BSX Stock Overview
Blackstone Minerals Limited engages in the exploration and development of mineral properties.
Blackstone Minerals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.28|
|52 Week High||AU$0.84|
|52 Week Low||AU$0.17|
|1 Month Change||60.00%|
|3 Month Change||-3.45%|
|1 Year Change||-38.46%|
|3 Year Change||180.00%|
|5 Year Change||12.00%|
|Change since IPO||36.59%|
Recent News & Updates
|BSX||AU Metals and Mining||AU Market|
Return vs Industry: BSX underperformed the Australian Metals and Mining industry which returned -14.4% over the past year.
Return vs Market: BSX underperformed the Australian Market which returned -8.5% over the past year.
|BSX Average Weekly Movement||14.0%|
|Metals and Mining Industry Average Movement||12.4%|
|Market Average Movement||10.6%|
|10% most volatile stocks in AU Market||18.1%|
|10% least volatile stocks in AU Market||4.6%|
Stable Share Price: BSX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: BSX's weekly volatility (14%) has been stable over the past year.
About the Company
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|
Is BSX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSX income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.041|
|Net Profit Margin||-27,554.07%|
How did BSX perform over the long term?See historical performance and comparison
Is BSX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BSX?
Other financial metrics that can be useful for relative valuation.
|What is BSX's n/a Ratio?|
Price to Book Ratio vs Peers
How does BSX's PB Ratio compare to its peers?
|BSX PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
JRL Jindalee Resources
ESS Essential Metals
STM Sunstone Metals
BSX Blackstone Minerals
Price-To-Book vs Peers: BSX is good value based on its Price-To-Book Ratio (1.6x) compared to the peer average (4.8x).
Price to Earnings Ratio vs Industry
How does BSX's PE Ratio compare vs other companies in the AU Metals and Mining Industry?
Price-To-Book vs Industry: BSX is good value based on its Price-To-Book Ratio (1.6x) compared to the Australian Metals and Mining industry average (2.1x)
Price to Book Ratio vs Fair Ratio
What is BSX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||1.6x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate BSX's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of BSX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BSX (A$0.28) is trading below our estimate of fair value (A$2.59)
Significantly Below Fair Value: BSX is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Blackstone Minerals forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.8%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: BSX's revenue (20.1% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: BSX's revenue (20.1% 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.
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How has Blackstone Minerals performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 34.5% 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 (57.3%).
Return on Equity
High ROE: BSX has a negative Return on Equity (-29.17%), as it is currently unprofitable.
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How is Blackstone Minerals's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: BSX's short term assets (A$62.0M) exceed its short term liabilities (A$4.7M).
Long Term Liabilities: BSX's short term assets (A$62.0M) exceed its long term liabilities (A$2.7M).
Debt to Equity History and Analysis
Debt Level: BSX is debt free.
Reducing Debt: BSX had no debt 5 years ago.
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: Insufficient data to determine if BSX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is Blackstone Minerals's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BSX has not reported any payouts.
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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 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 ($USD271.43K) is about average for companies of similar size in the Australian market ($USD285.66K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Experienced Management: BSX's management team is considered experienced (3.2 years average tenure).
Experienced Board: BSX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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 diluted in the past year, with total shares outstanding growing by 42.1%.
Blackstone Minerals Limited's employee growth, exchange listings and data sources
- Name: Blackstone Minerals Limited
- Ticker: BSX
- Exchange: ASX
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$132.005m
- Shares outstanding: 471.45m
- Website: https://www.blackstoneminerals.com.au
- Blackstone Minerals Limited
- 600 Murray Street
- Level 5
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.