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Ballymore Resources Limited
(Sydney:BMR)
Ballymore Resources Limited (BMR) vs. iShares MSCI Australia ETF (EWA)
Ballymore Resources Limited Business Overview & Revenue Model
Ballymore Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 60.60K | 0.00 | 0.00 | 0.00 | 28.00K |
| Gross Profit | 60.60K | -56.70K | -49.90K | -49.03K | 2.81K |
| EBITDA | -786.50K | -1.71M | -853.61K | -684.67K | -543.48K |
| Net Income | -2.32M | -1.90M | -878.02K | -733.70K | -568.67K |
Balance Sheet | |||||
| Total Assets | 22.98M | 23.61M | 13.19M | 10.37M | 4.72M |
| Cash, Cash Equivalents and Short-Term Investments | 2.30M | 7.94M | 1.47M | 2.54M | 224.13K |
| Total Debt | 9.34M | 33.26K | 56.56K | 0.00 | 0.00 |
| Total Liabilities | 10.28M | 8.60M | 467.83K | 370.74K | 1.01M |
| Stockholders Equity | 12.69M | 15.02M | 12.72M | 10.00M | 3.71M |
Cash Flow | |||||
| Free Cash Flow | -5.64M | -4.58M | -4.53M | -4.26M | -3.67M |
| Operating Cash Flow | -723.38K | -1.02M | -658.75K | -667.52K | -285.53K |
| Investing Cash Flow | -4.91M | -3.55M | -3.87M | -3.60M | -3.38M |
| Financing Cash Flow | 0.00 | 11.04M | 3.47M | 6.58M | 3.48M |
Ballymore Resources Limited Technical Analysis
Ballymore Resources Limited 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% | |
51 Neutral | AU$33.56M | -12.84 | -16.69% | ― | ― | -11.01% | |
51 Neutral | AU$47.51M | -5.09 | -17.78% | ― | ― | ― | |
50 Neutral | AU$41.96M | -8.48 | -8.32% | ― | -100.00% | -146.48% | |
49 Neutral | AU$695.75M | -12.68 | -21.63% | ― | ― | 86.21% | |
48 Neutral | AU$34.89M | -8.77 | -12.26% | ― | ― | 26.92% | |
43 Neutral | AU$49.84M | -11.36 | -16.78% | ― | ― | -18.92% |
Ballymore Resources Limited Corporate Events
Ballymore Resources Limited has disclosed a change in director Andrew Gilbert’s interests following the exercise of performance rights. Through the Gilbert Family Trust, Gilbert converted 700,000 performance rights expiring 30 September 2028 into 700,000 ordinary shares at no cash consideration.
As a result of this transaction, Gilbert’s indirect holding increased to 10,755,149 ordinary shares while his unlisted options position remained unchanged. The move slightly increases insider equity ownership, aligning the director’s interests more closely with shareholders without diluting value through additional option grants.
The most recent analyst rating on (AU:BMR) stock is a Sell with a A$0.24 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
Ballymore Resources Limited has applied for quotation on the ASX of 700,000 ordinary fully paid shares under its ticker BMR, with an issue date of 24 February 2026. The additional securities expand the company’s quoted share capital, potentially enhancing liquidity in its stock and providing further flexibility for funding and corporate initiatives.
This move reflects Ballymore Resources’ ongoing use of equity markets to support its operations and growth strategy, and may modestly affect existing shareholders through the small increase in issued capital. The quotation application under ASX Listing Rules formalises the new shares’ eligibility for trading on the exchange once approved.
The most recent analyst rating on (AU:BMR) stock is a Sell with a A$0.24 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
Ballymore Resources is accelerating development at its Dittmer high‑grade gold project in North Queensland, with access expansion works for a new modern‑scale portal progressing to enable both resource drilling and trial mining in Q2 2026. The strategy is designed to provide safe, low‑cost underground drilling access to the Duffer Lode’s southern extension while opening historic workings for bulk sampling.
The planned 3,000m Stage 6 resource drilling campaign will target extensions along a 4km mineralised corridor, supporting a maiden Mineral Resource Estimate at what was historically one of Australia’s highest‑grade gold mines. At the same time, recovery of high‑grade backfill and remnant pillars for mill‑scale testwork is expected to inform economic studies for a potential mine restart, potentially reducing drilling costs by more than $2.5 million and advancing Ballymore’s path toward near‑term production.
The most recent analyst rating on (AU:BMR) stock is a Sell with a A$0.24 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
Ballymore Resources has reported strong assay results from its first step-out drill hole at the Little Torpy’s prospect, located 600 metres south of the main Torpy’s workings in north Queensland, confirming a broad, shallow silver-lead-zinc intersection. The hole (BTPRC007) returned 30 metres at 58.4 g/t silver, 4.29% lead and 3.70% zinc from 22 metres, including a higher-grade 6-metre zone at 153.0 g/t silver, 10.24% lead and 8.56% zinc, supporting the company’s interpretation that the greater Torpy’s area may host multiple high-grade ore lenses and represents a project of significant scale; Ballymore has already identified several additional structurally similar targets and plans follow-up drilling once weather conditions allow, potentially enhancing the project’s development prospects and the company’s position in the regional base metals sector.
The most recent analyst rating on (AU:BMR) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
Ballymore Resources Limited has applied to the ASX for quotation of 100,000 new fully paid ordinary shares, to be issued under its existing listing arrangements. The small placement of additional equity arises from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted share capital and marginally diluting existing holders while signalling continued investor uptake of its equity instruments.
The most recent analyst rating on (AU:BMR) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
Ballymore Resources reported strong exploration progress for the quarter ended 31 December 2025, highlighted by high-grade drilling results at the Dittmer Project that confirm south-plunging mineralised shoots in the faulted extension to the Duffer Lode, with multiple intersections of very high-grade gold and associated silver and copper. The company has begun upgrading and extending underground development at Dittmer to support step-out resource delineation, improved underground access, and planned trial mining with bulk sampling for mill-scale testwork, while also advancing other Queensland targets including high-grade silver-lead-zinc-indium mineralisation at Torpy’s, a newly defined shallow copper-gold porphyry target at Andromache, and active drilling at the Maniopota skarn and Seventy Mile Mount breccia pipe prospects, collectively underscoring Ballymore’s push toward potential mine restart and broader resource growth across its portfolio.
The most recent analyst rating on (AU:BMR) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
Ballymore Resources has reported its richest drill results to date from the Torpy’s prospect near Chillagoe in north Queensland, with reverse circulation hole BTPRC005 intersecting 23 metres at 215.6 g/t silver, 8.55% lead and 1.99% zinc from 130 metres, including a standout 7 metres at 650.7 g/t silver, 25.37% lead and 3.01% zinc. The hole also returned high indium grades and anomalous gold and copper, while zinc distribution suggests a halo that may help vector to additional high-grade shoots. Assays are pending for a broad mineralised interval at the nearby Little Torpy’s prospect and logging and sampling are under way on the first diamond hole at Torpy’s, with further downhole EM and follow-up drilling planned when weather allows. In parallel, drilling at Seventy Mile Mount is close to completion and underground development at the Dittmer gold project is advancing toward a major step-out drilling phase in the second quarter of 2026, positioning Ballymore to capitalise on strengthening gold and silver prices amid a broader metals rally.
The most recent analyst rating on (AU:BMR) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
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 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 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 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.