BLLG:CA:CNSX-Blue Lagoon Resources Inc (CAD)

COMMON STOCK | Gold | CNSX

Last Closing Price

CAD 0.52

Change

0.00 (0.00)%

Market Cap

CAD 0.04B

Volume

0.07M

Avg Analyst Target

CAD 1.07 (+105.77%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Blue Lagoon Resources Inc. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. Its flagship project is the Dome Mountain Gold Project located in British Columbia. The company was formerly known as Blue Lagoon Capital Inc. and changed its name to Blue Lagoon Resources Inc. in December 2018. Blue Lagoon Resources Inc. was incorporated in 2017 and is based in Vancouver, Canada. Address: 750 West Pender Street, Vancouver, BC, Canada, V6C 1G8

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-09-20 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
G:CA Augusta Gold Corp

N/A

CAD12.35B 127.90 N/A
ASE:CA Asante Gold Corporation

-0.04 (-3.67%)

CAD0.14B N/A N/A
USGD:CA American Pacific Mining Corp

N/A

CAD0.08B N/A N/A
GTCH:CA Getchell Gold Corp

-0.02 (-2.94%)

CAD0.06B N/A N/A
NFLD:CA Exploits Discovery Corp

-0.06 (-9.38%)

CAD0.05B N/A N/A
SOLD:CA AmmPower Corp

N/A

CAD0.03B N/A N/A
FMAN:CA Freeman Gold Corp

+0.01 (+2.78%)

CAD0.03B N/A N/A
ETI:CA EnviroLeach Technologies Inc

-0.04 (-11.29%)

CAD0.03B N/A N/A
GXX:CA Gold Basin Resources Corporati..

-0.01 (-2.86%)

CAD0.03B N/A N/A
MIRL:CA Minera IRL Limited

N/A

CAD0.02B 0.66 2.47

ETFs Containing BLLG:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Gold)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -21.21% 62% D- 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -21.21% 62% D- 40% F
Trailing 12 Months  
Capital Gain -33.33% 43% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -33.33% 43% F 24% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.07% 39% F 34% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.07% 39% F 34% F
Risk Return Profile  
Volatility (Standard Deviation) 5.01% 97% A+ 98% A+
Risk Adjusted Return -21.43% 32% F 26% F
Market Capitalization 0.04B 91% A- 77% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio N/A N/A N/A N/A N/A
Price/Book Ratio 1.40 78% C+ 77% C+
Price / Cash Flow Ratio -5.12 20% F 29% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -27.30% 68% D+ 78% C+
Return on Invested Capital -46.03% 52% F 49% F
Return on Assets -17.55% 72% C- 66% D
Debt to Equity Ratio 0.17% 100% A+ 61% D-
Technical Ratios  
Short Ratio 1.29 17% F 18% F
Short Percent 0.15% 29% F 23% F
Beta 1.09 36% F 57% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.