Bezant Resources PLC (GB:BZT)
LSE:BZT
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Bezant Resources
(LSE:BZT)
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Select Model
Rating:56Neutral
Price Target:
0.10 p
▲(18.75% Upside)
Action:N/ADate:01/04/26
The score is held back primarily by very weak financial performance (no revenue, ongoing losses, and persistent cash burn), despite a relatively low-leverage balance sheet. Technical signals are meaningfully positive and support the score, while valuation appears inexpensive on P/E but is tempered by the company’s weak operating/cash profile.
Positive Factors
Modest leverage / balance sheet flexibility
A relatively low debt load and modest leverage provide financial flexibility to fund exploration and development cycles without immediate refinancing risk. That balance-sheet cushion supports multi-month project work and partnership negotiation windows before revenue generation begins.
Negative Factors
No revenue (2020–2024)
Absence of operating revenue over several years indicates the business remains pre-commercial and dependent on capital markets or asset transactions for funding. Without revenue, there is limited visibility into sustainable margins, cash generation, or the timing of when the company can self-fund operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest leverage / balance sheet flexibility
A relatively low debt load and modest leverage provide financial flexibility to fund exploration and development cycles without immediate refinancing risk. That balance-sheet cushion supports multi-month project work and partnership negotiation windows before revenue generation begins.
Read all positive factors
Bezant Resources (BZT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£12.60M
Dividend YieldN/A
Average Volume (3M)50.34M
Price to Earnings (P/E)0.5
Beta (1Y)0.97
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding18,667,418,000
10 Day Avg. Volume49,062,910
30 Day Avg. Volume50,336,225
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.49
Price to Sales (P/S)0.00
P/FCF Ratio-4.52
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bezant Resources Business Overview & Revenue Model
Company Description
Bezant Resources Plc engages in the exploration, evaluation, and development of mineral resources. It explores for gold, silver, cobalt, manganese, copper, and other minerals in the United Kingdom, Argentina, Namibia, Zambia, Botswana, Cyprus, and...
How the Company Makes Money
null...
Bezant Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Dec 2023 | Jun 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -935.00K | -5.82M | 1.44M | -1.26M | -1.04M |
| Net Income | -1.01M | -6.11M | 1.44M | -1.27M | -977.00K |
Balance Sheet | |||||
| Total Assets | 6.33M | 6.83M | 10.79M | 8.52M | 7.56M |
| Cash, Cash Equivalents and Short-Term Investments | 88.00K | 560.00K | 57.00K | 728.00K | 1.13M |
| Total Debt | 616.00K | 526.00K | 623.00K | 0.00 | 0.00 |
| Total Liabilities | 1.23M | 858.00K | 1.09M | 531.00K | 553.00K |
| Stockholders Equity | 5.10M | 5.97M | 9.71M | 8.00M | 7.02M |
Cash Flow | |||||
| Free Cash Flow | -555.00K | -973.00K | -1.34M | -1.64M | -900.00K |
| Operating Cash Flow | -555.00K | -612.00K | -368.00K | -837.00K | -629.00K |
| Investing Cash Flow | -372.00K | -361.00K | -1.05M | -801.00K | -259.00K |
| Financing Cash Flow | 455.00K | 1.29M | 743.00K | 1.24M | 1.64M |
Bezant Resources Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
56 Neutral | £12.60M | 0.50 | 39.72% | ― | ― | ― | |
53 Neutral | £19.44M | -1.29 | -9.71% | ― | ― | ― | |
48 Neutral | £10.71M | -4.00 | -10.01% | ― | ― | ― | |
44 Neutral | £19.98M | -7.47 | -61.42% | ― | ― | ― | |
41 Neutral | £7.80M | -1.28 | -218.13% | ― | ― | ― | |
| ― | £15.53M | ― | ― | ― | ― | ― |
* Basic Materials Sector Average
GB:BZT
Bezant Resources
0.07
0.05
235.00%
GB:KDNC
Cadence Minerals
4.75
2.95
163.89%
GB:GLR
Galileo Resources
0.78
-0.07
-8.82%
GB:LND
Landore Resources
2.10
-1.05
-33.33%
GB:RMR
Pathfinder Minerals
0.28
0.13
86.67%
GB:POW
Power Metal Resources Plc
13.75
2.00
17.02%
Bezant Resources Corporate Events
Business Operations and Strategy
Bezant Resources hires Unitrans for Namibian Hope and Gorob mine logistics and mining services
Positive
Mar 11, 2026
Bezant Resources has signed an exclusive Mining and Logistics Services Agreement between its Namibian subsidiary Hope and Gorob Mining and Unitrans Namibia, covering drilling, blasting, loading, hauling, mine planning, road maintenance, and materi...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Bezant secures key Namibian mining licence renewal and issues new shares on warrant exercise
Positive
Mar 10, 2026
Bezant Resources has secured a 10-year renewal of Mining Licence ML185 for the Namib Lead and Zinc Mining operation and processing plant in Namibia, which it acquired in December 2025 to treat copper-gold pre-concentrate from its Hope and Gorob pr...
Business Operations and StrategyPrivate Placements and Financing
Bezant Secures 10-Year Namibian Licence Renewal and Issues New Shares on Warrant Exercise
Positive
Mar 10, 2026
Bezant Resources has secured a 10-year renewal of Mining Licence ML185 for the Namib Lead and Zinc Mining operation in Namibia, which it acquired in December 2025 to process copper-gold pre-concentrate from its Hope and Gorob project. The renewal ...
Business Operations and Strategy
Bezant Grants 771 Million Incentive Options Tied to Hope and Gorob Milestones
Positive
Mar 3, 2026
Bezant Resources has granted 771 million share options under its existing executive share option scheme, with 322.5 million options allocated to directors and associates, 80 million to a non-director PDMR, and the remainder to other eligible parti...
Private Placements and FinancingRegulatory Filings and Compliance
Bezant Resources Expands Share Capital After Warrant Exercise
Neutral
Jan 23, 2026
Bezant Resources has issued 285,500,000 new ordinary shares following the exercise of warrants linked to previous fundraisings, with 275,500,000 shares issued at 0.06p and 10,000,000 shares at 0.04p. The new shares, which will rank pari passu with...
Delistings and Listing ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Bezant Resources Issues 80 Million Shares on Warrant Exercise, Lifting AIM Free Float
Neutral
Jan 14, 2026
Bezant Resources has issued 80 million new ordinary shares following the exercise of warrants priced at 0.06p each, stemming from a fundraising completed in December 2023, with the new shares ranking pari passu with the existing equity. The compan...
Private Placements and FinancingRegulatory Filings and Compliance
Bezant Resources Expands Share Capital After Warrant Exercise
Neutral
Jan 8, 2026
Bezant Resources has issued 350 million new ordinary shares following the exercise of warrants priced at 0.06p per share, stemming from a fundraising completed in December 2023. These warrant exercise shares will be admitted to trading on AIM arou...
Regulatory Filings and Compliance
Bezant Chairman’s Associate Increases Stake with 20.2 Million-Share Purchase
Positive
Dec 29, 2025
Bezant Resources has disclosed that Sylvia Vrska, the wife of Executive Chairman Colin Bird and therefore a person closely associated with him, purchased a total of 20.2 million Bezant ordinary shares in two on-market transactions on 24 and 29 Dec...
Other
Bezant Chairman Colin Bird Increases Stake with 30 Million-Share Purchase
Positive
Dec 24, 2025
Bezant Resources has disclosed that its executive chairman, Colin Bird, purchased 30 million additional ordinary shares in the company at an average price of 0.0745 pence per share, increasing his holding to 1.063 billion shares, or 6.10% of the c...
Business Operations and StrategyM&A Transactions
Bezant Resources Completes Acquisition of NLZM Processing Plant
Positive
Dec 17, 2025
Bezant Resources PLC has completed the acquisition of a 90% shareholding in Namib Lead and Zinc Mining (Proprietary) Limited, which owns the NLZM Processing Plant. This acquisition is a crucial step in the development of the Hope Gorob gold proje...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.