ASX:BCN

Stock Analysis Report

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Executive Summary

Beacon Minerals Limited engages in the mineral exploration, development, and production activities in Western Australia. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events

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.


Market Performance


7 Day Return

2.8%

BCN

-0.08%

AU Metals and Mining

1.2%

AU Market


1 Year Return

2.8%

BCN

22.8%

AU Metals and Mining

-1.3%

AU Market

Return vs Industry: BCN underperformed the Australian Metals and Mining industry which returned 22.8% over the past year.

Return vs Market: BCN exceeded the Australian Market which returned -1.3% over the past year.


Shareholder returns

BCNIndustryMarket
7 Day2.8%-0.08%1.2%
30 Day0%5.5%1.7%
90 Day-2.6%20.5%10.1%
1 Year2.8%2.8%29.5%22.8%2.0%-1.3%
3 Year135.4%131.3%71.3%47.4%26.1%10.6%
5 Year1,638.7%825.2%279.6%210.8%67.5%33.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BCN is good value based on its PE Ratio (9.6x) compared to the AU Metals and Mining industry average (13.4x).

PE vs Market: BCN is good value based on its PE Ratio (9.6x) compared to the Australian market (22.7x).


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 overvalued based on its PB Ratio (3.7x) compared to the AU Metals and Mining industry average (2.9x).


Next Steps

Future Growth

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

4.6%

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.


Next Steps

Past Performance

How has Beacon Minerals performed over the past 5 years?

-25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCN has a high level of non-cash earnings.

Growing Profit Margin: BCN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BCN has become profitable over the past 5 years, growing earnings by -25.2% per year.

Accelerating Growth: BCN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BCN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).


Return on Equity

High ROE: BCN's Return on Equity (38.4%) is considered high.


Next Steps

Financial Health

How is Beacon Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BCN's short term assets (A$24.4M) exceed its short term liabilities (A$4.0M).

Long Term Liabilities: BCN's short term assets (A$24.4M) exceed its long term liabilities (A$18.0M).


Debt to Equity History and Analysis

Debt Level: BCN's debt to equity ratio (63.4%) is considered high.

Reducing Debt: BCN's debt to equity ratio has increased from 33.5% to 63.4% over the past 5 years.

Debt Coverage: BCN's debt is well covered by operating cash flow (39%).

Interest Coverage: BCN's interest payments on its debt are well covered by EBIT (3.8x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

2.9yrs

Average board tenure


CEO

Graham McGarry

8.83yrs

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 ($USD126.39K) is below average for companies of similar size in the Australian market ($USD293.45K).

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


Board Members

NamePositionTenureCompensationOwnership
Graham McGarry
Executive Chairman & MD8.83yrsAU$164.25k8.59%
A$ 8.9m
Sarah Shipway
Company Secretary & Independent Non-Executive Director5.58yrsAU$65.96k0.14%
A$ 146.6k
Jason Bontempo
Non-Executive Director0.17yrno datano data
Geoffrey Greenhill
Non Executive Director8.83yrsAU$187.50k6.57%
A$ 6.8m

2.9yrs

Average Tenure

Experienced Board: BCN's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: BCN 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

Beacon Minerals Limited's company bio, 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$103.341m
  • Shares outstanding: 2.87b
  • Website: https://www.beaconminerals.com.au

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCNASX (Australian Securities Exchange)YesOrdinary SharesAUAUDOct 2006
BCNCHIA (Chi-X Australia)YesOrdinary SharesAUAUDOct 2006

Biography

Beacon Minerals Limited 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 Coo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/20 07:04
End of Day Share Price2021/01/20 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.