Boab Metals Limited explores for mineral tenements in Australia and Latin America.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.35|
|52 Week High||AU$0.34|
|52 Week Low||AU$0.57|
|1 Month Change||-1.39%|
|3 Month Change||-14.46%|
|1 Year Change||-21.11%|
|3 Year Change||136.67%|
|5 Year Change||77.50%|
|Change since IPO||-91.13%|
Recent News & Updates
A Look At The Fair Value Of Boab Metals Limited (ASX:BML)
Today we will run through one way of estimating the intrinsic value of Boab Metals Limited ( ASX:BML ) by projecting...
|BML||AU Metals and Mining||AU Market|
Return vs Industry: BML underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: BML underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: BML is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BML's weekly volatility (6%) has been stable over the past year.
About the Company
Boab Metals Limited explores for mineral tenements in Australia and Latin America. The company primarily explores for gold, copper, zinc, silver, and lead deposits. Its flagship property is the Sorby Hills Project located in the Kimberley Region of Western Australia.
Boab Metals Fundamentals Summary
|BML fundamental statistics|
Is BML overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BML income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.033|
|Net Profit Margin||-977.25%|
How did BML perform over the long term?See historical performance and comparison
Is Boab Metals undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BML (A$0.36) is trading below our estimate of fair value (A$22.53)
Significantly Below Fair Value: BML is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BML is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: BML 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 BML's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BML is overvalued based on its PB Ratio (3.2x) compared to the AU Metals and Mining industry average (2.6x).
How is Boab Metals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BML is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: BML is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BML's is expected to become profitable in the next 3 years.
Revenue vs Market: BML is forecast to have no revenue next year.
High Growth Revenue: BML is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BML's Return on Equity is forecast to be very high in 3 years time (61.1%).
How has Boab Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BML is currently unprofitable.
Growing Profit Margin: BML is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BML is unprofitable, and losses have increased over the past 5 years at a rate of 22% per year.
Accelerating Growth: Unable to compare BML's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BML 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: BML has a negative Return on Equity (-29.67%), as it is currently unprofitable.
How is Boab Metals's financial position?
Financial Position Analysis
Short Term Liabilities: BML's short term assets (A$13.3M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: BML's short term assets (A$13.3M) exceed its long term liabilities (A$169.2K).
Debt to Equity History and Analysis
Debt Level: BML is debt free.
Reducing Debt: BML has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BML has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year
What is Boab Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BML's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BML's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BML's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BML's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BML's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Simon Alexander Noon, MAICD, AFAIM, serves as Managing Director of Boab Metals Limited (formerly known as Pacifico Minerals Limited) since October 19, 2013 and serves as its Chief Executive Officer. Mr...
CEO Compensation Analysis
Compensation vs Market: Simon's total compensation ($USD339.27K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.
Experienced Management: BML's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: BML's board of directors are seasoned and experienced ( 10 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.4%.
Boab Metals Limited's employee growth, exchange listings and data sources
- Name: Boab Metals Limited
- Ticker: BML
- Exchange: ASX
- Founded: 2003
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$57.560m
- Shares outstanding: 153.49m
- Website: https://www.boabmetals.com
- Boab Metals Limited
- 105 St Georges Terrace
- Level 1
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:02|
|End of Day Share Price||2021/10/18 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.