Bulletin Resources Limited operates as a minerals exploration company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.07|
|52 Week High||AU$0.047|
|52 Week Low||AU$0.13|
|1 Month Change||-7.90%|
|3 Month Change||9.38%|
|1 Year Change||-10.26%|
|3 Year Change||105.88%|
|5 Year Change||159.26%|
|Change since IPO||-68.18%|
Recent News & Updates
Bulletin Resources' (ASX:BNR) Earnings Aren't As Good As They Appear
We didn't see Bulletin Resources Limited's ( ASX:BNR ) stock surge when it reported robust earnings recently. We looked...
|BNR||AU Metals and Mining||AU Market|
Return vs Industry: BNR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: BNR underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: BNR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: BNR's weekly volatility has increased from 13% to 19% over the past year.
About the Company
Bulletin Resources Limited operates as a minerals exploration company in Australia. It holds interest in the Lake Rebecca gold project comprising four granted and one pending exploration license covering an area of 575 square kilometers located to the north-east of Kalgoorlie, Western Australia; Chifley Gold project covering an area of 79 square kilometers; Ravensthorpe Lithium project covering an area of 57 square kilometers; and Duketon North project covering an area of 176 square kilometers. The company was incorporated in 2010 and is based in Perth, Australia.
Bulletin Resources Fundamentals Summary
|BNR fundamental statistics|
Is BNR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BNR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.014|
|Net Profit Margin||191.91%|
How did BNR perform over the long term?See historical performance and comparison
Is Bulletin Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BNR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BNR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BNR is good value based on its PE Ratio (5.1x) compared to the Australian Metals and Mining industry average (15x).
PE vs Market: BNR is good value based on its PE Ratio (5.1x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BNR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BNR is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.5x).
How is Bulletin 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 Bulletin 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 Bulletin Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BNR has a high level of non-cash earnings.
Growing Profit Margin: BNR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BNR has become profitable over the past 5 years, growing earnings by -4.7% per year.
Accelerating Growth: BNR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BNR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: BNR's Return on Equity (69.6%) is considered outstanding.
How is Bulletin Resources's financial position?
Financial Position Analysis
Short Term Liabilities: BNR's short term assets (A$4.6M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: BNR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BNR is debt free.
Reducing Debt: BNR has no debt compared to 5 years ago when its debt to equity ratio was 89.5%.
Debt Coverage: BNR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BNR has no debt, therefore coverage of interest payments is not a concern.
What is Bulletin Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BNR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BNR'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 BNR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BNR'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 BNR'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
Bulletin Resources has no CEO, or we have no data on them.
Experienced Board: BNR's board of directors are considered experienced (7.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.6%.
Bulletin Resources Limited's employee growth, exchange listings and data sources
- Name: Bulletin Resources Limited
- Ticker: BNR
- Exchange: ASX
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Market Cap: AU$18.274m
- Shares outstanding: 261.06m
- Website: https://www.bulletinresources.com
Number of Employees
- Bulletin Resources Limited
- 139 Newcastle Street
- Suite 11
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:03|
|End of Day Share Price||2021/10/15 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.