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Blind Creek Resources

TSXV:BCK
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BCK
TSXV
CA$1M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

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 last earnings update was 144 days ago. More info.


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  • Blind Creek Resources has significant price volatility in the past 3 months.
BCK Share Price and Events
7 Day Returns
0%
TSXV:BCK
-0.3%
CA Metals and Mining
0.5%
CA Market
1 Year Returns
-80.4%
TSXV:BCK
-5.4%
CA Metals and Mining
0.9%
CA Market
BCK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Blind Creek Resources (BCK) 0% -10% 50% -80.4% -10% -70%
CA Metals and Mining -0.3% 0.9% 12.2% -5.4% 14.5% -18.7%
CA Market 0.5% 1.7% 14.2% 0.9% 17.2% 6.3%
1 Year Return vs Industry and Market
  • BCK underperformed the Metals and Mining industry which returned -5.4% over the past year.
  • BCK underperformed the Market in Canada which returned 0.9% over the past year.
Price Volatility
BCK
Industry
5yr Volatility vs Market

BCK Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Blind Creek Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.045.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Blind Creek Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Blind Creek Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BCK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-08-31) in CAD CA$-0.03
TSXV:BCK Share Price ** TSXV (2019-03-21) in CAD CA$0.05
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.47x
Canada Market PE Ratio Median Figure of 543 Publicly-Listed Companies 15.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Blind Creek Resources.

TSXV:BCK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BCK Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.03

-1.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blind Creek Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Blind Creek Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Blind Creek Resources's expected growth come at a high price?
Raw Data
TSXV:BCK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.71x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.23x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Blind Creek Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Blind Creek Resources's assets?
Raw Data
TSXV:BCK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-08-31) in CAD CA$0.04
TSXV:BCK Share Price * TSXV (2019-03-21) in CAD CA$0.05
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.58x
TSXV:BCK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BCK Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.04

1.09x

* Primary Listing of Blind Creek Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blind Creek Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Blind Creek Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Blind Creek Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BCK Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Blind Creek Resources expected to grow at an attractive rate?
  • Unable to compare Blind Creek Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Blind Creek Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Blind Creek Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:BCK Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:BCK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:BCK Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-08-31 -1 -1
2018-05-31 -1 -1
2018-02-28 -1 -1
2017-11-30 0 -1
2017-08-31 0 -1
2017-05-31 0 0
2017-02-28 0 0
2016-11-30 0 0
2016-08-31 0 0
2016-05-31 0 0
2016-02-29 0 0
2015-11-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Blind Creek Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Blind Creek Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:BCK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Blind Creek Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BCK Past Financials Data
Date (Data in CAD Millions) EPS *
2018-08-31 -0.03
2018-05-31 -0.04
2018-02-28 -0.04
2017-11-30 -0.04
2017-08-31 -0.04
2017-05-31 -0.04
2017-02-28 -0.03
2016-11-30 -0.04
2016-08-31 0.06
2016-05-31 0.06
2016-02-29 0.06
2015-11-30 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Blind Creek Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BCK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Blind Creek Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Blind Creek Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Blind Creek Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Blind Creek Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BCK Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Blind Creek Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Blind Creek Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Blind Creek Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Blind Creek Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Blind Creek Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Blind Creek Resources Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BCK Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-08-31 -0.87 0.84
2018-05-31 -0.88 0.84
2018-02-28 -0.90 0.85
2017-11-30 -0.79 0.74
2017-08-31 -0.67 0.49
2017-05-31 -0.50 0.33
2017-02-28 -0.28 0.12
2016-11-30 -0.25 0.08
2016-08-31 0.35 0.04
2016-05-31 0.33 0.06
2016-02-29 0.29 0.09
2015-11-30 0.25 0.13
2015-08-31 -0.03 0.19
2015-05-31 0.03 0.19
2015-02-28 -0.01 0.22
2014-11-30 0.03 0.18
2014-08-31 -7.57 0.20
2014-05-31 -9.38 0.21
2014-02-28 -9.40 0.22
2013-11-30 -9.49 0.30
2013-08-31 -2.18 0.35
2013-05-31 -0.57 0.46
2013-02-28 -0.70 0.58
2012-11-30 -0.85 0.73
2012-08-31 -1.08 0.98
2012-05-31 -1.32 1.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Blind Creek Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Blind Creek Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Blind Creek Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Blind Creek Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Blind Creek Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BCK Health

 How is Blind Creek Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Blind Creek Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Blind Creek Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Blind Creek Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Blind Creek Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Blind Creek Resources Company Filings, last reported 6 months ago.

TSXV:BCK Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-08-31 1.06 0.41 0.01
2018-05-31 1.82 0.36 0.01
2018-02-28 1.95 0.22 0.01
2017-11-30 2.08 0.06 0.03
2017-08-31 1.67 0.24 0.07
2017-05-31 1.61 0.11 0.02
2017-02-28 1.66 0.11 0.10
2016-11-30 1.21 0.10 0.00
2016-08-31 1.25 0.00 0.00
2016-05-31 0.79 0.50 0.00
2016-02-29 0.81 0.47 0.00
2015-11-30 0.81 0.00 0.00
2015-08-31 0.41 0.00 0.00
2015-05-31 0.46 0.00 0.00
2015-02-28 0.51 0.00 0.00
2014-11-30 0.56 0.00 0.00
2014-08-31 0.44 0.27 0.00
2014-05-31 0.43 0.22 0.00
2014-02-28 0.52 0.15 0.01
2013-11-30 0.53 0.00 0.00
2013-08-31 8.01 0.02 0.00
2013-05-31 9.82 0.01 0.05
2013-02-28 9.92 0.01 0.17
2012-11-30 10.02 0.01 0.09
2012-08-31 10.20 0.00 0.14
2012-05-31 10.38 0.01 0.70
  • Blind Creek Resources's level of debt (39.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.2% vs 39.1% today).
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.

  • Blind Creek Resources has less than a year of cash runway based on current free cash flow.
  • Blind Creek Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 90.4% each year.
X
Financial health checks
We assess Blind Creek Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Blind Creek Resources has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BCK Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Blind Creek Resources dividends.
If you bought CA$2,000 of Blind Creek Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Blind Creek Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Blind Creek Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:BCK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Blind Creek Resources has not reported any payouts.
  • Unable to verify if Blind Creek Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Blind Creek Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Blind Creek 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.
X
Income/ dividend checks
We assess Blind Creek Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Blind Creek Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Blind Creek Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BCK Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Kennedy
COMPENSATION CA$48,000
AGE 67
TENURE AS CEO 3.6 years
CEO Bio

Mr. Thomas John Kennedy, also known as Tom, B.Comm,LL.B, J.D., serves as Chief Executive Officer and Director at Engineer Gold Mines Ltd. Mr. Kennedy has been the Chief Executive Officer of Golden Cariboo Resources Ltd. since July 24, 2015 and Blind Creek Resources Ltd since October 31, 2015. He serves as President at Golden Cariboo Resources Ltd. Mr. Kennedy has been the Chief Executive Officer of Klondike Silver Corp. since January 27, 2015 and also has been its President since January 27, 2015 and serves as its Interim Chief Financial Officer. He has been Director at Providence Gold Mines Inc. since February 2019. He served as Secretary of Klondike Silver Corp. until October 18, 2016 and also served as its Chief Financial Officer from September 26, 2014 to January 27, 2015. Mr. Kennedy served as Corporate Secretary of Horizon Petroleum Plc since June 14, 2013. He was the Chief Executive Officer and President at Amador Gold Corp. since January 2015 until October 31, 2018. He has been the Chief Executive Officer of Starr Peak Exploration Ltd. since July 24, 2015 and serves as its Secretary. He served as Chief Executive Officer and President of Crestwell Resources Inc. since August 14, 2014. He served as Corporate Secretary of Meadow Bay Gold Corporation since January 11, 2011. He serves as Secretary of Urastar Energy Inc. Mr. Kennedy is Founder of Interra Exploration Inc. and serves as its Chief Executive Officer. He serves as the Chief Executive Officer, Chief Financial Officer, President, Vice President and Secretary of several TSX Venture Exchange and CNSX publicly traded companies, primarily focused on mineral exploration. He served as the Chief Executive Officer of Horizon Petroleum Plc since February 2005 and served as its President since March 1989 and served as its Secretary since November 1992. He served as an Executive Vice President and Corporate Secretary of MaxTech Ventures Inc. He served as Chief Executive Officer, President and Secretary of Golden Cross Resources Inc. since September 18, 2009. He served as Chief Financial Officer of AAN Ventures Inc since September 1, 2009. He served as Interim Chief Executive Officer of Vanc Pharmaceuticals Inc. until November 25, 2013. Mr. Kennedy served as an Interim Chief Executive Officer of Urastar Energy Inc. from May 19, 2011 to March 2012. He served as Interim Chief Executive Officer of Nuva Pharmaceuticals Inc. since September 2013 until November 25, 2013. He served as the Chief Executive Officer of Cache Explorations, Inc. until March 2011. He served as Chief Financial Officer of Global Tree Technologies Inc. from November 1992 to March 29, 2010. He has primarily focused as a Legal, Financial and Business Consultant to publicly-traded companies. He has been practicing as a barrister, solicitor and Management Consultant since 1991. He has over 20 years of experience as an Director and Officer of various public companies. He Founded Simba Gold Corp. and served as its Solicitor and Management Consultant since 1991 and Chief Executive Officer until March 10, 2011. He served as Chief Executive Officer of Globetech Ventures Corp. He served as Secretary of Acadia Resources since November 1992 and again since May 2006. He served as Chief Executive Officer of Alabama Graphite Company Inc. from July 25, 2011 to August 21, 2012. Mr. Kennedy served as Secretary of Cache Explorations, Inc. and served as its Chief Financial Officer until June 2009. He served as the Chief Executive Officer and President of Acadia Resources Corp. since November 1992. He served as the Principal Accounting Officer and Principal Financial Officer at Spirit Exploration, Inc. He served as the Chief Financial Officer of Acadia Resources Corp. from November 1992 to March 29, 2010. He served as Secretary and Treasurer of Spirit Exploration, Inc. since March 1998. He served as the Chief Executive Officer and President of iMetal Resources Inc. He served as the President of Admiral Bay Resources Inc. until November 19, 2002. He was a Prosecutor for the Canadian Department of Justice, where he served for 7 years. He served as the President of T.H.C. Medical Inc. from July 1994 to March 2003. Mr. Kennedy served as the Chairman of Diamond Discoveries International Corp. from March 3, 2004 to December 2005. He has been a Director of Golden Cariboo Resources Ltd. since August 11, 2015. Mr. Kennedy is also an officer and/or di rector of several TSX, TSX- V, CSE and OTCQB publicly traded companies. He served as Director of AAN Ventures Inc since May 2013. He has been Director of Klondike Silver Corp. since April 24, 2013. He has been Director of Interra Exploration Inc., since April 30, 2008. He has been an Independent Director of Rift Valley Resources Corp. since December 12, 2016. He has been Director of Starr Peak Exploration Ltd. since July 24, 2015. He has been Director of Amador Gold Corp. since April 24, 2013. He has been Independent Director of Golden Pursuit Resources Ltd.(formerly, Silver Pursuit Resources Limited) since April 8, 2015. He has been a Director at Blind Creek Resources Ltd. since April 1, 2011, Acadia Resources Corp. since March 1989, Nu-Lite Industries Ltd. since 1991 and Global Tree Technologies Inc. since March 1989. He served as a Director of Crestwell Resources Inc. since August 14, 2014. He served as Director of Grand Peak Capital Corp. from March 27, 2008 to May 22, 2015. He served as Director of Globetech Ventures Corp. He served as Director of Sedex Mining Corp. from August 23, 2013 to March 18, 2014. He served as a Director of Vanc Pharmaceuticals Inc. since November 14, 2012. He served as Director of Simba Energy Inc. since February 23, 2004. Mr. Kennedy served as Director of Easy Technologies Inc. until February 12, 2010. He served as Director of Golden Cross Resources Inc. since September 18, 2009. He served as a Director of Simba Gold Corp. from April 30, 2008 to March 10, 2011, Spirit Exploration, Inc. since March 1998, Cache Explorations, Inc. from April 11, 2007 to June 30, 2011, MaxTech Ventures Inc. since September 2008, Acadia Resources Corp. since November 1992, T.H.C. Medical Inc. from January 1991 to April 2003, Desert Gold Ventures Inc. from May 6, 2008 to January 7, 2010, iMetal Resources Inc. since November 5, 1992 and various public companies. He served as a Vice Chairman of the Workers Compensation Review Board from 1981 to 1991. He is a Member of the Law Society of British Columbia in 1975, the Canadian Bar Association and the British Columbia Bar Association. He is a Lawyer & Busniess Consultant. He is an Associate Member of The American Bar Association (Associate Member). He was admitted to the British Columbia Bar in 1975 and has practiced law for 36 years. Mr. Kennedy received a Bachelor of Commerce and Business Administration degree in 1973 and a Bachelor of Law Degree in 1974 from the University of British Columbia in Vancouver.

CEO Compensation
  • Tom's compensation has increased whilst company is loss making.
  • Tom's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Blind Creek Resources management team in years:

1.8
Average Tenure
  • The average tenure for the Blind Creek Resources management team is less than 2 years, this suggests a new team.
Management Team

Tom Kennedy

TITLE
CEO, Secretary & Director
COMPENSATION
CA$48K
AGE
67
TENURE
3.6 yrs

Brian Fowler

TITLE
President & Director
COMPENSATION
CA$90K
AGE
59
TENURE
1.8 yrs

Dale Dobson

TITLE
Chief Financial Officer
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Blind Creek Resources board of directors in years:

5.4
Average Tenure
63
Average Age
  • The tenure for the Blind Creek Resources board of directors is about average.
Board of Directors

Tom Kennedy

TITLE
CEO, Secretary & Director
COMPENSATION
CA$48K
AGE
67
TENURE
7.9 yrs

Brian Fowler

TITLE
President & Director
COMPENSATION
CA$90K
AGE
59
TENURE
0.8 yrs

Andrew Rees

TITLE
Director
AGE
39
TENURE
11.2 yrs

Glen MacDonald

TITLE
Director
AGE
69
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Blind Creek Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Blind Creek Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BCK News

Simply Wall St News

Should You Be Worried About Insider Transactions At Blind Creek Resources Ltd. (CVE:BCK)?

So we'll take a look at whether insiders have been buying or selling shares in Blind Creek Resources Ltd. … See our latest analysis for Blind Creek Resources … The Last 12 Months Of Insider Transactions At Blind Creek Resources

Simply Wall St -

Who Owns Blind Creek Resources Ltd (CVE:BCK)?

I am going to take a deep dive into Blind Creek Resources Ltd’s (CVE:BCK) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … View our latest analysis for Blind Creek Resources

Simply Wall St -

What does Blind Creek Resources Ltd's (CVE:BCK) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Blind Creek Resources Ltd (CVE:BCK) with its market cap of CA$3.47m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Can Blind Creek Resources Ltd (CVE:BCK) Improve Your Portfolio Returns?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … BCK, with its market capitalisation of CA$4.49M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … I test BCK’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

Simply Wall St -

How Financially Strong Is Blind Creek Resources Ltd (CVE:BCK)?

Does BCK generate enough cash through operations? … With this debt payback, BCK's cash and short-term investments stands at CA$26.20K , ready to deploy into the business. … BCK's risk around capital structure is almost non-existent, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: Although BCK’s debt level is relatively low, its cash flow levels still could not copiously cover its borrowings.

Simply Wall St -

What’s Installed For Blind Creek Resources Ltd (CVE:BCK)?

Blind Creek Resources Ltd (TSXV:BCK), a CADCA$4.45M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … In this article, I’ll take you through the sector growth expectations, and also determine whether Blind Creek Resources is a laggard or leader relative to its basic materials sector peers. … If your initial investment thesis is around the growth prospects of Blind Creek Resources, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

Simply Wall St -

Who Really Owns Blind Creek Resources Ltd (TSXV:BCK)?

I am going to take a deep dive into Blind Creek Resources Ltd’s (TSXV:BCK) most recent ownership structure, not a frequent subject of discussion among individual investors. … Check out our latest analysis for Blind Creek Resources TSXV:BCK Ownership Summary Oct 25th 17 Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market.

Simply Wall St -

BCK Company Info

Description

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.

Details
Name: Blind Creek Resources Ltd.
BCK
Exchange: TSXV
Founded: 2004
CA$1,157,717
25,727,050
Website: http://www.blindcreekresources.com
Address: Blind Creek Resources Ltd.
750 West Pender Street,
Suite 804,
Vancouver,
British Columbia, V6C 2T7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BCK Common Shares TSX Venture Exchange CA CAD 05. Jul 2011
DB BCW1 Common Shares Deutsche Boerse AG DE EUR 05. Jul 2011
Number of employees
Current staff
Staff numbers
0
Blind Creek Resources employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:10
End of day share price update: 2019/03/21 00:00
Last earnings filing: 2018/10/30
Last earnings reported: 2018/08/31
Last annual earnings reported: 2017/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.