BST:8BX1

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Executive Summary

Brixton Metals Corporation, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Brixton Metals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8BX1's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.9%

8BX1

7.2%

DE Metals and Mining

2.4%

DE Market


1 Year Return

65.2%

8BX1

-34.3%

DE Metals and Mining

-0.1%

DE Market

Return vs Industry: 8BX1 exceeded the German Metals and Mining industry which returned -38% over the past year.

Return vs Market: 8BX1 exceeded the German Market which returned -2.6% over the past year.


Shareholder returns

8BX1IndustryMarket
7 Day-11.9%7.2%2.4%
30 Day15.0%6.0%7.8%
90 Day38.1%-20.8%-3.8%
1 Year65.2%65.2%-33.8%-34.3%1.5%-0.1%
3 Year-59.3%-59.3%-62.9%-64.1%-4.8%-12.1%
5 Year65.5%65.5%-62.2%-64.1%3.6%-9.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Brixton Metals undervalued compared to its fair value and its price relative to the market?

2.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8BX1's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8BX1's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8BX1 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: 8BX1 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8BX1's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8BX1 is good value based on its PB Ratio (2.2x) compared to the DE Metals and Mining industry average (3.9x).


Next Steps

Future Growth

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

14.4%

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 Brixton Metals 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 Brixton Metals performed over the past 5 years?

-31.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8BX1 is currently unprofitable.

Growing Profit Margin: 8BX1 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8BX1 is unprofitable, and losses have increased over the past 5 years at a rate of -33% per year.

Accelerating Growth: Unable to compare 8BX1's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8BX1 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-0.06%).


Return on Equity

High ROE: 8BX1 has a negative Return on Equity (-63.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is Brixton Metals's financial position?


Financial Position Analysis

Short Term Liabilities: 8BX1's short term assets (CA$6.1M) exceed its short term liabilities (CA$469.1K).

Long Term Liabilities: 8BX1's short term assets (CA$6.1M) exceed its long term liabilities (CA$176.1K).


Debt to Equity History and Analysis

Debt Level: 8BX1 is debt free.

Reducing Debt: 8BX1 has not had any debt for past 5 years.


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: 8BX1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 8BX1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.3% each year


Next Steps

Dividend

What is Brixton Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8BX1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8BX1'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 8BX1's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8BX1'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 8BX1's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.8yrs

Average board tenure


CEO

Gary Thompson (55yo)

9.25yrs

Tenure

CA$664,789

Compensation

Mr. Gary Robert Thompson, P.Geo., has been a Director at Stuhini Exploration Ltd. since June 28, 2018. Mr. Thompson co-founded Brixton Metals Corporation and serves as its Chairman, Chief Executive Officer ...


CEO Compensation Analysis

Compensation vs Market: Gary's total compensation ($USD481.54K) is about average for companies of similar size in the German market ($USD427.16K).

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


Board Members

NamePositionTenureCompensationOwnership
Gary Thompson
Co-Founder9.25yrsCA$664.79k2.83% CA$482.8k
Cale Moodie
Co-Founder9.5yrsCA$312.03k0.16% CA$28.2k
Ian Ball
Independent Director5.83yrsCA$183.10k0.15% CA$25.9k
Rita Adiani
Independent Director0.083yrno datano data
Randall Thompson
Independent Director1.75yrsCA$183.10k0.48% CA$81.5k

3.8yrs

Average Tenure

43yo

Average Age

Experienced Board: 8BX1's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 8BX1 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 60.2%.


Top Shareholders

Company Information

Brixton Metals Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Brixton Metals Corporation
  • Ticker: 8BX1
  • Exchange: BST
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$26.027m
  • Listing Market Cap: CA$17.089m
  • Shares outstanding: 144.60m
  • Website: https://www.brixtonmetals.com

Location

  • Brixton Metals Corporation
  • 409 Granville Street
  • Suite 551
  • Vancouver
  • British Columbia
  • V6C 1T2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBBTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2010
BBBX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2010
8BX1BST (Boerse-Stuttgart)YesCommon SharesDEEURDec 2010

Biography

Brixton Metals Corporation, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company primarily explores for gold, silver, copper, and cobalt minerals. It holds a 100% interest in the Thorn gold-copper-silver project located in British Columbia. The company also holds interests in the Atlin Gold project, which is located in Atlin, British Columbia; the Hog Heaven silver-gold project that is located in northwest Montana; and the Langis-Hudson Bay cobalt project, which is located in Ontario. Brixton Metals Corporation 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 Analysis2020/05/28 23:15
End of Day Share Price2020/05/28 00:00
Earnings2020/03/31
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.