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BOC

Bougainville CopperASX:BOC Stock Report

Market Cap

AU$158.4m

7D

16.2%

1Y

23.4%

Updated

21 Oct, 2021

Data

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

BOC Overview

Bougainville Copper Limited focuses on exploration operations in Papua New Guinea.

Bougainville Copper Competitors

Galaxy Resources

ASX:GXY

AU$2.7b

Firefly Resources

ASX:FFR

AU$33.9m

Energy Resources of Australia

ASX:ERA

AU$1.6b

Tanami Gold

ASX:TAM

AU$85.8m

Price History & Performance

Summary of all time highs, changes and price drops for Bougainville Copper
Historical stock prices
Current Share PriceAU$0.40
52 Week HighAU$0.27
52 Week LowAU$0.74
Beta0.92
1 Month Change8.22%
3 Month Change-24.76%
1 Year Change23.44%
3 Year Change172.41%
5 Year Change182.14%
Change since IPO-37.30%

Recent News & Updates

Oct 21
Here's Why We're Not Too Worried About Bougainville Copper's (ASX:BOC) Cash Burn Situation

Here's Why We're Not Too Worried About Bougainville Copper's (ASX:BOC) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

May 24
We're Hopeful That Bougainville Copper (ASX:BOC) Will Use Its Cash Wisely

We're Hopeful That Bougainville Copper (ASX:BOC) Will Use Its Cash Wisely

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

Feb 08
We're Hopeful That Bougainville Copper (ASX:BOC) Will Use Its Cash Wisely

We're Hopeful That Bougainville Copper (ASX:BOC) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...

Shareholder Returns

BOCAU Metals and MiningAU Market
7D16.2%-0.3%0.7%
1Y23.4%12.5%21.4%

Return vs Industry: BOC exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: BOC exceeded the Australian Market which returned 21.1% over the past year.

Price Volatility

Is BOC's price volatile compared to industry and market?
BOC volatility
BOC Beta0.92
Industry Beta0.97
Market Beta1

Stable Share Price: BOC is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BOC's weekly volatility has decreased from 14% to 9% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a19Mel Togolohttps://www.bcl.com.pg

Bougainville Copper Limited focuses on exploration operations in Papua New Guinea. It holds interests in Panguna Project. The company is based in Port Moresby, Papua New Guinea.

Bougainville Copper Fundamentals Summary

How do Bougainville Copper's earnings and revenue compare to its market cap?
BOC fundamental statistics
Market CapK416.28m
Earnings (TTM)-K5.35m
Revenue (TTM)K4.01m

104.0x

P/S Ratio

-77.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOC income statement (TTM)
RevenueK4.01m
Cost of RevenueK0
Gross ProfitK4.01m
ExpensesK9.35m
Earnings-K5.35m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin100.00%
Net Profit Margin-133.48%
Debt/Equity Ratio0%

How did BOC perform over the long term?

See historical performance and comparison

Valuation

Is Bougainville Copper undervalued compared to its fair value and its price relative to the market?

3.37x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BOC is overvalued based on its PB Ratio (3.4x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.07%

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 Bougainville Copper 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 Bougainville Copper performed over the past 5 years?

-5.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOC is currently unprofitable.

Growing Profit Margin: BOC is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: BOC 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: BOC has a negative Return on Equity (-4.33%), as it is currently unprofitable.


Financial Health

How is Bougainville Copper's financial position?


Financial Position Analysis

Short Term Liabilities: BOC's short term assets (PGK8.9M) exceed its short term liabilities (PGK4.1M).

Long Term Liabilities: BOC's short term assets (PGK8.9M) exceed its long term liabilities (PGK7.8M).


Debt to Equity History and Analysis

Debt Level: BOC is debt free.

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

Forecast Cash Runway: BOC has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 23.7% each year.


Dividend

What is Bougainville Copper current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

4.5yrs

Average board tenure


CEO

Mel Togolo (74 yo)

3.67yrs

Tenure

K794,000

Compensation

Sir Melchior Pesa Togolo, also known as Mel, CBE, BEcon (Hons), MA (Econ), MA (Geography), has been Executive Chairman and Chief Executive Officer of Bougainville Copper Limited since February 21, 2018 and...


CEO Compensation Analysis

Compensation vs Market: Mel's total compensation ($USD226.29K) is about average for companies of similar size in the Australian market ($USD303.55K).

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


Board Members

Experienced Board: BOC's board of directors are considered experienced (4.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bougainville Copper Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bougainville Copper Limited
  • Ticker: BOC
  • Exchange: ASX
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$158.420m
  • Shares outstanding: 401.06m
  • Website: https://www.bcl.com.pg

Number of Employees


Location

  • Bougainville Copper Limited
  • BSP Haus
  • Level 5, Lot 2 on Allotment 34
  • Port Moresby
  • Papua New Guinea

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.