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Laurion Mineral Exploration

TSXV:LME
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LME
TSXV
CA$12M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Laurion Mineral Exploration Inc., a junior mineral exploration and development company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. The last earnings update was 114 days ago. More info.


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LME Share Price and Events
7 Day Returns
-5.6%
TSXV:LME
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
54.5%
TSXV:LME
-5.9%
CA Metals and Mining
0.7%
CA Market
LME Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Laurion Mineral Exploration (LME) -5.6% 0% -5.6% 54.5% 466.7% 240%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • LME outperformed the Metals and Mining industry which returned -5.9% over the past year.
  • LME outperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
LME
Industry
5yr Volatility vs Market

Value

 Is Laurion Mineral Exploration 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 Laurion Mineral Exploration. This is due to cash flow or dividend data being unavailable. The share price is CA$0.085.
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 Laurion Mineral Exploration's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Laurion Mineral Exploration's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:LME PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:LME Share Price ** TSXV (2019-03-20) in CAD CA$0.09
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of Laurion Mineral Exploration.

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

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

= 0.09 ÷ -0.01

-6.8x

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

  • Laurion Mineral Exploration is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Laurion Mineral Exploration is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Laurion Mineral Exploration's expected growth come at a high price?
Raw Data
TSXV:LME PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.8x
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 0.7x
Canada Market PEG Ratio Median Figure of 253 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 Laurion Mineral Exploration, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Laurion Mineral Exploration's assets?
Raw Data
TSXV:LME PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.00
TSXV:LME Share Price * TSXV (2019-03-20) in CAD CA$0.09
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:LME PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.09 ÷ 0.00

648.85x

* Primary Listing of Laurion Mineral Exploration.

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

  • Laurion Mineral Exploration is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Laurion Mineral Exploration'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. Laurion Mineral Exploration 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.

Future Performance

 How is Laurion Mineral Exploration 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 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 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
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Laurion Mineral Exploration expected to grow at an attractive rate?
  • Unable to compare Laurion Mineral Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Laurion Mineral Exploration's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Laurion Mineral Exploration's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:LME Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:LME Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:LME Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -1 -2
2018-06-30 0 -1
2018-03-31 0 0
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 1
2016-06-30 0 1
2016-03-31 0 1
2015-12-31 0 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Laurion Mineral Exploration is high growth as no earnings estimate data is available.
  • Unable to determine if Laurion Mineral Exploration 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:LME Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Laurion Mineral Exploration Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LME Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.01
2016-06-30 0.00
2016-03-31 0.01
2015-12-31 0.01

*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 Laurion Mineral Exploration will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of LME’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Laurion Mineral Exploration'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. Laurion Mineral Exploration'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 Laurion Mineral Exploration'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.
Laurion Mineral Exploration 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.

Past Performance

  How has Laurion Mineral Exploration 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 Laurion Mineral Exploration'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.
  • Laurion Mineral Exploration does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Laurion Mineral Exploration's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Laurion Mineral Exploration's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Laurion Mineral Exploration'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 Laurion Mineral Exploration Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LME Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -1.60 1.23
2018-06-30 -1.02 0.66
2018-03-31 -0.33 0.33
2017-12-31 -0.31 0.30
2017-09-30 -0.30 0.34
2017-06-30 -0.48 0.52
2017-03-31 -0.42 0.46
2016-12-31 -0.37 0.41
2016-09-30 0.54 0.34
2016-06-30 0.50 0.28
2016-03-31 0.91 0.53
2015-12-31 0.74 0.61
2015-09-30 -0.29 0.72
2015-06-30 -0.87 0.71
2015-03-31 -1.26 0.63
2014-12-31 -1.23 0.66
2014-09-30 -1.27 0.71
2014-06-30 -0.52 0.71
2014-03-31 -0.74 0.67
2013-12-31 -0.86 0.73
2013-09-30 -0.92 0.78
2013-06-30 -0.92 0.76
2013-03-31 -0.97 0.78
2012-12-31 -0.89 0.72
2012-09-30 -2.16 0.64
2012-06-30 -2.81 1.05
2012-03-31 -2.42 1.08

*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 Laurion Mineral Exploration has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Laurion Mineral Exploration 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 Laurion Mineral Exploration 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 Laurion Mineral Exploration'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.
Laurion Mineral Exploration 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.

Health

 How is Laurion Mineral Exploration'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 Laurion Mineral Exploration's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Laurion Mineral Exploration is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Laurion Mineral Exploration has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Laurion Mineral Exploration'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 21.7x debt.
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 Laurion Mineral Exploration Company Filings, last reported 5 months ago.

TSXV:LME Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 0.02 0.02 0.39
2018-06-30 -0.47 0.02 0.07
2018-03-31 -0.75 0.02 0.19
2017-12-31 -0.86 0.02 0.02
2017-09-30 -0.78 0.02 0.04
2017-06-30 -0.71 0.02 0.01
2017-03-31 -0.64 0.01 0.02
2016-12-31 -0.56 0.00 0.02
2016-09-30 -0.61 0.00 0.01
2016-06-30 -0.36 0.00 0.03
2016-03-31 -0.34 0.00 0.08
2015-12-31 -0.31 0.00 0.11
2015-09-30 2.45 0.00 0.14
2015-06-30 2.69 0.00 0.19
2015-03-31 2.22 0.00 0.11
2014-12-31 2.40 0.00 0.05
2014-09-30 2.59 0.00 0.17
2014-06-30 3.45 0.00 0.29
2014-03-31 3.44 0.00 0.34
2013-12-31 3.61 0.00 0.41
2013-09-30 3.82 0.00 0.50
2013-06-30 3.74 0.00 0.17
2013-03-31 3.94 0.00 0.39
2012-12-31 4.22 0.00 0.66
2012-09-30 4.47 0.00 0.57
2012-06-30 4.56 0.00 0.62
2012-03-31 4.55 0.00 1.07
  • Laurion Mineral Exploration's level of debt (132.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 132.7% today).
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.

  • Laurion Mineral Exploration has less than a year of cash runway based on current free cash flow.
  • Laurion Mineral Exploration has less than a year of cash runway if free cash flow continues to grow at historical rates of 63% each year.
X
Financial health checks
We assess Laurion Mineral Exploration'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. Laurion Mineral Exploration has a total score of 2/6, 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.

Dividends

 What is Laurion Mineral Exploration'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 Laurion Mineral Exploration dividends.
If you bought CA$2,000 of Laurion Mineral Exploration 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 Laurion Mineral Exploration's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Laurion Mineral Exploration'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:LME 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 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
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 Laurion Mineral Exploration has not reported any payouts.
  • Unable to verify if Laurion Mineral Exploration's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Laurion Mineral Exploration's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Laurion Mineral Exploration 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 Laurion Mineral Exploration'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 Laurion Mineral Exploration afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Laurion Mineral Exploration 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.

Management

 What is the CEO of Laurion Mineral Exploration'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
Cynthia Le Sueur-Aquin
COMPENSATION CA$157,676
CEO Bio

Ms. Cynthia E. 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 Officer. Since 1999, Ms. Le Sueur-Aquin serves as a Consultant in Huntsville, Ontario, with Quaere Strategia Inc. and has completed numerous mineral valuations, evaluations and fairness opinions for planned mergers and acquisitions in connection therewith. She has 29 years of mine management experience within the precious metal mining industry. She involved in global exploration and production operations, including the development and project management of many mines, sand and slimes recovery sites and gold recovery plants throughout the world. She served as Senior Vice-President, Exploration and Mining Projects for Antares Mining and Exploration Corp. Ms. Le Sueur-Aquin worked for Randgold and Exploration Company Limited, Rand Leases (V) Gold Mining Company Limited and Gold Fields Limited prior to coming to Canada in 1995. She served as Executive Officer of Houston Lake Mining Inc. She has been an Executive Director of Laurion Mineral Exploration Inc. since April 17, 2003. Her postings have provided her with direct exposure to cultural, political and regulatory issues in Indonesia, South Africa, Zimbabwe, Canada, Mexico, Mozambique, Zambia, Botswana and other North African States. Ms. Le Sueur-Aquin also has experience in project financing, mining property acquisitions, corporate legal work and negotiations, company administration and investor relations.

CEO Compensation
  • Cynthia's compensation has been consistent with company performance over the past year.
  • Cynthia's remuneration is about average for companies of similar size in Canada.
Management Team

Cynthia Le Sueur-Aquin

TITLE
President
COMPENSATION
CA$158K

Doug Bolton

TITLE
CFO & Director
COMPENSATION
CA$60K
AGE
67
TENURE
6.5 yrs
Board of Directors Tenure

Average tenure and age of the Laurion Mineral Exploration board of directors in years:

4.2
Average Tenure
65
Average Age
  • The tenure for the Laurion Mineral Exploration board of directors is about average.
Board of Directors

Doug Bolton

TITLE
CFO & Director
COMPENSATION
CA$60K
AGE
67
TENURE
6.5 yrs

David Burkes

TITLE
Director
TENURE
15 yrs

Cynthia Le Sueur-Aquin

TITLE
President
COMPENSATION
CA$158K
TENURE
15.9 yrs

Neil D. Westoll

TITLE
Director
TENURE
15 yrs

Terry Byberg

TITLE
Technical Advisory Board Member
COMPENSATION
CA$4K
AGE
67
TENURE
1.9 yrs

Joe Campbell

TITLE
Technical Advisory Board Member
AGE
61
TENURE
1.9 yrs

E. Jensen

TITLE
Technical Advisory Board Member & Director
TENURE
1.9 yrs

Jean Lafleur

TITLE
Member of Technical Advisory Committee
AGE
63
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Laurion Mineral Exploration'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. Laurion Mineral Exploration 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.

News

Simply Wall St News

What Percentage Of Laurion Mineral Exploration Inc (CVE:LME) Shares Do Insiders Own?

A look at the shareholders of Laurion Mineral Exploration Inc (CVE:LME) can tell us which group is most powerful. … With a market capitalization of CA$14m, Laurion Mineral Exploration is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Laurion Mineral Exploration

Simply Wall St -

Does Laurion Mineral Exploration Inc (CVE:LME) Fall With The Market?

Generally, an investor should consider two types of risk that impact the market value of LME. … The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The other type of risk, which cannot be diversified away, is market risk.

Simply Wall St -

Is Laurion Mineral Exploration Inc's (CVE:LME) CEO Salary Justified?

Profitability of a company is a strong indication of LME's ability to generate returns on shareholders' funds through corporate activities. … Typically I'd use market cap and profit as factors determining performance, however, LME's negative earnings reduces the usefulness of my formula. … Next Steps: Hopefully this article has given you insight on how shareholders should think about LME's governance policies such as CEO pay.

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Is Laurion Mineral Exploration Inc's (TSXV:LME) CEO Incentives Align With Yours?

Check out our latest analysis for Laurion Mineral Exploration What has been the trend in LME’s earnings? … Normally I’d use market cap and profit as factors determining performance, however, LME’s negative earnings reduces the effectiveness of this method. … Although remuneration can be a useful gauge of whether Le Sueur-Aquin’s incentives are well-aligned with LME’s shareholders, it is certainly not sufficient to base your investment decision solely on this factor.

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Laurion Mineral Exploration Inc (TSXV:LME) And The Basic Materials Sector Outlook 2017

Laurion Mineral Exploration Inc (TSXV:LME), a CADCA$1.62M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … If your initial investment thesis is around the growth prospects of LME, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

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Should You Be Concerned About Laurion Mineral Exploration Inc's (TSXV:LME) Investors?

In this article, I'm going to take a look at Laurion Mineral Exploration Inc’s (TSXV:LME) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … See our latest analysis for LME TSXV:LME Ownership Summary Oct 25th 17 Insider Ownership Another important group of shareholders are company insiders. … General Public Ownership The general public holds a substantial 94.71% stake in LME, making it a highly popular stock among retail investors.

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Company Info

Description

Laurion Mineral Exploration Inc., a junior mineral exploration and development company, engages in the acquisition, exploration, and development of gold and base metal properties in Canada. It primarily owns a 100% interest in the Ishkoday property covering an area of 4,442 hectare land package comprising 20 contiguous mining leases and 17 mining claims totaling 204 units located in Irwin, Walters, Elmhirst, and Pifher Townships located to the northeast of the town of Beardmore. The company was formerly known as Laurion Gold Inc. and changed its name to Laurion Mineral Exploration Inc. in October 2006. Laurion Mineral Exploration Inc. was incorporated in 1945 and is based in Toronto, Canada.

Details
Name: Laurion Mineral Exploration Inc.
LME
Exchange: TSXV
Founded: 1945
CA$11,973,957
140,870,084
Website: http://www.laurion.org
Address: Laurion Mineral Exploration Inc.
40 King Street West,
Suite 5800,
Toronto,
Ontario, M5H 3S1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LME Common Shares TSX Venture Exchange CA CAD 20. Jul 1984
OTCPK LMEF.F Common Shares Pink Sheets LLC US USD 20. Jul 1984
Number of employees
Current staff
Staff numbers
0
Laurion Mineral Exploration employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:08
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.