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The latest announcement is out from Bathurst Resources Ltd ( (AU:BRL) ).
Bathurst Resources Limited has disclosed a change in the interests of director Russell Lee Scott Middleton, following shareholder approval at the company’s 2025 annual meeting. Middleton, who holds his interests indirectly through a superannuation plan and a family trust entity, has been granted 303,437 new performance rights maturing in 2028, taking his total performance rights across various vesting years to nearly 800,000 in addition to his existing ordinary shareholding. The new rights, which convert into ordinary shares on a one-for-one basis at nil exercise price subject to performance conditions, underscore Bathurst’s continued use of long-term incentive structures to incentivise key executives and further align board interests with the company’s strategic and operational performance over the coming years.
The most recent analyst rating on (AU:BRL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.
More about Bathurst Resources Ltd
Bathurst Resources Limited is an Australasian coal mining company listed on the ASX, focused on producing thermal and metallurgical coal for domestic and export markets. The company operates through a portfolio of mining assets and uses equity-based incentives to align management and director interests with shareholder value and long-term performance targets.
YTD Price Performance: -12.99%
Average Trading Volume: 25,187
Technical Sentiment Signal: Sell
Current Market Cap: A$156M
For a thorough assessment of BRL stock, go to TipRanks’ Stock Analysis page.