Bushveld Minerals (BMN.L) Stock Price

Bushveld Minerals Price

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0 USD
Last traded price
Today +/-
Today %

Bushveld Minerals (BMN.L) Stock | ISIN GG00B4TM3943 | WKN A1KBVY. Revenue is 112.99 M USD. Bushveld Minerals operates in the Commodities sector.

Revenue has compounded at 91.4% per year over the past 6 years to 137.47 M USD. Bushveld Minerals's net margin stands at -75.6%, down from 53.2% several years earlier.

Bushveld Minerals stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Bushveld Minerals over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Bushveld Minerals stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Bushveld Minerals's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Bushveld Minerals Stock Price History
DateBushveld Minerals Price
Access this data via the Eulerpool API

Bushveld Minerals Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2008
0 USD
0 USD
0 USD
Jan 1, 2009
0 USD
0 USD
0 USD
Jan 1, 2010
0 USD
0 USD
-100,000 USD
Jan 1, 2011
0 USD
0 USD
0 USD
Jan 1, 2012
0 USD
-3.4 M USD
-3.6 M USD
Jan 1, 2013
0 USD
-2.1 M USD
-600,000 USD
Jan 1, 2014
0 USD
-5 M USD
-4.1 M USD
Jan 1, 2015
0 USD
-2.4 M USD
-2.6 M USD
Jan 1, 2016
0 USD
-2 M USD
-2.2 M USD
Jan 1, 2017
2.8 M USD
-2.1 M USD
-1.2 M USD
Jan 1, 2018
192.1 M USD
95.2 M USD
30.2 M USD
Jan 1, 2019
116.5 M USD
22.2 M USD
62 M USD
Jan 1, 2020
90 M USD
-32.8 M USD
-30.6 M USD
Jan 1, 2021
106.9 M USD
-26.9 M USD
-32.9 M USD
Jan 1, 2022
148.4 M USD
3.9 M USD
-39 M USD

Bushveld Minerals Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 18, 2026, 4:23 AM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (B)
DOCUMENTS
2021202220232024e2025e2026e2027e2028e
10614813793102112121233
17.7839.62-7.43-32.129.689.88.0492.56
3.7727.0310.9516.1314.7113.3912.46.44
440151515151515
-32-39-103-2800021
6.6721.88164.1-72.82
1.21.271.41.41.41.41.41.4
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Bushveld Minerals generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Bushveld Minerals retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Bushveld Minerals's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Bushveld Minerals has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Bushveld Minerals's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Bushveld Minerals stock margins

The Bushveld Minerals margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Bushveld Minerals. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Bushveld Minerals.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2008
11.2 %
0 %
0 %
Jan 1, 2009
11.2 %
0 %
0 %
Jan 1, 2010
11.2 %
0 %
- %
Jan 1, 2011
11.2 %
0 %
0 %
Jan 1, 2012
11.2 %
- %
- %
Jan 1, 2013
11.2 %
- %
- %
Jan 1, 2014
11.2 %
- %
- %
Jan 1, 2015
11.2 %
- %
- %
Jan 1, 2016
11.2 %
- %
- %
Jan 1, 2017
50 %
-75 %
-42.86 %
Jan 1, 2018
66.01 %
49.56 %
15.72 %
Jan 1, 2019
51.76 %
19.06 %
53.22 %
Jan 1, 2020
-1.44 %
-36.44 %
-34 %
Jan 1, 2021
3.84 %
-25.16 %
-30.78 %
Jan 1, 2022
27.02 %
2.63 %
-26.28 %

Bushveld Minerals Stock Revenue, EBIT, Earnings per Share

The Bushveld Minerals earnings per share therefore indicates how much revenue Bushveld Minerals has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2008
0 USD
0 USD
0 USD
Jan 1, 2009
0 USD
0 USD
0 USD
Jan 1, 2010
0 USD
0 USD
-0 USD
Jan 1, 2011
0 USD
0 USD
0 USD
Jan 1, 2012
0 USD
-0.01 USD
-0.02 USD
Jan 1, 2013
0 USD
-0.01 USD
-0 USD
Jan 1, 2014
0 USD
-0.01 USD
-0.01 USD
Jan 1, 2015
0 USD
-0.01 USD
-0.01 USD
Jan 1, 2016
0 USD
-0 USD
-0 USD
Jan 1, 2017
0 USD
-0 USD
-0 USD
Jan 1, 2018
0.18 USD
0.09 USD
0.03 USD
Jan 1, 2019
0.1 USD
0.02 USD
0.05 USD
Jan 1, 2020
0.08 USD
-0.03 USD
-0.03 USD
Jan 1, 2021
0.09 USD
-0.02 USD
-0.03 USD
Jan 1, 2022
0.12 USD
0 USD
-0.03 USD

Bushveld Minerals business model & stock analysis

Bushveld Minerals Ltd is a mining and energy infrastructure company based in London, specializing in the extraction of vanadium and other precious metals in South Africa. The company was founded in 2011 by Fortune Mojapelo to enable the extraction of high-grade iron and vanadium deposits in Bushveld, South Africa. The company achieved its first milestone in 2014 with the introduction of its first vanadium product to the market. Over the years, Bushveld Minerals has invested in the modernization of its mines, increasing its effective capacity, and undertaking various new projects. The company's business model is based on sustainable vanadium mining, which plays an increasingly important role in many industries due to its properties such as high malleability, strength, and corrosion resistance. Bushveld Minerals utilizes advanced technology and efficient production methods to reduce energy and resource consumption. The company also focuses on sustainable mining practices to minimize environmental impact. The company's core activities include vanadium production, energy infrastructure, and metal manufacturing. One aspect of its production is dedicated to the extraction of vanadium redox flow batteries, which are used in renewable energy, electronic devices, automotive, and aviation industries. Another significant product is the production of vanadium oxide, which is used to enhance material strength and corrosion protection. Over the years, Bushveld Minerals has made significant investments in establishing its own energy infrastructure, including acquiring rights to existing power transmission lines and constructing new energy networks. The company follows an integrated approach, controlling the entire product life cycle from mining to energy infrastructure. This infrastructure enables Bushveld to reduce energy costs and maximize capacity utilization in its operations. In addition to vanadium extraction, Bushveld Minerals is also involved in metal manufacturing. The company has made important acquisitions of chrome extraction plants, contributing to a significant portion of the global chrome market. In summary, Bushveld Minerals Ltd offers a broad and impressive portfolio of products and services. Its sustainable business model, with a focus on resource and energy-efficient vanadium extraction and energy infrastructure, allows the company to thrive in a competitive market. By prioritizing energy efficiency, sustainable development, and innovative technologies, Bushveld Minerals positions itself as a leader in the industry.

Bushveld Minerals SWOT Analysis

Strengths

Bushveld Minerals Ltd has a strong position in the vanadium market, possessing one of the world's largest high-grade primary vanadium resources. This provides a significant competitive advantage in terms of securing market share and ensuring a stable supply of vanadium.

The company's diversified portfolio of assets across South Africa, including the Vametco, Brits, and Mokopane projects, strengthens its position and reduces the reliance on any single mine for revenue generation.

Weaknesses

One of the key weaknesses of Bushveld Minerals Ltd is its susceptibility to fluctuations in the global vanadium market. As the demand and price of vanadium are subject to market dynamics, the company's financial performance and profitability may be impacted by such volatility.

Opportunities

Bushveld Minerals Ltd has an opportunity to further expand its presence in the vanadium market by exploring and developing new projects or through strategic acquisitions. With the increasing demand for vanadium in steel production, energy storage, and other emerging applications, the company can capitalize on the growing market to drive its revenue and profitability.

Threats

The main threat faced by Bushveld Minerals Ltd is the potential competition from other vanadium producers. In addition, changes in government regulations, economic instability, or geopolitical factors in the jurisdictions where the company operates may impact its operations and profitability. It is important for the company to proactively monitor and adapt to such external threats.

Bushveld Minerals Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Bushveld Minerals historical P/E ratio, EBIT multiple, and P/S ratio

Bushveld Minerals annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Bushveld Minerals shares outstanding

The number of shares was Bushveld Minerals in 2025 — This indicates how many shares 1.4 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2008
284 M base_Shares
Jan 1, 2009
284 M base_Shares
Jan 1, 2010
284 M base_Shares
Jan 1, 2011
284 M base_Shares
Jan 1, 2012
235.9 M base_Shares
Jan 1, 2013
330.4 M base_Shares
Jan 1, 2014
460.4 M base_Shares
Jan 1, 2015
460.4 M base_Shares
Jan 1, 2016
601.8 M base_Shares
Jan 1, 2017
648.7 M base_Shares
Jan 1, 2018
1.04 B base_Shares
Jan 1, 2019
1.14 B base_Shares
Jan 1, 2020
1.16 B base_Shares
Jan 1, 2021
1.2 B base_Shares
Jan 1, 2022
1.27 B base_Shares
Price targets and forecasts for Bushveld Minerals are not yet available.

Bushveld Minerals Earnings Estimates

Bushveld Minerals Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
9/30/20200USD54.81 MUSD2020 Q2
6/23/20200.01USD-USD2019 Q4

EESG©

Eulerpool ESG Scorecard© for the Bushveld Minerals stock

60/100
58
Environment
58
Social
64
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions147,024
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees23.3
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Bushveld Minerals shareholder structure

% Name
23.62647%
Southern Point Resource Partners Ltd.
Southern Point Resource Partners Ltd.
21.85026%
Hargreaves Lansdown Asset Management Limited
Hargreaves Lansdown Asset Management Limited
16.12958%
Interactive Investor Trading, Ltd.
Interactive Investor Trading, Ltd.
10.8648%
Business Venture Investments No. 973 Proprietary Ltd.
Business Venture Investments No. 973 Proprietary Ltd.
9.85265%
Orange Trust
Orange Trust
9.33114%
Acacia Resources Ltd.
Acacia Resources Ltd.
8.91273%
Orion Resource Partners (USA) LP
Orion Resource Partners (USA) LP
7.26342%
Sattar (Kamran)
Sattar (Kamran)
0.34014%
Alcock (Kevin)
Alcock (Kevin)
0.28952%
Coltman (Craig W.)
Coltman (Craig W.)

Bushveld Minerals Executives and Management Board

KA

Mr. Kevin Alcock

(61)

Senior Independent Non-Executive Director

Compensation55,940 USD
MB

Mr. Mirco Bardella

(65)

Independent Non-Executive Director

Compensation55,940 USD
RT

Mr. Robbie Taylor

(55)

Interim Chief Financial Officer

SM

Ms. Sibu Majozi

(40)

Group Executive - Corporate Affairs and Sustainability, Human Resources

LM

Mr. Lucas Msimanga

(53)

Group Executive - Operations

Bushveld Minerals Supply Chain

Frequently asked questions about Bushveld Minerals

Bushveld Minerals Ltd is a diversified, African-focused mining company. Its business model revolves around the exploration and development of mineral projects in South Africa. The company primarily focuses on the production of vanadium, tin, and coal. Bushveld Minerals Ltd aims to become a vertically integrated vanadium company, controlling all aspects of the vanadium value chain. By leveraging its extensive mineral resources and expertise, the company strives to contribute to the global supply of vanadium and meet the growing demand for this critical metal in various industries.

All fundamentals and in-depth analysis of Bushveld Minerals

Our stock analysis for Bushveld Minerals Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Bushveld Minerals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.