ASX:BDI

Stock Analysis Report

Executive Summary

Blina Minerals NL explores for and evaluates mineral properties.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BDI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

BDI

11.0%

AU Metals and Mining

13.4%

AU Market


1 Year Return

0%

BDI

-19.1%

AU Metals and Mining

-18.8%

AU Market

Return vs Industry: BDI exceeded the Australian Metals and Mining industry which returned -19.1% over the past year.

Return vs Market: BDI exceeded the Australian Market which returned -18.8% over the past year.


Shareholder returns

BDIIndustryMarket
7 Day0%11.0%13.4%
30 Day0%-11.6%-20.7%
90 Day0%-21.4%-24.4%
1 Year0%0%-14.6%-19.1%-15.2%-18.8%
3 Year0%0%28.6%12.3%-2.8%-15.9%
5 Year0%0%61.1%22.9%9.3%-15.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BDI is overvalued based on its PB Ratio (7.2x) compared to the AU Metals and Mining industry average (1x).


Next Steps

Future Growth

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

-11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BDI is currently unprofitable.

Growing Profit Margin: BDI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BDI is unprofitable, and losses have increased over the past 5 years at a rate of -11.5% per year.

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

Earnings vs Industry: BDI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).


Return on Equity

High ROE: BDI has a negative Return on Equity (-174.84%), as it is currently unprofitable.


Next Steps

Financial Health

How is Blina Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BDI's short term assets (A$168.5K) exceed its short term liabilities (A$117.4K).

Long Term Liabilities: BDI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BDI is debt free.

Reducing Debt: BDI has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.


Balance Sheet

Inventory Level: BDI has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BDI's debt is covered by short term assets.


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: BDI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BDI has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.7% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BDI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BDI's dividends per share have been stable in the past.

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

0.5yrs

Average board tenure


CEO

Blina Minerals has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Neville Bassett
Non-Executive Director0.25yrno datano data
Mark Maine
Non-Executive Chairman0.25yrno data0.0080% A$500.2
Gino D'Anna
Non-Executive Director1yrno datano data
Matthew Driscoll
Non-Executive Director0.83yrAU$7.50kno data

0.5yrs

Average Tenure

58yo

Average Age

Experienced Board: BDI's board of directors are not considered experienced ( 0.5 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.7%.


Top Shareholders

Company Information

Blina Minerals NL's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blina Minerals NL
  • Ticker: BDI
  • Exchange: ASX
  • Founded:
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: AU$6.269m
  • Shares outstanding: 6.27b
  • Website: https://www.blinaminerals.com.au

Location

  • Blina Minerals NL
  • 283 Rokeby Road
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BDIASX (Australian Securities Exchange)YesOrdinary SharesAUAUDAug 2004
UH7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2004
BDICHIA (Chi-X Australia)YesOrdinary SharesAUAUDAug 2004

Biography

Blina Minerals NL explores for and evaluates mineral properties. It primarily explores for cobalt, lithium, zinc, coal, copper, gold, manganese, or iron ore projects. It owns interests in the Maintirano project in Madagascar; Condamine gold project in New Zealand; and Diakouli gold project in Burkina Faso. The company was formerly known as Blina Diamonds NL and changed its name to Blina Minerals NL in March 2011. Blina Minerals NL is based in Subiaco, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 10:31
End of Day Share Price2020/03/09 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.