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Belmont Resources

TSXV:BEA
Snowflake Description

Overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BEA
TSXV
CA$821K
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Belmont Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States. The last earnings update was 99 days ago. More info.


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BEA Share Price and Events
7 Day Returns
100%
TSXV:BEA
3.7%
CA Metals and Mining
3%
CA Market
1 Year Returns
-84.4%
TSXV:BEA
-8.2%
CA Metals and Mining
-24.5%
CA Market
BEA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Belmont Resources (BEA) 100% - 42.9% -84.4% -91.1% -84.4%
CA Metals and Mining 3.7% -12.5% -13.1% -8.2% -18.7% 5.9%
CA Market 3% -21.2% -24.4% -24.5% -21.9% -16.6%
1 Year Return vs Industry and Market
  • BEA underperformed the Metals and Mining industry which returned -8.2% over the past year.
  • BEA underperformed the Market in Canada which returned -24.5% over the past year.
Price Volatility
BEA
Industry
5yr Volatility vs Market

BEA Value

 Is Belmont Resources 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
  • 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 CA$0.05.
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 Belmont Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Belmont Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BEA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-31) in CAD CA$-0.07
TSXV:BEA Share Price ** TSXV (2020-04-03) in CAD CA$0.05
Canada Metals and Mining Industry PE Ratio Median Figure of 79 Publicly-Listed Metals and Mining Companies 12.84x
Canada Market PE Ratio Median Figure of 497 Publicly-Listed Companies 10.56x

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

** Primary Listing of Belmont Resources.

TSXV:BEA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BEA Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.07

-0.67x

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

  • Belmont Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Belmont Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Belmont Resources's expected growth come at a high price?
Raw Data
TSXV:BEA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.57x
Canada Market PEG Ratio Median Figure of 232 Publicly-Listed Companies 0.68x

*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 Belmont Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Belmont Resources's assets?
Raw Data
TSXV:BEA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-31) in CAD CA$0.07
TSXV:BEA Share Price * TSXV (2020-04-03) in CAD CA$0.05
Canada Metals and Mining Industry PB Ratio Median Figure of 1,053 Publicly-Listed Metals and Mining Companies 1.19x
Canada Market PB Ratio Median Figure of 2,358 Publicly-Listed Companies 0.98x
TSXV:BEA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BEA Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ 0.07

0.7x

* Primary Listing of Belmont Resources.

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

  • Belmont Resources is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Belmont Resources'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Belmont Resources has a total score of 1/6, 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.

BEA Future Performance

 How is Belmont Resources 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 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 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
12.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Belmont Resources expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
TSXV:BEA Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 12.8%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 5.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*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
TSXV:BEA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months 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.
TSXV:BEA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-10-31 0 -1
2019-07-31 -1 -1
2019-04-30 -1 -1
2019-01-31 -1 -1
2018-10-31 -1 -1
2018-07-31 -1 -1
2018-04-30 -1 -1
2018-01-31 0 -1
2017-10-31 0 -1
2017-07-31 -1 -1
2017-04-30 -1 -1
2017-01-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
TSXV:BEA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Belmont Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BEA Past Financials Data
Date (Data in CAD Millions) EPS *
2019-10-31 -0.07
2019-07-31 -0.11
2019-04-30 -0.13
2019-01-31 -0.14
2018-10-31 -0.12
2018-07-31 -0.10
2018-04-30 -0.10
2018-01-31 -0.11
2017-10-31 -0.13
2017-07-31 -0.16
2017-04-30 -0.16
2017-01-31 -0.16

*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 Belmont Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Belmont Resources'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 Materials companies here
  2. Belmont Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Belmont Resources'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
Belmont Resources 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.

BEA Past Performance

  How has Belmont Resources 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 Belmont Resources's growth in the last year to its industry (Metals and Mining).
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.
  • Belmont Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Belmont Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Belmont Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Belmont Resources'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 Belmont Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BEA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-31 -0.96 0.45
2019-07-31 -1.22 0.62
2019-04-30 -1.35 0.76
2019-01-31 -1.41 0.81
2018-10-31 -1.08 0.92
2018-07-31 -0.75 0.68
2018-04-30 -0.69 0.62
2018-01-31 -0.64 0.56
2017-10-31 -0.69 0.63
2017-07-31 -0.76 0.69
2017-04-30 -0.72 0.66
2017-01-31 -0.61 0.57
2016-10-31 -0.66 0.38
2016-07-31 -0.58 0.32
2016-04-30 -0.53 0.26
2016-01-31 -0.50 0.24
2015-10-31 -1.04 0.25
2015-07-31 -1.04 0.24
2015-04-30 -0.98 0.20
2015-01-31 -0.99 0.20
2014-10-31 -0.27 0.22
2014-07-31 -0.28 0.23
2014-04-30 -0.31 0.26
2014-01-31 -0.34 0.29
2013-10-31 -0.57 0.31
2013-07-31 -0.60 0.34
2013-04-30 -0.65 0.39

*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 Belmont Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Belmont Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Belmont Resources 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 Belmont Resources'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 Metals and Mining 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.
Belmont Resources 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.

BEA Health

 How is Belmont Resources'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 Belmont Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 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.
Balance sheet
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 checks below.
Assets
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.
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 Belmont Resources Company Filings, last reported 5 months ago.

TSXV:BEA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-31 1.13 0.05 0.01
2019-07-31 1.22 0.00 0.04
2019-04-30 1.12 0.00 0.02
2019-01-31 1.05 0.00 0.05
2018-10-31 1.09 0.00 0.12
2018-07-31 1.16 0.03 0.52
2018-04-30 0.70 0.03 0.12
2018-01-31 0.47 0.07 0.06
2017-10-31 0.29 0.07 0.02
2017-07-31 0.33 0.03 0.05
2017-04-30 0.31 0.03 0.15
2017-01-31 0.03 0.09 0.02
2016-10-31 0.17 0.11 0.06
2016-07-31 0.25 0.00 0.08
2016-04-30 0.03 0.00 0.09
2016-01-31 -0.07 0.00 0.03
2015-10-31 0.17 0.00 0.03
2015-07-31 0.24 0.00 0.06
2015-04-30 0.24 0.00 0.07
2015-01-31 0.21 0.00 0.07
2014-10-31 0.97 0.00 0.10
2014-07-31 1.06 0.02 0.20
2014-04-30 1.01 0.03 0.04
2014-01-31 1.07 0.00 0.07
2013-10-31 1.13 0.00 0.07
2013-07-31 1.20 0.00 0.14
2013-04-30 1.27 0.00 0.25
  • Belmont Resources's level of debt (4%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Belmont Resources'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.

  • Belmont Resources has less than a year of cash runway based on current free cash flow.
  • Belmont Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 27% each year.
X
Financial health checks
We assess Belmont Resources'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. Belmont Resources has a total score of 1/6, 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.

BEA Dividends

 What is Belmont Resources'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 Belmont Resources dividends.
If you bought CA$2,000 of Belmont Resources 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 Belmont Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Belmont Resources'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
TSXV:BEA 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Belmont Resources has not reported any payouts.
  • Unable to verify if Belmont Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Belmont Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Belmont Resources 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 Belmont Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Belmont Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Belmont Resources 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.

BEA Management

 What is the CEO of Belmont Resources'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
George Sookochoff
AGE 67
TENURE AS CEO 0.4 years
CEO Bio

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.

CEO Compensation
  • 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 Belmont Resources management team in years:

0.9
Average Tenure
  • The average tenure for the Belmont Resources management team is less than 2 years, this suggests a new team.
Management Team

Gary Musil

TITLE
Corporate Secretary
COMPENSATION
CA$85K
AGE
68
TENURE
20.3 yrs

Karim Rayani

TITLE
TENURE
0.9 yrs

George Sookochoff

TITLE
Chairman
AGE
67
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the Belmont Resources board of directors in years:

2.3
Average Tenure
67
Average Age
  • The average tenure for the Belmont Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Gary Musil

TITLE
Corporate Secretary
COMPENSATION
CA$85K
AGE
68
TENURE
27.7 yrs

George Sookochoff

TITLE
Chairman
AGE
67
TENURE
0.4 yrs

Vojtech Agyagos

TITLE
Director
COMPENSATION
CA$15K
AGE
75
TENURE
23.3 yrs

Jim Place

TITLE
Director
COMPENSATION
CA$85K
AGE
57
TENURE
2.3 yrs

Aziz Khalili

TITLE
Member of Advisory Board
TENURE
3.4 yrs

Ian Graham

TITLE
Member of Advisory Board
TENURE
1.9 yrs

Jared Lazerson

TITLE
Independent Director
AGE
48
TENURE
1.3 yrs
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.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
28. Feb 20 Buy Gary Musil Individual 27. Feb 20 28. Feb 20 50,000 CA$0.04 CA$2,006
27. Dec 19 Buy Gary Musil Individual 23. Dec 19 27. Dec 19 14,000 CA$0.03 CA$417
07. Jan 20 Buy Gary Musil Individual 06. Jan 20 06. Jan 20 3,000 CA$0.03 CA$90
25. Nov 19 Buy Gary Musil Individual 22. Nov 19 22. Nov 19 90,000 CA$0.04 CA$3,150
01. Nov 19 Buy Gary Musil Individual 30. Oct 19 30. Oct 19 70,000 CA$0.05 CA$3,150
08. Aug 19 Sell Gary Musil Individual 06. Aug 19 06. Aug 19 -25,000 CA$0.09 CA$-2,125
01. Aug 19 Buy Gary Musil Individual 30. Jul 19 30. Jul 19 30,000 CA$0.08 CA$2,315
03. Jul 19 Buy Gary Musil Individual 28. Jun 19 28. Jun 19 200,000 CA$0.06 CA$12,000
03. Jul 19 Buy Vojtech Agyagos Individual 28. Jun 19 28. Jun 19 200,000 CA$0.06 CA$12,000
X
Management checks
We assess Belmont Resources'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. Belmont Resources 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.

BEA News

Simply Wall St News

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?

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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.

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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.

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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.

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BEA Company Info

Description

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.

Details
Name: Belmont Resources Inc.
BEA
Exchange: TSXV
Founded: 1978
CA$820,770
16,415,405
Website: http://www.belmontresources.com
Address: Belmont Resources Inc.
625 Howe Street,
Suite 600,
Vancouver,
British Columbia, V6C 2T6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BEA Common Shares TSX Venture Exchange CA CAD 30. Sep 1982
DB L3L1 Common Shares Deutsche Boerse AG DE EUR 30. Sep 1982
MUN L3L2 Common Shares Boerse Muenchen DE EUR 30. Sep 1982
Number of employees
Current staff
Staff numbers
0
Belmont Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 23:32
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2019/12/27
Last earnings reported: 2019/10/31
Last annual earnings reported: 2019/01/31


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.