Blackstone Minerals Ltd AI Stock Analysis
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Blackstone Minerals Ltd (BSX) AI Stock Analysis
Blackstone Minerals Ltd
(ASX:BSX)
The score is driven primarily by weak financial performance (pre-revenue volatility, persistent and widening losses, and continued negative free cash flow), partially offset by a very low-leverage balance sheet. Technicals add further pressure with a clear downtrend versus key moving averages and negative MACD. Valuation is constrained by a negative P/E and no dividend yield support.
Blackstone Minerals Ltd (BSX) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 37.88M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.32M
- Price to Earnings (P/E)
- -2.7
- Beta (1Y)
- 1.18
- Revenue Growth
- ―
- EPS Growth
- 46.91%
- Country
- Australia
- Employees
- 8
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Blackstone Minerals Ltd Business Overview & Revenue Model
Company Description
Blackstone Minerals Limited focuses on the discovery and advancement of various mineral deposits. The company primarily targets valuable metals such as nickel, cobalt, copper, gold, platinum, and palladium. It fully owns the Gold Bridge project, a 36...
Blackstone Minerals Ltd Financial Statement Overview
Summary
Overall fundamentals are weak for an exploration-stage profile: revenue is minimal/volatile and fell to 0 in 2026, gross profit is consistently negative, and losses widened (net loss ~14.6m in 2026 vs ~9.7m in 2025). The main offset is a strong, low-leverage balance sheet (debt-to-equity ~0.0009 in 2026), but ongoing negative operating and free cash flow (~-8.9m and ~-9.0m in 2026) keeps funding/execute-to-commercialization risk elevated.
Income Statement
18Very NegativeBalance Sheet
63PositiveCash Flow
33Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 31.68K | 55.53K | 312.87K | 35.90K |
| Gross Profit | -54.54K | -54.54K | -869.34K | -1.11M | -996.49K | -1.12M |
| EBITDA | -12.02M | -12.02M | -10.09M | -20.72M | -34.58M | -34.84M |
| Net Income | -14.56M | -14.56M | -9.72M | -17.33M | -32.15M | -31.94M |
Balance Sheet | ||||||
| Total Assets | 118.54M | 118.54M | 83.65M | 19.25M | 36.72M | 70.13M |
| Cash, Cash Equivalents and Short-Term Investments | 13.74M | 13.74M | 582.89K | 4.16M | 12.56M | 40.75M |
| Total Debt | 77.21K | 77.21K | 241.60K | 1.12M | 436.92K | 699.23K |
| Total Liabilities | 1.24M | 1.24M | 3.67M | 2.99M | 6.33M | 6.62M |
| Stockholders Equity | 87.45M | 87.45M | 84.14M | 20.06M | 31.52M | 62.65M |
Cash Flow | ||||||
| Free Cash Flow | -8.98M | -8.98M | -5.94M | -14.97M | -27.98M | -36.42M |
| Operating Cash Flow | -8.93M | -8.93M | -5.94M | -13.72M | -27.91M | -35.82M |
| Investing Cash Flow | -252.37K | -252.37K | -811.42K | -723.88K | -249.46K | -10.19M |
| Financing Cash Flow | 21.96M | 21.96M | 3.19M | 6.20M | -294.24K | 65.03M |
Blackstone Minerals Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BSX, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 40.29 is Neutral, neither overbought nor oversold. The STOCH value of -20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BSX.
Blackstone Minerals Ltd Peers Comparison
Overall Rating
AU:AVL49Neutral
AU:E2544Neutral
AU:NNL44Neutral- AU:BSX43Neutral
AU:HAS40Underperform
AU:EMH34Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:AVL | 49Neutral | AUD 66.80M | -6.50 | -7.34% | ― | -100.00% | 22.03% |
| AU:E25 | 44Neutral | AUD 65.48M | -24.05 | -2.99% | ― | -100.00% | 70.00% |
| AU:NNL | 44Neutral | AUD 64.84M | -13.93 | -8.65% | ― | ― | 1.22% |
| AU:BSX | 43Neutral | AUD 37.54M | -2.67 | -16.19% | ― | ― | 46.91% |
| AU:HAS | 40Underperform | AUD 55.32M | -9.25 | -5.52% | ― | ― | 98.14% |
| AU:EMH | 34Underperform | AUD 33.29M | -3.37 | -25.49% | ― | ― | -100.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:BSX | Blackstone Minerals Ltd | 0.02 | -0.02 | -44.19% | |
| AU:AVL | Australian Vanadium Limited | 0.18 | -0.12 | -40.00% | |
| AU:E25 | Element 25 Limited | 0.19 | -0.12 | -38.71% | |
| AU:HAS | Hastings Technology Metals Limited | 0.20 | -0.37 | -64.16% | |
| AU:EMH | European Metals Holdings Limited | 0.13 | -0.08 | -39.53% | |
| AU:NNL | Nordic Nickel Limited | 0.17 | -0.02 | -10.53% |
Blackstone Minerals Ltd Corporate Events
Blackstone Minerals Shareholders Pass All Annual Meeting Resolutions
Blackstone Minerals reported that all resolutions at its 6 November 2026 annual general meeting passed on a shareholder poll. Shareholders approved the remuneration report, the elections of Gregory Cunnold and Mark Williams as directors, 10% placemen...
Blackstone Minerals Advances Mankayan PFS While Preserving Cash
Blackstone Minerals reported steady progress on pre-feasibility study work at its Mankayan Copper-Gold-Silver Project in the Philippines for the quarter ended 30 September 2026. The company finished the period with $12.2 million in cash and about $70...
Blackstone Minerals Moves AGM and Shareholder Communications Online
Blackstone Minerals will hold its Annual General Meeting on 6 November 2026 in West Perth, offering shareholders the option to attend in person or vote via proxy or online ahead of the meeting. The company is shifting to electronic distribution of me...
Blackstone Minerals Updates ASX Corporate Governance Disclosures
Blackstone Minerals Limited has lodged its updated corporate governance statement for the financial year ended 30 June 2026, confirming compliance with ASX Listing Rules regarding disclosure of governance practices. The statement, current as of 30 Se...
UBS Group AG Ceases to Be Substantial Holder in Blackstone Minerals
UBS Group AG and its related bodies corporate have notified Blackstone Minerals Ltd that they have ceased to be a substantial shareholder as of 23 September 2026. The change in UBS’s relevant interest in Blackstone’s voting securities, detailed in re...
Blackstone Sets 2026 AGM Date and Director Nomination Deadline
Blackstone Minerals has scheduled its next Annual General Meeting for 6 November 2026, aligning with ASX Listing Rule requirements. The company has set a 25 September 2026 deadline, by 5:00 p.m. WST, for shareholders to submit nominations for candida...
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: Nov 03, 2026