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St. Barbara Ltd. (AU:SBM)
ASX:SBM

St. Barbara (SBM) AI Stock Analysis

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AU:SBM

St. Barbara

(Sydney:SBM)

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Neutral 44 (OpenAI - 4o)
Rating:44Neutral
Price Target:
AU$0.50
▼(-13.79% Downside)
St. Barbara's overall stock score is primarily impacted by its weak financial performance and valuation. The company faces significant financial challenges, with ongoing losses and declining profitability. Technical analysis suggests some potential for recovery in the long term, but short-term trends remain bearish. The lack of earnings call data and corporate events further limits the stock's attractiveness.
Positive Factors
Low Leverage Position
A low leverage position indicates financial prudence, providing the company with flexibility to manage financial obligations and invest in growth opportunities without excessive debt burden.
Exploration Activities
Investment in exploration can lead to the discovery of new gold deposits, potentially increasing production capacity and future revenue streams, supporting long-term growth.
Gold Industry Opportunities
The gold industry offers opportunities for recovery, as demand for gold can rise due to economic and geopolitical factors, potentially boosting revenue and profitability.
Negative Factors
Negative Cash Flow
Negative free cash flow suggests challenges in sustaining operations and funding growth without external financing, which can strain financial resources over time.
Declining Profitability
Declining profitability and negative margins indicate cost inefficiencies and competitive pressures, which can hinder long-term financial health and shareholder value.
Revenue Growth Challenges
Inconsistent revenue growth reflects challenges in market positioning and demand, potentially affecting the company's ability to scale and compete effectively in the industry.

St. Barbara (SBM) vs. iShares MSCI Australia ETF (EWA)

St. Barbara Business Overview & Revenue Model

Company DescriptionSt. Barbara (SBM) is a mining and exploration company focused on gold production and exploration. Headquartered in Australia, SBM operates several mining projects and is engaged in the development of mineral resources in various regions. The company primarily targets gold, leveraging advanced technology and sustainable practices to enhance productivity and minimize environmental impact.
How the Company Makes MoneySt. Barbara generates revenue primarily through the sale of gold and its by-products from its mining operations. The company operates several mines, including those in Australia and Canada, where it extracts gold and processes it into marketable products. Revenue is significantly influenced by gold prices, which fluctuate based on market demand, geopolitical factors, and economic conditions. Additionally, SBM may explore strategic partnerships with other mining companies or enter joint ventures to expand its resource base and reduce operational costs. The company also invests in exploration activities to discover new gold deposits, which can potentially lead to future revenue streams through increased production capacity.

St. Barbara Financial Statement Overview

Summary
St. Barbara faces significant financial challenges, with ongoing losses and declining profitability. Despite a low leverage position, the company's ability to generate returns and cash flow remains weak, necessitating strategic improvements.
Income Statement
35
Negative
St. Barbara's income statement reveals significant challenges, with persistent negative net income and declining margins over the years. The gross profit margin has been negative in recent years, indicating cost inefficiencies. Revenue growth has been inconsistent, with a slight increase in the latest year but overall declining trends. The company has struggled to maintain profitability, as reflected in negative EBIT and EBITDA margins.
Balance Sheet
45
Neutral
The balance sheet shows a relatively low debt-to-equity ratio, suggesting conservative leverage. However, the company's return on equity has been negative, indicating inefficiencies in generating returns on shareholders' equity. The equity ratio remains stable, but the overall financial health is weakened by persistent losses.
Cash Flow
40
Negative
Cash flow analysis indicates negative free cash flow in recent years, although there has been some growth in free cash flow recently. The operating cash flow to net income ratio is negative, reflecting challenges in converting income into cash. The free cash flow to net income ratio is positive, suggesting some ability to generate cash despite net losses.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue215.52M215.52M197.72M323.85M201.27M740.25M
Gross Profit-26.23M-12.87M-17.92M58.39M-70.81M153.94M
EBITDA-36.85M-38.69M-26.08M-477.91M-90.01M-62.80M
Net Income-93.78M-93.78M-53.91M-429.20M-160.82M-176.60M
Balance Sheet
Total Assets580.26M580.26M568.63M917.91M1.60B1.64B
Cash, Cash Equivalents and Short-Term Investments67.44M67.44M145.87M293.94M98.51M133.37M
Total Debt5.32M5.32M7.53M12.88M171.64M109.25M
Total Liabilities206.22M206.22M219.34M524.46M489.67M522.09M
Stockholders Equity374.05M374.05M349.29M393.45M1.11B1.11B
Cash Flow
Free Cash Flow-128.63M-153.69M-90.25M-33.80M-51.14M93.67M
Operating Cash Flow-81.08M-81.08M-57.41M51.90M87.66M227.10M
Investing Cash Flow-48.93M-48.93M-36.14M285.89M-170.01M-199.26M
Financing Cash Flow46.78M46.78M-3.54M-197.94M38.43M-293.78M

St. Barbara Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.58
Price Trends
50DMA
0.54
Positive
100DMA
0.49
Positive
200DMA
0.39
Positive
Market Momentum
MACD
<0.01
Negative
RSI
62.22
Neutral
STOCH
90.37
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SBM, the sentiment is Positive. The current price of 0.58 is above the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.54, and above the 200-day MA of 0.39, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 62.22 is Neutral, neither overbought nor oversold. The STOCH value of 90.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:SBM.

St. Barbara Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$1.72B23.359.84%51.66%86.35%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
48
Neutral
AU$795.39M-140.00-4.97%16.67%
44
Neutral
AU$707.73M-5.93-15.01%-3.61%-49.39%
38
Underperform
AU$737.78M-133.33-9.13%-5.41%
36
Underperform
AU$766.59M-50.00-183.07%70.81%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SBM
St. Barbara
0.61
0.39
175.00%
AU:ALK
Alkane Resources Ltd
1.30
0.79
152.43%
AU:MEK
Meeka Gold Limited
0.28
0.20
257.14%
AU:TCG
Turaco Gold Ltd
0.86
0.59
218.52%
AU:WIA
WIA Gold Limited
0.52
0.40
333.33%
AU:DTR
Dateline Resources Limited
0.23
0.22
2200.00%

St. Barbara Corporate Events

St Barbara Limited Successfully Concludes 2025 AGM with All Resolutions Passed
Nov 20, 2025

St Barbara Limited held its Annual General Meeting on 20 November 2025, where all resolutions proposed to shareholders were successfully passed. The meeting saw participation through proxies representing approximately 51% of the company’s total issued capital, indicating a significant level of shareholder engagement. This outcome reflects positively on the company’s governance and may influence its strategic direction and stakeholder relations.

St. Barbara Limited Advances Key Projects Amid Improved Permitting and Safety Performance
Nov 20, 2025

St. Barbara Limited’s 2025 Annual General Meeting highlighted significant progress in its major projects, particularly the Simberi Expansion Project and the 15-Mile Processing Hub. The company is evaluating strategic alternatives for the Simberi project due to unsolicited interest, while improved permitting and government support in Nova Scotia bolster the 15-Mile Processing Hub’s development. Safety improvements were also noted, with a significant reduction in the Total Recordable Injury Frequency Rate. The company is focused on strategic and funding options to maximize shareholder value.

St. Barbara Advances Simberi Expansion Amid Operational Improvements
Oct 29, 2025

St. Barbara has made significant progress in its Simberi Expansion Project, with the feasibility study on track for completion in Q2 FY26. The company has invested A$16 million in early works, including camp expansion and procurement of a ball mill. Additionally, the Papua New Guinea Mining Advisory Committee has recommended extending the Simberi Mining Lease until 2038. In Nova Scotia, the company is exploring reopening the Touquoy mine due to improved permitting processes. Operationally, St. Barbara reported a decrease in safety incidents and a cash flow contribution of A$14 million for Q1 FY26. Financially, the company completed a A$58 million capital raise to support growth capital needs.

St Barbara Limited Submits 2025 Corporate Governance Statement
Oct 15, 2025

St Barbara Limited has submitted its 2025 Appendix 4G and Corporate Governance Statement, affirming its adherence to the ASX Corporate Governance Council’s Principles and Recommendations. This submission underscores the company’s commitment to transparency and accountability, potentially enhancing its reputation and trust among investors and stakeholders.

St Barbara Limited Releases 2025 Annual Report
Oct 15, 2025

St Barbara Limited has released its 2025 Annual Report, which has been distributed to shareholders and is available on the company’s website. This report is intended to complement the Corporate Governance Statement also released today. The publication of the Annual Report is a significant event for stakeholders, providing insights into the company’s financial health and strategic direction.

St Barbara Limited Announces 2025 Annual General Meeting
Oct 15, 2025

St Barbara Limited has announced its 2025 Annual General Meeting, scheduled to take place in person on November 20, 2025, at The Parmelia Hilton in Perth, Western Australia. The company has also released its Annual Report and Corporate Governance Statement, which are available on its website. Shareholders are encouraged to vote online and submit questions prior to the meeting, with presentations from the Chair and Managing Director to be made available on the day of the meeting.

St. Barbara Limited Announces Cessation of Performance Rights
Oct 14, 2025

St. Barbara Limited announced the cessation of 250,079 performance rights due to the conditions for these securities not being met or becoming incapable of being satisfied. This development may affect the company’s capital structure and could have implications for its stakeholders, as it reflects on the company’s operational performance and strategic execution.

St Barbara Limited Completes A$58 Million Institutional Placement
Oct 12, 2025

St Barbara Limited has successfully completed an institutional placement, raising A$58 million from both new and existing Australian and international investors. The funds will be used for the expansion and conversion of Simberi’s mobile fleet, finalizing the Simberi Expansion Feasibility Study, advancing pre-expansion growth capital items, and completing the pre-feasibility study on the 15-Mile Processing Hub, which are expected to strengthen the company’s operational capabilities and market position.

St Barbara Completes Institutional Placement of Shares
Oct 12, 2025

St Barbara Limited has successfully completed an institutional placement, issuing 126,086,957 fully paid ordinary shares at $0.46 per share to professional and sophisticated investors. This move is part of the company’s strategic financial activities, potentially impacting its market positioning by enhancing capital resources without requiring disclosure under Part 6D.2 of the Corporations Act.

St. Barbara Limited Announces New Securities Issuance
Oct 12, 2025

St. Barbara Limited has announced the issuance of 126,086,957 fully paid ordinary securities, which will be quoted on the ASX as of October 13, 2025. This issuance is part of previously announced transactions, indicating a strategic move to potentially enhance the company’s capital structure and market presence.

St. Barbara Limited Announces Proposed Securities Issue
Oct 7, 2025

St. Barbara Limited has announced a proposed issue of 126,086,957 ordinary fully paid securities, with the issuance date set for October 13, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX, potentially impacting its market positioning and offering new opportunities for stakeholders.

St Barbara Limited Announces A$58 Million Capital Raising
Oct 7, 2025

St Barbara Limited, a company listed on the Australian Securities Exchange (ASX) under the ticker SBM, has announced a capital raising initiative through a placement of new fully paid ordinary shares valued at approximately A$58.0 million. This move is aimed at strengthening the company’s financial position, although the presentation does not constitute a formal offer or recommendation for investment. The company emphasizes that the information provided is for informational purposes only and should not be considered as financial advice.

St Barbara Limited Initiates Trading Halt for Capital Raising Announcement
Oct 3, 2025

St Barbara Limited has requested a trading halt on its securities pending an announcement related to a proposed capital raising. The halt will remain until the company releases the announcement or until normal trading resumes on October 7, 2025. This move indicates a strategic financial maneuver that could impact the company’s market position and stakeholder interests.

St Barbara Issues Correction to FY26 Production and Cost Guidance
Oct 1, 2025

St Barbara Limited issued a correction to its recent ASX announcement regarding its FY26 production and cost guidance. The correction pertains to the footnote on page 1, specifying the cost guidance range of US$2,600 to US$2,860 per ounce at an AUD/USD exchange rate of 0.65. This correction is crucial for stakeholders to accurately assess the company’s financial outlook and operational planning for the upcoming fiscal year.

St Barbara Projects Increased Gold Output for FY26 Amid Pending Decisions
Sep 30, 2025

St Barbara Limited has released its gold production and cost guidance for the 2026 financial year, projecting an increase in gold output from its Simberi Operations. The company anticipates a 21% year-on-year increase in production, supported by the arrival of new equipment. However, the final investment decisions for the Simberi Expansion Project are pending due to unresolved tax assessments and mining lease approvals. Additionally, the company has outlined its care and maintenance costs for the Touquoy site, with a significant reduction in reclamation expenses compared to the previous year.

St Barbara Advances in PNG Mining Lease and Tax Matters
Sep 15, 2025

St Barbara Limited has announced progress in its dealings with the Papua New Guinea government regarding the extension of its Simberi Mining Lease and a tax reassessment issue. The company confirmed that the Minister of Mining received the necessary documentation for the lease extension, which is recommended to be granted until 2038. Additionally, the PNG Internal Revenue Commission plans to issue a revised tax reassessment following previous objections by St Barbara. The resolution of these matters is crucial for the company’s future operations and the Simberi Expansion Project, as they impact financing and development timelines.

St Barbara Withdraws Appeal and Eyes Touquoy Mine Re-Opening
Sep 14, 2025

St Barbara Limited has announced the withdrawal of its Supreme Court appeal regarding the Touquoy Reclamation Industrial Approval, following improvements in the permitting environment in Nova Scotia. The company is investigating the re-opening of the Touquoy Mine to process approximately 3.1 million tonnes of low and medium grade stockpiles, which could enhance reclamation outcomes and leverage current gold prices. The re-opening is contingent on an amendment to the Industrial Approval, which will be prepared in collaboration with the newly formed Large Industrial File Team (LIFT) within the Nova Scotia Department of Environment and Climate Change.

St Barbara Limited Highlights Operations at Gold Forum Americas
Sep 14, 2025

St Barbara Limited presented at the Gold Forum Americas, where Managing Director & CEO Andrew Strelein shared insights into the company’s operations. The presentation highlighted the company’s focus on non-IFRS financial measures to provide a deeper understanding of its operations, although these measures may differ from those used by other companies. The company emphasized caution regarding forward-looking statements, noting the inherent risks and uncertainties in the gold mining sector.

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 12, 2025