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Brightstar Resources Ltd
ASX:BTR

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Brightstar Resources Ltd
ASX:BTR
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Price: 0.405 AUD -3.57% Market Closed
Market Cap: AU$444.6m

P/B

1.5
Current
78%
Cheaper
vs 3-y average of 7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
AU$316.1m
/
Total Equity
AU$227.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
AU$316.1m
/
Total Equity
AU$227.5m

Valuation Scenarios

Brightstar Resources Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (7), the stock would be worth AU$1.87 (362% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+494%
Average Upside
261%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 AU$0.41
0%
3-Year Average 7 AU$1.87
+362%
5-Year Average 9 AU$2.4
+494%
Industry Average 3.2 AU$0.86
+112%
Country Average 2.7 AU$0.71
+76%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Brightstar Resources Ltd
ASX:BTR
444.6m AUD 1.5 -5.6
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 4.7 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 3.3 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 4.9 14.8
US
Newmont Corporation
NYSE:NEM
131.4B USD 3.9 18.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 4 22.4
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 2.6 13.8
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 2.6 13.8
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 7.2 42.5
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 6.5 34.2

Market Distribution

Lower than 72% of companies in Australia
Percentile
28th
Based on 2 062 companies
28th percentile
1.5
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Brightstar Resources Ltd
Glance View

Market Cap
444.6m AUD
Industry
Metals & Mining

Brightstar Resources Ltd. engages in mineral exploration and resource development. The company is headquartered in Perth, Western Australia. The company went IPO on 2003-12-05. The firm is based in a gold province located in the Laverton region of Western Australia. The firm resources has three major development projects are Cork Tree Well, Beta and Alpha. Each project contains a Mineral Resource within approximately 60 kilometers (kms) of Brightstar’s flagship 485ktpa+ processing plant, which is located adjacent to the Beta Project. The Cork Tree Well Project is located approximately 35 kms north of Laverton on the Bandya Station Road and is serviceable via an unsealed track three kms west of the Bandya Road. The Beta Project is located approximately 30 kms south from Laverton. The Alpha Project is located approximately 35 kms West of Laverton, and 15 kms from the Brightstar Plant. The firm possesses a number of mining leases adjacent to Magnetic Resources Ltd’s potential Hawks Nest and Lady Julie deposits east of Laverton.

BTR Intrinsic Value
Not Available
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