Executive Summary
Bluestone Resources Inc. engages in the exploration and development of mineral properties. More Details
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Share Price & News
How has Bluestone Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BSR is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BSR's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
7.0%
BSR
2.2%
CA Metals and Mining
1.1%
CA Market
1 Year Return
7.0%
BSR
31.2%
CA Metals and Mining
10.1%
CA Market
Return vs Industry: BSR underperformed the Canadian Metals and Mining industry which returned 31.2% over the past year.
Return vs Market: BSR underperformed the Canadian Market which returned 10.1% over the past year.
Shareholder returns
| BSR | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.0% | 2.2% | 1.1% |
| 30 Day | 4.2% | 1.6% | 3.9% |
| 90 Day | 5.9% | 5.8% | 8.9% |
| 1 Year | 7.0%7.0% | 32.3%31.2% | 14.2%10.1% |
| 3 Year | 33.8%33.8% | 51.7%48.6% | 26.3%14.2% |
| 5 Year | 365.9%365.9% | 103.5%97.2% | 63.3%38.6% |
Long-Term Price Volatility Vs. Market
How volatile is Bluestone Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Have Insiders Been Buying Bluestone Resources Inc. (CVE:BSR) Shares This Year?1 month ago | Simply Wall St
Do Institutions Own Bluestone Resources Inc. (CVE:BSR) Shares?4 months ago | Simply Wall St
Are Insiders Buying Bluestone Resources Inc. (CVE:BSR) Stock?Valuation
Is Bluestone Resources undervalued compared to its fair value and its price relative to the market?
2.82x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BSR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BSR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BSR is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: BSR 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 BSR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BSR is good value based on its PB Ratio (2.8x) compared to the CA Metals and Mining industry average (3.2x).
Next Steps
Future Growth
How is Bluestone Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
63.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: BSR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BSR's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if BSR's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if BSR's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BSR's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Bluestone Resources performed over the past 5 years?
-53.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSR is currently unprofitable.
Growing Profit Margin: BSR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BSR is unprofitable, and losses have increased over the past 5 years at a rate of 53% per year.
Accelerating Growth: Unable to compare BSR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BSR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (66.6%).
Return on Equity
High ROE: BSR has a negative Return on Equity (-35.06%), as it is currently unprofitable.
Next Steps
Financial Health
How is Bluestone Resources's financial position?
Financial Position Analysis
Short Term Liabilities: BSR's short term assets ($56.9M) exceed its short term liabilities ($3.0M).
Long Term Liabilities: BSR's short term assets ($56.9M) exceed its long term liabilities ($10.5M).
Debt to Equity History and Analysis
Debt Level: BSR is debt free.
Reducing Debt: BSR had no debt 5 years ago.
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: BSR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BSR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.5% each year
Next Steps
Dividend
What is Bluestone Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSR'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 BSR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSR'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 BSR'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?
3.2yrs
Average management tenure
CEO
Jack O. Lundin (31 yo)
1.08yrs
Tenure
Mr. Jack O. A. Lundin serves as Director at Lundin Mining Corporation since February 18, 2021. He serves as Advisor to the Board at Josemaria Resources Inc. since December 10, 2020. He has been Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Executive Director | 3.5yrs | US$505.00k | 0.28% $ 763.6k | |
| Chief Financial Officer | 3.75yrs | US$352.34k | 0.23% $ 624.3k | |
| Vice President of Project Development | 3.08yrs | US$312.25k | no data | |
| CEO & Director | 1.08yrs | no data | 0.54% $ 1.5m | |
| Vice President of Corporate Development & Investor Relations | 3.25yrs | no data | 0.042% $ 112.8k | |
| Vice-President Human Resources & Organizational Development | no data | no data | no data | |
| Vice President of Exploration | 3.17yrs | no data | no data | |
| Corporate Secretary | 3yrs | no data | no data |
3.2yrs
Average Tenure
45.5yo
Average Age
Experienced Management: BSR's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Executive Director | 3.5yrs | US$505.00k | 0.28% $ 763.6k | |
| CEO & Director | 1.08yrs | no data | 0.54% $ 1.5m | |
| Chairman of the Board | 3.5yrs | US$239.01k | 3.42% $ 9.2m | |
| CSR Advisor | 4yrs | no data | no data | |
| Independent Director | 3.33yrs | US$39.32k | 0.052% $ 141.0k | |
| Chair of Technical Advisors | no data | no data | no data | |
| Independent Director | 3.33yrs | US$52.81k | 0.035% $ 94.0k | |
| Independent Director | 4yrs | US$39.32k | 0.077% $ 208.0k | |
| Technical Advisor | no data | no data | no data | |
| Technical Advisor | no data | no data | no data | |
| Technical Advisor | no data | no data | no data | |
| Technical Advisor | no data | no data | no data |
3.5yrs
Average Tenure
50yo
Average Age
Experienced Board: BSR's board of directors are considered experienced (3.5 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 74.2%.
Top Shareholders
Company Information
Bluestone Resources Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bluestone Resources Inc.
- Ticker: BSR
- Exchange: TSXV
- Founded: 2000
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$269.907m
- Shares outstanding: 143.57m
- Website: https://www.bluestoneresources.ca
Number of Employees
Location
- Bluestone Resources Inc.
- 885 West Georgia
- Suite 2000
- Vancouver
- British Columbia
- V6C 3E8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BSR | TSXV (TSX Venture Exchange) | Yes | Common Voting Shares | CA | CAD | Oct 2001 |
| IX9D | DB (Deutsche Boerse AG) | Yes | Common Voting Shares | DE | EUR | Oct 2001 |
| BBSR.F | OTCPK (Pink Sheets LLC) | Yes | Common Voting Shares | US | USD | Oct 2001 |
Biography
Bluestone Resources Inc. engages in the exploration and development of mineral properties. It holds 100% interests in the Cerro Blanco gold project and the Mita geothermal project located in Guatemala. The...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/25 00:32 |
| End of Day Share Price | 2021/02/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.