Black Canyon (ASX:BCA) - Stock Price, News & Analysis

BCA Stock Overview

Focuses on mineral exploration activities in Australia. More details

BCA fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 41.5% per year over past 5 years

Makes less than USD$1m in revenue (A$513K)

Does not have a meaningful market cap (A$5M)

Volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

Black Canyon Limited Competitors

Thomson Resources

ASX:TMZ

AU$4.3m

Surefire Resources

ASX:SRN

AU$7.0m

Canterbury Resources

ASX:CBY

AU$4.1m

Dalaroo Metals

ASX:DAL

AU$5.7m

Price History & Performance

Summary of all time highs, changes and price drops for Black Canyon
Historical stock prices
Current Share Price	AU$0.057
52 Week High	AU$0.17
52 Week Low	AU$0.051
Beta	0.13
11 Month Change	-13.64%
3 Month Change	-18.57%
1 Year Change	-59.29%
33 Year Change	-77.20%
5 Year Change	n/a
Change since IPO	-81.00%

Recent updates

Shareholder Returns

	BCA	AU Metals and Mining	AU Market
7D	-5.0%	0.1%	1.2%
1Y	-59.3%	-9.9%	19.7%

Return vs Industry: BCA underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: BCA underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is BCA's price volatile compared to industry and market?
BCA volatility
BCA Average Weekly Movement	14.5%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: BCA's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: BCA's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2011	n/a	n/a	blackcanyon.com.au

Black Canyon Limited, together with its subsidiaries, focuses on mineral exploration activities in Australia. The company explores for manganese, copper, and cobalt targets. It holds interest in the Oakover West project covering an area of 750 square kilo meters and the Oakover East project located in Western Australia.

Black Canyon Limited Fundamentals Summary

How do Black Canyon's earnings and revenue compare to its market cap?
BCA fundamental statistics
Market cap	AU$4.98m
Earnings (TTM)	-AU$1.99m
Revenue (TTM)	AU$513.24k

9.7x

P/S Ratio

-2.5x

P/E Ratio

Is BCA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BCA income statement (TTM)
Revenue	AU$513.24k
Cost of Revenue	AU$0
Gross Profit	AU$513.24k
Other Expenses	AU$2.51m
Earnings	-AU$1.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.023
Gross Margin	100.00%
Net Profit Margin	-388.44%
Debt/Equity Ratio	0%

How did BCA perform over the long term?

See historical performance and comparison

BCA Stock Overview

Risk Analysis

Black Canyon Limited Competitors

ASX:TMZ

AU$4.3m

ASX:SRN

AU$7.0m

ASX:CBY

AU$4.1m

ASX:DAL

AU$5.7m

Price History & Performance

Recent News & Updates

Black Canyon Limited has completed a Follow-on Equity Offering in the amount of AUD 0.03 million.

Black Canyon Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

First half 2024 earnings released: AU$0.006 loss per share (vs AU$0.02 loss in 1H 2023)

No independent directors

New major risk - Share price stability

Recent updates

Black Canyon Limited has completed a Follow-on Equity Offering in the amount of AUD 0.03 million.

Black Canyon Limited, Annual General Meeting, Nov 28, 2024

New minor risk - Financial data availability

First half 2024 earnings released: AU$0.006 loss per share (vs AU$0.02 loss in 1H 2023)

No independent directors

New major risk - Share price stability

Black Canyon Limited, Annual General Meeting, Nov 27, 2023

Full year 2023 earnings released: AU$0.039 loss per share (vs AU$0.029 loss in FY 2022)

New minor risk - Shareholder dilution

New major risk - Share price stability

Black Canyon Limited (ASX:BCA) completed the acquisition of E46/1383 from Access Australia Mining Pty Ltd.

First half 2023 earnings released: AU$0.02 loss per share (vs AU$0.01 loss in 1H 2022)

Black Canyon Limited Announces Initial Manganese Sulphate Crystallisation Test-Work

Black Canyon Limited Announces Mining Lease Application Submitted for Flanagan Bore

No independent directors

Black Canyon Limited Announces the Results from the Recent Reverse Circulation Drill Program at the Flanagan Bore Manganese Project

Black Canyon Limited, Annual General Meeting, Nov 24, 2022

Black Canyon Announces Successful Manganese Extraction from Initial Leaching Tests

Full year 2022 earnings released: AU$0.029 loss per share (vs AU$0.062 loss in FY 2021)

Black Canyon Limited to Report Q2, 2022 Results on Nov 14, 2022

Black Canyon Limited Announces Thick Intervals of Manganese Enriched Shale Intersected At the Fb3 Deposit Flanagan Bore

Black Canyon Limited Announces the Results of Recent RC Drilling at the LR1 Deposit

Black Canyon Limited Completes Flanagan Bore Mineral Resource Infill and Extension Drilling

Black Canyon Limited Announces Initial Metallurgical Test Work of Flanagan Bore Manganese Project

Black Canyon Limited Announces That Flanagan Bore Infill and Extension Drilling Commenced

Black Canyon Limited Announces That Flanagan Bore Infill and Extension Drilling Commences

Black Canyon Limited, Annual General Meeting, Jun 17, 2022

No independent directors

Black Canyon Limited Announces Significant Increase in the Mineral Resource Tonnage and Contained Manganese at its Flanagan Bore Project in the Eastern Pilbara Region of Western Australia

Black Canyon Limited (ASX:BCA) completed the acquisition of Panther Exploration Pty Ltd.

Black Canyon Limited Announces Manganese Discovery at FB3 - Flanagan Bore Project

Black Canyon Limited Provides Further Thick Manganese Intersections At Flanagan Bore

Black Canyon Limited Provides Drilling Update

Black Canyon Limited Announces Drilling Completed at Flanagan Bore Manganese Project

Black Canyon Limited (ASX:BCA) entered into a binding Share Sale Term Sheet to acquire Panther Exploration Pty Ltd AUD 0.81 million

Black Canyon Limited Commences Drilling at Flanagan Bore Manganese Project

Black Canyon Manganese Confirmed At Braeside and Oakover West

Black Canyon Limited Confirms High-Grade Hydrothermal Manganese at Oakover East

Black Canyon Advises Second Field Assessment of Its Flanagan Bore Manganese Project in the Pilbara Extends the Known Strike Length of the Mineralisation Along the FB5 and FB6 Prospects to 5Km

Black Canyon Limited Announces Widespread Manganese Confirmed at Flanagan Bore Prospect

Black Canyon Limited Announces Exploration to Commence At Pilbara Manganese Projects

Black Canyon Limited (ASX:BCA) entered into binding heads of agreement to acquire Lofty Range Project from Letitia Burbury, Marney Jane Woods and Simone Elizabeth Archer.

Shareholder Returns

Price Volatility

About the Company

Black Canyon Limited Fundamentals Summary

9.7x

-2.5x

Earnings & Revenue