How to buy Bathurst Resources shares | A$0.04
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Bathurst Resources Limited is a coking coal business based in Australia. Bathurst Resources shares (BRL) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.04 – a decrease of 2.44% over the previous week. and has a market cap (total outstanding shares value) of $70.1 million.
How to buy shares in Bathurst Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Bathurst Resources. Find the share by name or ticker symbol: BRL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Bathurst Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.04, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Bathurst Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Bathurst Resources key stats
- Compare share trading platforms
- Is Bathurst Resources stock a buy or sell?
- Bathurst Resources performance over time
- Are Bathurst Resources shares over-valued?
- Bathurst Resources's financials
- How volatile are Bathurst Resources shares?
- Does Bathurst Resources pay a dividend?
- Other common questions
How has coronavirus impacted Bathurst Resources's share price?
Since the stock market crash in March caused by coronavirus, Bathurst Resources's share price has had significant negative movement.
Its last market close was $0.04, which is 59.60% down on its pre-crash value of $0.099 and 2.56% up on the lowest point reached during the March crash when the shares fell as low as $0.039.
If you had bought $1,000 worth of Bathurst Resources shares at the start of February 2020, those shares would have been worth $354.55 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $363.64.
Bathurst Resources share priceUse our graph to track the performance of BRL stocks over time.
Bathurst Resources shares at a glance
|Latest market close||AUDA$0.04|
|52-week range||AUDA$0.038 - AUDA$0.12|
|50-day moving average||AUDA$0.0457|
|200-day moving average||AUDA$0.0543|
|Dividend yield||AUDA$0 (6.22%)|
|Earnings per share (TTM)||AUDA$0.003|
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Is it a good time to buy Bathurst Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Bathurst Resources price performance over time
|1 week (2020-09-22)||-2.44%|
|1 month (2020-08-28)||-14.89%|
|3 months (2020-06-29)||-20.00%|
|6 months (2020-03-27)||-14.89%|
|1 year (2019-09-27)||-60.00%|
|2 years (2018-09-28)||-63.64%|
|3 years (2017-09-29)||-74.19%|
|5 years (2015-09-29)||166.67%|
Is Bathurst Resources under- or over-valued?
Valuing Bathurst Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bathurst Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Bathurst Resources's P/E ratio
Bathurst Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Bathurst Resources shares trade at around 3x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Bathurst Resources financials
|Gross profit TTM||$10.8 million|
|Return on assets TTM||-0.38%|
|Return on equity TTM||-51.76%|
|Market capitalisation||$70.1 million|
TTM: trailing 12 months
Bathurst Resources share dividends
Dividend payout ratio: 13.49% of net profits
Recently Bathurst Resources has paid out, on average, around 13.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.22% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bathurst Resources shareholders could enjoy a 6.22% return on their shares, in the form of dividend payments. In Bathurst Resources's case, that would currently equate to about A$0 per share.
While Bathurst Resources's payout ratio might seem low, this can signify that Bathurst Resources is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 September 2019 (the "ex-dividend date").
Bathurst Resources share price volatility
Over the last 12 months, Bathurst Resources's shares have ranged in value from as little as $0.038 up to $0.12. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Bathurst Resources's is 1.1416. This would suggest that Bathurst Resources's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Bathurst Resources overview
Bathurst Resources Limited, together with its subsidiaries, engages in the exploration, development, and production of coal in New Zealand. The company holds interests in the Canterbury Coal mine located in the west of Christchurch; the Stockton mine located in the north of Westport; and the Takitimu mine located in the Northwest of Invercargill. It also has interests in the Maramarua and Rotowaro mines in the Waikato region; and the Cascade and Escarpment mines near Westport. The company also exports coal. The company was formerly known as Bathurst Resources (New Zealand) Limited and changed its name to Bathurst Resources Limited in December 2013. Bathurst Resources Limited was incorporated in 2013 and is based in Wellington, New Zealand.
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