BCA

Black CanyonASX:BCA Stock Report

Market Cap

AU$11.0m

7D

0%

1Y

n/a

Updated

25 Oct, 2021

Data

Company Financials
BCA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

BCA Overview

Black Canyon Limited, together with its subsidiaries, focuses on acquiring, exploring, and developing mineral deposits in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Black Canyon
Historical stock prices
Current Share PriceAU$0.27
52 Week HighAU$0.18
52 Week LowAU$0.36
Beta0
1 Month Change-6.90%
3 Month Change20.00%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.00%

Recent News & Updates

Shareholder Returns

BCAAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Yn/a15.6%24.4%

Return vs Industry: Insufficient data to determine how BCA performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how BCA performed against the Australian Market.

Price Volatility

Is BCA's price volatile compared to industry and market?
BCA volatility
BCA Beta0
Industry Beta0.97
Market Beta1

Stable Share Price: BCA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: Insufficient data to determine BCA's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/an/ahttps://blackcanyon.com.au

Black Canyon Limited, together with its subsidiaries, focuses on acquiring, exploring, and developing mineral deposits in Australia. It has an option to acquire 75% interests in the Carawine project consisting of 8 granted exploration licenses covering an area of approximately 793 square kilometers in the East Pilbara region of Western Australia; and the Lofty Range project located in the East Pilbara region of Western Australia. Black Canyon Limited was incorporated in 2011 and is headquartered in Subiaco, Australia.

Black Canyon Fundamentals Summary

How do Black Canyon's earnings and revenue compare to its market cap?
BCA fundamental statistics
Market CapAU$11.00m
Earnings (TTM)-AU$841.90k
Revenue (TTM)AU$6.79k

1.7kx

P/S Ratio

-13.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BCA income statement (TTM)
RevenueAU$6.79k
Cost of RevenueAU$0
Gross ProfitAU$6.79k
ExpensesAU$848.69k
Earnings-AU$841.90k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.021
Gross Margin100.00%
Net Profit Margin-12,391.79%
Debt/Equity Ratio0.0%

How did BCA perform over the long term?

See historical performance and comparison

Valuation

Is Black Canyon undervalued compared to its fair value and its price relative to the market?

2.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BCA is good value based on its PB Ratio (2.2x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Black Canyon 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 Black Canyon 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 Black Canyon performed over the past 5 years?

-1,130.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BCA is currently unprofitable.

Growing Profit Margin: BCA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BCA's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: BCA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: BCA has a negative Return on Equity (-16.8%), as it is currently unprofitable.


Financial Health

How is Black Canyon's financial position?


Financial Position Analysis

Short Term Liabilities: BCA's short term assets (A$4.8M) exceed its short term liabilities (A$342.1K).

Long Term Liabilities: BCA has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BCA is debt free.

Reducing Debt: BCA has not had any debt for past 5 years.


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: BCA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BCA has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 88.1% each year


Dividend

What is Black Canyon current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BCA'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 BCA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BCA'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 BCA'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?

8.3yrs

Average board tenure


CEO

Black Canyon has no CEO, or we have no data on them.


Board Members

Experienced Board: BCA's board of directors are considered experienced (8.3 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.


Ownership Breakdown

Dilution of Shares: BCA only recently listed within the past 12 months.


Top Shareholders

Company Information

Black Canyon Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Black Canyon Limited
  • Ticker: BCA
  • Exchange: ASX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$10.998m
  • Shares outstanding: 40.73m
  • Website: https://blackcanyon.com.au

Location

  • Black Canyon Limited
  • 283 Rokeby Road
  • Subiaco
  • Western Australia
  • 3205
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:59
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
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.