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.

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%

BDR

0.6%

CA Oil and Gas

0.2%

CA Market


1 Year Return

n/a

BDR

-12.0%

CA Oil and Gas

1.2%

CA Market

Return vs Industry: Insufficient data to determine how BDR performed against the Canadian Oil and Gas industry.

Return vs Market: Insufficient data to determine how BDR performed against the Canadian Market.


Shareholder returns

BDRIndustryMarket
7 Day0%0.6%0.2%
30 Day-50.0%-6.4%-2.5%
90 Day-75.0%-3.9%-1.5%
1 Yearn/a-8.1%-12.0%4.7%1.2%
3 Year-90.0%-90.0%-16.3%-24.9%14.0%3.8%
5 Yearn/a-21.8%-33.6%26.4%8.1%

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 compared to its fair value and its price relative to the market?

0.073x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate BDR's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate BDR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BDR is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: BDR is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate BDR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BDR is good value based on its PB Ratio (0.1x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

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

-3.1%

Forecasted Energy 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

Earnings Trend: BDR is unprofitable, and losses have increased over the past 5 years at a rate of -50.5% per year.

Accelerating Growth: Unable to compare BDR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BDR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (62.2%).


Return on Equity

High ROE: BDR has a negative Return on Equity (-9.27%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: BDR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BDR is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Bird River Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BDR's short term assets (CA$638.8K) do not cover its short term liabilities (CA$796.3K)

Long Term Liabilities: BDR's short term assets (638.8K) do not cover its long term liabilities (1.2M)


Debt to Equity History and Analysis

Debt Level: BDR is debt free.

Reducing Debt: BDR has not had any debt for past 5 years.


Balance Sheet

Inventory Level: BDR has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BDR's debt is 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.

Stable Cash Runway: BDR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BDR has less than a year of cash runway if free cash flow continues to reduce 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 vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BDR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BDR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BDR'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 BDR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


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?

2.1yrs

Average board tenure


CEO

Jon Bridgman 0

2.1yrs

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

Compensation vs. Market: Jon's total compensation ($USD16.30K) is too low to compare against companies of similar size in the Canadian market ($USD121.38K).

Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

2.1yrs

Average Tenure

Experienced Board: BDR's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ed Thompson

    Secretary

    • Tenure: 21.8yrs
    • Compensation: CA$2.50k
  • Jon Bridgman

    Chairman & CEO

    • Tenure: 2.1yrs
    • Compensation: CA$21.50k
  • John Tokarsky

    Chief Financial Officer

    • Tenure: 2.1yrs
    • Compensation: CA$22.00k
  • Howard Blacker

    Chief Financial Officer of High Point Oil Inc.

    • Tenure: 0yrs

Board Members

  • Ed Thompson

    Secretary

    • Tenure: 21.8yrs
    • Compensation: CA$2.50k
  • Jon Bridgman

    Chairman & CEO

    • Tenure: 2.1yrs
    • Compensation: CA$21.50k
  • David Walters

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: CA$2.50k
  • Ty Pfeifer

    Director

    • Tenure: 1.7yrs
    • Compensation: CA$83.00k
  • Don Carroll

    Independent Director

    • Tenure: 2.1yrs
    • 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$580.011k
  • Shares outstanding: 116.00m
  • Website: https://birdriverresources.com

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 Analysis2019/10/17 00:25
End of Day Share Price2019/10/09 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.