TSXV:BZ

Stock Analysis Report

Executive Summary

Benz Mining Corp., a junior mining company, engages in the acquisition, exploration, and exploitation of mineral properties in the Americas.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Benz Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BZ has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-15.8%

BZ

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

33.3%

BZ

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: BZ exceeded the Canadian Metals and Mining industry which returned 2.2% over the past year.

Return vs Market: BZ exceeded the Canadian Market which returned -2% over the past year.


Shareholder returns

BZIndustryMarket
7 Day-15.8%-6.0%-6.2%
30 Day0%-1.0%-5.0%
90 Day60.0%4.9%-2.8%
1 Year33.3%33.3%2.9%2.2%1.1%-2.0%
3 Year-57.9%-57.9%-2.8%-4.5%10.7%0.6%
5 Year-97.7%-97.7%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Benz Mining undervalued compared to its fair value and its price relative to the market?

2.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: BZ is overvalued based on its PB Ratio (2.2x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.0%

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 Benz Mining 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 Benz Mining performed over the past 5 years?

1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BZ is currently unprofitable.

Growing Profit Margin: BZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BZ is unprofitable, but has reduced losses over the past 5 years at a rate of 1.4% per year.

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

Earnings vs Industry: BZ is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: BZ has a negative Return on Equity (-66.39%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Benz Mining's financial position?


Financial Position Analysis

Short Term Liabilities: BZ's short term assets (CA$537.3K) exceed its short term liabilities (CA$76.1K).

Long Term Liabilities: BZ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BZ is debt free.

Reducing Debt: BZ has no debt compared to 5 years ago when its debt to equity ratio was 34.6%.


Balance Sheet

Inventory Level: BZ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BZ's debt is covered by short term assets.


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: BZ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -21.7% each year


Next Steps

Dividend

What is Benz Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate BZ's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BZ's dividends per share have been stable in the past.

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

6.8yrs

Average board tenure


CEO

Miloje Vicentijevic (54yo)

CA$159,939

Compensation

Mr. Miloje Vicentijevic serves as Chief Executive Officer and President at Benz Mining Corp. since 2019. Mr. Vicentijevic served as Chairman of the Board at Benz Mining Corp. since September 23, 2019 until ...


CEO Compensation Analysis

Compensation vs Market: Miloje's total compensation ($USD119.70K) is about average for companies of similar size in the Canadian market ($USD157.16K).

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


Board Members

NamePositionTenureCompensationOwnership
Miloje Vicentijevic
President0yrsCA$159.94k7.86% CA$165.6k
Carlos Escribano
CFO & Director8.3yrsCA$68.84k1.28% CA$27.0k
Herman King
Member of the Advisory Board2.5yrsno datano data
Nicholas Tintor
Chairman of the Board1.1yrsno data2.39% CA$50.4k
Ronald Hall
Independent Director6.8yrsCA$16.00k1.32% CA$27.8k

6.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: BZ's board of directors are considered experienced (6.8 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 diluted in the past year, with total shares outstanding growing by 2.2%.


Top Shareholders

Company Information

Benz Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Benz Mining Corp.
  • Ticker: BZ
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.105m
  • Shares outstanding: 26.32m
  • Website: https://benzmining.com

Location

  • Benz Mining Corp.
  • 927 Poirier Street
  • Coquitlam
  • British Columbia
  • V3J 6C3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BZTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2012
1VUDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2012
BENZ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2012

Biography

Benz Mining Corp., a junior mining company, engages in the acquisition, exploration, and exploitation of mineral properties in the Americas. The company explores zinc, barite, and lead deposits. It holds an option to purchase a 100% interest in the Mel zinc-lead-barite project that consists of 576 claims covering an area of 11,451 hectares located near Watson Lake in southeast Yukon, Canada; and Eastmain Gold project located in James Bay District, Quebec. The company was formerly known as Benz Capital Corp. and changed its name to Benz Mining Corp. in January 2015. Benz Mining Corp. was incorporated in 2011 and is headquartered in Coquitlam, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:37
End of Day Share Price2020/02/27 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


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.