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LEX

Lefroy ExplorationASX:LEX Stock Report

Market Cap

AU$52.8m

7D

-2.2%

1Y

74.0%

Updated

22 Oct, 2021

Data

Company Financials
LEX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LEX Overview

Lefroy Exploration Limited engages in the exploration and evaluation of gold and nickel properties in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Lefroy Exploration
Historical stock prices
Current Share PriceAU$0.43
52 Week HighAU$0.17
52 Week LowAU$1.54
Beta0.88
1 Month Change8.75%
3 Month Change-39.58%
1 Year Change74.00%
3 Year Change148.57%
5 Year Change117.50%
Change since IPO-52.72%

Recent News & Updates

Sep 17
Companies Like Lefroy Exploration (ASX:LEX) Are In A Position To Invest In Growth

Companies Like Lefroy Exploration (ASX:LEX) Are In A Position To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Shareholder Returns

LEXAU Metals and MiningAU Market
7D-2.2%-0.3%0.7%
1Y74.0%12.5%21.4%

Return vs Industry: LEX exceeded the Australian Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: LEX exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is LEX's price volatile compared to industry and market?
LEX volatility
LEX Beta0.88
Industry Beta0.97
Market Beta1

Stable Share Price: LEX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: LEX's weekly volatility has decreased from 40% to 13% over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1990n/aWade Johnsonhttps://www.lefroyex.com

Lefroy Exploration Limited engages in the exploration and evaluation of gold and nickel properties in Western Australia. Its flagship project is the Lefroy Gold Project that covers an area of approximately 638 square kilometers located to the south of Kalgoorlie. The company was formerly known as U.S.

Lefroy Exploration Fundamentals Summary

How do Lefroy Exploration's earnings and revenue compare to its market cap?
LEX fundamental statistics
Market CapAU$52.76m
Earnings (TTM)-AU$1.13m
Revenue (TTM)n/a

0x

P/S Ratio

-46.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LEX income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.13m
Earnings-AU$1.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0094
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did LEX perform over the long term?

See historical performance and comparison

Valuation

Is Lefroy Exploration undervalued compared to its fair value and its price relative to the market?

3.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LEX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LEX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LEX is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: LEX is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LEX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LEX is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Lefroy Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.07%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Lefroy Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Lefroy Exploration performed over the past 5 years?

-27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LEX is currently unprofitable.

Growing Profit Margin: LEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LEX is unprofitable, and losses have increased over the past 5 years at a rate of 27.1% per year.

Accelerating Growth: Unable to compare LEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LEX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: LEX has a negative Return on Equity (-7.72%), as it is currently unprofitable.


Financial Health

How is Lefroy Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: LEX's short term assets (A$3.4M) exceed its short term liabilities (A$385.0K).

Long Term Liabilities: LEX's short term assets (A$3.4M) exceed its long term liabilities (A$216.0K).


Debt to Equity History and Analysis

Debt Level: LEX is debt free.

Reducing Debt: LEX currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LEX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28% each year


Dividend

What is Lefroy Exploration current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LEX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LEX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.8yrs

Average management tenure


CEO

Wade Johnson

5yrs

Tenure

AU$341,730

Compensation

Mr. Wade Steven Johnson, BSc. (Hons) MAIG has been Managing Director and Director at Lefroy Exploration Limited since October 17, 2016. Mr. Johnson is a geologist with vast years' experience in mineral exp...


CEO Compensation Analysis

Compensation vs Market: Wade's total compensation ($USD255.92K) is about average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Wade's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: LEX's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: LEX's board of directors are seasoned and experienced ( 11.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.6%.


Top Shareholders

Company Information

Lefroy Exploration Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Lefroy Exploration Limited
  • Ticker: LEX
  • Exchange: ASX
  • Founded: 1990
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$52.760m
  • Shares outstanding: 119.91m
  • Website: https://www.lefroyex.com

Location

  • Lefroy Exploration Limited
  • Rodus Building
  • 2nd Floor
  • Road Town
  • Tortola
  • VG1110
  • British Virgin Islands

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.