Brockman Mining Ltd. (0159) AI Stock Analysis

• Market Cap: €853.78M
• Dividend Yield: N/A
• Average Volume (3M): 52.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.33
• Revenue Growth: N/A
• EPS Growth: 39.02%
• Country: HK
• Employees: 14
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 9,280,232,000
• 10 Day Avg. Volume: 37,580
• 30 Day Avg. Volume: 52,480
• PEG Ratio: N/A
• Price to Book (P/B): 1.94
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -250.57
• 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: 36 Underperform
• Price Target: ―

Brockman Mining Ltd. struggles with severe financial instability, characterized by zero revenue and significant losses, which heavily impact its financial performance score. Upward technical momentum provides some positive outlook, but caution is advised due to overbought signals. The negative P/E ratio suggests overvaluation, further lowering the overall stock score.

Brockman Mining Ltd. Business Overview & Revenue Model

Company Description

Brockman Mining Limited, an investment holding company, engages in the acquisition, exploration, and development of iron ore mining projects in Australia. Its flagship project is the Marillana iron ore project that covers an area of 82 square kilometers located in the Pilbara region of Western Australia. The company also owns a 100% interest in the Ophthalmia iron ore project located in the East Pilbara region of Western Australia. The company was formerly known as Wah Nam International Holdings Limited and changed its name to Brockman Mining Limited in September 2012. Brockman Mining Limited is headquartered in Admiralty, Hong Kong.

How the Company Makes Money

Brockman Mining Ltd. generates revenue primarily through the exploration, development, and eventual sale of iron ore. The company's revenue model is reliant on successfully extracting and selling iron ore from its mining projects, particularly the Marillana Iron Ore Project. Key revenue streams include the direct sale of iron ore to international markets, particularly in Asia where demand is high. Additionally, Brockman Mining Ltd. may engage in partnerships or joint ventures with other mining companies to optimize resource extraction and expand its market reach. Factors contributing to its earnings include global iron ore prices, demand from major steel-producing countries, and efficient operational management of its mining assets.

Brockman Mining Ltd. Financial Statement Overview

Summary

Brockman Mining Ltd. faces significant financial challenges with no revenue and ongoing losses impacting profitability. The low debt-to-equity ratio is a positive, but declining equity and persistent negative cash flows highlight liquidity concerns.

Income Statement

Brockman Mining Ltd. has reported no revenue over the years, leading to no profit generation and consistent negative gross profit. The company is incurring significant operating losses, evidenced by negative EBIT and EBITDA margins, indicating severe profitability challenges and a lack of revenue generation.

Balance Sheet

The company's balance sheet shows a relatively low debt-to-equity ratio, which is a positive aspect. However, the continuous decline in stockholders' equity and high liabilities compared to assets indicate financial instability. The equity ratio suggests some level of solvency, but the overall financial health remains questionable.

Cash Flow

The cash flow statement highlights persistent negative free cash flow, which indicates challenges in sustaining operations without external financing. The operating cash flow is consistently negative, showing poor cash management, and the ratios of operating and free cash flow to net income further underscore liquidity issues.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-390.00K	-370.00K	-563.00K	-708.00K	-526.00K	-385.00K
	EBIT
24.28K	24.35M	-66.72M	-40.33M	-22.84M	-21.32M
	EBITDA
-25.93K	-12.30M	-65.94M	-26.41M	-22.23M	-20.61M
	Net Income Common Stockholders
-6.63M	-13.36M	-56.56M	-20.81M	-14.17M	-21.02M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.08M	4.56M	16.50M	28.80M	45.67M	34.92M
	Total Assets
731.19M	713.30M	724.81M	765.23M	834.17M	769.72M
	Total Debt
66.47M	76.62M	65.73M	52.49M	59.18M	36.89M
	Net Debt
59.40M	72.06M	49.24M	23.69M	13.52M	1.97M
	Total Liabilities
218.74M	214.78M	213.60M	175.09M	188.47M	167.63M
	Stockholders Equity
512.45M	498.52M	511.21M	590.14M	645.70M	602.09M
Cash Flow		Free Cash Flow
-3.41M	-19.21M	-19.25M	-20.22M	-19.86M	-19.49M
	Operating Cash Flow
-18.75K	-19.20M	-19.24M	-20.17M	-19.84M	-19.35M
	Investing Cash Flow
28.99K	1.56M	82.00K	-165.00K	-111.00K	67.00K
	Financing Cash Flow
6.09M	5.84M	7.61M	5.15M	28.57M	33.64M

Brockman Mining Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0159, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.09, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.61 is Neutral, neither overbought nor oversold. The STOCH value of 23.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0159.

Brockman Mining Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
0159	36 Underperform	€853.78M	―	-4.73%	―	―	39.02%
PIAIF		$126.37B	6.18		7.49%	―	―
ALMMF		$15.08B	5.85	20.63%	3.47%	―	―
GZITF		$805.73M	8.81	5.60%	7.02%	―	―
IRCWF		$113.96M	―	-6.77%	―	―	―
YZCHF		$15.17B	5.30	22.05%	6.88%	―	―

Brockman Mining Ltd. Corporate Events

Brockman Mining Reports Increased Losses in Interim Results

Brockman Mining Limited reported its unaudited consolidated interim results for the six months ending December 31, 2024, revealing a significant increase in operating loss compared to the previous year. The company faced a total comprehensive loss attributable to equity holders, driven by increased finance costs and unfavorable exchange differences from foreign operations.