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Bassari Resources

ASX:BSR
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BSR
ASX
A$39M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Bassari Resources Limited discovers, explores for, develops, and produces gold resources in Senegal. The last earnings update was 81 days ago. More info.


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BSR Share Price and Events
7 Day Returns
0%
ASX:BSR
5.8%
AU Metals and Mining
1.7%
AU Market
1 Year Returns
-19%
ASX:BSR
12.7%
AU Metals and Mining
5.4%
AU Market
BSR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bassari Resources (BSR) 0% 0% -15% -19% -39.3% 142.9%
AU Metals and Mining 5.8% 3.3% 5.8% 12.7% 82.5% 18.9%
AU Market 1.7% 2.8% 5.5% 5.4% 23% 12.3%
1 Year Return vs Industry and Market
  • BSR underperformed the Metals and Mining industry which returned 12.7% over the past year.
  • BSR underperformed the Market in Australia which returned 5.4% over the past year.
Price Volatility
BSR
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bassari Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.017.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bassari Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bassari Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:BSR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:BSR Share Price ** ASX (2019-06-17) in AUD A$0.02
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.58x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.2x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bassari Resources.

ASX:BSR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:BSR Share Price ÷ EPS (both in AUD)

= 0.02 ÷ 0.00

-19.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bassari Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Bassari Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Bassari Resources's expected growth come at a high price?
Raw Data
ASX:BSR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.67x
Australia Market PEG Ratio Median Figure of 358 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bassari Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bassari Resources's assets?
Raw Data
ASX:BSR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.03
ASX:BSR Share Price * ASX (2019-06-17) in AUD A$0.02
Australia Metals and Mining Industry PB Ratio Median Figure of 587 Publicly-Listed Metals and Mining Companies 1.43x
Australia Market PB Ratio Median Figure of 1,687 Publicly-Listed Companies 1.65x
ASX:BSR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:BSR Share Price ÷ Book Value per Share (both in AUD)

= 0.02 ÷ 0.03

0.67x

* Primary Listing of Bassari Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bassari Resources is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Bassari Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Bassari Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Bassari 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bassari Resources expected to grow at an attractive rate?
  • Unable to compare Bassari Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bassari Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Bassari Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:BSR Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:BSR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:BSR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -2
2018-09-30 0 -1 -2
2018-06-30 0 -1 -2
2018-03-31 0 -2 -2
2017-12-31 0 -2 -1
2017-09-30 0 -2 -3
2017-06-30 0 -2 -4
2017-03-31 0 -2 -4
2016-12-31 0 -1 -4
2016-09-30 0 -1 -3
2016-06-30 0 -1 -1
2016-03-31 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bassari Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Bassari Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:BSR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bassari Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:BSR Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bassari Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Bassari Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. Bassari Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bassari Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bassari Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bassari Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bassari Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bassari Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Bassari Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bassari Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Bassari Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bassari Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:BSR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.01 -1.90 1.91
2018-09-30 0.01 -1.72 1.74
2018-06-30 0.01 -1.55 1.56
2018-03-31 0.01 -1.52 1.55
2017-12-31 0.01 -1.49 1.54
2017-09-30 0.01 -2.76 1.48
2017-06-30 0.02 -4.04 1.42
2017-03-31 0.02 -3.95 1.31
2016-12-31 0.02 -3.86 1.20
2016-09-30 0.02 -2.51 1.19
2016-06-30 0.02 -1.15 1.17
2016-03-31 0.02 -1.25 1.26
2015-12-31 0.02 -1.34 1.36
2015-09-30 0.03 -1.51 1.53
2015-06-30 0.03 -1.68 1.71
2015-03-31 0.03 -1.68 1.70
2014-12-31 0.03 -1.68 1.69
2014-09-30 0.02 -1.60 1.61
2014-06-30 0.02 -1.52 1.52
2014-03-31 0.02 -1.61 1.61
2013-12-31 0.03 -1.70 1.70
2013-09-30 0.04 -1.93 1.94
2013-06-30 0.05 -2.15 2.19
2013-03-31 0.10 -2.11 2.17
2012-12-31 0.14 -2.07 2.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bassari Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Bassari 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.
  • It is difficult to establish if Bassari Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bassari Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bassari Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bassari Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bassari Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bassari Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bassari Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bassari Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bassari Resources Company Filings, last reported 5 months ago.

ASX:BSR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 58.03 0.70 0.09
2018-09-30 58.03 0.70 0.09
2018-06-30 56.16 0.70 1.24
2018-03-31 56.16 0.70 1.24
2017-12-31 52.26 0.70 1.09
2017-09-30 52.26 0.70 1.09
2017-06-30 49.30 0.70 0.51
2017-03-31 49.30 0.70 0.51
2016-12-31 46.99 0.68 1.04
2016-09-30 46.99 0.68 1.04
2016-06-30 47.86 0.68 0.25
2016-03-31 47.86 0.68 0.25
2015-12-31 46.91 0.68 0.25
2015-09-30 46.91 0.68 0.25
2015-06-30 44.24 0.74 0.09
2015-03-31 44.24 0.74 0.09
2014-12-31 45.23 0.40 0.01
2014-09-30 45.23 0.40 0.01
2014-06-30 43.03 0.00 0.09
2014-03-31 43.03 0.00 0.09
2013-12-31 44.57 0.25
2013-09-30 44.57 0.25
2013-06-30 40.73 0.00 0.33
2013-03-31 40.73 0.00 0.33
2012-12-31 35.42 0.00 1.49
  • Bassari Resources's level of debt (1.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.6% vs 1.2% today).
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.

  • Bassari Resources has less than a year of cash runway based on current free cash flow.
  • Bassari Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.1% each year.
X
Financial health checks
We assess Bassari Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bassari Resources has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bassari Resources dividends.
If you bought A$2,000 of Bassari Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bassari Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bassari Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:BSR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.6%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bassari Resources has not reported any payouts.
  • Unable to verify if Bassari Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bassari Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bassari 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.
X
Income/ dividend checks
We assess Bassari Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bassari Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bassari Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Bassari Resources has no CEO, or we have no data on them.
Management Team

Alex Mackenzie

TITLE
Executive Chairman
COMPENSATION
A$273K

Ian Riley

TITLE
Company Secretary & CFO
COMPENSATION
A$224K
TENURE
9.4 yrs

Moussa Diba

TITLE
Chief Geologist
Board of Directors Tenure

Average tenure of the Bassari Resources board of directors in years:

5.8
Average Tenure
  • The tenure for the Bassari Resources board of directors is about average.
Board of Directors

Alex Mackenzie

TITLE
Executive Chairman
COMPENSATION
A$273K
TENURE
6.2 yrs

Philip Bruce

TITLE
Non-Executive Director
COMPENSATION
A$74K
AGE
66
TENURE
5.8 yrs

Peter Spivey

TITLE
Non-Executive Director
COMPENSATION
A$123K
AGE
60
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
14. Sep 18 Buy Alexander Mackenzie Individual 13. Sep 18 13. Sep 18 253,075 A$0.02 A$5,117
14. Aug 18 Buy Alexander Mackenzie Individual 13. Aug 18 13. Aug 18 69,750 A$0.02 A$1,451
X
Management checks
We assess Bassari Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bassari Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholders Own Bassari Resources Limited (ASX:BSR)?

A look at the shareholders of Bassari Resources Limited (ASX:BSR) can tell us which group is most powerful. … With a market capitalization of AU$41m, Bassari Resources is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

What Kind Of Shareholders Own Bassari Resources Limited (ASX:BSR)?

If you want to know who really controls Bassari Resources Limited (ASX:BSR), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$43m, Bassari Resources is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for Bassari Resources

Simply Wall St -

Who Are The Top Investors In Bassari Resources Limited (ASX:BSR)?

Today, I will be analyzing Bassari Resources Limited’s (ASX:BSR) recent ownership structure, an important but not-so-popular subject among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … ASX:BSR Ownership Summary July 18th 18

Simply Wall St -

Bassari Resources Limited (ASX:BSR): Time For A Financial Health Check

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Looking at BSR’s most recent AU$2.70M liabilities, it appears that the company has not maintained a sufficient level of current assets to meet its obligations, with the current ratio last standing at 0.45x, which is below the prudent industry ratio of 3x. … Risk around debt is extremely low for BSR, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: Although BSR’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

Are Earnings Prospects Improving For Loss-Making Bassari Resources Limited's (ASX:BSR)?

In this article, I will take a look at Bassari Resources Limited's (ASX:BSR) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View our latest analysis for Bassari Resources Did BSR beat its long-term earnings growth trend and its industry? … ASX:BSR Income Statement Apr 4th 18 We can further assess Bassari Resources's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

Should You Be Concerned About Bassari Resources Limited's (ASX:BSR) Shareholders?

Today, I will be analyzing Bassari Resources Limited’s (ASX:BSR) recent ownership structure, an important but not-so-popular subject among individual investors. … Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

Simply Wall St -

How Financially Strong Is Bassari Resources Limited (ASX:BSR)?

At this constant level of debt, BSR's cash and short-term investments stands at AU$1.04M for investing into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … BSR's risk around capital structure is almost non-existent, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: BSR’s low debt is also met with low coverage.

Simply Wall St -

Is Now The Right Time To Invest In Basic Materials And Bassari Resources Limited (ASX:BSR)?

ASX:BSR PE PEG Gauge Nov 13th 17 The metals and mining sector's PE is currently hovering around 14x, in-line with the Australian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of BSR, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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How Long Will Loss-Making Bassari Resources Limited (ASX:BSR) Survive?

See our latest analysis for BSR What is cash burn? … The outcome of this analysis should shed some light on BSR’s cash situation and the risks you may or may not have been aware of as a shareholder of the company. … The outcome of my analysis suggests that even if BSR maintains this negative rate of opex growth, it will run out of cash within the year.

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Company Info

Description

Bassari Resources Limited discovers, explores for, develops, and produces gold resources in Senegal. It holds 70% interests in two contiguous permits comprising Moura and Sambarabougou covering an area of approximately 590 square kilometers located on the Birimian gold belt. The company also focuses on the development of Makabingui gold project located within the Sambarabougou permit. Bassari Resources Limited is headquartered in Melbourne, Australia.

Details
Name: Bassari Resources Limited
BSR
Exchange: ASX
Founded:
A$38,883,982
2,287,293,060
Website: http://www.bassariresources.com
Address: Bassari Resources Limited
500 Collins Street,
Level 17,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX BSR Ordinary Shares Australian Securities Exchange AU AUD 07. Jan 2008
CHIA BSR Ordinary Shares Chi-X Australia AU AUD 07. Jan 2008
Number of employees
Current staff
Staff numbers
0
Bassari Resources employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 10:35
End of day share price update: 2019/06/17 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.