DB:GP8

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BlueBird Battery Metals

Executive Summary

BlueBird Battery Metals Inc., an exploration stage company, engages in the exploration and development of the battery metals in Canada and Australia.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GP8's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-19.4%

GP8

8.7%

DE Metals and Mining

4.3%

DE Market


1 Year Return

-52.6%

GP8

-33.7%

DE Metals and Mining

0.3%

DE Market

Return vs Industry: GP8 underperformed the German Metals and Mining industry which returned -33.7% over the past year.

Return vs Market: GP8 underperformed the German Market which returned 0.3% over the past year.


Shareholder returns

GP8IndustryMarket
7 Day-19.4%8.7%4.3%
30 Day31.7%6.3%7.4%
90 Day18.7%-19.1%-0.2%
1 Year-52.6%-52.6%-33.2%-33.7%2.0%0.3%
3 Year-72.0%-72.0%-62.8%-63.9%-5.0%-12.3%
5 Yearn/a-61.8%-63.7%4.2%-9.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GP8's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GP8's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GP8 is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: GP8 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 GP8's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GP8 is good value based on its PB Ratio (3.5x) compared to the DE Metals and Mining industry average (4.2x).


Next Steps

Future Growth

How is BlueBird Battery 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 BlueBird Battery 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 BlueBird Battery Metals performed over the past 5 years?

-42.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GP8 is currently unprofitable.

Growing Profit Margin: GP8 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GP8 is unprofitable, and losses have increased over the past 5 years at a rate of -42.3% per year.

Accelerating Growth: Unable to compare GP8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GP8 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: GP8 has a negative Return on Equity (-145.87%), as it is currently unprofitable.


Next Steps

Financial Health

How is BlueBird Battery Metals's financial position?


Financial Position Analysis

Short Term Liabilities: GP8's short term assets (CA$20.5K) do not cover its short term liabilities (CA$1.1M).

Long Term Liabilities: GP8 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: GP8's debt to equity ratio (12.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GP8's debt to equity ratio has reduced over the 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: GP8 has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: GP8 is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GP8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GP8'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 GP8's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GP8'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 GP8'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?

1.2yrs

Average management tenure


CEO

Peter Dickie (55yo)

0.17

Tenure

Mr. Peter Dickie serves as President, Chief Executive Officer and Director at BlueBird Battery Metals Inc since March 2020. He serves as an Independent Director of Gatling Exploration Inc. since October 23 ...


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Meagher
CFO & Corporate Secretary3.67yrsCA$80.00k0.15% CA$6.4k
Gary Nassif
Consultant1.17yrsno data0.019% CA$825.4
Peter Dickie
President0.17yrno data1.96% CA$85.8k

1.2yrs

Average Tenure

Experienced Management: GP8's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Dickie
President0.17yrno data1.96% CA$85.8k
Jeremy Ross
Director1.08yrsno datano data
Neil McCallum
Director0.17yrno datano data
Nathan Tribble
Director1.08yrsno data0.17% CA$7.6k

0.6yrs

Average Tenure

42yo

Average Age

Experienced Board: GP8's board of directors are not considered experienced ( 0.6 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 31.9%.


Top Shareholders

Company Information

BlueBird Battery Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BlueBird Battery Metals Inc.
  • Ticker: GP8
  • Exchange: DB
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$6.646m
  • Listing Market Cap: CA$4.388m
  • Shares outstanding: 66.46m
  • Website: https://www.bluebirdbatterymetals.com

Location

  • BlueBird Battery Metals Inc.
  • 200 Burrard Street
  • Suite 1680
  • Vancouver
  • British Columbia
  • V6C 3L6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BATTTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2013
BBBM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2013
GP8DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2013

Biography

BlueBird Battery Metals Inc., an exploration stage company, engages in the exploration and development of the battery metals in Canada and Australia. The company explores for cobalt, nickel, copper, and vanadium. It holds interests in the Canegrass, Ashburton, and Southern Lithium properties located in Western Australia, as well as Batt property situated in Yukon Territory. The company was formerly known as Golden Peak Minerals Inc. and changed its name to BlueBird Battery Metals Inc. in April 2018. BlueBird Battery Metals Inc. was incorporated in 2011 and is based in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 00:31
End of Day Share Price2020/05/28 00:00
Earnings2020/02/29
Annual Earnings2019/08/31


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.