Beacon Minerals Limited, together with its subsidiaries, engages in the mineral exploration, development, and production activities in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.033|
|52 Week High||AU$0.03|
|52 Week Low||AU$0.042|
|1 Month Change||6.45%|
|3 Month Change||-2.94%|
|1 Year Change||-8.33%|
|3 Year Change||73.69%|
|5 Year Change||1,000.37%|
|Change since IPO||-84.48%|
Recent News & Updates
|BCN||AU Metals and Mining||AU Market|
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.
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
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
|BCN fundamental statistics|
Is BCN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BCN income statement (TTM)|
|Cost of Revenue||AU$37.86m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0056|
|Net Profit Margin||27.51%|
How did BCN perform over the long term?See historical performance and comparison
9.8%Current Dividend Yield
Is Beacon Minerals undervalued compared to its fair value and its price relative to the market?
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).
How is Beacon Minerals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Beacon Minerals performed over the past 5 years?
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.
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$4.8M).
Debt to Equity History and Analysis
Debt Level: BCN is debt free.
Reducing Debt: BCN had no debt 5 years ago.
Debt Coverage: BCN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BCN has no debt, therefore coverage of interest payments is not a concern.
What is Beacon Minerals's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BCN's dividend (9.85%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: BCN's dividend (9.85%) is in the top 25% of dividend payers in the Australian market (5.32%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether BCN's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BCN's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.7%), BCN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Graham McGarry, CPA, CD, has been the Executive Chairman of Beacon Minerals Limited since November 10, 2020. He is an experienced and seasoned 'hands on' miner, with an impressive track record in turni...
CEO Compensation Analysis
Compensation vs Market: Graham's total compensation ($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.
Experienced Board: BCN's board of directors are considered experienced (3.6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.3%.
Beacon Minerals Limited's employee growth, exchange listings and data sources
- 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
- Beacon Minerals Limited
- 144 Vivian Street
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:22|
|End of Day Share Price||2021/10/26 00:00|
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.