Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Black Canyon Limited ( (AU:BCA) ).
Black Canyon Limited reported its quarterly cash flow for the period ended December 2025, showing net operating cash outflows of A$511,000 and investing outflows of A$724,000, largely driven by A$724,000 in exploration and evaluation expenditure. For the six months to date, exploration and evaluation spending reached A$1.406 million, contributing to total operating and investing cash outflows of A$2.336 million, partially offset by A$10.569 million in net financing inflows from equity issues. The company closed the quarter with cash and cash equivalents of A$11.572 million, up from A$2.222 million at the start of the six‑month period, underlining that its exploration program continues to be funded predominantly through fresh equity capital rather than operating cash generation.
The most recent analyst rating on (AU:BCA) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Black Canyon Limited stock, see the AU:BCA Stock Forecast page.
More about Black Canyon Limited
Black Canyon Limited is a mining exploration company listed on the ASX, focused on early-stage resource projects rather than production. The business derives no receipts from customers and directs its spending primarily toward exploration and evaluation activities, positioning it as a pre-revenue explorer reliant on capital markets to fund operations.
Average Trading Volume: 159,437
Technical Sentiment Signal: Buy
Current Market Cap: A$63.66M
Find detailed analytics on BCA stock on TipRanks’ Stock Analysis page.