TSXV:BCK

Stock Analysis Report

Blind Creek Resources

Executive Summary

Blind Creek Resources Ltd., an exploration stage junior mining company, engages in the identification, acquisition, exploration, and development of mineral properties in British Columbia and the Yukon Territory, Canada.


Snowflake Analysis

Acceptable track record and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

11.1%

BCK

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

0%

BCK

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: BCK underperformed the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: BCK underperformed the Canadian Market which returned 2.5% over the past year.


Shareholder returns

BCKIndustryMarket
7 Day11.1%3.5%-1.5%
30 Day11.1%5.0%-0.7%
90 Day42.9%14.3%1.8%
1 Year0%0%7.5%6.8%5.7%2.5%
3 Year-76.2%-76.2%2.8%1.0%16.8%6.2%
5 Year-16.7%-16.7%29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Blind Creek Resources undervalued compared to its fair value and its price relative to the market?

3.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BCK is good value based on its PE Ratio (3.2x) compared to the Metals and Mining industry average (16.8x).

PE vs Market: BCK is good value based on its PE Ratio (3.2x) compared to the Canadian market (16x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BCK is overvalued based on its PB Ratio (1.6x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.0%

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 Blind Creek 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 Blind Creek Resources performed over the past 5 years?

45.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCK has a high level of non-cash earnings.

Growing Profit Margin: BCK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BCK has become profitable over the past 5 years, growing earnings by 45.3% per year.

Accelerating Growth: BCK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BCK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: BCK's Return on Equity (49%) is considered outstanding.


Next Steps

Financial Health

How is Blind Creek Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BCK's short term assets (CA$5.5K) do not cover its short term liabilities (CA$995.8K).

Long Term Liabilities: BCK has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BCK's debt to equity ratio (77.3%) is considered high.

Reducing Debt: BCK's debt to equity ratio has increased from 60.2% to 77.3% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: BCK's debt is not covered by short term assets (assets are 0x debt).


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: BCK is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: BCK is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Blind Creek Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BCK'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 BCK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BCK'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 BCK'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?

2.8yrs

Average management tenure


CEO

Tom Kennedy (68yo)

4.5yrs

Tenure

CA$84,000

Compensation

Mr. Thomas John Kennedy, also known as Tom, B.Com, LL.B, J.D., serves as Chief Executive Officer and also serves as Director since January 17, 2018 at Engineer Gold Mines Ltd. Mr. Kennedy has been the Chie ...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD63.29K) is below average for companies of similar size in the Canadian market ($USD154.48K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Kennedy
CEO, Secretary & Director4.5yrsCA$84.00kno data
Brian Fowler
President & Director1.8yrsCA$95.00k3.48% CA$31.8k
Dale Dobson
Chief Financial Officer2.1yrsCA$27.29kno data

2.8yrs

Average Tenure

Experienced Management: BCK's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Kennedy
CEO, Secretary & Director4.5yrsCA$84.00kno data
Brian Fowler
President & Director1.8yrsCA$95.00k3.48% CA$31.8k
Glen MacDonald
Independent Director3.8yrsno datano data
Andrew Rees
Independent Director12.1yrsno data1.46% CA$13.3k

6.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: BCK's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BCK insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Blind Creek Resources Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blind Creek Resources Ltd.
  • Ticker: BCK
  • Exchange: TSXV
  • Founded: 2004
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$912.696k
  • Shares outstanding: 26.08m
  • Website: https://www.blindcreekresources.com

Location

  • Blind Creek Resources Ltd.
  • 750 West Pender Street
  • Suite 804
  • Vancouver
  • British Columbia
  • V6C 2T7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCKTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2011
BCW1DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2011

Biography

Blind Creek Resources Ltd., an exploration stage junior mining company, engages in the identification, acquisition, exploration, and development of mineral properties in British Columbia and the Yukon Territory, Canada. The company explores for silver, gold, lead, zinc, and copper deposits. Its flagship project is the 100% owned Blende property located in the Mayo Mining District of the Yukon Territory. The company was incorporated in 2004 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:05
End of Day Share Price2020/02/24 00:00
Earnings2019/08/31
Annual Earnings2018/11/30


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.