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Bathurst Resources Ltd ( (AU:BRL) ) just unveiled an update.
Bathurst Resources Ltd reported a consolidated EBITDA of $5.2 million for the first quarter of FY26, aligning with forecasts and maintaining its full-year guidance of $35-$45 million. The company has strengthened its cash position to $155 million and made progress on development projects in New Zealand and Canada, which are expected to provide long-term economic benefits. Despite a decrease in export segment earnings and South Island domestic sales, the North Island domestic segment saw increased coal production and secured a new agreement with Genesis Energy. The HCC benchmark price rebounded, though coal producers continue to face financial pressures. Bathurst is also focusing on health, safety, and training improvements to reduce workplace injuries and enhance worker well-being.
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 Ltd operates in the mining industry, focusing primarily on coal production. The company has a significant presence in New Zealand and Canada, with projects such as the Buller Plateaux Continuation Project and the Tenas Project, which are key to its future production profile.
Average Trading Volume: 46,778
Technical Sentiment Signal: Sell
Current Market Cap: A$153.6M
See more insights into BRL stock on TipRanks’ Stock Analysis page.