OTCPK:BKUC.F

Stock Analysis Report

Executive Summary

Blue Sky Uranium Corp., a junior uranium exploration company, engages in acquiring, exploring, and evaluating natural resource properties in Argentina.

Risk Analysis

Earnings have declined by -21.67% per year over past 5 years

Has less than 1 year of cash runway

Does not have a meaningful market cap ($13M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Blue Sky Uranium's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

7.2%

BKUC.F

-1.0%

US Oil and Gas

2.0%

US Market


1 Year Return

-19.6%

BKUC.F

-7.6%

US Oil and Gas

23.5%

US Market

Return vs Industry: BKUC.F underperformed the US Oil and Gas industry which returned -4.2% over the past year.

Return vs Market: BKUC.F underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

BKUC.FIndustryMarket
7 Day7.2%-1.0%2.0%
30 Day-1.8%0.06%4.3%
90 Day0.1%6.0%12.2%
1 Year-19.6%-19.6%-4.2%-7.6%26.1%23.5%
3 Year-68.5%-68.5%-8.5%-16.9%53.1%43.2%
5 Year-32.7%-32.7%-11.4%-24.3%75.5%56.1%

Price Volatility Vs. Market

How volatile is Blue Sky Uranium's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Blue Sky Uranium undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Blue Sky Uranium is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Blue Sky Uranium has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of BKUC.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Blue Sky Uranium regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Blue Sky Uranium forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.7%

Forecasted Energy 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 Blue Sky Uranium 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

  • Take a look at our analysis of BKUC.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Blue Sky Uranium's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Blue Sky Uranium performed over the past 5 years?

-21.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKUC.F is currently unprofitable.

Growing Profit Margin: BKUC.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BKUC.F is unprofitable, and losses have increased over the past 5 years at a rate of -21.7% per year.

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

Earnings vs Industry: BKUC.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-13.3%).


Return on Equity

High ROE: BKUC.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Blue Sky Uranium's financial position?


Financial Position Analysis

Short Term Liabilities: BKUC.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BKUC.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BKUC.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BKUC.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: BKUC.F has a high level of physical assets or inventory.

Debt Coverage by Assets: BKUC.F has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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

Forecast Cash Runway: BKUC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.9% each year


Next Steps

Dividend

What is Blue Sky Uranium's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate BKUC.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BKUC.F's dividends per share have been stable in the past.

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


Next Steps

Management

What is the CEO of Blue Sky Uranium's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Niko Cacos (52yo)

5.3yrs

Tenure

CA$60,000

Compensation

Mr. Nikolaos Cacos, B.Sc., M.I.M., has been the Chief Executive Officer and President of Blue Sky Uranium Corp. since September 2014. Mr. Cacos has been the President and Chief Executive Officer of Sunburs ...


CEO Compensation Analysis

Compensation vs Market: Niko's total compensation ($USD45.92K) is below average for companies of similar size in the US market ($USD519.76K).

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


Management Age and Tenure

1.9yrs

Average Tenure

Experienced Management: BKUC.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Age and Tenure

9.0yrs

Average Tenure

73yo

Average Age

Experienced Board: BKUC.F's board of directors are considered experienced (9 years average tenure).


Insider Trading

Insider Buying: BKUC.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$3,43823 Oct 19
Connie Norman
EntityIndividual
Role
Secretary
Corporate Secretary
Shares30,000
Max PriceUS$0.11
BuyUS$19,11711 Jul 19
Guillermo Pensado
EntityIndividual
Role
Senior Key Executive
Vice President of Exploration & Development
Shares166,666
Max PriceUS$0.11
BuyUS$5,58706 Jun 19
Connie Norman
EntityIndividual
Role
Secretary
Corporate Secretary
Shares50,000
Max PriceUS$0.11
BuyUS$1,56030 Apr 19
Joseph Grosso
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares10,000
Max PriceUS$0.16

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23%.


Management Team

  • Niko Cacos (52yo)

    President

    • Tenure: 5.3yrs
    • Compensation: CA$60.00k
  • Guillermo Pensado

    Vice President of Exploration & Development

    • Tenure: 1.9yrs
  • Ron McMillan

    Chief Technical Consultant & Member of Technical Advisory Board

    • Tenure: 9yrs
    • Compensation: CA$35.00k
  • Darren Urquhart (47yo)

    Chief Financial Officer

    • Compensation: CA$12.00k
  • Connie Norman

    Corporate Secretary

    • Tenure: 1.9yrs

Board Members

  • Ron Netolitzky (77yo)

    Member of Technical Advisory Board

    • Tenure: 9yrs
  • Gerry Carlson (73yo)

    Chairman of Technical Advisory Board

    • Compensation: CA$17.24k
  • Joe Grosso (80yo)

    Chairman of the Board

    • Tenure: 2.3yrs
    • Compensation: CA$50.00k
  • Niko Cacos (52yo)

    President

    • Tenure: 5.3yrs
    • Compensation: CA$60.00k
  • David Terry (53yo)

    Independent Director

    • Tenure: 9yrs
    • Compensation: CA$72.27k
  • Ron McMillan

    Chief Technical Consultant & Member of Technical Advisory Board

    • Tenure: 9yrs
    • Compensation: CA$35.00k
  • Samuel Romberger

    Member of Technical Advisory Board

    • Tenure: 9yrs

Company Information

Blue Sky Uranium Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blue Sky Uranium Corp.
  • Ticker: BKUC.F
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$12.612m
  • Listing Market Cap: CA$9.647m
  • Shares outstanding: 120.11m
  • Website: https://www.blueskyuranium.com

Location

  • Blue Sky Uranium Corp.
  • 837 West Hastings Street
  • Suite 411
  • Vancouver
  • British Columbia
  • V6C 3N6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSKTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2006
MAL2DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2006
BKUC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2006

Biography

Blue Sky Uranium Corp., a junior uranium exploration company, engages in acquiring, exploring, and evaluating natural resource properties in Argentina. It holds rights to approximately 434,000 hectares of properties in two provinces in Argentina. The company’s flagship project is the Amarillo Grande project, which covers an area of approximately 300,000 hectares located in central Rio Negro province, in the Patagonia region of southern Argentina. The company was formerly known as Mulligan Capital Corp. Blue Sky Uranium Corp. was incorporated in 2005 and 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 Analysis2020/01/18 00:25
End of Day Share Price2020/01/17 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.