Latest news with #BartonGoldHoldings
Yahoo
08-05-2025
- Business
- Yahoo
ASX Penny Stocks Spotlight: Barton Gold Holdings And Two More To Watch
The Australian market has been a mix of ups and downs, with the ASX200 reflecting current economic shifts and investor sentiments. Penny stocks, though an older term, remain relevant as they often represent smaller or newer companies that can offer unique growth opportunities. By focusing on those with strong financials, investors may uncover potential gems among these lesser-known stocks. Name Share Price Market Cap Financial Health Rating CTI Logistics (ASX:CLX) A$1.72 A$138.54M ★★★★☆☆ Accent Group (ASX:AX1) A$1.91 A$1.08B ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$1.54 A$72.65M ★★★★★★ IVE Group (ASX:IGL) A$2.69 A$414.75M ★★★★★☆ GTN (ASX:GTN) A$0.63 A$120.41M ★★★★★★ GR Engineering Services (ASX:GNG) A$2.70 A$451.85M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.34 A$158.48M ★★★★★★ Regal Partners (ASX:RPL) A$2.11 A$709.31M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.54 A$754.72M ★★★★★☆ NRW Holdings (ASX:NWH) A$2.81 A$1.29B ★★★★★☆ Click here to see the full list of 991 stocks from our ASX Penny Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Barton Gold Holdings Limited focuses on the exploration and development of mineral projects in South Australia, with a market capitalization of A$123.69 million. Operations: Barton Gold Holdings Limited has not reported any revenue segments. Market Cap: A$123.69M Barton Gold Holdings, with a market capitalization of A$123.69 million, is pre-revenue and currently unprofitable. The company has recently reported high-grade assays from its Tarcoola Gold Project, indicating potential for significant mineralization. Despite having no debt and an experienced management team, Barton faces financial challenges as short-term assets do not cover long-term liabilities. However, it maintains a cash runway exceeding one year based on current free cash flow levels. Revenue is forecast to grow significantly by 90.22% annually, though profitability remains elusive in the near term according to analyst estimates. Unlock comprehensive insights into our analysis of Barton Gold Holdings stock in this financial health report. Understand Barton Gold Holdings' earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Djerriwarrh Investments Limited is a publicly owned investment manager with a market capitalization of A$802.31 million. Operations: The company generates revenue primarily from its portfolio of investments, amounting to A$50.84 million. Market Cap: A$802.31M Djerriwarrh Investments, with a market cap of A$802.31 million, demonstrates stable financial health and consistent growth. Its earnings surged by 57.3% over the past year, outpacing the capital markets industry average of 23.6%. The company maintains a solid balance sheet with more cash than debt and short-term assets exceeding both short- and long-term liabilities. Despite low return on equity at 5.4%, Djerriwarrh's interest payments are well-covered by EBIT, reflecting strong operational efficiency. However, its dividend yield of 5% is not fully supported by free cash flows, requiring attention to sustainability in future payouts. Click here and access our complete financial health analysis report to understand the dynamics of Djerriwarrh Investments. Explore historical data to track Djerriwarrh Investments' performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: SomnoMed Limited, with a market cap of A$102.65 million, produces and sells devices for the oral treatment of sleep-related disorders across the Asia Pacific region, North America, and Europe. Operations: The company generates revenue of A$100.25 million from its production and sale of products designed to treat sleep disordered breathing. Market Cap: A$102.65M SomnoMed Limited, with a market cap of A$102.65 million, is navigating the challenges common to penny stocks by focusing on revenue growth and maintaining financial stability. Despite being unprofitable with a negative return on equity of -12.64%, it has managed to reduce its debt-to-equity ratio significantly over the past five years and holds more cash than total debt. The company forecasts revenue growth of 9.7% annually, supported by strong short-term assets that cover both short- and long-term liabilities comfortably. Management's experience and stable weekly volatility further bolster investor confidence in its strategic direction amidst earnings challenges. Jump into the full analysis health report here for a deeper understanding of SomnoMed. Learn about SomnoMed's future growth trajectory here. Get an in-depth perspective on all 991 ASX Penny Stocks by using our screener here. Seeking Other Investments? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:BGD ASX:DJW and ASX:SOM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- Business
- Yahoo
ASX Penny Stocks Spotlight: Barton Gold Holdings And Two More To Watch
The Australian market has been a mix of ups and downs, with the ASX200 reflecting current economic shifts and investor sentiments. Penny stocks, though an older term, remain relevant as they often represent smaller or newer companies that can offer unique growth opportunities. By focusing on those with strong financials, investors may uncover potential gems among these lesser-known stocks. Name Share Price Market Cap Financial Health Rating CTI Logistics (ASX:CLX) A$1.72 A$138.54M ★★★★☆☆ Accent Group (ASX:AX1) A$1.91 A$1.08B ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$1.54 A$72.65M ★★★★★★ IVE Group (ASX:IGL) A$2.69 A$414.75M ★★★★★☆ GTN (ASX:GTN) A$0.63 A$120.41M ★★★★★★ GR Engineering Services (ASX:GNG) A$2.70 A$451.85M ★★★★★★ Bisalloy Steel Group (ASX:BIS) A$3.34 A$158.48M ★★★★★★ Regal Partners (ASX:RPL) A$2.11 A$709.31M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.54 A$754.72M ★★★★★☆ NRW Holdings (ASX:NWH) A$2.81 A$1.29B ★★★★★☆ Click here to see the full list of 991 stocks from our ASX Penny Stocks screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Barton Gold Holdings Limited focuses on the exploration and development of mineral projects in South Australia, with a market capitalization of A$123.69 million. Operations: Barton Gold Holdings Limited has not reported any revenue segments. Market Cap: A$123.69M Barton Gold Holdings, with a market capitalization of A$123.69 million, is pre-revenue and currently unprofitable. The company has recently reported high-grade assays from its Tarcoola Gold Project, indicating potential for significant mineralization. Despite having no debt and an experienced management team, Barton faces financial challenges as short-term assets do not cover long-term liabilities. However, it maintains a cash runway exceeding one year based on current free cash flow levels. Revenue is forecast to grow significantly by 90.22% annually, though profitability remains elusive in the near term according to analyst estimates. Unlock comprehensive insights into our analysis of Barton Gold Holdings stock in this financial health report. Understand Barton Gold Holdings' earnings outlook by examining our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Djerriwarrh Investments Limited is a publicly owned investment manager with a market capitalization of A$802.31 million. Operations: The company generates revenue primarily from its portfolio of investments, amounting to A$50.84 million. Market Cap: A$802.31M Djerriwarrh Investments, with a market cap of A$802.31 million, demonstrates stable financial health and consistent growth. Its earnings surged by 57.3% over the past year, outpacing the capital markets industry average of 23.6%. The company maintains a solid balance sheet with more cash than debt and short-term assets exceeding both short- and long-term liabilities. Despite low return on equity at 5.4%, Djerriwarrh's interest payments are well-covered by EBIT, reflecting strong operational efficiency. However, its dividend yield of 5% is not fully supported by free cash flows, requiring attention to sustainability in future payouts. Click here and access our complete financial health analysis report to understand the dynamics of Djerriwarrh Investments. Explore historical data to track Djerriwarrh Investments' performance over time in our past results report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: SomnoMed Limited, with a market cap of A$102.65 million, produces and sells devices for the oral treatment of sleep-related disorders across the Asia Pacific region, North America, and Europe. Operations: The company generates revenue of A$100.25 million from its production and sale of products designed to treat sleep disordered breathing. Market Cap: A$102.65M SomnoMed Limited, with a market cap of A$102.65 million, is navigating the challenges common to penny stocks by focusing on revenue growth and maintaining financial stability. Despite being unprofitable with a negative return on equity of -12.64%, it has managed to reduce its debt-to-equity ratio significantly over the past five years and holds more cash than total debt. The company forecasts revenue growth of 9.7% annually, supported by strong short-term assets that cover both short- and long-term liabilities comfortably. Management's experience and stable weekly volatility further bolster investor confidence in its strategic direction amidst earnings challenges. Jump into the full analysis health report here for a deeper understanding of SomnoMed. Learn about SomnoMed's future growth trajectory here. Get an in-depth perspective on all 991 ASX Penny Stocks by using our screener here. Seeking Other Investments? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:BGD ASX:DJW and ASX:SOM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
04-03-2025
- Business
- Yahoo
Will Barton Gold Holdings (ASX:BGD) Spend Its Cash Wisely?
Just because a business does not make any money, does not mean that the stock will go down. For example, although made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed. Given this risk, we thought we'd take a look at whether Barton Gold Holdings (ASX:BGD) shareholders should be worried about its cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. Let's start with an examination of the business' cash, relative to its cash burn. See our latest analysis for Barton Gold Holdings A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. In June 2024, Barton Gold Holdings had AU$4.3m in cash, and was debt-free. In the last year, its cash burn was AU$6.7m. That means it had a cash runway of around 8 months as of June 2024. To be frank, this kind of short runway puts us on edge, as it indicates the company must reduce its cash burn significantly, or else raise cash imminently. Depicted below, you can see how its cash holdings have changed over time. While Barton Gold Holdings did record statutory revenue of AU$32k over the last year, it didn't have any revenue from operations. To us, that makes it a pre-revenue company, so we'll look to its cash burn trajectory as an assessment of its cash burn situation. With the cash burn rate up 34% in the last year, it seems that the company is ratcheting up investment in the business over time. However, the company's true cash runway will therefore be shorter than suggested above, if spending continues to increase. Clearly, however, the crucial factor is whether the company will grow its business going forward. For that reason, it makes a lot of sense to take a look at our analyst forecasts for the company. Given its cash burn trajectory, Barton Gold Holdings shareholders should already be thinking about how easy it might be for it to raise further cash in the future. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. Many companies end up issuing new shares to fund future growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate). Barton Gold Holdings has a market capitalisation of AU$63m and burnt through AU$6.7m last year, which is 11% of the company's market value. Given that situation, it's fair to say the company wouldn't have much trouble raising more cash for growth, but shareholders would be somewhat diluted. Even though its cash runway makes us a little nervous, we are compelled to mention that we thought Barton Gold Holdings' cash burn relative to its market cap was relatively promising. Summing up, we think the Barton Gold Holdings' cash burn is a risk, based on the factors we mentioned in this article. On another note, Barton Gold Holdings has 5 warning signs (and 3 which are a bit concerning) we think you should know about. If you would prefer to check out another company with better fundamentals, then do not miss this free list of interesting companies, that have HIGH return on equity and low debt or this list of stocks which are all forecast to grow. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
