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Basin Energy Limited ( (AU:BSN) ) has issued an update.
Basin Energy Limited reported a net operating cash outflow of A$403,000 for the December 2025 quarter and A$823,000 for the first half, driven mainly by exploration and evaluation expenses along with staff, administration and corporate costs, while still generating only minimal interest income. The company also recorded A$304,000 of net cash used in investing activities for the quarter, largely from capitalised exploration and cash-backed guarantees, partially offset by the A$1.25 million equity raising completed earlier in the half; after all operating, investing and financing flows, Basin closed the quarter with cash and cash equivalents of A$1.64 million, underscoring both its continued spending on exploration and the importance of prior capital raisings to sustain its program and liquidity profile.
The most recent analyst rating on (AU:BSN) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Basin Energy Limited stock, see the AU:BSN Stock Forecast page.
More about Basin Energy Limited
Basin Energy Limited is a mining exploration entity focused on early-stage resource projects rather than production, with activities concentrated on exploration, evaluation and related corporate and administrative functions. The company does not yet generate operating revenue from customers and funds its programs primarily through equity capital and careful cash management typical of junior explorers.
Average Trading Volume: 239,994
Technical Sentiment Signal: Buy
For detailed information about BSN stock, go to TipRanks’ Stock Analysis page.