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Blaze MineralsASX:BLZ Stock Report

Market Cap







22 Oct, 2021


Company Financials
BLZ fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance0/6
Financial Health6/6

BLZ Overview

Blaze Minerals Limited, together with its subsidiaries, explores for and develops mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Blaze Minerals
Historical stock prices
Current Share PriceAU$0.029
52 Week HighAU$0.021
52 Week LowAU$0.051
1 Month Change20.83%
3 Month Change-9.38%
1 Year Change-23.68%
3 Year Change-3.33%
5 Year Change-36.96%
Change since IPO-99.98%

Recent News & Updates

Shareholder Returns

BLZAU Oil and GasAU Market

Return vs Industry: BLZ underperformed the Australian Oil and Gas industry which returned 44% over the past year.

Return vs Market: BLZ underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is BLZ's price volatile compared to industry and market?
BLZ volatility
BLZ Beta2.33
Industry Beta1.29
Market Beta1

Stable Share Price: BLZ is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BLZ's weekly volatility (12%) has been stable over the past year.

About the Company


Blaze Minerals Limited, together with its subsidiaries, explores for and develops mineral properties. The company primarily explores for nickel and gold deposits. It holds portfolio of projects located in Western Australia.

Blaze Minerals Fundamentals Summary

How do Blaze Minerals's earnings and revenue compare to its market cap?
BLZ fundamental statistics
Market CapAU$9.66m
Earnings (TTM)-AU$2.43m
Revenue (TTM)AU$100.00


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLZ income statement (TTM)
Cost of RevenueAU$1.40m
Gross Profit-AU$1.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)-0.007
Gross Margin-1,402,400.00%
Net Profit Margin-2,428,354.00%
Debt/Equity Ratio0.0%

How did BLZ perform over the long term?

See historical performance and comparison


Is Blaze Minerals undervalued compared to its fair value and its price relative to the market?


Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLZ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLZ's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: BLZ is unprofitable, so we can't compare its PE Ratio to the Australian Oil and Gas industry average.

PE vs Market: BLZ is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLZ's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: BLZ is good value based on its PB Ratio (1.5x) compared to the AU Oil and Gas industry average (2.5x).

Future Growth

How is Blaze Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Blaze Minerals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Blaze Minerals performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BLZ is currently unprofitable.

Growing Profit Margin: BLZ is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: BLZ is unprofitable, but has reduced losses over the past 5 years at a rate of 4.4% per year.

Accelerating Growth: Unable to compare BLZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLZ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-50.5%).

Return on Equity

High ROE: BLZ has a negative Return on Equity (-36.77%), as it is currently unprofitable.

Financial Health

How is Blaze Minerals's financial position?

Financial Position Analysis

Short Term Liabilities: BLZ's short term assets (A$2.7M) exceed its short term liabilities (A$66.1K).

Long Term Liabilities: BLZ has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: BLZ is debt free.

Reducing Debt: BLZ had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BLZ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BLZ has sufficient cash runway for 2.9 years if free cash flow continues to grow at historical rates of 1.1% each year.


What is Blaze Minerals's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BLZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BLZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BLZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLZ's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLZ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Blaze Minerals has no CEO, or we have no data on them.

Board Members

Experienced Board: BLZ's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: BLZ insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.4%.

Top Shareholders

Company Information

Blaze Minerals Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Blaze Minerals Limited
  • Ticker: BLZ
  • Exchange: ASX
  • Founded: 1996
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$9.660m
  • Shares outstanding: 345.00m
  • Website:


  • Blaze Minerals Limited
  • 330 Churchill Avenue
  • Suite 9
  • Subiaco
  • Western Australia
  • 6008
  • Australia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:02
End of Day Share Price2021/10/22 00:00
Annual Earnings2021/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.