML)
Boab Metals Ltd (BML) vs. iShares MSCI Australia ETF (EWA)
Boab Metals Ltd Business Overview & Revenue Model
Boab Metals Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 38.45K | 174.31K | 136.10K | 201.75K | 160.66K | 122.44K |
| Gross Profit | -8.52K | 174.31K | 136.10K | 201.75K | 160.66K | 122.44K |
| EBITDA | -4.78M | -3.81M | -3.31M | -5.89M | -6.72M | -5.40M |
| Net Income | -3.88M | -3.84M | -3.32M | -5.92M | -6.80M | -5.04M |
Balance Sheet | ||||||
| Total Assets | 121.56M | 16.54M | 12.76M | 11.63M | 11.67M | 18.66M |
| Cash, Cash Equivalents and Short-Term Investments | 89.87M | 7.53M | 5.66M | 4.58M | 6.32M | 12.90M |
| Total Debt | 0.00 | 35.07K | 112.71K | 30.50K | 100.19K | 45.53K |
| Total Liabilities | 22.01M | 748.07K | 667.47K | 1.23M | 1.09M | 1.68M |
| Stockholders Equity | 99.55M | 15.79M | 12.09M | 10.39M | 10.58M | 16.98M |
Cash Flow | ||||||
| Free Cash Flow | -4.83M | -3.84M | -3.67M | -7.02M | -6.53M | -4.60M |
| Operating Cash Flow | -3.75M | -3.83M | -3.66M | -5.38M | -6.49M | -4.55M |
| Investing Cash Flow | -1.59M | -513.24K | -2.70K | -1.64M | -24.27K | 148.40K |
| Financing Cash Flow | 91.72M | 6.21M | 4.75M | 5.27M | -65.92K | 14.39M |
Boab Metals Ltd Technical Analysis
Boab Metals Ltd 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% | |
47 Neutral | AU$47.94M | 0.64 | 86.21% | ― | ― | -11.33% | |
45 Neutral | €125.15M | -5.36 | -5.19% | ― | ― | 21.74% | |
44 Neutral | AU$72.36M | -4.57 | -59.10% | ― | ― | ― | |
43 Neutral | AU$39.20M | -11.22 | -0.02% | ― | ― | -12.34% | |
42 Neutral | AU$247.83M | -16.15 | -29.71% | ― | -71.00% | 9.44% | |
42 Neutral | AU$57.61M | -15.58 | -7.13% | ― | ― | 33.33% |
Boab Metals Ltd Corporate Events
Boab Metals has secured confirmation from regional supplier Cambridge Gulf Limited that diesel supplies for its East Kimberley operations, including construction at the Sorby Hills project, are assured in the near term. Current stocks in Wyndham are sufficient through April and May, with additional fuel shipments scheduled through late June, and the diesel is imported from major Asian refineries via Singapore.
The company does not anticipate any immediate fuel-related disruptions to Sorby Hills construction and plans to reduce longer-term diesel exposure by connecting the project to grid power from the Ord River Hydro Power Station. This transition is expected to provide more stable, lower-emission power for operations, while Boab continues to monitor regional fuel conditions and commits to updating the market on any material changes.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has disclosed a change in director Richard Monti’s indirect interest, involving the transfer of 1,561,586 fully paid ordinary shares between entities he controls. The off-market transaction moved the shares from Greatcity Corporation Pty Ltd
The transfer, valued at $749,561.09, consolidates Monti’s indirect holding under Monti Minerals Pty Ltd while his direct shareholding and performance rights in Boab remain the same. This internal restructuring of holdings is administrative in nature, signalling no change in his total stake, but provides investors with updated transparency on how his interests are held within associated entities.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.51 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 has released its consolidated interim financial report for the half year ended 31 December 2025, outlining its corporate structure and regulatory framework. The report confirms the company’s ASX listing details, key governance appointments and professional service providers, underscoring its adherence to formal reporting standards and the maintenance of established corporate oversight for stakeholders.
These disclosures reinforce confidence in Boab Metals’ compliance with Australian financial reporting requirements and continuous disclosure obligations. Stakeholders are provided with clarity on how the company is administered and supervised, which supports transparency and trust in its ongoing operations and market presence.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
S&P Dow Jones Indices has updated the March 2026 quarterly rebalance for the All Ordinaries index, confirming that African Gold will not be added and American Rare Earths will remain in the benchmark. The revised changes include the addition of Boab Metals and a wide range of other resource, energy transition and diversified companies, underscoring ongoing investor interest in mining and critical materials exposures on the ASX.
The reshaped index composition may influence capital allocation and trading volumes for the newly included firms, as passive and benchmark-aware investors adjust portfolios ahead of the changes taking effect on March 23, 2026. For Boab Metals, index inclusion could support improved market visibility, broaden its shareholder base and enhance access to equity funding channels over time.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
S&P Dow Jones Indices has announced the March 2026 quarterly rebalance of its S&P/ASX indices, reshuffling membership across the 20, 50, 100, 200 and 300 benchmarks. The changes will take effect before trading opens on 23 March 2026, impacting index-tracking funds and relative weightings across major Australian equities.
Northern Star Resources will join the S&P/ASX 20, replacing Santos, while the S&P/ASX 50 will add Light & Wonder and PLS Group and remove Seek and Technology One. The S&P/ASX 100 will add Greatland Resources, Regis Resources and Westgold Resources, while dropping Lendlease, Netwealth Group and Pinnacle Investment Management.
In the S&P/ASX 200, Predictive Discovery, SRG Global and Vulcan Energy Resources will be added, with Catapult Sports, DigiCo Infrastructure REIT and EBOS Group removed. The S&P/ASX 300 will see a broad expansion of smaller and mid-cap names, including 4DMedical, Arafura Rare Earths, DPM Metals, Dateline Resources, Elevra Lithium and several other resource and industrial stocks.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.71 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals reported a strong financial and capital position as it advances its Sorby Hills silver-lead project toward production, following a final investment decision in late 2025. As of late February 2026, the company had a market capitalization of about $372 million, no debt, cash of $101 million and an enterprise value of $271 million, with its share price at 64.5 cents and major institutional investors such as Citicorp Nominees, JP Morgan Nominees and Franklin Resources on the register, underscoring institutional confidence in its fully funded development plans.
The company’s capital base comprised 576 million shares on issue and 13.7 million performance rights, while substantial and top-five shareholders together reflect a tightly held stock that may support price stability as Sorby Hills moves toward near-term production. This concentrated ownership and solid balance sheet position Boab Metals to execute on its development strategy at Sorby Hills, enhancing its potential standing as an emerging Australian silver-lead producer and signalling a relatively de-risked pathway for existing investors.
The most recent analyst rating on (AU:BML) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has reported steady progress on construction and development at its Sorby Hills silver-lead project in Western Australia, following a final investment decision in late 2025. Early works, including completion of the mine-site camp pad, initial processing plant and non-process infrastructure pads, and partial construction of the main access road, are on track for completion by early April 2026.
The company has awarded the bulk earthworks contract, begun refurbishing accommodation infrastructure for the mine camp, and advanced negotiations on key project packages such as processing plant works, non-process infrastructure and fuel supply. With engineering and planning underway for relocating the DeGrussa processing plant and power supply discussions progressing with Horizon Power, Sorby Hills remains on schedule for first production in the second half of 2027, reinforcing Boab’s ambitions to become a leading Australian silver producer.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.70 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 has disclosed a change in the indirect interests of director Simon Noon, who is a beneficiary of the Noon A/C trust. The filing reports the acquisition of 490,323 fully paid ordinary shares on 10 February 2026 at no consideration, increasing his indirect holding while leaving his existing direct shareholding and extensive performance rights package unchanged.
The update formalises Noon’s revised equity position in compliance with ASX listing rule 3.19A.2 and director disclosure requirements under the Corporations Act. This adjustment marginally increases director-aligned ownership in Boab Metals, which may be viewed positively by investors tracking insider holdings, without immediately altering the company’s capital structure or cash position.
The most recent analyst rating on (AU:BML) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has issued 490,323 fully paid ordinary shares to its Managing Director following the conversion of Class A performance rights. The conversion was triggered by the achievement of a key milestone, namely the receipt of all necessary permit approvals to commence construction at the Sorby Hills Project, marking a significant step toward project execution and potential future production.
The company confirmed that the new shares were issued without a prospectus under the Corporations Act’s disclosure exemptions and that it is compliant with its financial reporting and continuous disclosure obligations. Boab also stated there is no undisclosed price-sensitive information related to this share issue, providing assurance to investors about regulatory compliance and the transparency of the company’s current information set.
The most recent analyst rating on (AU:BML) stock is a Buy with a A$1.70 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 has applied to the ASX for quotation of 490,323 new ordinary fully paid shares, expanding the number of securities on issue. The additional shares, which result from the exercise or conversion of existing options or other convertible securities, modestly increase the company’s equity base and free float, with implications for shareholder dilution and trading liquidity.
The new Boab Metals shares are scheduled to be quoted on 10 February 2026 under the existing BML code, maintaining continuity for market participants. This issuance reflects ongoing capital management activities and may support the company’s funding flexibility for future operational or strategic initiatives within the metals sector.
The most recent analyst rating on (AU:BML) stock is a Buy with a A$1.70 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 has secured Part V Works Approval under Western Australia’s Environmental Protection Act 1986 for its Sorby Hills silver-lead-zinc project in the East Kimberley, marking the final major environmental regulatory approval needed to commence construction. The approval covers construction and operation of prescribed premises, including key processing and supporting infrastructure, enabling the company to move into full construction and finalise engineering for the mine site.
The Sorby Hills development is expected to generate significant economic and social benefits for the East Kimberley region, with Kununurra to serve as a key service and logistics hub supporting local jobs and regional contractors. Positioned as one of Australia’s largest undeveloped silver-lead projects and a potential long-life operation, Sorby Hills is set to strengthen local economic diversification while reinforcing Boab Metals’ growth trajectory in the base and precious metals sector.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.45 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 has reported a change in the indirect interests of Managing Director and Director Simon Noon, who is a beneficiary of the Noon A/C trust. As of 3 February 2026, Noon’s indirect holding increased by 735,484 fully paid ordinary shares acquired for no cash consideration, with no disposals reported, underscoring an expansion of his equity exposure and alignment with shareholder interests through additional performance-linked securities.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has issued 735,484 fully paid ordinary shares to its Managing Director following the conversion of Class B performance rights, triggered by the board’s approval of a Final Investment Decision for the Sorby Hills Project. The company also lodged a cleansing notice under section 708A(5)(e) of the Corporations Act, confirming the shares were issued without a prospectus, that it is compliant with its continuous disclosure and reporting obligations, and that there is no undisclosed price-sensitive information, thereby supporting market transparency for the new securities.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 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 has applied for quotation on the ASX of 735,484 new ordinary fully paid shares, to trade under its existing ticker BML. The additional securities arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s issued capital base and potentially enhancing liquidity for shareholders once the new shares commence trading.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has disclosed a change in the relevant interests of director Andrew Parker, who holds his stake in the company primarily through the entity Treypark Pty Ltd
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has raised approximately $19.6 million through the issue of 48.9 million fully paid ordinary shares at $0.40 each to professional, sophisticated and institutional investors, following shareholder approval at a January 2026 general meeting. The company has also issued a further 3.4 million ordinary shares after the achievement of a milestone linked to its Class B Performance Rights, a move that both strengthens its capital position and confirms progress against key performance targets, while formally notifying the market that the new shares were issued without a prospectus under the Corporations Act cleansing provisions.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 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 has applied to the ASX for quotation of 48,942,892 new ordinary fully paid shares under its existing issuer code BML. The new securities, issued on 3 February 2026 following previously announced transactions, will expand the company’s quoted share capital, with implications for shareholder dilution and additional funding capacity depending on the underlying transaction terms, which were not detailed in the filing.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 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 has reported a change in director Richard Monti’s interests in the company’s securities, as required under ASX listing rules, detailing his holdings of fully paid ordinary shares and various classes of director performance rights. Monti has increased his direct holding by 400,000 ordinary shares at no cash consideration, lifting his personal stake to 494,286 shares while maintaining existing performance rights, a move that marginally strengthens director equity alignment with shareholders and signals continued executive exposure to the company’s share price performance.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has disclosed a change in director Gary Comb’s indirect interest in the company’s securities, as required under ASX listing rules. Through his beneficiary interest in Bluedale Pty Ltd
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 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 has disclosed a change in the indirect interests of Managing Director Simon Noon, who is a beneficiary of the Noon A/C, under ASX listing rule 3.19A.2. As of 2 February 2026, Noon’s indirect holding increased through the acquisition of 2,000,000 fully paid ordinary shares in the company for nil consideration, with no securities disposed, signalling an uplift in his equity exposure via the associated account and reinforcing his alignment with shareholder interests.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 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 has applied to the ASX for quotation of 3.4 million new ordinary fully paid shares, to be traded under its existing ticker BML. The additional securities, issued on 2 February 2026 following the exercise or conversion of existing options or other convertible instruments, modestly increase the company’s share base and provide it with additional equity capital, with potential implications for shareholder dilution and future funding flexibility.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has secured over A$350 million in debt and equity funding and completed the acquisition of the remaining 25% of its Sorby Hills silver-lead-zinc project, enabling the board to make a Final Investment Decision and advance the operation to construction with early site works already under way and first production targeted for the second half of 2027. The funding package, supported by institutional investors and a strongly oversubscribed share purchase plan, together with a clean, non-dilutive project finance facility, positions Boab as a fully funded emerging producer whose projected cash flows are highly leveraged to the recent surge in silver prices, potentially enhancing returns for shareholders and strengthening its competitive standing in the Australian base and precious metals sector.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.56 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has acquired Yuguang (Australia) Pty Ltd’s remaining 25% interest in the Sorby Hills Silver-Lead-Zinc Project for an upfront payment of A$12.5 million and deferred consideration of A$10.5 million tied to future production, lifting its ownership of the project to 100%. Full ownership gives Boab rights to all forecast production of 897,000 tonnes of concentrate containing 18.6 million ounces of silver and 575,000 tonnes of lead and, combined with the recent Final Investment Decision and more than A$350 million in project funding, consolidates its transition into a base and precious metals producer while maximising shareholder exposure to higher margins amid a substantially stronger silver price than assumed in earlier studies.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.56 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 has confirmed that all resolutions presented at its 23 January 2026 General Meeting of Shareholders in Perth were passed on a poll, reflecting solid investor support for the company’s recent capital management initiatives. Shareholders ratified the prior issue of Tranche 1 shares under ASX Listing Rules 7.1 and 7.1A and approved the issue of Tranche 2 shares, cementing the company’s ability to proceed with its planned equity funding and maintaining compliance with listing rule placement capacity requirements, which collectively underpins Boab Metals’ capital structure and financial flexibility.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.57 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 has disclosed a change in the indirect shareholding of Managing Director and director Simon Noon, in compliance with ASX listing rule 3.19A.2. Through the Noon A/C, of which he is a beneficiary, Noon acquired 31,339 fully paid ordinary shares at $0.40 per share on 14 January 2026, with no securities disposed; the transaction modestly increases his equity stake and further aligns his interests with those of shareholders while maintaining transparency over director-related dealings.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.57 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 has disclosed a change in the indirect security holdings of director Gary Comb, as required under ASX listing rules. Through Bluedale Pty Ltd
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.57 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 has applied for quotation on the ASX of 17,499,964 new fully paid ordinary shares under its BML ticker, with the securities issued on 14 January 2026. The move increases the company’s quoted capital base and reflects the formal listing of shares previously flagged to the market, potentially enhancing liquidity for existing investors and supporting Boab Metals’ ongoing funding and corporate activities.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has completed an oversubscribed Share Purchase Plan, raising A$7 million after receiving applications totalling about A$17 million and closing the offer early due to strong shareholder demand. Together with recent equity raisings and a substantial senior debt facility, the company now has access to roughly A$350 million, providing full funding certainty for the development and construction of its Sorby Hills Silver-Lead Project through to first production in the second half of 2027, strengthening its balance sheet, eliminating the need for further equity for project development, and marking its transition toward near-term producer status.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has updated details of its proposed securities issue, advising the market that it has revised the closing date for its Share Purchase Plan (SPP) and the corresponding share issue date. The update, lodged as an amendment to its earlier Appendix 3B filing from December 2025, confirms that the capital-raising initiatives, including the SPP and other placements, remain underway, signalling the company’s continuing efforts to secure funding and maintain compliance with ASX disclosure requirements for investors and other stakeholders.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has announced that its shareholder Share Purchase Plan, opened on 18 December 2025, has been oversubscribed and will therefore close earlier than originally scheduled, now set for 5:00 pm AWST on 7 January 2026. The company said the accelerated closure is intended to minimise the scale-back of applications, with new fully paid ordinary shares under the plan expected to be issued and quoted on the ASX in mid-January, and thanked investors for their support as it moves into its next stage of development as a silver-lead producer.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has capped a pivotal year by approving the Final Investment Decision for its Sorby Hills Silver-Lead Project, marking its transition from a developer to a project delivery organisation. During 2025, the company reduced forecast capital costs through engineering and optimisation, secured key approvals, acquired the DeGrussa process plant to cut capex and execution risk, and moved to full ownership of Sorby Hills, while locking in both equity and debt funding to underpin construction and target first concentrate production in the second half of 2027 amid supportive silver market conditions.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has called a general meeting of shareholders to be held in Perth on 23 January 2026, setting a record date of 21 January 2026 for voting eligibility and urging investors to lodge proxy forms if they cannot attend in person. The key business of the meeting is to ratify previous issuances of Tranche 1 shares under ASX Listing Rules 7.1 and 7.1A and to seek approval for the issue of up to 48,942,892 Tranche 2 shares, decisions that will affect the company’s capital structure and potentially its capacity to raise funds and pursue corporate or project initiatives.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has called a General Meeting of shareholders to be held in person in Perth on 23 January 2026, and has outlined how investors can access the Notice of Meeting and related documents electronically in line with updated Corporations Act provisions. The company is shifting away from default hard-copy mailouts, instead directing shareholders to its website, ASX announcements and share registry portal, while strongly encouraging the use of online or proxy voting, signalling a continued move toward digital governance and streamlined investor engagement processes.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has completed the first tranche of a capital raising, issuing 101,057,108 fully paid ordinary shares at $0.40 per share to professional, sophisticated and institutional investors, raising $40.4 million before costs under its ASX Listing Rule 7.1 and 7.1A placement capacity. The company has confirmed that the shares were issued without a prospectus under the Corporations Act disclosure exemptions and that it remains compliant with its continuous disclosure and financial reporting obligations, signalling regulatory adherence and providing additional funding flexibility for its ongoing operations and growth plans.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has applied to the ASX for quotation of 101,057,108 new fully paid ordinary shares under the code BML, with an issue date of 19 December 2025. The move significantly increases the company’s quoted share base, indicating a substantial capital or transaction-related step that may affect ownership structure and market liquidity for existing and prospective shareholders.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has disclosed a change in the relevant interests of Managing Director and Director Simon Noon, who holds his indirect interest through the Noon A/C. Prior to the change, Noon held fully paid ordinary shares directly and indirectly, along with a series of B and C Class director performance rights, and on 18 December 2025 he was granted 5,225,807 additional zero-priced MD and director performance rights with various vesting conditions, extending his overall portfolio of A, B, C, D, E and F Class performance rights out to expiry dates in 2027 and 2030, thereby further aligning his remuneration with the company’s long-term performance and shareholder outcomes.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has updated the market on a change in the interests of director Richard Monti, in line with ASX disclosure requirements. The company reported that Monti has been issued 1.5 million zero-priced director performance rights across new D, E and F class tranches, with various vesting conditions and expiries out to 2030, following shareholder approval at the 25 November 2025 AGM. His existing shareholding and earlier tranches of performance rights remain unchanged, indicating this move is part of the company’s ongoing equity-based remuneration structure for directors rather than a change in his ordinary share position.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
Boab Metals has announced a change in director Gary Comb’s relevant interest in the company’s securities, disclosing that he has been issued 2,000,000 zero-priced director performance rights through his indirect holding vehicle, Bluedale Pty Ltd
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 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 has notified the market of the issue of 10,225,807 unquoted performance rights under its employee incentive scheme, which are not intended to be quoted on the ASX. The new equity awards, effective 18 December 2025, increase the company’s pool of employee-based securities and are likely aimed at aligning staff incentives with shareholder interests and supporting retention and performance as the company advances its strategic and operational objectives.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.