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Blackhawk Resource

CNSX:BLR
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLR
CNSX
CA$5M
Market Cap
  1. Home
  2. CA
  3. Diversified Financials
Company description

Blackhawk Resource Corp. is a publicly owned investment manager. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
  • Blackhawk Resource is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
BLR Share Price and Events
7 Day Returns
-33.3%
CNSX:BLR
-4.9%
CA Capital Markets
-4.8%
CA Market
1 Year Returns
-40%
CNSX:BLR
12.7%
CA Capital Markets
0.1%
CA Market
BLR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Blackhawk Resource (BLR) -33.3% -14.3% 100% -40% -53.8% -53.8%
CA Capital Markets -4.9% -4.4% 1.2% 12.7% 8.8% 11.4%
CA Market -4.8% -3.2% -1% 0.1% 2.7% 10.3%
1 Year Return vs Industry and Market
  • BLR underperformed the Capital Markets industry which returned 12.7% over the past year.
  • BLR underperformed the Market in Canada which returned 0.1% over the past year.
Price Volatility
BLR
Industry
5yr Volatility vs Market

BLR Value

 Is Blackhawk Resource undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Blackhawk Resource to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Blackhawk Resource.

CNSX:BLR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= CA$0.12 * 3.4%
CA$0.00
Book Value of Equity per Share Median Book Value from the past 5 years. CA$0.12
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CNSX:BLR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 26.5%) (2.21%))
0.83
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (0.83 * 5.44%)
5.96%

Discounted Cash Flow Calculation for CNSX:BLR using Excess Returns Model Model

The calculations below outline how an intrinsic value for Blackhawk Resource is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

CNSX:BLR Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.4% – 5.96%) * CA$0.12)
CA$0.00
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CA$0.00 / (5.96% - 1.44%)
CA$-0.07
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CA$0.12 + CA$-0.07
CA$0.05
CNSX:BLR Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.05
Current discount Discount to share price of CA$0.03
= -1 x (CA$0.03 - CA$0.05) / CA$0.05
40%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Blackhawk Resource is available for.
Intrinsic value
40%
Share price is CA$0.03 vs Future cash flow value of CA$0.05001
Current Discount Checks
For Blackhawk Resource to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Blackhawk Resource's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Blackhawk Resource's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Blackhawk Resource's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Blackhawk Resource's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:BLR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.04
CNSX:BLR Share Price ** CNSX (2020-02-27) in CAD CA$0.03
Canada Capital Markets Industry PE Ratio Median Figure of 15 Publicly-Listed Capital Markets Companies 11.93x
Canada Market PE Ratio Median Figure of 509 Publicly-Listed Companies 15.2x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Blackhawk Resource.

CNSX:BLR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:BLR Share Price ÷ EPS (both in CAD)

= 0.03 ÷ -0.04

-0.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blackhawk Resource is loss making, we can't compare its value to the CA Capital Markets industry average.
  • Blackhawk Resource is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Blackhawk Resource's expected growth come at a high price?
Raw Data
CNSX:BLR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Capital Markets Industry PEG Ratio Median Figure of 37 Publicly-Listed Capital Markets Companies 2.6x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 1.05x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Blackhawk Resource, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Blackhawk Resource's assets?
Raw Data
CNSX:BLR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$0.02
CNSX:BLR Share Price * CNSX (2020-02-27) in CAD CA$0.03
Canada Capital Markets Industry PB Ratio Median Figure of 154 Publicly-Listed Capital Markets Companies 0.91x
Canada Market PB Ratio Median Figure of 2,345 Publicly-Listed Companies 1.35x
CNSX:BLR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:BLR Share Price ÷ Book Value per Share (both in CAD)

= 0.03 ÷ 0.02

1.96x

* Primary Listing of Blackhawk Resource.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Blackhawk Resource is overvalued based on assets compared to the CA Capital Markets industry average.
X
Value checks
We assess Blackhawk Resource's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Blackhawk Resource has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BLR Future Performance

 How is Blackhawk Resource expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Blackhawk Resource 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.6%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Blackhawk Resource expected to grow at an attractive rate?
  • Unable to compare Blackhawk Resource's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Blackhawk Resource's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Blackhawk Resource's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:BLR Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.6%
North America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 9.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:BLR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:BLR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 -2 -1 -3
2019-09-30 -2 -1 -3
2019-06-30 -2 -1 -2
2019-03-31 1 0 0
2018-12-31 0 0 0
2018-09-30 0 0 0
2018-06-30 0 0 -1
2018-03-31 -1 0 -1
2017-12-31 3 0 2
2017-09-30 2 0 2
2017-06-30 3 0 2
2017-03-31 3 -1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Blackhawk Resource is high growth as no earnings estimate data is available.
  • Unable to determine if Blackhawk Resource is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:BLR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Blackhawk Resource Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:BLR Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.04
2019-09-30 -0.05
2019-06-30 -0.05
2019-03-31 0.01
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 -0.01
2018-03-31 -0.03
2017-12-31 0.05
2017-09-30 0.04
2017-06-30 0.05
2017-03-31 0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Blackhawk Resource will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Blackhawk Resource's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Blackhawk Resource's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. Blackhawk Resource's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Blackhawk Resource's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Blackhawk Resource has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BLR Past Performance

  How has Blackhawk Resource performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Blackhawk Resource's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Blackhawk Resource does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Blackhawk Resource's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Blackhawk Resource's 1-year growth to the CA Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Blackhawk Resource's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Blackhawk Resource Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:BLR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -2.20 -2.92 0.71
2019-09-30 -1.95 -2.86 0.66
2019-06-30 -1.91 -2.43 0.51
2019-03-31 0.67 0.31 0.36
2018-12-31 0.49 0.17 0.32
2018-09-30 0.25 0.16 0.37
2018-06-30 -0.11 -0.52 0.40
2018-03-31 -0.67 -1.18 0.48
2017-12-31 2.66 2.15 0.50
2017-09-30 2.40 1.82 0.50
2017-06-30 2.71 2.15 0.49
2017-03-31 2.58 1.83 0.48
2016-12-31 -0.57 -1.39 0.52
2016-09-30 -0.42 -1.25 0.51
2016-06-30 -0.38 -1.23 0.54
2016-03-31 0.59 -0.15 0.57
2015-12-31 0.90 0.19 0.54
2015-09-30 0.68 -0.06 0.57
2015-06-30 0.76 -0.04 0.61
2015-03-31 0.86 0.19 0.66
2014-12-31 0.80 0.06 0.64
2014-09-30 1.59 0.55 0.81
2014-06-30 1.77 0.65 0.73
2014-03-31 1.10 -0.33 0.66
2013-12-31 0.99 -1.03 0.66
2013-09-30 0.69 -1.03 0.47
2013-06-30 0.61 -1.24 0.50
2013-03-31 0.75 0.38 0.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Blackhawk Resource has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Blackhawk Resource has efficiently used its assets last year compared to the CA Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Blackhawk Resource improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Blackhawk Resource's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Blackhawk Resource has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BLR Health

 How is Blackhawk Resource's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Blackhawk Resource's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Blackhawk Resource is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Blackhawk Resource has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Blackhawk Resource's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 17.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Blackhawk Resource Company Filings, last reported 1 month ago.

CNSX:BLR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2.31 0.10 1.42
2019-09-30 1.42 0.00 1.44
2019-06-30 0.63 0.00 0.46
2019-03-31 4.86 0.08 0.18
2018-12-31 4.81 0.00 0.26
2018-09-30 4.94 0.00 0.40
2018-06-30 4.77 0.25 0.46
2018-03-31 4.56 0.25 0.10
2017-12-31 4.84 0.00 0.01
2017-09-30 4.97 0.00 0.09
2017-06-30 5.48 0.00 0.19
2017-03-31 5.80 0.00 5.80
2016-12-31 2.75 0.00 2.85
2016-09-30 3.19 0.00 3.37
2016-06-30 3.43 0.00 1.26
2016-03-31 4.13 0.00 3.68
2015-12-31 4.32 0.00 3.96
2015-09-30 4.62 0.00 4.33
2015-06-30 4.77 0.00 4.44
2015-03-31 3.29 0.00 3.12
2014-12-31 3.11 0.00 2.88
2014-09-30 3.61 0.00 3.46
2014-06-30 3.74 0.00 4.21
2014-03-31 3.08 0.00 3.26
2013-12-31 3.01 0.00 3.04
2013-09-30 3.01 0.00 1.33
2013-06-30 3.05 0.00 3.14
2013-03-31 3.37 0.00 3.59
  • Blackhawk Resource's level of debt (4.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Blackhawk Resource's debt level has increased without past 5-year debt data.
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.

  • Blackhawk Resource has sufficient cash runway for 1.1 years based on current free cash flow.
  • Blackhawk Resource has less than a year of cash runway if free cash flow continues to reduce at historical rates of -29.8% each year.
X
Financial health checks
We assess Blackhawk Resource's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Blackhawk Resource has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BLR Dividends

 What is Blackhawk Resource's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Blackhawk Resource dividends.
If you bought CA$2,000 of Blackhawk Resource shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Blackhawk Resource's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Blackhawk Resource's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:BLR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 4.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

CNSX:BLR Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.000 0.000
2018-11-30 0.000 0.000
2018-10-29 0.000 0.000
2018-07-17 0.000 0.000
2017-11-29 0.000 0.000
2017-10-04 0.000 0.000
2017-03-21 0.000 0.000
2016-06-16 0.004 6.254
2016-03-22 0.004 5.947
2015-12-16 0.004 7.132
2015-09-21 0.004 7.511

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Blackhawk Resource has not reported any payouts.
  • Unable to verify if Blackhawk Resource's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Blackhawk Resource's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Blackhawk Resource has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Blackhawk Resource's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Blackhawk Resource afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Blackhawk Resource has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BLR Management

 What is the CEO of Blackhawk Resource's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Fred Pels
TENURE AS CEO 0.5 years
CEO Bio

Mr. Frederick Pels, also known as Fred, serves as the Chief Executive Officer and Director of Gaia Grow Corp. since July 23, 2019. Mr. Pels serves Co-Founder and President of Gaia Grow Corp. Mr. Pels serves as President and Chief Executive Officer at Blackhawk Resource Corp. since August 1, 2019 and has been its Director since October 01, 2019. He has honed his keen entrepreneurial skills, vast background in finance, contacts throughout the business community and experience within the industry since 2013. Prior to stake-horsing the seed investment inGAIA, he oversaw the establishment and expansion of the Green Room as a leader in medical cannabis supply, industry best practices and education about the cannabis industry itself. Leading by example, he plans to continue to prioritize public safety and work with all levels of government as they navigate how to regulate the growing and sale of cannabis both domestically and internationally.

CEO Compensation
  • Insufficient data for Fred to compare compensation growth.
  • Insufficient data for Fred to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Blackhawk Resource management team in years:

0.5
Average Tenure
  • The average tenure for the Blackhawk Resource management team is less than 2 years, this suggests a new team.
Management Team

Fred Pels

TITLE
President
TENURE
0.5 yrs

Konstantin Lichtenwald

TITLE
Chief Financial Officer
AGE
35
TENURE
0.2 yrs

Trevor Wong-Chor

TITLE
Corporate Secretary
AGE
50
TENURE
11 yrs
Board of Directors Tenure

Average tenure of the Blackhawk Resource board of directors in years:

0.3
Average Tenure
  • The average tenure for the Blackhawk Resource board of directors is less than 3 years, this suggests a new board.
Board of Directors

Fred Pels

TITLE
President
TENURE
0.3 yrs

Dale Owen

TITLE
Independent Director
COMPENSATION
CA$1K
TENURE
1 yrs

Dave Antony

TITLE
Independent Director
COMPENSATION
CA$60K
AGE
56
TENURE
11 yrs

Alex Klenman

TITLE
Independent Director
AGE
56
TENURE
0.2 yrs

Marc Lowenstein

TITLE
Independent Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
29. May 19 Buy Transcend Capital Inc, Asset Management Arm Company 28. May 19 28. May 19 3,000,000 CA$0.05 CA$150,001
X
Management checks
We assess Blackhawk Resource's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Blackhawk Resource has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BLR News

Simply Wall St News

BLR Company Info

Description

Blackhawk Resource Corp. is a publicly owned investment manager. It invests in public equity and fixed income markets across North America. It focuses on investing in multiple companies across various sectors. The company was formerly known as Rich Minerals Corporation. Blackhawk Resource Corp. was incorporated in 1986 and is based in Calgary, Canada.

Details
Name: Blackhawk Resource Corp.
BLR
Exchange: CNSX
Founded: 1986
CA$4,534,841
151,161,374
Website: http://www.blackhawkcorp.ca
Address: Blackhawk Resource Corp.
650, 816 7 Avenue SW,
Calgary,
Alberta, T2P 1A1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX BLR Common Shares Canadian National Stock Exchange CA CAD 01. May 1992
OTCPK BLRZ.F Common Shares Pink Sheets LLC US USD 01. May 1992
Number of employees
Current staff
Staff numbers
0
Blackhawk Resource employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/28 00:57
End of day share price update: 2020/02/27 00:00
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.