Added to YB: 2026-09-15
Pitch date: 2026-09-13
SBM.AX [bullish]
St Barbara Limited
-1.85%
current return
Author Info
No bio for this author
Company Info
St Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold.
Market Cap
AUD 967.8M
Pitch Price
AUD 0.81
Price Target
0.96 (+20%)
Dividend
6.25%
EV/EBITDA
-17.01
P/E
-33.76
EV/Sales
159.01
Sector
Metals and Mining
Category
special_situation
Weekly Watchlist - A merger arb opportunity? St Barbara Limited
SBM.AX (monitor): St Barbara’s sale of its remaining Simberi Gold stake to JV partner Lingbao improves the apparent risk/reward: at A$0.80 per share, the valuation work identifies A$0.96 of value before Canadian assets potentially worth ~A$1.90 per share. A fully permitted stockpile operation could generate ~A$100m over the next year, but Canadian permitting risk, a ~A$180m PNG tax dispute and a poor capital-allocation record remain unresolved.
Read full article (2 min)