Blackstone Minerals Limited explores for and develops mineral properties. More Details
High growth potential with adequate balance sheet.
Share Price & News
How has Blackstone Minerals's share price performed over time and what events caused price changes?
Latest Share Price and Events
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 has decreased from 14% to 9% over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: BSX exceeded the Australian Metals and Mining industry which returned 22.2% over the past year.
Return vs Market: BSX exceeded the Australian Market which returned 1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Blackstone Minerals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StHow Much Is Blackstone Minerals' (ASX:BSX) CEO Getting Paid?
1 month ago | Simply Wall StInsider Buying: The Blackstone Minerals Limited (ASX:BSX) MD & Director Just Bought 2.9% More Shares
1 month ago | Simply Wall StWe're Keeping An Eye On Blackstone Minerals' (ASX:BSX) Cash Burn Rate
Is Blackstone Minerals undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BSX (A$0.37) is trading below our estimate of fair value (A$0.45)
Significantly Below Fair Value: BSX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BSX is unprofitable, so we can't compare its PE Ratio to the AU 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 (5.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Blackstone Minerals forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: BSX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BSX's is expected to become profitable in the next 3 years.
Revenue vs Market: BSX's revenue (118.3% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: BSX's revenue (118.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSX's Return on Equity is forecast to be low in 3 years time (15.2%).
How has Blackstone Minerals performed over the past 5 years?
Last years 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: Insufficient data to determine if BSX's year-on-year earnings growth rate was positive over the past 5 years.
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 (38%).
Return on Equity
High ROE: BSX has a negative Return on Equity (-44.19%), as it is currently unprofitable.
How is Blackstone Minerals's financial position?
Financial Position Analysis
Short Term Liabilities: BSX's short term assets (A$9.0M) exceed its short term liabilities (A$7.9M).
Long Term Liabilities: BSX's short term assets (A$9.0M) exceed its long term liabilities (A$3.1M).
Debt to Equity History and Analysis
Debt Level: BSX is debt free.
Reducing Debt: BSX has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BSX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BSX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.4% each year
What is Blackstone Minerals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BSX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BSX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Scott Williamson, BEng (Mining) BCom, MAusIMM, is Managing Director and Director at Blackstone Minerals Limited since November 6, 2017. Mr. Williamson served as Investor Relations Manager at Resolute M...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD480.64K) is above average for companies of similar size in the Australian market ($USD281.85K).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
|MD & Director||3.08yrs||AU$645.84k||2.25% |
|Company Secretary & CFO||3.75yrs||AU$105.70k||0.047% |
|Head of Corporate Development||0.42yr||no data||no data|
|Head of Exploration||4.33yrs||no data||0% |
|Head of Project Development - Ta Khoa Nickel-Cu-PGE Project in Vietnam||0.17yr||no data||no data|
Experienced Management: BSX's management team is considered experienced (3.1 years average tenure).
|MD & Director||3.08yrs||AU$645.84k||2.25% |
|Independent Non-Executive Chairman||4.33yrs||AU$560.02k||3.58% |
|Non-Executive Director||4.33yrs||AU$363.10k||1.8% |
|Independent Non-Executive Director||3.17yrs||AU$223.71k||2.69% |
|Non-Executive Director||0.67yr||AU$10.97k||no data|
Experienced Board: BSX's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BSX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 67.1%.
Blackstone Minerals Limited's company bio, employee growth, exchange listings and data sources
- Name: Blackstone Minerals Limited
- Ticker: BSX
- Exchange: ASX
- Founded: 2016
- Industry: Gold
- Sector: Materials
- Market Cap: AU$115.320m
- Shares outstanding: 320.33m
- Website: https://www.blackstoneminerals.com.au
- Blackstone Minerals Limited
- 24 Outram Street
- Suite 3
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BSX||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 2017|
|BSX||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 2017|
|B9S||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 2017|
Blackstone Minerals Limited explores for and develops mineral properties. The company primarily explores for nickel, cobalt, copper, and gold deposits. It holds 100% interest in the Ta Khoa Nickel project ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 07:10|
|End of Day Share Price||2020/12/04 00:00|
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.