| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
BSX Overview
Blackstone Minerals Limited engages in the exploration and development of mineral properties.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.58 |
| 52 Week High | AU$0.32 |
| 52 Week Low | AU$0.63 |
| Beta | 1.52 |
| 1 Month Change | 28.57% |
| 3 Month Change | 28.57% |
| 1 Year Change | 51.95% |
| 3 Year Change | 431.82% |
| 5 Year Change | n/a |
| Change since IPO | 185.37% |
Recent News & Updates
Shareholder Returns
| BSX | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 7.3% | -0.3% | 0.7% |
| 1Y | 51.9% | 12.5% | 21.4% |
Return vs Industry: BSX exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: BSX exceeded the Australian Market which returned 21.1% over the past year.
Price Volatility
| BSX volatility | |
|---|---|
| BSX Beta | 1.52 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: BSX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: BSX's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | n/a | Scott Williamson | https://www.blackstoneminerals.com.au |
Blackstone Minerals Limited engages in the exploration and development of mineral properties. The company primarily explores for nickel, cobalt, copper, and gold deposits, as well as platinum group elements. It holds a 100% interest in the Gold Bridge project located in British Columbia, Canada; and the Cartier project situated in Quebec City, Canada.
Blackstone Minerals Fundamentals Summary
| BSX fundamental statistics | |
|---|---|
| Market Cap | AU$199.74m |
| Earnings (TTM) | -AU$14.46m |
| Revenue (TTM) | AU$77.25k |
2.7kx
P/S Ratio-13.8x
P/E RatioIs BSX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BSX income statement (TTM) | |
|---|---|
| Revenue | AU$77.25k |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$77.25k |
| Expenses | AU$14.54m |
| Earnings | -AU$14.46m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.042 |
| Gross Margin | 100.00% |
| Net Profit Margin | -18,718.01% |
| Debt/Equity Ratio | 0% |
How did BSX perform over the long term?
See historical performance and comparisonValuation
Is Blackstone Minerals undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BSX (A$0.59) is trading below our estimate of fair value (A$46.96)
Significantly Below Fair Value: BSX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BSX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: BSX 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 BSX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BSX is overvalued based on its PB Ratio (6.7x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Blackstone Minerals forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
51.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BSX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BSX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BSX's revenue (71.2% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: BSX's revenue (71.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSX is forecast to be unprofitable in 3 years.
Past Performance
How has Blackstone Minerals performed over the past 5 years?
-29.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSX is currently unprofitable.
Growing Profit Margin: BSX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BSX is unprofitable, and losses have increased over the past 5 years at a rate of 29.6% per year.
Accelerating Growth: Unable to compare BSX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BSX 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: BSX has a negative Return on Equity (-56.9%), as it is currently unprofitable.
Financial Health
How is Blackstone Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: BSX's short term assets (A$22.9M) exceed its short term liabilities (A$4.9M).
Long Term Liabilities: BSX's short term assets (A$22.9M) exceed its long term liabilities (A$2.8M).
Debt to Equity History and Analysis
Debt Level: BSX's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BSX's debt to equity ratio has reduced over the 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: BSX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BSX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 45.7% each year
Dividend
What is Blackstone Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSX'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 BSX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSX'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 BSX'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?
3.9yrs
Average management tenure
CEO
Scott Williamson
3.92yrs
Tenure
AU$382,144
Compensation
Mr. Scott Williamson, BEng (Mining) BCom, MAusIMM, is Managing Director and Executive Director at Blackstone Minerals Limited since November 6, 2017. Mr. Williamson served as Investor Relations Manager at...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD286.19K) is about average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BSX's management team is considered experienced (3.9 years average tenure).
Board Members
Experienced Board: BSX's board of directors are considered experienced (3.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.
Top Shareholders
Company Information
Blackstone Minerals Limited's employee growth, exchange listings and data sources
Key Information
- Name: Blackstone Minerals Limited
- Ticker: BSX
- Exchange: ASX
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Market Cap: AU$199.738m
- Shares outstanding: 341.43m
- Website: https://www.blackstoneminerals.com.au
Location
- Blackstone Minerals Limited
- 24 Outram Street
- Suite 3
- West Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 18:15 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.