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Brockman Mining Ltd. (HK:0159)
:0159

Brockman Mining Ltd. (0159) AI Stock Analysis

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HK

Brockman Mining Ltd.

(Frankfurt:0159)

Rating:36Underperform
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. (0159) vs. iShares MSCI Hong Kong ETF (EWH)

Brockman Mining Ltd. Business Overview & Revenue Model

Company DescriptionBrockman Mining Ltd. (0159) is a mineral exploration company primarily focused on the exploration and development of iron ore projects. The company operates primarily in Australia and China, with its flagship project being the Marillana Iron Ore Project located in the Pilbara region of Western Australia. Brockman Mining Ltd. aims to become a significant supplier of iron ore by leveraging its strategic locations and extensive mineral resources.
How the Company Makes MoneyBrockman 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
10
Very Negative
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
40
Negative
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
25
Negative
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.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-390.00K-370.00K-563.00K-708.00K-526.00K-385.00K
EBITDA-13.04M-12.30M-65.94M-26.41M-22.23M-20.61M
Net Income-26.08M-13.36M-56.56M-20.81M-14.17M-21.02M
Balance Sheet
Total Assets658.29M713.30M724.81M765.23M834.17M769.72M
Cash, Cash Equivalents and Short-Term Investments2.04M4.56M16.50M28.80M45.67M34.92M
Total Debt86.83M76.62M65.73M52.49M59.18M36.89M
Total Liabilities218.62M214.78M213.60M175.09M188.47M167.63M
Stockholders Equity439.67M498.52M511.21M590.14M645.70M602.09M
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 Flow28.99K1.56M82.00K-165.00K-111.00K67.00K
Financing Cash Flow6.09M5.84M7.61M5.15M28.57M33.64M

Brockman Mining Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.10
Price Trends
50DMA
0.09
Positive
100DMA
0.09
Positive
200DMA
0.09
Positive
Market Momentum
MACD
<0.01
Negative
RSI
57.74
Neutral
STOCH
78.48
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0159, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.74 is Neutral, neither overbought nor oversold. The STOCH value of 78.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0159.

Brockman Mining Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
$122.39B6.6920.63%5.65%2.84%
79
Outperform
$1.03T7.12
7.09%11.71%37.04%
71
Outperform
HK$6.19B8.695.60%7.03%-4.34%-16.07%
64
Neutral
HK$113.24B5.2422.05%7.98%2.87%
58
Neutral
HK$16.58B4.52-5.52%5.28%-3.57%-61.41%
46
Neutral
$792.33M-6.77%-12.88%87.40%
36
Underperform
HK$890.90M-4.73%39.02%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0159
Brockman Mining Ltd.
0.10
>-0.01
-5.88%
HK:2318
Ping An Insurance Company of China
50.70
17.69
53.60%
HK:1052
Yuexiu Transport Infrastructure
3.70
0.03
0.93%
HK:1029
IRC
0.63
-0.57
-47.37%
HK:1171
Yankuang Energy Group Company Limited Class H
8.10
-1.30
-13.86%
HK:2600
Aluminum of China
5.25
0.24
4.83%

Brockman Mining Ltd. Corporate Events

Brockman Mining Reports Increased Losses in Interim Results
Feb 25, 2025

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.

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: May 03, 2025