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Brightstar Resources Limited ( (AU:BTR) ) has shared an announcement.
Brightstar Resources Limited has released its June 2025 quarterly activity report, highlighting significant progress in its Laverton and Menzies Gold Projects. The company has completed a definitive feasibility study projecting substantial cash flows and a high internal rate of return. With plans to commence large-scale mining in early 2026 and a memorandum of understanding with Paddington Gold Pty Ltd for ore sales, Brightstar is on track to enhance its production capabilities. The company also reported strong operational safety records and ongoing ore sales, with new discoveries and developments at its Second Fortune and Fish underground mines, positioning it for future growth and increased production.
The most recent analyst rating on (AU:BTR) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Brightstar Resources Limited stock, see the AU:BTR Stock Forecast page.
More about Brightstar Resources Limited
Brightstar Resources Limited operates in the gold mining industry, focusing on the exploration and development of gold projects. The company is primarily involved in the Laverton and Menzies Gold Projects, with a strategic aim to become a significant gold producer in the region.
Average Trading Volume: 2,000,928
Technical Sentiment Signal: Sell
Current Market Cap: A$268.9M
For an in-depth examination of BTR stock, go to TipRanks’ Overview page.