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AU 457800 | Enterprise Profile

Boab Metals Limited

IW
IBISWorld Research Department
Analyst Australia

Boab Metals is a Public Company that generates the majority of its income from the Silver, Lead and Zinc Ore Mining industry. In 2025 the company generated total revenue of $174,000 including sales and other revenue. The exact number of employees for this organisation is not available. The Chief Executive of Boab Metals is Mr Simon Noon whose official title is Managing Director & Chief Executive Officer. The Chairman of Boab Metals is Mr Gary Comb whose official title is Chairman. Boab Metals Limited is an ASX listed base & precious metals exploration and development company based in Perth Western Australia. The company is engaged in the development of the following projects: Sorby Hills Base Metals Project – Boab Metals Limited's 75% owned Sorby Hills Project is located 50km northeast of Kununurra in the East Kimberley, 150km from Wyndham Port. Manbarrum Project - Boab Metals’s 100% owned Manbarrum Project is located within the Northern Territory, 25 km east of Boab’s flagship Sorby Hills Project.Boab Metals Limited's non-core assets include: Borroloola West Joint Venture Project - This project is located in the McArthur and Mt Isa Basins and comprises nine exploration licences and one mining licence. Limestone Creek EL31354 - Limestone Creek lies north of the Coppermine Creek prospect within the Borroloola West Joint Venture and was selected for its proximity to basaltic volcanics. Mount Jukes - The Mount Jukes Copper/Gold/Base Metals Project is located in Tasmania and is both managed and operated by Corona Resources Limited. Colombia - The company’s Colombian Projects include the Berrio, Natagaima, and Urrao Projects.

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What's included in this industry analysis

IBISWorld's research coverage on the Boab Metals Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.

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Company Details

What’s this enterprise profile about?

Boab Metals Limited, trading as Boab Metals, operates under the ABN 43 107 159 713 and was incorporated on 25 November 2003. Boab Metals Limited trades on the Australian Securities Exchange under the ticker code ASX:BML. Boab Metals Limited primarily operates in the Silver, Lead and Zinc Ore Mining industry in Australia.

Key Personnel

What’s included in the Key Personnel chapter?

The Key Personnel chapter outlines the principal leadership positions within Boab Metals Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.

Financials

What’s included in the Financials chapter?

The Financials chapter presents Boab Metals Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.

Growth & Ratios

What’s included in the Growth & Rations chapter?

The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.

Operating Segments

What’s included in the Operating Segments chapter?

The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Boab Metals Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.

Competitor Benchmarking

What’s included in the Competitor Benchmarking chapter?

The Competitor Benchmarking chapter includes a comparative assessment of Boab Metals Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.

Shareholders

What’s included in the Shareholders chapter?

The Shareholders chapter provides a breakdown of the ownership structure of Boab Metals Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.

Subsidiaries

What’s included in the Subsidiaries chapter?

The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Boab Metals Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.

History

What’s included in the History chapter?

The History chapter presents a overview of Boab Metals Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.

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Frequently Asked Questions

What is Boab Metals Limited?

Boab Metals Limited is an ASX listed base & precious metals exploration and development company based in Perth Western Australia. The company is engaged in the development of the following projects: Sorby Hills Base Metals Project – Boab Metals Limited's 75% owned Sorby Hills Project is located 50km northeast of Kununurra in the East Kimberley, 150km from Wyndham Port. Manbarrum Project - Boab Metals’s 100% owned Manbarrum Project is located within the Northern Territory, 25 km east of Boab’s flagship Sorby Hills Project.Boab Metals Limited's non-core assets include: Borroloola West Joint Venture Project - This project is located in the McArthur and Mt Isa Basins and comprises nine exploration licences and one mining licence. Limestone Creek EL31354 - Limestone Creek lies north of the Coppermine Creek prospect within the Borroloola West Joint Venture and was selected for its proximity to basaltic volcanics. Mount Jukes - The Mount Jukes Copper/Gold/Base Metals Project is located in Tasmania and is both managed and operated by Corona Resources Limited. Colombia - The company’s Colombian Projects include the Berrio, Natagaima, and Urrao Projects.

What industry does Boab Metals Limited operate in?

Boab Metals Limited, trading as Boab Metals, is a Public Company that generates the majority of its income from the Silver, Lead and Zinc Ore Mining industry in Australia.

Where is Boab Metals Limited located?

Murray Cod Australia Limited company is based at 4 Clive Street, West perth, Western Australia, Australia.

Who is the CEO of Boab Metals Limited?

The Managing Director & Chief Executive Officer of Boab Metals Limited is Gary Comb and the Managing Director & Chief Executive Officer is Simon Noon.

What was Boab Metals Limited’s revenue in 2025?

In 2025, Boab Metals Limited generated total revenue of approximately $174.0 thousand.

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