How does BSX's PB Ratio compare to its peers?

BSX is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (0.9x).

How does BSX's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

BSX is good value based on its Price-To-Book Ratio (0.7x) compared to the Australian Metals and Mining industry average (1.1x).

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.

Insufficient data to calculate BSX's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of BSX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate BSX's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Blackstone Minerals (CHIA:BSX) - Stock Price, News & Analysis

BSX Stock Overview

Engages in the exploration of mineral properties in North America, Vietnam, and Australia. More details

BSX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (A$14M)

Earnings have declined by 31% per year over past 5 years

Volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

Blackstone Minerals Limited Competitors

Zenith Minerals

ASX:ZNC

AU$15.6m

Stavely Minerals

ASX:SVY

AU$12.0m

Elementos

ASX:ELT

AU$15.1m

WestStar Industrial

ASX:WSI

AU$13.0m

Price History & Performance

Summary of all time highs, changes and price drops for Blackstone Minerals
Historical stock prices
Current Share Price	AU$0.027
52 Week High	AU$0.09
52 Week Low	AU$0.027
Beta	1.45
11 Month Change	-22.86%
3 Month Change	-30.77%
1 Year Change	-69.66%
33 Year Change	-95.26%
5 Year Change	-79.23%
Change since IPO	-89.81%

Recent updates

Shareholder Returns

	BSX	AU Metals and Mining	AU Market
7D	0%	1.6%	0.9%
1Y	-69.7%	-10.8%	18.4%

Return vs Industry: BSX underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: BSX underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is BSX's price volatile compared to industry and market?
BSX volatility
BSX Average Weekly Movement	16.6%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: BSX's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: BSX's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2016	n/a	Scott Williamson	www.blackstoneminerals.com.au

Blackstone Minerals Limited engages in the exploration of mineral properties in North America, Vietnam, and Australia. The company primarily explores for nickel, cobalt, copper, gold, and manganese deposits. It holds a 100% interest in the Gold Bridge project that covers an area of approximately 367 square kilometers located in British Columbia, Canada.

Blackstone Minerals Limited Fundamentals Summary

How do Blackstone Minerals's earnings and revenue compare to its market cap?
BSX fundamental statistics
Market cap	AU$14.33m
Earnings (TTM)	-AU$16.80m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-0.9x

P/E Ratio

Is BSX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BSX income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$16.80m
Earnings	-AU$16.80m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.032
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	6.2%

How did BSX perform over the long term?

See historical performance and comparison

BSX Stock Overview

Risk Analysis

Blackstone Minerals Limited Competitors

ASX:ZNC

AU$15.6m

ASX:SVY

AU$12.0m

ASX:ELT

AU$15.1m

ASX:WSI

AU$13.0m

Price History & Performance

Recent News & Updates

New major risk - Market cap size

Blackstone Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.981449 million.

Blackstone Minerals Limited, Annual General Meeting, Nov 25, 2024

New minor risk - Financial data availability

New major risk - Share price stability

New major risk - Market cap size

Recent updates

New major risk - Market cap size

Blackstone Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 3.981449 million.

Blackstone Minerals Limited, Annual General Meeting, Nov 25, 2024

New minor risk - Financial data availability

New major risk - Share price stability

New major risk - Market cap size

New minor risk - Share price stability

An unknown buyer acquired a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) for AUD 0.8 million

An unknown buyer acquired a 28.98% stake in Codrus Minerals Limited (ASX:CDR) from Blackstone Minerals Limited (ASX:BSX) for AUD 0.8 million

New minor risk - Share price stability

Blackstone Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3.28754 million.

New minor risk - Shareholder dilution

New major risk - Financial position

Blackstone Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.20253 million.

Blackstone Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.20253 million.

Blackstone Minerals Limited, Annual General Meeting, Nov 29, 2023

New major risk - Revenue and earnings growth

New major risk - Financial position

Forecast to breakeven in 2025

Blackstone Minerals Limited Announces Board Changes

Blackstone Minerals Limited Provides Ta Khoa Drilling Update

Blackstone Minerals Limited Provides an Update on Its Metallurgical Test Work Programme That Has Validated the Process for the Ta Khoa Refinery Project

Forecast to breakeven in 2025

Blackstone Minerals Limited Appoints Dan Lougher as Non- Executive Director

Blackstone Minerals Limited, Annual General Meeting, Nov 23, 2022

Blackstone Minerals Limited Provides Updates on Exploration Progress at Its Gold Bridge Au and Ni-Co Project in British Columbia

Blackstone Minerals Limited Announces Results from an Independent Life Cycle Assessment At Nickel Sulphide Project

Forecast to breakeven in 2025

Blackstone Minerals Limited Provides Ta Khoa Nickel Project Test Work Update

Blackstone Minerals Limited Announces Ta Khoa Project Development Update

Forecast to breakeven in 2025

Insider recently bought AU$877k worth of stock

Blackstone Minerals Limited Provides an Update on Drilling At the Company's Flagship Ta Khoa Nickel Project in Northern Vietnam

Blackstone Minerals Limited Announces the Appointment of Mitchell Thomas as Chief Financial Officer Commencing in July 2022

Less than half of directors are independent

Blackstone Minerals Limited Announces Drilling to Commence at Chim Van Target

Blackstone Minerals Limited Informs to Commence Ta Khoa Refinery Piloting

Blackstone Minerals Limited Provides Mineral Resource Update for Ta Khoa Nickel Project in Northern Vietnam

Blackstone Minerals Limited Announces First Drill Hole At Jewel Intersects Cu, Ni and Co Sulfide

Less than half of directors are independent

Full year 2021 earnings released: AU$0.047 loss per share (vs AU$0.041 loss in FY 2020)

Blackstone Completes Ta Khoa Refinery Pre-Feasibilty Study

Blackstone Minerals Limited Reports Production of its First Batch of Battery Grade Nickel: Cobalt: Manganese 811 Precursor Sample

Blackstone Minerals Ltd Produces the First Batch of Battery-Grade Nickel:Cobalt:Manganese 811 (Ncm811) Precursor Sample

Blackstone Minerals Limited Commences Green Hydrogen Study

Blackstone Minerals Limited Reports That Further Assay Results Have Been Received from Drilling At Its King Snake Massive Sulfide Vein Prospect

Blackstone Minerals Limited Announces Excellent Recoveries of Palladium, Platinum and Rhodium from Downstream Processing Test Work

Non Executive Director has left the company

Blackstone Minerals Limited Announces Assay Results, Including Some of the Maiden Drill Holes Completed At King Snake

Blackstone Minerals Limited Continues to Intersect Massive Sulfide Vein Mineralization at King Snake

New 90-day high: AU$0.55

Blackstone Minerals Limited Announces to Report That It Has Hit Massive Sulfide Vein Mineralisation in Multiple Drill Holes from Its Maiden Exploration Program At the King Snake Prospect

Blackstone Minerals Limited Signs Non-Binding LOI with Trafigura Pte Ltd for the Potential Supply of Nickel and Cobalt Products

New 90-day high: AU$0.46

Blackstone Minerals Limited Announces Management Changes

MD & Director recently bought AU$69k worth of stock

New 90-day low: AU$0.33

Blackstone Minerals Limited Announces Executive Appointments

Blackstone Minerals Completes Scoping Study at Ta Khoa Nickel-Cu-PGE Project in Vietnam

Full year earnings released - AU$0.041 loss per share