ST BARBARA (SBM) Shares

ABOUT ST BARBARA

St Barbara Limited is a gold exploration and production company with projects including Southern Cross and Leonora Operations in Western Australia.

It was incorporated and listed as Endeavour Oil in 1969 and initially focused on mineral exploration and production from assets only in Western Australia. In 2005 it acquired the Southern Cross, Leonora and South Laverton gold assets from Sons of Gwalia Limited.

The high-grade Gwalia gold mine at Leonora was commissioned in 2008. In 2012, St Barbara acquired Allied Gold Mining Plc and its gold operations at Simberi in Papua New Guinea and Gold Ridge in the Solomon Islands.

The latter were suspended in 2014 due to torrential rainfall and ensuing flooding and sold to a Solomon Islands company in 2015.

OVERVIEW OF ST BARBARA

• St Barbara Limited is involved in mining and the sale of gold, mineral exploration and development and runs three mining operations: Leonora Operations include the Gwalia processing plant and underground mine in Western Australia. Simberi mine is on Simberi Island in Papua New Guinea and produces gold and porphyry copper-gold targets. Simberi focuses on epithermal gold in oxide and sulfide deposits.
• The third is Atlantic Gold Operations in Nova Scotia, Canada.
• The Gwalia underground mine is St Barbara’s cornerstone asset. Its deposit has an average ore reserve grade of 6.4 g/t Au down to 2 140 metres below surface, a mine plan to at least 2031, and remains open at depth. Simberi Operations has an open pit mine and associated processing plant.
• Atlantic Gold Operations comprise the Touquoy open pit mine and associated processing plant, with planned expansion of three additional pits nearby.

VISION & VALUES OF ST BARBARA

• In St Barbara Limited’s values statement they declare that they act with honesty and integrity; treat people with respect; value working together; deliver to promise and strive to do better.
• The company’s vision is to be a successful, leading and growing gold company and this vision is built on the foundations of safe production, a capable and committed workforce, environmental sustainability, beneficial relationships with communities, respect for the rights and aspirations of people and ethical business dealings.
• They strive to be successful and deliver superior shareholder returns, reliable delivering on promises, continuous improvement and innovation, long-life, high margin assets and a tangible growth profile. St. Barbara Limited follows this sustainable value chain to ensure that current and future needs of customers are met and aims to maximise returns, income levels, growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF ST BARBARA

• St Barbara Limited’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol SBM, listed in the Materials sector.

• During the 2019 financial year the group recorded strong financial performance. Key results included statutory net profit after tax of US Dollar 144,163,000, cash flows from operations of US Dollar 213,209,000, after growth capital of US Dollar 75,439,000 and total 2019 dividends of US Dollar 62,612,000. Underlying net profit after tax was US Dollar 141,728,000.

• Net cash excluding the net proceeds from the equity issue and movements in deposits held to maturity, was US Dollar 63,647,000. Due to St. Barbara Limited’s continued good performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy ST BARBARA stocks / shares – A Step by Step Guide how to Buy / Purchase ST BARBARA Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy ST BARBARA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN ST BARBARA STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE ST BARBARA STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of ST BARBARA stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy ST BARBARA stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?