Lion Copper and Gold Balance Sheet Health

Financial Health criteria checks 4/6

Lion Copper and Gold has a total shareholder equity of $8.3M and total debt of $1.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are $14.3M and $6.0M respectively.

Key information

12.2%

Debt to equity ratio

US$1.01m

Debt

Interest coverage ratio	n/a
Cash	US$5.49m
Equity	US$8.29m
Total liabilities	US$6.04m
Total assets	US$14.33m

Recent financial health updates

Recent updates

Lion Copper and Gold (CVE:LEO) Has Debt But No Earnings; Should You Worry?

Feb 17

Is Lion Copper and Gold (CVE:LEO) A Risky Investment?

Nov 03

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Jul 21

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Mar 15

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Nov 30

We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate

Apr 13

We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate

Nov 25

Companies Like Quaterra Resources (CVE:QTA) Are In A Position To Invest In Growth

Feb 24

Financial Position Analysis

Short Term Liabilities: LEO's short term assets ($5.6M) do not cover its short term liabilities ($6.0M).

Long Term Liabilities: LEO's short term assets ($5.6M) exceed its long term liabilities ($8.0K).

Debt to Equity History and Analysis

Debt Level: LEO has more cash than its total debt.

Reducing Debt: LEO's debt to equity ratio has increased from 0.9% to 12.2% over the past 5 years.

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: LEO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: LEO has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 13.2% each year.

Lion Copper and Gold Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Lion Copper and Gold Corp. announced delayed 10-Q filing

Lion Copper and Gold (CVE:LEO) Has Debt But No Earnings; Should You Worry?

Is Lion Copper and Gold (CVE:LEO) A Risky Investment?

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Recent updates

Less than half of directors are independent

Lion Copper and Gold Corp. Releases Assay Results from its 2024 Exploration Drilling Program at the Yerington and MacArthur Properties

Lion Copper and Gold Corp. announced delayed 10-Q filing

Lion Copper and Gold Corp. Appoints John Banning as Chief Operating Officer

New major risk - Share price stability

Director exercised options to buy CA$200k worth of stock.

Director recently sold CA$202k worth of stock

Lion Copper and Gold Corp. Announces Corporate Secretary Changes

New major risk - Share price stability

Lion Copper and Gold Corp. announced that it expects to receive $1 million in funding

Lion Copper and Gold Corp. announced that it expects to receive CAD 1 million in funding

Independent Director exercised options to buy CA$263k worth of stock.

Lion Copper and Gold (CVE:LEO) Has Debt But No Earnings; Should You Worry?

Lion Copper and Gold Corp. Announces Positive Results of Preliminary Economic Assessment on its Yerington Copper Project Located in Lyon County, Nevada

New minor risk - Share price stability

Is Lion Copper and Gold (CVE:LEO) A Risky Investment?

Lion Copper and Gold Corp. Releases Assay Results from Its 2023 Exploration Program in the Yerington District of Nevada

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Less than half of directors are independent

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Independent Director recently bought CA$643k worth of stock

Lion Copper and Gold Corp. announced that it expects to receive CAD 1.733333 million in funding

Lion Copper and Gold Corp. Completes the Stage 1 Program

Lion Copper and Gold Corp. Announces Positive Mason Valley Exploration Results

Is Lion Copper and Gold (CVE:LEO) Using Debt Sensibly?

Less than half of directors are independent

Lion Copper and Gold Corp. Announces Assay Results from Rio Tinto Stage 1 Work Program Recently Completed at its 100%-Owned Properties at Yerington, Nevada

Lion Copper and Gold Corp. Announces Completion of Exploration Program

Lion Copper and Gold Corp. announced that it has received $2 million in funding

Lion Copper and Gold Corp. announced that it expects to receive $2 million in funding

Price target decreased to CA$0.42

Less than half of directors are independent

We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate

Lion Copper and Gold Corp., Annual General Meeting, May 18, 2022

Lion Copper and Gold Corp. (TSXV:LEO) acquired Montana Copper-Gold Prospect.

We're Keeping An Eye On Lion Copper and Gold's (CVE:LEO) Cash Burn Rate

Quaterra Resources Announces the Completion of the Metallurgical Sampling Program for the Macarthur Oxide Copper Project

Quaterra Resources Inc. announced that it expects to receive CAD 1.875 million in funding

Quaterra Resources Inc. Announces 7,000 -10,000-Foot Core Drilling Program Began at its Macarthur Copper Oxide Project in the Yerington District

Corporate Secretary exercised options to buy CA$155k worth of stock.

Companies Like Quaterra Resources (CVE:QTA) Are In A Position To Invest In Growth

Quaterra Resources Inc. Announces Management Changes

Quaterra Resources Inc. announced that it expects to receive CAD 3 million in funding

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

Discover healthy companies