Labrador Gold (TSXV:LAB) - Share price, News & Analysis

LAB fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

LAB Stock Overview

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

Risk Analysis

Earnings have declined by 52.5% per year over past 5 years

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

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$76M)

Labrador Gold Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Labrador Gold
Historical stock prices
Current Share Price	CA$0.48
52 Week High	CA$1.85
52 Week Low	CA$0.47
Beta	1.75
1 Month Change	-32.64%
3 Month Change	-40.85%
1 Year Change	-46.11%
3 Year Change	162.16%
5 Year Change	340.91%
Change since IPO	-97.69%

Shareholder Returns

	LAB	CA Metals and Mining	CA Market
7D	-11.8%	-2.1%	1.3%
1Y	-46.1%	-10.5%	4.8%

Return vs Industry: LAB underperformed the Canadian Metals and Mining industry which returned -10.4% over the past year.

Return vs Market: LAB underperformed the Canadian Market which returned 5.9% over the past year.

Price Volatility

Is LAB's price volatile compared to industry and market?
LAB volatility
LAB Average Weekly Movement	9.8%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	9.7%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	4.3%

Stable Share Price: LAB is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: LAB's weekly volatility (10%) has been stable over the past year.

About the Company

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

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

How do Labrador Gold's earnings and revenue compare to its market cap?
LAB fundamental statistics
Market Cap	CA$76.02m
Earnings (TTM)	-CA$1.63m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-46.7x

P/E Ratio

Is LAB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LAB income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.63m
Earnings	-CA$1.63m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.01
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did LAB perform over the long term?

See historical performance and comparison

Valuation

Is Labrador Gold undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

1.67x

Price to Book (PB) ratio

Share Price vs. Fair Value

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 Ratio

PE vs Industry: LAB is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.

PE vs Market: LAB is unprofitable, so we can't compare its PE Ratio to the Canadian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LAB's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: LAB is good value based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (2x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

8.0%

Forecasted Materials industry annual growth in earnings

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 SimplyWall St do have past financial data.

Past Performance

How has Labrador Gold performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-52.5%

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 52.5% 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 (-5.8%).

Return on Equity

High ROE: LAB has a negative Return on Equity (-3.57%), as it is currently unprofitable.

Financial Health

How is Labrador Gold's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: LAB's short term assets (CA$31.3M) 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.

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

Forecast Cash Runway: LAB has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 43.4% each year.

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
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.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure

CEO

Roger Moss (57 yo)

25.33yrs

Tenure

CA$455,225

Compensation

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.

Leadership Team

Experienced Management: LAB's management team is considered experienced (2 years average tenure).

Board Members

Experienced Board: LAB's board of directors are considered experienced (5.4 years average tenure).

Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.7%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/18 00:00
End of Day Share Price	2022/05/18 00:00
Earnings	2021/12/31
Annual Earnings	2021/09/30