Boreal Metals Corp., a mineral exploration company, acquires and explores for base and precious metals.
Mediocre balance sheet and overvalued.
Share Price & News
How has Boreal Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMX's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: BMX underperformed the Canadian Metals and Mining industry which returned 30.3% over the past year.
Return vs Market: BMX exceeded the Canadian Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is Boreal Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Institutions Own Boreal Metals Corp. (CVE:BMX) Shares?
3 months ago | Simply Wall StWe're Worried About Boreal Metals's (CVE:BMX) Cash Burn Rate
4 months ago | Simply Wall StHow Much Are Boreal Metals Corp. (CVE:BMX) Insiders Spending On Buying Shares?
Is Boreal Metals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BMX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BMX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BMX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: BMX 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 BMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BMX is good value based on its PB Ratio (1.5x) compared to the CA Metals and Mining industry average (2.2x).
How is Boreal Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Boreal Metals 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.
- Take a look at our analysis of BMX’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.
- Boreal Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Boreal Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMX is currently unprofitable.
Growing Profit Margin: BMX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BMX is unprofitable, and losses have increased over the past 5 years at a rate of -57.7% per year.
Accelerating Growth: Unable to compare BMX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BMX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).
Return on Equity
High ROE: BMX has a negative Return on Equity (-94.07%), as it is currently unprofitable.
How is Boreal Metals's financial position?
Financial Position Analysis
Short Term Liabilities: BMX's short term assets (CA$155.8K) do not cover its short term liabilities (CA$1.3M).
Long Term Liabilities: BMX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BMX's debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: BMX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BMX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BMX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.6% each year
What is Boreal Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMX'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 BMX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMX'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 BMX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pat Varas (58yo)
Mr. Jorge Patricio Varas, also known as Pat, B.Sc. & P.Geo., is the Founder of Western Resources Corp. (a/k/a: Western Potash Corp.) and served as its Chief Executive Officer since July 9, 2007 until Octob ...
|Executive Chairman & CEO||1.25yrs||CA$95.50k||4.27% CA$195.0k|
|Independent Director||2.58yrs||no data||2.4% CA$109.6k|
|Independent Director||3.08yrs||no data||4.57% CA$208.5k|
|Independent Non-Executive Director||1.5yrs||no data||no data|
Experienced Board: BMX's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Boreal Metals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Boreal Metals Corp.
- Ticker: BMX
- Exchange: TSXV
- Founded: 2013
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$4.562m
- Shares outstanding: 76.03m
- Website: https://www.borealmetals.com
- Boreal Metals Corp.
- 233 West 1st Street
- Suite 340
- North Vancouver
- British Columbia
- V7M 1B3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BMX||TSXV (TSX Venture Exchange)||Yes||Common Stock||CA||CAD||Nov 2017|
|03E||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 2017|
|BORM.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Nov 2017|
Boreal Metals Corp., a mineral exploration company, acquires and explores for base and precious metals. The company primarily explores for zinc, lead, copper, silver, gold, cobalt, and nickel deposits. It principally owns interests in the Gumsberg VMS project covering an area of approximately 18,300 hectares located in the Bergslagen mining district of southern Sweden; and Burfjord iron oxide copper gold project comprising six exploration licenses totaling 5,500 hectares situated in Alta, Norway. The company was formerly known as European Ferro Metals Ltd. and changed its name to Boreal Metals Corp. in November 2016. Boreal Metals Corp. was incorporated in 2013 and is headquartered in North Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/03 01:10|
|End of Day Share Price||2020/06/30 00:00|
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.