Basin Energy Limited (BSN) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 135.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: N/A
• EPS Growth: -120.63%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 45
• Industry: Uranium
• EPS (TTM): -0.03
• Shares Outstanding: 122,829,315
• 10 Day Avg. Volume: 107,061
• 30 Day Avg. Volume: 135,959
• PEG Ratio: -0.83
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -421.05
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: ―

Basin Energy Limited's overall score is impacted by its financial performance, characterized by a strong equity base but challenged by ongoing operational losses and negative cash flow. The technical analysis suggests a bearish outlook, with the stock trading below key moving averages. Valuation metrics are weak, with a negative P/E ratio indicating current unprofitability. The lack of earnings call data and corporate events means these aspects do not influence the score.

Basin Energy Limited Business Overview & Revenue Model

Company Description

Basin Energy Limited (BSN) is a company engaged in the energy sector, focusing on the exploration, development, and production of energy resources. The company operates in various segments of the energy industry, striving to provide sustainable and efficient energy solutions.

How the Company Makes Money

Basin Energy Limited generates revenue primarily through the exploration and production of energy resources, such as oil and natural gas. The company sells these commodities to various markets, including domestic and international buyers. Key revenue streams include the sale of crude oil, natural gas, and related products. The company may also engage in strategic partnerships and joint ventures to expand its operational capabilities and access new markets, enhancing its revenue potential.

Basin Energy Limited Financial Statement Overview

Summary

Basin Energy Limited is financially stable due to its zero-debt status and strong equity base. However, the lack of revenue generation and continuous operational losses are significant concerns. The cash flow situation is challenging, with negative free cash flow and a reliance on external financing.

Income Statement

Basin Energy Limited has not generated any revenue over the past periods, reflecting a lack of sales activity. The company has consistently reported negative EBIT and net income, indicating ongoing operational losses. The absence of revenue growth signals challenges in achieving market penetration or product sales.

Balance Sheet

The company exhibits a strong equity position with zero debt, suggesting financial stability and low leverage risk. The equity ratio is high, indicating that most of the company's assets are financed by equity. However, the lack of revenue generation could undermine long-term sustainability if not addressed.

Cash Flow

Basin Energy Limited has negative operating and free cash flows, highlighting cash burn challenges. The company relies heavily on financing activities to maintain liquidity. The absence of free cash flow growth further indicates a need for improved cash management strategies.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022
Income Statement		Total Revenue
0.00	0.00	0.00	0.00
	Gross Profit
0.00	―	―	0.00
	EBIT
-1.42M	-1.33M	-1.46M	-552.23K
	EBITDA
-1.42M	-1.33M	-1.46M	0.00
	Net Income Common Stockholders
-2.90M	-2.76M	-1.35M	-552.15K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.49M	2.48M	5.21M	8.89M
	Total Assets
11.31M	11.97M	11.34M	12.15M
	Total Debt
0.00	0.00	0.00	0.00
	Net Debt
-1.49M	-2.48M	-5.21M	-8.89M
	Total Liabilities
144.22K	132.85K	109.38K	101.00K
	Stockholders Equity
11.17M	11.84M	11.23M	12.05M
Cash Flow		Free Cash Flow
―	-5.56M	-3.94M	-197.13K
	Operating Cash Flow
―	-1.14M	-1.08M	-197.13K
	Investing Cash Flow
―	-4.71M	-2.86M	0.00
	Financing Cash Flow
3.12M	3.12M	8.43M	920.00K

Basin Energy Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BSN, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 62.90 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BSN.

Basin Energy Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	$7.06B	3.04	-3.49%	5.80%	0.53%	-50.39%
AGE	51 Neutral	AU$116.21M	―	-5.22%	―	―	―
LOT	48 Neutral	AU$438.40M	―	-15.51%	―	―	-129.85%
PDN	45 Neutral	$2.30B	28.42	-1.76%	―	―	-119.85%
DYL	45 Neutral	$1.21B	―	-1.42%	―	-97.09%	49.32%
BMN	43 Neutral	$506.12M	―	-4.30%	―	―	22.46%
BSN	41 Neutral		―	-26.29%	―	―	-120.63%

Basin Energy Limited Corporate Events

Basin Energy Expands Scandinavian and Canadian Uranium Portfolios

Basin Energy Limited has completed the acquisition of a 100% interest in a uranium and green energy metals exploration portfolio in Sweden and Finland, marking a significant expansion in its asset base. The company has reported promising early exploration results, including high-grade mineralization in Sweden, and has expanded its landholding in the Swedish Arvidsjaur-Arjeplog uranium district. Additionally, Basin Energy has expanded its Canadian uranium portfolio by staking new claims in the Athabasca Basin, positioning itself to benefit from the potential lifting of the uranium mining ban in Sweden and advancing its exploration programs.

Basin Energy Reports Quarterly Cash Flow with Strategic Investments

Basin Energy Limited’s latest quarterly cash flow report reveals a net cash outflow from operating activities amounting to $262,000 for the current quarter, primarily due to exploration and evaluation expenses and administrative costs. Despite this, the company managed a positive cash flow from investing activities, reporting a net inflow of $130,000, which indicates a strategic allocation of resources towards potential future growth.

Basin Energy Director Increases Shareholding

Basin Energy Limited announced a change in the director’s interest, with Andrew Moorhouse acquiring an additional 325,000 fully paid ordinary shares through an on-market purchase. This acquisition increases Moorhouse’s total holdings to 749,725 shares, alongside existing options and performance rights, reflecting a strategic investment move that may influence the company’s governance and shareholder dynamics.

Basin Energy Director Increases Shareholding

Basin Energy Limited announced a change in the director’s interest, specifically regarding the acquisition of additional ordinary shares by Director Andrew Moorhouse. The director acquired 75,000 ordinary shares through an on-market purchase, increasing his total holdings to 424,725 shares. This move reflects a potential increase in confidence or strategic positioning by the director, which could influence stakeholder perceptions and market dynamics.

Basin Energy Unveils Promising Assay Results from Swedish Projects

Basin Energy Limited announced positive rock chip assay results from its Prästrun and Håkantorp projects in Sweden, highlighting the presence of strategically important minerals like niobium, uranium, and tantalum. These findings underscore the potential of these sites as strategic assets in the growing global demand for critical minerals, positioning Basin Energy favorably within the industry. The company plans to integrate these results into its exploration model and continue fieldwork to further assess the mineral-rich systems’ potential.

Basin Energy Unveils High-Grade Mineralisation at Virka Project

Basin Energy Limited announced promising results from its Virka Project in Northern Sweden, revealing high-grade zinc-lead mineralisation and uranium potential. The discovery of two distinct mineralisation systems indicates significant exploration potential, with ongoing structural logging and sampling aimed at understanding the geological framework. This development positions Basin Energy as a key player in the region’s mining sector, potentially impacting its operational strategy and stakeholder interests.

Basin Energy Limited Announces Change in Substantial Shareholders

Basin Energy Limited announced a significant change in its shareholder structure as key stakeholders have ceased to be substantial holders. The change, resulting from the conclusion of associations following a general meeting, reflects a shift in the company’s governance, which could impact its strategic direction and stakeholder relationships.

Basin Energy Identifies High-Grade Uranium in Swedish Projects

Basin Energy Limited has announced promising results from its reconnaissance mapping program in Sweden, identifying high-grade uranium mineralisation across its Björkberget, Rävaberget, and Trollberget projects. The findings include significant uranium, lead, and rare earth elements, suggesting a robust mineralised system with high potential for further exploration. These results underscore the strategic importance of the company’s projects and could enhance its position within the green energy metals market.