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Blende Silver Corp (BAG) Fair Value & Analysis

Consumer Defensive · CA · Market cap 664M GBX

BS Blende Silver Corp BAG · LSE
Price£6.18
Fair Value£6.27
Upside+1.5%
Quality94/100
Evidence: High Range £3.97 – £9.27

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Share price +3.8% over the past month.

Price vs Fair Value (12 months)

£6.75 £5.84 Fair Value £6.27 Jul 2025 Jun 2026

12‑month range £5.84 – £6.75 · fair‑value band £3.97 – £9.27 · the £6.18 price screens below the £6.27 fair value. As of Jun 24, 2026.

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Analysis

Blende Silver Corp (BAG) currently trades at £6.18, while our model-based Fair Value estimate is £6.27 — implying the stock looks roughly 1.5% undervalued today. We read business quality at 94/100 (high quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Blende Silver Corp generated revenue of £437M at a net margin of 10.8%. Revenue grew 5.1% year over year. It earns a return on equity of 14.1%. The balance sheet holds a net cash position of £13.4M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 437M GBX
Revenue growth (YoY) +5.1%
Net margin 10.8%
Return on equity 14.1%
Free cash flow 22.1M GBX FY2026
P/E ratio 14.2
More key figures
Operating margin 14.3%
EPS (TTM) £0.4200
Dividend yield 3.1%
EPS growth (YoY) -8.1%
Net cash 13.4M GBX FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Blende Silver Corp., an exploration stage junior mining company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. The company explores for silver, lead, and zinc deposits. Its flagship property is its 100% owned Blende property, which consists of 260 quartz mining claims covering an area of 5,434 hectares located in the Mayo Mining District of the Yukon Territory. The company was formerly known as Blind Creek Resources Ltd. and changed its name to Blende Silver Corp. in December 2020. Blende Silver Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Blende Silver Corp reported revenue of £437M in FY2026 versus £269M in FY2022, a compound +13.0%/yr. Reported net income was £47.1M in FY2026, compounding +14.1%/yr from FY2022.

Revenue +13.0%/yr
FY22 £269M
FY23 £318M
FY24 £400M
FY25 £420M
FY26 £437M
Net income +14.1%/yr
FY22 £27.8M
FY23 £33.9M
FY24 £38.5M
FY25 £39.7M
FY26 £47.1M

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Frequently asked questions

Is Blende Silver Corp (BAG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £6.27 versus a price of £6.18 — about +1% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BAG?
Our 21-model fair value for Blende Silver Corp is £6.27 (as of Jun 24, 2026), built from audited fundamentals. The current price is £6.18.
What is the quality score of BAG?
Blende Silver Corp has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Blende Silver Corp (BAG)?
Blende Silver Corp reported trailing-twelve-month revenue of about £437M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of BAG?
The net profit margin of Blende Silver Corp is about 10.8%, meaning it keeps roughly 10.8% of revenue as net income. Based on the latest reported figures.
Does Blende Silver Corp pay a dividend?
Blende Silver Corp currently shows a dividend yield of about 3.07% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.