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St. Barbara Ltd. (AU:SBM)
ASX:SBM

St. Barbara (SBM) AI Stock Analysis

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AU

St. Barbara

(Sydney:SBM)

Rating:51Neutral
Price Target:
AU$0.50
▲(56.25%Upside)
St. Barbara Ltd.'s overall stock score is primarily impacted by its weak financial performance, with ongoing losses and negative cash flows. While technical analysis suggests some short-term bullish momentum, the negative valuation metrics highlight significant risks. The absence of earnings call insights and corporate events leaves these areas unaddressed, maintaining the focus on financial and technical analysis.

St. Barbara (SBM) vs. iShares MSCI Australia ETF (EWA)

St. Barbara Business Overview & Revenue Model

Company DescriptionSt Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold. It operates three operational business units, including Leonora Operations, Simberi Operations, and Atlantic Operations. The company also explores for silver deposits. Its properties include the Gwalia underground mine located in Leonora, Western Australia; the Simberi gold mine located in New Ireland province, Papua New Guinea; and Atlantic Gold operations in Nova Scotia, Canada. St Barbara Limited was incorporated in 1986 and is based in Perth, Australia.
How the Company Makes MoneySt. Barbara Ltd. generates revenue through the extraction and sale of gold. The company's primary revenue stream is derived from the sale of gold bullion, which is produced at its mining operations. These operations are strategically located to optimize extraction efficiency and cost-effectiveness. The company benefits from strategic partnerships and joint ventures that enhance its operational capabilities and market reach. Additionally, St. Barbara Ltd. invests in exploration activities to discover new gold reserves, ensuring long-term sustainability and profitability. The company also leverages favorable market prices and hedging strategies to stabilize its earnings against gold price volatility.

St. Barbara Financial Statement Overview

Summary
St. Barbara Ltd.'s financial performance shows substantial challenges, with ongoing losses and declining revenues. The income statement reflects negative profitability, while the balance sheet exhibits a declining equity ratio despite low leverage. Cash flow challenges with negative figures further underscore financial instability.
Income Statement
35
Negative
St. Barbara Ltd. has experienced a significant decline in revenue and profitability over recent years. The company's gross and net profit margins are negative, indicating losses. Revenue has decreased from previous years, and operating margins such as EBIT and EBITDA are also negative, reflecting operational inefficiencies. These trends suggest challenges in maintaining cost structures and market competitiveness.
Balance Sheet
55
Neutral
The balance sheet shows a moderate financial position with a relatively low debt-to-equity ratio, which suggests conservative leverage. However, the equity ratio has been declining, indicating a reduction in shareholder equity as a proportion of total assets. The company's ability to utilize equity efficiently, as seen in a low ROE, is a point of concern despite its low debt levels.
Cash Flow
40
Negative
St. Barbara Ltd. has faced declining free cash flow, with recent years showing negative figures, indicating cash outflows exceeding inflows. The operating cash flow is also negative, reflecting challenges in generating cash from operations. Despite this, the company had periods of positive operating cash flow, but the inconsistency poses a risk to financial stability.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
210.14M223.60M323.85M680.35M740.25M811.14M
Gross Profit
-35.81M-4.52M58.39M265.79M368.41M235.41M
EBIT
-69.75M-69.08M-161.98M-111.73M-22.12M173.87M
EBITDA
-58.09M-42.06M-583.93M-90.01M-61.90M341.07M
Net Income Common Stockholders
-59.77M-53.91M-429.20M-160.82M-176.60M128.23M
Balance SheetCash, Cash Equivalents and Short-Term Investments
129.13M145.87M293.94M98.51M133.37M411.54M
Total Assets
635.35M568.63M917.91M1.60B1.64B2.18B
Total Debt
5.14M7.53M12.88M171.64M109.25M331.77M
Net Debt
-124.00M-138.34M-281.07M73.13M-24.12M-73.78M
Total Liabilities
208.53M219.34M524.46M489.67M522.09M826.04M
Stockholders Equity
426.81M349.29M393.45M1.11B1.11B1.35B
Cash FlowFree Cash Flow
-120.53M-90.25M-33.80M-51.14M93.67M145.18M
Operating Cash Flow
-70.45M-57.41M51.90M87.66M227.10M279.53M
Investing Cash Flow
-31.57M-36.14M285.89M-170.01M-199.26M-896.88M
Financing Cash Flow
47.41M-3.54M-197.94M38.43M-293.78M147.37M

St. Barbara Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.32
Price Trends
50DMA
0.30
Positive
100DMA
0.27
Positive
200DMA
0.29
Positive
Market Momentum
MACD
0.01
Positive
RSI
46.12
Neutral
STOCH
12.98
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SBM, the sentiment is Neutral. The current price of 0.32 is below the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.30, and above the 200-day MA of 0.29, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 46.12 is Neutral, neither overbought nor oversold. The STOCH value of 12.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SBM.

St. Barbara Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUSBM
51
Neutral
$346.51M-15.72%
51
Neutral
$2.01B-1.27-21.11%5.15%2.92%-30.46%
$300.33M24.935.86%
€247.61M-7.25%
€241.51M-40.25%
AUWIA
38
Underperform
AU$327.66M-8.92%-58.33%
AUDTR
36
Underperform
AU$296.06M-92.30%-100.00%65.31%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SBM
St. Barbara
0.32
0.11
50.00%
ALKEF
Alkane Resources Ltd
0.50
0.13
35.14%
DE:1KX0
Meeka Gold Limited
0.11
0.09
450.00%
DE:MN4A
Turaco Gold Ltd
0.24
0.13
118.18%
AU:WIA
WIA Gold Limited
0.24
0.14
140.00%
AU:DTR
Dateline Resources Limited
0.08
0.07
700.00%

St. Barbara Corporate Events

St Barbara Awaits Decision on Simberi Mining Lease Renewal
Jun 17, 2025

St Barbara Limited has announced that the Mining Advisory Council will consider its application for the early renewal of the Simberi Mining Lease at the June 2025 meeting. This step is crucial for the company as it aims to unlock the Sulphide Ore Reserves at Simberi and increase gold production to over 200,000 ounces annually. The renewal process has seen strong support from local stakeholders and government bodies, highlighting its importance to the company’s strategic goals.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Updates FY25 Production and Cost Guidance Amid Rainfall Disruptions
Jun 17, 2025

St Barbara Limited has updated its production and cost guidance for FY25, expecting gold production for the fourth quarter to be between 14,000 and 15,000 ounces. This update follows high rainfall events that disrupted operations at the Pigibo Central pit, causing a temporary loss of access and shifting some production into July. Despite these challenges, the company does not anticipate significant impacts on its cash and bullion balances, as it plans to utilize excess gold-in-circuit balances. The company remains free of bank debt and hedging, and while alternative stockpile sources are being used, they are of lower quality, affecting gold recoveries.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Limited Requests Trading Halt Amid Production Challenges
Jun 16, 2025

St Barbara Limited, a mining company, has requested a trading halt on its securities due to expected announcements regarding a reduction in production guidance for its Simberi operations. This halt is in response to high rainfall affecting ore production and will remain until the company releases further details or normal trading resumes.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Limited Acquires Substantial Stake in Geopacific Resources
Jun 9, 2025

St Barbara Limited has become a substantial holder in Geopacific Resources Limited, acquiring a 14.409% voting power through a transaction involving 458,565,351 fully paid ordinary shares. This acquisition was made via a Share Buy Back Agreement with Patronus Resources Limited and Patronus Invest Pty Ltd, indicating a strategic move to strengthen its position in the mining sector.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

Patronus Resources Announces Strategic Share Buyback and Asset Exchange with St Barbara
Jun 5, 2025

Patronus Resources has announced a selective buyback of 158,125,983 shares from St Barbara Limited, representing a 9.66% concentration of its share register. This move is part of a transaction where Patronus will transfer shares in Geopacific Resources to St Barbara, aligning with St Barbara’s strategy to enhance its portfolio value. The transaction is expected to benefit all parties involved, including shareholders of Patronus, Geopacific, and St Barbara, by removing market overhang and enhancing project exposure.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Swaps Patronus Shares for Geopacific Stake
Jun 5, 2025

St Barbara Limited has reached an agreement with Patronus Resources for a selective buyback of its 158.1 million shares, which will be exchanged for shares in Geopacific Resources. This move aligns with St Barbara’s strategy of active portfolio management and aims to leverage its expertise in the Simberi epithermal system to support Geopacific’s exploration efforts at the Woodlark Project. The transaction is subject to approval by Patronus shareholders and an independent expert report. If approved, St Barbara’s investment portfolio will include significant holdings in Geopacific, Brightstar Resources, and Peel Mining, enhancing its market positioning.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.39 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Extends Gold Exploration Targets in Papua New Guinea
Jun 5, 2025

St Barbara Limited has announced significant findings from its exploration program on Southwest Tatau Island, Papua New Guinea. The program revealed highly anomalous gold results from soil and rock chip sampling, extending the gold anomalies to an area of 7.3 km². This discovery suggests the presence of a large hydrothermal system, enhancing the exploration potential of the area. The company plans further exploration activities, including trenching and drilling, to capitalize on these promising results.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.39 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

Schroder Investment Management Ceases Substantial Holding in St Barbara Ltd
May 21, 2025

St Barbara Ltd has announced that Schroder Investment Management Australia Limited and its related bodies corporate have ceased to be substantial holders in the company as of May 19, 2025. This change involved the sale of 2,131,870 ordinary shares, valued at $620,864.50. The adjustment in holdings may impact the company’s shareholder composition and influence future voting outcomes.

The most recent analyst rating on (AU:SBM) stock is a Buy with a A$0.28 price target. To see the full list of analyst forecasts on St. Barbara stock, see the AU:SBM Stock Forecast page.

St Barbara Confirms Enhanced Production and Extended Mine Life for Simberi Expansion
Apr 29, 2025

St Barbara Limited has announced the completion of its Pre-Feasibility Study for the Simberi Expansion Project, which confirms a significant increase in gold production and an extended mine life. The project is expected to produce an average of 220,000 ounces of gold per year over eight years, with a total production of 2.2 million ounces from FY26 to FY38. The expansion involves upgrading the existing processing facilities to handle fresh sulphide ore, which will include the installation of a flotation circuit and additional infrastructure. The project aims to lower operating costs and deliver substantial value to shareholders, with a targeted Financial Investment Decision in the first half of FY 2026.

St. Barbara Advances Simberi Expansion and Atlantic Gold Separation
Apr 29, 2025

St. Barbara has announced significant developments in its Simberi Expansion Project, which is expected to increase annual gold production to over 200,000 ounces by FY28, with a 13-year life of mine plan. The company has received strong community support for the renewal of its mining lease and is progressing with various pre-expansion growth projects. Financially, St. Barbara reported a strong cash position with no bank debt, and it is addressing a tax assessment objection with the PNG Internal Revenue Commission. The company is also advancing the separation of its Atlantic Gold operations to maximize shareholder value.

St. Barbara Ltd. Gains Community Support for Simberi Mining Lease Renewal
Apr 10, 2025

St. Barbara Ltd. announced a successful public hearing for the early renewal of the Simberi Mining Lease, with strong community support for the proposal and the enhanced royalty benefits package for the sulphide expansion phase. This renewal is crucial for unlocking the 2.7Moz Sulphide Ore Reserve at Simberi and aims to increase gold production to over 200,000 ounces annually, reflecting the company’s strategic growth in the gold mining sector.

Schroder Investment Management Acquires Substantial Stake in St. Barbara Ltd
Apr 9, 2025

Schroder Investment Management Australia Limited, along with its related bodies corporate, has become a substantial holder in St. Barbara Ltd, acquiring a 5.12% voting power through the purchase of 55,424,157 ordinary shares. This acquisition signifies a notable investment in St. Barbara Ltd, potentially impacting the company’s market positioning and stakeholder interests, as Schroder Investment Management’s involvement may bring strategic insights and financial influence to the company’s operations.

St. Barbara Ltd. Announces Cessation of Performance Rights
Apr 7, 2025

St. Barbara Ltd. has announced the cessation of 362,783 performance rights due to the lapse of conditional rights that were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders regarding the company’s ability to meet performance conditions.

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.