CNSX:BDR

Stock Analysis Report

Bird River Resources

Executive Summary

Bird River Resources Inc., a junior natural resource exploration company, engages in the acquisition and exploration of petroleum and natural gas properties in Canada.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Risks

  • Bird River Resources has significant price volatility in the past 3 months.
  • Bird River Resources is not covered by any analysts.

Share Price & News

How has Bird River Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CNSX:BDR

-1.4%

CA Oil and Gas

-1.4%

CA Market


1 Year Return

n/a

CNSX:BDR

-21.8%

CA Oil and Gas

-4.4%

CA Market

No trading data on BDR.

No trading data on BDR.


Share holder returns

BDRIndustryMarket
7 Day0%-1.4%-1.4%
30 Day0%-7.0%-2.7%
90 Day-25.0%-12.5%-3.1%
1 Yearn/a-18.4%-21.8%-1.0%-4.4%
3 Year-70.0%-70.0%-15.2%-23.6%13.4%3.4%
5 Yearn/a-34.5%-44.0%12.5%-3.3%

Price Volatility Vs. Market

How volatile is Bird River Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bird River Resources undervalued based on future cash flows and its price relative to the stock market?

0.22x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Bird River Resources to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Bird River Resources to establish if it is available at substantial discount.


Price Based on Earnings

Bird River Resources is loss making, we can't compare its value to the CA Oil and Gas industry average.

Bird River Resources is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Bird River Resources, we can't assess if its growth is good value.


Price Based on Value of Assets

Bird River Resources is good value based on assets compared to the CA Oil and Gas industry average.


Next Steps

Future Growth

How is Bird River Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-4.5%

Forecasted Oil and Gas industry annual growth in earnings


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 Bird River Resources 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bird River Resources performed over the past 5 years?

-50.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bird River Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Bird River Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Bird River Resources's 1-year growth to the CA Oil and Gas industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Bird River Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Bird River Resources has efficiently used its assets last year compared to the CA Oil and Gas industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Bird River Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Bird River Resources's financial position?


Financial Position Analysis

Bird River Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Bird River Resources's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Bird River Resources has no debt.

Bird River Resources has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

Bird River Resources has no debt, it does not need to be covered by short term assets.


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.

Bird River Resources has less than a year of cash runway based on current free cash flow.

Bird River Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 117.1% each year.


Next Steps

Dividend

What is Bird River Resources's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Bird River Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Bird River Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Bird River Resources has not reported any payouts.

Unable to verify if Bird River Resources's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Bird River Resources 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.


Next Steps

Management

What is the CEO of Bird River Resources's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average board tenure


CEO

Jon Bridgman

1.9yrs

Tenure

CA$21,500

Compensation

Mr. John Bridgman, also known as has been Chief Financial Officer of Lakefield Marketing Corp since November 15, 2005 and serves as its Director since November 15, 2005. Mr. Bridgman serves as Chief Execut ...


CEO Compensation Analysis

Jon's remuneration is lower than average for companies of similar size in Canada.

Jon's compensation has increased whilst company is loss making.


Board Age and Tenure

1.9yrs

Average Tenure

The average tenure for the Bird River Resources board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Ed Thompson

    Secretary

    • Compensation: CA$2.50k
  • Jon Bridgman

    Chairman & CEO

    • Tenure: 1.9yrs
    • Compensation: CA$21.50k
  • John Tokarsky

    Chief Financial Officer

    • Tenure: 1.9yrs
    • Compensation: CA$22.00k
  • Howard Blacker

    Chief Financial Officer of High Point Oil Inc.


Board Members

  • Ed Thompson

    Secretary

    • Tenure: 21.6yrs
    • Compensation: CA$2.50k
  • Jon Bridgman

    Chairman & CEO

    • Compensation: CA$21.50k
  • David Walters

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: CA$2.50k
  • Ty Pfeifer

    Director

    • Tenure: 1.5yrs
    • Compensation: CA$83.00k
  • Don Carroll

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: CA$41.00k

Company Information

Bird River Resources Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bird River Resources Inc.
  • Ticker: BDR
  • Exchange: CNSX
  • Founded: 1958
  • Industry: oil and gas exploration and production
  • Sector: energy
  • Market Cap: CA$1.740m
  • Shares outstanding: 116.00m
  • Website: Click here

Location

  • Bird River Resources Inc.
  • 1059 Selkirk Avenue
  • Winnipeg
  • Manitoba
  • R2X 0C2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BDRCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2015
1Q1DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2015

Biography

Bird River Resources Inc., a junior natural resource exploration company, engages in the acquisition and exploration of petroleum and natural gas properties in Canada. It holds joint venture interests in 1 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 00:56
End of Day Share Price2019/07/30 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


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.