SWX:BLS

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Blackstone Resources

Executive Summary

Blackstone Resources AG, together with its subsidiaries, primarily invests in and develops mining projects that focus on battery metals.


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

How has Blackstone Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

4.9%

BLS

1.6%

CH Metals and Mining

1.5%

CH Market


1 Year Return

-31.7%

BLS

-7.4%

CH Metals and Mining

1.8%

CH Market

Return vs Industry: BLS underperformed the Swiss Metals and Mining industry which returned -9.3% over the past year.

Return vs Market: BLS underperformed the Swiss Market which returned 1.7% over the past year.


Shareholder returns

BLSIndustryMarket
7 Day4.9%1.6%1.5%
30 Day3.4%-0.5%0.3%
90 Day-3.8%16.9%7.9%
1 Year-31.7%-31.7%-2.0%-7.4%5.3%1.8%
3 Yearn/a12.1%-2.7%22.2%9.5%
5 Yearn/a53.4%22.7%29.9%8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Blackstone Resources undervalued compared to its fair value and its price relative to the market?

6.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: BLS is good value based on its PE Ratio (6.1x) compared to the Metals and Mining industry average (10.2x).

PE vs Market: BLS is good value based on its PE Ratio (6.1x) compared to the Swiss market (19x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLS is overvalued based on its PB Ratio (1.3x) compared to the XE Metals and Mining industry average (1x).


Next Steps

Future Growth

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

13.9%

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 Blackstone Resources 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 Blackstone Resources performed over the past 5 years?

-3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLS has a large one-off gain of CHF7.7M impacting its December 31 2019 financial results.

Growing Profit Margin: BLS became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BLS has become profitable over the past 5 years, growing earnings by -3.9% per year.

Accelerating Growth: BLS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BLS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (0.5%).


Return on Equity

High ROE: BLS's Return on Equity (6.8%) is considered low.


Next Steps

Financial Health

How is Blackstone Resources's financial position?


Financial Position Analysis

Short Term Liabilities: BLS's short term assets (CHF2.4M) exceed its short term liabilities (CHF1.3M).

Long Term Liabilities: BLS's short term assets (CHF2.4M) do not cover its long term liabilities (CHF36.6M).


Debt to Equity History and Analysis

Debt Level: BLS's debt to equity ratio (40.5%) is considered high.

Reducing Debt: Insufficient data to determine if BLS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BLS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if BLS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Blackstone Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BLS'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 BLS's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Ulrich Ernst (73yo)

no data

Tenure

CHF10,664

Compensation

Mr. Ulrich Ernst is Chairman, President and Chief Executive Officer at Blackstone Resources AG and serves as its Director since 1995 and serves as Member of the Advisory Board. Mr. Ernst has worked in the  ...


CEO Compensation Analysis

Compensation vs Market: Ulrich's total compensation ($USD11.33K) is below average for companies of similar size in the Swiss market ($USD548.76K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ulrich Ernst
Chairmanno dataCHF10.66k64.93% CHF20.9m
Marco Dazzi
Chief Financial Officer1.25yrsCHF96.99k0.056% CHF18.2k
Michael Hingst
Chief Operating Officer6.5yrsCHF48.00kno data
Ingo Meyer
Chief Technology Officer6.5yrsCHF60.00k0.091% CHF29.4k
James Eagle
Communications Directorno datano datano data
Antonio Viscuso
Chief of the Metal Trading Deskno datano datano data
Paul Schlatter
CDO & CEO of Blackstone Resources Chile SpAno datano datano data
Holger Gritzka
Chief Executive Officer of Blackstone Research1.5yrsno datano data

4.0yrs

Average Tenure

54.5yo

Average Age

Experienced Management: BLS's management team is considered experienced (4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Blackstone Resources AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blackstone Resources AG
  • Ticker: BLS
  • Exchange: SWX
  • Founded: 1995
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CHF32.233m
  • Shares outstanding: 42.69m
  • Website: https://www.blackstoneresources.ch

Location

  • Blackstone Resources AG
  • Blegistrasse 5
  • Baar
  • Zug
  • 6340
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4BRNDB (Deutsche Boerse AG)YesRegistered SharesDEEURJul 2018
BLSSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJul 2018

Biography

Blackstone Resources AG, together with its subsidiaries, primarily invests in and develops mining projects that focus on battery metals. It also acquires mining rights; concessions, licenses, and mining technologies; and develops and operates mining facilities.The company has assets in Canada, Mongolia, Peru, Chile, Norway, and Germany. It also explores for silver, manganese, cobalt, molybdenum, gold, and rare earth metals; trades in commodities; and offers management services. Blackstone Resources AG was founded in 1995 and is headquartered in Baar, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 20:56
End of Day Share Price2020/07/07 00:00
Earnings2019/12/31
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.