Laurion Mineral Exploration Inc., a junior mineral exploration and development company, engages in the acquisition, exploration, and development of mineral properties in Canada.
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Laurion Mineral Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LME has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: LME exceeded the Canadian Metals and Mining industry which returned 4.3% over the past year.
Return vs Market: LME exceeded the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Laurion Mineral Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Kind Of Shareholders Own Laurion Mineral Exploration Inc. (CVE:LME)?
1 year ago | Simply Wall StWhat Percentage Of Laurion Mineral Exploration Inc (CVE:LME) Shares Do Insiders Own?
1 year ago | Simply Wall StDoes Laurion Mineral Exploration Inc (CVE:LME) Fall With The Market?
Is Laurion Mineral Exploration undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LME's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LME's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LME is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LME 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 LME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LME is overvalued based on its PB Ratio (20.7x) compared to the CA Metals and Mining industry average (1.5x).
How is Laurion Mineral Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Explore growth companies in the Materials industry.
How has Laurion Mineral Exploration performed over the past 5 years?
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 -20.2% 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 (11.9%).
Return on Equity
High ROE: LME has a negative Return on Equity (-111.61%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Laurion Mineral Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: LME's short term assets (CA$1.6M) exceed its short term liabilities (CA$266.0K).
Long Term Liabilities: LME has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LME is debt free.
Reducing Debt: LME had no debt 5 years ago.
Inventory Level: LME has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LME's debt is covered by short term assets.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LME has less than a year of cash runway if free cash flow continues to reduce at historical rates of -19.1% each year
What is Laurion Mineral Exploration's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LME's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LME's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Cynthia Le Sueur-Aquin 0
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 Offi ...
CEO Compensation Analysis
Compensation vs Market: Cynthia's total compensation ($USD182.81K) is about average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Cynthia's compensation has increased whilst the company is unprofitable.
|VP of Operations & Technical Advisory Board Member||0.6yrs||no data||no data|
|Technical Advisory Board Member||0.6yrs||CA$14.19k||0.057% CA$16.2k|
|Director||0yrs||no data||no data|
|Technical Advisory Board Member||0.6yrs||no data||no data|
|Independent Director||0.6yrs||no data||5.66% CA$1.6m|
|Independent Director||0.6yrs||no data||no data|
Experienced Board: LME's board of directors are not considered experienced ( 0.6 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: LME 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 17.5%.
Laurion Mineral Exploration Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Laurion Mineral Exploration Inc.
- Ticker: LME
- Exchange: TSXV
- Founded: 1945
- Industry: Gold
- Sector: Materials
- Market Cap: CA$28.597m
- Shares outstanding: 178.73m
- Website: https://www.laurion.ca
Number of Employees
- Laurion Mineral Exploration Inc.
- 40 King Street West
- Suite 5800
- M5H 3S1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LME||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 1984|
|LMEF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 1984|
Laurion Mineral Exploration Inc., a junior mineral exploration and development company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for gold, silver, zinc, copper, and base metal deposits. It primarily holds 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 to the northeast of the town of Beardmore. The company also holds an option agreement to acquire a 100% working interest in certain mining leases of the Brenbar Project located in the Irwin Township of Thunder Bay, Ontario. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:16|
|End of Day Share Price||2020/02/14 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.