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Added to YB: 2026-09-09

Pitch date: 2026-09-07

SMR.AX [bullish]

Stanmore Resources Limited

+1.62%

current return

Author Info

No bio for this author

Company Info

Stanmore Resources Limited engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Market Cap

AUD 2.0B

Pitch Price

AUD 3.09

Price Target

N/A

Dividend

4.07%

EV/EBITDA

6.40

P/E

-48.14

EV/Sales

1.31

Sector

Metals and Mining

Category

turnaround

Show full summary:
Some more coal ideas - Stanmore ($SMR.AX)

SMR.AX: Stanmore trades at US$1.9bn, or potentially little more than 2x EBITDA if the recent US$50/t PCI-price recovery has lifted margins from first-half US$27/t toward US$60/t. The core upside is the Isaac Downs Extension, where production is expected to begin in 2028 and could double while operating costs nearly halve. Permitting remains the key near-term uncertainty, while coal prices and geology directly affect margins.

Read full article (3 min)