TSXV:BNCH

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Executive Summary

Benchmark Metals Inc., a junior resource company, engages in the identification, evaluation, acquisition, and exploration of mineral properties.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Benchmark Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BNCH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.4%

BNCH

-4.0%

CA Metals and Mining

4.1%

CA Market


1 Year Return

4.4%

BNCH

26.4%

CA Metals and Mining

-8.6%

CA Market

Return vs Industry: BNCH underperformed the Canadian Metals and Mining industry which returned 26.7% over the past year.

Return vs Market: BNCH exceeded the Canadian Market which returned -10.1% over the past year.


Shareholder returns

BNCHIndustryMarket
7 Day1.4%-4.0%4.1%
30 Day7.6%-4.4%7.9%
90 Day31.5%17.2%-3.4%
1 Year4.4%4.4%27.3%26.4%-5.5%-8.6%
3 Year-9.0%-9.0%11.0%9.1%3.6%-6.1%
5 Year-1.4%-1.4%53.1%48.9%21.4%3.5%

Price Volatility Vs. Market

How volatile is Benchmark Metals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Benchmark Metals undervalued compared to its fair value and its price relative to the market?

1.8x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BNCH is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: BNCH 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 BNCH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BNCH is good value based on its PB Ratio (1.8x) compared to the CA Metals and Mining industry average (1.8x).


Next Steps

Future Growth

How is Benchmark Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.9%

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 Benchmark 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.


Next Steps

Past Performance

How has Benchmark Metals performed over the past 5 years?

-46.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BNCH is currently unprofitable.

Growing Profit Margin: BNCH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BNCH is unprofitable, and losses have increased over the past 5 years at a rate of -46.7% per year.

Accelerating Growth: Unable to compare BNCH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BNCH is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.8%).


Return on Equity

High ROE: BNCH has a negative Return on Equity (-11.36%), as it is currently unprofitable.


Next Steps

Financial Health

How is Benchmark Metals's financial position?


Financial Position Analysis

Short Term Liabilities: BNCH's short term assets (CA$5.8M) exceed its short term liabilities (CA$1.2M).

Long Term Liabilities: BNCH has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BNCH is debt free.

Reducing Debt: BNCH 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: BNCH has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: BNCH is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Benchmark Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.3yrs

Average management tenure


CEO

John Williamson (58yo)

2.25yrs

Tenure

CA$233,460

Compensation

Mr. John Williamson, B.Sc., P.Geol. has been Chief Executive Officer at Mariner Resources Corp. since October 3, 2018 and serves as its Director since May 2019. Mr. Williamson is Chief Executive Officer an ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD172.66K) is about average for companies of similar size in the Canadian market ($USD165.66K).

Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
John Williamson
Chairman & CEO2.25yrsCA$233.46k1.26% CA$516.8k
James Greig
President & Director7.42yrsCA$187.00k1.8% CA$739.0k
Sean Mager
CFO, Corporate Secretary & Director7.33yrsCA$185.50k0.11% CA$45.3k
Michael Dufresne
Geological Consultant3.75yrsCA$33.61k0.20% CA$80.7k

2.3yrs

Average Tenure

52yo

Average Age

Experienced Management: BNCH's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Williamson
Chairman & CEO2.25yrsCA$233.46k1.26% CA$516.8k
James Greig
President & Director7.42yrsCA$187.00k1.8% CA$739.0k
Sean Mager
CFO, Corporate Secretary & Director7.33yrsCA$185.50k0.11% CA$45.3k
Michael Dufresne
Geological Consultant3.75yrsCA$33.61k0.20% CA$80.7k
Alastair Mcintyre
Member of Advisory Board1.17yrsno datano data
Toby Pierce
Independent Director7.42yrsCA$32.00k0.69% CA$281.8k
Jeremy Yaseniuk
Member of Advisory Board0.92yrno datano data

5.5yrs

Average Tenure

52yo

Average Age

Experienced Board: BNCH's board of directors are considered experienced (5.5 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 127.4%.


Top Shareholders

Company Information

Benchmark Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Benchmark Metals Inc.
  • Ticker: BNCH
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$41.009m
  • Shares outstanding: 115.52m
  • Website: https://www.benchmarkmetals.com

Location

  • Benchmark Metals Inc.
  • 10545-45 Avenue NW
  • 250 Southridge NW
  • Edmonton
  • Alberta
  • T6H 4M9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BNCHTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2012
CYRT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2012
87CADB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2012

Biography

Benchmark Metals Inc., a junior resource company, engages in the identification, evaluation, acquisition, and exploration of mineral properties. The company explores for diamond, gold, and silver deposits. It holds a 100% interest in the Muskox, Hood River, and Contwoyto diamond projects located in Nunavut, Canada. The company also has an option agreement to acquire a 75% interest in the Lawyers Property gold project located in British Columbia. The company was formerly known as Crystal Exploration Inc. and changed its name to Benchmark Metals Inc. in May 2018. Benchmark Metals Inc. was incorporated in 2010 and is headquartered in Edmonton, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 04:46
End of Day Share Price2020/06/04 00:00
Earnings2019/11/30
Annual Earnings2019/02/28


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.