Want to see AU:BLZ full AI Analyst Report?
Top Page
Blaze Minerals
(Sydney:BLZ)
Select Model
Select Model
Rating:46Neutral
Price Target:―
Action:Reiterated
Date:10/02/26
The score is driven primarily by weak financial performance—persistent losses and negative operating/free cash flow—partly offset by a low-risk capital structure with no debt. Valuation signals are limited due to negative earnings (negative P/E) and missing dividend yield, and technical momentum cannot be assessed because key indicators were not provided.
Positive Factors
Debt-free balance sheet
The absence of reported debt reduces refinancing pressure and interest obligations, giving Blaze Minerals greater financial flexibility than a leveraged peer. Its sizeable equity cushion also provides some capacity to absorb losses while management works to improve operations and profitability.
Negative Factors
Persistent unprofitability
Persistent net losses and negative operating profit show that revenue has not yet translated into an economically viable business. Continued losses can erode equity over time and make future growth dependent on financing until costs and below-EBITDA charges are brought under control.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
The absence of reported debt reduces refinancing pressure and interest obligations, giving Blaze Minerals greater financial flexibility than a leveraged peer. Its sizeable equity cushion also provides some capacity to absorb losses while management works to improve operations and profitability.
Read all positive factors
Blaze Minerals (BLZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$3.31M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)3.99
Revenue GrowthN/A
EPS Growth65.52%
CountryAU
Employees3
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)<0.01
Shares Outstanding3,306,250,000
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.59
Price to Sales (P/S)132.73
P/FCF Ratio-1.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Blaze Minerals Business Overview & Revenue Model
Company Description
Blaze Minerals Limited, along with its subsidiaries, specializes in discovering and developing mineral resources. The company primarily targets deposits of nickel, gold, and other base metals. It possesses a collection of exploration projects situ...
Blaze Minerals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.48K | 8.77K | 15.88K | 11.85K | 5.87K |
| Gross Profit | 19.48K | -3.33K | -15.00K | 11.85K | 5.87K |
| EBITDA | 919.94K | -4.48M | -831.00K | -1.05M | -1.59M |
| Net Income | -2.59M | -4.48M | -4.65M | -1.07M | -1.61M |
Balance Sheet | |||||
| Total Assets | 4.62M | 6.62M | 4.26M | 6.78M | 6.46M |
| Cash, Cash Equivalents and Short-Term Investments | 43.55K | 462.63K | 739.80K | 1.26M | 1.78M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 240.25K | 1.98M | 74.27K | 135.06K | 69.51K |
| Stockholders Equity | 4.38M | 4.64M | 4.19M | 6.64M | 6.39M |
Cash Flow | |||||
| Free Cash Flow | -2.31M | -887.91K | -1.52M | -1.40M | -1.44M |
| Operating Cash Flow | -1.28M | -887.91K | -769.89K | -735.93K | -921.84K |
| Investing Cash Flow | -1.03M | -1.11M | -748.41K | -668.56K | -517.90K |
| Financing Cash Flow | 1.95M | 1.67M | 1.00M | 879.00K | 572.49K |
Blaze Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$2.59M | -12.60 | -180.77% | ― | ― | 91.34% | |
46 Neutral | AU$3.31M | -1.13 | -54.48% | ― | ― | 65.52% | |
44 Neutral | AU$1.43M | -1.88 | -83.12% | ― | ― | 44.44% | |
43 Neutral | AU$4.85M | -0.92 | -171.42% | ― | ― | -121.21% |
* Basic Materials Sector Average
AU:BLZ
Blaze Minerals
―
―
―
AU:AOA
Ausmon Resources Limited
―
―
―
AU:WSR
Westar Resources Ltd.
0.01
0.00
0.00%
AU:VTA
Bastion Minerals Ltd
0.03
-0.01
-28.95%
Blaze Minerals Corporate Events
Blaze Minerals Files ASX Governance Disclosure for 2026
Sep 29, 2026
Blaze Minerals Limited has lodged its Appendix 4G with the ASX, outlining how it complies with the ASX Corporate Governance Council’s principles and recommendations for the year ended 30 June 2026. The company has confirmed its corporate gov...
Blaze Minerals Sets Out Alignment With ASX Corporate Governance Principles
Sep 29, 2026
Blaze Minerals Limited has detailed its current corporate governance framework for the year ended 30 June 2026, confirming broad alignment with the ASX Corporate Governance Council’s fourth edition principles. The company operates under a co...
Blaze Minerals Publishes Annual Report for Year Ended 30 June 2026
Sep 29, 2026
Blaze Minerals Ltd has released its annual report for the year ended 30 June 2026, outlining the company’s financial statements, directors’ report, and auditor’s opinion. The document also includes shareholder information and gov...
Blaze Minerals Plans Major Share Placement to Raise Capital
Sep 21, 2026
Blaze Minerals Limited has notified the ASX of a proposed large-scale issue of up to 1,075,000,000 ordinary fully paid shares. The securities are to be issued via a placement or similar structure, with the proposed issue date set for 26 October 20...
Blaze Minerals Moves General Meeting and Shareholder Voting Online
Sep 21, 2026
Blaze Minerals has called a General Meeting of shareholders for 21 October 2026 in Subiaco, Western Australia, with proceedings scheduled to begin at 9:00 a.m. Perth time. The company is encouraging shareholders to participate either in person or ...
Blaze Minerals Seeks Shareholder Backing for Major Capital Restructure
Sep 21, 2026
Blaze Minerals has convened a general meeting on 21 October 2026 in Subiaco, Western Australia, asking shareholders to endorse several key capital management measures. The company seeks ratification of prior share issues, approval for a large seco...
Blaze Minerals Director Increases Shareholding via Off-Market Transfer
Sep 11, 2026
Blaze Minerals Limited has reported a change in director David Prentice’s interests, with the conversion of 5,000,000 unquoted options into 5,000,000 ordinary shares via an off-market transfer. The options, exercisable at $0.005 and expiring...
Blaze Minerals Issues New Shares and Confirms Regulatory Compliance
Sep 10, 2026
Blaze Minerals has issued new fully paid ordinary shares on the ASX and has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act. The company states the shares were issued without a prospectus, while confirming ongoing compli...
Blaze Minerals Seeks ASX Quotation for 381.25 Million New Shares
Sep 10, 2026
Blaze Minerals Limited has lodged an application with the ASX for quotation of 381,250,000 ordinary fully paid shares. The securities, issued in connection with previously announced transactions, will expand the company’s listed capital base...
Blaze Minerals Moves to Consolidate Shares and Options Ahead of 2026 Trading Shift
Sep 2, 2026
Blaze Minerals Limited has announced a consolidation of its capital structure affecting its ordinary fully paid shares and two series of listed options. The reorganisation is scheduled so that trading in post-consolidation securities will commence...
Blaze Minerals Plans Multi-Billion Share Placement to Boost Capital Base
Sep 2, 2026
Blaze Minerals Limited has notified the ASX of a proposed large-scale issue of ordinary fully paid shares under a placement or similar structure. The company plans to issue up to 4,118,750,000 new BLZ securities, with a proposed issue date of Octo...
Blaze Minerals Plans Major Share Placement on ASX
Sep 2, 2026
Blaze Minerals Limited has notified the ASX of a proposed placement of up to 381,250,000 ordinary fully paid shares, with a scheduled issue date of 9 September 2026. The Appendix 3B filing signals a substantial equity raise that may dilute existin...
Blaze Minerals to Acquire High-Grade Ugandan Tungsten Projects, Raises $2.25m
Sep 2, 2026
Blaze Minerals Limited has agreed to acquire up to a 90% interest in two Ugandan tungsten projects, Bahati and Buyaga, encompassing and surrounding several high-grade historical mines. The Bahati Project sits in the prolific Karagwe-Ankole Belt an...
Blaze Minerals flags high-grade copper anomaly at Botswana’s Dinokwe Project
Jul 27, 2026
Blaze Minerals has advanced exploration at its Dinokwe Project in Botswana, where it is targeting copper-lead-zinc mineralisation at the Krokodil Prospect within the Limpopo Mobile Belt. The prospect sits in a region already known for sizable base...
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.