TSXV:BAT

Stock Analysis Report

Executive Summary

Batero Gold Corp. engages in the exploration and development of mineral properties in Colombia.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Batero Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BAT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-7.7%

BAT

3.3%

CA Metals and Mining

0.1%

CA Market


1 Year Return

-14.3%

BAT

25.7%

CA Metals and Mining

12.6%

CA Market

Return vs Industry: BAT underperformed the Canadian Metals and Mining industry which returned 25.7% over the past year.

Return vs Market: BAT underperformed the Canadian Market which returned 12.6% over the past year.


Shareholder returns

BATIndustryMarket
7 Day-7.7%3.3%0.1%
30 Day0%4.7%-0.3%
90 Day-14.3%1.7%0.3%
1 Year-14.3%-14.3%26.7%25.7%16.3%12.6%
3 Year-25.0%-25.0%17.1%14.9%16.1%5.4%
5 Year-45.5%-45.5%39.0%34.6%33.9%14.0%

Price Volatility Vs. Market

How volatile is Batero Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Batero Gold undervalued compared to its fair value and its price relative to the market?

0.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BAT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BAT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BAT is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BAT is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Batero Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

Forecasted Materials 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 Batero Gold 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 Batero Gold performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAT is currently unprofitable.

Growing Profit Margin: BAT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BAT is unprofitable, but has reduced losses over the past 5 years at a rate of 4.8% per year.

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

Earnings vs Industry: BAT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (4.1%).


Return on Equity

High ROE: BAT has a negative Return on Equity (-7.55%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Batero Gold's financial position?


Financial Position Analysis

Short Term Liabilities: BAT's short term assets (CA$8.0M) exceed its short term liabilities (CA$124.9K).

Long Term Liabilities: BAT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BAT is debt free.

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


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if BAT'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: BAT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BAT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 19% each year


Next Steps

Dividend

What is Batero Gold's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if BAT'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 BAT'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 Batero Gold's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Gonzalo de Losada 0

2.5yrs

Tenure

0

Mr. Gonzalo de Losada serves as President, CEO & Director at Batero Gold Corporation since June 22, 2017 and serves as its Chairman. Mr. de Losada is an Economist from the Universidad del Pacifico (Peru),  ...


Management Age and Tenure

2.5yrs

Average Tenure

Experienced Management: BAT's management team is considered experienced (2.5 years average tenure).


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Roger Moss (55yo)

    Consultant & Technical Advisor

    • Tenure: 4.2yrs
  • Darren Anderson

    QA/QC Consultant

    • Tenure: 0yrs
  • Gonzalo de Losada

    Chairman

    • Tenure: 2.5yrs
  • Patricia Barbotto

    Chief Financial Officer

    • Tenure: 0.3yrs

Board Members

  • Len Harris (92yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Ernesto Bendezu Flores

    Independent Director

    • Tenure: 4.8yrs
  • Juan David Hurtado

    Independent Director

    • Tenure: 6.9yrs
  • Gonzalo de Losada

    Chairman

    • Tenure: 2.5yrs

Company Information

Batero Gold Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Batero Gold Corp.
  • Ticker: BAT
  • Exchange: TSXV
  • Founded: 2008
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$6.911m
  • Shares outstanding: 115.18m
  • Website: https://baterogold.com

Number of Employees


Location

  • Batero Gold Corp.
  • 2 Toronto Street
  • Suite 230
  • Toronto
  • Ontario
  • M5C 2B5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BATTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2009
68BDB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2009
BELD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2009

Biography

Batero Gold Corp. engages in the exploration and development of mineral properties in Colombia. The company explores for gold, silver, copper, and precious and base metal deposits. Its principal project is ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/16 00:20
End of Day Share Price2019/12/11 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.