Beacon Minerals Limited engages in the mineral exploration, development, and production activities in Western Australia. More Details
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.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
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.
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
1 week ago | Simply Wall StHere's Why We Don't Think Beacon Minerals's (ASX:BCN) Statutory Earnings Reflect Its Underlying Earnings Potential
2 months ago | Simply Wall StIs Beacon Minerals (ASX:BCN) A Risky Investment?
3 months ago | Simply Wall StBeacon Minerals Limited (ASX:BCN) On An Uptrend: Could Fundamentals Be Driving The Stock?
Is Beacon Minerals undervalued compared to its fair value and its price relative to the market?
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).
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.
- Examine Beacon Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Beacon Minerals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Beacon Minerals performed over the past 5 years?
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.
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$18.0M).
Debt to Equity History and Analysis
Debt Level: BCN's debt to equity ratio (63.4%) is considered high.
Reducing Debt: BCN's debt to equity ratio has increased from 33.5% to 63.4% over the past 5 years.
Debt Coverage: BCN's debt is well covered by operating cash flow (39%).
Interest Coverage: BCN's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Beacon Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BCN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BCN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BCN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Graham McGarry, CPA, CD, has been the Executive Chairman of Beacon Minerals Limited since November 10, 2020. He is an experienced and seasoned 'hands on' miner, with an impressive track record in turni...
CEO Compensation Analysis
Compensation vs Market: Graham's total compensation ($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.
|Executive Chairman & MD||8.83yrs||AU$164.25k||8.59% |
|Company Secretary & Independent Non-Executive Director||5.58yrs||AU$65.96k||0.14% |
|Non-Executive Director||0.17yr||no data||no data|
|Non Executive Director||8.83yrs||AU$187.50k||6.57% |
Experienced Board: BCN's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Beacon Minerals Limited's company bio, employee growth, exchange listings and data sources
- 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
- Beacon Minerals Limited
- 144 Vivian Street
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BCN||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2006|
|BCN||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2006|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/20 07:04|
|End of Day Share Price||2021/01/20 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.