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BRAU

Big Ridge GoldTSXV:BRAU Stock Report

Last Price

CA$0.29

Market Cap

CA$31.4m

7D

-13.4%

1Y

141.7%

Updated

21 Jan, 2022

Data

Company Financials
BRAU fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

BRAU Stock Overview

Big Ridge Gold Corp. owns and operates gold exploration projects in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Big Ridge Gold
Historical stock prices
Current Share PriceCA$0.29
52 Week HighCA$0.42
52 Week LowCA$0.10
Beta1.91
1 Month Change0%
3 Month Change-12.12%
1 Year Change141.67%
3 Year Change190.00%
5 Year Change-3.33%
Change since IPO-99.96%

Recent News & Updates

Oct 27
We're Not Very Worried About Big Ridge Gold's (CVE:BRAU) Cash Burn Rate

We're Not Very Worried About Big Ridge Gold's (CVE:BRAU) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

BRAUCA Metals and MiningCA Market
7D-13.4%-0.05%-2.9%
1Y141.7%-1.1%15.9%

Return vs Industry: BRAU exceeded the Canadian Metals and Mining industry which returned 1.5% over the past year.

Return vs Market: BRAU exceeded the Canadian Market which returned 17.4% over the past year.

Price Volatility

Is BRAU's price volatile compared to industry and market?
BRAU volatility
BRAU Average Weekly Movement14.3%
Metals and Mining Industry Average Movement10.5%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: BRAU is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: BRAU's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
1987n/aMike Bandrowskihttps://www.bigridgegold.com

Big Ridge Gold Corp. owns and operates gold exploration projects in Canada. The company’s principal project is the Hope Brook Gold project that includes 1,056 mineral claims totaling 26,400 hectares located in Newfoundland. It also holds 100% interests in the Oxford Gold project that includes 17 mineral claims and three mineral exploration licenses, which cover approximately 35,992 hectares located in Manitoba; and 100% interests in the Destiny Gold project that comprises 127 mineral claims totaling 5,013 hectares located in Quebec.

Big Ridge Gold Fundamentals Summary

How do Big Ridge Gold's earnings and revenue compare to its market cap?
BRAU fundamental statistics
Market CapCA$31.38m
Earnings (TTM)-CA$1.98m
Revenue (TTM)n/a

0.0x

P/S Ratio

-15.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRAU income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
ExpensesCA$1.98m
Earnings-CA$1.98m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did BRAU perform over the long term?

See historical performance and comparison

Valuation

Is Big Ridge Gold undervalued compared to its fair value and its price relative to the market?

2.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BRAU is good value based on its PB Ratio (2.1x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Big Ridge Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.0%

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 Big Ridge 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 SimplyWall St do have past financial data.


Past Performance

How has Big Ridge Gold performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRAU is currently unprofitable.

Growing Profit Margin: BRAU is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BRAU is unprofitable, but has reduced losses over the past 5 years at a rate of 3.5% per year.

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

Earnings vs Industry: BRAU 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: BRAU has a negative Return on Equity (-13.52%), as it is currently unprofitable.


Financial Health

How is Big Ridge Gold's financial position?


Financial Position Analysis

Short Term Liabilities: BRAU's short term assets (CA$11.0M) exceed its short term liabilities (CA$445.2K).

Long Term Liabilities: BRAU's short term assets (CA$11.0M) exceed its long term liabilities (CA$151.6K).


Debt to Equity History and Analysis

Debt Level: BRAU is debt free.

Reducing Debt: BRAU has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.


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: BRAU has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: BRAU has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 19.8% each year


Dividend

What is Big Ridge Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.1yrs

Average board tenure


CEO

Mike Bandrowski

1.5yrs

Tenure

CA$361,966

Compensation

Mr. Michael Bandrowski, also known as Mike, MBA, CFA, has been the President, Chief Executive Officer and Director at Big Ridge Gold Corp. (Formerly Alto Ventures Ltd.) since July 07, 2020. He served as Di...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD288.92K) is above average for companies of similar size in the Canadian market ($USD161.11K).

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


Board Members

Experienced Board: BRAU's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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 133%.


Top Shareholders

Company Information

Big Ridge Gold Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Big Ridge Gold Corp.
  • Ticker: BRAU
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$31.375m
  • Shares outstanding: 108.19m
  • Website: https://www.bigridgegold.com

Location

  • Big Ridge Gold Corp.
  • 1 Yonge Street
  • Suite 1801
  • Toronto
  • Ontario
  • M5E 1W7
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:43
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2021/06/30


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.