TipRanks
Go Ultimate55% OFF

Bindi Metals Ltd. (BIM) AI Stock Analysis

Top Page

AU:BIM

Bindi Metals Ltd.

(ASX:BIM)

Select Model
Rating:38Underperform
Price Target:AUD 0.07â–¼(-4.23% Downside)
Action:reiterated
Date:09/26/26

The overall score is critically low at 38, driven by uniformly weak fundamentals and technicals. The company's financial health is deteriorating rapidly with escalating losses and a high cash burn rate that threatens its debt-free balance sheet. This is compounded by a deeply bearish technical picture, with the stock price in a sustained downtrend and showing no signs of momentum. The negative P/E ratio and lack of dividends offer no valuation support. The primary, albeit limited, strength is the absence of debt, but this is overshadowed by the unsustainable cash consumption requiring future dilution.

Positive Factors
Debt-free balance sheetThe absence of reported debt limits refinancing exposure and avoids interest obligations that could further pressure a loss-making business. This gives Bindi Metals greater balance-sheet flexibility than a similarly unprofitable company carrying material leverage, although equity remains under pressure.
Negative Factors
Unestablished revenue baseThe absence of consistent revenue demonstrates that Bindi Metals has not yet established a dependable commercial operating base. Highly irregular top-line generation limits cost absorption, makes future performance difficult to compound, and increases dependence on successfully developing or monetising its activities.

Bindi Metals Ltd. (BIM) vs. iShares MSCI Australia ETF (EWA)

-40%-20%0%20%40%AU:BIM-32.38%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 6.54M
Dividend Yield
―
Average Volume (3M)
58.71K
Price to Earnings (P/E)
-2.3
Beta (1Y)
-0.28
Revenue Growth
―
EPS Growth
-15.24%
Country
Australia
Employees
2
Sector
Basic Materials
Sector Strength
61
Industry
Other Precious Metals

Bindi Metals Ltd. Business Overview & Revenue Model

Company Description

Founded in 2021 and headquartered in Perth, Australia, Bindi Metals Limited is dedicated to discovering and advancing mineral assets. The company's primary focus lies in the exploration of valuable copper, gold, and silver deposits. Its operational p...

Bindi Metals Ltd. Financial Statement Overview

Summary

Financial performance is very weak, typical of a pre-revenue explorer. The income statement shows escalating net losses (-$2.71M) and zero revenue. The balance sheet is debt-free but equity is rapidly eroding. Cash flow is deeply negative with an unsustainable burn rate. The only mitigating factor is the absence of debt.

Income Statement

8Very Negative

Balance Sheet

35Negative

Cash Flow

10Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue0044.54K1,80000
Gross Profit0-7,88644.54K1,800-1,8660
EBITDA-2.83M-2.83M-1.06M-1.29M-2.12M-61.97K
Net Income-2.71M-2.71M-1.06M-1.27M-2.07M-805.61K
Balance Sheet
Total Assets2.88M2.88M2.64M1.64M2.97M5.29M
Cash, Cash Equivalents and Short-Term Investments1.76M1.76M1.56M813.23K2.31M4.74M
Total Debt000000
Total Liabilities54.66K54.66K36.38K82.66K417.36K687.59K
Stockholders Equity2.83M2.83M2.60M1.56M2.55M4.60M
Cash Flow
Free Cash Flow-2.18M-2.18M-1.13M-1.47M-2.44M-526.71K
Operating Cash Flow-2.18M-2.18M-931.20K-1.42M-2.37M-311.55K
Investing Cash Flow-67.48K-67.48K-200.00K-73.69K-67.85K-215.16K
Financing Cash Flow2.37M2.37M1.88M005.27M

Bindi Metals Ltd. Technical Analysis

Technical Analysis SentimentNegative
Last Price0.07

Price Trends

50DMA0.08Negative
100DMA0.09Negative
200DMA0.10Negative

Market Momentum

MACD-0.00Negative
RSI9.70Positive
STOCH80.16Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BIM, the sentiment is Negative. The current price of 0.07 is above the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 9.70 is Positive, neither overbought nor oversold. The STOCH value of 80.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BIM.

Bindi Metals Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:BIM 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:DUNAU:DUN45NeutralAUD 14.40M-1.46-136.86%――-217.92%
AU:AS2AU:AS244NeutralAUD 3.48M-0.58-45.74%――83.09%
AU:MOHAU:MOH44NeutralAUD 4.23M-8.00-32.09%――74.00%
AU:SMXAU:SMX41NeutralAUD 6.54M-0.01-97.22%――48.84%
AU:KFMAU:KFM40UnderperformAUD 7.92M-6.22-24.77%――64.98%
AU:BIMAU:BIM38UnderperformAUD 6.54M-2.29-73.25%――-15.24%

* Basic Materials Sector Average

Performance Comparison

-40%-20%0%20%AU:BIMAU:AS2AU:KFMAU:MOHAU:SMXAU:DUNDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:BIM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:BIMBindi Metals Ltd.0.07-0.04-35.45%
AU:AS2Askari Metals Limited0.01-0.01-50.00%
AU:KFMKingfisher Mining Ltd.0.07-0.01-13.75%
AU:MOHMoho Resources Ltd.0.010.000.00%
AU:SMXNickelx Ltd0.02-0.01-23.81%
AU:DUNDundas Minerals Limited0.050.0111.36%

Bindi Metals Ltd. Corporate Events

Bindi Metals lodges updated ASX corporate governance statement

Sep 24, 2026

Bindi Metals Limited has lodged its updated corporate governance statement for the year ended 30 June 2026, confirming that the document is current as of 24 September 2026 and available on its website. The filing, made in conjunction with its Appendi...

Bindi Metals Sets 2026 AGM Date and Opens Director Nomination Window

Sep 18, 2026

Bindi Metals Ltd. has scheduled its Annual General Meeting for 12 November 2026, with the election of directors set as a key item on the agenda. The company has set 1 October 2026 as the deadline for shareholders to submit nominations for board posit...

Bindi Metals Shareholders Approve Disposal of Biloela Project

Sep 10, 2026

Bindi Metals Limited has secured shareholder approval at its General Meeting for the disposal of its Biloela Project, with the resolution carried on a poll and no votes recorded against. The outcome reflects strong shareholder support for the company...

Bindi Metals Moves to Digital Notices for September Shareholder Meeting

Aug 11, 2026

Bindi Metals Limited has called a General Meeting of shareholders to be held in Perth on 10 September 2026 at 11:00 a.m. AWST. The company is shifting toward electronic distribution of meeting materials, providing the Notice of Meeting online via its...

Bindi Metals Seeks Shareholder Approval to Sell Biloela Project

Aug 11, 2026

Bindi Metals Limited has called a general meeting of shareholders to be held in Perth on 10 September 2026 to vote on a proposed sale of its Biloela Project. The board is seeking shareholder approval under ASX Listing Rule 11.4.1(b), signalling a pot...

Bindi Metals’ maiden Ravni drilling confirms high-grade gold and silver in Serbia

Aug 10, 2026

Bindi Metals has completed a 2,159.4-metre maiden diamond drilling program across 14 holes at four key prospects within its Ravni Project in Serbia, confirming high-grade gold and silver mineralisation. Early rush assays from the Drenjak, Rujak and R...

Bindi Metals Divests Biloela Project to Refocus on Ravni Gold

Aug 2, 2026

Bindi Metals Ltd. has agreed to sell 100 percent of its Biloela copper-gold exploration project in central Queensland to Jacaranda Natural Resources Pty Ltd. The project, comprising three exploration permits near Gladstone, has seen previous work ide...

Bindi Metals Advances Maiden Drilling at Serbian Ravni Gold Project

Jul 28, 2026

Bindi Metals has substantially completed the first phase of its maiden diamond drilling campaign at the Ravni Gold Project in southern Serbia, marking the most extensive drilling effort at the site so far. The programme focused on priority prospects...

Bindi Metals appoints new company secretary to bolster governance

Jul 3, 2026

Bindi Metals Limited has appointed Clarissa Chua as its new company secretary, effective immediately, replacing outgoing secretary Aida Tabakovic. Chua, a chartered accountant and chartered secretary with more than a decade of experience in corporate...

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: Sep 26, 2026