Australian gold miner with the Simberi mine in Papua New Guinea (being sold) and the Atlantic gold project in Nova Scotia, Canada.
Australian gold miner with the Simberi mine in Papua New Guinea (being sold) and the Atlantic gold project in Nova Scotia, Canada.
Sells gold at market prices but has been shedding mature mines: it sold its Leonora operations in Western Australia to Genesis Minerals and is now selling Simberi in Papua New Guinea, leaving the Atlantic project in Nova Scotia as its remaining core. Cash from the Simberi sale is meant to help fund Atlantic's development.
In one line: A small-cap US junior gold miner.
Moat: none. Small multi-asset gold miner with no scale, cost or geological advantage.
Headquarters: Melbourne, Australia · Founded: 1969
Size St. Barbara (SBM.AX) is an Australia Materials company (Precious Metals) with a market value of $629M, the 235th largest of 316 Australia companies the cockpit tracks. Shares closed at A$0.74 on 6 Nov 2026.
Performance Over six months the shares gained 5.0%, against +0.5% for the median peer and +4.1% for the Australia market (cap-weighted) — 9th highest of 20 in its peer set.
Growth Revenue fell 75.9% over the last twelve months (peer median +79.5%); the operating margin is -935.4% (peer median 30.0%).
Valuation It trades at 0.96× book value against a peer median of 3.49× (cheapest of 21).
Price implies The share price implies a return on equity of about 14.2%; St. Barbara delivers -4.3%, so the price asks more than the business earns today.
Next results Next results expected around 19 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | n/a | A$3.62M | A$15.0M | A$198M | A$324M |
| Revenue growth | — | -76% | -92% | -39% | — |
| Gross profit | n/a | -A$12.4M | -A$83,000 | -A$17.9M | A$1.61M |
| EBITDA | n/a | -A$31.3M | -A$17.7M | -A$30.5M | -A$14.6M |
| Net income | n/a | -A$9.59M | -A$93.8M | -A$53.9M | -A$490M |
| Free cash flow | n/a | -A$54.8M | -A$118M | -A$71.8M | -A$22.0M |
| Capital expenditure | n/a | A$76.8M | A$72.6M | A$32.8M | A$85.7M |
| Total debt | n/a | A$1.99M | A$5.57M | A$7.53M | A$12.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| St. Barbara SBM.AX | $629M | +5% | -76% | -4% | 0.96× | 14.2% |
| Genesis Minerals GMD.AX | $5.73B | +6% | +89% | 36% | 3.97× | 41.5% |
| Northern Star Resources NST.AX | $25.3B | +19% | +19% | 11% | 2.33× | 25.3% |
| Ramelius Resources RMS.AX | $4.78B | +3% | -14% | 4% | 1.76× | 17.1% |
| Pantoro Gold PNR.AX | $826M | -9% | +35% | 20% | 1.95× | 23.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SBM.AX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.5% | -8.7% | 6th highest of 21 |
| 6-month return | +5.0% | +0.5% | 9th highest of 20 |
| Return on equity | -4.3% | -14.3% | 9th highest of 21 |
| Price / book | 0.96× | 3.49× | cheapest of 21 |
| ROE the price implies | 14.2% | 26.4% | 2nd least demanding of 21 |
| ROE delivered | -4.3% | -14.3% | 9th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| St. Barbara SBM.AX | Australia | $629M | +5% | -76% | -4% | 0.96× | 14.2% | -4.3% |
| Metals Exploration MTL.L | United Kingdom | $617M | +17% | -17% | 14% | 2.12× | 17.8% | 13.5% |
| Troilus Mining TLG.TO | Canada | $611M | -8% | n/a | -122% | 7.28× | 110.2% | -121.9% |
| Galiano Gold GAU.TO | Canada | $653M | +2% | +91% | 26% | 2.03× | 21.2% | 26.0% |
| Amaroq AMRQ.L | United Kingdom | $657M | 0% | +2,134% | 2% | 3.10× | 22.7% | 1.8% |
| New Found Gold NFGC.TO | Canada | $662M | -16% | n/a | -19% | 1.82× | 19.2% | -19.4% |
| First Mining Gold FF.TO | Canada | $670M | +33% | n/a | -33% | 4.14× | 30.4% | -32.5% |
| Anglo Asian Mining AAZ.L | United Kingdom | $590M | +30% | +220% | 58% | 4.42× | 39.4% | 58.0% |
| Tungsten West TUN.L | United Kingdom | $694M | -18% | n/a | -608% | 8.26× | 86.4% | -607.6% |
| Gold Reserve GRZ.V | Canada | $560M | -19% | n/a | -41% | 4.59× | 12.9% | -41.5% |
| Santacruz Silver Mining SCZ.TO | Canada | $707M | n/a | +38% | 22% | 3.28× | 53.5% | 22.1% |
| Griffin Mining GFM.L | United Kingdom | $711M | -4% | +29% | 12% | 2.42× | 21.0% | 12.0% |
| Andean Precious Metals APM.TO | Canada | $555M | -20% | +63% | 49% | 1.84× | 21.4% | 49.2% |
| Mako Mining MKO.V | Canada | $712M | +7% | +79% | 36% | 3.70× | 36.5% | 36.1% |
| Banyan Gold BYN.V | Canada | $554M | +18% | n/a | -5% | 5.50× | 64.9% | -4.8% |
| Forrestania Resources FRS.AX | Australia | $547M | -33% | n/a | -23% | 1.63× | 16.6% | -23.2% |
| Goldsky Resources GSKR.V | Canada | $543M | -28% | n/a | -22% | 1.75× | 15.8% | -21.8% |
| Brightstar Resources BTR.AX | Australia | $542M | +68% | +91% | -30% | 1.81× | 16.9% | -29.6% |
| IperionX IPX | United States | $540M | -66% | n/a | -74% | 5.42× | 64.6% | -74.1% |
| Turaco Gold TCG.AX | Australia | $540M | +29% | n/a | -31% | 8.06× | 112.3% | -31.4% |
| Founders Metals FDR.V | Canada | $734M | +42% | n/a | -9% | 5.52× | 30.0% | -9.2% |