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BlackEarth Minerals

Market Cap

AU$27.1m

Last Updated

2021/04/19 08:03 UTC

Data Sources

Company Financials

Executive Summary

BlackEarth Minerals NL engages in the exploration and development of graphite properties. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BEM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 53% a week.

Volatility Over Time: BEM's weekly volatility has increased from 31% to 53% over the past year.


Market Performance


7 Day Return

0%

BEM

1.6%

AU Metals and Mining

1.0%

AU Market


1 Year Return

328.6%

BEM

43.5%

AU Metals and Mining

33.5%

AU Market

Return vs Industry: BEM exceeded the Australian Metals and Mining industry which returned 43.5% over the past year.

Return vs Market: BEM exceeded the Australian Market which returned 33.5% over the past year.


Shareholder returns

BEMIndustryMarket
7 Day0%1.6%1.0%
30 Day3.4%6.7%5.3%
90 Day172.7%2.8%5.9%
1 Year328.6%328.6%65.2%43.5%40.5%33.5%
3 Year-6.3%-6.3%66.9%27.0%36.3%16.1%
5 Yearn/a176.6%101.8%67.0%31.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

10.3x

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 AU 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 (10.3x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.8%

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?

-18.9%

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 18.9% 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 (26.1%).


Return on Equity

High ROE: BEM has a negative Return on Equity (-63.55%), 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$2.3M) exceed its short term liabilities (A$359.3K).

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 1.1 years if free cash flow continues to reduce at historical rates of 17% 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?

2.1yrs

Average management tenure


CEO

Tom Revy (56 yo)

4.25yrs

Tenure

AU$370,214

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 ($USD286.26K) is about average for companies of similar size in the Australian market ($USD292.44K).

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


Leadership Team

Experienced Management: BEM's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: BEM's board of directors are not considered experienced ( 0.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.3%.


Top Shareholders

Company Information

BlackEarth Minerals NL's company bio, 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
  • Market Cap: AU$27.084m
  • Shares outstanding: 180.56m
  • Website: https://www.blackearthminerals.com.au

Location

  • BlackEarth Minerals NL
  • 675 Murray Street
  • Level 1
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Biography

BlackEarth Minerals NL engages in the exploration and development of graphite properties. It focuses on the exploration of Maniry and Ianapera graphite projects located in Madagascar The company also holds...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 08:03
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.