tiprankstipranks
Trending News
More News >
Ballymore Resources Limited (AU:BMR)
ASX:BMR
Australian Market

Ballymore Resources Limited (BMR) AI Stock Analysis

Compare
3 Followers

Top Page

AU:BMR

Ballymore Resources Limited

(Sydney:BMR)

Select Model
Select Model
Select Model
Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
AU$0.34
▲(0.88% Upside)
The score is held back primarily by weak financial performance—ongoing losses, sustained cash burn, and a notable increase in debt—despite a still-meaningful equity base. Technicals add support via a strong uptrend and positive MACD, but overbought indicators temper the outlook. Valuation remains hard to justify on earnings given the negative P/E and lack of dividend yield.
Positive Factors
Exploration Progress
The initiation of drilling programs at Maniopota and Torpy’s indicates strategic exploration efforts, potentially enhancing resource base and long-term growth prospects.
Promising Mineral Discoveries
Discoveries of high-grade mineral deposits at Torpy’s suggest strong potential for resource development, supporting future revenue growth and market positioning.
Strategic Incentive Alignment
Issuing performance rights aligns employee incentives with company goals, potentially improving operational efficiency and competitive positioning in the long term.
Negative Factors
Ongoing Losses
Persistent losses and negative profitability indicate challenges in achieving operational scale, impacting long-term financial health and sustainability.
Cash Burn
Continuous cash burn necessitates external funding, posing risks to financial stability and limiting investment in growth opportunities.
Rising Debt Levels
Increased debt levels heighten financial risk, potentially constraining future strategic initiatives and impacting long-term financial flexibility.

Ballymore Resources Limited (BMR) vs. iShares MSCI Australia ETF (EWA)

Ballymore Resources Limited Business Overview & Revenue Model

Company DescriptionBallymore Resources Limited operates as an exploration and development company. It explores for gold, copper, silver, lead, zinc, and other metals. It holds 100% interests in the Dittmer project that consists of two mining leases and three granted exploration permits covering an area of approximately 488 square kilometers located in central Queensland; the Ruddygore project, which covers an area of 558 square kilometers located adjacent to the regional center of Chillagoe in north Queensland; and the Mount Molloy project covering an area of approximately 78 square kilometers located in Hodgkinson province of north Queensland and is located south of the town of Mount Molloy. It holds 100% interest in the Ravenswood project that comprises five exploration permits covering an area of 309 square kilometers located to the south and east of the regional centre of Charters Towers in north Queensland. Ballymore Resources Limited was incorporated in 2019 and is headquartered in Brisbane, Australia.
How the Company Makes MoneyBallymore Resources Limited generates revenue primarily through the discovery and development of mineral resources, which are then either sold directly, used in joint ventures, or developed further into mining operations. The company engages in exploration activities to identify and evaluate mineral deposits. Once viable resources are confirmed, Ballymore can either sell the rights to these deposits to larger mining companies, enter into joint venture agreements to share the development costs and profits, or proceed with the development and extraction of minerals themselves, which are then sold in the market. Strategic partnerships with other mining firms and investment in advanced exploration technology are key factors that contribute to Ballymore's revenue generation. Additionally, fluctuations in global commodity prices can significantly impact the company's earnings.

Ballymore Resources Limited Financial Statement Overview

Summary
Ballymore Resources Limited faces significant financial challenges, characterized by a lack of revenue, persistent losses, and a reliance on external financing. The balance sheet, while showing a moderate equity cushion, is overshadowed by high leverage. The cash flow situation is concerning, with negative free cash flow indicating potential liquidity issues. These factors suggest a cautious outlook for the company's financial health.
Income Statement
Ballymore Resources Limited shows a consistent lack of revenue generation, with zero total revenue reported in recent periods. The company has been incurring significant net losses, reflected by negative EBIT and EBITDA. These factors indicate a challenging operational environment and weak profitability, which significantly undermines the income statement's strength.
Balance Sheet
The balance sheet reflects a moderate equity base, with stockholders' equity surpassing total liabilities, resulting in a reasonable equity ratio. However, the company is highly leveraged with a substantial debt load compared to equity. The absence of revenue and consistent losses further stress the financial stability, posing potential risks.
Cash Flow
Cash flow analysis reveals a negative free cash flow trend, indicating more cash outflows than inflows, primarily due to significant capital expenditures. The company has relied heavily on financing activities to maintain liquidity, highlighting concerns over sustainable cash flow generation from operations.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue60.60K60.60K0.000.000.0028.00K
Gross Profit60.60K60.60K-56.70K-49.90K-49.03K2.81K
EBITDA-782.26K-786.50K-1.71M-853.61K-684.67K-543.48K
Net Income-2.32M-2.32M-1.90M-878.02K-733.70K-568.67K
Balance Sheet
Total Assets22.98M22.98M23.61M13.19M10.37M4.72M
Cash, Cash Equivalents and Short-Term Investments2.30M2.30M7.94M1.47M2.54M224.13K
Total Debt9.34M9.34M33.26K56.56K0.000.00
Total Liabilities10.28M10.28M8.60M467.83K370.74K1.01M
Stockholders Equity12.69M12.69M15.02M12.72M10.00M3.71M
Cash Flow
Free Cash Flow-5.64M-5.64M-4.58M-4.53M-4.26M-3.67M
Operating Cash Flow-723.38K-723.38K-1.02M-658.75K-667.52K-285.53K
Investing Cash Flow-4.91M-4.91M-3.55M-3.87M-3.60M-3.38M
Financing Cash Flow0.000.0011.04M3.47M6.58M3.48M

Ballymore Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.34
Price Trends
50DMA
0.24
Positive
100DMA
0.19
Positive
200DMA
0.17
Positive
Market Momentum
MACD
0.03
Positive
RSI
58.07
Neutral
STOCH
25.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BMR, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.24, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 58.07 is Neutral, neither overbought nor oversold. The STOCH value of 25.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BMR.

Ballymore Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
AU$66.19M-24.24-16.78%-18.92%
52
Neutral
AU$36.91M-18.18-16.69%-11.01%
51
Neutral
AU$33.92M-11.52-8.32%-100.00%-146.48%
51
Neutral
AU$64.27M-6.89-17.78%
46
Neutral
AU$43.86M-23.16-12.26%26.92%
46
Neutral
AU$232.44M-60.32-21.63%86.21%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:BMR
Ballymore Resources Limited
0.32
0.20
162.30%
AU:HMX
Hammer Metals Limited
0.04
<0.01
8.57%
AU:LDR
Lode Resources Ltd
0.22
0.13
141.76%
AU:GSN
Great Southern Mining Limited
0.04
0.03
175.00%
AU:FRS
Forrestania Resources Limited
0.38
0.37
3700.00%
AU:M79
Firetail Resources Limited
0.12
0.04
45.57%

Ballymore Resources Limited Corporate Events

Ballymore Begins Drilling at Maniopota and Expands Follow-Up Program at Torpy’s
Dec 19, 2025

Ballymore Resources has commenced an initial reverse circulation drilling program at its Maniopota lead-zinc-copper-silver-gold target in Queensland, located along strike from the Red Dome and Mungana gold-base metal mines and 10km west of its Torpy’s prospect. The program, comprising five holes for 650 metres near historic mine workings, will test a suite of geological, geochemical and geophysical targets defined by a 6km-long soil anomaly, high-grade rock chip results, and recent EM and IP surveys, and is expected to finish within a week with further work planned in 2026; in parallel, a diamond rig has begun follow-up drilling at Torpy’s to further evaluate high-grade silver-lead-zinc-indium mineralisation and enable downhole EM, underlining Ballymore’s push to systematically explore underexplored historic mines and potentially enhance its resource base and project pipeline in the Chillagoe district.

Ballymore Resources Issues 400,000 Performance Rights
Dec 15, 2025

Ballymore Resources Limited has announced the issuance of 400,000 performance rights under an employee incentive scheme. These unquoted equity securities are part of the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and competitive positioning in the resources industry.

Ballymore Resources Uncovers Promising Mineralization at Torpy’s Prospect
Dec 15, 2025

Ballymore Resources Limited has announced promising results from its drilling activities at the Torpy’s and Little Torpy’s prospects near Chillagoe in north Queensland. The company reported significant mineralization, including high-grade silver-lead-zinc-indium deposits, which suggest a substantial potential for resource development in the area. The discovery at Little Torpy’s marks the first drilling at this location, revealing a broad intersection of valuable minerals. The company plans to continue its exploration efforts with additional drilling and geophysical surveys, indicating a busy and potentially lucrative year ahead for Ballymore Resources.

Ballymore Resources Unveils High-Grade Silver-Lead-Zinc-Indium Discovery at Torpy’s
Dec 3, 2025

Ballymore Resources Limited has reported exceptional assay results from its initial reverse circulation drilling at the Torpy’s prospect, revealing high-grade silver-lead-zinc-indium mineralization. With silver prices at historic highs and indium’s growing demand in electronics, these findings underscore the strategic importance of the Torpy’s project. The company plans to conduct further exploration to identify additional mineral lenses and will soon commence drilling at the Maniopota prospect, positioning itself for a promising 2026.

Ballymore Resources Updates Director’s Securities Holdings
Nov 21, 2025

Ballymore Resources Limited has announced a change in the director’s interest, specifically for Andrew Greville. The change involves the acquisition of 666,667 ordinary shares and 166,667 unlisted options as part of a placement conducted in August 2025, with these securities issued following shareholder approval at the 2025 AGM. This adjustment in holdings reflects the company’s ongoing strategic decisions to align director interests with shareholder value.

Ballymore Resources Issues New Shares to Bolster Exploration Efforts
Nov 21, 2025

Ballymore Resources Limited has issued 666,667 Ordinary Shares without disclosure to investors under the Corporations Act. This move is compliant with relevant legal provisions, and the company confirms there is no excluded information at this time. The share issue is part of Ballymore’s ongoing efforts to strengthen its financial position and support its exploration and development activities in Queensland’s mineral belts, potentially impacting its market positioning and stakeholder interests.

Ballymore Resources Issues New Unquoted Options
Nov 21, 2025

Ballymore Resources Limited announced the issuance of 166,667 unquoted options with an expiration date of December 31, 2027, and an exercise price of $0.22. This issuance is part of previously announced transactions and reflects the company’s ongoing strategic financial maneuvers to strengthen its position in the resources sector.

Ballymore Resources Announces Quotation of New Securities on ASX
Nov 21, 2025

Ballymore Resources Limited has announced the quotation of 666,667 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of November 21, 2025. This move is part of a previously announced transaction, signaling the company’s ongoing efforts to strengthen its financial position and enhance its market presence. The issuance of these securities is expected to provide Ballymore Resources with additional capital to support its exploration and development activities, potentially impacting its operational capabilities and market competitiveness.

Ballymore Resources Announces Director’s Interest Change
Nov 20, 2025

Ballymore Resources Limited has announced a change in the director’s interest, specifically involving Andrew Greville. The change includes the acquisition of 350,000 performance rights, which were approved by shareholders at the recent AGM. This adjustment in director’s interests reflects a strategic move by the company to align management incentives with shareholder interests, potentially impacting the company’s governance and future performance.

Ballymore Resources Issues Unquoted Performance Rights
Nov 20, 2025

Ballymore Resources Limited has announced the issuance of 2,450,000 unquoted performance rights as part of previously announced transactions. These securities are not intended to be quoted on the ASX, indicating a strategic move to incentivize or reward stakeholders without immediate market trading implications.

Ballymore Resources Advances Exploration with Promising Dittmer Project Results
Nov 20, 2025

Ballymore Resources Limited has announced significant advancements in its exploration activities, particularly in the Dittmer project, which has shown promising results in gold and copper mineralization. The company has been actively conducting surveys and drilling operations, which have identified new targets and extended known mineralized zones, positioning Ballymore as a key player in the Queensland mining sector. These developments are expected to enhance the company’s resource base and potentially attract further investment, impacting stakeholders positively by increasing the prospects of successful mining operations.

Ballymore Resources Unveils Promising Drilling Results at Torpy’s Crooked Creek
Nov 12, 2025

Ballymore Resources Limited has announced significant findings from its maiden reverse circulation drilling campaign at the historical Torpy’s Crooked Creek silver mine, part of the Ruddygore Project in north Queensland. The drilling has discovered substantial zones of massive sulphide mineralization, particularly lead-zinc, which could extend the historic mine’s resources. This discovery, which includes intersections of sphalerite and galena, is expected to enhance the company’s operational prospects and industry positioning, with further assay results anticipated in December.

Ballymore Resources Launches Drilling at Historic Torpy’s Silver Mine
Nov 10, 2025

Ballymore Resources Limited has commenced a drilling program at the Torpy’s Crooked Creek silver mine, part of the Ruddygore Project near Chillagoe. This initiative aims to explore extensions of the historic high-grade silver-lead-zinc mine, which operated from 1904 to 1914. The project is significant due to the current positive market conditions for silver, lead, and zinc, and the potential for discovering a larger mineral system using modern exploration techniques. The drilling program will test new structural models and untested geophysical and geochemical targets, potentially enhancing Ballymore’s industry positioning and offering promising implications for stakeholders.

Ballymore Resources Advances Drilling at Seventy Mile Mount Gold Target
Nov 4, 2025

Ballymore Resources Limited has initiated follow-up drilling at the Seventy Mile Mount target within its Ravenswood Project, aiming to explore bulk-tonnage gold mineralization. The project is strategically located near the historic Mount Leyshon gold mine, known for its significant gold and silver production. The Seventy Mile Mount target shares geological similarities with other successful breccia-hosted gold deposits in the area, suggesting promising potential. This drilling program is part of Ballymore’s broader strategy to advance its exploration activities at various project sites, including the upcoming drill testing at the Ruddygore Project, which could enhance the company’s position in the mining sector.

Ballymore Resources Advances Dittmer Project with New Discoveries and Funding
Oct 31, 2025

Ballymore Resources has announced significant progress in its Dittmer Project, with final assays confirming the extension of the high-grade Duffer Lode and preparations underway for further exploration. The company has also identified a potential doubling of the strike length of the Dittmer corridor and completed surveys that reveal new targets at other prospects. A successful $4.5 million placement supports these developments, potentially enhancing Ballymore’s operational capabilities and market position in the mining industry.

Ballymore Resources Announces New Securities Issue to Strengthen Market Position
Oct 14, 2025

Ballymore Resources Limited has announced a proposed issue of 2,450,000 performance rights as part of a new placement or other type of issue. This move is aimed at enhancing the company’s capital structure and potentially improving its market positioning by increasing its financial flexibility. The issuance is scheduled for November 20, 2025, and reflects Ballymore’s strategic efforts to bolster its operations and stakeholder value.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025