How does LAB's PB Ratio compare to its peers?

LAB is good value based on its Price-To-Book Ratio (0.2x) compared to the peer average (26.7x).

How does LAB's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

LAB is good value based on its Price-To-Book Ratio (0.2x) compared to the Canadian Metals and Mining industry average (1.4x).

What is LAB's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate LAB's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of LAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate LAB's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

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

LAB Stock Overview

Engages in the acquisition and exploration of gold properties in the Americas. More details

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

Risk Analysis

Does not have a meaningful market cap (CA$10M)

Has less than 1 year of cash runway

Earnings have declined by 1.1% per year over past 5 years

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

Labrador Gold Corp. Competitors

Tincorp Metals

TSXV:TIN

CA$10.4m

Golden Horse Minerals

TSXV:GHML

CA$10.1m

Sokoman Minerals

TSXV:SIC

CA$10.0m

TNR Gold

TSXV:TNR

CA$9.5m

Price History & Performance

Summary of all time highs, changes and price drops for Labrador Gold
Historical stock prices
Current Share Price	CA$0.06
52 Week High	CA$0.26
52 Week Low	CA$0.055
Beta	1.51
11 Month Change	-25.00%
3 Month Change	-25.00%
1 Year Change	-53.85%
33 Year Change	-91.67%
5 Year Change	-45.45%
Change since IPO	-99.87%

Recent updates

Shareholder Returns

	LAB	CA Metals and Mining	CA Market
7D	0%	-0.6%	1.0%
1Y	-53.8%	25.4%	23.0%

Return vs Industry: LAB underperformed the Canadian Metals and Mining industry which returned 25.4% over the past year.

Return vs Market: LAB underperformed the Canadian Market which returned 23% over the past year.

Price Volatility

Is LAB's price volatile compared to industry and market?
LAB volatility
LAB Average Weekly Movement	10.6%
Metals and Mining Industry Average Movement	10.5%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: LAB has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: LAB's weekly volatility (11%) has been stable over the past year.

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$10.20m
Earnings (TTM)	-CA$516.84k
Revenue (TTM)	n/a

0.0x

P/S Ratio

-19.7x

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$516.84k
Earnings	-CA$516.84k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.003
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

Risk Analysis

Labrador Gold Corp. Competitors

TSXV:TIN

CA$10.4m

TSXV:GHML

CA$10.1m

TSXV:SIC

CA$10.0m

TSXV:TNR

CA$9.5m

Price History & Performance

Recent News & Updates

Labrador Gold Corp. Announces Results of Summer Field Work at the Hopedale Project Including 32.32g/t Au at The North End of the 3km Thurber Gold Trend

New major risk - Market cap size

New Found Gold Corp. (TSXV:NFG) completed the acquisition of Kingsway Project from Labrador Gold Corp. (TSXV:LAB) for CAD 26.7 million.

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

Recent updates

Labrador Gold Corp. Announces Results of Summer Field Work at the Hopedale Project Including 32.32g/t Au at The North End of the 3km Thurber Gold Trend

New major risk - Market cap size

New Found Gold Corp. (TSXV:NFG) completed the acquisition of Kingsway Project from Labrador Gold Corp. (TSXV:LAB) for CAD 26.7 million.

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