TSXV:CBS

Stock Analysis Report

Executive Summary

Bard Ventures Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-15.0%

CBS

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-63.8%

CBS

2.2%

CA Metals and Mining

-2.0%

CA Market

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

Return vs Market: CBS underperformed the Canadian Market which returned -2% over the past year.


Shareholder returns

CBSIndustryMarket
7 Day-15.0%-6.0%-6.2%
30 Dayn/a-1.0%-5.0%
90 Dayn/a4.9%-2.8%
1 Year-63.8%-63.8%2.9%2.2%1.1%-2.0%
3 Year-43.3%-43.3%-2.8%-4.5%10.7%0.6%
5 Year-32.0%-32.0%25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CBS is overvalued based on its PB Ratio (6.3x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Bard Ventures 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 Bard 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 Bard Ventures performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBS is currently unprofitable.

Growing Profit Margin: CBS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CBS is unprofitable, and losses have increased over the past 5 years at a rate of -5.5% per year.

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

Earnings vs Industry: CBS 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: CBS has a negative Return on Equity (-414.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bard Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: CBS's short term assets (CA$144.0K) exceed its short term liabilities (CA$12.3K).

Long Term Liabilities: CBS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CBS is debt free.

Reducing Debt: CBS has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if CBS'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: CBS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CBS has less than a year of cash runway if free cash flow continues to grow at historical rates of 3% each year.


Next Steps

Dividend

What is Bard Ventures'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 CBS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

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

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

1.3yrs

Average board tenure


CEO

Eugene Beukman (61yo)

23.3yrs

Tenure

CA$84,000

Compensation

Mr. Eugene Beukman has been Interim Chief Financial Officer at International Cobalt Corporation since December 27, 2019 and its Secretary. He is Independent Director at Osino Resources Corp. He serves as D ...


CEO Compensation Analysis

Compensation vs Market: Eugene's total compensation ($USD62.86K) is below average for companies of similar size in the Canadian market ($USD157.16K).

Compensation vs Earnings: Eugene's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Eugene Beukman
President23.3yrsCA$84.00k0.46% CA$4.3k
Kuan Liang Lin
Director0.3yrsno datano data
Ming Jiao
Independent Director2.9yrsno datano data
Ning Wu
Director1.3yrsno data3.7% CA$34.0k
Jessika Angarita
Director0.4yrsno datano data

1.3yrs

Average Tenure

Experienced Board: CBS's board of directors are not considered experienced ( 1.3 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 diluted in the past year, with total shares outstanding growing by 21.8%.


Top Shareholders

Company Information

Bard Ventures Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bard Ventures Ltd.
  • Ticker: CBS
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$918.553k
  • Shares outstanding: 10.81m
  • Website: https://www.bardventures.com

Location

  • Bard Ventures Ltd.
  • 789 West Pender Street
  • Suite 810
  • Vancouver
  • British Columbia
  • V6C 1H2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CBSTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
BVU3DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
BVTL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Bard Ventures Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 23:47
End of Day Share Price2020/02/27 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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.