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Labrador Gold

TSXV:LAB
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LAB
TSXV
CA$11M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. The last earnings update was 18 days ago. More info.


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LAB Share Price and Events
7 Day Returns
-9.1%
TSXV:LAB
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-9.1%
TSXV:LAB
-7.9%
CA Metals and Mining
-0.1%
CA Market
LAB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Labrador Gold (LAB) -9.1% -9.1% 33.3% -9.1% 566.7% 53.8%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • LAB underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • LAB underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
LAB
Industry
5yr Volatility vs Market

LAB Value

 Is Labrador Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Labrador Gold. This is due to cash flow or dividend data being unavailable. The share price is CA$0.2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Labrador Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Labrador Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:LAB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.01
TSXV:LAB Share Price ** TSXV (2019-03-15) in CAD CA$0.2
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Labrador Gold.

TSXV:LAB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:LAB Share Price ÷ EPS (both in CAD)

= 0.2 ÷ -0.01

-27.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Labrador Gold is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Labrador Gold is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Labrador Gold's expected growth come at a high price?
Raw Data
TSXV:LAB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -27.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Labrador Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Labrador Gold's assets?
Raw Data
TSXV:LAB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.12
TSXV:LAB Share Price * TSXV (2019-03-15) in CAD CA$0.2
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:LAB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:LAB Share Price ÷ Book Value per Share (both in CAD)

= 0.2 ÷ 0.12

1.71x

* Primary Listing of Labrador Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Labrador Gold is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Labrador Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Labrador Gold has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LAB Future Performance

 How is Labrador Gold expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Labrador Gold 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Labrador Gold expected to grow at an attractive rate?
  • Unable to compare Labrador Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Labrador Gold's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Labrador Gold's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:LAB Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:LAB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:LAB Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0
2018-09-30 -1 -1
2018-06-30 0 -1
2018-03-31 0 0
2017-12-31 0 -1
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Labrador Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Labrador Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:LAB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Labrador Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LAB Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Labrador Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Labrador Gold's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Labrador Gold's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Labrador Gold's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Labrador Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Labrador Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LAB Past Performance

  How has Labrador Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Labrador Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Labrador Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Labrador Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Labrador Gold's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Labrador Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Labrador Gold Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LAB Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -0.32 0.19
2018-09-30 -0.62 0.49
2018-06-30 -0.57 0.46
2018-03-31 -0.48 0.41
2017-12-31 -0.52 0.47
2017-09-30 -0.16 0.14
2017-06-30 -0.17 0.14
2017-03-31 -0.19 0.15
2016-12-31 -0.09 0.06
2016-09-30 -0.08 0.05
2016-06-30 -0.07 0.05
2016-03-31 -0.05 0.03
2015-12-31 -0.05 0.03
2015-09-30 -0.06 0.04
2015-06-30 -0.07 0.05
2015-03-31 -0.07 0.05
2014-12-31 -0.12 0.08
2014-09-30 -0.11 0.07
2014-06-30 -0.10 0.07
2014-03-31 -0.07 0.07
2013-12-31 0.01 0.02
2013-09-30 0.02 0.03
2013-06-30 0.04 0.03
2013-03-31 0.01 0.03
2012-12-31 0.01 0.03
2012-09-30 0.03 0.01
2012-06-30 0.02 0.02
2012-03-31 0.07 0.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Labrador Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Labrador Gold has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Labrador Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Labrador Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Labrador Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LAB Health

 How is Labrador Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Labrador Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Labrador Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Labrador Gold has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Labrador Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Labrador Gold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Labrador Gold Company Filings, last reported 2 months ago.

TSXV:LAB Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 6.18 0.00 0.73
2018-09-30 6.10 0.00 0.98
2018-06-30 3.30 0.00 0.35
2018-03-31 2.98 0.00 1.53
2017-12-31 3.06 0.00 1.64
2017-09-30 1.04 0.00 0.14
2017-06-30 1.04 0.00 0.13
2017-03-31 1.01 0.00 0.33
2016-12-31 0.73 0.00 0.21
2016-09-30 0.50 0.00 0.01
2016-06-30 0.52 0.00 0.07
2016-03-31 0.36 0.00 0.01
2015-12-31 0.24 0.00 0.00
2015-09-30 0.25 0.00 0.00
2015-06-30 0.26 0.00 0.02
2015-03-31 0.26 0.00 0.05
2014-12-31 0.29 0.00 0.07
2014-09-30 0.30 0.00 0.14
2014-06-30 0.31 0.00 0.18
2014-03-31 0.32 0.00 0.19
2013-12-31 0.13 0.00 0.02
2013-09-30 0.13 0.00 0.03
2013-06-30 0.14 0.00 0.05
2013-03-31 0.12 0.00 0.03
2012-12-31 0.10 0.00 0.11
2012-09-30 0.11 0.00 0.11
2012-06-30 0.09 0.00 0.10
2012-03-31 0.10 0.00 0.11
  • Labrador Gold has no debt.
  • Labrador Gold has not taken on any debt in 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.

  • Labrador Gold has less than a year of cash runway based on current free cash flow.
  • Labrador Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 113.6% each year.
X
Financial health checks
We assess Labrador Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Labrador Gold has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LAB Dividends

 What is Labrador Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Labrador Gold dividends.
If you bought CA$2,000 of Labrador Gold shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Labrador Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Labrador Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:LAB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Labrador Gold has not reported any payouts.
  • Unable to verify if Labrador Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Labrador Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Labrador Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Labrador Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Labrador Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Labrador Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LAB Management

 What is the CEO of Labrador Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Roger Moss
COMPENSATION CA$15,301
AGE 54
TENURE AS CEO 22.2 years
CEO Bio

Dr. Roger Moss, Ph.D., P.Geo., has been Chief Executive Officer at CKR Carbon Corporation since December 14, 2015 and serves its President. Dr. Moss has been Consultant and Technical Advisor of Batero Gold Corp. since October 2015. He served as the Chief Executive Officer and Director of Gratomic Inc. until October 16, 2017. He also served President of Gratomic Inc. until October 16, 2017. He served as Interim Chief Executive Officer at CKR Carbon Corporation from October 2015 to December 14, 2015. Dr. Moss served as the Chief Executive Officer and President of Batero Gold Corp. from March 24, 2014 to October 15, 2015. Dr. Moss has been the President at Labrador Gold Corp. (ak/a Nikos Explorations Ltd.) since March 22, 2004 and its Chief Executive Officer since 1997. Dr. Moss served as the President of Los Andes Copper Limited from March 30, 2007 to January 24, 2011 and served as its Chief Executive Officer until January 25, 2011. He has 20 years international experience in the exploration industry including four years in senior management positions of mineral exploration companies. He has worked in South Africa, Namibia, Canada and Mexico and was instrumental in the discovery of the multi- million ounce Navachab Gold deposit in Namibia. He served as Principal of Moss Exploration Services from April 01, 2007 to September 30, 2007. Dr. Moss served as the President of Amerigo Resources Ltd., from August 31, 2001 to April 1, 2003 and served as its Vice President of Exploration. He has been Member of Technical Advisory Board at Euromax Resources Ltd. since November 30, 2010. He has been a Director of Nikos Explorations Ltd. since March 22, 2004 and Strait Minerals Inc. (alternate Strait Gold Corp.) from November 11, 2003 to March 6, 2015. He has been a Director of CKR Carbon Corporation since December 14, 2015. He served as a Director of Los Andes Copper Limited from March 30, 2007 to December 2010. He served as a Director of Amerigo Resources Ltd. Dr. Moss is Geologist. He served as a Director of Superior Copper Corporation from December 14, 2011 to January 24, 2014. He holds a Ph.D. in geology at the University of Toronto in 2000 and has held the post of Adjunct Professor in the Division of Mineral Engineering at the University of Toronto since 2008. He is a Consulting Geologist.

CEO Compensation
  • Roger's compensation has increased whilst company is loss making.
  • Roger's remuneration is lower than average for companies of similar size in Canada.
Management Team

Roger Moss

TITLE
President
COMPENSATION
CA$15K
AGE
54
TENURE
22.2 yrs

Aurora Davidson

TITLE
Corporate Secretary & CFO
COMPENSATION
CA$12K
AGE
50
TENURE
14.3 yrs
Board of Directors Tenure

Average tenure and age of the Labrador Gold board of directors in years:

4.1
Average Tenure
57.5
Average Age
  • The tenure for the Labrador Gold board of directors is about average.
Board of Directors

Roger Moss

TITLE
President
COMPENSATION
CA$15K
AGE
54
TENURE
15 yrs

Jim Borland

TITLE
Director
AGE
67
TENURE
5.2 yrs

Trevor Boyd

TITLE
Director
AGE
61
TENURE
3.1 yrs

Leo Karabelas

TITLE
Director
AGE
39
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • Labrador Gold insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
21. Jan 19 Sell Aurora Davidson Individual 21. Jan 19 21. Jan 19 -40,000 CA$0.24 CA$-8,845
04. Jan 19 Sell Aurora Davidson Individual 02. Jan 19 03. Jan 19 -41,000 CA$0.21 CA$-8,337
11. Oct 18 Sell Aurora Davidson Individual 10. Oct 18 10. Oct 18 -1,000 CA$0.25 CA$-250
10. Oct 18 Sell Aurora Davidson Individual 09. Oct 18 09. Oct 18 -20,500 CA$0.25 CA$-5,125
23. Jul 18 Buy James Borland Individual 23. Jul 18 23. Jul 18 10,000 CA$0.25 CA$2,500
30. Jul 18 Buy Roger Moss Individual 23. Jul 18 23. Jul 18 35,000 CA$0.30 CA$10,500
26. Jul 18 Buy Leonidas Karabelas Individual 23. Jul 18 23. Jul 18 60,000 CA$0.25 CA$15,000
13. May 18 Buy Roger Moss Individual 08. May 18 09. May 18 12,000 CA$0.29 CA$3,367
07. May 18 Buy Roger Moss Individual 03. May 18 03. May 18 5,000 CA$0.29 CA$1,450
24. Apr 18 Buy Roger Moss Individual 20. Apr 18 20. Apr 18 5,000 CA$0.30 CA$1,500
27. Mar 18 Buy Roger Moss Individual 26. Mar 18 27. Mar 18 16,000 CA$0.23 CA$3,477
08. Apr 18 Buy Roger Moss Individual 04. Apr 18 05. Apr 18 24,000 CA$0.25 CA$5,517
X
Management checks
We assess Labrador Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Labrador Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LAB News

Simply Wall St News

Do Directors Own Labrador Gold Corp (CVE:LAB) Shares?

A look at the shareholders of Labrador Gold Corp (CVE:LAB) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Check out our latest analysis for Labrador Gold

Simply Wall St -

Who Owns Labrador Gold Corp (CVE:LAB)?

In this article, I'm going to take a look at Labrador Gold Corp’s (CVE:LAB) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

Simply Wall St -

LAB Company Info

Description

Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. The company owns a 100% interest in the Borden Lake property located near Chapleau, Ontario. It also has an option agreement to earn a 100% interest in six claims located to the south of the Borden Lake Extension property. The company was formerly known as Nikos Explorations Ltd. and changed its name to Labrador Gold Corp. in December 2017. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada.

Details
Name: Labrador Gold Corp.
LAB
Exchange: TSXV
Founded: 1987
CA$11,302,804
56,514,022
Website: http://www.labradorgold.com
Address: Labrador Gold Corp.
326 Rusholme Road,
Toronto,
Ontario, M6H 2Z5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LAB Common Shares TSX Venture Exchange CA CAD 15. Dec 1988
OTCPK NKOS.F Common Shares Pink Sheets LLC US USD 15. Dec 1988
DB 2N6 Common Shares Deutsche Boerse AG DE EUR 15. Dec 1988
Number of employees
Current staff
Staff numbers
0
Labrador Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:39
End of day share price update: 2019/03/15 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.