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LME

Laurion Mineral Exploration TSXV:LME Stock Report

Last Price

CA$1.07

Market Cap

CA$271.8m

7D

0.9%

1Y

118.4%

Updated

27 Jun, 2022

Data

Company Financials
LME fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

LME Stock Overview

Laurion Mineral Exploration Inc. engages in the acquisition, exploration, and development of gold properties in Canada.

Laurion Mineral Exploration Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Laurion Mineral Exploration
Historical stock prices
Current Share PriceCA$1.07
52 Week HighCA$1.15
52 Week LowCA$0.42
Beta0.26
1 Month Change10.31%
3 Month Change4.90%
1 Year Change118.37%
3 Year Change872.73%
5 Year Change3,466.67%
Change since IPO245.16%

Recent News & Updates

Jun 16
Laurion Mineral Exploration (CVE:LME) Is In A Good Position To Deliver On Growth Plans

Laurion Mineral Exploration (CVE:LME) Is In A Good Position To Deliver On Growth Plans

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Shareholder Returns

LMECA Metals and MiningCA Market
7D0.9%-4.9%0.3%
1Y118.4%-12.7%-4.0%

Return vs Industry: LME exceeded the Canadian Metals and Mining industry which returned -12.7% over the past year.

Return vs Market: LME exceeded the Canadian Market which returned -4% over the past year.

Price Volatility

Is LME's price volatile compared to industry and market?
LME volatility
LME Average Weekly Movement6.3%
Metals and Mining Industry Average Movement10.9%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: LME is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: LME's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945n/aCynthia Le Sueur-Aquinhttps://www.laurion.ca

Laurion Mineral Exploration Inc. engages in the acquisition, exploration, and development of gold properties in Canada. The company explores for gold, silver, zinc, copper, and base metal deposits. Its flagship project is the Ishkoday property covering an area of 4,442 hectares of land package covering 6 properties consisting of 20 mining leases totaling 1,178 hectares and 17 mining claims totaling 3,264 hectares located in Irwin, Pifher, Walters, and Elmhirst townships to the northeast of the town of Beardmore.

Laurion Mineral Exploration Fundamentals Summary

How do Laurion Mineral Exploration's earnings and revenue compare to its market cap?
LME fundamental statistics
Market CapCA$271.84m
Earnings (TTM)-CA$4.42m
Revenue (TTM)n/a

0.0x

P/S Ratio

-61.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LME income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$4.42m
Earnings-CA$4.42m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.017
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did LME perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is LME undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LME?

Other financial metrics that can be useful for relative valuation.

LME key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

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

LME PB Ratio vs Peers
The above table shows the PB ratio for LME vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.8x
MND Mandalay Resources
1.1x4.7%CA$265.6m
PRB Probe Metals
6x1.2%CA$239.2m
PPTA Perpetua Resources
2.2x15.8%CA$299.8m
ARIS Aris Gold
1.5x67.9%CA$264.6m
LME Laurion Mineral Exploration
27.6xn/aCA$271.8m

Price-To-Book vs Peers: LME is expensive based on its Price-To-Book Ratio (27.6x) compared to the peer average (2.7x).


Price to Earnings Ratio vs Industry

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

Price-To-Book vs Industry: LME is expensive based on its Price-To-Book Ratio (27.6x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is LME'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.

LME PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio27.6x
Fair PB Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate LME's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate LME's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

How is Laurion Mineral Exploration 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


9.7%

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 Laurion Mineral Exploration 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.


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  • Examine Laurion Mineral Exploration'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.
  • Laurion Mineral Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Laurion Mineral Exploration 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


-41.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LME is currently unprofitable.

Growing Profit Margin: LME is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LME is unprofitable, and losses have increased over the past 5 years at a rate of 41.7% per year.

Accelerating Growth: Unable to compare LME's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LME 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: LME has a negative Return on Equity (-44.89%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Laurion Mineral Exploration'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: LME's short term assets (CA$10.2M) exceed its short term liabilities (CA$330.0K).

Long Term Liabilities: LME has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LME is debt free.

Reducing Debt: LME currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: LME has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LME has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 48.2% each year.


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Dividend

What is Laurion Mineral Exploration 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 LME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LME'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 LME's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LME'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 LME has not reported any payouts.


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Management

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

2.9yrs

Average board tenure


CEO

Cynthia Le Sueur-Aquin

19.17yrs

Tenure

CA$291,787

Compensation

Ms. Cynthia Elaine Le Sueur-Aquin, B.Sc. (Ind. Eng), has been the President of Laurion Mineral Exploration Inc. (also known as Laurion Gold Inc.) since April 7, 2003 and also serves as its Chief Executive...


Board Members

Experienced Board: LME's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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 11.4%.


Top Shareholders

Company Information

Laurion Mineral Exploration Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Laurion Mineral Exploration Inc.
  • Ticker: LME
  • Exchange: TSXV
  • Founded: 1945
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$271.836m
  • Shares outstanding: 254.05m
  • Website: https://www.laurion.ca

Location

  • Laurion Mineral Exploration Inc.
  • Scotia Tower
  • 40 King Street West
  • Toronto
  • Ontario
  • M5H 3S1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.