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Bluenose Gold

TSXV:BN.H
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BN.H
TSXV
CA$17M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Bluenose Gold Corp. engages in the acquisition and exploration of resource properties in Canada. The last earnings update was 23 days ago. More info.


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  • Bluenose Gold has significant price volatility in the past 3 months.
BN.H Share Price and Events
7 Day Returns
-15.4%
TSXV:BN.H
1.7%
CA Metals and Mining
-0%
CA Market
1 Year Returns
-24.1%
TSXV:BN.H
-3.9%
CA Metals and Mining
2.6%
CA Market
BN.H Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bluenose Gold (BN.H) -15.4% 3.1% 17.9% -24.1% - 1000.1%
CA Metals and Mining 1.7% -0.5% 14.3% -3.9% 15% -18.9%
CA Market -0% 0.4% 15% 2.6% 16.8% 5.3%
1 Year Return vs Industry and Market
  • BN.H underperformed the Metals and Mining industry which returned -3.9% over the past year.
  • BN.H underperformed the Market in Canada which returned 2.6% over the past year.
Price Volatility
BN.H
Industry
5yr Volatility vs Market

Value

 Is Bluenose Gold 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 Bluenose Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.165.
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 Bluenose Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bluenose Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BN.H PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.01
TSXV:BN.H Share Price ** TSXV (2019-03-22) in CAD CA$0.17
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.35x
Canada Market PE Ratio Median Figure of 551 Publicly-Listed Companies 14.94x

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

** Primary Listing of Bluenose Gold.

TSXV:BN.H PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BN.H Share Price ÷ EPS (both in CAD)

= 0.17 ÷ 0.01

20.81x

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

  • Bluenose Gold is overvalued based on earnings compared to the CA Metals and Mining industry average.
  • Bluenose Gold is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Bluenose Gold's expected growth come at a high price?
Raw Data
TSXV:BN.H PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.81x
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 0.65x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.22x

*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 Bluenose Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bluenose Gold's assets?
Raw Data
TSXV:BN.H PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.00
TSXV:BN.H Share Price * TSXV (2019-03-22) in CAD CA$0.17
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.46x
Canada Market PB Ratio Median Figure of 2,351 Publicly-Listed Companies 1.57x
TSXV:BN.H PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BN.H Share Price ÷ Book Value per Share (both in CAD)

= 0.17 ÷ 0.00

222.67x

* Primary Listing of Bluenose Gold.

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

  • Bluenose Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Bluenose Gold'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. Bluenose Gold has a total score of 0/6, 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.

Future Performance

 How is Bluenose Gold 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 Bluenose 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 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
34.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bluenose Gold expected to grow at an attractive rate?
  • Unable to compare Bluenose Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bluenose Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Bluenose Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:BN.H Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:BN.H Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:BN.H Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 1
2018-09-30 0 1
2018-06-30 0 1
2018-03-31 0 0
2017-12-31 0 -1
2017-09-30 0 -1
2017-06-30 0 -1
2017-03-31 -1 -1
2016-12-31 0 -1
2016-09-30 0 -1
2016-06-30 0 -1
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bluenose Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Bluenose Gold 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:BN.H Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bluenose Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BN.H Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*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 Bluenose Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Bluenose 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.
  2. Bluenose Gold'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. Bluenose Gold'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
X
Future performance checks
We assess Bluenose Gold'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.
Bluenose Gold 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.

Past Performance

  How has Bluenose Gold 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 Bluenose Gold'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.
  • Bluenose Gold has delivered over 20% year on year earnings growth in the past 5 years.
  • Bluenose Gold has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Bluenose Gold has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
Bluenose Gold'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 Bluenose Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BN.H Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.88 0.64
2018-09-30 0.66 0.11
2018-06-30 0.57 0.09
2018-03-31 0.35 0.24
2017-12-31 -0.64 0.26
2017-09-30 -0.79 0.26
2017-06-30 -0.77 0.27
2017-03-31 -0.61 0.16
2016-12-31 -0.54 0.14
2016-09-30 -0.54 0.18
2016-06-30 -0.54 0.19
2016-03-31 -0.56 0.22
2015-12-31 -0.60 0.26
2015-09-30 -0.48 0.23
2015-06-30 -0.54 0.24
2015-03-31 -0.64 0.26
2014-12-31 -0.58 0.23
2014-09-30 -0.63 0.24
2014-06-30 -0.51 0.23
2014-03-31 -0.37 0.19
2013-12-31 -0.42 0.26
2013-09-30 -0.38 0.25
2013-06-30 -0.36 0.24
2013-03-31 -0.31 0.22
2012-12-31 -0.27 0.19
2012-09-30 -0.27 0.19
2012-06-30 -0.30 0.19
2012-03-31 -0.34 0.23

*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.
  • Bluenose Gold made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Bluenose Gold used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if Bluenose Gold 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 Bluenose Gold'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.
Bluenose Gold has a total score of 3/6, 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.

Health

 How is Bluenose Gold'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 Bluenose Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bluenose Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bluenose Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bluenose Gold'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.
  • Bluenose Gold has no debt, it does not need to be covered by short term assets.
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 Bluenose Gold Company Filings, last reported 2 months ago.

TSXV:BN.H Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.08 0.00 0.10
2018-09-30 -0.86 0.00 0.00
2018-06-30 -0.80 0.00 0.01
2018-03-31 -0.87 0.00 0.06
2017-12-31 -2.15 0.00 1.21
2017-09-30 -3.28 0.00 0.37
2017-06-30 -3.33 0.06 0.00
2017-03-31 -3.28 0.00 0.00
2016-12-31 -3.22 0.00 0.00
2016-09-30 -3.06 0.00 0.00
2016-06-30 -2.92 0.00 0.00
2016-03-31 -3.16 0.00 0.02
2015-12-31 -3.07 0.00 0.03
2015-09-30 -2.89 0.00 0.00
2015-06-30 -2.75 0.00 0.00
2015-03-31 -2.60 0.00 0.00
2014-12-31 -2.46 0.00 0.00
2014-09-30 -2.34 0.00 0.00
2014-06-30 -1.22 0.06 0.00
2014-03-31 -0.99 0.00 0.00
2013-12-31 -0.89 0.00 0.00
2013-09-30 -0.86 0.00 0.00
2013-06-30 -0.78 0.00
2013-03-31 -0.63 0.00 0.00
2012-12-31 -0.50 0.00 0.00
2012-09-30 -0.43 0.00 0.01
2012-06-30 -0.41 0.00 0.01
2012-03-31 -0.31 0.00 0.00
  • Bluenose Gold has no debt.
  • Bluenose Gold had no debt 5 years ago.
  • Bluenose Gold has no debt, it does not need to be covered by operating cash flow.
  • Bluenose Gold has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Bluenose Gold'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. Bluenose Gold has a total score of 6/6, 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.

Dividends

 What is Bluenose Gold'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 Bluenose Gold dividends.
If you bought CA$2,000 of Bluenose Gold 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 Bluenose Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bluenose Gold'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:BN.H 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 1.1%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

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 Bluenose Gold has not reported any payouts.
  • Unable to verify if Bluenose Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bluenose Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bluenose Gold 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 Bluenose Gold'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 Bluenose Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bluenose Gold 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.

Management

 What is the CEO of Bluenose Gold'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
Raymond Roland
COMPENSATION CA$15,000
TENURE AS CEO 19.9 years
CEO Bio

Mr. Raymond William Roland, also known as Ray, has been the President, Chief Executive Officer and Director of Bluenose Gold Corp. (International Alliance Resources, Inc.) since April 19, 1999 and was its Chief Financial Officer since November 27, 2001. Mr. Roland has been the Chief Financial Officer at Blizzard Finance Corp. since March 31, 2015. Mr. Roland is the Owner of Roland Financial Services Ltd. and serves as its President. Mr. Roland has served as President and Chief Executive Officer of Blizzard Finance Corp. for over 15 years. He is a Financial Consultant. He served as the Chief Executive Officer and President of Empire Rock Minerals Inc. since June 27, 2000 and also served as its Chief Financial Officer since May 11, 2000. He served as the head of Financial Institution Banking, Western Canada, Royal Bank of Canada. He served as the Chief Executive Officer of Pacific Topaz Resources Ltd. until March 15, 2011 and served as its President from November 2004 to March 15, 2011. He was the Owner of XyQuest. He served as the President and Chief Executive Officer of Ultra Uranium Corp. (formerly Buck Late Ventures Limited) since June 27, 2000. He served as an Executive Director of Pacific Topaz Resources Ltd. from August 31, 1999 to March 2011. He served as the Chief Financial Officer of Ultra Uranium Corp. since May 11, 2000. He served as the President and Chief Executive Officer of Global Hunter Corp. from December 4, 1997 to January 19, 2004. He served as the Chief Financial Officer of Global Hunter Corp. from July 27, 2001 to July 2007. He served as Secretary of Global Hunter Corp. until July 2007. He served as the Chief Financial Officer of Pacific Topaz Resources Ltd. He served as the Chief Financial Officer of Goldbank Mining Corporation (also called as Ballad Gold & Silver Ltd.) from March 31, 1997 to May 8, 2003. He served as Senior Manager of Western Canada, Royal Bank of Canada. He served as Senior Manager of Financial Services industry Banking, Western Canada of a major Canadian Chartered Bank. He has over 17 years of experience as a public company director. He has been a Director of Bluenose Gold Corp. since April 19, 1999 and International Alliance Resources, Inc. since April 19, 1999. He has been a Director at Blizzard Finance Corp. since December 19, 2014. He served as a Director of Global Hunter Corp. since September 26, 1997, Empire Rock Minerals Inc. since June 27, 2000, Whistler Gold Exploration Inc. since April 7, 2006, Ultra Uranium Corp. since June 27, 2000, Maximum Ventures Inc. since April 7, 2006, Angus Ventures Corp., since November 7, 2000 and Goldbank Mining Corporation since March 31, 1997. He served as Director of Ballad Gold & Silver Ltd. Mr. Roland holds a Bachelor of Commerce (Honours) degree from Carleton University.

CEO Compensation
  • Raymond's compensation has been consistent with company performance over the past year.
  • Raymond's remuneration is lower than average for companies of similar size in Canada.
Management Team

Raymond Roland

TITLE
President
COMPENSATION
CA$15K
TENURE
19.9 yrs

Joanna Vastardis

TITLE
CFO & Corporate Secretary
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure of the Bluenose Gold board of directors in years:

0.3
Average Tenure
  • The average tenure for the Bluenose Gold board of directors is less than 3 years, this suggests a new board.
Board of Directors

Raymond Roland

TITLE
President
COMPENSATION
CA$15K
TENURE
19.9 yrs

Matthew Lawson

TITLE
Director
TENURE
0.3 yrs

Brian O'Neill

TITLE
Director
TENURE
0.3 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$) Value (CA$)
05. Mar 19 Buy Fiore Financial Corporation Company 04. Mar 19 04. Mar 19 420,000 CA$0.19 CA$79,674
28. Nov 18 Buy Quiet Cove Investment Corp. Company 26. Nov 18 26. Nov 18 400,000 CA$0.20 CA$80,000
14. Dec 18 Buy Frank Giustra Individual 14. Dec 18 14. Dec 18 220,000 CA$0.15 CA$31,900
03. Dec 18 Buy Frank Giustra Individual 29. Nov 18 29. Nov 18 400,000 CA$0.15 CA$60,000
28. Nov 18 Buy Power Corporation of Canada Company 26. Nov 18 26. Nov 18 400,000 CA$0.20 CA$80,000
28. Nov 18 Buy Gordon Keep Individual 26. Nov 18 26. Nov 18 100,000 CA$0.20 CA$20,000
X
Management checks
We assess Bluenose Gold'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. Bluenose Gold 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.

News

Simply Wall St News

Do Directors Own Bluenose Gold Corp (CVE:BN.H) Shares?

The big shareholder groups in Bluenose Gold Corp (CVE:BN.H) have power over the company. … Bluenose Gold is a smaller company with a market capitalization of CA$22m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Bluenose Gold

Simply Wall St -

Does Bluenose Gold Corp's (CVE:BN.H) PE Ratio Warrant A Sell?

and want to begin learning the link between Bluenose Gold Corp (CVE:BN.H)’s fundamentals and stock market performance. … Bluenose Gold Corp (CVE:BN.H) is trading with a trailing P/E of 68x, which is higher than the industry average of 11x. … While this makes BN.H appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

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What Kind Of Risk And Return Should You Expect For Bluenose Gold Corp (TSXV:BNH)?

Generally, an investor should consider two types of risk that impact the market value of BN.H. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … A market capitalisation of CAD CA$4.90M puts BN.H in the category of small-cap stocks, which tends to possess higher beta than larger companies.

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Should You Be Concerned About Bluenose Gold Corp's (TSXV:BNH) Shareholders?

Today, I will be analyzing Bluenose Gold Corp’s (TSXV:BN.H) recent ownership structure, an important but not-so-popular subject among individual investors. … General Public Ownership The general public holds a substantial 40.08% stake in BN.H, making it a highly popular stock among retail investors. … Such level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Company Info

Description

Bluenose Gold Corp. engages in the acquisition and exploration of resource properties in Canada. It primarily owns certain mining claims in the Hess River project located in the Mayo Mining Division, Yukon Territory; and holds an interest in the Anne Mark property situated in the Mayo Mining District, Yukon Territory. The company was formerly known as International Alliance Resources Inc. and changed its name to Bluenose Gold Corp. in July 2012. Bluenose Gold Corp. is headquartered in Vancouver, Canada.

Details
Name: Bluenose Gold Corp.
BN.H
Exchange: TSXV
Founded:
CA$17,494,752
106,028,802
Website: http://
Address: Bluenose Gold Corp.
595 Burrard Street,
Suite 3123,
Vancouver,
British Columbia, V7X 1J1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BN.H Common Shares TSX Venture Exchange CA CAD 22. May 1991
OTCPK ALLX.F Common Shares Pink Sheets LLC US USD 22. May 1991
Number of employees
Current staff
Staff numbers
0
Bluenose Gold employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 23:39
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


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.