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Balkan Mining and Minerals Ltd
(Sydney:BMM)
Balkan Mining and Minerals Ltd (BMM) vs. iShares MSCI Australia ETF (EWA)
Balkan Mining and Minerals Ltd Business Overview & Revenue Model
Balkan Mining and Minerals Ltd Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -2.03K | 0.00 | 0.00 | 374.00 | 718.00 | 0.00 |
| Gross Profit | -4.34K | -20.18K | -66.25K | 374.00 | -12.80K | -1.16K |
| EBITDA | 86.40K | -1.92M | -2.19M | -273.73K | -3.07M | -442.42K |
| Net Income | -1.06M | -3.92M | -2.65M | -4.98M | -3.08M | -443.58K |
Balance Sheet | ||||||
| Total Assets | 5.90M | 1.76M | 3.36M | 4.06M | 5.48M | 1.62M |
| Cash, Cash Equivalents and Short-Term Investments | 2.79M | 390.51K | 360.26K | 2.12M | 3.62M | 1.15K |
| Total Debt | 0.00 | 0.00 | 19.24K | 78.00K | 27.13K | 401.48K |
| Total Liabilities | 829.46K | 310.21K | 195.94K | 467.41K | 132.39K | 618.92K |
| Stockholders Equity | 5.07M | 1.45M | 3.16M | 3.60M | 5.35M | 996.14K |
Cash Flow | ||||||
| Free Cash Flow | -1.70M | -1.56M | -3.17M | -3.35M | -1.90M | -290.99K |
| Operating Cash Flow | -1.40M | -1.17M | -1.87M | -2.42M | -1.64M | -224.52K |
| Investing Cash Flow | -965.73K | -187.91K | -1.26M | -933.14K | -259.31K | -66.47K |
| Financing Cash Flow | 4.69M | 1.38M | 1.37M | 1.78M | 5.55M | 272.82K |
Balkan Mining and Minerals Ltd Technical Analysis
Balkan Mining and Minerals 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% | |
48 Neutral | AU$12.54M | -7.05 | -8.28% | ― | ― | 12.20% | |
48 Neutral | AU$6.92M | -2.94 | -36.71% | ― | ― | 21.34% | |
48 Neutral | AU$5.00M | -3.75 | 3.77% | ― | ― | 62.22% | |
44 Neutral | AU$20.56M | -2.41 | -84.62% | ― | ― | -11.90% | |
43 Neutral | AU$9.35M | -5.81 | -32.43% | ― | ― | -17.78% | |
38 Underperform | AU$20.21M | -1.52 | -88.63% | ― | ― | 32.08% |
Balkan Mining and Minerals Ltd Corporate Events
Bayan Mining and Minerals Limited has released its interim financial report for the half year ended 31 December 2025. The report is accompanied by standard corporate information, including details of its non-executive board, company secretaries, auditor, share registry, and contact and listing particulars, underscoring its status as a regulated ASX-listed mining entity.
This disclosure primarily serves a compliance and investor information function, rather than announcing new operational developments or strategic shifts. Stakeholders are reminded of the company’s governance structure and formal reporting obligations, but the document provides no additional insight into project performance, financial results, or changes in corporate strategy.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals has secured U.S. Bureau of Land Management approval for a variation to its Plan of Operations and bond acceptance at the 100%-owned Desert Star rare earth project in California, clearing the final permitting hurdle for its maiden drilling campaign. The revised approval lifts the maximum drill depth from 200 to 300 metres, enabling full testing of a low-susceptibility, high-density geophysical target defined in 3D modelling.
The company has reported outstanding surface geochemistry with multiple high-grade total rare earth oxide results and has sent selected samples for detailed mineralogical and petrographic analysis to better define REE-bearing minerals and alteration. Initial data indicate a dominant light rare earth assemblage with a significant neodymium-praseodymium component, reinforcing Desert Star’s potential as a strategically located rare earth discovery that could enhance Bayan’s positioning in the critical minerals supply chain if drilling confirms a substantial resource.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals has reported substantially upgraded rare earth grades from follow-up surface and heavy mineral concentrate sampling at its 100%-owned Desert Star Project in California, with assays reaching up to 66,810 ppm total rare earth oxides (TREO) at surface and 91,092 ppm TREO in concentrates. The latest work confirms robust REE mineralisation linked to favourable pegmatitic and gneissic host rocks and has defined four high-priority targets supported by geophysical and geochemical data, while recent approval of the Plan of Operations by the U.S. Bureau of Land Management clears the way for expanded fieldwork and drilling, potentially enhancing the project’s strategic value in a key rare earths district for investors and downstream supply chains.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals has appointed veteran rare earths specialist John Ganser as a technical consultant to support the evaluation and development planning of its Desert Star rare earths projects in California and to help shape its downstream processing strategy. Ganser’s more than 45 years of experience in project studies and complex rare earths processing, gained at major resource companies including BHP, Lynas, Iluka, Arafura and OZ Minerals, is expected to strengthen Bayan’s efforts to integrate its strategically located Desert Star assets with its DOE-backed, patented processing technologies and advance the company’s role in building a resilient U.S. domestic rare earths supply chain.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals Limited has issued 336,038 fully paid ordinary shares at a deemed issue price of $0.088 per share, expanding its quoted share capital on the ASX. The company confirmed the new shares were issued without a prospectus under relevant Corporations Act provisions, stated it remains compliant with its continuous disclosure and financial reporting obligations, and advised that there is no excluded or undisclosed information that investors would reasonably expect to find in a disclosure document, reinforcing transparency and regulatory compliance for shareholders.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals Limited has applied for quotation on the ASX of 336,038 new fully paid ordinary shares under code BMM, with an issue date of 9 January 2026, following previously announced transactions. The additional securities will increase the company’s quoted capital base, potentially enhancing liquidity in its shares and supporting ongoing corporate or project-related activities as it advances its position in the mining and minerals industry.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals Ltd has appointed experienced mining executive Nathan Kong as Chief Executive Officer, effective 27 January 2026, while Executive Director Fadi Diab transitions to a Non-Executive Director role to maintain board continuity. Kong brings over 17 years of tier-one mining, technical and corporate development experience, and is mandated to drive the advancement of Bayan’s rare earth processing technology and key projects through disciplined technical evaluation, capital-efficient execution and strategic partner engagement, strengthening the company’s leadership at a pivotal growth stage and signalling a sharpened focus on long-term value creation for shareholders.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.
Bayan Mining and Minerals has submitted a Notice of Intent to the U.S. Forest Service for its maiden Phase 1 drilling program at the Bayan Springs South Project in Nevada, marking a key permitting milestone as the company advances its Carlin-style gold exploration strategy in a tier-one jurisdiction. The company has also engaged veteran Nevada geologist and former Barrick Gold district geologist Charles Weakly as a senior consultant to refine and prioritise drill targets, integrating CSAMT geophysics, detailed geological interpretation and high-grade surface gold results to optimise drill collar locations and hole orientations; these steps are intended to de-risk and sharpen the focus of a high-impact initial drill campaign on the most prospective feeder structures in close proximity to established Carlin-style production.
The most recent analyst rating on (AU:BMM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Balkan Mining and Minerals Ltd stock, see the AU:BMM Stock Forecast page.