Bathurst Resources Limited (BTURF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Bathurst Resources Limited (BTURF) trades at $0.52 with AI Score 38/100 (Grade D). Bathurst Resources Limited is a New Zealand-based coal exploration, development, and production company. It focuses on both domestic supply and export markets. Market cap: $123.63M, Sector: Energy.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for BTURF: BTURF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BTURF against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
BTURF: 1/1 perspectives are bearish.
How is this calculated? →Bathurst Resources Limited (BTURF) Energy Operations & Outlook
Bathurst Resources Limited, based in New Zealand, is involved in coal exploration, development, and production for both domestic and export markets. With a negative P/E ratio and a small market capitalization, the company operates in a sector facing increasing environmental scrutiny and fluctuating commodity prices.
What Is the Investment Thesis for BTURF?
Bathurst Resources Limited presents a speculative investment opportunity within the coal sector. With a market capitalization of $123.63M and a negative P/E ratio of -21.99, the company's financial performance is currently challenged, as reflected in its negative profit margin of -23.0%. The company's gross margin stands at 15.0%. Key value drivers include potential increases in coal prices and successful expansion of export markets. Growth catalysts include securing new mining permits and optimizing operational efficiencies. However, the company faces significant risks, including fluctuating coal prices, increasing environmental regulations, and potential declines in demand for coal as the world transitions to cleaner energy sources. Investors should carefully consider these factors before investing in BTURF.
Based on FMP financials and quantitative analysis
BTURF Key Highlights
- Market capitalization of $123.63M indicates a small-cap company.
- Negative P/E ratio of -21.99 suggests the company is currently unprofitable.
- Profit margin of -23.0% reflects operational challenges and potential cost inefficiencies.
- Gross margin of 15.0% indicates the profitability of core operations before accounting for overhead and other expenses.
- Beta of -0.22 suggests the stock is less volatile than the overall market.
Who Are BTURF's Competitors?
BTURF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| APHE Alpha Energy, Inc. | $5.00 | +3.52% | $108.62M | 38 |
| CETEF Cathedral Energy Services Ltd. | $3.41 | +0.89% | $114.41M | 42 |
| GENGF Gear Energy Ltd. | $0.33 | -4.58% | $87.78M | 43 |
| GFGY Granite Falls Energy, LLC | $4866.00 | +0.00% | $148.93M | 50 |
| KGEIF Kolibri Global Energy Inc. | $4.35 | +2.35% | $154.96M | 47 |
| WHITF Whitehaven Coal Limited | $5.23 | +0.58% | $4.30B | 62 |
| CNR Core Natural Resources, Inc. | $80.88 | +1.93% | $4.08B | 59 |
| ARRHW Arch Resources Inc | $176.01 | +10.70% | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BTURF's Key Strengths?
- Access to New Zealand coal reserves.
- Established mining operations.
- Experienced management team.
- Existing export relationships.
What Are BTURF's Weaknesses?
- Negative profitability.
- Small market capitalization.
- Exposure to fluctuating coal prices.
- Limited diversification.
What Could Drive BTURF Stock Higher?
- Securing new mining permits to expand production capacity.
- Optimization of mining operations to reduce costs and improve efficiency.
- Expansion of export markets to increase revenue streams.
What Are the Key Risks for BTURF?
- Negative return on equity (-2.1%) — the business is not currently generating profit on shareholder capital.
- Declining demand for coal due to increasing adoption of renewable energy sources.
- Fluctuating coal prices impacting revenue and profitability.
- Increasing environmental regulations increasing compliance costs.
- Geopolitical instability affecting export markets.
What Are the Growth Opportunities for BTURF?
- Expansion of Export Markets: Bathurst Resources can pursue growth by expanding its export markets, particularly in Asia, where demand for coal remains relatively strong. This involves identifying new customers, establishing distribution channels, and securing long-term supply agreements. Success depends on competitive pricing, quality of coal, and efficient logistics. The global coal market is projected to reach $1.4 trillion by 2028, providing ample opportunity for growth.
- Optimization of Mining Operations: Improving the efficiency of mining operations can significantly reduce costs and increase profitability. This includes investing in advanced mining technologies, streamlining processes, and enhancing workforce productivity. By optimizing operations, Bathurst Resources can improve its competitiveness and increase its profit margins. The timeline for implementation is estimated at 2-3 years.
- Development of New Coal Deposits: Bathurst Resources can grow by developing new coal deposits within New Zealand. This involves securing mining permits, conducting feasibility studies, and investing in infrastructure. Successful development of new deposits can increase the company's production capacity and extend its reserves. The timeline for developing new coal deposits can range from 3-5 years.
- Strategic Acquisitions: Bathurst Resources can pursue growth through strategic acquisitions of other coal companies or coal deposits. This can provide access to new markets, increase production capacity, and enhance the company's competitive position. Careful due diligence and integration are essential for successful acquisitions. The timeline for identifying and completing acquisitions can vary depending on market conditions.
- Focus on High-Value Coal Products: Bathurst Resources can focus on producing and selling high-value coal products, such as metallurgical coal, which is used in steel production. Metallurgical coal typically commands higher prices than thermal coal, which is used for power generation. By shifting its focus to high-value products, Bathurst Resources can increase its revenue and profitability. The timeline for transitioning to high-value coal products is estimated at 1-2 years.
What Opportunities Does BTURF Have?
- Expansion into new export markets.
- Development of new coal deposits.
- Adoption of cleaner coal technologies.
- Strategic acquisitions.
What Threats Does BTURF Face?
- Declining demand for coal.
- Increasing environmental regulations.
- Fluctuating coal prices.
- Competition from other coal producers.
What Are BTURF's Competitive Advantages?
- Access to New Zealand coal resources.
- Established mining operations and infrastructure.
- Existing relationships with domestic and international customers.
- Expertise in coal exploration, development, and production.
What Does BTURF Do?
Bathurst Resources Limited, established in 2013 and headquartered in Wellington, New Zealand, is a coal exploration, development, and production company. Originally named Bathurst Resources (New Zealand) Limited, the company changed its name in December 2013. Bathurst Resources focuses on exploring and developing coal resources within New Zealand, catering to both domestic energy needs and international export markets. The company's operations involve identifying, acquiring, and developing coal deposits, extracting coal through various mining methods, and processing it for sale. Bathurst Resources plays a role in New Zealand's energy sector, contributing to the supply of coal for industrial and power generation purposes. The company also exports coal to overseas markets, expanding its revenue streams and contributing to the national economy. Bathurst Resources faces competition from other coal producers, both domestic and international, and navigates the challenges of fluctuating coal prices and evolving environmental regulations.
What Products and Services Does BTURF Offer?
- Explores for coal deposits in New Zealand.
- Develops coal mines.
- Produces coal for domestic and export markets.
- Processes coal to meet customer specifications.
- Exports coal to various countries.
- Manages mining operations and environmental compliance.
- Sells coal to industrial and power generation customers.
How Does BTURF Make Money?
- Explores and develops coal resources.
- Extracts and processes coal.
- Sells coal to domestic and international customers.
- Generates revenue from coal sales.
What Industry Does BTURF Operate In?
Bathurst Resources operates within the coal industry, a sector undergoing significant transformation due to environmental concerns and the global shift towards renewable energy sources. The coal market is characterized by fluctuating prices, driven by supply and demand dynamics, geopolitical factors, and environmental regulations. Competitors include both domestic and international coal producers. The industry faces increasing pressure to reduce carbon emissions and adopt sustainable mining practices. Bathurst Resources must navigate these challenges to maintain its market position and ensure long-term viability.
Who Are BTURF's Key Customers?
- Domestic industrial customers in New Zealand.
- Power generation companies.
- International coal importers.
- Steel manufacturers (for metallurgical coal).
Bathurst Resources Limited Financial Trajectory
Bathurst Resources Limited (BTURF) reported $10.8M in revenue for Q4 2025, a decline of 38.6% compared to the prior quarter. The company recorded a net loss of $3.0M, with diluted EPS of $-0.01. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Energy stock should monitor closely. Across the four most recent quarters, BTURF averaged $0.04 in diluted EPS.
Company Profile
Bathurst Resources Limited operates in the Coal industry within the Energy sector. It is headquartered in Wellington, NZ. The company is led by CEO Richard Tacon. BTURF has traded publicly since 2013.
How Bathurst Resources Limited Is Valued
Bathurst Resources Limited carries a market capitalization of $123.63M, placing it in the micro-cap category. Relative to its peer group, BTURF's quantitative score of 38/100 is roughly in line with the peer average of 44/100.
ROE -2%Key Financial Metrics
Return on equity for Bathurst Resources Limited stands at -2.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.0%, showing how much profit it generates from its asset base. Its free cash flow yield is -4.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.70 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -5.5%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 5/9Financial Health
Bathurst Resources Limited's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 4.39 places it in the safe zone, indicating low near-term bankruptcy risk.
FY2026 estForward Outlook
Wall Street analysts project Bathurst Resources Limited revenue of about $5.0M for fiscal 2026, with EPS near $-0.04.
BTURF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Bathurst's future, indicating that key stakeholders believe in the company's potential.
- Community sentiment has shifted positively as discussions around sustainable mining practices gain traction, aligning with Bathurst's initiatives.
- Analysts highlight the company's strategic positioning in the resource sector, with increasing demand for minerals supporting growth prospects.
- Recent announcements about new projects have generated excitement, reflecting a belief that Bathurst is on the verge of significant developments.
Bear Case
- Concerns over regulatory challenges in the mining sector have emerged, with potential impacts on Bathurst's operational efficiency.
- Recent community discussions show skepticism regarding the company's ability to scale operations amid increasing competition.
- Market perception has been cautious, with some investors questioning the sustainability of Bathurst's business model in a fluctuating resource market.
- Insider selling activity has raised eyebrows, leading to speculation about potential weaknesses in the company's future outlook.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q4 2025 | $11M | -$3M | -$0.01 |
| Q2 2025 | $18M | -$4M | -$0.02 |
| Q4 2024 | $20M | $7M | $0.04 |
| Q2 2024 | $19M | $27M | $0.14 |
Based on FMP financials and quantitative analysis
BTURF Latest News
No recent news available for BTURF.
BTURF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BTURF.
Price Targets
Wall Street price target analysis for BTURF.
BTURF MoonshotScore
What does this score mean?
The MoonshotScore rates BTURF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry CoalLeadership: Richard Tacon
Managing
Richard Tacon currently manages 710 employees at Bathurst Resources Limited. Information regarding his detailed career history, education, and previous roles is not available in the provided data. Further research would be needed to provide a comprehensive background on Mr. Tacon's experience and qualifications.
Track Record: Due to limited information, it is not possible to assess Richard Tacon's track record at Bathurst Resources Limited. Key achievements, strategic decisions, and company milestones under his leadership are currently unknown. Further data is needed to evaluate his performance and contributions to the company.
BTURF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Bathurst Resources Limited may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries higher risks compared to stocks listed on major exchanges like the NYSE or NASDAQ due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases information asymmetry.
- Lower trading volumes can lead to price volatility.
- Wider bid-ask spreads increase transaction costs.
- Potential for fraud or manipulation is higher on the OTC market.
- Regulatory oversight is less stringent compared to major exchanges.
- Verify the company's registration and legal standing.
- Obtain and review available financial statements.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Understand the company's capital structure and potential dilution.
- Check for any regulatory filings or legal proceedings.
- Consult with a qualified financial advisor.
- Company has been in operation since 2013.
- Company has 710 employees.
- Company explores, develops, and produces coal.
- Company exports coal.
What Investors Ask About Bathurst Resources Limited (BTURF) — Energy
What does Bathurst Resources Limited do?
Bathurst Resources Limited is a New Zealand-based coal company involved in the exploration, development, and production of coal. They operate coal mines within New Zealand and sell coal to both domestic and international customers. Their business model focuses on extracting coal resources and supplying them to industries that rely on coal for energy generation and other industrial processes. The company navigates the complexities of the coal market, including fluctuating prices and environmental regulations, to maintain its operations and generate revenue.
What are the main risks for BTURF?
Bathurst Resources Limited faces several key risks, including fluctuating coal prices, increasing environmental regulations, and declining demand for coal as the world transitions to cleaner energy sources. The company's negative profitability and small market capitalization further amplify these risks. Operating on the OTC market introduces additional risks related to liquidity, transparency, and regulatory oversight. Investors should carefully assess these risks before investing in BTURF.
What are the key factors to evaluate for BTURF?
Bathurst Resources Limited (BTURF) holds an AI score of 38/100 (low). Not financial advice.
How frequently does BTURF data refresh on this page?
BTURF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BTURF's recent stock price performance?
Bathurst Resources Limited (BTURF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Access to New Zealand coal reserves. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BTURF overvalued or undervalued right now?
Valuing Bathurst Resources Limited (BTURF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BTURF?
Before investing in Bathurst Resources Limited (BTURF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding BTURF to a portfolio?
Key strength of Bathurst Resources Limited (BTURF): Access to New Zealand coal reserves. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available on CEO's background and track record.
- OTC market investments carry higher risks.