Bathurst Resources(ASX) BRL

Bathurst Resources Limited is a New Zealand-based company engaged in the prospecting, extraction, development, and international sale of coal. Established in 2013 and headquartered in Wellington, Bathurst Resources focuses on delivering high-quality coal products to meet global energy demands.

Products and Services

• Extraction and sale of high-quality coal
• Development of coal mining projects
• International coal distribution and logistics

Growth Outlook

• Recent quarterly revenue reached AUD 7.24 million, indicating potential recovery
• Strong cash position with AUD 10.79 million in cash and equivalents
• Plans for expansion into new markets to increase coal sales

Financial Highlights

• Trailing twelve months (TTM) revenue of AUD 72.42 million
• Current ratio of 2.84, indicating strong liquidity
• Net income for the latest quarter was AUD -1.02 million, showing operational challenges

Bathurst Resources Limited operates in the coal industry, focusing on both domestic and international markets. The company has shown resilience with a recent quarterly revenue of AUD 7.24 million, suggesting a potential turnaround in performance. The strong cash position of AUD 10.79 million provides a buffer for operational expenses and future investments. Despite facing challenges, including a net income loss of AUD 1.02 million in the latest quarter, Bathurst Resources is strategically positioned for growth. The current ratio of 2.84 reflects a solid liquidity position, allowing the company to meet short-term obligations effectively. With plans to expand into new markets, Bathurst Resources aims to enhance its coal sales and capitalize on the growing global demand for energy resources. Investors may find the company's focus on high-quality coal extraction and development projects appealing as it navigates the complexities of the energy sector.