Base Resources (BSE) Share Price, News & Analysis

Company Overview

Base Resources Limited operates as mineral sand developer and producer in Africa. It operates through Kwale Operation, Toliara Project, and Other segments. The company produces mineral sands, such as rutile, ilmenite, and zircon. It primarily owns a 100% interest in the Kwale Mineral Sands project located in Kenya; and develops the Toliara project located in Madagascar. The company was formerly known as Base Iron Limited and changed its name to Base Resources Limited in 2010. The company was incorporated in 2007 and is headquartered in West Perth, Australia.

Key Stats

• Today's Range: 11.50 to 12.30
• 50-Day Range: 8.98 to 12.75
• 52-Week Range: 5 to 15
• Volume: 207,313 shs
• Average Volume: 253,862 shs
• Market Capitalization: £143.91 million
• P/E Ratio: N/A
• Dividend Yield: 24.39%
• Price Target: GBX 24
• Consensus Rating: Moderate Buy

Base Resources Stock Analysis - MarketRank™

Base Resources scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Base Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Base Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Base Resources is -387.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Base Resources is -387.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Base Resources has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BSE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Base Resources is a leading dividend payer. It pays a dividend yield of 52.23%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Base Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BSE.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Base Resources has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Base Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.02% of the stock of Base Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

57.99% of the stock of Base Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BSE Stock Analysis - Frequently Asked Questions

How have BSE shares performed this year?

Base Resources' stock was trading at GBX 7.25 on January 1st, 2024. Since then, BSE stock has increased by 69.7% and is now trading at GBX 12.30.
View the best growth stocks for 2024 here.

How do I buy shares of Base Resources?

Shares of BSE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Base Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Base Resources investors own include Lloyds Banking Group (LLOY), Cullinan Therapeutics (CGEM), Baozun (BZUN), ITV (ITV), Watkin Jones (WJG), Aviva (AV) and Babcock International Group (BAB).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: LON:BSE
• CUSIP: N/A
• CIK: N/A
• Web: www.baseresources.com.au
• Phone: +61-8-94137400
• Fax: N/A
• Employees: 1,744
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 24
• High Stock Price Target: GBX 35
• Low Stock Price Target: GBX 13
• Potential Upside/Downside: +95.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.96
• P/E Growth: N/A
• Net Income: £-1,250,000.00
• Net Margins: -1.22%
• Pretax Margin: N/A
• Return on Equity: -0.60%
• Return on Assets: 3.79%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 2.35
• Quick Ratio: 3.81

Sales & Book Value

• Annual Sales: £135.11 million
• Price / Sales: 1.07
• Cash Flow: GBX 4.73 per share
• Price / Cash Flow: 2.60
• Book Value: GBX 22 per share
• Price / Book: 0.56

Miscellaneous

• Outstanding Shares: 1,170,000,000
• Free Float: N/A
• Market Cap: £143.91 million
• Optionable: Not Optionable
• Beta: 0.61