Buxton Resources Limited (BUX) AI Stock Analysis

• Market Cap: AU$15.19M
• Dividend Yield: N/A
• Average Volume (3M): 835.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: N/A
• EPS Growth: 10.34%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 345,148,200
• 10 Day Avg. Volume: 607,362
• 30 Day Avg. Volume: 835,255
• PEG Ratio: 0.19
• Price to Book (P/B): 2.51
• Price to Sales (P/S): 9.19
• P/FCF Ratio: -2.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.05 ▲(50.00% Upside)

The score is constrained primarily by weak financial performance (persistent losses and cash burn despite low leverage). Technicals provide a meaningful offset with a strong trend and positive momentum, while valuation remains a headwind due to unprofitability and no indicated dividend support.

Positive Factors

Conservative balance sheet

Extremely low financial leverage materially reduces refinancing and solvency risk for an exploration company, giving management more optionality to pursue drilling or farm-outs without immediate debt pressure. This structural resilience lengthens runway versus highly leveraged peers.

Clear monetisation pathways

As an early-stage explorer, the business model provides multiple durable exit routes — farm-outs, joint ventures, or asset sales — that let Buxton crystallise value without building large-scale production itself. These structural options reduce sole reliance on self-funded mine construction.

Project-level gross profit potential

Reported strong gross profit suggests underlying projects can demonstrate positive unit economics at revenue points. If exploration success increases sellable or partner-funded output, gross-margin strength provides a pathway to scalable profitability once fixed costs are managed or shifted to JV partners.

Negative Factors

Persistent negative cash generation

Consistent operating cash burn forces ongoing reliance on external capital (equity raises, asset sales or JV funding). Over 2–6 months this heightens dilution and execution risk for exploration programs, and structurally reduces flexibility to fund sustained drilling without partner support.

Volatile, declining revenue and deep losses

Large year-to-year revenue swings and persistent, large negative margins indicate the company lacks stable operating scale. Structurally, this undermines the ability to invest in systematic exploration or attract disciplined partners without clear evidence of a reproducible revenue model or material discovery.

Eroding equity and negative returns

Steady equity erosion and deeply negative returns on equity reduce the balance sheet cushion that funds exploration cycles, increasing the probability of capital raises or asset dilution. Over months this weakens investor incentives and constrains long-term strategic optionality for projects.

Buxton Resources Limited Business Overview & Revenue Model

Company Description

Buxton Resources Limited engages in the acquisition, exploration, and evaluation of mining tenements in Australia. The company focuses on nickel, copper, gold, iron, and graphite deposits. It holds a 100% interest in the Merlin, Quick Shears, and West Kimberley projects; the Yalbra project; the Narryer project; the Copper Wolf project; the Centurion project; the Shogun and Royale projects; the Lateron project; and the Fatboy project located in Western Australia. Buxton Resources Limited was incorporated in 2007 and is based in Subiaco, Australia.

How the Company Makes Money

Buxton Resources Limited generates revenue primarily through the exploration and potential development of mineral properties. The company's main revenue streams include the sale of discovered mineral resources and potential joint ventures or partnerships with larger mining companies which may provide funding and development expertise. The success of these activities depends on the company's ability to discover economically viable mineral deposits and to secure the necessary permits and infrastructure to develop these resources. Additionally, Buxton Resources might earn income from strategic asset sales or option agreements with other mining entities.

Buxton Resources Limited Financial Statement Overview

Summary

Overall fundamentals are weak: highly volatile and sharply contracting revenue, persistent net losses with a deeply negative 2025 net margin, and ongoing negative operating/free cash flow indicating continued cash burn. The main offset is a conservatively financed balance sheet with very low leverage, which reduces near-term solvency risk but does not offset equity erosion from recurring losses.

Income Statement

Revenue has been highly volatile and recently contracted sharply (2025: ~A$1.0m, down ~110% vs 2024), following an unusually large spike in 2024. Profitability is consistently weak: the company has reported net losses every year shown, with 2025 net margin deeply negative (~-478%), indicating a cost base far above the current revenue level. While gross profit was strong in 2025, operating losses remained substantial, suggesting limited operating leverage and an ongoing need to rationalize expenses or scale revenues.

Balance Sheet

The balance sheet is conservatively financed with very low leverage (2025 debt-to-equity ~0.03; prior years essentially no debt), which reduces refinancing and solvency risk. However, recurring losses are eroding shareholder value over time (equity down from ~A$4.7m in 2020 to ~A$3.7m in 2025), and returns on equity are materially negative (2025 ~-130%), reflecting weak underlying economics despite the low-debt structure.

Cash Flow

Cash generation is consistently negative, with operating cash flow below zero in every year shown and worsening in 2025 (about -A$3.8m). Free cash flow is also negative throughout, indicating ongoing cash burn rather than reinvestment-funded growth. While free cash flow is roughly in line with reported losses (free cash flow to net income ~1.0), the persistent burn rate increases reliance on external funding over time.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.01M	1.00M	2.80M	18.00K	37.77K	114.07K
Gross Profit	348.51K	1.00M	-33.14K	2.39M	34.24K	112.06K
EBITDA	-4.56M	-4.41M	-4.01M	-2.80M	-1.55M	-1.20M
Net Income	-4.61M	-4.79M	-4.04M	-2.83M	-1.55M	-1.20M
Balance Sheet
Total Assets	2.76M	4.31M	4.47M	5.23M	3.00M	3.60M
Cash, Cash Equivalents and Short-Term Investments	1.14M	2.58M	2.93M	4.15M	2.10M	2.80M
Total Debt	151.82K	125.45K	0.00	0.00	0.00	0.00
Total Liabilities	447.76K	637.87K	518.47K	1.16M	82.89K	65.86K
Stockholders Equity	2.31M	3.67M	3.96M	4.07M	2.92M	3.53M
Cash Flow
Free Cash Flow	-3.72M	-3.86M	-3.64M	-2.86M	-1.62M	-1.11M
Operating Cash Flow	-3.68M	-3.83M	-3.62M	-2.78M	-1.55M	-1.11M
Investing Cash Flow	-36.10K	-24.92K	-24.58K	1.27M	-36.71K	0.00
Financing Cash Flow	3.28M	3.68M	2.38M	3.55M	881.09K	0.00

Buxton Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.03
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BUX, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 71.50 is Negative, neither overbought nor oversold. The STOCH value of 85.61 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BUX.

Buxton Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MLS	50 Neutral	AU$18.29M	-11.90	-4.60%	―	―	-162.50%
BUX	48 Neutral	AU$15.19M	-2.12	-127.11%	―	―	10.34%
LML	48 Neutral	AU$51.82M	-18.18	-31.20%	―	―	26.67%
AKO	45 Neutral	AU$14.74M	-5.48	-14.33%	―	―	―
RWD	42 Neutral	AU$12.07M	-6.29	―	―	―	93.44%

Buxton Resources Limited Corporate Events

Buxton Advances Copper-Gold Exploration Portfolio as Key WA Projects Progress

Buxton Resources reported progress across its key Western Australian exploration assets for the December 2025 quarter, advancing copper-gold targets at the Centurion, Lateron and Madman projects while maintaining a cash balance of about AUD 0.88 million and implementing board changes, including the appointment of Martin Moloney as Managing Director. At Centurion, strong pathfinder assay results including elevated silver and an expanded tenement area, together with successful passive seismic trials, support further geophysical work; at Lateron, gravity surveys and petrological analysis have defined high-priority copper-gold drill targets pending land access agreements; and at Madman, the company continues to move toward a maiden drilling program on a Havieron-style magnetic anomaly, reinforcing its strategy of prioritising rapid copper-gold discovery opportunities in its refined exploration portfolio.

The most recent analyst rating on (AU:BUX) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Buxton Resources Limited stock, see the AU:BUX Stock Forecast page.

Buxton Resources AGM 2025: Key Resolutions and Strategic Directions

Buxton Resources Limited held its Annual General Meeting on November 19, 2025, where shareholders reviewed the company’s financial statements and reports for the year ending June 30, 2025. Key resolutions included the adoption of the remuneration report, the re-election of director Gervaise Heddle, approval for additional equity issuance capacity, and the renewal of the proportional takeover provision. These decisions are set to influence the company’s governance and financial strategies moving forward.

Buxton Resources Issues New Shares in Compliance with Corporations Act

Buxton Resources Limited has announced the issuance of 613,497 fully paid ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This move reflects the company’s adherence to regulatory requirements and may impact its capital structure, potentially influencing investor perceptions and market positioning.

Buxton Resources Limited Announces Quotation of New Securities

Buxton Resources Limited announced the application for the quotation of 613,497 ordinary fully paid securities on the ASX, issued as shares in lieu of cash for pre-mobilisation fees and exploration logistics. This move reflects the company’s strategic approach to managing operational costs and could potentially enhance its liquidity and financial flexibility, impacting its market positioning positively.

Buxton Resources Issues New Shares to Bolster Market Operations

Buxton Resources Limited has announced the issuance of 928,793 fully paid ordinary shares without disclosure to investors, in compliance with the Corporations Act 2001. This move is part of the company’s ongoing efforts to manage its capital and enhance its market operations, potentially impacting its financial positioning and shareholder value.

Buxton Resources Limited Announces Quotation of New Securities on ASX

Buxton Resources Limited has announced the application for quotation of 928,793 fully paid ordinary securities on the ASX. This move is part of a strategy to settle 12 months of investor communications and media platform services through shares instead of cash, potentially impacting the company’s cash flow management and investor relations.