BMG Resources Limited, a mineral exploration company, engages in the exploration and development of mineral resource projects in the Republic of Cyprus and Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.06|
|52 Week High||AU$0.048|
|52 Week Low||AU$0.14|
|1 Month Change||-30.23%|
|3 Month Change||3.45%|
|1 Year Change||-55.56%|
|3 Year Change||-40.00%|
|5 Year Change||-34.54%|
|Change since IPO||-99.74%|
Recent News & Updates
|BMG||AU Metals and Mining||AU Market|
Return vs Industry: BMG underperformed the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: BMG underperformed the Australian Market which returned 21.3% over the past year.
Stable Share Price: BMG is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: BMG's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
BMG Resources Limited, a mineral exploration company, engages in the exploration and development of mineral resource projects in the Republic of Cyprus and Australia. The company primarily explores for copper, nickel, zinc, cobalt, gold, silver, and lithium deposits. It holds interests in the Treasure project located in the Troodos Mountains of Republic of Cyprus; the Abercromby project situated in the Wiluna Gold District, Western Australia; the Invincible project located in Central Pilbara Gold District; and the South Boddington project located to the south-east of Perth.
BMG Resources Fundamentals Summary
|BMG fundamental statistics|
Is BMG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BMG income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0034|
|Net Profit Margin||0.00%|
How did BMG perform over the long term?See historical performance and comparison
Is BMG Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BMG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BMG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BMG is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: BMG 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 BMG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BMG is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.6x).
How is BMG Resources 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 BMG Resources 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.
How has BMG Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMG is currently unprofitable.
Growing Profit Margin: BMG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BMG is unprofitable, and losses have increased over the past 5 years at a rate of 28.2% per year.
Accelerating Growth: Unable to compare BMG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BMG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: BMG has a negative Return on Equity (-7.71%), as it is currently unprofitable.
How is BMG Resources's financial position?
Financial Position Analysis
Short Term Liabilities: BMG's short term assets (A$901.9K) exceed its short term liabilities (A$198.6K).
Long Term Liabilities: BMG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BMG is debt free.
Reducing Debt: BMG currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: BMG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BMG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.6% each year
What is BMG Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMG'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 BMG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMG'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 BMG'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. Bruce Alexander McCracken, BCom, LLB, MBA, GAICD served as an Executive Director of AssetOwl Limited until April 23, 2019. Mr. McCracken has been Managing Director and Director at BMG Resources Limited...
CEO Compensation Analysis
Compensation vs Market: Bruce's total compensation ($USD292.69K) is about average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.
Experienced Board: BMG's board of directors are not considered experienced ( 2.3 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: BMG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 33.3%.
BMG Resources Limited's employee growth, exchange listings and data sources
- Name: BMG Resources Limited
- Ticker: BMG
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$19.199m
- Shares outstanding: 319.99m
- Website: https://www.bmgl.com.au
- BMG Resources Limited
- 225 St Georges Terrace
- Level 14
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:54|
|End of Day Share Price||2021/10/25 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.