Bluelake Mineral AB (publ) operates as a mineral exploration company. More Details
+ 1 more risk
Mediocre balance sheet and overvalued.
Share Price & News
How has Bluelake Mineral's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLUE is more volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: BLUE's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
7 Day Return
SE Metals and Mining
1 Year Return
SE Metals and Mining
Return vs Industry: BLUE underperformed the Swedish Metals and Mining industry which returned 55.8% over the past year.
Return vs Market: BLUE underperformed the Swedish Market which returned 42.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bluelake Mineral's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bluelake Mineral undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BLUE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BLUE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BLUE is unprofitable, so we can't compare its PE Ratio to the Swedish Metals and Mining industry average.
PE vs Market: BLUE is unprofitable, so we can't compare its PE Ratio to the Swedish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BLUE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BLUE is good value based on its PB Ratio (0.5x) compared to the SE Metals and Mining industry average (2.1x).
How is Bluelake Mineral forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Bluelake Mineral 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.
How has Bluelake Mineral performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLUE is currently unprofitable.
Growing Profit Margin: BLUE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BLUE is unprofitable, and losses have increased over the past 5 years at a rate of 97.8% per year.
Accelerating Growth: Unable to compare BLUE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BLUE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-14.6%).
Return on Equity
High ROE: BLUE has a negative Return on Equity (-317.05%), as it is currently unprofitable.
How is Bluelake Mineral's financial position?
Financial Position Analysis
Short Term Liabilities: BLUE's short term assets (SEK12.0M) do not cover its short term liabilities (SEK12.3M).
Long Term Liabilities: BLUE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BLUE is debt free.
Reducing Debt: BLUE had no debt 5 years ago.
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: BLUE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLUE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.7% each year
What is Bluelake Mineral current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BLUE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BLUE'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 BLUE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BLUE'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 BLUE's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter Hjorth (55 yo)
Mr. Peter Hjorth is Chairman of the Board at Euroafrica Digital Ventures Ab since 2021. He serves as Chief Executive Officer and Director at Bluelake Mineral AB (publ) (formerly known as Nickel Mountain Re...
Experienced Board: BLUE's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 88.5%.
Bluelake Mineral AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Bluelake Mineral AB (publ)
- Ticker: BLUE
- Exchange: NGM
- Founded: 1994
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: kr53.876m
- Shares outstanding: 48.32m
- Website: https://bluelakemineral.com
Number of Employees
- Bluelake Mineral AB (publ)
- SOedra AllEgatan 13
- Västra Götaland County
- 413 01
Bluelake Mineral AB (publ) operates as a mineral exploration company. It explores for nickel and gold deposits, as well as hydrocarbons. The company owns interests in the Rönnbäcken project, which covers a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 21:47|
|End of Day Share Price||2021/06/17 00:00|
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.