BM1 Shares Ballard Mining Limited
ASX · ASXLast in our picks 2026-10-20 — not in the current list; analysis below is from that screen
Analyst-covered exploration exposure offers high-risk, high-reward upside from current valuation.
Future value: $1.15 (+81.10%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Analyst consensus remains Moderate Buy with substantial upside.
- ▾Below 50-day MA (-11.61%)
- ▸~81% upside to price target
Is BM1 a buy right now?
Trend: BM1 is trading below the 50-day average (-14.08%), RSI 46 — neutral momentum, with a 3-month return of +5.17%.
Valuation & quality: Ballard Mining Limited trades on forward P/E -26.5, price-to-book 1.74; fundamentals show net margin 0.0%, return on equity -2.9%.
Analyst consensus: 1 analysts have a mean 12-month price target of A$1.20 (+96.7% vs the last close; range A$1.20 – A$1.20), consensus rating “strong buy”.
Our screen: BUY (score 3) — Analyst-covered exploration exposure offers high-risk, high-reward upside from current valuation.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -24.20% | -4.30% | +16.70% | -16.90% | -6.20% | +23.30% | +9.50% | -24.70% |
Fundamentals
Analyst price target
Technical signals
About Ballard Mining Limited
Ballard Mining Limited operates as a gold exploration and development company in Australia. It explores for gold.
Sector: Basic Materials · Industry: Gold · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.