Beacon Minerals Limited

BCN.AX

Gold · Basic Materials

Exchange

Australian Securities Exchange

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Data as of Aug 23, 2026 · filings through Dec 31, 2025

How the score breaks down

Quality

Mixed

Growth

Mixed

Cash Flow

Exceptional

Stability

Good

Valuation

Data not available

Dividends

Good

Track this stock — start free trial

Winston Score History

The full picture

Beacon Minerals Limited is a small Australian gold mining company. It mines gold ore from its Jaurdi Gold Project, located in the Goldfields region of Western Australia — one of the world's most productive gold-mining areas. The company sells gold bullion to refiners and bullion dealers, which is the standard end market for junior gold producers.

Beacon earns revenue by selling the gold it extracts and processes through its own carbon-in-leach processing plant at Jaurdi. The company operates entirely in Western Australia and, with a market cap of around $300 million, is considered a small-cap or junior miner. Its thin gross margin of 19% and negative operating margin signal that costs are currently eating into profits, which is a real risk for a company this size. The main challenge Beacon faces is keeping its all-in sustaining costs low enough to remain profitable if gold prices fall or ore grades decline.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+51.1% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

-274.4% YoY

YoY Growth Rate

Earnings declining

Insider Activity

54.1%ownership

↑ Rising

Insiders increasing their stake — aligned with shareholders

Cash Position

Cash flow positive

A$21M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Beacon Minerals Limited grew revenue 51% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

34.9%

Modest — 34.9% gross margin

Profit after running costs

Operating Margin

28.8%

Excellent — 28.8% operating margin

Return on the money invested

ROCE

-6.2%

Weak — -6.2% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+78.7%

Fast-growing sales (+78.7% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

2/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

455%

Turns 455% of profit into real cash

Spare cash per sale

FCF Margin

15.7%

Converts sales into free cash efficiently (15.7%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.05

Conservative — low debt load (0.05)

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend

Dividend Yield

4.87%

no trend

Healthy income — 4.87% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record

Dividend Growth

N/A

no trend

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial