Bathurst Resources Ltd traded at 0.68 this Tuesday February 3rd, decreasing 0.01 or 0.74 percent since the previous trading session. Looking back, over the last four weeks, Bathurst Resources lost 3.57 percent. Over the last 12 months, its price fell by 10.00 percent. Looking ahead, we forecast Bathurst Resources Ltd to be priced at 0.67 by the end of this quarter and at 0.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bathurst Resources Limited is a New Zealand-based specialist coal company. The Company is engaged in the exploration, development, and production of coal. The Company is a coal producer, providing energy for the agri-business sector, schools, and hospitals. The Company operates two mines on the South Island: Stockton (north of Westport), and Takitimu (north of Invercargill). The Company holds a 65% interest in Stockton (north of Westport). The Company operates Maramarua and Rotowaro in the Waikato region of the North Island. The Company’s Cascade and Escarpment mines are near Westport. Its Cascade mine is located on Denniston Plateau, approximately 25 kilometers (km) east of Westport. The Company operates through three segments: Export, Domestic, and Corporate. Its subsidiaries include BR Coal Pty Limited, Bathurst New Zealand Limited, Buller Coal Limited, Bathurst Coal Limited, and Bathurst Minerals Limited.