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St. Barbara Ltd. (AU:SBM)
ASX:SBM
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St. Barbara (SBM) AI Stock Analysis

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AU:SBM

St. Barbara

(Sydney:SBM)

Rating:44Neutral
Price Target:
AU$0.50
▲(38.89% Upside)
St. Barbara Ltd.'s stock score is primarily impacted by its poor financial performance and challenging valuation. The technical analysis provides some support but is not strong enough to offset the financial and valuation concerns.

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

St. Barbara Business Overview & Revenue Model

Company DescriptionSt Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold. It operates three operational business units, including Leonora Operations, Simberi Operations, and Atlantic Operations. The company also explores for silver deposits. Its properties include the Gwalia underground mine located in Leonora, Western Australia; the Simberi gold mine located in New Ireland province, Papua New Guinea; and Atlantic Gold operations in Nova Scotia, Canada. St Barbara Limited was incorporated in 1986 and is based in Perth, Australia.
How the Company Makes MoneySt. Barbara makes money primarily through the extraction and sale of gold, its core product. The company's revenue model is centered around mining operations, where it explores for gold deposits, extracts the ore, processes it to produce gold, and then sells it at prevailing market prices. Key revenue streams include the sale of gold produced from its mining operations, as well as any additional income from by-products that may be extracted during the mining process. Factors contributing to its earnings include the global market price of gold, production costs, and the efficiency of its mining operations. Strategic partnerships with local and international stakeholders can also play a role in optimizing operations and expanding market reach.

St. Barbara Financial Statement Overview

Summary
St. Barbara Ltd. is facing significant financial challenges. The income statement shows ongoing losses, with negative gross and net profit margins and declining revenues. The balance sheet indicates a moderate financial position with low debt but decreasing equity, suggesting a weakening financial structure. Additionally, negative cash flows highlight liquidity challenges.
Income Statement
35
Negative
St. Barbara Ltd. has experienced a significant decline in revenue and profitability over recent years. The company's gross and net profit margins are negative, indicating losses. Revenue has decreased from previous years, and operating margins such as EBIT and EBITDA are also negative, reflecting operational inefficiencies. These trends suggest challenges in maintaining cost structures and market competitiveness.
Balance Sheet
55
Neutral
The balance sheet shows a moderate financial position with a relatively low debt-to-equity ratio, which suggests conservative leverage. However, the equity ratio has been declining, indicating a reduction in shareholder equity as a proportion of total assets. The company's ability to utilize equity efficiently, as seen in a low ROE, is a point of concern despite its low debt levels.
Cash Flow
40
Negative
St. Barbara Ltd. has faced declining free cash flow, with recent years showing negative figures, indicating cash outflows exceeding inflows. The operating cash flow is also negative, reflecting challenges in generating cash from operations. Despite this, the company had periods of positive operating cash flow, but the inconsistency poses a risk to financial stability.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue223.60M323.85M680.35M740.25M811.14M
Gross Profit-4.52M58.39M265.79M368.41M235.41M
EBITDA-42.06M-583.93M-90.01M-61.90M341.07M
Net Income-53.91M-429.20M-160.82M-176.60M128.23M
Balance Sheet
Total Assets568.63M917.91M1.60B1.64B2.18B
Cash, Cash Equivalents and Short-Term Investments145.87M293.94M98.51M133.37M411.54M
Total Debt7.53M12.88M171.64M109.25M331.77M
Total Liabilities219.34M524.46M489.67M522.09M826.04M
Stockholders Equity349.29M393.45M1.11B1.11B1.35B
Cash Flow
Free Cash Flow-90.25M-33.80M-51.14M93.67M145.18M
Operating Cash Flow-57.41M51.90M87.66M227.10M279.53M
Investing Cash Flow-36.14M285.89M-170.01M-199.26M-896.88M
Financing Cash Flow-3.54M-197.94M38.43M-293.78M147.37M

St. Barbara Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.36
Price Trends
50DMA
0.31
Positive
100DMA
0.29
Positive
200DMA
0.29
Positive
Market Momentum
MACD
0.01
Negative
RSI
66.81
Neutral
STOCH
89.68
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 0.36 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.31, and above the 200-day MA of 0.29, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 66.81 is Neutral, neither overbought nor oversold. The STOCH value of 89.68 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 (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
44
Neutral
$379.00M-15.72%
44
Neutral
C$925.83M-8.84-0.23%2.68%24.67%-41.39%
$741.34M28.465.86%
€227.58M-7.25%
€292.85M-40.25%
38
Underperform
AU$467.26M-8.92%-58.33%
36
Underperform
AU$639.84M-92.30%-100.00%65.31%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SBM
St. Barbara
0.36
0.11
44.90%
ALKEF
Alkane Resources Ltd
0.57
0.25
78.12%
DE:1KX0
Meeka Gold Limited
0.09
0.06
200.00%
DE:MN4A
Turaco Gold Ltd
0.25
0.11
78.57%
AU:WIA
WIA Gold Limited
0.32
0.22
220.00%
AU:DTR
Dateline Resources Limited
0.19
0.18
1800.00%

St. Barbara Corporate Events

St. Barbara Advances Simberi Expansion Amid Strong Financial Performance
Jul 29, 2025

St. Barbara has made significant progress on its Simberi Expansion Project, with the feasibility study on track for completion in Q2 FY26. The company is also working towards the renewal of its Simberi Mining Lease and has invested A$50 million in growth capital for FY25. Despite weather-related challenges, the company’s operating performance improved, with increased gold production and reduced injury rates. Financially, St. Barbara holds a strong position with A$186 million in cash, bullion, and investments, and no bank debt. The company is also addressing tax assessment issues with the PNG Internal Revenue Commission, which impacts funding arrangements for the expansion project.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.49 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Reduces Stake in Brightstar Resources
Jul 28, 2025

St Barbara Limited has announced that it ceased to be a substantial holder in Brightstar Resources Limited as of July 28, 2025. This change in substantial holding is due to Brightstar’s issuance of shares, which resulted in a decrease of St Barbara’s voting power by 26,427,449 ordinary shares. This development may impact St Barbara’s influence in Brightstar and could have implications for its strategic positioning and stakeholder interests.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.49 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Limited Reports Strong Q4 Gold Sales and Production
Jul 14, 2025

St Barbara Limited announced its preliminary results for the June 2025 quarter, reporting a 34% increase in gold sales to 15,564 ounces and a 4% rise in gold production to 14,620 ounces compared to the previous quarter. The company achieved its annual gold production guidance despite challenges from high rainfall affecting mining operations. Financially, St Barbara reported A$186 million in cash, bullion, and investments, maintaining a strong position with no bank debt or hedging.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.49 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Unveils Promising Gold Mineralisation at Simberi Operations
Jul 10, 2025

St Barbara Limited has announced the completion of its FY25 resource definition, exploration, and sterilisation drilling program at the Simberi Operations in Papua New Guinea, comprising 61 drill holes over 10,463.5 meters. The latest assay results reveal significant high-grade gold mineralisation below the Samat and Sorowar open pit sulphide Ore Reserves, indicating potential for additional high-grade sulphide resources. This development is expected to enhance the company’s resource base and strengthen its position in the gold mining sector.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Awaits Decision on Simberi Mining Lease Renewal
Jun 17, 2025

St Barbara Limited has announced that the Mining Advisory Council will consider its application for the early renewal of the Simberi Mining Lease at the June 2025 meeting. This step is crucial for the company as it aims to unlock the Sulphide Ore Reserves at Simberi and increase gold production to over 200,000 ounces annually. The renewal process has seen strong support from local stakeholders and government bodies, highlighting its importance to the company’s strategic goals.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Updates FY25 Production and Cost Guidance Amid Rainfall Disruptions
Jun 17, 2025

St Barbara Limited has updated its production and cost guidance for FY25, expecting gold production for the fourth quarter to be between 14,000 and 15,000 ounces. This update follows high rainfall events that disrupted operations at the Pigibo Central pit, causing a temporary loss of access and shifting some production into July. Despite these challenges, the company does not anticipate significant impacts on its cash and bullion balances, as it plans to utilize excess gold-in-circuit balances. The company remains free of bank debt and hedging, and while alternative stockpile sources are being used, they are of lower quality, affecting gold recoveries.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Limited Requests Trading Halt Amid Production Challenges
Jun 16, 2025

St Barbara Limited, a mining company, has requested a trading halt on its securities due to expected announcements regarding a reduction in production guidance for its Simberi operations. This halt is in response to high rainfall affecting ore production and will remain until the company releases further details or normal trading resumes.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Limited Acquires Substantial Stake in Geopacific Resources
Jun 9, 2025

St Barbara Limited has become a substantial holder in Geopacific Resources Limited, acquiring a 14.409% voting power through a transaction involving 458,565,351 fully paid ordinary shares. This acquisition was made via a Share Buy Back Agreement with Patronus Resources Limited and Patronus Invest Pty Ltd, indicating a strategic move to strengthen its position in the mining sector.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

Patronus Resources Announces Strategic Share Buyback and Asset Exchange with St Barbara
Jun 5, 2025

Patronus Resources has announced a selective buyback of 158,125,983 shares from St Barbara Limited, representing a 9.66% concentration of its share register. This move is part of a transaction where Patronus will transfer shares in Geopacific Resources to St Barbara, aligning with St Barbara’s strategy to enhance its portfolio value. The transaction is expected to benefit all parties involved, including shareholders of Patronus, Geopacific, and St Barbara, by removing market overhang and enhancing project exposure.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Swaps Patronus Shares for Geopacific Stake
Jun 5, 2025

St Barbara Limited has reached an agreement with Patronus Resources for a selective buyback of its 158.1 million shares, which will be exchanged for shares in Geopacific Resources. This move aligns with St Barbara’s strategy of active portfolio management and aims to leverage its expertise in the Simberi epithermal system to support Geopacific’s exploration efforts at the Woodlark Project. The transaction is subject to approval by Patronus shareholders and an independent expert report. If approved, St Barbara’s investment portfolio will include significant holdings in Geopacific, Brightstar Resources, and Peel Mining, enhancing its market positioning.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.39 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Extends Gold Exploration Targets in Papua New Guinea
Jun 5, 2025

St Barbara Limited has announced significant findings from its exploration program on Southwest Tatau Island, Papua New Guinea. The program revealed highly anomalous gold results from soil and rock chip sampling, extending the gold anomalies to an area of 7.3 km². This discovery suggests the presence of a large hydrothermal system, enhancing the exploration potential of the area. The company plans further exploration activities, including trenching and drilling, to capitalize on these promising results.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.39 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

Schroder Investment Management Ceases Substantial Holding in St Barbara Ltd
May 21, 2025

St Barbara Ltd has announced that Schroder Investment Management Australia Limited and its related bodies corporate have ceased to be substantial holders in the company as of May 19, 2025. This change involved the sale of 2,131,870 ordinary shares, valued at $620,864.50. The adjustment in holdings may impact the company’s shareholder composition and influence future voting outcomes.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

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: Jul 30, 2025