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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 374.00 | 718.00 | 0.00 |
| Gross Profit | 0.00 | -20.18K | -66.25K | 374.00 | -12.80K | -1.16K |
| EBITDA | -761.11K | -1.92M | -2.19M | -273.73K | -3.07M | -442.42K |
| Net Income | -3.92M | -3.92M | -2.65M | -4.98M | -3.08M | -443.58K |
Balance Sheet | ||||||
| Total Assets | 1.76M | 1.76M | 3.36M | 4.06M | 5.48M | 1.62M |
| Cash, Cash Equivalents and Short-Term Investments | 390.51K | 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 | 310.21K | 310.21K | 195.94K | 467.41K | 132.39K | 618.92K |
| Stockholders Equity | 1.45M | 1.45M | 3.16M | 3.60M | 5.35M | 996.14K |
Cash Flow | ||||||
| Free Cash Flow | -1.56M | -1.56M | -3.17M | -3.35M | -1.90M | -290.99K |
| Operating Cash Flow | -1.17M | -1.17M | -1.87M | -2.42M | -1.64M | -224.52K |
| Investing Cash Flow | -187.91K | -187.91K | -1.26M | -933.14K | -259.31K | -66.47K |
| Financing Cash Flow | 1.38M | 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$5.92M | -7.65 | -4.35% | ― | ― | 62.22% | |
47 Neutral | AU$14.90M | -2.52 | -169.80% | ― | ― | -17.78% | |
47 Neutral | AU$14.14M | -8.33 | -8.73% | ― | ― | 12.20% | |
45 Neutral | AU$6.45M | -3.18 | -39.25% | ― | ― | 21.34% | |
44 Neutral | AU$23.99M | -5.21 | -204.45% | ― | ― | -11.90% | |
38 Underperform | AU$19.59M | -3.61 | -110.65% | ― | ― | 32.08% |
Balkan Mining and Minerals Ltd Corporate Events
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.
Balkan Mining and Minerals Ltd has announced the appointment of Major General (Ret.) Kimberly Colloton as a director, effective December 15, 2025. As part of her appointment, she will be granted 600,000 Performance Rights, contingent upon the company’s shares reaching a specified average price target before June 30, 2028. This move is likely to strengthen the company’s leadership team and align the director’s interests with shareholder value, potentially impacting the company’s strategic direction and market performance.
Balkan Mining and Minerals Ltd has announced a proposed issue of securities, specifically performance rights, with a maximum of 600,000 units to be issued. The proposed issue date is set for November 30, 2026, and the company has provided necessary information to the ASX for potential quotation of these securities. This move is part of the company’s strategic financial operations, potentially impacting its market positioning and providing insights into its future growth plans.
Bayan Mining and Minerals Ltd has appointed Major General (Ret.) Kimberly M. Colloton as a Non-Executive Director, enhancing its board with her extensive experience in U.S. infrastructure delivery and strategic oversight of complex projects. This appointment is expected to bolster Bayan’s U.S. critical minerals portfolio, aligning with federal initiatives to secure domestic REE production, and underscores the strategic importance of the company’s Desert Star Project location.
Balkan Mining and Minerals Ltd, under the ASX issuer code BMM, announced a proposed issue of 1,008,117 ordinary fully paid securities. This move is part of a placement or other type of issue, with the proposed issue date set for December 10, 2026. The announcement signifies the company’s efforts to potentially raise capital, which could impact its market positioning and provide opportunities for stakeholders.
Balkan Mining and Minerals Ltd has announced a proposed issue of securities, with a maximum of 336,038 ordinary fully paid securities to be issued. This announcement, dated December 10, 2025, outlines the company’s intention to proceed with a placement or other type of issue, with the proposed issue date set for December 19, 2025. This move is part of the company’s strategic efforts to enhance its financial position and potentially expand its market operations, which could have implications for stakeholders and its standing in the industry.
Bayan Mining and Minerals Ltd has secured an exclusive global license for advanced rare earth processing technologies from the Colorado School of Mines. This agreement enhances Bayan’s competitive position in the U.S. rare earth value chain, supporting efforts to strengthen domestic critical mineral supply chains and advancing sustainable resource recovery objectives. The technologies, partially funded by the U.S. Department of Energy, promise higher recovery rates and lower costs, potentially unlocking additional value from complex materials. Bayan’s strategic location near major rare earth deposits further bolsters its market positioning.
Bayan Mining and Minerals Limited, listed on the ASX under the ticker BMM, has requested a trading halt on its securities pending an announcement regarding a proposed acquisition. The halt is expected to last up to two business days, with trading resuming by December 10, 2025, or upon the release of the announcement. This move indicates a significant strategic development for the company, potentially impacting its market position and stakeholder interests.
Balkan Mining and Minerals Ltd announced a change in the director’s interest, specifically for Director Fadi Diab. The change involves the issuance of 1,200,000 performance rights as part of an incentive package approved at the company’s 2025 Annual General Meeting. This move is part of the company’s strategy to align director remuneration with shareholder interests and long-term company performance.
Bayan Mining and Minerals Ltd has completed an integrated geophysical review of its Desert Star Project in California, which supports a carbonatite model consistent with the Mountain Pass district. The review, validated by Technical Advisor Robert Ellis, highlights low-susceptibility features at depth and outlines a NW trending corridor, enhancing the project’s potential. The strategic location near MP Materials’ Mountain Pass REE Mine and the commencement of a fieldwork program in December aim to refine exploration efforts and strengthen the company’s position in the rare earth elements market.
Bayan Mining and Minerals Limited has announced the issuance of 400,000 performance rights under an employee incentive scheme, which are set to expire on July 1, 2030. This move is part of the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and market competitiveness.
Balkan Mining and Minerals Ltd has announced the issuance of 6,300,000 unquoted performance rights set to expire on July 1, 2030. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s strategic operations by aligning incentives with long-term performance goals.
Balkan Mining and Minerals Ltd has announced the issuance of 2,000,000 unlisted options, exercisable at $0.40 and expiring on November 24, 2028. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX. The move reflects the company’s ongoing strategic financial maneuvers, potentially impacting its capital structure and offering stakeholders new investment opportunities.
Bayan Mining and Minerals Limited, listed on the ASX under the ticker BMM, has issued 2,000,000 quoted options in its capital. This issuance was conducted without disclosure to investors, relying on specific provisions of the Corporations Act. The company confirms compliance with relevant legal provisions and states there is no excluded information that needs to be disclosed.
Bayan Mining and Minerals Limited has announced the application for quotation of 2,000,000 options expiring on December 6, 2027, on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and reflects the company’s ongoing efforts to enhance its market presence and operational capabilities.
Bayan Mining and Minerals Ltd is advancing its exploration efforts at the Bayan Springs South Project in Nevada, USA, with a focus on identifying Carlin-style gold systems. The company recently completed a Controlled-Source Audio-frequency Magnetotellurics (CSAMT) survey, which has revealed a large Carlin-style alteration system, enhancing the geological understanding and exploration confidence of the project. The survey identified high-priority drill targets, suggesting significant potential for large-tonnage gold deposits. The project is strategically located near major gold operations, and the company is planning a high-impact drilling program to further explore these promising targets.
Bayan Mining and Minerals Limited, a company involved in mining and mineral exploration, held its 2025 Annual General Meeting where shareholders voted on several key resolutions. All resolutions, including the adoption of the remuneration report, election and re-election of directors, and ratification of prior share issues, were carried with significant majority support, indicating strong shareholder confidence in the company’s governance and strategic direction.
Balkan Mining and Minerals Ltd has announced the quotation of 57,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of November 5, 2025. This move signifies the company’s efforts to enhance its financial standing and expand its operations, potentially impacting its market position and offering new opportunities for stakeholders.