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BSX.AX ASX Advanced Medical Equipment & Technology

Blackstone Minerals Ltd

A$0,04
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1D5D1M3M6MYTD1Y5YMax
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Mcap
P/E
EV / Rev
Div yield
Op margin
-743,6 %
ROE
-11,6 %
Net margin
-811,2 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Blackstone Minerals Ltd is a diversified mining company operating in the basic materials sector, primarily engaged in the exploration and production of minerals.

Business. Blackstone Minerals Ltd (BSX.AX) is an Australian company listed on the Australian Securities Exchange that operates within the Advanced Medical Equipment & Technology industry. The firm generates revenue through the sale of products in the health care sector. Specific details regarding operating segments and geographic concentrations are not disclosed in the available data.

Classification99 %
SectorHealth Care
Industry groupAdvanced Medical Equipment & Technology
Generated · model-assisted
Sell-side consensus
BUY35 analysts
28 buy7 hold0 sell
Avg 12m price target78,30

Analyst recommendations

35 analysts · consensus Buy
Buy28
Hold7
Sell0
12-month price target
78,30
Consensus of sell-side coverage.
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
35 analysts · indicative
Ownership
not yet wired
Profitability
-11,6 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning BSX.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to BSX.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Blackstone Minerals Ltd (BSX.AX) is an Australian company listed on the Australian Securities Exchange that operates within the Advanced Medical Equipment & Technology industry. The firm generates revenue through the sale of products in the health care sector. Specific details regarding operating segments and geographic concentrations are not disclosed in the available data.

    Classification99 %
    SectorHealth Care
    Industry groupAdvanced Medical Equipment & Technology
    AI synthesis
    GENERATED

    Blackstone Minerals Ltd has a negative return on equity of -11.56% and a negative return on assets of -11.63%, indicating poor capital efficiency and asset utilization. The company's liquidity position is assessed as medium, with a current ratio of 0.3, suggesting limited short-term liquidity to cover immediate obligations. The company has no long-term debt, but its operating cash flow is negative at -5,844,610 AUD, and free cash flow is also negative at -9,234,760 AUD, indicating ongoing cash outflows.

    The company's profitability is severely underperforming, with a net loss of -9,724,530 AUD and an operating loss of -8,913,920 AUD. These figures are significantly below the industry median for profitability metrics, highlighting a challenging operational environment. The negative gross profit of -780,510 AUD further underscores the company's inability to generate profit from its core operations.

    Blackstone Minerals Ltd's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification reported. This lack of diversification increases the company's exposure to regional economic and regulatory risks. The company's revenue is entirely derived from its mining operations, with no disclosed segments or geographic breakdown.

    The company's growth trajectory is negative, with a significant decline in revenue and profitability. The outlook for the current fiscal year indicates a continuation of this trend, with no signs of improvement in the near term. The company's capital expenditure of -111,910 AUD suggests minimal investment in growth initiatives, further limiting its ability to improve performance.

    The company's risk assessment indicates a medium liquidity risk, primarily due to its negative operating cash flow and free cash flow. The risk of dilution is assessed as low, with no significant dilution events reported in the recent financial statements. The company's total liabilities are negative at -492,770 AUD, indicating a net cash position, but this is offset by the absence of long-term debt.

    Recent events, including financial filings and transcripts, indicate ongoing operational challenges and a lack of strategic direction. The company has not disclosed any material events or strategic initiatives that could improve its financial performance in the near term.

    Key takeaways
    • Blackstone Minerals Ltd is experiencing significant financial distress, with negative returns on equity and assets.
    • The company's liquidity position is weak, with a current ratio of 0.3 and negative operating and free cash flows.
    • The company's profitability is severely underperforming, with a net loss of -9,724,530 AUD and an operating loss of -8,913,920 AUD.
    • The company lacks geographic and segment diversification, increasing its exposure to regional risks.
    • The company's growth trajectory is negative, with no signs of improvement in the near term.
    • The risk of dilution is low, but the company's liquidity risk remains a concern.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$0,04
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    A$84.1M
    Net cash
    -A$241.6k
    Current ratio
    0.3
    Debt / equity
    0.0
    ROA
    -11.6%
    ROE
    -11.6%
    Cash conversion
    60.0%
    CapEx / revenue
    -9.3%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Cardiovascular Devices66,0 %
    disclosed · sec_xbrl · 2025-12-31

    Market share

    INDUSTRYSEGMENTCOMPANYHealthcareIndustryAdvanced Medical Equipment & Technology170,9B node revenueTMO 26,1%DHR 14,4%GEHC 12,1%PHG 11,9%BSX 11,7%ISRG 5,9%A 4,1%EW 3,5%Other 10,4%
    Source: company disclosures · own-taxonomy revenue-covered set · attribution: collision-suspect (indicative)BSX 11,7% · rank #5 of 46

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    Peer comparison7 peers · vs BSX · multiples and returns
    TM
    TMO
    Thermo Fisher Scientific Inc
    $574,03
    214,1B USD
    P/E
    29,4x
    vs self
    Div yield
    0,3 %
    vs self
    ROE
    12,9 %
    vs self
    DH
    DHR
    Danaher Corp
    $197,50
    140,1B USD
    P/E
    38,2x
    vs self
    Div yield
    vs self
    ROE
    6,9 %
    vs self
    GE
    GEHC
    GE HEALTHCARE TECHNOLOGIES INC.
    $69,72
    31,9B USD
    P/E
    13,6x
    vs self
    Div yield
    0,2 %
    vs self
    ROE
    19,5 %
    vs self
    PH
    PHG
    PHG
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self
    IS
    ISRG
    INTUITIVE SURGICAL, INC.
    $376,00
    133,2B USD
    P/E
    287,7x
    vs self
    Div yield
    vs self
    ROE
    3,6 %
    vs self
    A
    A
    Agilent Technologies Inc
    $139,80
    39,6B USD
    P/E
    29,0x
    vs self
    Div yield
    0,8 %
    vs self
    ROE
    19,3 %
    vs self
    EW
    EW
    Edwards Lifesciences Corp
    $88,82
    51,6B USD
    P/E
    44,3x
    vs self
    Div yield
    vs self
    ROE
    10,4 %
    vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    3,36
    Predicted surprise
    -0,05
    Beat probability
    45 %
    Analysts
    35
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-06-25 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Corporate eventM&A horizon
    M&A probabilityconf 3 %
    Probability
    3 %
    Base rate
    3 %
    Band
    180-day horizon · target 2027-01-19 · 1,0× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowA$55,00
    MeanA$78,30
    MedianA$75,00
    HighA$118,00
    SpotA$0,04
    +205946.6 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-743,6 %Bottom quartile
    Net Margin-811,2 %Bottom quartile
    ROE-11,6 %Below median
    Capex / Rev-9,3 %Below median
    D/E0,00Above median
    Cash Conv0,60Below median

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    3 %
    Base rate
    3 %
    Band
    Low
    180-day horizon · target 2027-01-19 · 1,0× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 2 518 sh10 exercises · 8 grants7 insiders
    • Monson JonathanEVP and CFO · Restricted Stock Units → Common StockDisposed 2 087exercise · 2026-07-01
    • Smith Cathy RDirector · Deferred Stock Units → Common StockAcquired 3 800grant · 2026-05-07
    • Pegus CherylDirector · Deferred Stock Units → Common StockAcquired 3 800grant · 2026-05-07
    • Pegus CherylDirector · Deferred Stock Units → Common StockAcquired 1 281grant · 2026-05-07
    • Smith Cathy RDirector · Deferred Stock Units → Common StockAcquired 2 209grant · 2026-05-07
    • Weber Christophe PierreDirector · Deferred Stock Units → Common StockAcquired 2 660grant · 2026-05-07
    • O'Connor Padraig AndrewEVP, Global Operations · Restricted Stock Units → Common StockDisposed 1 802exercise · 2026-05-02
    • Butcher Arthur CEVP& Grp Pres, MedSurg & APAC · Restricted Stock Units → Common StockDisposed 2 102exercise · 2026-05-02
    • Smith Cathy RDirector · Deferred Stock Units → Common StockAcquired 323grant · 2026-03-02
    • Smith Cathy RDirector · Deferred Stock Units → Common StockAcquired 556grant · 2026-03-02
    • Pegus CherylDirector · Deferred Stock Units → Common StockAcquired 24grant · 2026-03-02
    • Woodworth EmilySVP, Global Controller and CAO · Restricted Stock Units → Common StockDisposed 838exercise · 2026-03-01
    • Woodworth EmilySVP, Global Controller and CAO · Restricted Stock Units → Common StockDisposed 637exercise · 2026-02-16
    • O'Connor Padraig AndrewEVP, Global Operations · Restricted Stock Units → Common StockDisposed 905exercise · 2026-02-16
    • Woodworth EmilySVP, Global Controller and CAO · Restricted Stock Units → Common StockDisposed 661exercise · 2026-02-14
    • O'Connor Padraig AndrewEVP, Global Operations · Restricted Stock Units → Common StockDisposed 1 190exercise · 2026-02-14
    • O'Connor Padraig AndrewEVP, Global Operations · Restricted Stock Units → Common StockDisposed 500exercise · 2026-02-13
    • Woodworth EmilySVP, Global Controller and CAO · Restricted Stock Units → Common StockDisposed 1 413exercise · 2026-02-13

    Physical assets

    2 tracked
    AssetTypeCommodityCountryRole
    Ban PhucOtherCopperVietnamOperating company
    Ban PhucMineCopperVietnamOperating company
    Tracked physical assets associated with this issuer (operated, managed, or owned).

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Blackstone Minerals Ltd Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    Net buying5 buys · 0 sellsnet $781K14 insiders · last 365d
    • Fitzgerald Joseph MichaelEVP & Group Pres, Cardiology · Common StockOther 64 198 @ $46,73$3,0M · 2026-07-31
    • LUDWIG EDWARD JDirector · Common StockBought 5 000 @ $45,48$227K · 2026-07-31
    • Monson JonathanEVP and CFO · Common StockOther 1 010 @ $43,06$43K · 2026-07-01
    • Monson JonathanEVP and CFO · Common StockOther 2 087 · 2026-07-01
    • Mahoney Michael FDirector, Chairman, President & CEO · Common StockOther 386 755 · 2026-05-28
    • LUDWIG EDWARD JDirector · Common StockBought 3 580 @ $56,68$203K · 2026-05-20
    • Habiger David CDirector · Common StockBought 2 250 @ $55,92$126K · 2026-05-20
    • Pegus CherylDirector · Common StockBought 1 770 @ $56,49$100K · 2026-05-20
    • Habiger David CDirector · Common StockBought 2 200 @ $56,95$125K · 2026-05-19
    • WICHMANN DAVID SDirector · Common StockOther 3 800 · 2026-05-07
    • Weber Christophe PierreDirector · Common StockOther 1 767 · 2026-05-07
    • Weber Christophe PierreDirector · Common StockOther 1 140 · 2026-05-07
    • Morano Susan EDirector · Common StockOther 3 800 · 2026-05-07
    • Zane Ellen MDirector · Common StockOther 3 800 · 2026-05-07
    • Mega Jessica LDirector · Common StockOther 3 800 · 2026-05-07
    • LUDWIG EDWARD JDirector · Common StockOther 3 800 · 2026-05-07
    • Habiger David CDirector · Common StockOther 3 800 · 2026-05-07
    • Morano Susan EDirector · Common StockOther 1 281 · 2026-05-07
    • Butcher Arthur CEVP& Grp Pres, MedSurg & APAC · Common StockOther 2 102 · 2026-05-02
    • O'Connor Padraig AndrewEVP, Global Operations · Common StockOther 1 802 · 2026-05-02
    • O'Connor Padraig AndrewEVP, Global Operations · Common StockOther 872 @ $56,50$49K · 2026-05-02
    • Butcher Arthur CEVP& Grp Pres, MedSurg & APAC · Common StockOther 1 007 @ $56,50$57K · 2026-05-02
    • Weber Christophe PierreDirector · Common StockOther 556 · 2026-03-02
    • Morano Susan EDirector · Common StockOther 24 · 2026-03-02
    • Weber Christophe PierreDirector · Common StockOther 323 · 2026-03-02

    Short positioning

    28.3Mshares short+1.2% vs prior
    1.69days to cover
    39.0%short of daily vol
    13.8Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)
    Index membership
    S&P 500United States

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    BSX.AXCanonical
    ASX · AUD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,05M&A prob3 %Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    • Capex (YoY) (2025-12-31 vs 2024-12-31): 10.9%Derived (calculated)
    • Current ratio (FY 2025-12-31): 1.62xDerived (calculated)
    • Gross margin (FY 2025-12-31): 69.0%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 11.3%Derived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 19.9%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 38.8%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 10.9%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 32.0%Derived (calculated)
    • Gross profit (YoY) (2025-12-31 vs 2024-12-31): 20.6%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 55.2%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 55.6%Derived (calculated)
    • Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 18.3%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 374.6%Derived (calculated)
    • Total operating expenses (annual): USD 10.24BSEC XBRL filing
    • Pre-tax income (annual): USD 3.38BSEC XBRL filing
    • Cost of revenue (annual): USD 6.22BSEC XBRL filing
    • Cash & equivalents (annual): USD 1.97BSEC XBRL filing
    • Interest expense (annual): USD 349MSEC XBRL filing
    • Operating cash flow (annual): USD 4.53BSEC XBRL filing
    • Revenue (annual): USD 20.07BSEC XBRL filing
    • Shareholders' equity (annual): USD 24.23BSEC XBRL filing
    • Capex (annual): USD 876MSEC XBRL filing
    • Operating income (annual): USD 3.61BSEC XBRL filing
    • EPS (basic) (annual): USD-PER-SHARES 2SEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-30 04:36 UTCFILINGMaterial 8-K
    2026-07-29 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-07-28 04:34 UTCFILINGMaterial 8-K
    2026-07-13CONGRESSJohn Boozman (senate) sale shares → $1,001 - $15,000
    2026-07-01INSIDERMonson Jonathan transacted 1.0k sh — EVP and CFO ~$43k
    2026-07-01INSIDERMonson Jonathan transacted 2.1k sh — EVP and CFO
    2026-07-01INSIDERMonson Jonathan disposed of 2.1k sh Restricted Stock Units — EVP and CFO
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-24 03:12 UTCHOLDERInstitutional holding changed
    2026-06-24 03:12 UTCHOLDER1 institutional position change flagged (1 major)
    2026-06-21 02:57 UTCHOLDERInstitutional holding changed
    2026-06-21 02:57 UTCHOLDER1 institutional position change flagged (1 major)
    2026-05-28 00:00 UTCINSIDER25 insider transactions — 2026-05 · net buy $448k 7 derivative
    2026-05-28 00:00 UTCINSIDER25 insider transactions — 2026-05 · net buy $448k 7 derivative
    2026-05-28INSIDERMahoney Michael F transacted 386.8k sh — Director, Chairman, President & CEO
    2026-05-20INSIDERLUDWIG EDWARD J bought 3.6k sh — Director ~$203k
    2026-05-20INSIDERHabiger David C bought 2.2k sh — Director ~$126k
    2026-05-20INSIDERPegus Cheryl bought 1.8k sh — Director ~$100k
    2026-05-19INSIDERHabiger David C bought 2.2k sh — Director ~$125k
    2026-05-18FILING8-K filing →
    2026-05-18FILING8-K filing →
    2026-05-07INSIDERWICHMANN DAVID S transacted 3.8k sh — Director
    2026-05-07INSIDERWeber Christophe Pierre transacted 1.8k sh — Director
    2026-05-07INSIDERWeber Christophe Pierre transacted 1.1k sh — Director
    2026-05-07INSIDERMorano Susan E transacted 3.8k sh — Director
    2026-05-07INSIDERZane Ellen M transacted 3.8k sh — Director
    2026-05-07INSIDERMega Jessica L transacted 3.8k sh — Director
    2026-05-07INSIDERLUDWIG EDWARD J transacted 3.8k sh — Director
    2026-05-07INSIDERHabiger David C transacted 3.8k sh — Director
    2026-05-07INSIDERMorano Susan E transacted 1.3k sh — Director
    2026-05-07INSIDERWeber Christophe Pierre acquired 2.7k sh Deferred Stock Units — Director
    2026-05-07INSIDERPegus Cheryl acquired 3.8k sh Deferred Stock Units — Director
    2026-05-07INSIDERSmith Cathy R acquired 2.2k sh Deferred Stock Units — Director
    2026-05-07INSIDERSmith Cathy R acquired 3.8k sh Deferred Stock Units — Director
    2026-05-07INSIDERPegus Cheryl acquired 1.3k sh Deferred Stock Units — Director
    2026-05-05FILING8-K filing →
    2026-05-02INSIDERButcher Arthur C transacted 2.1k sh — EVP& Grp Pres, MedSurg & APAC
    2026-05-02INSIDERO'Connor Padraig Andrew transacted 1.8k sh — EVP, Global Operations
    Showing the 40 most recent of 85 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage