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BCN

Beacon MineralsASX:BCN Stock Report

Market Cap

AU$118.5m

7D

0%

1Y

-8.3%

Updated

26 Oct, 2021

Data

Company Financials
BCN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

BCN Overview

Beacon Minerals Limited, together with its subsidiaries, engages in the mineral exploration, development, and production activities in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Beacon Minerals
Historical stock prices
Current Share PriceAU$0.033
52 Week HighAU$0.03
52 Week LowAU$0.042
Beta1.44
1 Month Change6.45%
3 Month Change-2.94%
1 Year Change-8.33%
3 Year Change73.69%
5 Year Change1,000.37%
Change since IPO-84.48%

Recent News & Updates

Shareholder Returns

BCNAU Metals and MiningAU Market
7D0%-0.4%0.8%
1Y-8.3%15.6%24.4%

Return vs Industry: BCN underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: BCN underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is BCN's price volatile compared to industry and market?
BCN volatility
BCN Beta1.44
Industry Beta0.97
Market Beta1

Stable Share Price: BCN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BCN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aGraham McGarryhttps://www.beaconminerals.com.au

Beacon Minerals Limited, together with its subsidiaries, engages in the mineral exploration, development, and production activities in Western Australia. It holds a 100% interest in the Jaurdi gold project located to the north west of Coolgardie. The company was incorporated in 2006 and is based in Boulder, Australia.

Beacon Minerals Fundamentals Summary

How do Beacon Minerals's earnings and revenue compare to its market cap?
BCN fundamental statistics
Market CapAU$118.51m
Earnings (TTM)AU$20.28m
Revenue (TTM)AU$73.73m

5.9x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BCN income statement (TTM)
RevenueAU$73.73m
Cost of RevenueAU$37.86m
Gross ProfitAU$35.87m
ExpensesAU$15.58m
EarningsAU$20.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0056
Gross Margin48.65%
Net Profit Margin27.51%
Debt/Equity Ratio0.0%

How did BCN perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

50%

Payout Ratio

Valuation

Is Beacon 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: BCN (A$0.03) is trading below our estimate of fair value (A$1.39)

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


Price To Earnings Ratio

PE vs Industry: BCN is good value based on its PE Ratio (5.9x) compared to the Australian Metals and Mining industry average (14.6x).

PE vs Market: BCN is good value based on its PE Ratio (5.9x) compared to the Australian market (20x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BCN is good value based on its PB Ratio (2.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Beacon 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 Beacon 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 Beacon Minerals performed over the past 5 years?

54.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCN has high quality earnings.

Growing Profit Margin: BCN's current net profit margins (27.5%) are lower than last year (44.5%).


Past Earnings Growth Analysis

Earnings Trend: BCN has become profitable over the past 5 years, growing earnings by 54% per year.

Accelerating Growth: BCN's earnings growth over the past year (6.6%) is below its 5-year average (54% per year).

Earnings vs Industry: BCN earnings growth over the past year (6.6%) underperformed the Metals and Mining industry 35.3%.


Return on Equity

High ROE: BCN's Return on Equity (39.4%) is considered high.


Financial Health

How is Beacon Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BCN's short term assets (A$38.0M) exceed its short term liabilities (A$8.5M).

Long Term Liabilities: BCN's short term assets (A$38.0M) exceed its long term liabilities (A$4.8M).


Debt to Equity History and Analysis

Debt Level: BCN is debt free.

Reducing Debt: BCN had no debt 5 years ago.

Debt Coverage: BCN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BCN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

9.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BCN's dividend (9.85%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: BCN's dividend (9.85%) is in the top 25% of dividend payers in the Australian market (5.32%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether BCN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if BCN's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.7%), BCN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.6yrs

Average board tenure


CEO

Graham McGarry

9.58yrs

Tenure

AU$164,250

Compensation

Mr. Graham McGarry, CPA, CD, has been the Executive Chairman of Beacon Minerals Limited since November 10, 2020. He is an experienced and seasoned 'hands on' miner, with an impressive track record in turni...


CEO Compensation Analysis

Compensation vs Market: Graham's total compensation ($USD123.13K) is below average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Graham's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: BCN's board of directors are considered experienced (3.6 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 been diluted in the past year, with total shares outstanding growing by 25.3%.


Top Shareholders

Company Information

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


Key Information

  • Name: Beacon Minerals Limited
  • Ticker: BCN
  • Exchange: ASX
  • Founded: 2006
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$118.509m
  • Shares outstanding: 3.59b
  • Website: https://www.beaconminerals.com.au

Location

  • Beacon Minerals Limited
  • 144 Vivian Street
  • Boulder
  • Western Australia
  • 6432
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:22
End of Day Share Price2021/10/26 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.