Bluejay Mining PLC (GB:80M)
LSE:80M
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Bluejay Mining
(LSE:80M)
Select Model
Select Model
Rating:49Neutral
Price Target:
1.00 p
▲(92.31% Upside)
Action:ReiteratedDate:01/31/26
The score is held down primarily by weak financial performance (no revenue, widening losses, and ongoing cash burn), which increases funding and dilution risk despite low debt. Technicals are supportive with strong trend and positive momentum, but overbought signals temper the benefit. Valuation is difficult to assess due to negative earnings and no dividend yield data.
Positive Factors
Low leverage
Near-zero debt materially reduces financial distress risk for a pre-revenue explorer. Low leverage preserves flexibility to structure partner-funded deals or staged financings, making it easier to support prolonged exploration and permitting cycles without fixed interest burdens.
Negative Factors
No operating revenue
Persistent absence of operating revenue and sharply widening losses indicate the company remains early-stage without an earnings base. This structural profile necessitates recurring external funding and creates execution risk if capital markets or partner interest weaken over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Near-zero debt materially reduces financial distress risk for a pre-revenue explorer. Low leverage preserves flexibility to structure partner-funded deals or staged financings, making it easier to support prolonged exploration and permitting cycles without fixed interest burdens.
Read all positive factors
Bluejay Mining (80M) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£49.07M
Dividend YieldN/A
Average Volume (3M)98.98M
Price to Earnings (P/E)0.6
Beta (1Y)0.98
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding5,061,562,500
10 Day Avg. Volume51,949,375
30 Day Avg. Volume98,977,122
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.14
Price to Sales (P/S)0.00
P/FCF Ratio-1.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bluejay Mining Business Overview & Revenue Model
Company Description
80 Mile Plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in the United Kingdom, Greenland, and Finland. The company explores for ilmenite, copper, cobalt, zinc, lead, nickel, platinum, and...
How the Company Makes Money
Bluejay Mining does not have publicly available evidence of ongoing revenue from producing mines or commercial mineral sales; its business model is primarily that of a pre-revenue exploration and development company. As a result, its ability to ge...
Bluejay Mining Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
24
Negative
| Breakdown | Jun 2025 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -35.89K | -213.52K | -629.93K | -199.84K | -606.59K |
| EBITDA | -2.86M | -1.49M | -2.15M | -2.24M | -1.85M |
| Net Income | -9.56M | -1.81M | 1.66M | -2.71M | -2.26M |
Balance Sheet | |||||
| Total Assets | 34.15M | 40.52M | 41.03M | 32.66M | 36.87M |
| Cash, Cash Equivalents and Short-Term Investments | 414.97K | 200.70K | 2.00M | 2.70M | 6.04M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 62.22K |
| Total Liabilities | 1.19M | 1.14M | 1.02M | 1.13M | 1.74M |
| Stockholders Equity | 32.97M | 39.38M | 40.01M | 31.53M | 35.13M |
Cash Flow | |||||
| Free Cash Flow | -3.83M | -3.75M | -5.97M | -3.52M | -4.20M |
| Operating Cash Flow | -3.03M | -67.71K | -969.03K | -604.79K | -1.48M |
| Investing Cash Flow | -754.96K | -3.60M | -4.95M | -2.66M | -2.81M |
| Financing Cash Flow | 4.23M | 1.88M | 5.20M | 23.50K | -82.34K |
Bluejay Mining Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | £462.89M | -0.10 | 233.54% | ― | -100.00% | -121.52% | |
52 Neutral | £31.73M | -9.13 | >-0.01% | ― | ― | -19.57% | |
49 Neutral | £49.07M | 0.59 | 1.23% | ― | ― | ― | |
45 Neutral | £31.65M | -1.74 | -73.36% | ― | ― | ― |
* Basic Materials Sector Average
GB:80M
Bluejay Mining
1.01
0.78
329.79%
GB:CMET
Capital Metals plc
4.95
2.25
83.33%
GB:KAV
Kavango Resources
0.73
0.05
7.41%
GB:ZNWD
Zinnwald Lithium Plc
5.85
-0.25
-4.10%
GB:TUN
Tungsten West Plc
37.10
33.48
923.45%
GB:MET1
Metals One PLC
1.77
-13.73
-88.61%
Bluejay Mining Corporate Events
Business Operations and StrategyM&A Transactions
80 Mile Moves to Fully Acquire White Flame Energy Minority Stake
Positive
Mar 11, 2026
80 Mile plc has moved to acquire the remaining 3.36% of White Flame Energy Ltd it does not already own, having increased its stake to 96.64% following prior transactions completed since late 2024. The company has sent a letter to WFE’s minor...
Business Operations and StrategyPrivate Placements and Financing
80 Mile issues new shares on advisor warrant exercise as major Greenland projects advance
Positive
Mar 3, 2026
80 Mile plc has issued 2,500,000 new ordinary shares following the exercise of advisor warrants at 0.30p, with the stock set to be admitted to trading on AIM around 9 March 2026. Following this admission, the company’s share capital will tot...
Business Operations and StrategyDelistings and Listing ChangesShareholder Meetings
80 Mile Highlights Nasdaq Debut of Greenland Energy and Progress at Giant Jameson Basin
Positive
Feb 27, 2026
80 Mile Plc has confirmed that Greenland Energy Company, the combined entity formed from Pelican Acquisition Corporation, Greenland Exploration Limited and March GL, is expected to begin trading on Nasdaq under the ticker GLND on or around 18 Marc...
Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsRegulatory Filings and Compliance
80 Mile gains free‑carried drilling as Greenland Energy wins SEC nod for Jameson deal
Positive
Feb 19, 2026
80 Mile Plc said Pelican Acquisition Corp has received SEC approval to acquire Greenland Exploration Limited and March GL, clearing the way for the combined group to list on Nasdaq as Greenland Energy under the ticker GLND, subject only to shareho...
Business Operations and StrategyExecutive/Board Changes
80 Mile awards directors major share transfer and new options after hitting market‑cap targets
Positive
Feb 19, 2026
80 Mile Plc has transferred 380 million ordinary shares from its Employee Benefit Trust to certain directors after the company met a series of market‑capitalisation hurdles ranging from £15 million to £40 million, with half of thes...
Private Placements and FinancingRegulatory Filings and Compliance
80 Mile Issues New Shares Following Advisor Warrant Exercise
Neutral
Feb 5, 2026
80 Mile plc has issued 10,000,000 new ordinary shares following the exercise of advisor warrants at 0.27p, representing around 0.2% of its existing share capital, and has applied for these shares to be admitted to trading on AIM, which will increa...
Private Placements and FinancingRegulatory Filings and Compliance
80 Mile Issues New Shares After Adviser Warrant Exercise, Lifting Share Count to Nearly 5 Billion
Neutral
Feb 2, 2026
80 Mile plc has issued 29,435,493 new ordinary shares following the exercise of warrants by its advisers, representing about 0.59% of its existing share capital, and has applied for these shares to be admitted to trading on AIM, which is expected ...
Business Operations and StrategyExecutive/Board Changes
80 Mile Plc Confirms Managing Director Exit as CEO Search Advances
Positive
Jan 30, 2026
80 Mile Plc has confirmed that Managing Director Eric Sondergaard will step down on 10 February 2026, after which he will remain with the company in a consulting capacity to support the expansion of its operations in Greenland while the board cont...
Business Operations and Strategy
80 Mile Plc Updates Investors on Expanding Greenland Energy and Critical Metals Portfolio
Positive
Jan 27, 2026
80 Mile Plc has released an updated investor presentation outlining the progress and strategic significance of its diversified portfolio in critical metals and energy. The company highlights the impact of its acquisition of White Flame Energy and ...
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
80 Mile Secures Shareholder Approval for 2024 Accounts, Backing Growth Strategy
Positive
Jan 7, 2026
80 Mile Plc reported that shareholders at its adjourned general meeting have approved the audited accounts for the year ended 31 December 2024, with an overwhelming majority of votes cast in favour of the resolution. The formal approval of the fin...
Business Operations and StrategyM&A TransactionsShareholder Meetings
80 Mile Resets General Meeting as Greenland Metals and Energy Portfolio Advances
Positive
Jan 5, 2026
80 Mile Plc has rescheduled its adjourned General Meeting, originally called for 30 December 2025, to 7 January 2026 in London, confirming that the resolution previously notified to shareholders remains unchanged and will be put forward at the rec...
Business Operations and StrategyShareholder Meetings
80 Mile Adjourns General Meeting Amid Expanding Greenland and Energy Portfolio
Neutral
Dec 30, 2025
80 Mile Plc has adjourned its scheduled General Meeting after failing to achieve the required quorum, and will confirm new arrangements for the reconvened meeting in due course. The board used the announcement to reiterate its appreciation for sha...
Business Operations and StrategyM&A Transactions
80 Mile Completes Sale of Greenland Kangerluarsuk Project to Amaroq Minerals
Positive
Dec 23, 2025
80 Mile Plc has secured Greenland Government approval for the sale of its Kangerluarsuk zinc-lead-silver project to Amaroq Minerals, completing a transaction that delivers US$500,000 in Amaroq shares now and preserves upside through a further US$1...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
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