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
|Historical stock prices|
|Current Share Price||CA$1.07|
|52 Week High||CA$1.15|
|52 Week Low||CA$0.42|
|1 Month Change||10.31%|
|3 Month Change||4.90%|
|1 Year Change||118.37%|
|3 Year Change||872.73%|
|5 Year Change||3,466.67%|
|Change since IPO||245.16%|
Recent News & Updates
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...
|LME||CA Metals and Mining||CA Market|
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.
|LME Average Weekly Movement||6.3%|
|Metals and Mining Industry Average Movement||10.9%|
|Market Average Movement||10.0%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||4.4%|
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
|1945||n/a||Cynthia Le Sueur-Aquin||https://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
|LME fundamental statistics|
Is LME overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LME income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.017|
|Net Profit Margin||0.00%|
How did LME perform over the long term?See historical performance and comparison
Is LME undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is LME's n/a Ratio?|
Price to Book Ratio vs Peers
How does LME's PB Ratio compare to its peers?
|LME PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
MND Mandalay Resources
PRB Probe Metals
PPTA Perpetua Resources
ARIS Aris Gold
LME Laurion Mineral Exploration
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.
|Current PB Ratio||27.6x|
|Fair PB Ratio||n/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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How is Laurion Mineral Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 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.
How has Laurion Mineral Exploration 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: 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.
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How is Laurion Mineral Exploration'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: 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.
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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What is Laurion Mineral Exploration current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Cynthia Le Sueur-Aquin
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...
Experienced Board: LME's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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 11.4%.
Laurion Mineral Exploration Inc.'s employee growth, exchange listings and data sources
- 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
- Laurion Mineral Exploration Inc.
- Scotia Tower
- 40 King Street West
- M5H 3S1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 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.