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Blackstone Minerals

ASX:BSX
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BSX
ASX
A$7M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Blackstone Minerals Limited explores for and develops gold, cobalt, and nickel properties. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Blackstone Minerals has significant price volatility in the past 3 months.
BSX Share Price and Events
7 Day Returns
-5.7%
ASX:BSX
-3.2%
AU Metals and Mining
-0%
AU Market
1 Year Returns
-84.1%
ASX:BSX
10.6%
AU Metals and Mining
4.9%
AU Market
BSX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Blackstone Minerals (BSX) -5.7% -27.5% -32% -84.1% - -
AU Metals and Mining -3.2% 0.5% 12.6% 10.6% 72.3% 7.8%
AU Market -0% 1% 6.3% 4.9% 18.2% 4.8%
1 Year Return vs Industry and Market
  • BSX underperformed the Metals and Mining industry which returned 10.6% over the past year.
  • BSX underperformed the Market in Australia which returned 4.9% over the past year.
Price Volatility
BSX
Industry
5yr Volatility vs Market

Value

 Is Blackstone Minerals 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 Blackstone Minerals. This is due to cash flow or dividend data being unavailable. The share price is A$0.066.
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 Blackstone Minerals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Blackstone Minerals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:BSX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.06
ASX:BSX Share Price ** ASX (2019-04-18) in AUD A$0.07
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 12.55x
Australia Market PE Ratio Median Figure of 544 Publicly-Listed Companies 16.14x

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

** Primary Listing of Blackstone Minerals.

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

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

= 0.07 ÷ -0.06

-1.11x

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

  • Blackstone Minerals is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Blackstone Minerals is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Blackstone Minerals's expected growth come at a high price?
Raw Data
ASX:BSX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.11x
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 38 Publicly-Listed Metals and Mining Companies 0.65x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.35x

*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 Blackstone Minerals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Blackstone Minerals's assets?
Raw Data
ASX:BSX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.10
ASX:BSX Share Price * ASX (2019-04-18) in AUD A$0.07
Australia Metals and Mining Industry PB Ratio Median Figure of 584 Publicly-Listed Metals and Mining Companies 1.52x
Australia Market PB Ratio Median Figure of 1,676 Publicly-Listed Companies 1.67x
ASX:BSX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.07 ÷ 0.10

0.63x

* Primary Listing of Blackstone Minerals.

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

  • Blackstone Minerals is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Blackstone Minerals'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. Blackstone Minerals 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 Blackstone Minerals 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 Blackstone Minerals 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
1.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Blackstone Minerals expected to grow at an attractive rate?
  • Unable to compare Blackstone Minerals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Blackstone Minerals's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Blackstone Minerals's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:BSX Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.5%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.6%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.1%

*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:BSX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:BSX Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -5 -6
2018-09-30 0 -4 -7
2018-06-30 0 -3 -8
2017-12-31 0 -2 -7
2017-09-30 0 -1 -4
2017-06-30 0 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Blackstone Minerals is high growth as no earnings estimate data is available.
  • Unable to determine if Blackstone Minerals 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:BSX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Blackstone Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:BSX Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.06
2018-09-30 -0.09
2018-06-30 -0.13
2017-12-31 -0.17
2017-09-30 -0.06
2017-06-30 -0.06

*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 Blackstone Minerals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Blackstone Minerals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Blackstone Minerals'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
  3. Blackstone Minerals's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Blackstone Minerals'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.
Blackstone Minerals 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 Blackstone Minerals 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 Blackstone Minerals'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.
  • Blackstone Minerals does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Blackstone Minerals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Blackstone Minerals's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Blackstone Minerals'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 Blackstone Minerals Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:BSX 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 0.13 -5.53 5.54
2018-09-30 0.09 -6.98 6.96
2018-06-30 0.05 -8.44 8.38
2017-12-31 0.04 -6.51 6.45
2017-09-30 0.03 -3.76 3.73
2017-06-30 0.02 -1.04 1.02

*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 Blackstone Minerals has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Blackstone Minerals 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 Blackstone Minerals 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 Blackstone Minerals'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.
Blackstone Minerals 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 Blackstone Minerals'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 Blackstone Minerals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Blackstone Minerals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Blackstone Minerals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Blackstone Minerals'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.
  • Blackstone Minerals has no debt, it does not need to be covered by short term assets.
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 Blackstone Minerals Company Filings, last reported 3 months ago.

ASX:BSX Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 11.35 0.00 1.20
2018-09-30 11.35 0.00 1.20
2018-06-30 12.59 0.00 3.06
2017-12-31 11.97 0.00 2.18
2017-09-30 11.97 0.00 2.18
2017-06-30 4.16 0.00 2.62
  • Blackstone Minerals has no debt.
  • Blackstone Minerals has not taken on any debt in the past 5 years.
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.

  • Blackstone Minerals has less than a year of cash runway based on current free cash flow.
  • Blackstone Minerals has less than a year of cash runway if free cash flow continues to grow at historical rates of 94.3% each year.
X
Financial health checks
We assess Blackstone Minerals'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. Blackstone Minerals has a total score of 4/6, 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 Blackstone Minerals'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 Blackstone Minerals dividends.
If you bought A$2,000 of Blackstone Minerals 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 Blackstone Minerals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Blackstone Minerals'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:BSX 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 36 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 417 Stocks 4.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

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 Blackstone Minerals has not reported any payouts.
  • Unable to verify if Blackstone Minerals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Blackstone Minerals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Blackstone Minerals 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 Blackstone Minerals'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 Blackstone Minerals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Blackstone Minerals 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 Blackstone Minerals'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.
CEO
Scott Williamson
COMPENSATION A$258,656
TENURE AS CEO 1.4 years
CEO Bio

Mr. Scott Williamson is a Managing Director at Blackstone Minerals Limited since October 2017. Mr. Williamson served as Investor Relations Manager at Resolute Mining Limited, where he was responsible for marketing, communications and managing relationships with analysts, stockbrokers and institutional investors. Prior to this, Mr. Williamson served as a Resources Analyst at Hartleys Research from August 2013 to September 2016, responsible for the analysis and valuation of mining equities, advising institutional and sophisticated investors. He has been Director at Blackstone Minerals Limited since October 2017. Mr. Williamson has a unique blend of experience in mining and finance and his corporate and technical expertise. He has over 10 years' experience in the mining and finance sectors across a variety of technical and corporate roles. Mr. Williamson has a background in operations management with experience in gold and base metals projects across Australia and Africa, having worked with major resources companies, mining contractors and small to mid-cap miners. He holds a WA First Class Mine Managers Certificate of Competency. Mr. Williamson is a Mining Engineer with a Bachelor of Commerce degree from the West Australian School of Mines, Curtin University.

CEO Compensation
  • Insufficient data for Scott to compare compensation growth.
  • Scott's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Blackstone Minerals management team in years:

1.8
Average Tenure
  • The average tenure for the Blackstone Minerals management team is less than 2 years, this suggests a new team.
Management Team

Scott Williamson

TITLE
MD & Director
COMPENSATION
A$259K
TENURE
1.4 yrs

Jamie Byrde

TITLE
Joint Company Secretary & CFO
COMPENSATION
A$209K
TENURE
2.1 yrs

Andrew Radonjic

TITLE
Technical Director & Director
COMPENSATION
A$797K
AGE
54

Stuart Owen

TITLE
Exploration Manager
TENURE
2.7 yrs

Mike Naylor

TITLE
Joint Company Secretary
AGE
43
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Blackstone Minerals board of directors in years:

1.5
Average Tenure
45
Average Age
  • The average tenure for the Blackstone Minerals board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hamish Halliday

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$1M
AGE
45
TENURE
2.7 yrs

Scott Williamson

TITLE
MD & Director
COMPENSATION
A$259K
TENURE
1.4 yrs

Andrew Radonjic

TITLE
Technical Director & Director
COMPENSATION
A$797K
AGE
54
TENURE
2.7 yrs

Michael Konnert

TITLE
Non-Executive Director
COMPENSATION
A$30K
TENURE
1.5 yrs

Steve Parsons

TITLE
Non-Executive Director
COMPENSATION
A$979K
AGE
45
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Blackstone Minerals insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
20. Mar 19 Buy DELPHI Unternehmensberatung AG Company 18. Mar 19 18. Mar 19 2,355,000 A$0.09 A$200,176
07. Feb 19 Buy Scott Williamson Individual 06. Feb 19 06. Feb 19 250,000 A$0.07 A$16,500
08. Jan 19 Buy Scott Williamson Individual 04. Jan 19 08. Jan 19 213,566 A$0.11 A$23,492
01. Jan 19 Buy Scott Williamson Individual 24. Dec 18 24. Dec 18 186,434 A$0.11 A$20,508
21. Dec 18 Buy DELPHI Unternehmensberatung AG Company 29. Aug 18 20. Dec 18 2,663,322 A$0.13 A$281,703
21. Dec 18 Buy Deutsche Balaton AG Company 20. Dec 18 20. Dec 18 5,000,000 A$0.10 A$499,999
21. Dec 18 Sell Goldbridge Mining Ltd. Company 12. Jan 18 19. Dec 18 -1,174,251 A$0.50 A$-548,542
X
Management checks
We assess Blackstone Minerals'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. Blackstone Minerals 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

Easy Come, Easy Go: How Blackstone Minerals (ASX:BSX) Shareholders Got Unlucky And Saw 77% Of Their Cash Evaporate

So spare a thought for the long term shareholders of Blackstone Minerals Limited (ASX:BSX); the share price is down a whopping 77% in the last twelve months. … Blackstone Minerals recorded just AU$125,181 in revenue over the last twelve months, which isn't really enough for us to consider it to have a proven product. … It seems likely some shareholders believe that Blackstone Minerals will find or develop a valuable new mine before too long.

Simply Wall St -

What You Must Know About Blackstone Minerals Limited's (ASX:BSX) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Company Info

Description

Blackstone Minerals Limited explores for and develops gold, cobalt, and nickel properties. It primarily holds interests in the Red Gate project, including one granted exploration license covering an area of 145.2 square kilometers located to the northeast of Kalgoorlie, Western Australia; Silver Swan South project, which comprises one exploration license application and six granted prospecting licenses covering an area of 38.5 square kilometers located near Kalgoorlie in the Eastern Goldfields of Western Australia; and the Middle Creek project that consists 22 prospecting license applications covering an area of 39.7 square kilometers located in the Pilbara region of Western Australia. The company also holds interests in the Little Gem project located in British Columbia, Canada; and Cartier project located to the north-east of Quebec, Canada. Blackstone Minerals Limited was incorporated in 2016 and is based in West Perth, Australia.

Details
Name: Blackstone Minerals Limited
BSX
Exchange: ASX
Founded: 2016
A$7,405,514
112,204,766
Website: http://www.blackstoneminerals.com.au
Address: Blackstone Minerals Limited
24 Outram Street,
Suite 3,
West Perth,
Western Australia, 6005,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX BSX Ordinary Shares Australian Securities Exchange AU AUD 23. Jan 2017
Number of employees
Current staff
Staff numbers
0
Blackstone Minerals employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 10:35
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.