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Bard Ventures

TSXV:CBS
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CBS
TSXV
CA$2M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Bard Ventures Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The last earnings update was 55 days ago. More info.


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CBS Share Price and Events
7 Day Returns
-8.1%
TSXV:CBS
-2.4%
CA Metals and Mining
0.8%
CA Market
1 Year Returns
-32%
TSXV:CBS
-9.3%
CA Metals and Mining
3.9%
CA Market
CBS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bard Ventures (CBS) -8.1% -19% -47.7% -32% 70% 13.3%
CA Metals and Mining -2.4% -3.7% 8.3% -9.3% -4.6% -20.1%
CA Market 0.8% 2.3% 7.8% 3.9% 15.4% 7.5%
1 Year Return vs Industry and Market
  • CBS underperformed the Metals and Mining industry which returned -9.3% over the past year.
  • CBS underperformed the Market in Canada which returned 3.9% over the past year.
Price Volatility
CBS
Industry
5yr Volatility vs Market

CBS Value

 Is Bard Ventures undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bard Ventures. This is due to cash flow or dividend data being unavailable. The share price is CA$0.17.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bard Ventures's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bard Ventures's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CBS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.02
TSXV:CBS Share Price ** TSXV (2019-04-18) in CAD CA$0.17
Canada Metals and Mining Industry PE Ratio Median Figure of 114 Publicly-Listed Metals and Mining Companies 13.48x
Canada Market PE Ratio Median Figure of 557 Publicly-Listed Companies 15.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bard Ventures.

TSXV:CBS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CBS Share Price ÷ EPS (both in CAD)

= 0.17 ÷ -0.02

-6.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bard Ventures is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Bard Ventures is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Bard Ventures's expected growth come at a high price?
Raw Data
TSXV:CBS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.73x
Canada Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bard Ventures, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bard Ventures's assets?
Raw Data
TSXV:CBS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.07
TSXV:CBS Share Price * TSXV (2019-04-18) in CAD CA$0.17
Canada Metals and Mining Industry PB Ratio Median Figure of 1,086 Publicly-Listed Metals and Mining Companies 1.3x
Canada Market PB Ratio Median Figure of 2,379 Publicly-Listed Companies 1.5x
TSXV:CBS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CBS Share Price ÷ Book Value per Share (both in CAD)

= 0.17 ÷ 0.07

2.49x

* Primary Listing of Bard Ventures.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bard Ventures is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Bard Ventures's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Bard Ventures has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CBS Future Performance

 How is Bard Ventures expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bard Ventures expected to grow at an attractive rate?
  • Unable to compare Bard Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bard Ventures's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Bard Ventures's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CBS Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 36.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CBS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CBS Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 0 0
2018-06-30 0 0
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bard Ventures is high growth as no earnings estimate data is available.
  • Unable to determine if Bard Ventures is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:CBS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bard Ventures Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CBS Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 -0.03
2016-06-30 -0.05
2016-03-31 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bard Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Bard Ventures's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Bard Ventures's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Bard Ventures's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bard Ventures's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bard Ventures has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CBS Past Performance

  How has Bard Ventures performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bard Ventures's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bard Ventures does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Bard Ventures's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bard Ventures's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Bard Ventures's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bard Ventures Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CBS Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.22 0.18
2018-09-30 -0.19 0.16
2018-06-30 -0.16 0.14
2018-03-31 -0.15 0.13
2017-12-31 -0.16 0.15
2017-09-30 -0.15 0.14
2017-06-30 -0.14 0.13
2017-03-31 -0.20 0.17
2016-12-31 -0.18 0.18
2016-09-30 -0.18 0.17
2016-06-30 -0.25 0.23
2016-03-31 -0.22 0.22
2015-12-31 -0.25 0.23
2015-09-30 -0.29 0.26
2015-06-30 -0.35 0.34
2015-03-31 -0.37 0.36
2014-12-31 -0.37 0.36
2014-09-30 -0.38 0.36
2014-06-30 -0.38 0.29
2014-03-31 -0.40 0.31
2013-12-31 -0.49 0.40
2013-09-30 -0.49 0.40
2013-06-30 -0.43 0.40
2013-03-31 -0.46 0.42
2012-12-31 -0.47 0.44
2012-09-30 -0.51 0.48
2012-06-30 -0.61 0.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bard Ventures has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Bard Ventures has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bard Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bard Ventures's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bard Ventures has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CBS Health

 How is Bard Ventures's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bard Ventures's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bard Ventures is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bard Ventures has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bard Ventures's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Bard Ventures has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bard Ventures Company Filings, last reported 3 months ago.

TSXV:CBS Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 0.72 0.00 0.53
2018-09-30 0.71 0.00 0.53
2018-06-30 0.33 0.00 0.16
2018-03-31 0.16 0.00 0.01
2017-12-31 0.20 0.00 0.05
2017-09-30 0.24 0.00 0.10
2017-06-30 0.16 0.00 0.01
2017-03-31 0.18 0.00 0.03
2016-12-31 0.23 0.00 0.09
2016-09-30 0.16 0.00 0.02
2016-06-30 0.13 0.01 0.00
2016-03-31 0.13 0.01 0.03
2015-12-31 0.17 0.01 0.07
2015-09-30 0.20 0.01 0.11
2015-06-30 0.00 0.01 0.00
2015-03-31 0.04 0.01 0.00
2014-12-31 0.11 0.00 0.02
2014-09-30 0.07 0.02 0.00
2014-06-30 -0.17 0.03 0.00
2014-03-31 -0.12 0.03 0.00
2013-12-31 -0.05 0.01 0.00
2013-09-30 0.03 0.01 0.00
2013-06-30 0.16 0.00 0.00
2013-03-31 0.25 0.00 0.24
2012-12-31 0.09 0.00 0.00
2012-09-30 0.17 0.00 0.01
2012-06-30 0.30 0.00 0.04
  • Bard Ventures has no debt.
  • Bard Ventures currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Bard Ventures has sufficient cash runway for 2.5 years based on current free cash flow.
  • Bard Ventures has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of -15.9% each year.
X
Financial health checks
We assess Bard Ventures's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bard Ventures has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CBS Dividends

 What is Bard Ventures's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bard Ventures dividends.
If you bought CA$2,000 of Bard Ventures shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bard Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bard Ventures's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CBS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.4%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bard Ventures has not reported any payouts.
  • Unable to verify if Bard Ventures's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bard Ventures's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bard Ventures has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bard Ventures's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bard Ventures afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bard Ventures has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CBS Management

 What is the CEO of Bard Ventures's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eugene Beukman
COMPENSATION CA$74,370
AGE 60
TENURE AS CEO 22.5 years
CEO Bio

Mr. Eugene Beukman has been Chief Executive Officer of Kaneh Bosm BioTechnology Inc. since June 2018. He has been Company Secretary of Black Isle Resources Corporation since July 16, 2018 and has been its Chief Executive Officer since June 01, 2018. Mr. Beukman served as a Chief Executive Officer at ICC International Cannabis Corp. until April 15, 2019 and serves as its Director. Mr. Beukman has been Corporate Secretary at Resinco Capital Partners Inc. since January 2018. He has been Corporate Secretary of BluKnight Aquafarms Inc. since July 2017. Mr. Beukman has been the President of Orofino Minerals Inc. since April 2013. He has been the Chief Financial Officer and Corporate Secretary of Range Energy Resources Inc. since October 6, 2014. He serves the Chief Executive Officer and President of Oriental Non-Ferrous Resources Development Inc. He has been the Chief Financial Officer of Lincoln Mining Corporation since March 1, 2014 and Slam Exploration Ltd. since July 24, 2013. He has been Vice President of Administration and Secretary of Burnstone Ventures Inc. since November 30, 1998 and has been its Chief Financial Officer since March 7, 2014. Mr. Beukman has been the Corporate Counsel of the Pender Group of Companies since January 1994. He is President/Owner of Pender Street Corporate Consulting Ltd. He has been the Chief Executive Officer of Bard Ventures Ltd. since October 25, 1996 and has been its President since March 1, 1996. He has been Corporate Secretary of 1040426 B C Ltd since July 17, 2017. He has been Corporate Consultant to public companies since January 1994. He has been the Chief Executive Officer and President of La Jolla Capital Inc. since June 13, 2015 and has been its President since June 17, 2015. He served as Chief Executive Officer, Secretary and Director at 1040433 B.C. Ltd. since June 21, 2017 until September 13, 2017. He served as the Chief Financial Officer of GAR Limited since September 27, 2017 until November 28, 2017. He served as President, Chief Executive Officer and Secretary at eXeBlock Technology Corporation since June 21, 2017 until September 13, 2017 and served as its Director since June 19, 2017 until September 14, 2017. Mr. Beukman served as the Chief Executive Officer and President of Emerge Resources Corp. since March 18, 2015. He served as Chief Executive Officer of Grand Peak Capital Corp. since May 22, 2015. Mr. Beukman served as the Chief Executive Officer of Orofino Minerals Inc. since April 2013. He served as the President and Chief Executive Officer of Mag One Products Inc. (formerly, Acana Capital Corp). He served as Chief Executive Officer of International Cobalt Corp. (Brakpan Ventures Corp.) from April 28, 2015 to March 22, 2017 and served as its President from November 7, 2014 to March 22, 2017. He served as Chief Financial Officer of International Cobalt Corp. from April 28, 2015 to March 8, 2016. He served as the Chief Financial Officer of Golden Band Resources Inc. from April 7, 2015 to April 15, 2016. He served as an Interim Chief Financial Officer of Range Energy Resources Inc. from July 9, 2013 to October 6, 2014. He served as the President and Chief Executive Officer of Emerge Resources Corp. from October 28, 2009 to September 4, 2013. He served as the Chief Executive Officer of Acana Capital Corp. He has over thirty years experience in the acquisition of assets and joint ventures and in negotiating prospecting and option agreements. He served as the Corporate Counsel of D.S. Management Ltd. since January 1994. He served as Chief Financial Officer of Hawkstone Energy Corp. until February 7, 2007. He is secretary of International Cobalt Corp. He served as the Chief Executive Officer and President of Desert Gold Ventures Inc. from March 28, 2006 to September 3, 2010. He served as an Executive Officer of Kraken Sonar Inc. He served as Consultant for several TSX Venture and Toronto Stock Exchange-listed companies namely, Bard Ventures Ltd., Eurocontrol Technics Group, Inc., Burnstone Ventures Inc. and TML Ventures Inc. He served as Property Portfolio Manager for Pure Gold. He served as the Chief Financial Officer at Range Energy Resources Inc. until February 7, 2007. He served as Chief Executive Officer and President of Avion Gold Corporation from May 18, 2006 to March 14, 2007. After practicing as a lawyer, he served as Legal Advisor to the predecessor of BHP Billiton/Billiton Limited from 1987 to December 1993. Prior thereto, he served as a Legal Adviser to Gencor Limited since January 1989 and a Director and/or officer of several other reporting companies. He serves the Chairman of Oriental Non-Ferrous Resources Development Inc. and has been its Director since October 2, 2015. He has been Director of Black Isle Resources Corporation since May 16, 2018. He serves as a Director of Pender Street Corporate Consulting Ltd. Mr. Beukman has been a Non Independent Director at Slam Exploration Ltd. since July 24, 2013. He has been a Director of 1040426 B C Ltd since July 2017. He has been an Independent Director of Even Technologies Inc. since March 2, 1999. He has been a Director of Bard Ventures Ltd., since March 1, 1996; Emerge Resources Corp. since October 28, 2009 and Burnstone Ventures Inc., since November 13, 1997. He is a Director of Kaneh Bosm BioTechnology Inc. since April 2018. He has been a Director of Low Carbon Technologies International Inc. since August 20, 2008, International Cobalt Corp. since April 28, 2015, La Jolla Capital Inc. since June 17, 2015, BluKnight Aquafarms Inc. since July 2017 and LCTI. He served as a Director of GAR Limited since September 27, 2017 until November 28, 2017. He served as a Director of Orofino Minerals Inc. since February 14, 2013 until March 11, 2016. He served as a Director of Grand Peak Capital Corp. since 2012 until May 13, 2016 and previously served as its Director since 2011. He served as an Independent Director of Parana Copper Corporation (alternate name, AAN Ventures Inc.) since April 2013. He served as a Director of Desert Gold Ventures Inc. from December 1, 2003 to November 28, 2011. Mr. Beukman served as an Executive Director of Range Energy Resources Inc. since March 1, 2005. He served as a Director of Innovative Properties Inc. from 2012 to May 22, 2015 and Mag One Products Inc. since September 30, 2011. He served as a Director of MaxTech Ventures Inc. from January 3, 2006 to May 22, 2007; EnCap Investments Inc. since August 20, 2008 and Cavan Ventures Inc. until August 8, 2008. He served as a Director of Anergy Capital Inc. since October 10, 2008. He served as a Director of Eurocontrol Technics Inc. Mr. Beukman served as a Director of Alta Natural Herbs & Supplements Ltd. from November 15, 2013 to September 29, 2015. He served as an Executive Director of Hawkstone Energy Corp. since March 1, 2005 and Avion Gold Corporation from May 18, 2006 to March 14, 2007. He served as a Director of Eurocontrol Technics Group Inc. from January 3, 2006 to December 1, 2005

CEO Compensation
  • Eugene's compensation has increased whilst company is loss making.
  • Eugene's remuneration is lower than average for companies of similar size in Canada.
Management Team

Eugene Beukman

TITLE
President
COMPENSATION
CA$74K
AGE
60
TENURE
22.5 yrs

Sam Wang

TITLE
CFO & Director
COMPENSATION
CA$7K
AGE
48
TENURE
3.7 yrs

Debra Watkins

TITLE
Corporate Secretary
COMPENSATION
CA$5K
AGE
55
Board of Directors Tenure

Average tenure and age of the Bard Ventures board of directors in years:

3.7
Average Tenure
53
Average Age
  • The tenure for the Bard Ventures board of directors is about average.
Board of Directors

Eugene Beukman

TITLE
President
COMPENSATION
CA$74K
AGE
60
TENURE
23.1 yrs

Sam Wang

TITLE
CFO & Director
COMPENSATION
CA$7K
AGE
48
TENURE
3.7 yrs

Jim Miller-Tait

TITLE
Director
AGE
53
TENURE
12.3 yrs

Ming Jiao

TITLE
Director
TENURE
2.1 yrs

Ning Wu

TITLE
Director
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
04. Dec 18 Sell James Miller-Tait Individual 28. Nov 18 03. Dec 18 -35,000 CA$1.05 CA$-34,186
05. Jul 18 Sell Eugene Beukman Individual 04. Jul 18 04. Jul 18 -280,327 CA$0.23 CA$-56,068
X
Management checks
We assess Bard Ventures's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bard Ventures has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CBS News

Simply Wall St News

The Bard Ventures (CVE:CBS) Share Price Is Up 70% And Shareholders Are Holding On

Bard Ventures didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … With the share price up 19% per year, over 3 years, the market is seems hopeful about the potential, despite the cash burn. … You can click on the image below to see (in greater detail) how Bard Ventures's cash and debt levels have changed over time

Simply Wall St -

Need To Know: Bard Ventures Ltd. (CVE:CBS) Insiders Have Been Selling Shares

So before you buy or sell Bard Ventures Ltd. … The Last 12 Months Of Insider Transactions At Bard Ventures. … All up, insiders sold more shares in Bard Ventures than they bought, over the last year.

Simply Wall St -

What Are The Drivers Of Bard Ventures Ltd's (TSXV:CBS) Risks?

If you are looking to invest in Bard Ventures Ltd’s (TSXV:CBS), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Based on this beta value, CBS appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … CBS, with its market capitalisation of CAD CA$1.13M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

Simply Wall St -

CBS Company Info

Description

Bard Ventures Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company explores for molybdenum, copper, and silver deposits. Its principal resource property is the Lone Pine property located in British Columbia. The company is headquartered in Vancouver, Canada.

Details
Name: Bard Ventures Ltd.
CBS
Exchange: TSXV
Founded:
CA$1,806,748
10,627,935
Website: http://www.bardventures.com
Address: Bard Ventures Ltd.
789 West Pender Street,
Suite 810,
Vancouver,
British Columbia, V6C 1H2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CBS Common Shares TSX Venture Exchange CA CAD 02. Sep 1988
OTCPK BVTL.F Common Shares Pink Sheets LLC US USD 02. Sep 1988
DB BVU3 Common Shares Deutsche Boerse AG DE EUR 02. Sep 1988
Number of employees
Current staff
Staff numbers
0
Bard Ventures employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 23:32
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.