BOLD VENTURES INC chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta -0.89
Market capitalization 4.75M
Operating cash flow -296.21k
ESG Scores unknown

Company description

Bold Ventures Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for chromium, copper, gold, lead, nickel, palladium, platinum, silver, lithium, and zinc deposits. It holds interest in the Ring of Fire project comprising 878 claim cells/boundary cells covering an area of approximately 16,789 hectares located in northern Ontario. The company also has an option to acquire 100% interests in the Farwell Gold and Base Metal Project that covers an area of 7,770 hectares located in Ontario; and the Traxxin Gold Property located in Northwestern Ontario. In addition, it has an option to acquire the Wilcorp Project located in Northwestern Ontario. The company was formerly known as Hydra-Max Industries Ltd. and changed its name to Bold Ventures Inc. in April 2006. Bold Ventures Inc. was incorporated in 1989 and is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Change To Liabilities 44.56k 69.76k 72.34k 29.31k
Total Cashflows From Investing Activities -218.3k -4.96k -134.58k -184.97k
Net Borrowings 10k 10k -10k
Total Cash From Financing Activities 200k 10k 479.25k 217.11k
Change To Operating Activities 76 1.28k -7.12k -3.12k
Issuance Of Stock 200k 573.33k 573.33k 204k
Net Income -127.72k -931.43k -202.61k -283.55k
Change In Cash -105.46k -31.81k 215.58k -127.69k
Effect Of Exchange Rate
Total Cash From Operating Activities -87.16k -36.85k -129.1k -159.83k
Depreciation 810.49k 810.49k 16.74k
Change To Account Receivables -4.07k 12.88k -18.95k 9.37k
Other Cashflows From Financing Activities -84.07k -84.07k -84.07k 13.11k
Change To Netincome 169 169 10.51k 88.16k
Capital Expenditures -226.31k -7.02k -134.58k -184.97k

Income Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Research Development
Income Before Tax -127.72k -931.43k -202.61k -283.55k
Net Income -127.72k -931.43k -202.61k -283.55k
Selling General Administrative 167.25k 108.98k 171.32k 183.07k
Gross Profit
Ebit -107.44k -919.47k -188.06k -332.97k
Operating Income -107.44k -919.47k -188.06k -332.97k
Interest Expense -1.93k -1.93k -1.93k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -20.28k -11.96k -14.55k 49.43k
Net Income From Continuing Ops -127.72k -931.43k -202.61k -283.55k
Net Income Applicable To Common Shares -127.72k -931.43k -202.61k -283.55k

Balance Sheet Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Total Liabilities 106.26k 115.53k 139.07k 227.22k
Total Stockholder Equity 1.32M 482.67k 844.61k 931.07k
Other Current Liabilities 61.74k 38.75k
Total Assets 1.42M 598.19k 983.68k 1.16M
Common Stock 11.17M 11.27M 11.7M 11.86M
Other Current Assets
Retained Earnings -10.25M -11.11M -11.17M -11.4M
Treasury Stock
Cash 43.46k 11.65k 227.22k 99.53k
Total Current Liabilities 106.26k 115.53k 139.07k 227.22k
Other Stockholder Equity
Property, Plant, and Equipment 1.36M 584.35k 728.18k 1.04M
Total Current Assets 62.04k 13.84k 255.5k 121.55k
Net Tangible Assets 1.32M 482.67k 844.61k 931.07k
Net Receivables 13.05k 168 19.12k 9.76k
Accounts Payable 44.04k 41.12k 50.42k 137.48k


Insider Transactions

Here are the insider transactions of stock shares related to BOLD VENTURES INC:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Brunelle (Steven Samuel)Acquisition or disposition in the public market at price 0.10 per share.D2022-04-20Director of Issuer50k
Graham, David BruceAcquisition or disposition in the public market at price 0.07 per share.I2022-03-29Director of Issuer9k
Graham, David BruceAcquisition or disposition in the public market at price 0.07 per share.I2022-03-24Director of Issuer11k
Graham, David BruceAcquisition or disposition in the public market at price 0.07 per share.D2021-07-21Director of Issuer10k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BOLD VENTURES INC. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BOLD VENTURES INC

Here is the result of two systematic investment strategies applied to BOLD VENTURES INC. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BOLD VENTURES INC

The following chart shows the equity curve of the two systematic investment strategies applied to BOLD VENTURES INC:

BOLD VENTURES INC automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 259.28% on the backtest period.

Performance at glance

Performance

259.28 %

Latent gain

5185.75 C$

Invested capital

2000.03 C$

Annualized return

57.36 %
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Momentum strategy results on BOLD VENTURES INC

This is the result of two momentum investment strategies applied to BOLD VENTURES INC. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BOLD VENTURES INC

The following chart shows all the entries opened by the momentum investment system on BOLD VENTURES INC:

BOLD VENTURES INC momentum entries
  • The first momentum investment strategy would give 308.32% of return on BOLD VENTURES INC. That represents 26207.4C$ of latent gain with 8500.02C$ of employed capital.
  • The second momentum investment strategy would give 332.61% of return on BOLD VENTURES INC. That represents 21619.55C$ of latent gain with 6499.96C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

308.32 %

Latent gain

26207.4 C$

Invested capital

8500.02 C$

Annualized return

674.6 %
Performance at glance (2Q Momentum)

Performance

332.61 %

Latent gain

21619.55 C$

Invested capital

6499.96 C$

Annualized return

82.33 %

Momentum equity curve on BOLD VENTURES INC

The following chart shows the equity curve of the two momentum strategies applied to BOLD VENTURES INC:

BOLD VENTURES INC momentum equity

Note: the dividends potentially given by BOLD VENTURES INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BOLD VENTURES INC

The following chart shows the employed capital evolution of the two momentum strategies on BOLD VENTURES INC since the beginning:

BOLD VENTURES INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on BOLD VENTURES INC

Buy the dip entry openings on BOLD VENTURES INC

BOLD VENTURES INC

The performance achieved by the robo-advisor on BOLD VENTURES INC is 1700.0%. That represents 8500.0$ of latent gain with 500.0C$ of employed capital. The following chart shows BOLD VENTURES INC stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BOLD VENTURES INC, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

1700.0 %

Latent gain

8500.0 C$

Invested capital

500.0 C$

Annualized return

674.6 %

Equity curve of the strategy applied to BOLD VENTURES INC

The following chart shows the result of the investment strategy applied to BOLD VENTURES INC:

BOLD VENTURES INC

Note: the dividends potentially given by BOLD VENTURES INC are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BOLD VENTURES INC

The following chart shows the employed capital evolution since the beginning of the investment strategy on BOLD VENTURES INC:

BOLD VENTURES INC

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BOLD VENTURES INC

In this section, I will compare the three previous investment strategies applied to BOLD VENTURES INC.

Equity curve comparison on BOLD VENTURES INC

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BOLD VENTURES INC investment strategy comparison

Employed capital comparison on BOLD VENTURES INC

BOLD VENTURES INC investment comparison

Performance comparison on BOLD VENTURES INC

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 259.28% 5185.75C$ 2000.03C$ 57.36%
Momentum 1 quarter 308.32% 26207.4C$ 8500.02C$ 72.04%
Momentum 2 quarters 332.61% 21619.55C$ 6499.96C$ 82.33%
Non-directional 1700.0% 8500.0C$ 500.0C$ 674.6%
Annualized return comparison

Automatic investment

57.36 %

Momentum 1Q

82.33 %

Momentum 2Q

82.33 %

Non-directional

674.6 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BOLD VENTURES INC:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BOLD VENTURES INC and the other stocks. There may be false positives or some missing correlated stocks. If the price of BOLD VENTURES INC does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BOLD VENTURES INC
Country Canada
City Toronto
Address Bay Adelaide Centre-East Tower
Phone 416 864 1456
Website www.boldventuresinc.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker BOL.XTSX
Market www.tsx.com

BOLD VENTURES INC ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown