LAB Stock Overview
Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas.
Labrador Gold Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.41|
|52 Week High||CA$1.66|
|52 Week Low||CA$0.32|
|1 Month Change||-14.43%|
|3 Month Change||-41.55%|
|1 Year Change||-74.06%|
|3 Year Change||97.62%|
|5 Year Change||937.50%|
|Change since IPO||-98.02%|
Recent News & Updates
|LAB||CA Metals and Mining||CA Market|
Return vs Industry: LAB underperformed the Canadian Metals and Mining industry which returned -17.8% over the past year.
Return vs Market: LAB underperformed the Canadian Market which returned -4.7% over the past year.
|LAB Average Weekly Movement||12.4%|
|Metals and Mining Industry Average Movement||11.0%|
|Market Average Movement||10.1%|
|10% most volatile stocks in CA Market||17.4%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: LAB is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: LAB's weekly volatility (12%) has been stable over the past year.
About the Company
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 that covers an area of 1,598-hectares located in Chapleau, Ontario. It has an option to acquire 100% interest in the Ashuanipi property consisting of 1,564 Claims in 10 claim blocks covering an area of approximately 391 square kilometers located in Labrador, Quebec; the Kingsway property consisting of 264 claims in 3 licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in 5 licenses covering 249 square kilometers.
Labrador Gold Fundamentals Summary
|LAB fundamental statistics|
Is LAB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LAB income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.011|
|Net Profit Margin||0.00%|
How did LAB perform over the long term?See historical performance and comparison
Is LAB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LAB?
Other financial metrics that can be useful for relative valuation.
|What is LAB's n/a Ratio?|
Price to Book Ratio vs Peers
How does LAB's PB Ratio compare to its peers?
|LAB PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
SIC Sokoman Minerals
NHK Nighthawk Gold
SPA Spanish Mountain Gold
MAU Montage Gold
LAB Labrador Gold
Price-To-Book vs Peers: LAB is good value based on its Price-To-Book Ratio (1.5x) compared to the peer average (2.3x).
Price to Earnings Ratio vs Industry
How does LAB's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: LAB is good value based on its Price-To-Book Ratio (1.5x) compared to the Canadian Metals and Mining industry average (1.6x)
Price to Book Ratio vs Fair Ratio
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.
|Current PB Ratio||1.5x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate LAB's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of LAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate LAB's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate LAB's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LAB's PEG Ratio to determine if it is good value.
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How is Labrador Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LAB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LAB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LAB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if LAB's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: LAB is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LAB's Return on Equity is forecast to be high in 3 years time
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How has Labrador Gold performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LAB is currently unprofitable.
Growing Profit Margin: LAB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LAB is unprofitable, and losses have increased over the past 5 years at a rate of 47.7% per year.
Accelerating Growth: Unable to compare LAB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LAB is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-6%).
Return on Equity
High ROE: LAB has a negative Return on Equity (-3.94%), as it is currently unprofitable.
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How is Labrador Gold's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LAB's short term assets (CA$28.0M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: LAB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LAB is debt free.
Reducing Debt: LAB has not had any debt for 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.
Stable Cash Runway: LAB has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LAB has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 46% each year.
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What is Labrador Gold current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LAB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LAB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LAB's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LAB has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roger Moss (58 yo)
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...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Roger's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Roger's compensation has increased whilst the company is unprofitable.
Experienced Management: LAB's management team is considered experienced (2.1 years average tenure).
Experienced Board: LAB's board of directors are considered experienced (5.5 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.
Labrador Gold Corp.'s employee growth, exchange listings and data sources
- Name: Labrador Gold Corp.
- Ticker: LAB
- Exchange: TSXV
- Founded: 1987
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$70.345m
- Shares outstanding: 169.50m
- Website: https://www.labradorgold.com
- Labrador Gold Corp.
- The Canadian Venture Building
- 82 Richmond Street East
- M5C 1P1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/01 00:00|
|End of Day Share Price||2022/06/30 00:00|
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.