ASX:BOE

Stock Analysis Report

Executive Summary

Boss Resources Limited explores for and develops uranium deposits.

Snowflake

Fundamentals

Excellent balance sheet with limited growth.

Risks

  • Boss Resources has significant price volatility in the past 3 months.
  • Boss Resources's last earnings update was 188 days ago.
  • Boss Resources is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Boss Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

ASX:BOE

3.7%

AU Metals and Mining

0.5%

AU Market


1 Year Return

-10.1%

ASX:BOE

20.9%

AU Metals and Mining

6.3%

AU Market

BOE underperformed the Metals and Mining industry which returned 20.9% over the past year.

BOE underperformed the Market in Australia which returned 6.3% over the past year.


Share holder returns

BOEIndustryMarket
7 Day0%3.7%0.5%
30 Day10.7%4.0%4.6%
90 Day37.8%-0.08%2.1%
1 Year-10.1%-10.1%29.3%20.9%12.3%6.3%
3 Year17.0%17.0%86.5%62.5%41.4%22.4%
5 Year255.3%226.3%59.9%23.7%49.4%16.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Boss Resources undervalued based on future cash flows and its price relative to the stock market?

5.68x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Boss Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Boss Resources to establish if it is available at substantial discount.


Price Based on Earnings

Boss Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.

Boss Resources is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Boss Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Boss Resources is overvalued based on assets compared to the AU Metals and Mining industry average.


Next Steps

Future Growth

How is Boss Resources expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

-18.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Boss Resources's revenue is expected to grow significantly at over 20% yearly.

Boss Resources is not considered high growth as it is expected to be loss making for the next 1-3 years.

Boss Resources's revenue growth is expected to exceed the Australia market average.

Unable to compare Boss Resources's earnings growth to the Australia market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Boss Resources's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Boss Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Boss Resources performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Boss Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Boss Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Boss Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Boss Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Boss Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Boss Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Boss Resources's financial position?


Financial Position Analysis

Boss Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Boss Resources's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Boss Resources's level of debt (23.1%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Boss Resources's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.2x debt.


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.

Boss Resources has sufficient cash runway for 2.1 years based on current free cash flow.

Boss Resources has sufficient cash runway for 1.6 years if free cash flow continues to grow at historical rates of 21.5% each year.


Next Steps

Dividend

What is Boss Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Boss Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Boss Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Boss Resources has not reported any payouts.

Unable to verify if Boss Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Boss Resources has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Boss Resources's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average board tenure


CEO

Duncan Craib 0

2.7yrs

Tenure

AU$318,569

Compensation

Mr. Duncan Craib, A.C.A., B.Com., has been Chief Executive Officer of Boss Resources Limited since January 9, 2017 and its Managing Director since August 1, 2017. Mr. Craib served as Finance Director to Sw ...


CEO Compensation Analysis

Duncan's remuneration is about average for companies of similar size in Australia.

Duncan's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

2.1yrs

Average Tenure

59yo

Average Age

The average tenure for the Boss Resources board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellAU$15,11822 Mar 19
Grant Burnaford Davey
EntityIndividual
Shares29,700,000
Max PriceAU$0.00051
BuyAU$1,328,78631 Oct 18
Tribeca Investment Partners Pty Ltd.
EntityCompany
Shares18,713,253
Max PriceAU$0.078

Ownership Breakdown


Management Team

  • Duncan Craib

    CEO, MD & Director

    • Tenure: 2.7yrs
    • Compensation: AU$318.57k
  • Evan George Cranston (37yo)

    Non-Executive Director

    • Tenure: 7.3yrs
    • Compensation: AU$50.00k
  • Bryn Jones (41yo)

    Technical Director

    • Tenure: 0yrs
  • Mathew O'Hara

    CFO & Company Secretary

    • Tenure: 0.5yrs

Board Members

  • Mark Hohnen (69yo)

    Non-Executive Chairman

    • Tenure: 3.4yrs
    • Compensation: AU$292.72k
  • Sashi Davies (59yo)

    Member of Technical Advisory Board

    • Tenure: 2.1yrs
  • Duncan Craib

    CEO, MD & Director

    • Tenure: 2.7yrs
    • Compensation: AU$318.57k
  • Peter Williams

    Non-Executive Director

    • Tenure: 6.1yrs
    • Compensation: AU$165.87k
  • Evan George Cranston (37yo)

    Non-Executive Director

    • Tenure: 7.3yrs
    • Compensation: AU$50.00k
  • Marat Abzalov

    Member of Technical Advisory Board

    • Tenure: 2.1yrs
    • Compensation: AU$13.39k
  • Keith Bowes

    Member of Technical Advisory Board

    • Tenure: 2.1yrs

Company Information

Boss Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boss Resources Limited
  • Ticker: BOE
  • Exchange: ASX
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$98.233m
  • Shares outstanding: 1.58b
  • Website: https://www.bossresources.com.au

Location

  • Boss Resources Limited
  • 513 Hay Street
  • Suite 23
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJul 2007
BOECHIA (Chi-X Australia)YesOrdinary SharesAUAUDJul 2007

Biography

Boss Resources Limited explores for and develops uranium deposits. It holds interests in the Honeymoon uranium project located in South Australia; and Golden Hill and Gourma gold projects situated in Burki ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 10:35
End of Day Share Price2019/09/17 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.