Stanmore Resources stock gets earnings support from stronger H1
Published on 10/07/2026 at 04:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Stanmore Resources (ISIN AU000000SMR4) was trading at AUD 2.56 on the ASX on October 7, 2026, at 1:25 p.m. AEDT, down 0.78 percent from AUD 2.58. The investment case now combines a stronger first-half earnings base with a larger Queensland metallurgical coal pipeline.
Revenue and EBITDA rise in H1
According to Kapitales Research on September 22, 2026, Stanmore reported H1 2026 revenue of US$978.0 million for the six months ended June 30, 2026, up 13 percent from US$867.2 million in H1 2025.
The same report put underlying EBITDA at US$174.1 million, a 19 percent increase from US$146.8 million. Net loss after tax narrowed to US$44.2 million from US$50.5 million, so the earnings recovery has not yet produced a positive bottom line.
Expansion adds 724 million tonnes
As Australian Mining reported on September 7, 2026, Stanmore agreed to acquire 100 percent of the Moranbah South tenements from Exxaro Resources for US$105 million.
The assets contain 724 million tonnes of measured and indicated coal resources and sit beside Stanmore's Eagle Downs and Isaac Downs Extension projects. Completion is planned before the end of Q4 2026, subject to Exxaro completing its own acquisition and receiving Australian regulatory approvals.
Guidance keeps production second half weighted
In the H1 2026 earnings call published by Yahoo Finance, management reaffirmed full-year sellable production guidance of 12.8 million to 13.4 million tonnes. H1 sellable production was 6.5 million tonnes, matching H1 2025, while FOB cash costs reached US$101.2 per tonne.
That combination gives investors two opposing signals: higher coal pricing and EBITDA support the near-term recovery, while weather exposure, fuel costs and the still-negative net result keep execution central to the valuation.
Stock remains below yearly high
Stanmore Resources stock was trading at AUD 2.56 on the ASX on October 7, 2026, with volume of 263,151 shares. The AUD 2.56 price stood 21.0 percent below the 52-week high of AUD 3.24 and above the 52-week low of AUD 2.01.
Stanmore Resources stock facts
- Company: Stanmore Resources Limited
- ISIN: AU000000SMR4
- Ticker: SMR
- Trading venue: ASX
- Price (as of October 7, 2026, 1:25 p.m. AEDT): AUD 2.56 (Price)
- Market capitalization: AUD 2.3 billion (as of October 7, 2026)
- 52-week range: AUD 2.01-3.24 (as of October 7, 2026)
- Sector / Industry: Basic Materials / Coking Coal
- Index membership: S&P/ASX 200
