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Barton Gold Holdings Limited
(Sydney:BGD)
Barton Gold Holdings Limited (BGD) vs. iShares MSCI Australia ETF (EWA)
Barton Gold Holdings Limited Business Overview & Revenue Model
Barton Gold Holdings Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 32.00K | 491.00K | 1.00M | 0.00 | 0.00 |
| Gross Profit | -785.00K | -193.00K | 715.00K | -230.00K | -213.00K |
| EBITDA | -8.60M | -4.98M | -3.82M | -6.86M | -2.52M |
| Net Income | -9.40M | -5.68M | -4.11M | -7.73M | -2.71M |
Balance Sheet | |||||
| Total Assets | 25.31M | 25.09M | 25.93M | 29.18M | 16.35M |
| Cash, Cash Equivalents and Short-Term Investments | 10.22M | 10.45M | 11.20M | 14.89M | 1.77M |
| Total Debt | 60.00K | 113.00K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 18.99M | 16.39M | 15.66M | 14.91M | 14.32M |
| Stockholders Equity | 6.33M | 8.70M | 10.27M | 14.27M | 2.03M |
Cash Flow | |||||
| Free Cash Flow | -6.75M | -5.04M | -4.38M | -5.26M | -2.89M |
| Operating Cash Flow | -6.52M | -4.86M | -4.37M | -5.26M | -1.92M |
| Investing Cash Flow | -23.00K | 550.00K | 676.00K | 243.00K | -1.04M |
| Financing Cash Flow | 6.31M | 3.56M | 0.00 | 18.13M | 4.74M |
Barton Gold Holdings Limited Technical Analysis
Barton Gold Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$7.43M | 3.13 | 16.50% | ― | ― | ― | |
45 Neutral | AU$2.51M | ― | -84.45% | ― | -100.00% | 74.74% | |
44 Neutral | AU$1.50B | -6.14 | -41.37% | 3.91% | -3.45% | -43.04% | |
42 Neutral | AU$13.56M | ― | -6.39% | ― | ― | -6.25% | |
40 Underperform | ― | -5.42% | ― | ― | 94.03% | ||
37 Underperform | AU$9.87M | ― | -246.06% | ― | ― | -706.25% | |
35 Underperform | AU$24.03M | ― | -36.15% | ― | ― | 29.10% |
Barton Gold Holdings Limited Corporate Events
Barton Gold Holdings Limited has announced a cost-effective plan to refurbish its Central Gawler Mill, estimating a capital cost of A$26 million for reinstating the mill to its original capacity. This strategic move is expected to significantly lower production costs compared to building a new facility or using third-party services, positioning Barton Gold favorably for future operations and financing opportunities. The company is targeting feasibility by the end of 2025, with initial operations planned for late 2026, and has recently updated its gold resource estimates, further solidifying its development strategy.
Barton Gold Holdings Limited has completed additional soil sampling programs at key regional targets, including the Black Oak Tank and 308 prospects, as part of its ‘Stage 1’ development. These initiatives are expected to bolster the company’s exploration efforts and infrastructure leverage, with assay results anticipated in the coming months. The company’s strategic focus on expanding its regional platform aims to unlock value in isolated assets and support future project expansions.
Barton Gold Holdings Limited has completed an expedited soil sampling program over a 1.9 square kilometer area surrounding the newly discovered high-grade silver zone at its Tarcoola Gold Project in South Australia. This follows an expanded reverse circulation drilling program aimed at identifying a larger mineralized footprint, with assay results expected in September 2025. The discovery of the ‘silver zone’ west of the initial gold discovery highlights the potential for significant mineralization, which could enhance the company’s resource base and industry positioning.
Barton Gold Holdings Limited has completed an expedited soil sampling program over a 1.9 square kilometer area surrounding the new Tolmer high-grade silver discovery at its Tarcoola Gold Project. This initiative follows an expanded reverse circulation drilling program aimed at identifying a larger mineralized footprint, potentially enhancing the company’s resource base and industry positioning.
Barton Gold Holdings Limited has announced a change in the director’s interest, specifically concerning Alexander Scanlon. The update involves the acquisition of 800,000 fully paid ordinary shares and 565,070 fully paid ordinary shares, while disposing of an equivalent number of unquoted options. This change reflects a shift in Mr. Scanlon’s investment strategy, potentially impacting the company’s stock dynamics and indicating confidence in the company’s future performance.
Barton Gold Holdings Limited has announced an update on its agreement to acquire the Wudinna Gold Project from Cobra Resources PLC. The acquisition, which requires approval from Cobra’s shareholders, has already received 39% voting support. This acquisition is part of Barton’s strategy to leverage its existing infrastructure for a cost-effective transition to gold production, enhancing its regional strategies and future production growth plans.
Barton Gold Holdings Limited has announced a new issuance of 64,568 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategic efforts to leverage convertible securities, potentially strengthening its financial position and enhancing shareholder value.
Barton Gold Holdings Limited has announced the acquisition of the Wudinna Gold Project from Cobra Resources PLC, adding 279,000 ounces of gold to its South Australian development portfolio. This strategic acquisition is expected to enhance Barton’s long-term regional development objectives, offering significant low-cost optionality. The completion of the transaction is subject to vendor shareholder approval, with the total consideration potentially reaching up to $15 million, primarily settled in Barton equity and performance milestone payments. The acquisition is facilitated by South Australia’s new regulatory framework, which allows the sub-division of mineral tenements, thus advancing the Wudinna project and strengthening Barton’s industry positioning.
Barton Gold Holdings Limited has announced a proposed issue of 2,564,048 fully paid ordinary securities, scheduled for December 31, 2026. This strategic move is aimed at enhancing the company’s capital structure, potentially strengthening its market position and providing additional resources for its ongoing and future gold exploration projects.
Barton Gold Holdings Limited has announced a proposed issuance of 5,384,501 ordinary fully paid securities, scheduled for December 31, 2025. This strategic move is part of the company’s efforts to strengthen its financial position and support its ongoing projects in the gold mining sector, potentially impacting its market positioning and providing growth opportunities for stakeholders.
Barton Gold Holdings Limited has announced a proposed issue of 1,025,619 fully paid ordinary securities, scheduled for issuance on July 31, 2025. This strategic move is aimed at enhancing the company’s capital structure and potentially strengthening its market position, providing opportunities for growth and development in its gold mining operations.
Barton Gold Holdings Limited has announced the acquisition of the Wudinna Gold Project from Cobra Resources PLC, adding 279,000 ounces of gold to its South Australian development portfolio. This strategic acquisition is expected to bolster Barton’s long-term regional development objectives and reflects the company’s commitment to unlocking value across its platform, while also benefiting from South Australia’s regulatory framework that facilitates mineral tenement subdivision.
Barton Gold Holdings Limited has announced an updated Mineral Resources Estimate (MRE) for its Challenger Gold Project, increasing the resources to 223,000 ounces of gold. This update is part of Barton’s strategy to utilize the Central Gawler Mill for lower-cost and lower-risk operations, aiming to commence initial operations by the end of 2026. The company plans to conduct feasibility studies throughout 2025 to determine the best development pathway, capitalizing on the rising gold prices to transition to a producer status.
Barton Gold Holdings Limited has initiated baseline water monitoring programs at its Tunkillia Gold Project in South Australia, following an Optimised Scoping Study that confirmed the project’s potential for large-scale gold and silver operations. The study highlighted significant financial metrics, including a net present value of A$1.4 billion and a payback period of 0.8 years. The company is accelerating its feasibility and approvals programs, aiming to submit a Mining Lease Application by the end of 2026, and plans to transition to producer status in 2026, which will support its expansion strategy.
Barton Gold Holdings Limited has completed an expanded reverse circulation drilling program at its Tolmer high-grade silver discovery within the Tarcoola Gold Project in South Australia. The program, which increased from 13 to 21 holes, aims to gather extensive data on the silver zone, with assay results expected by the end of July. This expansion underscores Barton’s commitment to advancing its exploration efforts and potentially enhancing its market position within the precious metals sector.
Barton Gold Holdings Limited has announced an expansion of its drilling program at the Tolmer site within the Tarcoola Gold Project, shifting focus from gold to a newly discovered high-grade silver zone. The decision to prioritize the silver zone follows promising early observations, leading to an increase in planned drilling from 2,500 meters to 2,850 meters. This strategic move aims to expedite data collection and potentially enhance the company’s resource base, impacting its operational focus and offering potential benefits to stakeholders through increased silver production.
Barton Gold Holdings Limited has issued 4,285,722 fully paid ordinary shares to raise capital for accelerated drilling at Tunkillia’s high-value ‘Starter Pits,’ with drilling set to begin in September 2025. This capital raising is aimed at enhancing the company’s resource estimates and strengthening its position in the gold mining industry, potentially benefiting stakeholders by advancing the development of its projects and increasing future production capabilities.
Barton Gold Holdings Limited has announced the quotation of 4,285,722 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of June 2, 2025. This move is part of previously announced transactions and is expected to bolster the company’s capital base, potentially enhancing its operational capabilities and market presence.
Barton Gold Holdings Limited has successfully completed a $3 million premium placement to fund drilling programs at its Tunkillia and Tolmer sites. The placement, led by Australian investors, supports the company’s strategy of low-dilution development and will accelerate exploration and project development initiatives, including reserve conversion drilling and high-grade silver target exploration at Tolmer.
Barton Gold Holdings Limited has announced a proposed issue of 4,285,730 fully paid ordinary securities, with the issue date set for June 2, 2025. This move is part of the company’s strategy to enhance its financial position and support its ongoing projects, potentially impacting its market positioning and stakeholder interests positively.
Barton Gold Holdings Limited has announced a $3 million premium placement to expedite drilling for the Tunkillia Gold Project’s ‘Starter Pits,’ aimed at upgrading JORC Resources. This placement, led by prominent investors, will increase the company’s cash reserves to $9 million with minimal shareholder dilution. The funds will accelerate value-add exploration and project development initiatives, positioning Barton to achieve significant project milestones and enhance its industry standing.
Barton Gold Holdings Limited has requested a trading halt on its securities pending an announcement regarding a placement under its ASX Listing Rule 7.1 capacity. This move is expected to remain in effect until the announcement is made or until the commencement of normal trading on 27 May 2025. The trading halt aims to ensure fair trading conditions and transparency for stakeholders as the company prepares to disclose significant developments.
Barton Gold Holdings Limited has commenced a significant drilling program at its Tarcoola Gold Project in South Australia, targeting high-grade gold and silver zones. The program aims to map out these zones quickly, with initial assays showing promising results, including silver grades up to 17,600 g/t and gold grades up to 83.6 g/t. This development could enhance Barton’s operational capabilities and strengthen its position in the mining industry, potentially leading to high-value resource extensions and increased interest from stakeholders.
Barton Gold Holdings Limited has announced the expedited follow-up drilling at its Tarcoola Gold Project in South Australia, following the discovery of a high-grade silver zone at Tolmer. The initial drilling returned three globally significant silver assays, prompting the company to quickly map out this promising area, which is notable for its unusually high-grade silver content in Australia.
Barton Gold Holdings Limited has announced a change in the director’s interest in securities, specifically involving Alexander Scanlon. The change includes the acquisition of 15,000 fully paid ordinary shares at a value of $0.581 per share. This update reflects ongoing adjustments in the company’s internal management and could have implications for its stock market performance and stakeholder interests.
Barton Gold Holdings Limited has announced the acceleration of feasibility work for its Tunkillia Gold Project in South Australia, following the release of an Optimised Scoping Study. The study highlights a significant gold and silver operation with a projected operating free cashflow of A$2.7 billion and a Net Present Value of A$1.4 billion. Barton Gold has engaged ERIAS Group to lead the environmental assessments necessary for future Mining Lease applications, marking a crucial step in advancing the Tunkillia project. The company aims to transition to production by 2026, using cash flows to further develop Tunkillia as a major expansion project.
Barton Gold Holdings Limited has released a document related to its operations and financial standing, emphasizing that the information is for informational purposes only and should not be taken as investment advice. The document highlights the company’s ongoing projects and financial updates but cautions stakeholders about the inherent risks and uncertainties in the mining industry, including economic and environmental factors.
Barton Gold Holdings Limited has announced the results of its Optimised Scoping Study (OSS) for the Tunkillia Gold Project, revealing significant improvements in project efficiency and financial metrics. The study extends the project’s life to approximately 10 years and highlights substantial cost savings and increased gold production, with a payback period of less than one year. These developments position Barton Gold to accelerate key programs, with potential implications for stakeholders, including enhanced project viability and financial returns.
Barton Gold Holdings Limited reported a decrease in net cash flow from operating activities for the quarter ending March 31, 2025, with significant expenditures in exploration and evaluation. The company received government grants and tax incentives, which partially offset the operating cash outflows. The financial report indicates a cautious approach to investments and financing activities, with minimal changes in cash flow from these areas, suggesting a focus on maintaining operational stability amid ongoing exploration efforts.
Barton Gold Holdings Limited reported a strong quarter with significant developments in its Tunkillia and Tarcoola Gold Projects. The company announced an increase in the JORC Mineral Resources at Tunkillia, with gold resources growing by approximately 120,000 ounces and a new silver resource established. Additionally, a high-grade silver discovery at the Tarcoola project’s Tolmer prospect has been confirmed, with plans for expedited follow-up drilling. The company achieved a $3.1 million profit for the half-year ending December 2024, supported by gold sales and R&D tax refunds, and maintains a strong cash position of $7 million, positioning it well for future growth.
Barton Gold Holdings Limited has announced the adoption of a revised Securities Trading Policy, aligning with ASX Listing Rule 12.10. This policy update reflects the company’s commitment to regulatory compliance and governance standards, potentially impacting its operational transparency and stakeholder trust.