Brightstar Resources Limited is a gold exploration and development company based in Australia. The Organization possesses 100 percent of the Laverton Gold Undertaking and the Menzies Gold Venture. On Bandya Station Road, 35 kilometers (km) north of Laverton, its Cork Tree Well Project is accessible via an unsealed track three kilometers (km) to the west of Bandya Road. Plug Tree Well’s mineral asset is facilitated inside the thin greenstone belt connecting the Laverton and Duketon greenstone belts. we will discuss the Brightstar Resources (BTR) share price forecast and whether one should invest or not.
The Burtville Shear, which runs from near Sunrise Dam to Burtville, is the focal point of its Beta Project Mineral Resource. Its Alpha Undertaking is found roughly 35 km west of Laverton, and 15 km from the Brightstar Plant. Mafic schist and foliated basalt make up Alpha’s geology. The Menzies Gold Venture is situated along the western edge of the Menzies greenstone belt. The Menzies Gold Undertaking covers a touching area bundle over a strike length more than 15 km.
It is inherently difficult and speculative to forecast the share price of a company like Brightstar Resources (BTR) over a prolonged period, such as from 2025 to 2055. Market conditions, commodity prices, geopolitical influences, company performance, technological advancements, modifications to regulations, and broader economic factors are just a few of the many factors that can affect a resource company’s share price.
But there is a general framework for thinking about the things that could affect Brightstar Resources (BTR) share price over this long time. Note that this is a theoretical activity, and explicit offer value expectations would call for continuous information, point-by-point monetary models, and suppositions.
Keep reading our blog for more such insights into ASX stocks.
Brightstar resources (BTR) share price history
Brightstar resources has been able to put out some price changes in the past few years thus it is important to keep an eye on the past market trends of the trade share.
| Date | Open (AUD) | High (AUD) |
| Aug 2024 | 0.0190 | 0.0190 |
| Jan 2024 | 0.0170 | 0.0170 |
| Jan 2023 | 0.0170 | 0.0280 |
| Jan 2022 | 0.0450 | 0.0760 |
| Jan 2021 | 0.0600 | 0.0790 |
| Jan 2020 | 0.0010 | 0.0020 |
| Jan 2019 | 0.0020 | 0.0020 |
| Jan 2018 | 0.0050 | 0.0050 |
| Jan 2017 | 0.0060 | 0.0070 |
| Jan 2016 | 0.0040 | 0.0040 |
| Jan 2015 | 0.0020 | 0.0030 |
| Jan 2014 | 0.0040 | 0.0050 |
Brightstar resources (BTR) share price forecast 2025-2050
Brightstar Resources (BTR) share price forecast for the upcoming future.
| Year | open (AUD) | high (AUD) |
| 2025 | 0.0210 | 0.0220 |
| 2026 | 0.0210 | 0.0220 |
| 2027 | 0.0230 | 0.0250 |
| 2028 | 0.0250 | 0.0270 |
| 2029 | 0.0250 | 0.0280 |
| 2030 | 0.0260 | 0.0270 |
| 2035 | 0.0270 | 0.0300 |
| 2040 | 0.0300 | 0.0350 |
| 2045 | 0.0370 | 0.0400 |
| 2050 | 0.0420 | 0.0430 |
Brightstar Resources (BTR) share price forecast for 2025
The Brightstar Resources (BTR) share price forecast for the year 2025 can vary between lowest side of 0.0190 AUD and higher side of 0.0220 AUD with an expected average value of 0.0200 AUD.
| Date | Open (AUD) | High (AUD) |
| January | 0.0190 | 0.0198 |
| February | 0.0210 | 0.0220 |
| March | 0.0210 | 0.0215 |
| April | 0.0210 | 0.0200 |
| May | 0.0200 | 0.0208 |
| June | 0.0180 | 0.0220 |
| July | 0.0190 | 0.0198 |
| August | 0.0200 | 0.0210 |
| September | 0.0200 | 0.0200 |
| October | 0.0210 | 0.0200 |
| November | 0.0210 | 0.0207 |
| December | 0.0194 | 0.0220 |
Brightstar Resources (BTR) share price Forecast 2030
The Brightstar Resources (BTR) share price forecast for the year 2030 can vary between lowest side of 0.0260 AUD and higher side of 0.0270 AUD with an expected average value of 0.0265 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2030 | 0.0260 | 0.0270 |
Brightstar Resources (BTR) share price forecast 2040
The Brightstar Resources (BTR) share price forecast for the year 2040 can vary between lowest side of 0.0300 AUD and higher side of 0.0350 AUD with an expected average value of 0.0320 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2040 | 0.0300 | 0.0350 |
Brightstar Resources (BTR) share price forecast 2050
The Brightstar Resources (BTR) share price forecast for the year 2050 can vary between lowest side of 0.0420 AUD and higher side of 0.0430 AUD with an expected average value of 0.0425 AUD.
| Year | Open (AUD) | High (AUD) |
| FY2050 | 0.0420 | 0.0430 |
Brightstar Resources (BTR) share price forecast : Balance Sheet
| Total Cash (meq) | 4.82M |
| Total Cash Per Share (mrq) | 0 |
| Total Debt (mrq) | 297.08k |
| Total Debt/Equity (mrq) | 0.74% |
| Current Ratio (mrq) | 1.97 |
| Book Value Per Share (mrq) | 0.02 |
Brightstar Resources (BTR) share price forecast: Cash Flow Statement
The cash flow statement of the brightstar resources can help to analyze the brightstar resources (BTR) share price forecast
| Operating Cash Flow (ttm) | -491.81k |
| Levered Free Cash Flow (ttm) | -3.14M |
Brightstar Resources (BTR) share price forecast : Stock Price History
The brightstar resources have shown a significant increase in the stock price rate from the past 5 years to now.
| Beta (5Y Monthly) | 2.63 |
| 52 Week Range 3 | 58.33% |
| S&P 500 52-Week Change 3 | 27.10% |
| 52 Week High 3 | 0.0220 |
| 52 Week Low 3 | 0.0100 |
| 50-Day Moving Average 3 | 0.0165 |
| 200-Day Moving Average 3 | 0.0155 |
Brightstar Resources (BTR) share price forecast : Valuation Measures
A valuation measures on the basis of comparison from PEG ratio to price upside analyst target.
| Metrics to compare | Peers | Sector |
| P/E Ratio | −6.0x | 0.1x |
| PEG Ratio | −0.02 | 0.00 |
| Price/Book | 0.8x | 1.6x |
| Price / LTM Sales | 49.9x | 1.2x |
| Upside (Analyst Target) | 830.9% | 37.2% |
Brightstar Resources (BTR) share price forecast : Technical Analysis
Situation in the Market and Opinion of Investors:
An increase in the demand for gold as a safe-haven asset during economic downturns or crises may boost BTR’s share price. Conversely, gold prices may suffer as a result of a shift toward riskier resources during economic booms. Stock Market Trends: BTR’s share price will be influenced by broad stock market trends, such as investor sentiment toward resource companies and the mining sector. Investors may be attracted to resource stocks and gold by market sentiment.
Mechanical Developments:
Mining Innovation: Developments in mining innovation that diminish costs or further develop gold recuperation rates can emphatically affect BTR’s benefit and offer cost.
Elective Materials: The improvement of options in contrast to gold in different applications (e.g., gadgets) could diminish request and adversely influence BTR’s future standpoint.
Monetary Execution and The executives:
Profitability: Share price growth will be supported by consistent profitability, which is driven by efficient operations and high gold prices.
Policies that return capital to shareholders through dividends and share buybacks can entice investors who are focused on income, which in turn helps support the price of the shares.
Dividends and share buybacks Initiatives for Sustainability: As investors place a greater emphasis on environmental, social, and governance (ESG) factors, BTR may be required to implement environmentally friendly and sustainable practices. ESG-focused organizations may see an increase in financial backer interest and a decrease in their share cost.
Conclusion
The worth of gold keeps on rising. The yellow metal arrived at a cost of $2,400 per ounce without precedent for April 2024. This is due to a variety of factors.
The world is on the precipice of a severe recession, and certain business sectors are experiencing an increase in the demand for safe havens.
Interest for gold keeps on increasing despite increasing financing costs, bank disappointment, and falling security yields.
Gold is a great way to diversify one’s portfolio at the same time and a compelling hedge against ongoing inflation if the right company is chosen to invest in.
Brightstar resources (ASX:BTR) plans to be that organization. Brightstar, a new mining and development company, has a strategic land position on approximately 80 square kilometers of the Menzies Shear Zone and 300 square kilometers of the Laverton Tectonic Belt.
Forecasting the exact share price of Brightstar Resources (BTR) over a 30-year period is highly speculative. Ware costs, functional viability, international security, economic situations, and different variables will all assume a part in deciding the offer cost.
Investors ought to keep a close eye on these variables and take into account both general economic trends and developments that are specific to the company when evaluating the potential performance of BTR’s stock in the future. It will be absolutely necessary to receive regular updates, financial reports, and market analyses in order to be able to make informed decisions regarding investments in BTR.
Brightstar Resources Price Prediction: FAQs
- What is the latest brightstar resources stock price?
Starting around 23/08/2024 06:27 UTC, shares in Brightstar resources are exchanging at AU$0.02. There is a 15-minute delay in this share price information.
- What is the brightstar resources stock price till now?
Shares in Brightstar resources last shut at AU$0.02 and the cost had moved by +41.67% throughout the course of recent days. Over the past year, the Brightstar Resources share price has outperformed the ASX All Ordinaries Index by +26.62 percent in terms of relative price strength.
- How do brightstar resources share impact your portfolio?
Brightstar Resources is currently categorized as Neutral based on an overall assessment of its quality, value, and momentum. A composite score that takes into account a wide range of fundamental and technical metrics is the foundation of the classification. Stocks are grouped on the accompanying range: Super Stocks, High Flyers, Antagonists, Turnarounds, Nonpartisan, Worth Snares, Energy Traps, Falling Stars, and Sucker Stocks.
- What is the possible trend for Brightstar Resources share price?
The track record of momentum of a stock is an important indicator of whether or not its price will rise. When it comes to a share like Brightstar Resources, it’s worth looking at price trends because they tend to last. Throughout recent months, its portion cost has beaten the ASX All Ordinaries File by +30.33%. Starting around the last shutting cost of AU$0.02, shares in Brightstar resources were exchanging +12.49% higher than their multi day moving normal.
Disclaimer
This article only contains information for educational and informational purposes. It should not be interpreted as investment or financial advice. There are risks associated with investing in the stock market, and the value of investments can fluctuate. Before making any investment decisions, readers should conduct their own research or speak with a financial advisor. Any losses or damages incurred as a result of using the information provided are beyond the control of the article’s author and publisher. Performance in the past does not guarantee success in the future.
Hello, I’m Bianca Paterson, a seasoned financial professional based in Sydney, Australia. With over 25 years of experience at ASX and an extensive background in share price predictions and market factors, I’ve cultivated a deep understanding of the dynamics that drive the financial markets.
I embarked on my journey with the ASX Graduate Program and have since dedicated my career to navigating the complexities of the share market. My insights are shaped by decades of hands-on experience, making me well-versed in the subtleties of market trends and investment strategies.
Through my blog, I aim to share my knowledge and offer valuable perspectives to fellow investors and market enthusiasts. Whether you’re a seasoned trader or just starting out, I hope my analysis and commentary will help you make informed decisions and better understand the ever-evolving landscape of the Australian stock market.