Top Page
Santana Minerals Ltd.
(Sydney:SMI)
Santana Minerals Ltd. (SMI) vs. iShares MSCI Australia ETF (EWA)
Santana Minerals Ltd. Business Overview & Revenue Model
Santana Minerals Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -115.87K | -12.66K | -406.00 | -469.00 | -12.08K |
| EBITDA | -4.71K | -4.71M | -2.54M | -6.84M | -990.69K | -1.21M |
| Net Income | -1.69K | -1.69M | -2.59M | -6.87M | -1.04M | -6.35M |
Balance Sheet | ||||||
| Total Assets | 106.40M | 106.40M | 69.78M | 39.99M | 19.92M | 17.14M |
| Cash, Cash Equivalents and Short-Term Investments | 50.45M | 50.45M | 33.07M | 17.21M | 2.45M | 3.93M |
| Total Debt | 199.19K | 199.19K | 52.85K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.80M | 3.80M | 1.93M | 987.04K | 642.62K | 391.31K |
| Stockholders Equity | 102.60M | 102.60M | 67.85M | 39.00M | 19.28M | 16.75M |
Cash Flow | ||||||
| Free Cash Flow | -18.99K | -18.99M | -15.21M | -10.74K | -5.19K | -3.93M |
| Operating Cash Flow | -2.73K | -2.73M | -1.53M | -1.22K | -1.04K | -1.72M |
| Investing Cash Flow | -16.08M | -16.08M | -13.68M | -9.52K | -4.15M | -2.21M |
| Financing Cash Flow | 36.18M | 36.18M | 31.07M | 25.50M | 3.71M | 7.03M |
Santana Minerals Ltd. Technical Analysis
Santana Minerals Ltd. 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% | |
56 Neutral | AU$912.07M | -403.70 | -1.99% | ― | ― | 42.55% | |
53 Neutral | AU$727.26M | -23.22 | -90.88% | ― | ― | ― | |
51 Neutral | AU$434.73M | 950.00 | 0.41% | ― | ― | ― | |
51 Neutral | AU$829.96M | -8.33 | -8.58% | ― | 28.45% | 79.93% | |
51 Neutral | AU$506.82M | -78.87 | -6.04% | ― | ― | -76.36% | |
50 Neutral | AU$617.21M | -11.36 | -150.61% | ― | ― | -186.15% |
Santana Minerals Ltd. Corporate Events
Santana Minerals reported strong progress in advancing its Bendigo-Ophir Gold Project toward construction targeted for mid-2026, securing a 30-year mining permit over the Rise & Shine and satellite deposits, completing and gaining acceptance of its fast-track approvals application with New Zealand’s Environmental Protection Authority, consolidating key freehold land, and pushing ahead with early site works, operational readiness, and project finance preparations while maintaining A$85 million in cash and no debt. High-grade drill results at the RAS North Honeypot zone and a major step-out intercept extending mineralisation down plunge, combined with a sharp rise in the gold price that lifts the project’s estimated after-tax NPV6.5 to A$2.77 billion and materially improves returns, underscore the project’s growing scale, economic robustness and strategic significance as one of New Zealand’s most advanced undeveloped gold assets, with implications for accelerated development and enhanced value for stakeholders.
The most recent analyst rating on (AU:SMI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals has issued 1,200,000 fully paid ordinary shares following the exercise of employee share options and has lodged a cleansing notice under section 708A(5) of the Corporations Act to confirm the shares were issued without a prospectus. The company states it is compliant with its continuous disclosure and financial reporting obligations and that there is no excluded information requiring disclosure, ensuring the new shares can be traded freely and signalling orderly governance around its capital management and employee incentive structures.
The most recent analyst rating on (AU:SMI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has applied to the ASX for quotation of 1.2 million new ordinary fully paid shares, with an issue date of 14 January 2026. The additional securities, arising from the exercise or conversion of existing instruments, will expand the company’s quoted share capital and may modestly enhance liquidity for investors while reflecting ongoing utilisation of equity-linked incentives or funding arrangements.
The most recent analyst rating on (AU:SMI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals has reported a significant step-out drilling result at its Rise and Shine (RAS) deposit, with hole MDD490 intersecting 38.6 metres at 1.70 grams per tonne gold, including a higher-grade 13.6-metre zone at 2.42 grams per tonne. The hole, located about 135 metres north of previous drilling and roughly 465 metres beyond the area underpinning the current mineral resource estimate, encountered the thickest zone of silicified breccia yet seen at the project and confirms that the mineralised system continues down-plunge to about 2.15 kilometres, indicating potential for substantial extensions to the orebody and a higher-grade core of interest for underground mining; in parallel, the company has applied for additional exploration tenure north of its existing permit, underscoring the potential to increase scale and extend the life of the planned mining operation.
The most recent analyst rating on (AU:SMI) stock is a Hold with a A$0.94 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals has announced a change in the ownership structure of its director Samuel Smith’s interests. Smith exercised his unlisted options, resulting in the acquisition of 1,200,000 fully paid ordinary shares worth $375,000, while relinquishing 1,200,000 unlisted options. The adjustment underscores Santana Minerals’ commitment to aligning leadership interests with the company’s equity, reflecting positively on its governance practices.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has issued 1,200,000 fully paid ordinary shares following the exercise of employee share options, as disclosed in a notice submitted under section 708A(5) of the Corporations Act. This update indicates compliance with relevant regulatory provisions, enhancing shareholder trust and signaling the company’s commitment to transparent operations.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd., a publicly listed entity on the ASX, has announced the issuance of 1,200,000 fully paid ordinary shares, which were quoted on December 16, 2025, as part of the exercise of options or conversion of convertible securities. This development underscores the company’s commitment to bolstering its capital structure and could enhance its operational capacity and market positioning, providing potential value for stakeholders.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd. announced a change in the director’s interest, involving the acquisition and disposal of various securities, including fully paid ordinary shares, options, and performance rights. This adjustment in the director’s holdings reflects strategic financial maneuvers that may influence the company’s stock performance and stakeholder interests.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd. announced a change in the director’s interest, specifically regarding Samuel Smith’s performance rights. The update includes the acquisition of additional performance rights, which were issued as approved by shareholders, potentially impacting the company’s governance and stakeholder interests.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Limited has announced the issuance of 520,000 performance rights as part of an employee incentive scheme. These unquoted securities are not intended to be listed on the ASX, reflecting a strategic move to motivate and retain key personnel, potentially impacting the company’s operational efficiency and stakeholder engagement.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Limited announced the cessation of 318,720 performance rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus in the mining sector.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has issued a total of 3,018,720 fully paid ordinary shares, comprising 318,720 shares from the vesting of employee performance rights and 2,700,000 shares from the exercise of employee share options. This move is part of the company’s compliance with the Corporations Act 2001, and it reflects the company’s ongoing efforts to incentivize its workforce and potentially strengthen its market position.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd. announced the issuance of 3,018,720 fully paid ordinary securities, effective December 9, 2025. This move is part of the company’s strategic efforts to enhance its capital structure and potentially support its ongoing and future projects, impacting its operational capacity and market positioning.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd. has announced exceptional drilling results at the northern extents of the Rise & Shine (RAS) deposit, highlighting significant high-grade intercepts. The results confirm the continuation of the high-grade core (HG1 domain) and suggest potential for substantial underground mine-life extensions beyond the current plan. The standout result of 8.7 meters at 30.6g/t Au in hole MDD487 ranks among the top ten holes drilled at RAS, underscoring the strength of the HG1 domain. These findings extend the HG1 zone well beyond the current underground reserve, potentially increasing the mine’s operation size by 60%. Additionally, aggressive step-out drilling has extended the RAS orebody down-plunge by another 190 meters, demonstrating the strength and predictability of the geological model.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd announced that the Environmental Protection Authority (EPA) has accepted its application under the Fast-track Approvals Act for the Bendigo-Ophir Gold Project. This acceptance marks a significant procedural milestone, allowing the project to move into the assessment phase, with a decision expected in approximately six months. The company is preparing for the next steps, including planning for long-lead items and early works, with construction anticipated to begin in mid-2026, subject to a positive outcome.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has requested a trading halt on its securities pending an announcement regarding its Fast-track Application for the Bendigo-Ophir Gold Project. The trading halt is expected to remain until the company releases the announcement or normal trading resumes on November 25, 2025. This move could have implications for the company’s operations and market positioning, particularly in the context of its gold exploration activities in New Zealand.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd announced the successful outcomes of its Annual General Meeting, where all proposed resolutions were passed by a poll. Key resolutions included the re-election of a director, ratification of share placements, and approval of an employee incentive plan, which are expected to positively impact the company’s governance and operational strategies.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd announced significant progress in its Bendigo-Ophir Gold Project, driven by favorable gold prices and supportive New Zealand legislation. The company’s efforts have led to a successful application for development consents under the Fast Track Approvals Act, positioning the project as a major economic contributor. With improved project economics and strategic land acquisitions, Santana aims to reduce operating costs and enhance shareholder value, marking a pivotal step in its growth trajectory.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has been granted a 30-year mining permit for its Bendigo-Ophir Gold Project in Central Otago, New Zealand, by New Zealand Petroleum & Minerals. This extension from the initially anticipated 25-year period signifies a positive development for the company, potentially enhancing its long-term operational stability and strengthening its position in the gold mining sector.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has been granted a 25-year mining permit by New Zealand Petroleum & Minerals for its Bendigo-Ophir Gold Project, marking a significant step towards the project’s development. This permit allows the company to extract and process gold, with expectations of substantial economic benefits for the region, including job creation and increased royalties for the New Zealand government.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.
Santana Minerals Ltd has made significant strides in the first quarter of the 2025/2026 financial year, particularly with its Bendigo-Ophir Gold Project. Key achievements include an updated Pre-Feasibility Study showing strong financial metrics and reduced capital requirements, securing land ownership for project infrastructure, and raising A$60 million to support land purchases and construction. The company also lodged a consent application under the Fast-track Approvals Act, marking a major milestone in the project’s development. These developments enhance the company’s operational capabilities and market positioning, potentially increasing value for stakeholders.
The most recent analyst rating on (AU:SMI) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Santana Minerals Ltd. stock, see the AU:SMI Stock Forecast page.