Corporate News Report – Bubalus Resources Ltd. (BUS.AX)
Current trading session:
Trading session concluded at 09:53 AM Central Europe on Friday, 23 March 2026.
Bubalus shares closed 1.22 % higher than the previous close.
Price and volume:
Current price: AUD 0.08 per share.
Shares traded in the last 24 hours: AUD 9,900.
Average trading volume over the last 24 hours: 9,900 AUD ÷ AUD 0.08 ≈ 123 shares.
Supply and market capitalisation:
Outstanding shares: 69.9 million.
Current market capitalisation: AUD 5.8 million.
Performance metrics:
Year‑to‑date (since end of February 2026): 18.57 % gain.
200‑day simple moving average: AUD 0.09.
52‑week high: AUD 0.17 on 11 April 2025.
52‑week low: AUD 0.06 on 30 July 2026.
Recent related‑stock activity (last 24 hours):
| Stock | Ticker | % Change | Current Price | Market Cap (AUD m) |
|---|---|---|---|---|
| Kalgoorlie Gold Mining | KAL.AX | –6.25 % | 0.02 | 6.8 |
| Hiremii | HMI.AX | 0.00 % | 0.03 | 6.8 |
| Krakatoa | KTA.AX | 0.00 % | 0.00 | 6.8 |
| Golden Deeps | GED.AX | –11.36 % | 0.04 | 6.8 |
| Buxton | BUX.AX | +4.55 % | 0.02 | 6.9 |
- Buxton (BUX.AX) additional details:
- Current price/earnings ratio: 8.7.
- First Growth Funds Limited, listed issuer, reported a turnaround for the year ended 30 June 2026.
- Shifted from a loss to a modest profit, largely due to fair‑value gains on its investment portfolio.
- Cash balances increased after a private placement of units (shares and warrants); proceeds remain classified as a liability until shares are allotted.
- Balance sheet shows a healthy equity position with current assets exceeding short‑term obligations.
- Significant portion of cash is tied up in share‑application funds.
- Management highlighted the need for additional capital to support future investments and maintain liquidity.
- Company maintains a policy of forgone director fees and plans to reassess remuneration once sufficient reserves are available.
Company Profile – Bubalus Resources Ltd.
- Business focus: Exploration and mining services, specializing in manganese, rare earths, and critical minerals projects.
- Headquarters: Perth, Australia.
- Client base: Global, serving industries requiring essential materials.
- Website: www.bubalusresources.com.au
- Listing: ASX All Markets.