Labrador Gold (TSXV:LAB) - Stock Price, News & Analysis

LAB Stock Overview

Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas.

LAB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Has less than 1 year of cash runway

Makes less than USD$1m in revenue (CA$0)

Earnings have declined by 16.4% per year over past 5 years

Volatile share price over the past 3 months

+ 1 more risk

Labrador Gold Corp. Competitors

Maritime Resources

TSXV:MAE

CA$32.8m

Revival Gold

TSXV:RVG

CA$44.6m

Orvana Minerals

TSX:ORV

CA$28.0m

Bonterra Resources

TSXV:BTR

CA$38.2m

Price History & Performance

Summary of all time highs, changes and price drops for Labrador Gold
Historical stock prices
Current Share Price	CA$0.20
52 Week High	CA$0.26
52 Week Low	CA$0.12
Beta	1.55
1 Month Change	17.65%
3 Month Change	60.00%
1 Year Change	-2.44%
3 Year Change	-64.91%
5 Year Change	-4.76%
Change since IPO	-99.57%

Recent updates

Shareholder Returns

	LAB	CA Metals and Mining	CA Market
7D	-4.8%	-2.0%	-2.1%
1Y	-2.4%	-5.9%	3.6%

Return vs Industry: LAB exceeded the Canadian Metals and Mining industry which returned -5.9% over the past year.

Return vs Market: LAB underperformed the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is LAB's price volatile compared to industry and market?
LAB volatility
LAB Average Weekly Movement	13.5%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	9.2%
10% most volatile stocks in CA Market	18.4%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: LAB's share price has been volatile over the past 3 months.

Volatility Over Time: LAB's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Roger Moss	www.labradorgold.com

Labrador Gold Corp. engages in the acquisition and exploration of gold properties in the Americas. It explores for copper and silver deposits. The company owns a 100% interest in the Borden Lake property that comprises 219 claims located in Chapleau, Ontario; and the Scotch property consists of 21 claims located near Sussex, New Brunswick.

Labrador Gold Corp. Fundamentals Summary

How do Labrador Gold's earnings and revenue compare to its market cap?
LAB fundamental statistics
Market cap	CA$35.70m
Earnings (TTM)	-CA$719.84k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-47.2x

P/E Ratio

Is LAB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LAB income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$719.84k
Earnings	-CA$719.84k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0042
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did LAB perform over the long term?

See historical performance and comparison

LAB Stock Overview

Rewards

Risk Analysis

Labrador Gold Corp. Competitors

TSXV:MAE

CA$32.8m

TSXV:RVG

CA$44.6m

TSX:ORV

CA$28.0m

TSXV:BTR

CA$38.2m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

Labrador Gold Corp., Annual General Meeting, May 16, 2024

Labrador Gold Corp. Announces the Results of the 2023 Exploration Program at its 100% Owned Hopedale Project in Labrador

New major risk - Revenue and earnings growth

Labrador Gold Corp. Announces Results from Recent Drilling Targeting the Highly Prospective Appleton Fault Zone

Insufficient new directors

Recent updates

New minor risk - Share price stability

Labrador Gold Corp., Annual General Meeting, May 16, 2024

Labrador Gold Corp. Announces the Results of the 2023 Exploration Program at its 100% Owned Hopedale Project in Labrador

New major risk - Revenue and earnings growth

Labrador Gold Corp. Announces Results from Recent Drilling Targeting the Highly Prospective Appleton Fault Zone

Insufficient new directors

Labrador Gold Corp. (TSXV:LAB) acquired Hopedale Property in east-central Labrador.

Labrador Gold Corp. Announces Results from Recent Drilling Targeting the Highly Prospective Appletonault Zone

Labrador Gold Corp. Reports High Grade Gold Assays Up to 30.58g/t Au Between Big Vein and Golden Glove

Labrador Gold Corp. Announces Results from Recent Drilling Targeting the Highly Prospective Appleton Fault Zone

Will Labrador Gold (CVE:LAB) Spend Its Cash Wisely?

We Think Labrador Gold (CVE:LAB) Needs To Drive Business Growth Carefully

Labrador Gold Corp., Annual General Meeting, Apr 03, 2023

Labrador Gold Corp. Announces High-Grade Gold and Copper Assays From Hopedale Project Including 21.59 g/t Au From TD500 and 10.2% Cu From Kaapak

Labrador Gold Corp. Intersects 20.88 G/T Au over 5 Metres At Big Vein, Kingsway Project

Independent Director recently sold CA$115k worth of stock

Labrador Gold Intersects 23.44g/t Au over 1.27 Metres At Big Vein Southwest

Independent Director recently sold CA$83k worth of stock

Labrador Gold Corp. Announces Drilling Results from 100,000 Metre Diamond Drilling Program At Its 100% Owned Kingsway Project

Labrador Gold Corp., Annual General Meeting, Dec 12, 2022

Labrador Gold Corp. Announces Results from Drilling Targeting Prospective Appleton Fault Zone over 12 Km Strike Length

Here's Why We're Watching Labrador Gold's (CVE:LAB) Cash Burn Situation

Forecast to breakeven in 2022

Labrador Gold Announces Assays Up to 479.5G/T Au in Surface Samples from Golden Glove

Labrador Gold Corp. Announces New High Grade Intercept from Drilling At Southwest End of Big Vein Zone and Updates on Drilling At Golden Glove and Midway At Kingsway Project

Labrador Gold Corp. Announces Drilling Continues at Kingsway with Four Drill Rigs

Labrador Gold Corp. Announces Results from Seven Drill Holes, Including the First Hole Drilled At the Golden Glove Target in the South End of Its 100% Owned Kingsway Project Near Gander, Newfoundland

Labrador Gold Corp. Announces the Continued Extension of the Big Vein Zone to the Southwest with an Intersection Near Surface Gold Mineralization from Initial Diamond Drilling of the Pristine Target At Its 100% Controlled Kingsway Project Near Gander, Newfoundland

Labrador Gold Corp. Announces New Discovery of Near Surface Gold At Midway 2.7Km North of Big Vein

Labrador Gold Intersects 6.07 g/t Au Over 19 Metres at the Big Vein Target, Kingsway Property

Labrador Gold Corp Extends High-Grade Gold Mineralization to 250m Southwest of Big Vein Discovery

Labrador Gold Corp. Receives Drill Permit for Golden Glove and Mobilizes Fifth Drill Rig

Labrador Gold Corp. Announces Doubling of Drill Program to 100,000 Metres and Increase to Five Drill Rigs

Labrador Gold Corp. Intersects 50.52 G/T Gold over 2 Metres At Kingsway

We're Hopeful That Labrador Gold (CVE:LAB) Will Use Its Cash Wisely

Labrador Gold Corp. to Continue to Explore the Entire 12Km Strike Length of the Appleton Fault Zone During 2022

Labrador Gold Samples 338 G/T Au in New Discovery At Golden Glove 3.5Km South of Big Vein

We Think Labrador Gold (CVE:LAB) Can Afford To Drive Business Growth

Labrador Gold Announces Till Results Including 311 Mostly Pristine Gold Grains

Insider recently bought CA$821k worth of stock

Labrador Gold Corp. Intercepts 50.38 g/t Over 1.85 Metres Including 160.42 g/t Over 0.55 Metres at Big Vein, Kingsway Project, Newfoundland

Labrador Gold Corp. Doubles Number of Drill Rigs to Four and Increases Drilling Program to 50,000 Metres at Kingsway

Labrador Gold Intercepts 20.6 g/t Over 3.6 Metres and 10.48 g/t Over 2.4 Metres at Big Vein Visible Gold Intersected in Four Drill Holes

Labrador Gold Corp. Announces Initial Assays from the First Two Holes of the 20,000 Metre Diamond Drill Program At Its 100% Controlled Kingsway Gold Project Near Gander, Newfoundland

Labrador Gold Corp. Announces Additional Drill and Doubling of Program to 20,000 Metres at Kingsway Project

Labrador Gold Corp. announced that it has received CAD 9.8 million in funding from New Found Gold Corp. and another investor

Labrador Gold Provides Exploration Update

New 90-day low: CA$0.32

Labrador Gold Corp., Annual General Meeting, Apr 23, 2021

Labrador Gold Corp. Announces Initial 10,000 Metre Drill Program to Test High-Grade Gold Target at Kingsway, Newfoundland

Labrador Gold Confirms High-Grade Gold Target At Kingsway

Labrador Gold Corp. Appoints Quinton Hennigh to the Advisory Board

Labrador Gold Corp. Announces Initial Results from Kingsway RAB Drilling

Labrador Gold Corp. Announces the Results of Initial Sampling from the Area of Visible Gold in Quartz Vein At Its Kingsway Project Near Gander, Newfoundland

Labrador Gold Announces High Grade Gold in Soil Samples At Kingsway Property

Labrador Gold Corp. Updates Exploration Activity At Kingsway

Labrador Gold Announces Discovery of Visible Gold in Quartz Vein At Kingsway

New 90-day low: CA$0.33

Labrador Gold Corp. Begins Drilling At Its Kingsway Project Near Gander Newfoundland