Bathurst Resources Limited.

BRL.ASX

Materials

Exploration, development and coal production in New Zealand.

Market Data

Price

$0.560

+0.0%
Market Cap

$133.2M

P/E Ratio

-100000.0x

EPS

$-0.131

Div. Yield

0.00%

52-Week Change

-0.2%

Latest Earnings

March 2026 Quarterly Report

29 April 2026

Bathurst Resources maintained its full-year consolidated EBITDA guidance of $35-45m despite facing significantly increased fuel costs from the Iran-US conflict, with year-to-date consolidated EBITDA of $30m (down $10m YoY). The decline was driven by reduced domestic segment earnings, partially offset by strong export segment performance (+96kt sales volume) and higher Hard Coking Coal prices, while the company maintains a robust cash position of $141m including restricted deposits. Key points: Maintained full-year consolidated EBITDA guidance of $35-45m despite significant fuel cost headwinds from Iran-US conflict; Strong export segment performance with sales volumes up 96kt YoY, offset by lower HCC benchmark pricing vs PCP; Robust cash position of $141m (including restricted deposits) providing financial flexibility for development projects

Recent Announcements

29 Apr 2026 Actual Results Neutral

March 2026 Quarterly Report

Bathurst Resources maintained its full-year consolidated EBITDA guidance of $35-45m despite facing significantly increased fuel costs from the Iran-US conflict, with year-to-date consolidated EBITDA of $30m (down $10m YoY). The decline was driven by reduced domestic segment earnings, partially offset by strong export segment performance (+96kt sales volume) and higher Hard Coking Coal prices, while the company maintains a robust cash position of $141m including restricted deposits. Key points: Maintained full-year consolidated EBITDA guidance of $35-45m despite significant fuel cost headwinds from Iran-US conflict; Strong export segment performance with sales volumes up 96kt YoY, offset by lower HCC benchmark pricing vs PCP; Robust cash position of $141m (including restricted deposits) providing financial flexibility for development projects

27 Feb 2026 Supplementary Neutral

Half Year Results Webcast Presentation

Bathurst Resources Limited (ASX: BRL) released its half-year FY26 results showing consolidated revenue of NZD $115 million and EBITDA of NZD $16 million, down from NZD $119 million and NZD $27 million respectively in H1 FY25, due to weaker export coal pricing and increased costs.

27 Feb 2026 Actual Results Neutral

Half Year Results - December 2025

Bathurst Resources reported H1 FY26 consolidated EBITDA of NZD $16.2m, down 41% from $27.5m in H1 FY25, but ahead of internal forecasts despite challenging Hard Coking Coal (HCC) pricing conditions. Revenue declined 3.6% to $114.6m, with a net loss after tax of $3.4m versus a profit of $8.3m in the prior period, driven by lower export coal prices and reduced domestic sales volumes. Management maintained full-year EBITDA guidance of $35m–$45m, supported by a recent recovery in HCC benchmark prices and a strong cash balance of $155.6m. Key points: H1 FY26 EBITDA of $16.2m was ahead of internal forecasts despite challenging HCC pricing environment.; Strong consolidated cash balance of $155.6m (including restricted short-term deposits) as at 31 December 2025.; Export segment production increased 30% to 514kt and sales rose 60% to 501kt, recovering from prior year Tawhai tunnel disruption.

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