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Bastion Minerals Ltd
(Sydney:BMO)
Bastion Minerals Ltd (BMO) vs. iShares MSCI Australia ETF (EWA)
Bastion Minerals Ltd Business Overview & Revenue Model
Bastion Minerals Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 189.10K | 288.66K | 166.28K | 135.23K | 40.50K | 221.29K |
| Gross Profit | 189.10K | 288.66K | 166.28K | -70.35K | -27.44K | 221.13K |
| EBITDA | -1.35M | -1.22M | -2.67M | -3.61M | -2.94M | -1.01M |
| Net Income | -3.59M | -5.58M | -6.30M | -3.92M | -3.08M | -1.06M |
Balance Sheet | ||||||
| Total Assets | 3.33M | 3.39M | 4.87M | 7.40M | 7.55M | 2.25M |
| Cash, Cash Equivalents and Short-Term Investments | 204.22K | 372.12K | 1.03M | 636.55K | 3.48M | 796.36K |
| Total Debt | 743.50K | 235.33K | 357.69K | 1.16M | 1.03M | 103.94K |
| Total Liabilities | 1.90M | 1.13M | 1.36M | 2.00M | 1.27M | 501.78K |
| Stockholders Equity | 1.44M | 2.26M | 3.51M | 5.40M | 6.27M | 1.75M |
Cash Flow | ||||||
| Free Cash Flow | -1.75M | -2.41M | -3.17M | -4.58M | -4.01M | -871.06K |
| Operating Cash Flow | -1.15M | -1.39M | -1.72M | -2.22M | -2.42M | -769.98K |
| Investing Cash Flow | -1.20M | -1.03M | -1.47M | -2.36M | -1.59M | -101.08K |
| Financing Cash Flow | 2.57M | 1.76M | 3.58M | 1.73M | 6.70M | 1.59M |
Bastion 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% | |
52 Neutral | AU$10.48M | -2.76 | -61.72% | ― | ― | 8.81% | |
42 Neutral | AU$4.73M | ― | -9.21% | ― | ― | 54.74% | |
41 Neutral | AU$2.24M | ― | -240.83% | ― | ― | 54.64% | |
36 Underperform | AU$7.57M | -0.95 | -145.66% | ― | ― | 34.61% | |
30 Underperform | AU$7.05M | -2.59 | -41.50% | ― | ― | -6.38% | |
28 Underperform | AU$7.13M | -2.00 | -91.16% | ― | ― | 56.90% |
Bastion Minerals Ltd Corporate Events
Bastion Minerals Ltd has announced a General Meeting for shareholders to be held on November 28, 2025, in West Perth, WA. The meeting will be conducted in person, and shareholders are encouraged to participate by attending or submitting proxies. This meeting is crucial as it will address matters affecting shareholders’ interests, and the company has provided electronic access to the meeting details and proxy forms.
Bastion Minerals Ltd has announced the issuance of 13,854,954 fully paid ordinary shares as a settlement for outstanding supplier invoices. This move is part of the company’s strategy to manage its financial obligations and could impact its liquidity and stakeholder relations by converting liabilities into equity.
Bastion Minerals Ltd has appointed Sherifa Munkailah as Geologist-Project Due Diligence and Evaluation, as part of its renewed corporate strategy. This strategic move aims to enhance the company’s exploration capabilities and asset evaluation, supporting its growth within the Australian gold sector. Munkailah’s extensive experience in geology and geoscience will be instrumental in evaluating existing projects and identifying new acquisition opportunities, aligning with Bastion’s strategy to assess and potentially divest existing assets while seeking new growth avenues.
Bastion Minerals Ltd announced the issuance of 30 million unquoted equity securities in the form of options, exercisable at $0.004 and expiring on September 12, 2030. This move is likely to impact the company’s financial strategy by potentially increasing its capital base, which could enhance its operational capabilities and strengthen its position within the mining sector.
Bastion Minerals Ltd has appointed Mr. Ray Muskett as a Non-Executive Director, bringing his extensive experience in geology and gold exploration to the company’s leadership team. Concurrently, the company received shareholder approval for a share placement facility to issue up to 750,000,000 shares, aimed at advancing exploration activities and supporting general working capital, marking a significant step in Bastion’s strategic growth plan.
Bastion Minerals Ltd has commenced a geochemical exploration program at its ICE Copper-Gold Project in Canada, in collaboration with the Ross River Dena Council. This initiative aims to gather data for future exploration efforts, with the potential to expand beyond the current Mineral Resource Estimate (MRE) of 6.43 million tonnes at 1.07% copper. The exploration program is crucial for identifying additional resources and enhancing the project’s value, aligning with Bastion’s strategy to test and expand its asset portfolio.
Bastion Minerals Limited held a General Meeting where five resolutions were voted on by shareholders. Resolutions 1 and 2, concerning the approval of share issues to Syracuse Capital Pty Ltd and JRS Geology Pty Ltd, were not carried. However, resolutions 3, 4, and 5, which included a share placement facility, the appointment of Mr. Raymond Muskett as a director, and the grant of options to John Ribbons, were approved. These decisions could impact the company’s strategic direction and governance.
Bastion Minerals Ltd has released its interim financial report for the half year ending June 30, 2025. The report is intended to be read alongside the company’s annual report for the year ending December 31, 2024, and any public announcements made during the interim period. This release is part of the company’s commitment to continuous disclosure requirements under the Corporations Act 2001.
Bastion Minerals Limited announced the departure of Ross Landles from its board of directors, effective August 26, 2025. This change in leadership involves a significant number of securities, including 37,894,386 fully paid ordinary shares and 9,000,000 performance rights, which were held by Landles. The transition may impact the company’s strategic direction and stakeholder interests, given the substantial holdings involved.
Bastion Minerals Limited announced the resignation of Mr. Ross Landles from the Board of Directors, with Mr. John Ribbons stepping in as an interim non-executive director. The company plans to recommend geologist Mr. Raymond Muskett for the position at the upcoming General Meeting. This transition is part of Bastion’s ongoing strategy execution, with Mr. Ribbons bringing extensive experience in corporate governance and the resources sector to the role.
Bastion Minerals Ltd has undergone significant strategic changes following a leadership overhaul and relisting on the ASX. The company has focused on reducing overheads by relocating its head office, merging roles, and leveraging directors’ expertise without accruing fees until a market capitalization target is met. Bastion is actively reviewing its project portfolio for potential joint ventures or sales, with a focus on advancing its ICE Copper-Gold Project in Canada, which has shown promising mineral resource estimates. The company successfully completed a non-renounceable entitlement offer, raising funds and demonstrating confidence in its strategic direction.
Bastion Minerals Limited has announced a significant change in the shareholding of its director, Gavin Rutherford. The company issued additional shares to Rutherford as part of a placement and conversion of a convertible note, which was approved by shareholders at the Annual General Meeting. This change increases Rutherford’s total holdings to 228,219,281 fully paid ordinary shares, reflecting a strategic move to strengthen his stake in the company.
Bastion Minerals Ltd has announced the completion of a placement and the issuance of shares as consideration for services, both of which were approved by shareholders at their Annual General Meeting. The company will be quoting 101,139,133 ordinary fully paid securities on the ASX, marking a significant step in their financial operations and potentially impacting their market positioning.
Bastion Minerals Ltd has announced the application for quotation of 522,465,720 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of July 31, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial standing and market presence, potentially impacting its operations and stakeholders positively.
Bastion Minerals Ltd has recommenced trading on the Australian Securities Exchange with a renewed strategy under a new leadership team. The company is conducting a strategic review of its projects in multiple countries to determine the best path forward, which may include joint ventures or asset sales. A significant development is the JORC 2012 Mineral Resource Estimate for the ICE Copper-Gold Project in Canada, confirming its resource tonnage and grade. The company is also undergoing a capital restructuring, including a share placement and a convertible loan agreement, to strengthen its financial position and focus on high-potential assets.