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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% | |
42 Neutral | AU$4.42M | -3.26 | -9.21% | ― | ― | 54.74% | |
41 Neutral | AU$2.25M | -0.20 | -240.83% | ― | ― | 55.05% | |
39 Underperform | AU$17.70M | -3.56 | -61.72% | ― | ― | 8.81% | |
36 Underperform | AU$7.28M | -0.58 | -145.66% | ― | ― | 34.61% | |
30 Underperform | AU$7.39M | -2.24 | -41.50% | ― | ― | -6.38% | |
28 Underperform | AU$9.27M | -2.00 | -91.16% | ― | ― | 56.90% |
Bastion Minerals Ltd Corporate Events
Bastion Minerals Limited has announced an update regarding the consolidation of its securities, specifically detailing the actual securities on issue following the consolidation. This update impacts various securities, including ordinary fully paid shares and several options with different expiration dates. The announcement aims to provide clarity on the securities affected by the consolidation and is part of the company’s ongoing efforts to manage its capital structure effectively.
Bastion Minerals Ltd has announced the commencement of its maiden exploration program at the Ninnis Gold Project in Western Australia. The project involves a planned auger geochemistry program with approximately 1,200 drill holes, marking a significant step towards a comprehensive drilling campaign. The acquisition of Muskwood Pty Ltd, which owns the Ninnis Gold Project, positions Bastion favorably within a world-class gold mining jurisdiction, enhancing its potential to discover significant gold deposits.
Bastion Minerals Limited announced the results of its General Meeting, where all five resolutions were approved by shareholders. Notably, resolutions to change the company’s status to ‘No Liability’ and to replace its constitution were passed with the required 75% majority. These changes are expected to impact the company’s operational structure and governance, potentially enhancing its flexibility and attractiveness to investors.
Bastion Minerals Ltd has announced a security consolidation, affecting several of its securities, including ordinary fully paid shares and various options with different expiration dates. This reorganization will commence trading on a deferred settlement basis starting December 2, 2025, with the record date set for December 3, 2025, and the issue date on December 10, 2025. The consolidation requires various approvals, including security holder and court approvals, indicating a significant restructuring effort that could impact the company’s market positioning and shareholder value.
Bastion Minerals Ltd has announced the issuance of 110,000,000 unquoted equity securities, specifically options expiring on September 12, 2030, at an exercise price of $0.004. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s financial structure and stakeholder interests.
Bastion Minerals Ltd has announced the application for quotation of 330 million fully paid ordinary securities on the ASX, marking a significant step in its capital market activities. This move is part of previously announced transactions and could potentially enhance the company’s financial standing and market presence.
Bastion Minerals Limited has announced a proposed issue of securities, including 158,333,333 options and 475,000,000 ordinary fully paid shares, with the issuance date set for January 23, 2026. This move is likely aimed at raising capital for the company’s operations and could impact its market positioning by enhancing its financial resources and potentially attracting new investors.
Bastion Minerals Ltd has successfully raised $475,000 through a share placement to sophisticated and professional investors, including existing shareholders and directors. The funds will be used for a potential project acquisition and working capital, supporting the company’s strategic focus on exploration and due diligence activities. The placement reflects strong investor confidence in Bastion’s strategy, as outlined in their May 2025 ASX release, and highlights the significant participation of company directors in the capital raising effort.
Bastion Minerals Ltd has announced the acquisition of the Ninnis Gold Project, located in Western Australia’s Northern Goldfields, through a Share Sale and Purchase Agreement with Muskwood Pty Ltd. This strategic acquisition aligns with Bastion’s strategy to target early-stage Australian gold projects and is expected to enhance its exploration capabilities in a region renowned for significant gold deposits. The project, which covers 25 square kilometers, is situated near major gold operations and is geologically similar to the Mount Morgans Gold Mine. Bastion plans to commence soil and rock chip sampling to identify drill targets, aiming to fast-track exploration efforts and potentially make significant gold discoveries.
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.