St Barbara Limited (SBM) Report Analysis
Corporate Events
St Barbara to Commence Strategic Review of Simberi Operations
2022-06-22 14:04:00
Approval for the Simberi Sulphide Project has been endorsed and signed by the Minister for Environment and Conservation and Climate Change and is now in the final stage of being formally issued by the Conservation & Environmental Protection Authority (CEPA) of Papua New Guinea. The front end engineering and design (FEED) study has continued while it awaits the permit including finalising the mine design for the preferred pit development sequence and seeking to confirm a reliable capital cost estimate in a volatile pricing environment. The well-publicised significant cost inflationary pressures currently being experienced in the global project construction market, together with some project scope changes are resulting in a significant increase in the capital cost estimate relative to that calculated in the Feasibility Study. St Barbara Limited (ASX:SBM) has decided to commence a strategic review of St Barbara's investment in the Simberi Operation and defer the Final Investment Decision in the Sulphide Expansion project. St Barbara faces capital investments at each of its three operations in the next two years. This strategic review will assess the best allocation of capital for risk and return compared with the Company's other projects. St Barbara has received unsolicited enquiries from potential investors in Simberi and anticipates the Sulphide Expansion project to proceed either under St Barbara or different ownership.
St Barbara Limited Announces Resignation of Steven Dea as Non-Executive Director
2022-06-08 22:50:00
St Barbara Limited advised that Mr. Steven Dean has resigned from his role as a non-executive director, effective immediately, as he has chosen to focus his efforts on his role as Chairman and Chief Executive Officer of Artemis Gold Inc. The Board has agreed to not appoint a replacement director to the Board at the current time.
Genesis, St Barbara Rumours Simmer
2022-06-08 07:18:00
Genesis Minerals Limited (ASX:GMD) has addressed media speculation regarding potential merger and acquisition activity with St Barbara Limited (ASX:SBM). Genesis took to the ASX in response to a column published in the Australian Financial Review earlier this week that hinted Genesis and St Barbara had been in takeover talks. In a statement, Genesis confirmed that it had reviewed a number of "business development opportunities" focused on Western Australia's Leonora region, which hosts the company's namesake flagship. But it stopped short of confirming whether a deal was likely to eventuate. "Genesis advises that it has reviewed a number of business development opportunities in the Leonora region of Western Australia, including merger and acquisition discussions with St Barbara," Genesis said.
St Barbara Limited Presents at 24th Annual Macquarie Australia Conference, May-05-2022
2022-05-05 02:39:00
St Barbara Limited Presents at 24th Annual Macquarie Australia Conference, May-05-2022 . Speakers: Lucas Welsh, Chief Financial Officer.
St Barbara Limited Provides Consolidated Production Guidance for the Fiscal Year Ending June 30, 2022
2022-04-27 22:22:00
St Barbara Limited provided consolidated production guidance for the fiscal year ending June 30, 2022. For the year, the company expects Consolidated Gold Production to be between 275,000 oz to 290,000 oz.
Macquarie Group Limited, 24th Annual Macquarie Australia Conference, May 03, 2022
2022-04-27 16:15:00
Macquarie Group Limited, 24th Annual Macquarie Australia Conference, May 03, 2022.
St Barbara Limited, Q3 2022 Earnings Call, Apr 28, 2022
2022-04-25 22:36:00
St Barbara Limited, Q3 2022 Earnings Call, Apr 28, 2022
St Barbara Limited (ASX:SBM) completed the acquisition of Bardoc Gold Limited (ASX:BDC).
2022-04-04 00:00:00
St Barbara Limited (ASX:SBM) entered into a binding scheme implementation deed to acquire Bardoc Gold Limited (ASX:BDC) for approximately AUD 160 million on December 19, 2021. As part of the consideration, Bardoc shareholders will receive 0.3604 new St Barbara shares for each Bardoc share. Upon implementation of the Scheme, St Barbara shareholders will own 87% of the combined entity and Bardoc shareholders will own the remaining 13%. If terminated, Bardoc has to pay a break fee of AUD 1.5 million to St Barbara. The transaction is subject to an independent expert concluding that the Scheme is in the best interests of Bardoc shareholders and not changing, withdrawing or qualifying that conclusion; approval of Bardoc shareholders; court approval, regulatory approval and other customary conditions. The Bardoc Board of Directors unanimously recommends to Bardoc shareholders to approve the transaction. As of March 30, 2022, Bardoc Gold's shareholders approved the transaction. As of April 1, 2022, Supreme Court of Western Australia approved the transaction. The transaction is expected to close on April 14, 2022. Macquarie Capital (Australia) Limited acted as financial advisor and Heath Lewis of King & Wood Mallesons acted as legal advisor to St Barbara. Argonaut PCF acted as financial advisor and Jonathan Murray of Steinepreis Paganin acted as legal advisor to Bardoc Gold. St Barbara Limited (ASX:SBM) completed the acquisition of Bardoc Gold Limited (ASX:BDC) on April 4, 2022. Tony Leibowitz, Neil Biddle, Rowan Johnston, Peter Buttigieg and John Young have resigned as directors of Bardoc and Craig Jetson, Lucas Welsh and Andrew Strelein have been appointed as new directors of Bardoc.
Ord Minnett Group Limited, Ord Minnett Conference, Mar 31, 2022
2022-03-30 20:20:00
Ord Minnett Group Limited, Ord Minnett Conference, Mar 31, 2022.
St Barbara Limited Presents at Ord Minnett Conference, Mar-31-2022
2022-03-30 20:20:00
St Barbara Limited Presents at Ord Minnett Conference, Mar-31-2022 .
Bardoc Gold Limited, St Barbara Limited - M&A Call
2021-12-20 02:43:00
To discuss on the Bardoc Acquisition and accelerated Leonora Province Plan
St Barbara Limited (ASX:SBM) entered into a binding scheme implementation deed to acquire Bardoc Gold Limited (ASX:BDC) for approximately AUD 160 million.
2021-12-20 00:00:00
St Barbara Limited (ASX:SBM) entered into a binding scheme implementation deed to acquire Bardoc Gold Limited (ASX:BDC) for approximately AUD 160 million on December 19, 2021. As part of the consideration, Bardoc shareholders will receive 0.3604 new St Barbara shares for each Bardoc share. Upon implementation of the Scheme, St Barbara shareholders will own 87% of the combined entity and Bardoc shareholders will own the remaining 13%. If terminated, Bardoc has to pay a break fee of AUD 1.5 million to St Barbara. The transaction is subject to an independent expert concluding that the Scheme is in the best interests of Bardoc shareholders and not changing, withdrawing or qualifying that conclusion; approval of Bardoc shareholders; court approval, regulatory approval and other customary conditions. The Bardoc Board of Directors unanimously recommends to Bardoc shareholders to approve the transaction. As of March 30, 2022, Bardoc Gold's shareholders approved the transaction. As of April 1, 2022, Supreme Court of Western Australia approved the transaction. The transaction is expected to close on April 14, 2022. Macquarie Capital (Australia) Limited acted as financial advisor and Heath Lewis of King & Wood Mallesons acted as legal advisor to St Barbara. Argonaut PCF acted as financial advisor and Jonathan Murray of Steinepreis Paganin acted as legal advisor to Bardoc Gold.
St Barbara Appoints Peter Cowley to the Role of Chief Operating Officer of Australasia
2021-10-25 00:01:00
St Barbara appointed Peter Cowley to the role of Chief Operating Officer of Australasia.
St Barbara Limited (ASX:SBM) cancelled the acquisition of the remaining 80.2% stake in Kin Mining NL (ASX:KIN).
2021-10-07 00:00:00
St Barbara Limited (ASX:SBM) made a non-binding indicative offer to acquire the remaining 80.2% stake in Kin Mining NL (ASX:KIN) on October 7, 2021. Pursuant to the terms of the offer, St Barbara Limited would acquire Kin Mining NL shares at a price of AUD 0.16 per share, through the issuance of St Barbara Limited shares. The offer is subject to a number of conditions, including no leak or public disclosure of the offer, due diligence, the unanimous recommendation of Kin Mining NL Board, the execution of a scheme implementation agreement between St Barbara Limited and Kin Mining NL containing exclusivity mechanisms, and no further issuance of equity securities by Kin. The proposed transaction, if it had been implemented, would amongst other things have required the approval by a majority of shareholders (other than St Barbara Limited) holding 75% of the shares voting in favor of the proposed transaction at the scheme meeting. The Kin Mining NL Board considered the offer, engaged with St Barbara Limited, and canvassed the views of its major and substantial shareholders other than St Barbara Limited who collectively hold in excess of 25% of the total Kin Mining NL shares on issue. The Board determined that the proposed offer could not progress because the proposed transaction was not acceptable to the major and substantial shareholders other than St Barbara Limited, and therefore would not have been approved by the requisite 75% voting majority of Kin Mining NL’s shareholders. Accordingly, St Barbara Limited has notified Kin Mining NL that it has withdrawn the offer. Euroz Hartleys Limited acted as financial advisor to Kin Mining NL in relation to the offer. St Barbara Limited (ASX:SBM) cancelled the acquisition of the remaining 80.2% stake in Kin Mining NL (ASX:KIN) on October 7, 2021.
St Barbara Limited to Report Q3, 2022 Results on Apr 28, 2022
2021-10-05 05:34:00
St Barbara Limited announced that they will report Q3, 2022 results on Apr 28, 2022
St Barbara Limited to Report Q1, 2022 Results on Oct 25, 2021
2021-09-30 05:22:00
St Barbara Limited announced that they will report Q1, 2022 results on Oct 25, 2021
St Barbara Limited - Shareholder/Analyst Call
2021-09-16 22:56:00
AGM
St Barbara Limited Proposes Amendments to the Constitution
2021-09-16 22:56:00
St Barbara Limited announced that at its Annual General Meeting to be held on October 27, 2021, proposed amendments to the Company's Constitution.
St Barbara Limited, Q1 2022 Earnings Call, Oct 25, 2021
2021-09-15 02:21:00
St Barbara Limited, Q1 2022 Earnings Call, Oct 25, 2021
St Barbara Limited, 0.02 (AUD), Cash Dividend, Sep-08-2021
2021-08-26 00:00:00
St Barbara Limited, 0.02 (AUD), Cash Dividend, Sep-08-2021
St Barbara Limited Provides Consolidated Gold Production Guidance for Fiscal Year 2022
2021-08-25 22:48:00
St Barbara Limited provided consolidated gold production guidance for fiscal year 2022. The company expects consolidated gold production between 305,000 and 355,000 ounces at an AISC of between AUD 1,710 and AUD 1,860 per ounce.
St Barbara Limited Declares Fully Franked Final Dividend for the Financial Year Ended June 30, 2021, Payable on 30 September 2021
2021-08-25 22:09:00
Subsequent to year end, the directors of St Barbara Limited have declared a fully franked final dividend in relation to the Financial Year Ended June 30, 2021 of 2 cents per ordinary share, to be paid on 30 September 2021.
St Barbara Limited, 2021 Earnings Call, Aug 26, 2021
2021-08-20 09:12:00
St Barbara Limited, 2021 Earnings Call, Aug 26, 2021
St Barbara Limited Reports Consolidated Production Guidance for Fiscal Year 2022
2021-07-27 22:26:00
St Barbara Limited reported consolidated production guidance for fiscal year 2022. For the year, consolidated gold production of between 305,000 and 355,000 ounces at an AISC of between AUD 1,710 and AUD 1,860 per ounce.
St Barbara Limited (ASX:SBM) acquired 19.8% stake in Kin Mining NL (ASX:KIN) from Harman Family Trust and others for AUD 25.3 million.
2021-07-14 00:00:00
St Barbara Limited (ASX:SBM) acquired 19.8% stake in Kin Mining NL (ASX:KIN) from Harman Family Trust and others for AUD 25.3 million on July 14, 2021. Under the terms, St Barbara acquired 158,125,983 shares of Kin Mining. Harman Family Trust sold Harman Family Trust. St Barbara Limited (ASX:SBM) completed the acquisition of 19.8% stake in Kin Mining NL (ASX:KIN) from Harman Family Trust and others on July 14, 2021.
St Barbara Limited Announces CFO Changes, Effective August 27, 2021
2021-07-05 03:41:00
St Barbara Limited announced the appointment of Mr. Lucas Welsh as Chief Financial Officer, effective 27 August 2021. Mr. Welsh will succeed Mr. Garth Campbell-Cowan who has been the Chief Financial Officer (CFO) since September 2006. Mr. Campbell-Cowan is leaving the Company to pursue other opportunities. Mr. Campbell-Cowan will remain with the Company until 10 September 2021 to ensure a smooth transition to his successor and will overseethe release of the Company's FY21 full year results in August 2021.
St Barbara Limited, Q4 2021 Earnings Call, Jul 28, 2021
2021-07-01 02:25:00
St Barbara Limited, Q4 2021 Earnings Call, Jul 28, 2021
Fundamental Summary
At a high level, the metrics from St Barbara's Q4 financial report release were demonstrably negative. Their income and value factors performance indicate that company management is missing the critical targets and not executing well. These troubling results make a strong case for underperformance and for anticipating a significant downside. We therefore gave St Barbara a total score of 59 out of 100 and a UNDERPERFORM recommendation.
St Barbara reported consolidated production results for the third quarter and nine months ended March 31, 2022. For the quarter, the company reported consolidated Gold production of 61,819 oz against 82,303 oz a year ago. For the nine months, the company reported consolidated Gold production of 194,343 oz.
Business Description
St Barbara, 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 was founded in 1969 and is based in Melbourne, Australia.
Sector Overview
St Barbara is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. St Barbara's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | -16.2 | -13.2% | 53 | |
| Net Cashflow | -25.0 | 90.8% | 54 | |
| Capital Expenditure | -135.0 | -1.2% | 71 | |
| Asset Turnover | 0.4 | 0.9% | 55 | |
| Free Cashflow | 0.0 | -81.6% | 46 |
* All values are TTM
The below chart reflects St Barbara's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While St Barbara's peer average final assessment score stands on 69.0, St Barbara's score is 59.
- SBM
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. St Barbara's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), St Barbara's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.
5D MA
0.85
50D MA
1.2
200D MA
1.37
MACD
-0.1
RSI
2.93
STOCH
7.23
Balance Sheet Analysis
A few metrics from St Barbara's current balance sheet were especially concerning: Cash & Equivalents and Equity. St Barbara reported concerning cash and cash equivalents metrics in this filing. Specifically, they reported that cash and cash equivalents were 93.7, representing a -29.8% change from the last period. Their anemic growth in cash and cash equivalents, specifically in contrast to their industry peers' performance, should hurt their stock price. Discouraging results like these statistically lead to negative pressure in stock prices, so we rated their cash and cash equivalents with a score of 49. Also, St Barbara reported weak equity changes momentum this period. At filing, equity was reported as 1120.7, representing 0.6% change from the previous report. This parameter often affects companies in the same industry and market capitalization by up to 5.9%. This performance is significantly less impressive than its peers and competitors. Its equity movement component, therefore, received a grade of 51. On the other hand, Liabilities, jumped out as looking rather positive. St Barbara has done an excellent job managing its liabilities. St Barbara's liabilities stood at 546.2 in the current filing, which represents a 4.6% change from the previous report. These numbers show that management has successfully encouraged growth while managing liabilities, especially relative to their peers. Therefore, we rated their liabilities movement with a score of 80. Therefore, it received a cautionary score of 53.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 1,666.9 | 1.9% | 69 |
| Liabilities | 546.2 | 4.6% | 80 |
| Price to Book | 0.5 | -50.1% | 61 |
| Cash & Equivalents | 93.7 | -29.8% | 49 |
| Equity | 1,120.7 | 0.6% | 51 |
The below chart describes St Barbara's performance as reflected on its balance sheet with respect to its peers. While St Barbara received a balance sheet score of 53, the average of its peers stands on 69.0.
- SBM
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 74 | 92 | 47 | 52 | 76 | 58 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 83 | 66 | 68 | 55 | 69 | 65 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 85 | 72 | 46 | 46 | 73 | 52 | 2 | 1 |
| South32 Limited | 18.7B | 74 | 73 | 80 | 79 | 74 | 84 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 83 | 73 | 52 | 42 | 90 | 55 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 74 | 59 | 77 | 62 | 68 | 70 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 87 | 70 | 56 | 48 | 65 | 56 | 6 | 1 |
| IGO Limited | 7.8B | 43 | 37 | 80 | 42 | 63 | 50 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 64 | 75 | 87 | 90 | 68 | 85 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 87 | 59 | 81 | 87 | 56 | 86 | 9 | 1 |
| Allkem Limited | 6.9B | 53 | 64 | 44 | 65 | 89 | 57 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 87 | 72 | 72 | 69 | 72 | 74 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 47 | 57 | 76 | 96 | 54 | 82 | 12 | 1 |
| Alumina Limited | 4.4B | 51 | 69 | 50 | 46 | 84 | 50 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 81 | 62 | 51 | 97 | 87 | 84 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 76 | 66 | 87 | 69 | 53 | 77 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 70 | 37 | 60 | 97 | 92 | 86 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 44 | 56 | 87 | 85 | 71 | 83 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 41 | 44 | 72 | 50 | 70 | 54 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 99 | 56 | 82 | 98 | 66 | 95 | 19 | 1 |
| Sims Limited | 2.7B | 85 | 72 | 83 | 49 | 57 | 68 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 80 | 69 | 68 | 76 | 73 | 77 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 43 | 55 | 82 | 97 | 37 | 81 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 81 | 70 | 73 | 82 | 66 | 81 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 99 | 79 | 61 | 75 | 68 | 77 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 41 | 64 | 87 | 87 | 73 | 82 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 37 | 55 | 82 | 94 | 66 | 83 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 98 | 78 | 39 | 46 | 89 | 54 | 27 | 1 |
| Grange Resources Limited | 1.5B | 54 | 70 | 51 | 71 | 92 | 65 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 69 | 59 | 81 | 91 | 65 | 86 | 29 | 1 |
| West African Resources Limited | 1.3B | 92 | 56 | 81 | 92 | 42 | 87 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 69 | 62 | 62 | 71 | 57 | 66 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 44 | 49 | 79 | 69 | 48 | 66 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 83 | 72 | 56 | 65 | 60 | 64 | 33 | 1 |
| Lake Resources NL | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 35 | 1 |
| Regis Resources Limited | 1.1B | 77 | 74 | 51 | 48 | 63 | 53 | 36 | 1 |
| Piedmont Lithium Inc. | 1.1B | 97 | 54 | 82 | 97 | 39 | 88 | 37 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 44 | 83 | 54 | 45 | 37 | 47 | 38 | 1 |
| ioneer Ltd | 867.9M | 98 | 56 | 80 | 86 | 52 | 85 | 39 | 1 |
| Syrah Resources Limited | 856.9M | 63 | 75 | 38 | 46 | 94 | 49 | 40 | 1 |
| Equigold NL | 854.0M | 57 | 46 | 86 | 50 | 45 | 50 | 41 | 1 |
| Ramelius Resources Limited | 828.4M | 67 | 41 | 78 | 48 | 49 | 56 | 42 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 39 | 53 | 80 | 74 | 41 | 67 | 43 | 1 |
| Jervois Global Limited | 813.1M | 71 | 71 | 44 | 94 | 95 | 78 | 44 | 1 |
| Mincor Resources NL | 808.9M | 83 | 78 | 43 | 62 | 56 | 62 | 45 | 1 |
| Imdex Limited | 796.9M | 59 | 69 | 83 | 61 | 75 | 71 | 46 | 1 |
| Bellevue Gold Limited | 722.0M | 96 | 56 | 81 | 87 | 42 | 84 | 47 | 1 |
| Emerald Resources NL | 679.4M | 51 | 58 | 80 | 51 | 57 | 60 | 48 | 1 |
| Red 5 Limited | 671.6M | 49 | 45 | 39 | 55 | 96 | 47 | 49 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 85 | 79 | 39 | 60 | 87 | 60 | 50 | 1 |
| Mount Gibson Iron Limited | 629.5M | 94 | 76 | 39 | 41 | 74 | 48 | 51 | 1 |
| Westgold Resources Limited | 575.3M | 77 | 65 | 55 | 47 | 73 | 54 | 52 | 1 |
| OM Holdings Limited | 563.6M | 84 | 69 | 84 | 81 | 50 | 84 | 53 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 44 | 69 | 55 | 46 | 84 | 51 | 54 | 1 |
| Neometals Ltd | 531.9M | 97 | 77 | 46 | 50 | 97 | 60 | 55 | 1 |
| Adriatic Metals PLC | 528.8M | 78 | 74 | 55 | 64 | 78 | 66 | 56 | 1 |
| Argosy Minerals Limited | 467.8M | 78 | 74 | 55 | 64 | 78 | 66 | 57 | 1 |
| Perenti Global Limited | 461.4M | 68 | 71 | 51 | 61 | 74 | 60 | 58 | 1 |
| Champion Iron Limited | 441.1M | 66 | 49 | 73 | 47 | 67 | 58 | 59 | 1 |
| Panoramic Resources Limited | 420.4M | 78 | 75 | 43 | 58 | 85 | 58 | 60 | 1 |
| Hastings Technology Metals Limited | 404.8M | 75 | 72 | 56 | 67 | 67 | 65 | 61 | 1 |
| Alkane Resources Limited | 402.0M | 45 | 56 | 83 | 88 | 40 | 78 | 62 | 1 |
| Centaurus Metals Limited | 397.2M | 78 | 74 | 55 | 64 | 78 | 66 | 63 | 1 |
| Bowen Coking Coal Limited | 385.5M | 78 | 74 | 55 | 64 | 78 | 66 | 64 | 1 |
| Jupiter Mines Limited | 372.2M | 63 | 93 | 46 | 52 | 80 | 66 | 65 | 1 |
| Galan Lithium Limited | 362.2M | 78 | 74 | 55 | 64 | 78 | 66 | 66 | 1 |
| Talga Group Ltd | 359.9M | 90 | 78 | 38 | 45 | 95 | 53 | 67 | 1 |
| BCI Minerals Limited | 349.8M | 86 | 73 | 58 | 67 | 82 | 71 | 68 | 1 |
| Metals X Limited | 344.8M | 90 | 77 | 50 | 67 | 80 | 68 | 69 | 1 |
| Pantoro Limited | 330.8M | 78 | 74 | 55 | 64 | 78 | 66 | 70 | 1 |
| Aurelia Metals Limited | 327.8M | 85 | 69 | 59 | 60 | 72 | 65 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 47 | 61 | 72 | 78 | 44 | 68 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 78 | 74 | 55 | 64 | 78 | 66 | 73 | 1 |
| Firefinch Limited | 236.2M | 78 | 74 | 55 | 64 | 78 | 66 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 78 | 74 | 55 | 64 | 78 | 66 | 75 | 1 |
Income Statement Analysis
St Barbara's income statement showed strong financials, specifically Revenue Efficiency and EBITDA. St Barbara did an excellent job managing its revenue efficiency this past period. St Barbara's revenue efficiency is 707.5 according to the metrics in the current filing, which represents a -4.4% change from the previous report. This parameter often affects companies in the same industry and market capitalization by up to 24.0%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. Consequently, their revenue efficiency received a grade of 93. Also, St Barbara's management was effective in improving its EBIDTA, which now sits at 270.7 and represents a -13.1% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 20.0%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. Consequently, their EBITDA movement received a grade of 56. That said, one metric, Return Factors, stood out as strongly negative. Return factors metrics and ratios were disappointing in this report. St Barbara reported a return on equity (ROE) ratio of -16.2, representing a change of -13.2% from the last report.change of -13.2% from the previous period. This metric might have a 10.6 percent impact on companies in the same industry and with the same market capitalization. They does not yet appear to be headed in the right direction regarding these return on equity and return on assets metrics. Its return factors (ROA & ROE) components, therefore, received a grade of 53. their income statement received an overall score of 70.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 270.7 | -13.1% | 56 |
| Total Revenues | 707.5 | -4.4% | 93 |
| Return on Equity | -16.2 | -13.2% | 53 |
The below chart describes St Barbara's performance as reflected on its income statement with respect to its peers. While St Barbara received a income statement score of 70 , the average of its peers stands on 70.0.
- SBM
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 64 | 79 | 79 | 71 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 58 | 78 | 75 | 67 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 95 | 45 | 48 | 66 | 2 | 1 |
| South32 Limited | 18.7B | 47 | 94 | 95 | 72 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 94 | 42 | 44 | 63 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 50 | 91 | 83 | 69 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 48 | 66 | 68 | 56 | 6 | 1 |
| IGO Limited | 7.8B | 98 | 72 | 48 | 78 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 86 | 71 | 66 | 72 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 38 | 96 | 96 | 69 | 9 | 1 |
| Allkem Limited | 6.9B | 46 | 75 | 74 | 61 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 48 | 82 | 82 | 66 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 94 | 46 | 43 | 64 | 12 | 1 |
| Alumina Limited | 4.4B | 87 | 73 | 76 | 79 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 39 | 88 | 45 | 61 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 50 | 62 | 89 | 60 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 37 | 89 | 91 | 97 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 39 | 98 | 97 | 74 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 66 | 61 | 55 | 60 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 87 | 63 | 41 | 68 | 19 | 1 |
| Sims Limited | 2.7B | 45 | 90 | 92 | 69 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 94 | 50 | 52 | 68 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 87 | 78 | 91 | 84 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 42 | 88 | 83 | 65 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 45 | 83 | 66 | 61 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 64 | 73 | 74 | 69 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 87 | 47 | 81 | 70 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 99 | 65 | 76 | 81 | 27 | 1 |
| Grange Resources Limited | 1.5B | 74 | 61 | 61 | 64 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 37 | 98 | 97 | 69 | 29 | 1 |
| West African Resources Limited | 1.3B | 43 | 84 | 63 | 59 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 95 | 42 | 41 | 63 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 44 | 45 | 76 | 47 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 94 | 48 | 49 | 67 | 33 | 1 |
| Lake Resources NL | 1.2B | 87 | 62 | 66 | 73 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 87 | 62 | 66 | 73 | 35 | 1 |
| Regis Resources Limited | 1.1B | 65 | 50 | 45 | 53 | 36 | 1 |
| Piedmont Lithium Inc. | 1.1B | 87 | 63 | 68 | 77 | 37 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 74 | 37 | 56 | 58 | 38 | 1 |
| ioneer Ltd | 867.9M | 87 | 55 | 60 | 69 | 39 | 1 |
| Syrah Resources Limited | 856.9M | 38 | 67 | 62 | 50 | 40 | 1 |
| Equigold NL | 854.0M | 79 | 44 | 91 | 65 | 41 | 1 |
| Ramelius Resources Limited | 828.4M | 94 | 51 | 48 | 68 | 42 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 87 | 67 | 84 | 78 | 43 | 1 |
| Jervois Global Limited | 813.1M | 37 | 94 | 93 | 71 | 44 | 1 |
| Mincor Resources NL | 808.9M | 98 | 57 | 59 | 77 | 45 | 1 |
| Imdex Limited | 796.9M | 77 | 60 | 56 | 56 | 46 | 1 |
| Bellevue Gold Limited | 722.0M | 87 | 44 | 83 | 69 | 47 | 1 |
| Emerald Resources NL | 679.4M | 37 | 96 | 94 | 68 | 48 | 1 |
| Red 5 Limited | 671.6M | 95 | 58 | 66 | 75 | 49 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 93 | 58 | 67 | 74 | 50 | 1 |
| Mount Gibson Iron Limited | 629.5M | 99 | 62 | 66 | 78 | 51 | 1 |
| Westgold Resources Limited | 575.3M | 84 | 58 | 43 | 65 | 52 | 1 |
| OM Holdings Limited | 563.6M | 50 | 96 | 97 | 75 | 53 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 91 | 62 | 66 | 74 | 54 | 1 |
| Neometals Ltd | 531.9M | 87 | 66 | 56 | 72 | 55 | 1 |
| Adriatic Metals PLC | 528.8M | 87 | 62 | 66 | 73 | 56 | 1 |
| Argosy Minerals Limited | 467.8M | 87 | 62 | 66 | 73 | 57 | 1 |
| Perenti Global Limited | 461.4M | 73 | 81 | 87 | 78 | 58 | 1 |
| Champion Iron Limited | 441.1M | 95 | 50 | 45 | 71 | 59 | 1 |
| Panoramic Resources Limited | 420.4M | 95 | 50 | 62 | 71 | 60 | 1 |
| Hastings Technology Metals Limited | 404.8M | 90 | 51 | 53 | 68 | 61 | 1 |
| Alkane Resources Limited | 402.0M | 68 | 74 | 74 | 70 | 62 | 1 |
| Centaurus Metals Limited | 397.2M | 87 | 62 | 66 | 73 | 63 | 1 |
| Bowen Coking Coal Limited | 385.5M | 87 | 62 | 66 | 73 | 64 | 1 |
| Jupiter Mines Limited | 372.2M | 96 | 46 | 50 | 81 | 65 | 1 |
| Galan Lithium Limited | 362.2M | 87 | 62 | 66 | 73 | 66 | 1 |
| Talga Group Ltd | 359.9M | 87 | 40 | 47 | 60 | 67 | 1 |
| BCI Minerals Limited | 349.8M | 94 | 47 | 56 | 68 | 68 | 1 |
| Metals X Limited | 344.8M | 94 | 84 | 79 | 87 | 69 | 1 |
| Pantoro Limited | 330.8M | 87 | 62 | 66 | 73 | 70 | 1 |
| Aurelia Metals Limited | 327.8M | 68 | 58 | 49 | 58 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 88 | 51 | 48 | 65 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 87 | 62 | 66 | 73 | 73 | 1 |
| Firefinch Limited | 236.2M | 87 | 62 | 66 | 73 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 87 | 62 | 66 | 73 | 75 | 1 |
Cash Flow Analysis
St Barbara's most recent cash flow report was not encouraging. St Barbara's published free cash flow numbers were subpar and could mean that management has lost focus on achieving healthy growth. St Barbara recorded free cash flow of 0.0, which represents -81.6% growth from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 4.3 percent by this parameter. their free cash flow situation appears to be much weaker than their peers. Management needs to do a better job balancing cash flow, asset growth, and resources allocations in general. Its free cash flow movement, therefore, received a grade of 46. Also, St Barbara's management was not successful in meaningfully improving their cash flow metrics. As of the current filing, they were reported as -25.0 and represented a 90.8% change from the previous period. Their net cash flow momentum should be a cause for concern and could bring negative momentum for St Barbara's stock price going forward. Hence, their net cash flow earned a score of 54. On the other hand, Capex, jumped out as looking rather positive. St Barbara's management was effective in improving its CapEx, which now sits at -135.0 and represents -1.2% change from the previous report. The company appears to be headed in the right direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their CapEx movement received a grade of 71. The company's cash flow, Therefore, earned a score of 56.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -25.0 | 90.8% | 54 |
| Capital Expenditure | -135.0 | -1.2% | 71 |
| Asset Turnover | 0.4 | 0.9% | 55 |
| Free Cashflow | 0.0 | -81.6% | 46 |
The below chart describes St Barbara's performance as reflected on its cash flow with respect to its peers. While St Barbara received a cash flow score of 56, the average of its peers stands on 66.0.
- SBM
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 70 | 77 | 80 | 71 | 75 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 74 | 78 | 69 | 74 | 75 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 58 | 48 | 63 | 55 | 57 | 2 | 1 |
| South32 Limited | 18.7B | 72 | 86 | 82 | 75 | 78 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 58 | 69 | 54 | 63 | 61 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 78 | 63 | 76 | 58 | 70 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 70 | 58 | 54 | 91 | 73 | 6 | 1 |
| IGO Limited | 7.8B | 80 | 73 | 66 | 57 | 72 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 48 | 47 | 56 | 70 | 52 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 87 | 97 | 76 | 78 | 86 | 9 | 1 |
| Allkem Limited | 6.9B | 75 | 77 | 70 | 84 | 82 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 69 | 97 | 66 | 73 | 78 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 54 | 49 | 61 | 39 | 50 | 12 | 1 |
| Alumina Limited | 4.4B | 68 | 74 | 76 | 70 | 72 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 49 | 86 | 84 | 39 | 50 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 75 | 84 | 52 | 74 | 74 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 40 | 55 | 56 | 37 | 41 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 77 | 86 | 53 | 93 | 81 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 75 | 63 | 76 | 61 | 70 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 60 | 69 | 76 | 37 | 58 | 19 | 1 |
| Sims Limited | 2.7B | 83 | 98 | 56 | 82 | 82 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 75 | 77 | 63 | 44 | 64 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 59 | 69 | 76 | 51 | 62 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 69 | 94 | 90 | 83 | 83 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 77 | 88 | 96 | 51 | 75 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 73 | 85 | 63 | 71 | 76 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 61 | 69 | 76 | 72 | 69 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 53 | 62 | 84 | 38 | 55 | 27 | 1 |
| Grange Resources Limited | 1.5B | 75 | 79 | 76 | 62 | 73 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 81 | 83 | 81 | 79 | 82 | 29 | 1 |
| West African Resources Limited | 1.3B | 73 | 84 | 42 | 58 | 66 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 63 | 53 | 64 | 47 | 58 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 80 | 69 | 76 | 61 | 73 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 57 | 57 | 54 | 50 | 56 | 33 | 1 |
| Lake Resources NL | 1.2B | 68 | 69 | 76 | 60 | 68 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 68 | 69 | 76 | 60 | 68 | 35 | 1 |
| Regis Resources Limited | 1.1B | 65 | 76 | 68 | 69 | 69 | 36 | 1 |
| Piedmont Lithium Inc. | 1.1B | 59 | 62 | 69 | 54 | 60 | 37 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 55 | 48 | 71 | 71 | 61 | 38 | 1 |
| ioneer Ltd | 867.9M | 47 | 57 | 54 | 51 | 51 | 39 | 1 |
| Syrah Resources Limited | 856.9M | 59 | 58 | 43 | 98 | 69 | 40 | 1 |
| Equigold NL | 854.0M | 91 | 69 | 72 | 84 | 87 | 41 | 1 |
| Ramelius Resources Limited | 828.4M | 59 | 56 | 81 | 58 | 62 | 42 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 67 | 69 | 76 | 69 | 71 | 43 | 1 |
| Jervois Global Limited | 813.1M | 43 | 51 | 38 | 82 | 54 | 44 | 1 |
| Mincor Resources NL | 808.9M | 63 | 63 | 72 | 45 | 57 | 45 | 1 |
| Imdex Limited | 796.9M | 71 | 72 | 79 | 73 | 74 | 46 | 1 |
| Bellevue Gold Limited | 722.0M | 51 | 64 | 56 | 51 | 54 | 47 | 1 |
| Emerald Resources NL | 679.4M | 84 | 81 | 80 | 81 | 84 | 48 | 1 |
| Red 5 Limited | 671.6M | 68 | 49 | 48 | 59 | 59 | 49 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 62 | 74 | 81 | 63 | 68 | 50 | 1 |
| Mount Gibson Iron Limited | 629.5M | 68 | 69 | 59 | 56 | 64 | 51 | 1 |
| Westgold Resources Limited | 575.3M | 59 | 69 | 71 | 59 | 63 | 52 | 1 |
| OM Holdings Limited | 563.6M | 75 | 90 | 90 | 75 | 82 | 53 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 72 | 69 | 76 | 69 | 72 | 54 | 1 |
| Neometals Ltd | 531.9M | 62 | 54 | 71 | 52 | 60 | 55 | 1 |
| Adriatic Metals PLC | 528.8M | 68 | 69 | 76 | 60 | 68 | 56 | 1 |
| Argosy Minerals Limited | 467.8M | 68 | 69 | 76 | 60 | 68 | 57 | 1 |
| Perenti Global Limited | 461.4M | 61 | 69 | 54 | 78 | 67 | 58 | 1 |
| Champion Iron Limited | 441.1M | 56 | 69 | 51 | 49 | 55 | 59 | 1 |
| Panoramic Resources Limited | 420.4M | 69 | 69 | 79 | 54 | 67 | 60 | 1 |
| Hastings Technology Metals Limited | 404.8M | 65 | 68 | 74 | 57 | 67 | 61 | 1 |
| Alkane Resources Limited | 402.0M | 69 | 58 | 68 | 71 | 68 | 62 | 1 |
| Centaurus Metals Limited | 397.2M | 68 | 69 | 76 | 60 | 68 | 63 | 1 |
| Bowen Coking Coal Limited | 385.5M | 68 | 69 | 76 | 60 | 68 | 64 | 1 |
| Jupiter Mines Limited | 372.2M | 51 | 51 | 84 | 44 | 50 | 65 | 1 |
| Galan Lithium Limited | 362.2M | 68 | 69 | 76 | 60 | 68 | 66 | 1 |
| Talga Group Ltd | 359.9M | 53 | 48 | 76 | 70 | 62 | 67 | 1 |
| BCI Minerals Limited | 349.8M | 62 | 54 | 76 | 49 | 60 | 68 | 1 |
| Metals X Limited | 344.8M | 70 | 81 | 72 | 55 | 68 | 69 | 1 |
| Pantoro Limited | 330.8M | 68 | 69 | 76 | 60 | 68 | 70 | 1 |
| Aurelia Metals Limited | 327.8M | 72 | 58 | 54 | 49 | 60 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 72 | 53 | 46 | 57 | 62 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 68 | 69 | 76 | 60 | 68 | 73 | 1 |
| Firefinch Limited | 236.2M | 68 | 69 | 76 | 60 | 68 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 68 | 69 | 76 | 60 | 68 | 75 | 1 |
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