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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 | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.26M | 9.26M | 32.00K | 491.00K | 1.00M | 0.00 |
| Gross Profit | 4.28M | 8.81M | -785.00K | -193.00K | 715.00K | -230.00K |
| EBITDA | -1.24M | -946.00K | -8.60M | -4.98M | -3.82M | -6.86M |
| Net Income | -1.84M | -1.84M | -9.40M | -5.68M | -4.11M | -7.73M |
Balance Sheet | ||||||
| Total Assets | 23.66M | 23.66M | 25.31M | 25.09M | 25.93M | 29.18M |
| Cash, Cash Equivalents and Short-Term Investments | 8.99M | 2.49M | 10.22M | 10.45M | 11.20M | 14.89M |
| Total Debt | 151.00K | 151.00K | 60.00K | 113.00K | 0.00 | 0.00 |
| Total Liabilities | 14.80M | 14.80M | 18.99M | 16.39M | 15.66M | 14.91M |
| Stockholders Equity | 8.86M | 8.86M | 6.33M | 8.70M | 10.27M | 14.27M |
Cash Flow | ||||||
| Free Cash Flow | -4.87M | -4.87M | -6.75M | -5.04M | -4.38M | -5.26M |
| Operating Cash Flow | -4.75M | -4.75M | -6.52M | -4.86M | -4.37M | -5.26M |
| Investing Cash Flow | 582.00K | 582.00K | -23.00K | 550.00K | 676.00K | 243.00K |
| Financing Cash Flow | 2.94M | 2.94M | 6.31M | 3.56M | 0.00 | 18.13M |
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$8.74M | -9.09 | -6.63% | ― | ― | -136.67% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$314.90M | -157.14 | -24.21% | ― | ― | 82.09% | |
45 Neutral | AU$10.84M | -5.35 | -131.62% | ― | ― | 65.32% | |
42 Neutral | AU$12.36M | -3.33 | -7.82% | ― | ― | -28.57% | |
37 Underperform | AU$13.46M | ― | ― | ― | ― | 90.70% | |
35 Underperform | AU$34.97M | -27.93 | -51.49% | ― | ― | 5.93% |
Barton Gold Holdings Limited Corporate Events
Barton Gold Holdings Limited has announced promising assay results from its Tunkillia Gold Project in South Australia, highlighting broad intervals of high-grade gold mineralization in the S1 ‘Starter Pit’ area. These results support the project’s potential to produce over 200,000 ounces of gold and generate an operating profit of $825 million in its first year, underscoring the high-value nature of the zone and its importance in securing project financing. The company plans to complete further drilling to upgrade the mineralization to JORC ‘Measured’ and ‘Indicated’ categories by March 2026, enhancing the project’s financial viability and attractiveness to stakeholders.
Barton Gold Holdings Limited announced the results of its Annual General Meeting held on November 26, 2025. All resolutions, including the adoption of the remuneration report, re-election of a director, ratification of prior share issues, and the appointment of a new auditor, were successfully carried. These outcomes reflect shareholder support for the company’s strategic initiatives and governance, potentially strengthening its operational and market position.
Barton Gold Holdings Limited has released a document concerning its operations and projects, specifically highlighting its Perseverance Mine and Tarcoola Project in South Australia. The release emphasizes the company’s focus on gold development, with a significant resource of 2.25 million ounces. The document also includes disclaimers about the accuracy and completeness of the information provided, indicating the potential risks and uncertainties associated with forward-looking statements.
Barton Gold Holdings Limited has successfully completed Phase 1 of its upgrade drilling at the Tunkillia Gold Project ahead of schedule and under budget. The drilling, which covered 18,893 meters across 209 holes, is expected to enhance the project’s value by converting resources to higher confidence JORC categories, supporting future development and financing opportunities. The S1 pit, in particular, is projected to yield significant returns, potentially repaying development costs more than twice over in the first year of operations.
Barton Gold Holdings Limited presented at the Swiss Mining Institute Conference, highlighting its ongoing projects in South Australia. The company is advancing its Perseverance Mine and Tarcoola Project, which collectively hold significant gold resources. This development is poised to enhance Barton’s position in the gold mining sector, potentially impacting its operational growth and market presence.
Barton Gold Holdings Limited has announced a change in the director’s interest in securities. Kenneth Williams, a director of the company, has acquired 24,000 fully paid ordinary shares at a price of $1.25 per share. This change reflects Mr. Williams’ direct interest in the company, with the shares held by HSBC Custody Nominees (Australia) Limited as custodian for Henri Investments Pty Ltd ATF Balmoral Investments Super Fund. This acquisition may indicate confidence in the company’s future prospects and could influence stakeholder perceptions positively.
Barton Gold Holdings Limited has issued 528,000 fully paid ordinary shares as part of a capital raise, utilizing its existing capacity under ASX Listing Rule 7.1. This move aligns with the company’s strategy to bolster its financial position and support its ongoing gold production initiatives. The issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has confirmed compliance with relevant legislative provisions. This capital raise is expected to enhance Barton’s operational capabilities and strengthen its position in the gold mining industry.
Barton Gold Holdings Limited has announced the application for quotation of 528,000 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, reflecting the company’s strategic efforts to enhance its capital structure and market liquidity, potentially benefiting its stakeholders by increasing the accessibility and attractiveness of its securities.
Barton Gold Holdings Limited announced an update regarding the issuance of shares under its Share Purchase Plan, scheduled for November 12, 2025. This update reflects the company’s ongoing efforts to raise capital and enhance its financial position, potentially impacting its market presence and shareholder value.
Barton Gold Holdings Limited has successfully concluded its Share Purchase Plan (SPP), raising $660,000 and issuing 528,000 new shares, following a $15 million institutional placement. This financial boost positions Barton to advance its Central Gawler Mill towards ‘Stage 1’ production and progress the Tunkillia project towards a Mining Lease application, marking a pivotal step in its commercialisation strategy.
Barton Gold Holdings Limited has completed geotechnical drilling at its Central Gawler Mill as part of a Definitive Feasibility Study for Stage 1 production at the Challenger Gold Project. The drilling program, which included various testing methods, aims to inform mine design, equipment selection, and operating cost estimates, marking a significant step towards advancing the project’s development.
Barton Gold Holdings Limited has announced the closing of its Share Purchase Plan (SPP) for eligible shareholders on 6 November 2025. The SPP offers shareholders in Australia and New Zealand the opportunity to purchase new shares at a price of $1.25 per share, which is a slight discount to the last traded price and a premium to the one-month volume-weighted average price. This move follows a successful placement to North American institutional investors and is part of Barton’s strategy to enhance shareholder value and strengthen its financial position.
Barton Gold Holdings Limited reported a net cash outflow from operating activities of $2.364 million for the quarter ending September 30, 2025, primarily due to exploration and evaluation expenses. The company’s cash position decreased by $2.661 million over the quarter, reflecting ongoing investments in exploration and a repayment of lease liabilities, which may impact its short-term liquidity but underscores its commitment to advancing its exploration projects.
Barton Gold Holdings Limited has announced that its upgrade drilling program for the ‘Starter Pits’ at the Tunkillia Gold Project is progressing ahead of schedule and under budget. The program aims to convert mineralization to JORC ‘Measured’ and ‘Indicated’ categories, enhancing project financing discussions. The drilling is expected to yield significant gold production and operating profit, offering an attractive credit financing profile with a quick payback period.
Barton Gold Holdings Limited has announced its upcoming annual general meeting of shareholders scheduled for November 26, 2025, in Adelaide. The company will not distribute hard copies of the meeting notice, encouraging shareholders to access it online. This announcement is part of Barton’s ongoing efforts to streamline operations and engage stakeholders digitally, aligning with modern corporate practices.
Barton Gold Holdings Limited has commenced geotechnical drilling at its South Australian Challenger Gold Project as part of a Definitive Feasibility Study for Stage 1 production. This drilling program, which includes sonic drilling, Cone Penetration Testing, and push tube density testing, will inform the design, scheduling, and cost estimation of the mine. The company is financially backed by a $15 million placement led by Franklin Templeton and is advancing towards restarting operations at its Central Gawler Mill, aiming to leverage its fully permitted facilities for growth and production.
Barton Gold Holdings Limited announced a share purchase plan (SPP) to raise up to $2.5 million, offering eligible shareholders in Australia and New Zealand the chance to purchase new shares at a price of $1.25 per share. This initiative follows a recent placement to raise $15 million, aiming to strengthen the company’s financial position and support its ongoing operations. The SPP is open until November 6, 2025, and the company encourages prompt participation due to the potential for oversubscription, as seen in previous offerings.
Barton Gold Holdings Limited announced the issuance of 12,000,000 fully paid ordinary shares as part of a capital raise. This move, executed under the company’s existing capacity, aims to strengthen its financial position and support its ongoing projects. The issuance aligns with the company’s strategic objectives to enhance its operational capabilities and market positioning in the gold industry.
Barton Gold Holdings Limited has announced the quotation of 12,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code BGD, effective from October 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and market presence, potentially benefiting stakeholders by providing more opportunities for investment and growth.
Barton Gold Holdings Limited has successfully completed a $15 million institutional placement led by Franklin Templeton, which now holds a 3.8% interest in the company. This placement, along with a $2.5 million Share Purchase Plan, aims to fund the commissioning of ‘Stage 1’ production by the end of 2026, strengthening Barton’s capital structure and supporting its strategic goals in the gold mining sector.
Barton Gold Holdings Limited has announced a change in the director’s interest, specifically involving Alexander Scanlon. The change includes the disposal of 307,692 unquoted options, which may impact the company’s stock holdings and potentially influence investor perceptions. This adjustment reflects internal financial management and could have implications for the company’s strategic direction.
Barton Gold Holdings Limited announced the cessation of 791,659 securities due to the lapse of conditional rights, as the conditions for these securities were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s operational and strategic execution.
Barton Gold Holdings Limited announced a change in the remuneration terms for its Managing Director & CEO, Alexander Scanlon. The revision follows a benchmarking analysis against similar companies, indicating a strategic move to align executive compensation with industry standards. This adjustment may impact the company’s operational dynamics and stakeholder confidence, as it reflects Barton’s commitment to maintaining competitive leadership in the gold development sector.
Barton Gold Holdings Limited has released a document highlighting its operations and strategic focus on gold development in South Australia. The announcement underscores the company’s ongoing efforts to advance its Perseverance Mine and Tarcoola Project, which collectively hold significant gold resources. This positioning is crucial for Barton as it seeks to strengthen its market presence and deliver value to its stakeholders.
Barton Gold Holdings Limited announced a proposed issue of securities, comprising a total of 23.8 million ordinary fully paid shares. This includes 4 million shares under a securities purchase plan and 19.8 million shares through a placement. The offer aims to enhance the company’s capital structure, potentially impacting its market positioning and providing additional resources for operational expansion.
Barton Gold Holdings Limited has announced a $17.5 million capital raise, led by Franklin Templeton, to fund the commissioning of its ‘Stage 1’ production by the end of 2026. This capital raise, which includes a $15 million placement and a $2.5 million Share Purchase Plan, is aimed at advancing key projects such as the Central Gawler Mill and Tunkillia Gold Project, enhancing Barton’s position in the gold production industry. The funds will support the company’s strategic initiatives, including feasibility studies, drilling programs, and potential acquisitions, positioning Barton for growth and increased shareholder value.
Barton Gold Holdings Limited has requested a trading halt on its securities pending a significant capital raising announcement. The halt will last until the announcement is made or until normal trading resumes on 14 October 2025. This move indicates Barton Gold’s strategic financial maneuvering, potentially impacting its market position and stakeholders by bolstering its capital resources.
Barton Gold Holdings Limited has announced the appointment of Grant Thornton Australia Ltd as its new auditor, effective from the 2025 Annual General Meeting. This decision follows a competitive tender process and marks the end of a five-year term with BDO Audit Pty Ltd. The change in auditors is part of Barton’s good governance practices and is subject to approval by the Australian Securities and Investments Commission and the company’s shareholders. This move is expected to enhance the company’s financial oversight and transparency, potentially impacting its operations and stakeholder confidence positively.
Barton Gold Holdings Limited has commenced a Definitive Feasibility Study (DFS) for Stage 1 production at its South Australian Challenger Gold Project, utilizing the fully permitted Central Gawler Mill. The study aims to evaluate a two-phase transition to operations, beginning with tailings reprocessing and followed by the introduction of high-grade fresh ore, targeting commissioning by the end of 2026. This strategic move is expected to capitalize on high gold prices, transition Barton to a ‘producer’ profile, and generate cash flows to support regional growth.
Barton Gold Holdings Limited has released its corporate governance statement for the financial year ending June 30, 2025. The statement, approved by the board and current as of September 26, 2025, outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations. This disclosure is intended to provide transparency in the company’s governance practices, potentially impacting its operations and stakeholder trust.
Barton Gold Holdings Limited has released its FY25 Corporate Governance Statement, emphasizing its commitment to high corporate governance standards in line with the ASX Corporate Governance Principles and Recommendations. The statement outlines the company’s compliance with these guidelines, detailing its governance framework, internal controls, and risk management processes. This approach aims to ensure responsible management and conduct, ultimately benefiting the company’s operations and stakeholders.
Barton Gold Holdings Limited has released its annual report for the year ended 30 June 2025, detailing its financial performance and operational highlights. The report includes a comprehensive overview of the company’s financial statements, resource statements, and risk assessments, which are crucial for stakeholders to understand the company’s current position and future prospects in the gold mining sector.
Barton Gold Holdings Limited announced promising assay results from its soil sampling programs at the Tolmer and Black Oak Tank prospects within the Tarcoola Gold Project. The results suggest potential extensions of high-grade silver and gold zones, with new targets identified between the western and eastern zones. This development could significantly enhance Barton’s resource base and strengthen its position in the gold and silver exploration industry.
Barton Gold Holdings Limited has been added to the S&P Dow Jones ASX All Ordinaries Index, which includes the 500 largest companies in the Australian equities market. This inclusion marks a significant milestone for Barton Gold, reflecting its strategic growth and development plans, including the acceleration of its gold production projects in South Australia. The company is targeting the start of operations at its Central Gawler Mill by the end of 2026 and aims to complete a Pre-Feasibility study for its Tunkillia Gold Project, which is expected to significantly boost its production capacity.
Barton Gold Holdings Limited has announced that its Annual General Meeting will be held on November 26, 2025, at the Hilton Adelaide. The company has outlined the nomination process for director positions, which must be submitted by September 23, 2025. This announcement is part of Barton’s compliance with ASX Listing Rules and reflects the company’s ongoing governance and operational transparency. The meeting is a crucial event for stakeholders, providing insights into Barton’s strategic direction and operational updates.
Barton Gold Holdings Limited presented information at the Beaver Creek Precious Metals Summit regarding its operations and projects. The company emphasized its position as a significant gold developer in South Australia, with a focus on the Perseverance Mine and Tarcoola Project. The release highlights the company’s strategic initiatives and market positioning, which are crucial for stakeholders interested in the gold sector.
Barton Gold Holdings Limited has announced promising metallurgical test results from its Wudinna Gold Project, indicating gold recoveries of up to 99.3%. The results suggest the potential for efficient processing and cost-effective transportation of high-grade gold concentrates to existing and future processing facilities at the Central Gawler Mill and Tunkillia. This strategic move could significantly enhance the company’s operational efficiency and economic returns, positioning Barton Gold favorably in the gold mining sector.
Barton Gold Holdings Limited has announced the quotation of 296,154 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 9, 2025. This move is part of the company’s strategy to strengthen its financial position and expand its operational capabilities, potentially impacting its market positioning and offering new opportunities for stakeholders.
Barton Gold Holdings Limited has announced an updated Mineral Resources Estimate (MRE) for its Challenger Gold Project, now exceeding 300,000 ounces of gold. This development positions Barton to commence a ‘Stage 1’ operation, taking advantage of high gold prices and existing infrastructure at the Central Gawler Mill. The company plans a two-phase transition to operations, initially focusing on high-grade tailings reprocessing followed by fresh rock operations. This strategic move aims to reduce costs and risks, potentially enhancing Barton’s market position and financial performance.