ASX:BBX

Stock Analysis Report

Executive Summary

BBX Minerals Limited engages in the mining, exploration, and development of mineral properties in Australia and Brazil.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has BBX Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BBX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-10.0%

BBX

1.2%

AU Metals and Mining

7.1%

AU Market


1 Year Return

-74.6%

BBX

-22.0%

AU Metals and Mining

-19.4%

AU Market

Return vs Industry: BBX underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.

Return vs Market: BBX underperformed the Australian Market which returned -18.8% over the past year.


Shareholder returns

BBXIndustryMarket
7 Day-10.0%1.2%7.1%
30 Day-47.1%-14.6%-21.3%
90 Day-35.7%-24.0%-24.8%
1 Year-74.6%-74.6%-17.6%-22.0%-15.8%-19.4%
3 Year38.5%38.5%26.8%9.3%-2.4%-15.8%
5 Year900.0%900.0%56.5%19.0%8.4%-16.0%

Price Volatility Vs. Market

How volatile is BBX Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BBX (A$0.09) is trading below our estimate of fair value (A$7.37)

Significantly Below Fair Value: BBX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BBX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: BBX 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 BBX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BBX is overvalued based on its PB Ratio (14.3x) compared to the AU Metals and Mining industry average (1x).


Next Steps

Future Growth

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

-0.5%

Forecasted Materials 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 BBX 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.


Next Steps

Past Performance

How has BBX Minerals performed over the past 5 years?

-20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BBX is currently unprofitable.

Growing Profit Margin: BBX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BBX is unprofitable, and losses have increased over the past 5 years at a rate of -20.1% per year.

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

Earnings vs Industry: BBX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).


Return on Equity

High ROE: BBX has a negative Return on Equity (-83.19%), as it is currently unprofitable.


Next Steps

Financial Health

How is BBX Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BBX's short term assets (A$693.3K) do not cover its short term liabilities (A$1.2M).

Long Term Liabilities: BBX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BBX's debt to equity ratio (19.2%) is considered satisfactory.

Reducing Debt: BBX's debt to equity ratio has increased from 9.4% to 19.2% over the past 5 years.


Balance Sheet

Inventory Level: BBX has a high level of physical assets or inventory.

Debt Coverage by Assets: BBX's debt is covered by short term assets (assets are 1.4x debt).


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: BBX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BBX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if BBX'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 BBX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

5.4yrs

Average board tenure


CEO

André Douchane (68yo)

0.42

Tenure

Mr. André Jean Douchane, B.Sc. has been the Chief Executive Officer and Executive Officer at BBX Minerals Limited since October 21, 2019. Mr. Douchane is a seasoned mining executive with extensive experien ...


Board Members

NamePositionTenureCompensationOwnership
Jeffrey McKenzie
Executive Director3.42yrsAU$179.35k2.54% A$946.6k
André Douchane
CEO & Executive Director0.42yrno data0.48% A$180.0k
Michael Schmulian
Non-Executive Chairman7.42yrsAU$48.00k2.97% A$1.1m
William Dix
Non-Executive Director7.42yrsAU$48.00k1.31% A$486.1k

5.4yrs

Average Tenure

Experienced Board: BBX's board of directors are considered experienced (5.4 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BBX Minerals Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BBX Minerals Limited
  • Ticker: BBX
  • Exchange: ASX
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$37.205m
  • Shares outstanding: 413.39m
  • Website: https://www.bbxminerals.com.au

Location

  • BBX Minerals Limited
  • 50 Angove Street
  • Level 1
  • North Perth
  • Western Australia
  • 6006
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2005
BBXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 2005
FZ7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2005

Biography

BBX Minerals Limited engages in the mining, exploration, and development of mineral properties in Australia and Brazil. The company explores for gold, copper, silver, and tin deposits. Its projects include the Juma East, Pombos, EMA, and Tres Estados projects. The company was formerly known as BBX Holdings Limited and changed its name to BBX Minerals Limited in December 2011. BBX Minerals Limited is based in North Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 10:34
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.