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Bathurst Resources Ltd
(OTC:BRL)
Bathurst Resources Ltd (BRL) vs. iShares MSCI Australia ETF (EWA)
Bathurst Resources Ltd Business Overview & Revenue Model
Bathurst Resources Ltd Earnings Call Summary
Bathurst Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 38.02M | 38.52M | 39.69M | 40.20M | 35.81M | 44.90M |
| Gross Profit | 7.11M | 7.19M | 9.21M | 5.50M | 4.76M | 9.35M |
| EBITDA | 2.27M | 2.29M | 37.45M | -340.05K | -4.08M | 9.45M |
| Net Income | 3.93M | 4.12M | 35.28M | 83.14M | 27.51M | 62.09M |
Balance Sheet | ||||||
| Total Assets | 353.20M | 353.20M | 315.34M | 274.74M | 189.58M | 148.78M |
| Cash, Cash Equivalents and Short-Term Investments | 33.08M | 33.08M | 7.10M | 11.77M | 4.30M | 4.09M |
| Total Debt | 1.35M | 1.35M | 1.76M | 1.18M | 692.64K | 12.19M |
| Total Liabilities | 22.78M | 22.78M | 23.69M | 14.82M | 15.22M | 28.95M |
| Stockholders Equity | 330.42M | 330.42M | 291.64M | 259.84M | 174.88M | 119.84M |
Cash Flow | ||||||
| Free Cash Flow | -4.13M | -4.21M | -8.97M | 8.57M | 4.53M | 4.41M |
| Operating Cash Flow | 4.74M | 4.75M | 4.00M | 12.37M | 7.26M | 8.88M |
| Investing Cash Flow | -10.35M | -10.44M | -15.02M | 6.52M | 4.43M | -5.51M |
| Financing Cash Flow | 32.03M | 31.56M | 594.83K | 387.98K | -2.31M | -3.41M |
Bathurst Resources Ltd Technical Analysis
Bathurst Resources Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$620.29M | -1.19 | -36.13% | 4.79% | -23.91% | -352.91% | |
50 Neutral | AU$170.38M | 29.22 | 1.34% | ― | -5.47% | -86.96% | |
48 Neutral | AU$77.68M | -6.99 | ― | ― | -8.59% | 25.90% | |
48 Neutral | AU$115.34M | -1.27 | -29.62% | ― | -12.53% | -264.51% | |
38 Underperform | AU$8.08M | -0.07 | ― | ― | -4.19% | 84.70% | |
16 Underperform | AU$4.55M | -0.10 | ― | ― | ― | -487.06% |
Bathurst Resources Ltd Corporate Events
Bathurst Resources Limited has disclosed a change in the interests of director Russell Lee Scott Middleton, following shareholder approval at the company’s 2025 annual meeting. Middleton, who holds his interests indirectly through a superannuation plan and a family trust entity, has been granted 303,437 new performance rights maturing in 2028, taking his total performance rights across various vesting years to nearly 800,000 in addition to his existing ordinary shareholding. The new rights, which convert into ordinary shares on a one-for-one basis at nil exercise price subject to performance conditions, underscore Bathurst’s continued use of long-term incentive structures to incentivise key executives and further align board interests with the company’s strategic and operational performance over the coming years.
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.
Bathurst Resources has disclosed a change in director Richard John Tacon’s interests following the grant of 360,299 LTIP performance rights, which are convertible into fully paid ordinary shares on a one-for-one basis at nil exercise price, subject to performance conditions and vesting no later than 1 December 2028. The additional performance rights, approved by shareholders at the company’s 2025 annual general meeting, increase Tacon’s total holding of performance rights across multiple vesting years and underscore the company’s continued use of equity-based incentives to retain and reward key executives without immediate cash outlay, maintaining alignment between management and shareholder value creation.
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.
Bathurst Resources Limited has notified the market that it has issued 576,266 unquoted performance rights (ASX code BRLAD) under its employee incentive scheme, effective 22 December 2025. The new securities are subject to transfer restrictions and will not be quoted on the ASX until those restrictions expire, underscoring the company’s continued use of long-term equity incentives to align key staff with shareholder interests and support its ongoing operational and strategic objectives.
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.
Bathurst Resources Limited has issued 663,736 unquoted performance rights under its employee incentive scheme, with the new securities designated under the ASX code BRLAD and recorded as issued on 22 December 2025. These performance rights are subject to transfer restrictions and will not be quoted on the ASX until those restrictions expire, indicating an ongoing use of equity-based incentives to align staff interests with shareholders and potentially affecting future capital structure as rights vest or convert.
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.
Bathurst Resources has announced two key leadership changes as it sharpens its executive structure to support current operations and international expansion. Long‑time finance leader Kieran McColl has been promoted to Chief Financial Officer, leveraging his experience in the health and energy sectors and his knowledge of Bathurst’s business to drive the company’s financial strategy and support strategic development. Former CFO Russell Middleton has moved into the newly defined role of Executive Director – North America, underscoring Bathurst’s intention to expand its presence and execute its growth strategy in the North American market, signalling a more deliberate push into that region for shareholders and other stakeholders.
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.
Bathurst Resources Limited announced that all resolutions at its 2025 Annual General Meeting were passed by shareholders. This includes the re-election of directors, approval of performance rights, and ratification of placement shares, which indicates strong shareholder support and potential for strategic growth initiatives.
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.
Bathurst Resources Limited has released its 2025 Annual General Meeting presentation, which serves as a general information document for stakeholders. The presentation emphasizes that it is not an offer or financial advice and highlights that past performance metrics should not be relied upon as indicators of future performance. The document is intended for publication in Australia and is not to be distributed in the United States, reflecting the company’s focus on compliance with regional regulatory requirements.
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.
Bathurst Resources Limited has announced its 2025 Annual General Meeting (AGM) scheduled for December 3, 2025, in Wellington, New Zealand. The meeting will provide an overview of the company’s performance over the past financial year, with insights from CEO Richard Tacon and Chairman Peter Westerhuis. Shareholders are encouraged to participate either in person or by proxy, as the meeting will cover important resolutions, including the re-election of the Chairman, which is unanimously supported by the Board.
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.
Bathurst Resources Limited has released an updated feasibility study for its Tenas Project, confirming the validity of its coal reserves and economic viability despite inflationary pressures. The study, conducted by independent technical advisers, highlights the project’s competitive operating and capital cost structure, ensuring its potential as a significant steelmaking coal development opportunity.
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.
Bathurst Resources Limited has released its Q1 FY26 results, highlighting its financial performance and operational updates. The company emphasizes that past performance metrics are not indicative of future outcomes, and advises stakeholders to consider their own financial situations and seek professional advice before making investment decisions.
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.
Bathurst Resources Limited has released the results of a Prefeasibility Study for the Buller Plateaux Continuation Project, confirming coal reserves of 11.8 million tonnes. The project aims to extend the life of operations at the Stockton Mine and involves blending coal from new developments with existing resources. The study highlights the project’s economic viability with a post-tax Net Present Value of NZ$323 million and emphasizes its significance to the Buller region, supported by low capital requirements and fast-track development permissions.
The most recent analyst rating on (AU:BRL) stock is a Buy with a A$0.88 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.
Bathurst Resources Limited has announced a significant increase in its marketable reserves, which have risen by 27.2 million tonnes to 33.9 million tonnes as of June 2025. This increase is attributed to the completion of the Buller Plateau Continuation Project and the updated Definitive Feasibility Study for the Tenas project. However, total resources have decreased slightly due to changes in economic extraction assessments and mining depletion. These updates indicate a strategic enhancement of Bathurst’s operational capacity and resource management, potentially strengthening its position in the coal mining sector.
The most recent analyst rating on (AU:BRL) stock is a Buy with a A$0.88 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.
Bathurst Resources Limited has released its Corporate Governance Statement for the financial year ending June 30, 2025. The statement, which is available on the company’s website, outlines the extent to which the company has adhered to the ASX Corporate Governance Council’s recommendations. The document has been approved by the board and serves as a key to locating governance disclosures, ensuring transparency and compliance with ASX listing rules.
The most recent analyst rating on (AU:BRL) stock is a Buy with a A$0.88 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.
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.
Bathurst Resources Limited is set to announce its first-quarter financial results for the fiscal year 2026 on October 28, 2025. The company will provide further insights into its business outlook during a webcast scheduled for November 3, 2025. This announcement could impact stakeholders by offering updated information on the company’s financial health and strategic direction.
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.
Bathurst Resources Limited has announced that its Annual General Meeting (AGM) will be held on December 3, 2025. The company has also set October 21, 2025, as the deadline for director nominations to be considered at the AGM. This announcement is part of the company’s compliance with ASX Listing Rules and indicates a structured approach to governance and stakeholder engagement.
The most recent analyst rating on (AU:BRL) stock is a Buy with a A$0.98 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.
Bathurst Resources Limited has released an updated feasibility study for its Tenas Steelmaking Coal Project in British Columbia, confirming the project’s economic viability despite increased capital and operating costs due to inflation and revised coal price forecasts. The updated study indicates a rise in pre-production capital and operating costs, yet also shows an increase in the project’s post-tax Net Present Value, underscoring its potential as a competitive steelmaking coal development opportunity.
The most recent analyst rating on (AU:BRL) stock is a Buy with a A$0.94 price target. To see the full list of analyst forecasts on Bathurst Resources Ltd stock, see the AU:BRL Stock Forecast page.