Latest news with #BrightstarResourcesLimited
Business Insider
30-05-2025
- Business
- Business Insider
Brightstar Resources Limited (BTR) Receives a Buy from Petra Capital
In a report released yesterday, Andrew Richards CFA from Petra Capital maintained a Buy rating on Brightstar Resources Limited (BTR – Research Report), with a price target of A$1.20. The company's shares opened today at A$0.58. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Richards CFA is a 4-star analyst with an average return of 18.3% and a 71.43% success rate. Richards CFA covers the Basic Materials sector, focusing on stocks such as Medallion Metals Ltd, Aurum Resources Limited, and Silver Mines Limited. Currently, the analyst consensus on Brightstar Resources Limited is a Strong Buy with an average price target of A$1.34, representing a 131.03% upside. In a report released on May 23, Taylor Collison also maintained a Buy rating on the stock with a A$1.38 price target.
Yahoo
24-04-2025
- Business
- Yahoo
Ashley Fraser Bought 140% More Shares In Brightstar Resources
Those following along with Brightstar Resources Limited (ASX:BTR) will no doubt be intrigued by the recent purchase of shares by Ashley Fraser, Non-Executive Director of the company, who spent a stonking AU$4.2m on stock at an average price of AU$0.53. That increased their holding by a full 140%, which arguably implies the sort of confidence required for a shy sweet-natured nerd to ask the most popular kid in the school to go out on a date. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Over the last year, we can see that the biggest insider purchase was by insider Jack Yetiv for AU$4.4m worth of shares, at about AU$0.015 per share. We do like to see buying, but this purchase was made at well below the current price of AU$0.51. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. While Brightstar Resources insiders bought shares during the last year, they didn't sell. The average buy price was around AU$0.024. To my mind it is good that insiders have invested their own money in the company. But we must note that the investments were made at well below today's share price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for Brightstar Resources Brightstar Resources is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that Brightstar Resources insiders own 12% of the company, worth about AU$27m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. However, we note that the company didn't make a profit over the last twelve months, which makes us cautious. Insiders likely see value in Brightstar Resources shares, given these transactions (along with notable insider ownership of the company). So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. At Simply Wall St, we've found that Brightstar Resources has 3 warning signs (2 can't be ignored!) that deserve your attention before going any further with your analysis. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. 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.
Yahoo
21-02-2025
- Business
- Yahoo
Brightstar Resources Insiders Added AU$5.56m Of Stock To Their Holdings
Multiple insiders secured a larger position in Brightstar Resources Limited (ASX:BTR) shares over the last 12 months. This is reassuring as this suggests that insiders have increased optimism about the company's prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. View our latest analysis for Brightstar Resources Over the last year, we can see that the biggest insider purchase was by insider Jack Yetiv for AU$4.4m worth of shares, at about AU$0.015 per share. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of AU$0.021. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price. While Brightstar Resources insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! Brightstar Resources is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Brightstar Resources insiders own 9.8% of the company, worth about AU$24m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. The fact that there have been no Brightstar Resources insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. Insiders own shares in Brightstar Resources and we see no evidence to suggest they are worried about the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 2 warning signs for Brightstar Resources and we suggest you have a look. But note: Brightstar Resources may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. 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
