Laneway Resources Limited explores for, evaluates, and develops gold and coal tenements in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.005|
|52 Week High||AU$0.004|
|52 Week Low||AU$0.009|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-37.50%|
|3 Year Change||25.00%|
|5 Year Change||66.67%|
|Change since IPO||-99.99%|
Recent News & Updates
Here’s What’s Happening With Returns At Laneway Resources (ASX:LNY)
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Will Weakness in Laneway Resources Limited's (ASX:LNY) Stock Prove Temporary Given Strong Fundamentals?
It is hard to get excited after looking at Laneway Resources' (ASX:LNY) recent performance, when its stock has declined...
Bradley Gordon Is The Non-Executive Director of Laneway Resources Limited (ASX:LNY) And Just Spent AU$225k On Shares
Potential Laneway Resources Limited ( ASX:LNY ) shareholders may wish to note that the Non-Executive Director, Bradley...
|LNY||AU Metals and Mining||AU Market|
Return vs Industry: LNY underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: LNY underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: LNY is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 28% a week.
Volatility Over Time: LNY's weekly volatility has increased from 23% to 28% over the past year.
About the Company
Laneway Resources Limited explores for, evaluates, and develops gold and coal tenements in Australia and New Zealand. The company holds 100% interest in the Agate Creek gold project covering an area of approximately 1,024 square kilometers located in north Queensland; and the New Zealand gold project, which comprises an exploration permit covering an area of 58 square kilometers situated in the Hauraki Goldfield. It also holds interest in the Ashford coking coal project covering an area of 14 square kilometers located in New South Wales.
Laneway Resources Fundamentals Summary
|LNY fundamental statistics|
Is LNY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LNY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00005|
|Net Profit Margin||0.00%|
How did LNY perform over the long term?See historical performance and comparison
Is Laneway Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LNY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LNY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LNY is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: LNY 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 LNY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LNY is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Laneway Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Laneway Resources 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.
How has Laneway Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LNY is currently unprofitable.
Growing Profit Margin: LNY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LNY is unprofitable, but has reduced losses over the past 5 years at a rate of 26.6% per year.
Accelerating Growth: Unable to compare LNY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LNY 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: LNY has a negative Return on Equity (-1.5%), as it is currently unprofitable.
How is Laneway Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LNY's short term assets (A$1.8M) do not cover its short term liabilities (A$5.2M).
Long Term Liabilities: LNY's short term assets (A$1.8M) do not cover its long term liabilities (A$2.1M).
Debt to Equity History and Analysis
Debt Level: LNY's debt to equity ratio (26.1%) is considered satisfactory.
Reducing Debt: LNY's debt to equity ratio has increased from 0.05% to 26.1% over the past 5 years.
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: Insufficient data to determine if LNY has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LNY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Laneway Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LNY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LNY'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 LNY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LNY'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 LNY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Brad Gordon (58 yo)
Mr. Bradley Austin Gordon, also known as Brad, BSc (Min. Eng.) MBA, F Aus IMM serves as Non-Executive Director at Laneway Resources Ltd. since December 2020 and serves as its Chief Executive Officer and Ma...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD104.08K) is below average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Insufficient data to compare Brad's compensation with company performance.
Experienced Board: LNY's board of directors are considered experienced (7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Laneway Resources Limited's employee growth, exchange listings and data sources
- Name: Laneway Resources Limited
- Ticker: LNY
- Exchange: ASX
- Founded: 1986
- Industry: Gold
- Sector: Materials
- Market Cap: AU$19.520m
- Shares outstanding: 3.90b
- Website: https://www.lanewayresources.com.au
- Laneway Resources Limited
- Matisse Towers
- Level 21
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 00:00|
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.