BRIGHTSTAR RESOURCES LIMITED (BTR)
Share Price Analysis and Chart

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BTR - BRIGHTSTAR RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.35
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.025

29 Nov
2024

0.001

OPEN

$0.03

4.17%

HIGH

$0.03

16,227,522

LOW

$0.02

TARGET
$0.04 60.0% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1M . AAM . ADT . ALK . AMI . ASL . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FFM . FFM . FND . GMD . GOR . GPR . HGO . IGO . KCN . KGL . MAU . MEI . NEM . NST . NVA . OBM . PDI . PNR . PRU . RMS . RRL . RSG . RXL . SBM . SMI . SPR . SSR . STM . STN . SVL . TBR . TCG . TRE . TTM . VAU . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
BTR: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx - 0.3 0.1 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 25.0 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

N/A

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-0.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx1.1 M
Book Value Per Share xxxxxxxxxxxxxxx1.5
Net Operating Cash Flow xxxxxxxxxxxxxxx0.1 M
Net Profit Margin xxxxxxxxxxxxxxx-606.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-12.47 %
Return on Invested Capital xxxxxxxxxxxxxxx-12.15 %
Return on Assets xxxxxxxxxxxxxxx-8.55 %
Return on Equity xxxxxxxxxxxxxxx-12.47 %
Return on Total Capital xxxxxxxxxxxxxxx-18.96 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-2.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx8 M
Price To Book Value xxxxxxxxxxxxxxx1.12

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx8.7 M
Capex % of Sales xxxxxxxxxxxxxxx829.53 %
Cost of Goods Sold xxxxxxxxxxxxxxx8 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx3 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

07/11/2024

1

Initiation of coverage with Buy, High Risk

$0.04

60.00%

Shaw and Partners initiates coverage of Brightstar Resources with a Buy, High Risk rating. The company is currently developing its portfolio of Western Australian gold assets across the Menzies, Laverton, and Sandstone production hubs.

The Sandstone hub will include the recently acquired Montague East Gold Project and the Sandstone project from the merger with Alto Metals ((AME)), soon to be finalised via a scheme of arrangement.

These two projects are located 70 km apart in the East Murchison region of Western Australia.

A target price of 4c is set.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.10 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.50 cents.

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

07/11/2024

1

Initiation of coverage with Speculative Buy

$0.06

140.00%

Canaccord Genuity initiates coverage of Brightstar Resources with a Speculative Buy rating and a target price of 6c.

The broker highlights Brightstar as an emerging gold producer with 100% ownership of the Menzies, Laverton, and Sandstone Gold Projects in Western Australia.

Canaccord expects early but valuable cash flow in FY25 from the Second Fortune mine at the Laverton hub, with production forecast to reach 15koz at costs (AISC) of $2,441/oz.

The analysts anticipate significant production growth in FY26-28 as additional deposits come online, with output expected to climb to 175koz annually by FY28.

Canaccord notes potential M&A as Brightstar advances regional consolidation to support its growth strategy and enhance resource quality.

BTR STOCK CHART