LSE:BMV

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Bluebird Merchant Ventures

Executive Summary

Bluebird Merchant Ventures Limited, together with its subsidiaries, engages in mining and developing of gold properties. More Details


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

15.6%

BMV

-2.5%

GB Metals and Mining

1.9%

GB Market


1 Year Return

112.2%

BMV

1.4%

GB Metals and Mining

-15.5%

GB Market

Return vs Industry: BMV exceeded the UK Metals and Mining industry which returned 1.4% over the past year.

Return vs Market: BMV exceeded the UK Market which returned -17% over the past year.


Shareholder returns

BMVIndustryMarket
7 Day15.6%-2.5%1.9%
30 Day36.8%-2.6%-1.7%
90 Day33.3%2.4%-2.6%
1 Year112.2%112.2%7.2%1.4%-12.3%-15.5%
3 Year108.0%108.0%24.7%3.9%-7.8%-18.7%
5 Yearn/a152.0%93.4%17.2%-8.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

56.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: BMV is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BMV is overvalued based on its PB Ratio (56.6x) compared to the GB Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Bluebird Merchant Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

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 Merchant 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 Bluebird Merchant Ventures performed over the past 5 years?

-38.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BMV is currently unprofitable.

Growing Profit Margin: BMV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BMV is unprofitable, and losses have increased over the past 5 years at a rate of 38.1% per year.

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

Earnings vs Industry: BMV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-17.6%).


Return on Equity

High ROE: BMV has a negative Return on Equity (-676.08%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bluebird Merchant Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: BMV's short term assets ($19.7K) do not cover its short term liabilities ($1.2M).

Long Term Liabilities: BMV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BMV's debt to equity ratio (31.1%) is considered satisfactory.

Reducing Debt: BMV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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

Forecast Cash Runway: Insufficient data to determine if BMV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Colin Patterson (65 yo)

3.5yrs

Tenure

US$120,794

Compensation

Mr. Colin David Patterson, CPEng (Mining), BSc (Eng), BCom (Hons), FAICD, FAusIMM serves as the Managing Director of Momentum Resources International Pty Limited,. Mr. Patterson has been Chief Executive Of ...


CEO Compensation Analysis

Compensation vs Market: Colin's total compensation ($USD0.00) is below average for companies of similar size in the UK market ($USD346.97K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Colin Patterson
CEO & Executive Director3.5yrsUS$120.79kno data
Charles Alexander Barclay
COO & Executive Director3.5yrsUS$142.73kno data
Aidan Bishop
Executive Director6.5yrsUS$150.00kno data
Stuart Kemp
CFO & Company Secretary3.5yrsno datano data
Peter Wallwin
Consultantno datano datano data

3.5yrs

Average Tenure

65yo

Average Age

Experienced Management: BMV's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Colin Patterson
CEO & Executive Director3.5yrsUS$120.79kno data
Charles Alexander Barclay
COO & Executive Director3.5yrsUS$142.73kno data
Aidan Bishop
Executive Director6.5yrsUS$150.00kno data
Jonathan Charles Morley-Kirk
Non-Executive Chairmanno dataUS$35.41kno data
Clive Sinclair-Poulton
Non-Executive Director5yrsUS$25.50kno data

5.0yrs

Average Tenure

64yo

Average Age

Experienced Board: BMV's board of directors are considered experienced (5 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 been substantially diluted in the past year, with total shares outstanding growing by 60.8%.


Top Shareholders

Company Information

Bluebird Merchant Ventures Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bluebird Merchant Ventures Limited
  • Ticker: BMV
  • Exchange: LSE
  • Founded: 2014
  • Industry: Gold
  • Sector: Materials
  • Market Cap: UK£20.678m
  • Shares outstanding: 397.65m
  • Website: https://bluebirdmv.com

Number of Employees


Location

  • Bluebird Merchant Ventures Limited
  • Harneys
  • Craigmuir Chambers
  • Road Town
  • Tortola
  • VG1110
  • British Virgin Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BMVLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 2016

Biography

Bluebird Merchant Ventures Limited, together with its subsidiaries, engages in mining and developing of gold properties. It holds interests in the Gubong project and Kochang project located in South Korea. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 22:25
End of Day Share Price2020/09/28 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.