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Buxton Resources Limited
(Sydney:BUX)
Buxton Resources Limited (BUX) vs. iShares MSCI Australia ETF (EWA)
Buxton Resources Limited Business Overview & Revenue Model
Buxton Resources Limited Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 365.44K | 651.12K | 18.00K | 37.77K | 114.07K | 1.60M | Gross Profit |
| 348.51K | 651.12K | 2.39M | 34.24K | 112.06K | 1.58M | EBIT |
| -5.26M | -6.19M | -5.22M | -1.58M | -1.29M | -2.70M | EBITDA |
| -4.56M | -4.01M | -2.82M | -1.55M | -1.20M | -1.12M | Net Income Common Stockholders |
| -4.61M | -4.04M | -2.83M | -1.55M | -1.20M | -1.14M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 1.14M | 2.93M | 4.15M | 2.10M | 2.80M | 3.91M | Total Assets |
| 2.76M | 4.47M | 5.23M | 3.00M | 3.60M | 4.78M | Total Debt |
| 151.82K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -857.37K | -2.76M | -4.02M | -1.97M | -2.68M | -3.78M | Total Liabilities |
| 447.76K | 518.47K | 1.16M | 82.89K | 65.86K | 47.43K | Stockholders Equity |
| 2.31M | 3.96M | 4.07M | 2.92M | 3.53M | 4.73M |
| Cash Flow | Free Cash Flow | ||||
| -3.72M | -3.64M | -2.86M | -1.62M | -1.11M | -2.09M | Operating Cash Flow |
| -3.68M | -3.62M | -2.78M | -1.55M | -1.11M | -2.06M | Investing Cash Flow |
| -36.10K | -24.58K | 1.27M | -36.71K | 0.00 | 1.24M | Financing Cash Flow |
| 3.28M | 2.38M | 3.55M | 881.09K | 0.00 | 0.00 |
Buxton Resources Limited Technical Analysis
Buxton Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | AU$5.15B | 40.14 | 13.01% | ― | 125.45% | ― | |
56 Neutral | AU$45.10M | ― | -36.95% | ― | ― | 11.11% | |
51 Neutral | $2.04B | -1.15 | -21.37% | 3.64% | 2.88% | -30.57% | |
47 Neutral | €14.03M | ― | -165.70% | ― | ― | 14.86% | |
| $9.87M | ― | -53.93% | ― | ― | ― | ||
39 Underperform | AU$1.06B | ― | -9.04% | ― | ― | -114.29% |
Buxton Resources Limited Corporate Events
Buxton Resources Limited has received an Exploration Incentive Scheme grant of up to A$180,000 for its Madman Project, aimed at supporting its maiden drilling program in a promising gold region in Australia. The project has seen significant progress with the approval of a Program of Works, execution of a Land Access Agreement with local Native Title Holders, and expansion through new license applications, positioning Buxton for potential growth in the gold exploration sector.
Buxton Resources Limited has reported significant progress in its various mining projects for the quarter ending March 2025. The Graphite Bull Project saw a substantial increase in its mineral resource estimate, enhancing the company’s graphite reserves. The Copper Wolf Project, in partnership with IGO, is advancing with IGO committing further investment to increase its stake, indicating promising developments in copper-molybdenum exploration. Additionally, Buxton has secured a $3 million placement to bolster its financial position, alongside appointing a new Chair of the Board, which may influence its strategic direction.
Buxton Resources Limited has announced the commencement of exploration activities at its Royale Project in the Paterson Orogen, aiming for a significant copper-gold discovery. The project is based on promising geological and geophysical data, with initial work to include geochemistry and geophysical surveys, potentially impacting the company’s industry positioning by unlocking new mineral resources.
Buxton Resources Limited has issued 44,626,771 fully paid ordinary shares without disclosure to investors, in accordance with section 708A(5)(e) of the Corporations Act 2001. The issuance of these shares indicates compliance with relevant legal provisions and suggests a strategic move to enhance the company’s capital structure, potentially impacting its market position and stakeholder interests.
Buxton Resources Limited has announced the quotation of 44,626,771 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of April 14, 2025. This move is part of previously announced transactions and is expected to strengthen the company’s financial position, potentially impacting its operational capabilities and market competitiveness.
Buxton Resources Limited announced a proposed issue of up to 120,000,000 fully paid ordinary securities, scheduled for April 14, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market positioning, as it seeks to raise funds for its ongoing exploration and development activities.
Buxton Resources Limited has successfully secured a $3.0 million placement from professional and sophisticated investors, which will be used to fund exploration and development activities at its Centurion and Madman projects in Western Australia. The company is also advancing its Copper Wolf Joint Venture with IGO Limited in Arizona, where IGO has increased its stake by committing an additional $5.0 million. The appointment of Gervaise Heddle as Non-Executive Chair is expected to guide the company’s growth strategy, enhancing its industry positioning and stakeholder value.
Buxton Resources Limited announced that IGO Limited has elected to increase its stake in the Copper Wolf Project to 70% by investing an additional A$5.35 million in exploration and development. This decision highlights the strategic importance of the Copper Wolf Project and represents a significant endorsement by IGO, a leading ASX-listed mining company. The investment will focus on assessing the feasibility of geophysical surveys to target high-grade porphyry mineralisation, thereby advancing the project’s technical understanding and reducing investment risk for Buxton.
Buxton Resources Limited has announced a strategic refocus on its wholly-owned projects, such as Madman and Centurion, which are expected to deliver significant returns for shareholders. Additionally, the company is evaluating the potential of monetizing or enhancing its portfolio of valuable ‘call options,’ including projects like Graphite Bull and Copper Wolf, to optimize its asset base.
Buxton Resources Limited has announced the appointment of Gervaise Heddle as a new director, effective March 17, 2025. The initial director’s interest notice indicates that Gervaise Heddle currently holds no securities or interests in the company, suggesting a neutral starting point for his involvement in the company’s governance.
Buxton Resources Limited has announced that Sam Wright has ceased to be a director of the company as of March 17, 2025. The final director’s interest notice reveals that Mr. Wright holds various securities through entities Straight Lines Holdings Pty Ltd and Straight Lines Consultancy Pty Ltd, including fully paid ordinary shares and options. This change in directorship may impact the company’s governance structure and could have implications for shareholders and stakeholders involved with Buxton Resources.
Buxton Resources Limited has appointed Gervaise Heddle as the new Non-Executive Chair of the Board. Heddle, who has a successful track record in leading junior exploration companies and extensive experience in capital markets, is expected to bring strategic vision to Buxton, emphasizing the advancement of their 100% owned exploration projects. This leadership change aims to enhance Buxton’s operational focus and strengthen its market position.
Buxton Resources Limited has released its interim financial report for the half-year ending December 31, 2024. This report, which should be read alongside the company’s annual report, provides insights into the financial health and operational progress of the company during this period. The release is part of the company’s compliance with continuous disclosure requirements, reflecting its commitment to transparency and accountability to stakeholders.
Buxton Resources Limited has announced a substantial expansion of its Graphite Bull Project’s Mineral Resource Estimate, increasing contained graphite by 345% to 2.25 million tonnes at a 7% Total Graphitic Carbon cut-off. The updated estimate, prepared by ERM, highlights the project’s enhanced economic potential, with 40% of the resources now classified as Indicated Resources. The mineralisation is continuous over a 1.65 km strike with an average thickness of 45 meters, and the project remains open for further exploration opportunities. These developments are expected to strengthen Buxton’s position in the graphite mining sector and provide significant exploration upside.
Buxton Resources Limited has concluded its 2024 field season at the West Kimberley JV Project with six diamond drill holes completed at the Dogleg Ni-Cu-Co Prospect. While the results did not identify significant additional mineralization, they affirm the robustness of the company’s exploration strategy and the effectiveness of its joint venture partner, IGO. The completion of ground electromagnetic surveys at nearby prospects did not reveal any further targets for exploration, though the company remains confident in the potential of the region.