BCN.AX
Strong BuyFull HouseAI neutralBeacon Minerals Limited · Basic Materials · Australia · $263M
AUD 3.03 +3.8% · close 8 Oct · scored 9 Oct
Full House: Strong business, sensible price, market agrees. The rare full house.
As of 9 Oct 2026, MoatMap's StockRank for Beacon Minerals Limited (BCN.AX) is 95/100: Quality 84, Value 65, Momentum 52, ranked against 24,000+ stocks in 35 markets.
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Beacon Minerals is a small Western Australian gold producer that reported record FY26 profit, helped by the Lady Ida ramp-up, asset sales and high gold prices. Its quality metrics look strong this year, but they reflect a cyclical peak in the gold price and one-off asset sales. A single-region junior miner has limited mine life visibility and no pricing power.
ABOUT BEACON MINERALS LIMITED
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Beacon Minerals Limited is an Australian gold producer primarily focused on its Jaurdi Gold Project in Western Australia, known for its low-cost open pit mining operations. As a junior producer, its market position is characterized by a strong reliance on its single, established asset and exposure to global gold price dynamics. The company aims for efficient, localized production to maintain profitability in the volatile precious metals market.
FINANCIAL SUMMARY (AUD)
| Year | 2021 | 2022 | 2023 | 2024 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 73.7M | 71.2M | 72.3M | 82.9M | 4.0% | 126.2M |
| EPS (AUD) | 0.23 | 0.16 | 0.06 | 0.09 | -26.1% | 0.41 |
| Shares | 89.6M | 91.0M | 93.9M | 93.9M | +4.8% | 116.4M |
| Debt | 18.6M | 1.1M | 0.8M | 9.4M | -20.5% | 9.3M |
| Equity | 51.5M | 58.7M | 62.3M | 67.8M | 9.6% | — |
| Op CF | — | 33.3M | 21.3M | 37.1M | 5.6% | 37.0M |
| Inv CF | -9.5M | -34.8M | -28.5M | -30.9M | — | — |
| Fin CF | -26.1M | -7.7M | -1.2M | -4.8M | — | — |
No new 52-week low for 17 weeks, 66% above that low, but not back above a rising 50-day average.
The Momentum score still reads 52: it looks back six months, so it has not caught up with this fall.
Swung more than 80% of stocks we rank over the past year (66% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of BCN.AX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BCN.AX | Beacon Minerals Limited(you) | $263M | 95 | Strong Buy |
| TBR.AX | Tribune Resources Limited | $187M | 99 | Strong Buy |
| FML.AX | Focus Minerals Limited | $394M | 93 | Strong Buy |
| KCN.AX | Kingsgate Consolidated Limited | $967M | 94 | Strong Buy |
| LSX.AX | Lion Selection Group Limited | $90M | 82 | Strong Buy |
| RSG.AX | Resolute Mining Limited | $1.8B | 94 | Strong Buy |
| KAU.AX | Kaiser Reef Limited | $94M | 75 | Buy |
| ALK.TO | Alkane Resources Ltd | $1.9B | 98 | Strong Buy |
| MEK.AX | Meeka Metals Limited | $295M | 53 | Hold |
| OBM.AX | Ora Banda Mining Limited | $2.1B | 89 | Strong Buy |
Peer medians: ROE -7.1% · P/E 13.0x · Gross margin 99.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.