TSXV:BOL

Stock Analysis Report

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Executive Summary

Bold Ventures Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Bold Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine BOL's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BOL's volatility change over the past year.


Market Performance


7 Day Return

8.3%

BOL

-2.4%

CA Metals and Mining

2.6%

CA Market


1 Year Return

160.0%

BOL

36.5%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: BOL exceeded the Canadian Metals and Mining industry which returned 37.9% over the past year.

Return vs Market: BOL exceeded the Canadian Market which returned -0.3% over the past year.


Shareholder returns

BOLIndustryMarket
7 Day8.3%-2.4%2.6%
30 Day30.0%-2.8%13.3%
90 Day18.2%-12.3%6.0%
1 Year160.0%160.0%37.6%36.5%4.2%0.5%
3 Year-62.9%-62.9%42.9%39.8%13.0%2.0%
5 Year-35.0%-35.0%131.9%124.9%49.8%26.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Bold Ventures undervalued compared to its fair value and its price relative to the market?

3.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BOL is overvalued based on its PB Ratio (3.1x) compared to the CA Metals and Mining industry average (2.7x).


Next Steps

Future Growth

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

27.5%

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 Bold Ventures 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 Bold Ventures performed over the past 5 years?

-0.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOL is currently unprofitable.

Growing Profit Margin: BOL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOL is unprofitable, and losses have increased over the past 5 years at a rate of 0.3% per year.

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

Earnings vs Industry: BOL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).


Return on Equity

High ROE: BOL has a negative Return on Equity (-126.18%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bold Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: BOL's short term assets (CA$83.5K) do not cover its short term liabilities (CA$83.9K).

Long Term Liabilities: BOL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BOL is debt free.

Reducing Debt: BOL has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.


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

Forecast Cash Runway: BOL is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Bold Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

7.5yrs

Average board tenure


CEO

David Graham

3.08yrs

Tenure

CA$75,000

Compensation

Mr. David B. Graham is a Director of Golden Share Resources Corporation since May 1, 2015. Since 1986, Mr. Graham has been President of R. Bruce Graham and Associates Ltd., a natural resource management an...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD166.16K).

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


Board Members

NamePositionTenureCompensationOwnership
David Graham
President3.08yrsCA$75.00k0.59%
CA$ 15.6k
William Johnstone
Corporate Counsel7.5yrsno data0.062%
CA$ 1.6k
Ian Brodie-Brown
Consultant & Independent Director8.75yrsno datano data
MacKenzie Watson
Member of Advisory Board3.08yrsno datano data
Steven Brunelle
Independent Director3.25yrsno data0.53%
CA$ 14.0k
Bruce Mackie
Member of Senior Tech Advisory Boardno datano datano data
James Mungall
Member of Senior Tech Advisory Board9.75yrsno datano data
Scott Hogg
Member of Senior Tech Advisory Board9.75yrsno datano data
Tracy Armstrong
Member of Senior Tech Advisory Board4.83yrsno datano data
Jennifer Nemis
Member of Advisory Board1.58yrsno datano data

7.5yrs

Average Tenure

63yo

Average Age

Experienced Board: BOL's board of directors are considered experienced (7.5 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 50.9%.


Top Shareholders

Company Information

Bold Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bold Ventures Inc.
  • Ticker: BOL
  • Exchange: TSXV
  • Founded: 1989
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.655m
  • Shares outstanding: 37.94m
  • Website: https://www.boldventuresinc.com

Location

  • Bold Ventures Inc.
  • Bay Adelaide Centre - East Tower
  • Suite 3600
  • Toronto
  • Ontario
  • M5H 4E3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOLTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2007
BVLD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2007

Biography

Bold Ventures Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. It explores for chromium, copper, gold, lead, nickel, palladium, platinum, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 23:51
End of Day Share Price2020/11/27 00:00
Earnings2020/07/31
Annual Earnings2019/10/31


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.