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Black Rock Mining Limited
(Sydney:BKT)
Black Rock Mining Limited (BKT) vs. S&P 500 (SPY)
Black Rock Mining Limited Business Overview & Revenue Model
Black Rock Mining Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 4.12K | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -350.18K | -285.69K | -48.18K | -14.17K | -18.63K | EBIT |
| -9.91M | -9.45M | -6.21M | -2.86M | -2.96M | EBITDA |
| -10.53M | -9.06M | -6.03M | -3.12M | -3.25M | Net Income Common Stockholders |
| -10.08M | -9.05M | -6.08M | -2.85M | -3.39M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 9.10M | 11.70M | 26.09M | 11.30M | 722.10K | Total Assets |
| 63.11M | 61.32M | 57.43M | 33.63M | 23.62M | Total Debt |
| 477.94K | 686.35K | 536.70K | 0.00 | 0.00 | Net Debt |
| -8.42M | -10.77M | -25.56M | -11.30M | -722.10K | Total Liabilities |
| 3.59M | 3.82M | 2.41M | 468.59K | 898.84K | Stockholders Equity |
| 60.33M | 57.79M | 55.02M | 33.16M | 22.72M |
| Cash Flow | Free Cash Flow | |||
| -13.87M | -25.57M | -11.59M | -2.86M | -4.05M | Operating Cash Flow |
| -8.00M | -8.31M | -4.13M | -2.04M | -2.51M | Investing Cash Flow |
| -5.82M | -17.35M | -7.46M | -827.02K | -1.53M | Financing Cash Flow |
| 11.21M | 10.63M | 25.97M | 13.67M | 2.87M |
Black Rock Mining Limited Technical Analysis
Black Rock Mining Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
49 Neutral | $1.95B | -1.37 | -21.20% | 3.73% | 0.84% | -29.84% | |
48 Neutral | $31.07M | ― | -20.67% | ― | ― | 4.00% | |
46 Neutral | AU$180.56M | 101.43 | 1.05% | ― | ― | ― | |
44 Neutral | $255.35M | ― | -33.63% | ― | -33.27% | -10.07% | |
40 Underperform | $58.48M | ― | -46.99% | ― | ― | -23.51% | |
32 Underperform | AU$29.39M | ― | -18.38% | ― | ― | 10.42% |
Black Rock Mining Limited Corporate Events
Black Rock Mining Limited announced the appointment of Mr. Dongjoo Kim as a Non-Executive Director, representing POSCO, a major shareholder and strategic partner. The company successfully raised A$5 million through a share placement to support corporate costs and working capital, as it seeks additional funding for the Mahenge Graphite Project. POSCO’s commitment is further evidenced by its approval of a US$277 million investment in a spherical graphite production plant in Korea, which will source graphite from Mahenge by 2027. This development strengthens Black Rock’s industry positioning and underscores its potential impact on stakeholders.
Black Rock Mining Limited announced the cessation of 1,500,000 securities due to the expiry of options that were not exercised or converted by the expiration date of April 26, 2025. This update on their issued capital may impact the company’s financial structure and market positioning, as it reflects changes in their securities management strategy.
Black Rock Mining Limited has announced a continuation of the suspension of its securities from quotation on the ASX. This suspension follows the company’s inability to lodge an announcement regarding the status of its Special Mining Licence for the Mahenge Graphite Project in Tanzania. The suspension will remain in place until the ASX is satisfied with the company’s compliance with its listing rules, impacting the company’s operations and potentially affecting stakeholders’ interests.
Black Rock Mining Limited has announced a voluntary suspension of its securities from quotation on the ASX, pending an important announcement regarding correspondence from the Tanzanian government about the Special Mining Licence for the Mahenge Graphite Project. This suspension is intended to prevent uninformed trading and will remain in place until the company releases the announcement or until normal trading resumes on April 22, 2025.
Black Rock Mining Limited has requested a trading halt on its shares due to receiving correspondence from the Tanzanian government regarding the status of its Special Mining Licence for the Mahenge Graphite Project. The company is currently seeking clarification on the matter, as the correspondence appears to be fundamentally incorrect, and expects the halt to last until an announcement is made or trading resumes on April 16, 2025.
Black Rock Mining Limited has announced a General Meeting scheduled for 30 April 2025, where shareholders are invited to participate in voting by poll. The meeting will be held in Perth, and shareholders have the option to vote via proxy if unable to attend. The company emphasizes the importance of reviewing the Notice and Explanatory Statement in full, urging shareholders to consult advisors if needed.
Black Rock Mining Limited has announced that Turner Group has become a substantial holder in the company, with a voting power of 5.37% through the acquisition of 79 million ordinary fully paid shares. This development signifies a strategic investment by Turner Group, potentially impacting Black Rock Mining’s operational strategies and stakeholder interests as the company seeks to leverage this new partnership for growth and market positioning.
Black Rock Mining Limited has issued 217,391,305 fully paid ordinary shares to institutional and sophisticated investors as part of a placement announced earlier. This move, facilitated under the Corporations Act 2001, allows the new shares to be traded immediately, potentially enhancing the company’s liquidity and financial flexibility, thereby strengthening its position in the graphite market.
Black Rock Mining Limited has announced the quotation of 217,391,305 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective March 11, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially benefiting stakeholders by improving liquidity and access to capital.
Black Rock Mining Limited has successfully raised A$5 million through a placement to institutional and sophisticated investors, priced at A$0.023 per share. The funds will be used for corporate costs and working capital as the company seeks additional funding for its Mahenge Graphite Project. The placement includes the issuance of 217,391,305 ordinary shares, with the new shares expected to settle by mid-March 2025. The company also plans to offer unquoted options to participants, subject to shareholder approval, as part of its strategy to secure further investment and support for its project development.
Black Rock Mining Limited has requested a trading halt on its securities as it plans to conduct a capital raising. The halt is intended to facilitate an orderly process for the capital raising, and it is expected to last until the company makes an announcement regarding the outcome or until normal trading resumes on March 5, 2025.
Black Rock Mining Limited has announced the appointment of Dongjoo Kim as a director, effective February 24, 2025. This appointment is part of the company’s ongoing efforts to strengthen its leadership team and enhance its strategic direction in the mining sector. The notice indicates that Mr. Kim currently holds no relevant interests in the company’s securities, suggesting a fresh perspective and potential new strategies for stakeholders.