St Barbara

SBM.ASX

Materials

Gold producer and explorer

Market Data

Price

$0.595

+0.0%

Market Cap

$695.6M

P/E Ratio

-100000.0x

EPS

$-0.006

Div. Yield

0.00%

52-Week Change

+0.0%

Latest Earnings

Quarterly Report Q3 FY26

29 April 2026

St Barbara completed a transformative quarter with the Lingbao strategic investment in New Simberi (A$389M cash received post-quarter), Final Investment Decision approval for the US$333M expansion, and regulatory approval for the Touquoy Restart in Nova Scotia. Q3 gold production of 11,974 ounces at A$6,892/oz generated strong operational cash flow, with the company now fully funded to develop three major projects targeting 200kozpa production by FY31. Key points: Strategic Lingbao investment completed on 2 April 2026 with A$389M cash received, transforming balance sheet and funding major capital programs; Final Investment Decision approved for US$333M New Simberi Gold Project expansion with Mining Lease extension to 2038; Q3 gold production surged 49% to 13,522oz with AISC declining 34% to A$4,323/oz, demonstrating operational improvements under new leadership

Recent Announcements

29 Apr 2026 Actual Results Positive

Quarterly Report Q3 FY26

20 Apr 2026 Guidance Neutral

Updated Group Production and Cost Outlook

St Barbara Limited (ASX: SBM) announced an updated long-term production outlook targeting a 59% compound annual growth rate in attributable gold production, rising from 48 koz in FY27 to 191 koz in FY30, driven by the New Simberi Gold Project (40% stake), Touquoy Restart, and 15-Mile Processing Hub Project in Canada, with total initial capital of US$315 million fully funded from existing cash of A$504 million and operating cash flow.

26 Mar 2026 Sph Neutral

Becoming a substantial holder

Vanguard Group (The Vanguard Group, Inc. became a substantial holder (5.662%).

6 Mar 2026 Sph Neutral

Ceasing to be a substantial holder

IPConcept (Luxembourg) S.A. ceased to be a substantial holder of St. Barbara Ltd. on 03/03/2026 following the sale of shares valued at AUD 1,871,010.48, reducing their voting power from 4.82% to below the substantial holder threshold.

28 Jan 2026 Actual Results Positive

Quarterly Report Q2 FY26

St Barbara delivered Q2 FY26 gold production of 9,057 ounces at higher costs due to processing plant issues, while advancing major development projects with strong feasibility studies for New Simberi (200kozpa) and Nova Scotia (100kozpa) projects. The company secured A$470 million in strategic partnerships and completed a A$58 million placement, positioning it for Final Investment Decision in Q3 FY26. Key points: New Simberi Feasibility Study confirmed 13-year mine life producing 200kozpa at US$1,100-1,400/oz AISC; 15-Mile Processing Hub Pre-Feasibility shows 100kozpa over 11+ years at US$708-1,432/oz AISC; Secured A$370M from Lingbao Gold for 50% interest and A$100M from Kumul for 20% interest in New Simberi

21 Aug 2025 Actual Results Neutral

FY25 Financial Report and Appendix 4E

St Barbara reported a statutory loss of $93.8M for FY25 (down 74% from $53.9M loss in FY24) with underlying loss of $52.1M, driven by investment in the Simberi Expansion Project and Atlantic care-and-maintenance costs while producing 51,168 ounces at A$4,428/oz. The company maintains a net asset position of $374M and $67M cash (excluding $89M restricted), with strategic focus on developing the Simberi Expansion Project and advancing Atlantic separation. Key points: Improved safety performance with TRIFR declining from 4.1 to 1.1; Simberi Expansion Project PFS confirmed improved +200kozpa Life of Mine Plan on Proven & Probable Ore Reserves; Simberi production of 51,168 ounces with 27% production uplift in H2 FY25 driven by equipment improvements

Get real-time alerts for SBM

Receive AI-powered earnings summaries and instant notifications when St Barbara releases results.