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BlueScope Steel Limited (BSL) Report Analysis

Corporate Events

Positive

BlueScope Steel Limited Kicks Off a Master Plan...

2022-06-21 22:25:00

BlueScope announced it has appointed Bjarke Ingels Group, to develop a Master Plan for the Company's 200 hectares (approximately 500 acres) of...

Positive

BlueScope Steel Seeks Acquisitions

2022-05-18 14:05:00

BlueScope Steel Limited (ASX:BSL) is looking for acquisitions. Chief Financial Officer, Tania Archibald, said "we'll continue to look for bolt...

Negative

BlueScope Steel Limited Announces Resignation o...

2022-05-17 22:22:00

BlueScope Steel Limited announced that Non-Executive Director, Mr. Mark Hutchinson, has resigned from the Company's Board effective 17 May 202...

Neutral

BlueScope Steel Limited Presents at Bank of Ame...

2022-05-13 04:46:00

BlueScope Steel Limited Presents at Bank of America 2022 Global Metals, Mining and Steel Conference, May-18-2022 10:05 AM. Venue: Miami, Flori...

Positive

BlueScope Steel Limited, Cornerstone Building B...

2022-04-10 22:28:00

To discuss BlueScope's binding agreement to acquire the Coil Coatings business from Cornerstone Building Brands, Inc for $500 million, subject...

Positive

BlueScope Steel Limited (ASX:BSL) entered into ...

2022-04-10 00:00:00

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Coil Coatings Business of Cornerstone Building Brands, Inc. (NYS...

Neutral

Tranche Update on BlueScope Steel Limited (ASX:...

2022-02-21 08:00:00

From August 16, 2021 to December 31, 2021, the company has repurchased 13,594,756 shares, representing 2.7% for AUD 284.67 million. With this,...

Positive

BlueScope Steel Limited announces an Increase i...

2022-02-21 00:00:00

On February 21, 2022, the company announced an increase in its equity buyback plan. The company increased its authorization by AUD 484.97 mill...

Negative

BlueScope Steel Limited Appoints ZhiQiang Zhang...

2022-01-03 22:12:00

BlueScope Steel Limited announced the appointment of ZhiQiang Zhang as director. Date of appointment is 1 January 2022.

Negative

BlueScope Steel Limited Appoints K'lynne Johnso...

2022-01-03 22:11:00

BlueScope Steel Limited announced the appointment of K'lynne Johnson as director. Date of appointment is 1 January 2022.

Neutral

Bank of America Corporation, Bank of America 20...

2021-12-22 06:08:00

Bank of America Corporation, Bank of America 2022 Global Metals, Mining and Steel Conference, May 17, 2022 through May 19, 2022. Venue: Miami,...

Positive

BlueScope Steel Limited (ASX:BSL) completed the...

2021-12-17 00:00:00

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Ferrous scrap steel recycling business from MetalX LLC for $240 ...

Positive

BlueScope Steel Limited (ASX:BSL) entered into ...

2021-11-04 00:00:00

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Ferrous scrap steel recycling business from MetalX LLC for $240 ...

Positive

Rio Tinto and BlueScope to Explore Low Carbon-S...

2021-10-28 22:01:00

Rio Tinto and BlueScope will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydr...

Negative

BlueScope Announces Board Changes

2021-10-21 00:00:00

BlueScope announced the appointment of two new internationally based independent Non-executive directors, Ms. K'Lynne Johnson and Mr. Zhi-Qian...

Neutral

BlueScope Steel Limited - Shareholder/Analyst Call

2021-09-20 22:35:00

Annual General Meeting

Neutral

BlueScope Steel Limited Presents at Credit Suis...

2021-09-06 07:34:00

BlueScope Steel Limited Presents at Credit Suisse 2021 Global Steel and Mining Conference, Sep-08-2021 . Speakers: Chris Gibbs, Investor Relat...

Neutral

Macquarie Group Limited, Australia and New Zeal...

2021-08-31 02:43:00

Macquarie Group Limited, Australia and New Zealand Corporate Day, Sep 01, 2021 through Sep 02, 2021. Venue: Hong Kong, Hong Kong.

Neutral

BlueScope Steel Limited Presents at Australia a...

2021-08-31 02:43:00

BlueScope Steel Limited Presents at Australia and New Zealand Corporate Day, Sep-01-2021 . Venue: Hong Kong, Hong Kong.

Neutral

BlueScope Steel Limited Presents at 34th Annual...

2021-08-24 20:37:00

BlueScope Steel Limited Presents at 34th Annual Basic Materials Conference, Sep-14-2021 . Venue: New York City, New York, United States. Speak...

Positive

BlueScope Steel Limited, 0.19 (AUD), Cash Divid...

2021-08-19 00:00:00

BlueScope Steel Limited, 0.19 (AUD), Cash Dividend, Sep-07-2021

Positive

BlueScope Steel Limited (ASX:BSL) announces an ...

2021-08-16 07:04:00

BlueScope Steel Limited (ASX:BSL) announces a share repurchase program. Under the program, the company will repurchase up to AUD 500 million w...

Positive

BlueScope Steel Limited authorizes a Buyback Plan.

2021-08-16 00:00:00

The Board of Directors of BlueScope Steel Limited has authorized a buyback plan on August 16, 2021.

Positive

BlueScope Steel Limited, 0.25 (AUD), Cash Divid...

2021-08-16 00:00:00

BlueScope Steel Limited, 0.25 (AUD), Cash Dividend, Sep-07-2021

Positive

BlueScope Steel Limited Announces Dividend for ...

2021-08-15 22:10:00

BlueScope Steel Limited announced a dividend of AUD 0.44000000 per ordinary full paid security for the six months ended June 30, 2021, payable...

Neutral

BlueScope Steel Limited, 2021 Earnings Call, Au...

2021-08-15 19:10:00

BlueScope Steel Limited, 2021 Earnings Call, Aug 16, 2021

Neutral

BlueScope Steel Limited Provides Earnings Guida...

2021-07-26 23:12:00

BlueScope Steel Limited provided earnings guidance for the second half and for fiscal year 2021. For the year, the company expects preliminary...

Positive

BlueScope Steel Limited Kicks Off a Master Plan for its Excess Landholdings at Port Kembla

2022-06-21 22:25:00

BlueScope announced it has appointed Bjarke Ingels Group, to develop a Master Plan for the Company's 200 hectares (approximately 500 acres) of excess landholdings adjacent to the Port Kembla Steelworks. BlueScope is approaching its 100-year anniversary at Port Kembla in 2028 and is now looking to chart a course for the next 100 years.

Positive

BlueScope Steel Seeks Acquisitions

2022-05-18 14:05:00

BlueScope Steel Limited (ASX:BSL) is looking for acquisitions. Chief Financial Officer, Tania Archibald, said "we'll continue to look for bolt-on M&A opportunities as they arise. But again, it needs to be basically anything that we can feed into the North Star asset".

Negative

BlueScope Steel Limited Announces Resignation of Mark Hutchinson from the Company's Board

2022-05-17 22:22:00

BlueScope Steel Limited announced that Non-Executive Director, Mr. Mark Hutchinson, has resigned from the Company's Board effective 17 May 2022 to take up an executive role at another organisation.

Neutral

BlueScope Steel Limited Presents at Bank of America 2022 Global Metals, Mining and Steel Conference, May-18-2022 10:05 AM

2022-05-13 04:46:00

BlueScope Steel Limited Presents at Bank of America 2022 Global Metals, Mining and Steel Conference, May-18-2022 10:05 AM. Venue: Miami, Florida, United States. Speakers: Tania J. Archibald, Chief Financial Officer.

Positive

BlueScope Steel Limited, Cornerstone Building Brands, Inc. - M&A Call

2022-04-10 22:28:00

To discuss BlueScope's binding agreement to acquire the Coil Coatings business from Cornerstone Building Brands, Inc for $500 million, subject to customary adjustments

Positive

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Coil Coatings Business of Cornerstone Building Brands, Inc. (NYSE:CNR) for $500 million.

2022-04-10 00:00:00

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Coil Coatings Business of Cornerstone Building Brands, Inc. (NYSE:CNR) for $500 million on April 10, 2022. The consideration is subject to customary adjustments. Following completion, Cornerstone Building Brands will remain a key customer of the business. The acquisition will be fully funded from cash on the balance sheet. For the twelve months ended December 31, 2021, the coil coatings business had net sales of approximately $214.9 million. The transaction subject to regulatory approval and other customary closing conditions. The transaction is targeted for completion in calendar year 2022. The acquisition will be immediately accretive to earnings per share. Credit Suisse is acting as financial adviser to BlueScope on the acquisition. Rothschild & Co served as the exclusive financial advisor, Sullivan & Cromwell LLP served as legal counsel, and Alvarez & Marsal Transaction Advisory Group, LLC served as accounting advisor to Cornerstone Building Brands for this transaction.

Neutral

Tranche Update on BlueScope Steel Limited (ASX:BSL)'s Equity Buyback Plan announced on August 16, 2021.

2022-02-21 08:00:00

From August 16, 2021 to December 31, 2021, the company has repurchased 13,594,756 shares, representing 2.7% for AUD 284.67 million. With this, the company has completed the repurchase of 13,594,756 shares, representing 2.7% for AUD 284.67 million under the buyback announced on August 16, 2021.

Positive

BlueScope Steel Limited announces an Increase in Equity Buyback.

2022-02-21 00:00:00

On February 21, 2022, the company announced an increase in its equity buyback plan. The company increased its authorization by AUD 484.97 million, thereby bringing its remaining authorization to AUD 700 million. The company also announced that it has extended its plan duration till February 28, 2023.

Negative

BlueScope Steel Limited Appoints ZhiQiang Zhang as Director

2022-01-03 22:12:00

BlueScope Steel Limited announced the appointment of ZhiQiang Zhang as director. Date of appointment is 1 January 2022.

Negative

BlueScope Steel Limited Appoints K'lynne Johnson as Director

2022-01-03 22:11:00

BlueScope Steel Limited announced the appointment of K'lynne Johnson as director. Date of appointment is 1 January 2022.

Neutral

Bank of America Corporation, Bank of America 2022 Global Metals, Mining and Steel Conference, May 17, 2022 through May 19, 2022

2021-12-22 06:08:00

Bank of America Corporation, Bank of America 2022 Global Metals, Mining and Steel Conference, May 17, 2022 through May 19, 2022. Venue: Miami, Florida, United States.

Positive

BlueScope Steel Limited (ASX:BSL) completed the acquisition of Ferrous scrap steel recycling business from MetalX LLC.

2021-12-17 00:00:00

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Ferrous scrap steel recycling business from MetalX LLC for $240 million on November 4, 2021. As per the transaction, BlueScope Steel Limited will acquire two of MetalX’s operating sites which are located in Indiana and in Ohio, immediately adjacent to the North Star facility in Delta. The transaction is on a cash free and debt free basis and includes working capital. The MetalX ferrous assets will operate under the new name BlueScope Recycling and Materials. As a part of the transaction, MetalX ferrous team will join BlueScope Steel Limited. The acquisition is expected to complete by end of December 2021. BlueScope Steel Limited (ASX:BSL) completed the acquisition of Ferrous scrap steel recycling business from MetalX LLC on December 17, 2021.

Positive

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Ferrous scrap steel recycling business from MetalX LLC for $240 million.

2021-11-04 00:00:00

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Ferrous scrap steel recycling business from MetalX LLC for $240 million on November 4, 2021. As per the transaction, BlueScope Steel Limited will acquire two of MetalX’s operating sites which are located in Indiana and in Ohio, immediately adjacent to the North Star facility in Delta. The transaction is on a cash free and debt free basis and includes working capital. The MetalX ferrous assets will operate under the new name BlueScope Recycling and Materials. As a part of the transaction, MetalX ferrous team will join BlueScope Steel Limited. The acquisition is expected to complete by end of December 2021.

Positive

Rio Tinto and BlueScope to Explore Low Carbon-Steelmaking Pathways

2021-10-28 22:01:00

Rio Tinto and BlueScope will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydrogen to replace coking coal at BlueScope’s Port Kembla Steelworks. The two companies have signed a Memorandum of Understanding (MOU) to research and design low-emissions processes for the steel value chain, including iron ore processing, iron and steelmaking and related technologies. Rio Tinto and BlueScope will prioritise studying the use of green hydrogen at the Port Kembla Steelworks in Australia to directly reduce Pilbara iron ores into a product that could then be processed in an electric melter to produce metallic iron suitable to be finished into steel. The MOU expands the partnership between the two companies, who were already jointly studying technology to reduce carbon emissions from existing iron and steelmaking processes. It will also allow more projects to be added as technologies mature. The new collaboration will focus on utilising green hydrogen for direct reduction of Rio Tinto’s Pilbara iron ores, which will then be fed into a melter. The first phase of the collaboration will be to determine the scale of a pilot plant to be based at the Port Kembla steelworks, consisting of a hydrogen electrolyser, direct reduction process and melter.

Negative

BlueScope Announces Board Changes

2021-10-21 00:00:00

BlueScope announced the appointment of two new internationally based independent Non-executive directors, Ms. K'Lynne Johnson and Mr. Zhi-Qiang Zhang, with effect from 1 January 2022. Ms Johnson brings to the Board relevant experience in the areas of technological lead transformation, sustainability, renewables, human resources, customers and innovation. She also brings traditional high capital-intensive sector experience. Ms Johnson has significant Board experience and is currently on the Boards of two companies listed on the NYSE. Previously she was an executive in the specialty and commodity chemicals industry for over 25 years including most recently as President and Chief Executive Officer of Elevance Renewable Sciences and as Senior Vice President over multiple global business in BP Chemical. Her industry experience has included working in early stage sustainability-driven ventures as well as in more mature businesses. Ms Johnson has had a global career with extensive knowledge of the US market and has spent significant time in Asia. Mr. Zhang has a background in blue-chip manufacturing and product development, including industrial digitisation and robotics. Having worked in asset-heavy industrials for most of his career, Mr. Zhang has deep sector knowledge in automotive and machine tools, telecommunications and infrastructure. Mr. Zhang has extensive business and leadership experience at the senior executive level including over 25 years at Siemens, with his last role as President & Chief Executive Officer, Greater China Region, Nokia Siemens Networks, and more recently as Group Senior Vice President & President ABB China for ABB ASEA Brown Boveri. He also brings to the Board a deep understanding of the China market and insight into areas of impact and growth. At last year's AGM, Ms Penny Bingham-Hall agreed to stand for re-election for a fourth term whilst the Board progressed Board renewal, which had been delayed as a consequence of COVID-19 restrictions in place . At the time, Ms Bingham-Hall advised that she intended to serve no longer than 12 months following the AGM. Accordingly, in view of the appointments announced, Ms Bingham-Hall will now retire from the Board effective 31 October 2021.

Neutral

BlueScope Steel Limited - Shareholder/Analyst Call

2021-09-20 22:35:00

Annual General Meeting

Neutral

BlueScope Steel Limited Presents at Credit Suisse 2021 Global Steel and Mining Conference, Sep-08-2021

2021-09-06 07:34:00

BlueScope Steel Limited Presents at Credit Suisse 2021 Global Steel and Mining Conference, Sep-08-2021 . Speakers: Chris Gibbs, Investor Relations Manager, Donald Watters, Treasurer & Head of Investor Relations, Mark Scicluna, VP Commercial & Planning, Tania J. Archibald, Chief Financial Officer.

Neutral

Macquarie Group Limited, Australia and New Zealand Corporate Day, Sep 01, 2021 through Sep 02, 2021

2021-08-31 02:43:00

Macquarie Group Limited, Australia and New Zealand Corporate Day, Sep 01, 2021 through Sep 02, 2021. Venue: Hong Kong, Hong Kong.

Neutral

BlueScope Steel Limited Presents at Australia and New Zealand Corporate Day, Sep-01-2021

2021-08-31 02:43:00

BlueScope Steel Limited Presents at Australia and New Zealand Corporate Day, Sep-01-2021 . Venue: Hong Kong, Hong Kong.

Neutral

BlueScope Steel Limited Presents at 34th Annual Basic Materials Conference, Sep-14-2021

2021-08-24 20:37:00

BlueScope Steel Limited Presents at 34th Annual Basic Materials Conference, Sep-14-2021 . Venue: New York City, New York, United States. Speakers: Chris Gibbs, Investor Relations Manager, Donald Watters, Treasurer & Head of Investor Relations, Mark Scicluna, VP Commercial & Planning, Mark Royce Vassella, MD, CEO & Executive Director, Tania J. Archibald, Chief Financial Officer.

Positive

BlueScope Steel Limited, 0.19 (AUD), Cash Dividend, Sep-07-2021

2021-08-19 00:00:00

BlueScope Steel Limited, 0.19 (AUD), Cash Dividend, Sep-07-2021

Positive

BlueScope Steel Limited (ASX:BSL) announces an Equity Buyback for AUD 500 million worth of its shares.

2021-08-16 07:04:00

BlueScope Steel Limited (ASX:BSL) announces a share repurchase program. Under the program, the company will repurchase up to AUD 500 million worth of its ordinary shares. The purpose of the program is to supplement the payment of consistent dividends, given the flexibility they provide in managing capital and for the EPS enhancement they can deliver. The share repurchase program is valid till August 29, 2022. As of August 16, 2021, the company has 503,806,240 shares in issue.

Positive

BlueScope Steel Limited authorizes a Buyback Plan.

2021-08-16 00:00:00

The Board of Directors of BlueScope Steel Limited has authorized a buyback plan on August 16, 2021.

Positive

BlueScope Steel Limited, 0.25 (AUD), Cash Dividend, Sep-07-2021

2021-08-16 00:00:00

BlueScope Steel Limited, 0.25 (AUD), Cash Dividend, Sep-07-2021

Positive

BlueScope Steel Limited Announces Dividend for the Six Months Ended June 30, 2021, Payable on October 13, 2021

2021-08-15 22:10:00

BlueScope Steel Limited announced a dividend of AUD 0.44000000 per ordinary full paid security for the six months ended June 30, 2021, payable on October 13, 2021. Record date is September 8, 2021 and Ex-date is September 7, 2020.

Neutral

BlueScope Steel Limited, 2021 Earnings Call, Aug 16, 2021

2021-08-15 19:10:00

BlueScope Steel Limited, 2021 Earnings Call, Aug 16, 2021

Neutral

BlueScope Steel Limited Provides Earnings Guidance for the Second Half and for Fiscal Year 2021

2021-07-26 23:12:00

BlueScope Steel Limited provided earnings guidance for the second half and for fiscal year 2021. For the year, the company expects preliminary unaudited underlying earnings before interest and tax (EBIT) for FY2021 to be approximately $1.72 billion.The second half contribution is expected to be approximately $1.19 billion, compared to prior guidance of $1.0 billion to $1.08 billion.

Fundamental Summary

BlueScope Steel's recently released results from Q2 indicate that BlueScope Steel is performing reasonably well and on par with its peers. It is highly likely that the company will be mostly tethered to market performance and sector movements for the near term. Bottom line, BlueScope Steel's financials indicate solid performance in terms of value and growth, which leads us to believe that they may become interesting again in the next few months. But for right now, we gave the company an overall grade of 72 and a HOLD recommendation.

BlueScope Steel announced earnings results for the full year ended June 30, 2021. For the full year, the company announced sales was AUD 12,902.2 million compared to AUD 11,324.2 million a year ago. Net income was AUD 1,193.3 million compared to AUD 96.5 million a year ago.

Sector Overview

BlueScope Steel 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. BlueScope Steel'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
Assets 7,793.0 -7.3% 75
Liabilities 3,396.9 17.1% 64
Price to Book 0.5 -32.6% 68
Cash & Equivalents 172.2 99.3% 90
Equity 4,308.8 -20.5% 87
EBITDA 141.2 -71.5% 71
Total Revenues 9,153.1 0.1% 86
Parameter Value Change Score
Return on Equity -20.5 -1130.2% 66
Net Cashflow -78.1 32.5% 48
Capital Expenditure -348.7 -23.2% 56
Asset Turnover 1.1 0.2% 70
Free Cashflow -1.2 -61.8% 47

* All values are TTM

The below chart reflects BlueScope Steel'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 BlueScope Steel's peer average final assessment score stands on 70.0, BlueScope Steel's score is 72.

  •  BSL
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
BHP Group Limited 208.5B 58 71 75
Hold
69
69 0 1
Fortescue Metals Group Limited 55.0B 65 67 75
Hold
68
68 1 1
Newcrest Mining Limited 19.4B 52 66 57
Underperform
56
56 2 1
South32 Limited 18.7B 84 72 78
Buy
82
82 3 1
Mineral Resources Limited 9.2B 55 63 61
Underperform
56
56 4 1
Lynas Rare Earths Limited 8.3B 70 69 70
Hold
71
71 5 1
Northern Star Resources Limited 8.2B 56 56 73
Underperform
55
55 6 1
IGO Limited 7.8B 50 78 72
Hold
71
71 7 1
Pilbara Minerals Limited 6.9B 86 69 86
Buy
83
83 8 1
Allkem Limited 6.9B 57 61 82
Hold
65
65 9 1
OZ Minerals Limited 6.2B 74 66 78
Hold
74
74 10 1
Evolution Mining Limited 4.8B 82 64 50
Hold
64
64 11 1
Alumina Limited 4.4B 50 79 72
Hold
70
70 12 1
OZ Minerals Holdings Pty Ltd 4.0B 84 61 50
Hold
73
73 13 1
Iluka Resources Limited 3.9B 77 60 74
Hold
68
68 14 1
Andean Resources Ltd. 3.7B 86 97 41
Buy
84
84 15 1
Coronado Global Resources Inc. 2.9B 83 74 81
Strong Buy
87
87 16 1
Nickel Industries Limited 2.8B 54 60 70
Underperform
56
56 17 1
AVZ Minerals Limited 2.8B 95 68 58
Hold
75
75 18 1
Sims Limited 2.7B 68 69 82
Hold
74
74 19 1
Zimplats Holdings Limited 2.6B 77 68 64
Hold
71
71 20 1
Liontown Resources Limited 2.4B 81 84 62
Buy
84
84 21 1
Perseus Mining Limited 2.3B 81 65 83
Hold
77
77 22 1
Deterra Royalties Limited 2.3B 77 61 75
Hold
69
69 23 1
Sandfire Resources Limited 1.9B 82 69 76
Buy
79
79 24 1
Core Lithium Ltd 1.8B 83 70 69
Hold
76
76 25 1
Chalice Mining Limited 1.5B 54 81 55
Hold
67
67 26 1
Grange Resources Limited 1.5B 65 64 73
Hold
66
66 27 1
Capricorn Metals Ltd 1.3B 86 69 82
Buy
82
82 28 1
West African Resources Limited 1.3B 87 59 66
Hold
68
68 29 1
Silver Lake Resources Limited 1.2B 66 63 58
Hold
62
62 30 1
De Grey Mining Limited 1.2B 66 47 73
Underperform
53
53 31 1
Gold Road Resources Limited 1.2B 64 67 56
Hold
63
63 32 1
Lake Resources NL 1.2B 66 73 68
Hold
71
71 33 1
Sayona Mining Limited 1.2B 66 73 68
Hold
71
71 34 1
Regis Resources Limited 1.1B 53 53 69
Underperform
50
50 35 1
Piedmont Lithium Inc. 1.1B 88 77 60
Buy
84
84 36 1
5E Advanced Materials Inc. 927.2M 47 58 61
Underperform
51
51 37 1
ioneer Ltd 867.9M 85 69 51
Hold
70
70 38 1
Syrah Resources Limited 856.9M 49 50 69
Underperform
46
46 39 1
Equigold NL 854.0M 50 65 87
Hold
67
67 40 1
Ramelius Resources Limited 828.4M 56 68 62
Hold
60
60 41 1
Vulcan Energy Resources Limited 826.7M 67 78 71
Hold
77
77 42 1
Jervois Global Limited 813.1M 78 71 54
Hold
72
72 43 1
Mincor Resources NL 808.9M 62 77 57
Hold
67
67 44 1
Imdex Limited 796.9M 71 56 74
Hold
70
70 45 1
Bellevue Gold Limited 722.0M 84 69 54
Hold
70
70 46 1
St Barbara Limited 701.5M 53 70 56
Underperform
59
59 47 1
Emerald Resources NL 679.4M 60 68 84
Hold
70
70 48 1
Red 5 Limited 671.6M 47 75 59
Hold
61
61 49 1
Boart Longyear Group Ltd. 651.0M 60 74 68
Hold
69
69 50 1
Mount Gibson Iron Limited 629.5M 48 78 64
Hold
66
66 51 1
Westgold Resources Limited 575.3M 54 65 63
Underperform
58
58 52 1
OM Holdings Limited 563.6M 84 75 82
Buy
85
85 53 1
Australian Strategic Materials Ltd 540.9M 51 74 72
Hold
67
67 54 1
Neometals Ltd 531.9M 60 72 60
Hold
65
65 55 1
Adriatic Metals PLC 528.8M 66 73 68
Hold
71
71 56 1
Argosy Minerals Limited 467.8M 66 73 68
Hold
71
71 57 1
Perenti Global Limited 461.4M 60 78 67
Hold
72
72 58 1
Champion Iron Limited 441.1M 58 71 55
Hold
64
64 59 1
Panoramic Resources Limited 420.4M 58 71 67
Hold
66
66 60 1
Hastings Technology Metals Limited 404.8M 65 68 67
Hold
68
68 61 1
Alkane Resources Limited 402.0M 78 70 68
Hold
73
73 62 1
Centaurus Metals Limited 397.2M 66 73 68
Hold
71
71 63 1
Bowen Coking Coal Limited 385.5M 66 73 68
Hold
71
71 64 1
Jupiter Mines Limited 372.2M 66 81 50
Hold
64
64 65 1
Galan Lithium Limited 362.2M 66 73 68
Hold
71
71 66 1
Talga Group Ltd 359.9M 53 60 62
Underperform
53
53 67 1
BCI Minerals Limited 349.8M 71 68 60
Hold
66
66 68 1
Metals X Limited 344.8M 68 87 68
Buy
82
82 69 1
Pantoro Limited 330.8M 66 73 68
Hold
71
71 70 1
Aurelia Metals Limited 327.8M 65 58 60
Underperform
56
56 71 1
Macmahon Holdings Limited 283.7M 68 65 62
Hold
66
66 72 1
Lotus Resources Limited 277.3M 66 73 68
Hold
71
71 73 1
Firefinch Limited 236.2M 66 73 68
Hold
71
71 74 1
Andromeda Metals Limited 229.8M 66 73 68
Hold
71
71 75 1

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. BlueScope Steel's stock is now priced above its 5-day, but below its 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 positive setup in the near-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), BlueScope Steel'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 47.

Bearish 47
Close Price 16.23
52W Low 15.47
52W High 25.65
5D MA 15.86
50D MA 18.31
200D MA 19.99
MACD -0.74
RSI 2.58
STOCH 23.46

Balance Sheet Analysis

Two main balance sheet metrics are driving the positive outlook for BlueScope Steel's financial strength going forward. BlueScope Steel's management was effective in improving its cash and cash equivalents metrics, which now sit at 172.2. This represents 99.3% change from the last reporting period. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. Therefore, its cash and cash equivalents movement earned a score of 90. Also, BlueScope Steel produced great equity metrics for this filing, demonstrating management's skill in increasing shareholder value. BlueScope Steel's equity was reported as 4308.8, which represents a -20.5% change from the last report. Companies in the same sector and market capitalization will usually be affected by up to 5.4 percent by this parameter. These metrics are all the more impressive relative to their peers and should support an upswing in their stock price. Consequently, their equity movement received a grade of 87. That said, one metric, Liabilities, stood out as particularly concerning. At filing, BlueScope Steel's liabilities were 3396.9, representing a 17.1% change from the previous period. BlueScope Steel's liabilities changes appear mediocre compared to their peers. Contextually, they convey that management finds balancing asset growth, resource allocation, and liabilities challenging. Its liabilities movement component, therefore, received a grade of 64. Their balance sheet received an overall score of 85.

Parameter Value Change Score
Assets 7,793.0 -7.3% 75
Liabilities 3,396.9 17.1% 64
Price to Book 0.5 -32.6% 68
Cash & Equivalents 172.2 99.3% 90
Equity 4,308.8 -20.5% 87
* All values are TTM

The below chart describes BlueScope Steel's performance as reflected on its balance sheet with respect to its peers. While BlueScope Steel received a balance sheet score of 85, the average of its peers stands on 72.0.

  •  BSL
  •  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
Pilbara Minerals Limited 6.9B 87 59 81 87 56 86 8 1
Allkem Limited 6.9B 53 64 44 65 89 57 9 1
OZ Minerals Limited 6.2B 87 72 72 69 72 74 10 1
Evolution Mining Limited 4.8B 47 57 76 96 54 82 11 1
Alumina Limited 4.4B 51 69 50 46 84 50 12 1
OZ Minerals Holdings Pty Ltd 4.0B 81 62 51 97 87 84 13 1
Iluka Resources Limited 3.9B 76 66 87 69 53 77 14 1
Andean Resources Ltd. 3.7B 70 37 60 97 92 86 15 1
Coronado Global Resources Inc. 2.9B 44 56 87 85 71 83 16 1
Nickel Industries Limited 2.8B 41 44 72 50 70 54 17 1
AVZ Minerals Limited 2.8B 99 56 82 98 66 95 18 1
Sims Limited 2.7B 85 72 83 49 57 68 19 1
Zimplats Holdings Limited 2.6B 80 69 68 76 73 77 20 1
Liontown Resources Limited 2.4B 43 55 82 97 37 81 21 1
Perseus Mining Limited 2.3B 81 70 73 82 66 81 22 1
Deterra Royalties Limited 2.3B 99 79 61 75 68 77 23 1
Sandfire Resources Limited 1.9B 41 64 87 87 73 82 24 1
Core Lithium Ltd 1.8B 37 55 82 94 66 83 25 1
Chalice Mining Limited 1.5B 98 78 39 46 89 54 26 1
Grange Resources Limited 1.5B 54 70 51 71 92 65 27 1
Capricorn Metals Ltd 1.3B 69 59 81 91 65 86 28 1
West African Resources Limited 1.3B 92 56 81 92 42 87 29 1
Silver Lake Resources Limited 1.2B 69 62 62 71 57 66 30 1
De Grey Mining Limited 1.2B 44 49 79 69 48 66 31 1
Gold Road Resources Limited 1.2B 83 72 56 65 60 64 32 1
Lake Resources NL 1.2B 78 74 55 64 78 66 33 1
Sayona Mining Limited 1.2B 78 74 55 64 78 66 34 1
Regis Resources Limited 1.1B 77 74 51 48 63 53 35 1
Piedmont Lithium Inc. 1.1B 97 54 82 97 39 88 36 1
5E Advanced Materials Inc. 927.2M 44 83 54 45 37 47 37 1
ioneer Ltd 867.9M 98 56 80 86 52 85 38 1
Syrah Resources Limited 856.9M 63 75 38 46 94 49 39 1
Equigold NL 854.0M 57 46 86 50 45 50 40 1
Ramelius Resources Limited 828.4M 67 41 78 48 49 56 41 1
Vulcan Energy Resources Limited 826.7M 39 53 80 74 41 67 42 1
Jervois Global Limited 813.1M 71 71 44 94 95 78 43 1
Mincor Resources NL 808.9M 83 78 43 62 56 62 44 1
Imdex Limited 796.9M 59 69 83 61 75 71 45 1
Bellevue Gold Limited 722.0M 96 56 81 87 42 84 46 1
St Barbara Limited 701.5M 80 69 51 49 61 53 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

BlueScope Steel appears likely to maintain its strong income statement metrics, especially Revenue Efficiency and EBITDA. BlueScope Steel's financials reveal an interesting trend for their revenue efficiency. This parameter often affects companies in the same industry and market capitalization by up to 6.0%. Their revenue efficiency, specifically in contrast to their industry peers', should support a positive movement in the company's stock price. Consequently, their revenue efficiency received a grade of 86. Also, BlueScope Steel's management was effective in improving its EBIDTA, which now sits at 141.2 and represents a -71.5% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 6.1%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Consequently, their EBITDA movement received a grade of 71. On the other hand, Return Factors, jumped out as looking problematic. In this filing, BlueScope Steel reported a return on equity (ROE) ratio of -20.5, which represents a growth of -1130.2%. This metric might have a 13.5 percent impact on companies in the same industry and with the same market capitalization. The company's return factor metrics return on equity and return on assets are even more concerning when compared to their peers. Its return factors (ROA & ROE) components, therefore, received a grade of 66. Consequently, the companie's income statement earned a rank of 72.

Parameter Value Change Score
EBITDA 141.2 -71.5% 71
Total Revenues 9,153.1 0.1% 86
Return on Equity -20.5 -1130.2% 66
* All values are TTM

The below chart describes BlueScope Steel's performance as reflected on its income statement with respect to its peers. While BlueScope Steel received a income statement score of 72 , the average of its peers stands on 68.0.

  •  BSL
  •  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
Pilbara Minerals Limited 6.9B 38 96 96 69 8 1
Allkem Limited 6.9B 46 75 74 61 9 1
OZ Minerals Limited 6.2B 48 82 82 66 10 1
Evolution Mining Limited 4.8B 94 46 43 64 11 1
Alumina Limited 4.4B 87 73 76 79 12 1
OZ Minerals Holdings Pty Ltd 4.0B 39 88 45 61 13 1
Iluka Resources Limited 3.9B 50 62 89 60 14 1
Andean Resources Ltd. 3.7B 37 89 91 97 15 1
Coronado Global Resources Inc. 2.9B 39 98 97 74 16 1
Nickel Industries Limited 2.8B 66 61 55 60 17 1
AVZ Minerals Limited 2.8B 87 63 41 68 18 1
Sims Limited 2.7B 45 90 92 69 19 1
Zimplats Holdings Limited 2.6B 94 50 52 68 20 1
Liontown Resources Limited 2.4B 87 78 91 84 21 1
Perseus Mining Limited 2.3B 42 88 83 65 22 1
Deterra Royalties Limited 2.3B 45 83 66 61 23 1
Sandfire Resources Limited 1.9B 64 73 74 69 24 1
Core Lithium Ltd 1.8B 87 47 81 70 25 1
Chalice Mining Limited 1.5B 99 65 76 81 26 1
Grange Resources Limited 1.5B 74 61 61 64 27 1
Capricorn Metals Ltd 1.3B 37 98 97 69 28 1
West African Resources Limited 1.3B 43 84 63 59 29 1
Silver Lake Resources Limited 1.2B 95 42 41 63 30 1
De Grey Mining Limited 1.2B 44 45 76 47 31 1
Gold Road Resources Limited 1.2B 94 48 49 67 32 1
Lake Resources NL 1.2B 87 62 66 73 33 1
Sayona Mining Limited 1.2B 87 62 66 73 34 1
Regis Resources Limited 1.1B 65 50 45 53 35 1
Piedmont Lithium Inc. 1.1B 87 63 68 77 36 1
5E Advanced Materials Inc. 927.2M 74 37 56 58 37 1
ioneer Ltd 867.9M 87 55 60 69 38 1
Syrah Resources Limited 856.9M 38 67 62 50 39 1
Equigold NL 854.0M 79 44 91 65 40 1
Ramelius Resources Limited 828.4M 94 51 48 68 41 1
Vulcan Energy Resources Limited 826.7M 87 67 84 78 42 1
Jervois Global Limited 813.1M 37 94 93 71 43 1
Mincor Resources NL 808.9M 98 57 59 77 44 1
Imdex Limited 796.9M 77 60 56 56 45 1
Bellevue Gold Limited 722.0M 87 44 83 69 46 1
St Barbara Limited 701.5M 93 56 53 70 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

BlueScope Steel's most recent cash flow report was not encouraging. BlueScope Steel's published free cash flow numbers were subpar and could mean that management has lost focus on achieving healthy growth. BlueScope Steel recorded free cash flow of -1.2, which represents -61.8% growth from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 3.9 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. Disappointing results in free cash flow often lead to negative pressure in stock prices, so we rated their free cash flow with a score of 47. Also, BlueScope Steel's net cash flow metrics were -78.1 according to their current filing, which represents a 32.5% change from the previous report. BlueScope Steel's net cash flow metrics are especially disappointing relative to their peers. Hence, their net cash flow earned a score of 48. At the same time, one {cash_flow} metric, Asset Turnover, was actually strongly positive. BlueScope Steel's published asset turnover numbers were encouraging and reflected management's balanced change strategy. BlueScope Steel recorded asset turnover of 1.1, which represents a 0.2% change from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 4.9 percent by this parameter. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. The company's asset turnover movement, therefore, received a grade of 70. Therefore, its cash flow earned a grade of 52.

Parameter Value Change Score
Net Cashflow -78.1 32.5% 48
Capital Expenditure -348.7 -23.2% 56
Asset Turnover 1.1 0.2% 70
Free Cashflow -1.2 -61.8% 47
* All values are TTM

The below chart describes BlueScope Steel's performance as reflected on its cash flow with respect to its peers. While BlueScope Steel received a cash flow score of 52, the average of its peers stands on 63.0.

  •  BSL
  •  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
Pilbara Minerals Limited 6.9B 87 97 76 78 86 8 1
Allkem Limited 6.9B 75 77 70 84 82 9 1
OZ Minerals Limited 6.2B 69 97 66 73 78 10 1
Evolution Mining Limited 4.8B 54 49 61 39 50 11 1
Alumina Limited 4.4B 68 74 76 70 72 12 1
OZ Minerals Holdings Pty Ltd 4.0B 49 86 84 39 50 13 1
Iluka Resources Limited 3.9B 75 84 52 74 74 14 1
Andean Resources Ltd. 3.7B 40 55 56 37 41 15 1
Coronado Global Resources Inc. 2.9B 77 86 53 93 81 16 1
Nickel Industries Limited 2.8B 75 63 76 61 70 17 1
AVZ Minerals Limited 2.8B 60 69 76 37 58 18 1
Sims Limited 2.7B 83 98 56 82 82 19 1
Zimplats Holdings Limited 2.6B 75 77 63 44 64 20 1
Liontown Resources Limited 2.4B 59 69 76 51 62 21 1
Perseus Mining Limited 2.3B 69 94 90 83 83 22 1
Deterra Royalties Limited 2.3B 77 88 96 51 75 23 1
Sandfire Resources Limited 1.9B 73 85 63 71 76 24 1
Core Lithium Ltd 1.8B 61 69 76 72 69 25 1
Chalice Mining Limited 1.5B 53 62 84 38 55 26 1
Grange Resources Limited 1.5B 75 79 76 62 73 27 1
Capricorn Metals Ltd 1.3B 81 83 81 79 82 28 1
West African Resources Limited 1.3B 73 84 42 58 66 29 1
Silver Lake Resources Limited 1.2B 63 53 64 47 58 30 1
De Grey Mining Limited 1.2B 80 69 76 61 73 31 1
Gold Road Resources Limited 1.2B 57 57 54 50 56 32 1
Lake Resources NL 1.2B 68 69 76 60 68 33 1
Sayona Mining Limited 1.2B 68 69 76 60 68 34 1
Regis Resources Limited 1.1B 65 76 68 69 69 35 1
Piedmont Lithium Inc. 1.1B 59 62 69 54 60 36 1
5E Advanced Materials Inc. 927.2M 55 48 71 71 61 37 1
ioneer Ltd 867.9M 47 57 54 51 51 38 1
Syrah Resources Limited 856.9M 59 58 43 98 69 39 1
Equigold NL 854.0M 91 69 72 84 87 40 1
Ramelius Resources Limited 828.4M 59 56 81 58 62 41 1
Vulcan Energy Resources Limited 826.7M 67 69 76 69 71 42 1
Jervois Global Limited 813.1M 43 51 38 82 54 43 1
Mincor Resources NL 808.9M 63 63 72 45 57 44 1
Imdex Limited 796.9M 71 72 79 73 74 45 1
Bellevue Gold Limited 722.0M 51 64 56 51 54 46 1
St Barbara Limited 701.5M 54 46 71 55 56 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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