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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Belmont Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Belmont Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Belmont Resources 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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Belmont Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Belmont Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Belmont Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Belmont Resources is high growth as no earnings estimate data is available.
Unable to determine if Belmont Resources 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.
Belmont Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Belmont Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Belmont Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Belmont Resources's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Belmont Resources'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.4x debt.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. George Sookochoff, B. Comm (Database Specialist), serves as Director at Belmont Resources Inc. since October 2019. and has been Chairman, President and Chief Executive Officer since November 12, 2019. He served as President of GGX Gold Corp. since April 2019. He served as Executive Vice-President of Corporate Development and Communications at Golden Dawn Minerals Inc. since August 2017. Mr. Sookochoff served as the Chief Executive Officer of International PBX Ventures Ltd., since February 1, 2008 and as its Interim President from September 2012 to October 2012. Mr. Sookochoff served as the President of International PBX Ventures Ltd., from July 2008 to June 2012. Mr. Sookochoff served as the Chief Executive Officer of Chilean Metals Inc. from February 1, 2008 to October 11, 2012 and also served as its President from July 2008 to June 2012 and Interim President from September 2012 to October 11, 2012. He has experience in the junior mining sector providing consulting services in the area of project development, data analysis and management and digital marketing. He has been an Independent Director of International PBX Ventures Ltd., since August 9, 2006. He serves as a Member of Advisory Board at Golden Dawn Minerals Inc. He served as an Independent Director of Hard Creek Nickel Corp. from November 23, 2003 to June 2015. He served as a Director of Hi Ho Silver Resources Inc. from June 27, 2014 to October 20, 2014. He served as a Director of Chilean Metals Inc. since August 9, 2006. He holds a Bachelor of Commerce in Marketing-Computer Sciences from the University of British Columbia in 1975.
Insufficient data for George to compare compensation growth.
Insufficient data for George to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Belmont Resources management team is less than 2 years, this suggests a new team.
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Belmont Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Member of Advisory Board
Member of Advisory Board
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Belmont Resources individual insiders in the past 3 months, but not in substantial volumes.
Are Belmont Resources Inc's (CVE:BEA) Interest Costs Too High?
Over the past year, BEA has borrowed debt capital of around CA$89.51K – this includes both the current and long-term debt. … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … TSXV:BEA Historical Debt May 18th 18 Is BEA’s debt level acceptable?
How Much is Belmont Resources Inc's (TSXV:BEA) CEO Getting Paid?
Typically I'd use market cap and profit as factors determining performance, however, BEA's negative earnings reduces the usefulness of my formula. … Although remuneration can be a useful gauge of whether Agyagos's incentives are well-aligned with BEA's shareholders, it is certainly not sufficient to base your investment decision solely on this factor. … Whether the company is fundamentally strong depends on BEA's financial health and its future outlook.
Who Are Belmont Resources Inc's (TSXV:BEA) Major Shareholders?
BEA insiders are also influential stakeholders with 5.17% ownership in the company. … This level of stake with insiders indicate highly aligned interests of shareholders and company executives. … Institutional ownership in BEA is not at a level that would concern investors.
Does Belmont Resources Inc's (TSXV:BEA) Debt Level Pose A Serious Problem?
View our latest analysis for Belmont Resources How does BEA’s operating cash flow stack up against its debt? … In the case of BEA, operating cash flow turned out to be -15.48x its debt level over the past twelve months. … But its current cash flow coverage of existing debt, in addition to the low liquidity, is concerning.
Belmont Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. The company primarily explores for uranium and lithium deposits. It holds a 100% interest in the Kibby Basin property covering 5,080 acres located in Esmeralda County, Nevada; 50% interests in the Crackingstone River property with 1 mineral claim covering 12,841 ha located in northern Saskatchewan; and an option to acquire a 100% interest in the Pathfinder Property comprising 295.56 ha located in southern British Columbia. The company was incorporated in 1978 and is headquartered in Vancouver, Canada.
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