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BEM

BlackEarth MineralsASX:BEM Stock Report

Last Price

AU$0.15

Market Cap

AU$34.8m

7D

3.3%

1Y

146.0%

Updated

23 Jan, 2022

Data

Company Financials
BEM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

BEM Stock Overview

BlackEarth Minerals NL, an integrated graphite developer, engages in the exploration and development of graphite properties.

Price History & Performance

Summary of all time highs, changes and price drops for BlackEarth Minerals
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.28
52 Week LowAU$0.05
Beta0.62
1 Month Change29.17%
3 Month Change24.00%
1 Year Change146.03%
3 Year Change127.94%
5 Year Changen/a
Change since IPO-24.39%

Recent News & Updates

Jan 04
We Think BlackEarth Minerals (ASX:BEM) Can Afford To Drive Business Growth

We Think BlackEarth Minerals (ASX:BEM) Can Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Aug 24
We're Hopeful That BlackEarth Minerals (ASX:BEM) Will Use Its Cash Wisely

We're Hopeful That BlackEarth Minerals (ASX:BEM) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, BlackEarth...

Shareholder Returns

BEMAU Metals and MiningAU Market
7D3.3%-2.0%-2.8%
1Y146.0%7.1%5.8%

Return vs Industry: BEM exceeded the Australian Metals and Mining industry which returned 7.1% over the past year.

Return vs Market: BEM exceeded the Australian Market which returned 5.8% over the past year.

Price Volatility

Is BEM's price volatile compared to industry and market?
BEM volatility
BEM Average Weekly Movement11.7%
Metals and Mining Industry Average Movement10.8%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

Stable Share Price: BEM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: BEM's weekly volatility has decreased from 27% to 12% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/aTom Revyhttps://www.blackearthminerals.com.au

BlackEarth Minerals NL, an integrated graphite developer, engages in the exploration and development of graphite properties. Its flagship property is the Maniry graphite project located in Southern Madagascar. The company also holds a 100% interest in the Donnelly River Nickel-Copper-Platinum Group Metals project situated to the south of Perth, Western Australia.

BlackEarth Minerals Fundamentals Summary

How do BlackEarth Minerals's earnings and revenue compare to its market cap?
BEM fundamental statistics
Market CapAU$34.80m
Earnings (TTM)-AU$3.45m
Revenue (TTM)AU$86.63k

407.9x

P/S Ratio

-10.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BEM income statement (TTM)
RevenueAU$86.63k
Cost of RevenueAU$0
Gross ProfitAU$86.63k
ExpensesAU$3.54m
Earnings-AU$3.45m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin100.00%
Net Profit Margin-3,987.65%
Debt/Equity Ratio0.0%

How did BEM perform over the long term?

See historical performance and comparison

Valuation

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

4.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BEM is overvalued based on its PB Ratio (5x) compared to the AU Metals and Mining industry average (2.8x).


Future Growth

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

0.9%

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 BlackEarth 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 BlackEarth Minerals performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BEM is currently unprofitable.

Growing Profit Margin: BEM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BEM is unprofitable, and losses have increased over the past 5 years at a rate of 17.9% per year.

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

Earnings vs Industry: BEM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (33%).


Return on Equity

High ROE: BEM has a negative Return on Equity (-49.96%), as it is currently unprofitable.


Financial Health

How is BlackEarth Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: BEM's short term assets (A$6.8M) exceed its short term liabilities (A$576.2K).

Long Term Liabilities: BEM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BEM is debt free.

Reducing Debt: BEM has not had any debt for past 5 years.


Balance Sheet


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: BEM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BEM has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 11.5% each year.


Dividend

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


Dividend Yield vs Market

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

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

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

2.8yrs

Average management tenure


CEO

Tom Revy (57 yo)

5yrs

Tenure

AU$541,636

Compensation

Mr. Thomas Revy, also known as Tom, BAppSc (Metallurgy), GradDipBus, AusIMM, served as the Chief Executive Officer and Managing Director of Ferrum Crescent Limited from February 19, 2014 to March 31, 2016....


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD390.26K) is above average for companies of similar size in the Australian market ($USD291.61K).

Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BEM's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: BEM's board of directors are considered experienced (3.3 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 24.6%.


Top Shareholders

Company Information

BlackEarth Minerals NL's employee growth, exchange listings and data sources


Key Information

  • Name: BlackEarth Minerals NL
  • Ticker: BEM
  • Exchange: ASX
  • Founded: 2016
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$34.796m
  • Shares outstanding: 224.49m
  • Website: https://www.blackearthminerals.com.au

Location

  • BlackEarth Minerals NL
  • 1138 Hay Street
  • Level 3
  • West Perth
  • Western Australia
  • 6872
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 07:01
End of Day Share Price2022/01/19 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.