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Ballymore Resources Limited (BMR) AI Stock Analysis

AU:BMR

Ballymore Resources Limited

(ASX:BMR)

Select Model
Rating:44.5Neutral
Price Target:AUD 0.10â–¼(-3.00% Downside)
Action:reiterated
Date:10/03/26

The overall score is held down primarily by very weak financial performance, with persistent losses and negative cash flows posing key risks, while mildly negative but non-extreme technical trends and a speculative valuation with no dividend provide only limited offsetting support.

Positive Factors
Copper and gold exploration focusA dedicated focus on copper and gold gives Ballymore a defined exploration strategy and exposure to metals that can support future project value. Advancing tenements, surveys, drilling, and resource definition provides a structured pathway toward development or transaction outcomes.
Negative Factors
No current revenue and persistent lossesBallymore has not yet established a recurring revenue stream, leaving its financial profile dependent on exploration progress and access to capital. Persistent operating losses, including the larger 2026 net loss, limit internal funding capacity and delay proof of commercial viability.

Ballymore Resources Limited (BMR) vs. iShares MSCI Australia ETF (EWA)

-50%0%50%100%150%200%AU:BMR-34.64%EWA+15.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 24.97M
Dividend Yield
―
Average Volume (3M)
106.33K
Price to Earnings (P/E)
-7.2
Beta (1Y)
1.99
Revenue Growth
―
EPS Growth
-5.38%
Country
Australia
Employees
2
Sector
Basic Materials
Sector Strength
61
Industry
Other Precious Metals

Ballymore Resources Limited Business Overview & Revenue Model

Company Description

Ballymore Resources Limited operates as an exploration and development company, focusing on discovering and extracting gold, copper, silver, lead, zinc, and various other metals. The firm holds complete ownership of several significant projects acros...

Ballymore Resources Limited Financial Statement Overview

Summary

Financial performance is weak: Ballymore Resources is effectively pre‑revenue, with widening net losses, persistently negative operating and free cash flows, and only a moderate offset from a growing asset base and manageable leverage.

Income Statement

18Very Negative

Balance Sheet

60Neutral

Cash Flow

30Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue0060.60K000
Gross Profit0-81.44K60.60K-56.70K-49.90K-49.03K
EBITDA-1.50M-1.42M-786.50K-1.71M-853.61K-684.67K
Net Income-3.10M-3.10M-2.32M-1.90M-878.02K-733.70K
Balance Sheet
Total Assets30.97M30.97M22.98M23.61M13.19M10.37M
Cash, Cash Equivalents and Short-Term Investments4.44M4.44M2.30M7.94M1.47M2.54M
Total Debt10.96M10.96M9.34M33.26K56.56K0
Total Liabilities12.32M12.32M10.28M8.60M467.83K370.74K
Stockholders Equity18.65M18.65M12.69M15.02M12.72M10.00M
Cash Flow
Free Cash Flow-1.60M-1.60M-5.64M-4.58M-4.53M-4.26M
Operating Cash Flow-913.37K-913.37K-723.38K-1.02M-658.75K-667.52K
Investing Cash Flow-5.71M-5.71M-4.91M-3.55M-3.87M-3.60M
Financing Cash Flow8.76M8.76M011.04M3.47M6.58M

Ballymore Resources Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.10

Price Trends

50DMA0.12Negative
100DMA0.12Negative
200DMA0.16Negative

Market Momentum

MACD-0.01Positive
RSI41.47Neutral
STOCH60.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BMR, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and below the 200-day MA of 0.16, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.47 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BMR.

Ballymore Resources Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:BMR 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:QMLAU:QML54NeutralAUD 46.32M-8.11-12.51%――11.90%
AU:BMRAU:BMR45NeutralAUD 24.97M-7.25-18.09%――-5.38%
AU:HARAU:HAR43NeutralAUD 23.56M-1.62-38.32%――-34.87%
AU:RIMAU:RIM41NeutralAUD 23.99M-16.00-11.48%――63.64%
AU:ODEAU:ODE40UnderperformAUD 30.91M-7.27-69.67%――-30.00%
AU:DESAU:DES38UnderperformAUD 33.21M-2.00-86.76%――-119.78%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%150%AU:BMRAU:ODEAU:QMLAU:RIMAU:HARAU:DESDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:BMR and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:BMRBallymore Resources Limited0.10-0.05-34.64%
AU:ODEOdessa Minerals Limited0.020.0014.29%
AU:QMLQMines Ltd.0.060.0113.21%
AU:RIMRimfire Pacific Mining Limited0.01-0.00-28.57%
AU:HARHaranga Resources Limited0.05-0.08-61.48%
AU:DESDesoto Resources Ltd.0.12-0.04-25.00%

Ballymore Resources Limited Corporate Events

Ballymore launches IP survey to target high-grade copper extensions at Mount Molloy

Oct 28, 2026

Ballymore Resources has begun an induced polarisation geophysical survey at its Mount Molloy Project in North Queensland to test for extensions of high-grade copper-zinc mineralisation around the historic Mount Molloy mine. The program comprises five...

Ballymore Resources Details Director Departure and Indirect Holdings

Oct 27, 2026

Ballymore Resources Limited has disclosed a change in its board, announcing that director Nicholas Jorss ceased to be a director on 27 October 2026, in line with ASX listing rule requirements. The company filed a final director’s interest notic...

Ballymore advances Dittmer mine work and reports high-grade Torpy’s assays

Oct 27, 2026

Ballymore Resources reported strong quarterly progress at its Queensland projects, highlighted by new high-grade assays from the Torpy’s silver-lead-zinc-indium deposit that show mineralisation closer to surface, potentially improving future ex...

Ballymore Resources Sets November Date for Digitally Enabled AGM

Oct 23, 2026

Ballymore Resources Limited has called its Annual General Meeting for 26 November 2026 at HWLE Lawyers in Brisbane, setting 7:00 p.m. on 24 November 2026 as the record date for shareholder voting eligibility. The company is shifting to a primarily el...

Ballymore Resources lodges ASX governance disclosures for 2026

Sep 29, 2026

Ballymore Resources Limited has confirmed that its corporate governance statement for the year to 30 June 2026 is available on its website, in line with ASX Listing Rule 4.10.3. The statement, current as at 29 September 2026 and approved by the board...

Ballymore Resources Tightens Governance Framework as Operations Grow

Sep 29, 2026

Ballymore Resources Limited has outlined its corporate governance practices for the year ended 30 June 2026, affirming its commitment to high standards aligned with the ASX Corporate Governance Council’s principles and recommendations. The boar...

Ballymore Builds Momentum as Dittmer and Torpy’s Drive FY2027 Strategy

Sep 29, 2026

Ballymore enters FY2027 with strong operational momentum following a year of exploration success and project advancement. The company is prioritising the Dittmer project through resource definition, trial mining and development evaluation, signalling...

Ballymore extends shallow high-grade polymetallic mineralisation at Torpy’s

Sep 24, 2026

Ballymore Resources has reported further high-grade silver-lead-zinc-indium assay results from the Torpy’s prospect at its Ruddygore Project in North Queensland, with recent drilling extending mineralisation about 30 metres up-dip and closer to...

Ballymore Extends High-Grade Silver-Lead-Zinc Mineralisation at Torpy’s Discovery

Sep 8, 2026

Ballymore Resources has reported further high-grade silver, lead, zinc and indium assay results from drilling at the Torpy’s discovery within its Ruddygore Project in North Queensland. New shallow intersections, including 2m grading 580.4g/t si...

Ballymore Director Boosts Stake Via Entitlement Offer

Aug 20, 2026

Ballymore Resources director Andrew Greville has increased his direct and indirect holdings in the company through participation in a recent entitlement offer approved by shareholders. His interests are held via family and superannuation accounts tha...

Ballymore Resources Issues 940,409 Unquoted Long-Dated Options

Aug 20, 2026

Ballymore Resources Limited has notified the market of the issue of 940,409 unquoted options, exercisable at $0.22 and expiring on December 31, 2028. The options, designated under ASX code BMRAL, form part of previously announced transactions and are...

Ballymore Resources Bolsters Capital Base With New Share Issue

Aug 20, 2026

Ballymore Resources Limited has issued 1,880,819 new ordinary shares, notifying the market under section 708A of the Corporations Act that the placement was completed without a full disclosure document. The company confirmed it is compliant with key...

Ballymore Resources Seeks ASX Quotation for 1.88m New Shares

Aug 20, 2026

Ballymore Resources Limited has applied for quotation on the ASX of 1,880,819 new ordinary fully paid shares, to be issued on August 20, 2026. The securities form part of previously announced transactions, indicating a continuation of the company&#82...

Ballymore Clears All Resolutions at General Meeting as Queensland Projects Advance

Aug 20, 2026

Ballymore Resources Limited reported that all resolutions put to shareholders at its general meeting on 20 August 2026 were passed by poll. The board’s approval of the meeting results removes potential governance hurdles as the company advances...

Ballymore extends high-grade silver-lead-zinc mineralisation at Torpy’s discovery

Aug 3, 2026

Ballymore Resources has reported further broad zones of massive sulphide mineralisation at its Torpy’s discovery within the Ruddygore Project in North Queensland, confirming high-grade silver-lead-zinc-indium mineralisation closer to surface. T...

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 03, 2026