ASX:BOE

Stock Analysis Report

Executive Summary

Boss Resources Limited explores for and develops uranium deposits.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.


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

1.6%

BOE

-0.6%

AU Metals and Mining

0.7%

AU Market


1 Year Return

-4.5%

BOE

9.7%

AU Metals and Mining

11.0%

AU Market

Return vs Industry: BOE underperformed the Australian Metals and Mining industry which returned 9.7% over the past year.

Return vs Market: BOE underperformed the Australian Market which returned 11% over the past year.


Shareholder returns

BOEIndustryMarket
7 Day1.6%-0.6%0.7%
30 Day1.6%-3.4%-0.2%
90 Day8.6%-9.3%-0.1%
1 Year-4.5%-4.5%17.4%9.7%17.4%11.0%
3 Year10.5%10.5%64.1%44.2%36.3%18.0%
5 Year328.7%293.8%58.4%22.3%51.4%17.3%

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 compared to its fair value and its price relative to the market?

6.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate BOE's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate BOE's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: BOE is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate BOE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BOE is overvalued based on its PB Ratio (6.2x) compared to the AU Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

2.4%

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 Boss 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.


Next Steps

Past Performance

How has Boss Resources performed over the past 5 years?

-16.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BOE is unprofitable, and losses have increased over the past 5 years at a rate of -16% per year.

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

Earnings vs Industry: BOE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (1.3%).


Return on Equity

High ROE: BOE has a negative Return on Equity (-7.58%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: BOE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BOE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Boss Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BOE's short term assets (A$11.8M) exceeds its short term liabilities (A$4.9M)

Long Term Liabilities: BOE's short term assets (11.8M) exceeds its long term liabilities (8.7M)


Debt to Equity History and Analysis

Debt Level: BOE's debt to equity ratio (24.8%) is considered satisfactory

Reducing Debt: Insufficient data to determine if BOE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: BOE has a high level of physical assets or inventory.

Debt Coverage by Assets: BOE's debt is covered by short term assets (assets are 2.954960x 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.

Stable Cash Runway: BOE has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BOE has sufficient cash runway for 1.441063 years if free cash flow continues to reduce at historical rates of -20.6% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage4.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate BOE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BOE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOE'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 BOE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

0.6yrs

Average management tenure


CEO

Duncan Craib 0

2.8yrs

Tenure

AU$309,046

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

Compensation vs. Market: Duncan's total compensation ($USD208.97K) is about average for companies of similar size in the Australian market ($USD261.02K).

Compensation vs Earnings: Duncan's compensation has been consistent with company performance over the past year.


Management Age and Tenure

0.6yrs

Average Tenure

Experienced Management: BOE's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Age and Tenure

2.2yrs

Average Tenure

50yo

Average Age

Experienced Board: BOE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: BOE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellAU$132,30111 Oct 19
Grant Burnaford Davey
EntityIndividual
Shares2,000,000
Max PriceAU$0.066
SellAU$2,958,74011 Oct 19
Grant Burnaford Davey
EntityIndividual
Shares47,000,000
Max PriceAU$0.063
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: 2.8yrs
    • Compensation: AU$309.05k
  • Bryn Jones (41yo)

    Technical Director & Director

    • Tenure: 0.08yrs
  • Mathew O'Hara

    CFO & Company Secretary

    • Tenure: 0.6yrs
    • Compensation: AU$46.43k

Board Members

  • Mark Hohnen (69yo)

    Non-Executive Chairman

    • Tenure: 3.5yrs
    • Compensation: AU$236.41k
  • Sashi Davies (59yo)

    Member of Technical Advisory Board

    • Tenure: 2.2yrs
  • Duncan Craib

    CEO, MD & Director

    • Tenure: 2.8yrs
    • Compensation: AU$309.05k
  • Peter Williams

    Non-Executive Director

    • Tenure: 6.2yrs
    • Compensation: AU$165.87k
  • Evan George Cranston (37yo)

    Non-Executive Director

    • Tenure: 7.4yrs
    • Compensation: AU$50.00k
  • Bryn Jones (41yo)

    Technical Director & Director

    • Tenure: 0.08yrs
  • Marat Abzalov

    Member of Technical Advisory Board

    • Tenure: 2.2yrs
    • Compensation: AU$13.39k
  • Keith Bowes

    Member of Technical Advisory Board

    • Tenure: 2.2yrs

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 Analysis2019/10/16 10:33
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.