TSXV:BSR

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Bluestone Resources

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

BSRIndustryMarket
7 Day7.0%2.2%1.1%
30 Day4.2%1.6%3.9%
90 Day5.9%5.8%8.9%
1 Year7.0%7.0%32.3%31.2%14.2%10.1%
3 Year33.8%33.8%51.7%48.6%26.3%14.2%
5 Year365.9%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

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

NamePositionTenureCompensationOwnership
Darren Ervin Klinck
President & Executive Director3.5yrsUS$505.00k0.28%
$ 763.6k
Peter Hemstead
Chief Financial Officer3.75yrsUS$352.34k0.23%
$ 624.3k
Jeff Reinson
Vice President of Project Development3.08yrsUS$312.25kno data
Jack O. Lundin
CEO & Director1.08yrsno data0.54%
$ 1.5m
Stephen Williams
Vice President of Corporate Development & Investor Relations3.25yrsno data0.042%
$ 112.8k
Nadia Carotenuto
Vice-President Human Resources & Organizational Developmentno datano datano data
David Cass
Vice President of Exploration3.17yrsno datano data
Penny Johnson
Corporate Secretary3yrsno datano 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

NamePositionTenureCompensationOwnership
Darren Ervin Klinck
President & Executive Director3.5yrsUS$505.00k0.28%
$ 763.6k
Jack O. Lundin
CEO & Director1.08yrsno data0.54%
$ 1.5m
John Robins
Chairman of the Board3.5yrsUS$239.01k3.42%
$ 9.2m
Allison Armstrong
CSR Advisor4yrsno datano data
Zara Boldt
Independent Director3.33yrsUS$39.32k0.052%
$ 141.0k
Alfred Hills
Chair of Technical Advisorsno datano datano data
William Lamb
Independent Director3.33yrsUS$52.81k0.035%
$ 94.0k
Peter Hathaway
Independent Director4yrsUS$39.32k0.077%
$ 208.0k
Scott Donald
Technical Advisorno datano datano data
Allan Moss
Technical Advisorno datano datano data
Roger Nendick
Technical Advisorno datano datano data
Robert Sim
Technical Advisorno datano datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSRTSXV (TSX Venture Exchange)YesCommon Voting SharesCACADOct 2001
IX9DDB (Deutsche Boerse AG)YesCommon Voting SharesDEEUROct 2001
BBSR.FOTCPK (Pink Sheets LLC)YesCommon Voting SharesUSUSDOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/25 00:32
End of Day Share Price2021/02/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.