Executive Summary
Batero Gold Corp. engages in the exploration and development of mineral properties in Colombia. More Details
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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: BAT's weekly volatility has decreased from 22% to 11% over the past year.
Market Performance
7 Day Return
0%
BAT
-2.3%
CA Metals and Mining
2.7%
CA Market
1 Year Return
72.7%
BAT
36.5%
CA Metals and Mining
0.5%
CA Market
Return vs Industry: BAT exceeded the Canadian Metals and Mining industry which returned 36.5% over the past year.
Return vs Market: BAT exceeded the Canadian Market which returned 0.5% over the past year.
Shareholder returns
| BAT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -2.3% | 2.7% |
| 30 Day | -17.4% | -3.9% | 12.3% |
| 90 Day | -5.0% | -12.1% | 6.1% |
| 1 Year | 72.7%72.7% | 37.7%36.5% | 4.2%0.5% |
| 3 Year | 18.8%18.8% | 42.3%39.3% | 12.8%1.9% |
| 5 Year | 58.3%58.3% | 131.7%124.7% | 49.7%26.8% |
Long-Term 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
6 months ago | Simply Wall St
We're Hopeful That Batero Gold (CVE:BAT) Will Use Its Cash Wisely8 months ago | Simply Wall St
What Kind Of Shareholder Owns Most Batero Gold Corp. (CVE:BAT) Stock?10 months ago | Simply Wall St
We're Hopeful That Batero Gold (CVE:BAT) Will Use Its Cash WiselyValuation
Is Batero Gold undervalued compared to its fair value and its price relative to the market?
0.68x
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 CA 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 (0.7x) compared to the CA Metals and Mining industry average (2.6x).
Next Steps
Future Growth
How is Batero Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.6%
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
- Examine Batero Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Batero Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Batero Gold performed over the past 5 years?
3.1%
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 3.1% 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 (93.2%).
Return on Equity
High ROE: BAT has a negative Return on Equity (-10.99%), as it is currently unprofitable.
Next Steps
Financial Health
How is Batero Gold's financial position?
Financial Position Analysis
Short Term Liabilities: BAT's short term assets (CA$6.1M) exceed its short term liabilities (CA$188.2K).
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
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 2.3 years if free cash flow continues to grow at historical rates of 0.9% each year.
Next Steps
Dividend
What is Batero Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BAT'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 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
How experienced are the management team and are they aligned to shareholders interests?
CEO
Gonzalo de Losada
3.42yrs
Tenure
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), ...
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
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.
Top Shareholders
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$10.942m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BAT | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Feb 2009 |
| 68B | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Feb 2009 |
| BELD.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Feb 2009 |
Biography
Batero Gold Corp. engages in the exploration and development of mineral properties in Colombia. It primarily explores for gold, copper, and silver deposits. The company owns a 100% interest in the Batero-Q...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/29 00:03 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/05/31 |
| Annual Earnings | 2019/08/31 |
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.