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Santana Minerals Ltd.
(Sydney:SMI)
Santana Minerals Ltd. (SMI) vs. S&P 500 (SPY)
Santana Minerals Ltd. Business Overview & Revenue Model
Santana Minerals Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -12.66K | ― | ― | -12.08K | ― | EBIT |
| -2.88M | ― | ― | -1.26M | -1.39M | EBITDA |
| -2.54M | -6.84M | -997.83K | -1.21M | -1.33M | Net Income Common Stockholders |
| -2.59M | ― | ― | -6.35M | -1.47M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 33.07M | 17.21K | ― | 3.93M | 830.96K | Total Assets |
| 69.78M | 39.99K | 19.92K | 17.14M | 8.81M | Total Debt |
| 52.85K | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -33.02M | -17.21K | ― | -3.93M | -830.96K | Total Liabilities |
| 1.93M | ― | ― | 391.31K | 280.43K | Stockholders Equity |
| 67.85M | 39.00K | 19.27K | 16.75M | 8.53M |
| Cash Flow | Free Cash Flow | |||
| -15.21M | ― | ― | -3.93M | -2.99M | Operating Cash Flow |
| -1.53M | ― | ― | -1.72M | -1.29M | Investing Cash Flow |
| -13.68M | ― | ― | -2.21M | -1.91M | Financing Cash Flow |
| 31.07M | 25.50K | ― | 7.03M | 3.83M |
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 |
|---|---|---|---|---|---|---|---|
82 Outperform | $3.26B | 8.58 | 26.42% | 3.19% | 54.37% | 310.22% | |
78 Outperform | $28.52B | 23.29 | 11.01% | 2.57% | 25.11% | 28.88% | |
76 Outperform | $3.57B | 24.66 | 13.42% | 0.63% | 11.93% | 22.74% | |
75 Outperform | $16.97B | 23.37 | 16.97% | 1.50% | 60.56% | 302.20% | |
66 Neutral | €272.83M | 21.55 | 5.19% | 4.20% | 31.71% | 78.64% | |
49 Neutral | $1.96B | -1.23 | -21.20% | 3.72% | 0.95% | -28.96% | |
45 Neutral | AU$404.72M | ― | -5.89% | ― | ― | 63.46% |
Santana Minerals Ltd. Corporate Events
Santana Minerals Ltd reported significant progress in the March quarter at its Bendigo-Ophir Gold Project (BOGP) in New Zealand. The company achieved key milestones in resource definition, mine design, and permitting, transitioning from planning to execution. Highlights include an updated Mineral Resource Estimate, reduced pre-strip requirements, and a Mining Permit Application. These developments enhance the project’s capital efficiency and support early production planning. The company’s inclusion in the S&P/ASX All Ordinaries Index and a cash inflow of ~A$36 million further strengthen its financial position, supporting its strategic direction and operational progress.
Santana Minerals Ltd. has announced updates to its Pre-feasibility Study (PFS) for the Bendigo-Ophir Gold Project, emphasizing a refined approach to pit staging at the Rise and Shine (RAS) deposit. The revised strategy aims to reduce the pre-strip volume significantly, lowering the capital burden and enhancing cash flow sustainability. This adjustment is expected to improve the project’s economic viability, especially given the recent rise in the Australian dollar gold price, which strengthens the project’s financial prospects. The company plans to release a comprehensive PFS Update in the coming quarter, which may alter the current mining strategy.
Santana Minerals Ltd has announced new assay results from infill drilling at the southern section of the Rise and Shine (RAS) South orebody, revealing significant new gold mineralization beneath the previously defined open pit shell. These results suggest potential for closer-to-surface mineralization and higher-grade lenses at depth, which could enhance the company’s mining strategy and reduce pre-stripping requirements. The new findings contribute to increased confidence in the early mine schedule and may impact the company’s operations by expanding the economic mineralization beyond current models, potentially offering new opportunities for stakeholders.
Santana Minerals Ltd announced a delay in the submission of its application under the Fast-track Approvals Act due to late delivery of key consultant reports. Despite the delay, the company remains committed to its Bendigo Ophir Gold Project and aims to complete the submission by June 30, 2025, ensuring a comprehensive and detailed application.
Santana Minerals Ltd has lodged a Mining Permit Application with New Zealand Petroleum & Minerals for its Bendigo-Ophir Gold Project, marking a significant step towards transitioning from exploration to mining. This move is part of the company’s strategy to commence gold production by the end of 2026, pending the acquisition of necessary Resource Consents under the Fast-track Approvals Act, which prioritizes economic benefits and expedites the consenting process.
Santana Minerals Ltd. announced a change in the director’s interest, with Director Emma Scotney acquiring 200,000 ordinary shares through an on-market trade. This acquisition, valued at $112,791, reflects a strategic move that could impact the company’s governance and shareholder alignment, potentially influencing its market positioning and stakeholder interests.
Santana Minerals Ltd announced the issuance of 1,200,000 fully paid ordinary shares following the exercise of options at $0.3125 per share. This move indicates the company’s compliance with relevant corporate regulations and reflects its ongoing efforts to enhance shareholder value and strengthen its market position.
Santana Minerals Ltd. has released its half-year report for December 2024, detailing its financial performance and position. The report includes consolidated interim statements of profit or loss, comprehensive income, financial position, changes in equity, and cash flows, along with notes to the financial statements and auditor’s review. This report provides stakeholders with insights into the company’s financial health and operational efficiency, which are crucial for assessing its market positioning and future prospects.
Santana Minerals Ltd. has released a corporate presentation detailing the Bendigo-Ophir Project, which is anticipated to be one of the newest and lowest-cost gold mines in Australasia. The company is seeking financing of approximately A$340 million to achieve the outcomes anticipated in its Prefeasibility Study. While there are reasonable grounds for the assumptions made regarding funding availability, there is no guarantee of securing the necessary financing, which could affect the value of current shares. Additionally, the project includes a mix of Indicated and Inferred Resources, with some uncertainty regarding the realization of production targets.
Santana Minerals Limited has announced the issuance of 1,200,000 new ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its market presence and provide additional liquidity to its stakeholders, potentially impacting its financial operations and investor relations positively.
Santana Minerals Limited announced the expiration of its unlisted options convertible at $0.36 as of February 28, 2025, with approximately 5.3 million options not exercised. The company successfully raised around $36.4 million from exercised options, resulting in an estimated cash on hand of $56 million at the end of February 2025, indicating a strong financial position.
Santana Minerals Limited has announced a change in the director’s interest, specifically involving Peter Cook. The change involves the exercise of options, resulting in an increase in the number of ordinary shares held by Ajava Holdings Pty Ltd, a company associated with the director. This adjustment reflects the company’s ongoing management of its securities and may have implications for its market positioning and stakeholder interests.
Santana Minerals Ltd. has announced the issuance of 18,820,660 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) as of March 4, 2025. This move is part of the company’s strategy to capitalize on exercised options and convertible securities, potentially strengthening its financial position and offering increased liquidity for stakeholders.
Santana Minerals Ltd. announced a change in the director’s interest notice, specifically regarding Frederick James Leslie Bunting’s securities. The director exercised options increasing his holding to 48,165,344 fully paid ordinary shares, reflecting a strategic move to consolidate and enhance his stake in the company.
Santana Minerals Ltd. has announced a change in the director’s interest notice related to Damian Spring, who has exercised options to acquire additional fully paid ordinary shares. This change, effective from February 24, 2025, results in an increase of Damian Spring’s holdings in the company. The exercise of these options reflects the director’s confidence in the company’s future prospects and may positively influence stakeholder perception.
Santana Minerals Limited announced its application for the quotation of 27,506,016 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move signifies a strategic effort by Santana Minerals to enhance its capital base and strengthen its market position, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
Santana Minerals Ltd. has announced a change in the director’s interest notice, specifically regarding Samuel Smith. He acquired 2,622 fully paid ordinary shares through the exercise of options, which resulted in the disposal of an equal number of bonus options. This change reflects an increase in Smith’s direct shareholding, potentially aligning his interests more closely with the company’s performance. This development is crucial for stakeholders as it indicates an increased commitment from the director, which may positively impact the company’s governance and strategic direction.
Santana Minerals Limited has announced the quotation of 11,014,434 new securities on the Australian Securities Exchange (ASX), which took effect on February 17, 2025. This move is a result of the exercise of options or conversion of other convertible securities, potentially impacting the company’s market presence and offering opportunities for stakeholders by enhancing liquidity.
Santana Minerals Limited has announced the quotation of 4,637,347 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move, resulting from the exercise of options or conversion of convertible securities, may enhance the company’s liquidity and provide additional capital for its operations and strategic goals.
Santana Minerals Ltd. has announced that its Bendigo-Ophir project in New Zealand represents a significant gold discovery, potentially becoming one of the lowest-cost gold producers in Australasia. The company is on track to move from discovery to production in five years, aided by New Zealand’s new Fast-track Approvals Law, but requires financing of approximately A$340 million to achieve its production targets.