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Coolabah Metals Ltd. (BHM) AI Stock Analysis

AU:BHM

Coolabah Metals Ltd.

(ASX:BHM)

Select Model
Rating:38Underperform
Price Target:AUD 0.44â–¼(-6.02% Downside)
Action:reiterated
Date:10/17/26

The overall score is very low, driven primarily by a precarious financial position. The company is burning cash at an unsustainable rate, has taken on significant debt, and is deeply unprofitable despite rapid revenue growth. This fundamental weakness is reinforced by a bearish technical trend, with the stock price below all major moving averages and weak momentum. The negative P/E ratio further confirms the lack of earnings power. The company's viability is at risk without a dramatic operational turnaround or new financing.

Positive Factors
Strong Revenue GrowthThe sharp FY2026 revenue increase shows that the company expanded its business scale and generated stronger top-line activity. If this growth can be converted into healthier margins, it could provide a foundation for improved operating leverage and future earnings capacity.
Negative Factors
Severe Profitability DeteriorationThe deterioration from FY2025 profit to a large FY2026 net loss indicates that revenue growth is not currently translating into economic value. Negative gross profit and widening operating losses create a fundamental earnings-quality problem that may persist until costs and pricing improve.

Coolabah Metals Ltd. (BHM) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%40%60%AU:BHM-44.64%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 199.39M
Dividend Yield
―
Average Volume (3M)
878.91K
Price to Earnings (P/E)
-2.7
Beta (1Y)
1.76
Revenue Growth
56.44%
EPS Growth
-131.56%
Country
Australia
Employees
118
Sector
Basic Materials
Sector Strength
61
Industry
Other Precious Metals

Coolabah Metals Ltd. Business Overview & Revenue Model

Company Description

Broken Hill Mines Limited is an Australian company primarily involved in the exploration and extraction of mineral resources. Its core focus lies in identifying and developing deposits containing silver, lead, and zinc. The firm wholly owns the Rasp...

How the Company Makes Money

null

Coolabah Metals Ltd. Financial Statement Overview

Summary

Financial health is critically weak. While revenue surged 55% to $90.9M, the company swung to a $48.8M net loss and gross margins turned deeply negative. Operating and free cash flows are severely negative, with a -$57.3M free cash outflow indicating unsustainable cash burn. The balance sheet shows a sharp rise in debt to $36.3M, and return on equity is -106%, destroying shareholder value.

Income Statement

35Negative

Balance Sheet

40Negative

Cash Flow

25Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue90.88M90.88M58.09M000
Gross Profit-16.05M-20.94M3.97M000
EBITDA-26.55M-24.25M-1.40M20.09K-2.67M0
Net Income-48.83M-48.83M3.18M-24.00K-2.62M-730.30K
Balance Sheet
Total Assets157.71M157.71M24.54M7.01M5.51M203.81K
Cash, Cash Equivalents and Short-Term Investments33.66M33.66M21.84M4.33M3.71M114.48K
Total Debt36.25M36.25M102.02K149.82K00
Total Liabilities111.64M111.64M20.37M414.75K289.89K214.63K
Stockholders Equity46.06M46.06M4.17M6.60M5.23M-10.82K
Cash Flow
Free Cash Flow-57.27M-57.27M-1.32M-1.72M-2.97M-544.14K
Operating Cash Flow-4.73M-4.73M-1.28M-1.69M-2.81M-544.14K
Investing Cash Flow-61.61M-61.61M-1.17M-27.83K-192.41K0
Financing Cash Flow97.64M97.64M19.95M2.35M6.60M658.62K

Coolabah Metals Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.47

Price Trends

50DMA0.65Negative
100DMA0.67Negative
200DMA0.76Negative

Market Momentum

MACD-0.06Positive
RSI30.05Neutral
STOCH17.23Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BHM, the sentiment is Negative. The current price of 0.47 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.65, and below the 200-day MA of 0.76, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 30.05 is Neutral, neither overbought nor oversold. The STOCH value of 17.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BHM.

Coolabah Metals Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:BHM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:CELAU:CEL47NeutralAUD 269.01M-13.94-4.98%――-127.85%
AU:AZYAU:AZY42NeutralAUD 314.50M-51.09-4.32%――5.15%
AU:BHMAU:BHM38UnderperformAUD 199.39M-2.74-90.08%―56.44%-131.56%
AU:MM8AU:MM837UnderperformAUD 362.02M-16.52-21.51%――-62.33%

* Basic Materials Sector Average

Performance Comparison

0%100%AU:BHMAU:BOCAU:TM1AU:AZYAU:MM8AU:CELDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:BHM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:BHMCoolabah Metals Ltd.0.47-0.38-45.29%
AU:BOCBougainville Copper Limited0.15-1.07-87.40%
AU:TM1GCX Metals Limited0.14-0.01-6.67%
AU:AZYAntipa Minerals Limited0.47-0.10-17.54%
AU:MM8Medallion Metals Ltd0.39-0.03-7.14%
AU:CELChallenger Exploration Limited1.57-0.93-37.20%

Coolabah Metals Ltd. Corporate Events

Broken Hill Mines Ramps Up Production Across Rasp and Pinnacles Assets

Oct 29, 2026

Broken Hill Mines has reported substantial operational progress in its first year as an ASX-listed entity, highlighted by the commencement of ore production from the Main Lode in July 2025 and further expansion in 2026. Ore extraction began at the Pi...

Broken Hill Mines Sets Investor Briefing on September Quarter

Oct 29, 2026

Broken Hill Mines Limited has scheduled a video investor briefing to discuss its September 2026 quarterly activities, to be hosted by Executive Chairman Patrick Walta at 9:30am AEDT on Friday, 30 October 2026. The session will be accessible via onlin...

Broken Hill Mines Sets November 2026 AGM, Seeks Approval for Incentive Plan and Director Re-Election

Oct 23, 2026

Broken Hill Mines Limited has called its Annual General Meeting for 26 November 2026 in Melbourne, setting 24 November 2026 as the record date for shareholder voting eligibility. Shareholders are encouraged to attend in person or vote by proxy, with...

Broken Hill Mines Sets 2026 AGM Date and Shifts Shareholder Materials Online

Oct 23, 2026

Broken Hill Mines Limited has scheduled its 2026 Annual General Meeting for 11:00am AEDT on 26 November 2026 in Melbourne, reinforcing its regular governance cycle and providing shareholders with an opportunity to vote on key corporate matters. The c...

Broken Hill Mines Clears ASX Placement Shares for Immediate Trading

Oct 19, 2026

Broken Hill Mines Limited has issued 32,610,011 fully paid ordinary shares at $0.76 each to institutional investors under the second tranche of a previously announced placement. The shares were issued without a prospectus under disclosure exemptions...

Broken Hill Mines Shareholders Back Capital-Raising Placements

Oct 12, 2026

Broken Hill Mines Limited is an Australian-listed mining company focused on resource development and production, with its shares traded on the ASX under the ticker BHM. The company operates within the broader mining and metals sector, raising capital...

Broken Hill Mines Sets 2026 AGM Date and Board Nomination Deadline

Oct 2, 2026

Broken Hill Mines Limited has scheduled its Annual General Meeting for 26 November 2026, with full details to be provided to shareholders in a forthcoming notice. The meeting date underscores the company’s adherence to ASX governance timelines...

Broken Hill Mines Withdraws Planned Share Purchase Plan

Sep 17, 2026

Broken Hill Mines Limited has withdrawn a previously announced Share Purchase Plan, cancelling its earlier proposal to issue securities to eligible shareholders. The move reverses the company’s August 28 securities purchase plan announcement an...

Broken Hill Mines Sets October General Meeting, Moves to Digital Notices

Sep 7, 2026

Broken Hill Mines Limited has scheduled a General Meeting for shareholders at 11:00am AEDT on 12 October 2026 in Melbourne, with the notice of meeting available online rather than being mailed in hard copy except to those who have specifically reques...

Broken Hill Mines calls October EGM to ratify share placements and expand funding capacity

Sep 7, 2026

Broken Hill Mines Limited has called an extraordinary general meeting for 12 October 2026 in Melbourne to seek shareholder approvals related to recent and planned equity raisings. Shareholders of record as at 3:00 p.m. AEDT on 10 October 2026 will be...

Broken Hill Mines Relaunches Underwritten Share Purchase Plan After Administrative Oversight

Sep 4, 2026

Broken Hill Mines Limited has relaunched a share purchase plan after withdrawing an earlier offer due to a cleansing notice oversight, inviting eligible shareholders in Australia and New Zealand to subscribe for up to A$30,000 of new shares at A$0.76...

Broken Hill Mines Re-launches Share Purchase Plan in A$90m Capital Raising

Sep 4, 2026

Broken Hill Mines Limited has re-launched its share purchase plan for eligible shareholders in Australia and New Zealand after withdrawing an earlier offer due to an administrative oversight. Under the new plan, shareholders can apply for up to A$30,...

Broken Hill Mines Re-launches Share Purchase Plan After Compliance Oversight

Sep 4, 2026

Broken Hill Mines has withdrawn a previously opened share purchase plan after identifying that a required cleansing notice had not been lodged, calling the issue a technical administrative oversight rather than a change in capital-raising strategy. T...

Broken Hill Mines Seeks ASX Quotation for Additional Shares

Sep 4, 2026

Broken Hill Mines Ltd. has lodged an application with the ASX for quotation of newly issued ordinary fully paid shares. The company is seeking quotation for 25,541 BHM securities, reflecting a modest expansion of its listed share capital.The new shar...

Broken Hill Mines Seeks ASX Quotation for 79 Million New Shares

Sep 4, 2026

Broken Hill Mines Limited has applied for quotation of 79,232,095 ordinary fully paid shares on the Australian Securities Exchange. The application is made under Appendix 2A of the ASX Listing Rules, confirming these securities as part of previously...

Broken Hill Mines Launches Underwritten Share Purchase Plan Amid A$85m Raising

Sep 4, 2026

Broken Hill Mines Limited has launched a share purchase plan offering eligible Australian and New Zealand shareholders up to A$30,000 in new shares at A$0.76 each, matching the price of a recently completed placement. The offer, underwritten by Petra...

Broken Hill Mines Launches Discounted Share Plan in A$90m Capital Raise

Sep 4, 2026

Broken Hill Mines Limited has opened a share purchase plan for eligible shareholders in Australia and New Zealand, allowing them to acquire up to A$30,000 of new shares at A$0.76 each, a discount to recent trading levels. The offer, underwritten by P...

Kingfisher Mining Confirms High-Grade Silver-Lead-Zinc at Stephens Trig

Aug 31, 2026

Kingfisher Mining has reported new reverse circulation drilling results from the Stephens Trig silver-lead-zinc prospect, about 15 kilometres north of Broken Hill, confirming high-grade mineralisation in an underexplored Broken Hill–style syste...

Broken Hill Mines to Brief Investors on New Capital Raising

Aug 28, 2026

Broken Hill Mines Limited has announced that Executive Chairman Patrick Walta will host a video investor briefing to discuss the company’s latest capital raising initiative. The briefing is scheduled for 9:30am AEST on Friday, 28 August 2026, a...

BHM launches equity raising to fund Broken Hill mine operations

Aug 28, 2026

Broken Hill Mines Limited has released a capital raise presentation outlining a fully underwritten two‑tranche placement of new shares and a separate, non‑underwritten share purchase plan for eligible shareholders. The funds are intended...

Broken Hill Mines Launches Securities Purchase Plan to Raise Equity

Aug 28, 2026

Broken Hill Mines Limited, listed on the ASX under the code BHM, operates in the mining sector and is seeking to expand its capital base through equity issuance. The company is issuing ordinary fully paid shares, indicating a focus on traditional equ...

Broken Hill Mines Plans Major Share Placement on ASX

Aug 28, 2026

Broken Hill Mines Limited has notified the ASX of a proposed issue of up to 111,842,106 ordinary fully paid shares under a placement or similar equity raising structure. The securities are targeted for issue on 4 September 2026, marking a significant...

Broken Hill Mines Secures A$90m Equity Raising and Working Capital Deal to Accelerate Zinc Growth

Aug 28, 2026

Broken Hill Mines has launched a fully underwritten A$90 million capital raising, comprising an A$85 million two-tranche placement and a A$5 million share purchase plan aimed at funding growth at its Centenary and Pinnacles underground projects. The...

Broken Hill Mines swings to loss as restructuring and growth plans reshape balance sheet

Aug 27, 2026

Broken Hill Mines Limited reported a sharp swing to a net loss of A$48.8 million for the year to 30 June 2026, despite a 56% jump in revenue to A$90.9 million. The result reflects major corporate restructuring, including the acquisition of Broken Hil...

Broken Hill Mines Halts Trading Ahead of Major Capital Raising

Aug 26, 2026

Broken Hill Mines Limited, an ASX-listed mining company trading under ticker BHM, operates in the resource exploration and development industry. Its listing on the Australian market provides access to equity capital for funding exploration, project a...

Broken Hill Mines Confirms Major High-Grade Discovery at Centenary Zone

Aug 21, 2026

Broken Hill Mines Ltd. has issued an amended drilling update for the Centenary Zone at the Rasp Mine, adding visual logging and drill collar location details for hole WMDD6389A to its recent disclosure of a major new discovery. The company confirms t...

Broken Hill Mines Confirms Major High‑Grade Discovery at Rasp Mine

Aug 17, 2026

Broken Hill Mines has confirmed a major new discovery of high‑grade, bulk‑tonnage silver, lead and zinc mineralisation in the Centenary Zone at its Rasp Mine, only about 250 metres from existing operations. Recent drilling has linked the...

Broken Hill Mines Boosts Equity Incentives With New Performance Rights Issue

Aug 14, 2026

Broken Hill Mines Ltd. has notified the ASX of the issue of 200,000 performance rights and 6,617,150 long-term incentive plan performance rights, all unquoted securities granted under an employee incentive scheme. The move underscores the company&#82...

Broken Hill Mines reports high-grade shallow hits at Pinnacles as drilling drives resource upgrade

Aug 9, 2026

Broken Hill Mines has reported a fresh set of high-grade, shallow polymetallic drill intercepts from the open pit area of its Pinnacles Mine, including significant silver, lead, zinc, copper and gold mineralisation. The results confirm broad zones of...

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: Oct 17, 2026