CNSX:LBM

Stock Analysis Report

Executive Summary

Lions Bay Mining Corp. operates as a mineral exploration company focused on North America.

Risk Analysis

Does not have a meaningful market cap (CA$912K)

Currently unprofitable and not forecast to become profitable over the next 3 years

Less than 3 years of financial data is available



Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Lions Bay Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LBM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

LBM

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-52.8%

LBM

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: LBM underperformed the Canadian Metals and Mining industry which returned 4.3% over the past year.

Return vs Market: LBM underperformed the Canadian Market which returned 5.8% over the past year.


Shareholder returns

LBMIndustryMarket
7 Day0%2.4%0.6%
30 Dayn/a1.2%0.5%
90 Day-5.6%6.6%3.6%
1 Year-52.8%-52.8%5.0%4.4%9.1%5.8%
3 Yearn/a-10.4%-11.9%15.4%5.0%
5 Yearn/a22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

How volatile is Lions Bay Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lions Bay Mining 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 LBM's fair value to establish if it is undervalued.

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: LBM is overvalued based on its PB Ratio (3.6x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Lions Bay Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

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 Lions Bay Mining 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.


Next Steps

Past Performance

How has Lions Bay Mining performed over the past 5 years?

42.0%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: LBM is currently unprofitable.

Growing Profit Margin: LBM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if LBM's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: LBM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: LBM has a negative Return on Equity (-113.56%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lions Bay Mining's financial position?


Financial Position Analysis

Short Term Liabilities: LBM's short term assets (CA$274.6K) exceed its short term liabilities (CA$91.6K).

Long Term Liabilities: LBM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LBM is debt free.

Reducing Debt: LBM has not had any debt for past 5 years.


Balance Sheet

Inventory Level: LBM has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if LBM's debt is covered by short term assets.


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: LBM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LBM has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -157.1% each year.


Next Steps

Dividend

What is Lions Bay Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if LBM'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 LBM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

CA$12k

CEO Compensation


CEO

Jeremy Poirier (33yo)

CA$11,610

Compensation

Mr. Jeremy Poirier serves as an Additional Director of Pike Mountain Minerals Inc. since October 2019. Mr. Poirier served as President of Bearing Lithium Corp. (formerly Bearing Resources Ltd.) since Septe ...


CEO Compensation Analysis

Compensation vs Market: Jeremy's total compensation ($USD8.76K) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Insufficient data to compare Jeremy's compensation with company performance.


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Lions Bay Mining Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lions Bay Mining Corp.
  • Ticker: LBM
  • Exchange: CNSX
  • Founded: 2018
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$911.831k
  • Shares outstanding: 10.73m
  • Website: https://null

Location

  • Lions Bay Mining Corp.
  • 1066 West Hastings Street
  • Suite 2600
  • Vancouver
  • British Columbia
  • V6E 3X1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LBMCNSX (Canadian National Stock Exchange)YesCommon SharesCACADNov 2018
LMNG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2018

Biography

Lions Bay Mining Corp. operates as a mineral exploration company focused on North America. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. Lions Bay Mining Corp. operates as a subsidiary of Bearing Lithium Corp. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 01:46
End of Day Share Price2020/02/10 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.