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← CockpitCompetitor Analysis › BTR.AX Brightstar Resources LimitedOpen in the cockpit ↗

Brightstar Resources LimitedBTR.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Precious Metals
Momentum leader 98
Mkt cap
$542M
US dollars, full cap
Free float
78%
of shares outstanding
$/day
$3.15M
20-day average traded
P/B
1.81×
price to book
ROE
-29.6%
delivered
Implied ROE
16.9%
what the price asks
Next earnings
131 days
17 Mar 2027
Close · AUDA$0.61
1D-0.8%
1W+7.0%
1M-6.8%
3M+44.7%
6M+68.5%
YTD+24.2%
1Y+36.7%
ATR %7.8%
52w lowhigh16.3% off high

What Brightstar Resources does

No business profile yet.

Brightstar Resources at a glance

Size Brightstar Resources (BTR.AX) is an Australia Materials company (Precious Metals) with a market value of $542M, the 251st largest of 316 Australia companies the cockpit tracks. Shares closed at A$0.61 on 6 Nov 2026.

Performance Over six months the shares gained 68.5%, against -13.5% for the median peer and +4.1% for the Australia market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 91.4% over the last twelve months (peer median +39.8%); the operating margin is -116.4% (peer median 27.2%).

Valuation It trades at 1.81× book value against a peer median of 2.77× (7th cheapest of 20).

Price implies The share price implies a return on equity of about 16.9%; Brightstar Resources delivers -29.6%, so the price asks more than the business earns today.

Credit Brightstar Resources has 1 bond outstanding ($120M).

Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).

Relative performance

10015020011 May 202611 Aug 20266 Nov 2026BTR.AX 165Peer median 86
Six months, rebased to 100: Brightstar Resources against the median of its 20 peers (local-currency closes).

Brightstar Resources financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$64.1MA$64.1MA$33.5MA$1.05MA$0
Revenue growth—+91%+3,079%——
Gross profit-A$61.2M-A$61.2M-A$26.7M-A$14.6M-A$309,467
EBITDA-A$42.0M-A$42.0M-A$34.1M-A$10.9M-A$2.47M
Net income-A$76.9M-A$76.9M-A$46.1M-A$16.3MA$1.94M
Free cash flow-A$87.7M-A$87.7M-A$54.8M-A$8.42M-A$857,140
Capital expenditureA$53.0MA$53.0MA$28.9MA$2.67MA$2.61M
Total debtn/aA$172MA$31.0MA$2.63MA$321,716

Quarterly statements and history in the cockpit →

Brightstar Resources competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%-10%0%GSKRIPXTCGFRSWIARXLBYNAPMGRZCTGOTAUGOROAAZAUCTLGAMIMTLHSTRSBMTHXBTR.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Brightstar Resources is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%50%2.50×50×7.50×GSKRIPXTCGFRSWIARXLBYNAPMGRZTAUAAZAUCTLGAMISBMTHXBTR.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Brightstar Resources is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%0%100%-100%0%100%GSKRIPXTCGFRSBYNAPMAAZAUCTLGAMIMTLTHXBTR.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Brightstar Resources is the large dot.

Brightstar Resources competitors and peer comparison

How Brightstar Resources compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Brightstar Resources against its 20 peers (data as of 6 Nov 2026)
MeasureBTR.AXPeer medianRank in peer set
1-month return-6.8%-8.3%8th highest of 21
6-month return+68.5%-13.5%highest of 21
Return on equity-29.6%-5.5%5th lowest of 19
Price / book1.81×2.77×7th cheapest of 20
ROE the price implies16.9%17.8%9th least demanding of 20
ROE delivered-29.6%-5.5%5th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Brightstar Resources BTR.AXAustralia$542M+68%+91%-30%1.81×16.9%-29.6%
Goldsky Resources GSKR.VCanada$543M-28%n/a-22%1.75×15.8%-21.8%
IperionX IPXUnited States$540M-66%n/a-74%5.42×64.6%-74.1%
Turaco Gold TCG.AXAustralia$540M+29%n/a-31%8.06×112.3%-31.4%
Forrestania Resources FRS.AXAustralia$547M-33%n/a-23%1.63×16.6%-23.2%
WIA Gold WIA.AXAustralia$533M-22%n/a-4%3.99×17.1%-3.9%
Rox Resources RXL.AXAustralia$532M+13%n/a-19%2.77×12.8%-19.0%
Banyan Gold BYN.VCanada$554M+18%n/a-5%5.50×64.9%-4.8%
Andean Precious Metals APM.TOCanada$555M-20%+63%49%1.84×21.4%49.2%
Gold Reserve GRZ.VCanada$560M-19%n/a-41%4.59×12.9%-41.5%
Contango Silver & Gold CTGOUnited States$520M-43%n/a-24%1.52×8.1%-23.7%
Thesis Gold & Silver TAU.VCanada$516M-31%n/a-5%2.24×24.4%-4.5%
Goldgroup Mining GORO.VCanada$500M-21%+215%n/an/an/an/a
Anglo Asian Mining AAZ.LUnited Kingdom$590M+30%+220%58%4.42×39.4%58.0%
Ausgold AUC.AXAustralia$495M+42%n/a-6%3.30×37.4%-6.2%
Troilus Mining TLG.TOCanada$611M-8%n/a-122%7.28×110.2%-121.9%
Aurelia Metals AMI.AXAustralia$477M+16%+40%20%1.48×15.7%20.2%
Metals Exploration MTL.LUnited Kingdom$617M+17%-17%14%2.12×17.8%13.5%
Heliostar Metals HSTR.TOCanada$475M+10%n/an/a4.21×38.5%n/a
St. Barbara SBM.AXAustralia$629M+5%-76%-4%0.96×14.2%-4.3%
Thor Explorations THX.VCanada$466M-26%+29%55%1.00×12.0%54.9%

Brightstar Resources bonds and credit

Brightstar Resources has 1 bond outstanding with $120M face value.

Every bond, yield and spread in the cockpit →

Questions

Which companies are Brightstar Resources's closest peers?
The cockpit's peer set: Goldsky Resources (GSKR.V), IperionX (IPX), Turaco Gold (TCG.AX), Forrestania Resources (FRS.AX), WIA Gold (WIA.AX), Rox Resources (RXL.AX), Banyan Gold (BYN.V), Andean Precious Metals (APM.TO).
Is Brightstar Resources expensive compared with its peers?
On price / book it trades at 1.81× against a peer median of 2.77×, 7th cheapest of 20 in its peer set. The share price implies a return on equity of about 16.9%; Brightstar Resources delivers -29.6%, so the price asks more than the business earns today.
How has Brightstar Resources stock performed?
Over six months to 6 Nov 2026 the shares returned +68.5% against -13.5% for the median peer; over one year +36.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.