Lomiko Metals Inc. engages in the acquisition, exploration, and development of resource properties in Canada.
+ 1 more risk
Imperfect balance sheet and overvalued.
Share Price & News
How has Lomiko Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LMR 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: LMR underperformed the Canadian Metals and Mining industry which returned 4.7% over the past year.
Return vs Market: LMR underperformed the Canadian Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is Lomiko Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StWhat Type Of Shareholder Owns Lomiko Metals Inc.'s (CVE:LMR)?
7 months ago | Simply Wall StDoes Lomiko Metals Inc. (CVE:LMR) Have A High Beta?
8 months ago | Simply Wall StSome Lomiko Metals (CVE:LMR) Shareholders Have Taken A Painful 94% Share Price Drop
Is Lomiko Metals 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 LMR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LMR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LMR is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LMR 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 LMR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LMR is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.5x).
How is Lomiko Metals 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 Lomiko Metals 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.
- Take a look at our analysis of LMR’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.
- Lomiko Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Lomiko Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LMR is currently unprofitable.
Growing Profit Margin: LMR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LMR is unprofitable, and losses have increased over the past 5 years at a rate of -45.1% per year.
Accelerating Growth: Unable to compare LMR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LMR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.7%).
Return on Equity
High ROE: LMR has a negative Return on Equity (-47.67%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Lomiko Metals's financial position?
Financial Position Analysis
Short Term Liabilities: LMR's short term assets (CA$249.7K) do not cover its short term liabilities (CA$475.7K).
Long Term Liabilities: LMR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LMR's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LMR's debt to equity ratio has reduced over the past 5 years.
Inventory Level: LMR has a high level of physical assets or inventory.
Debt Coverage by Assets: LMR's debt is covered by short term assets (assets are 8.3x debt).
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: LMR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LMR has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.8% each year.
What is Lomiko Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LMR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LMR'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 LMR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LMR'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 LMR'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
Amrit Paul Gill 0
Mr. Amrit Paul S. Gill has been the Chief Executive Officer of Lomiko Metals Inc. since June 2009. Mr. Gill serves as the President of Lomiko Metals Inc. since June 2009. Mr. Gill has been a Consultant o ...
CEO Compensation Analysis
Compensation vs Market: Amrit Paul's total compensation ($USD67.87K) is below average for companies of similar size in the Canadian market ($USD154.33K).
Compensation vs Earnings: Amrit Paul's compensation has been consistent with company performance over the past year.
|CFO & Director||24.1yrs||CA$90.00k||0.11% CA$4.7k|
|Member of Board of Advisors||7.8yrs||no data||no data|
|Independent Director||10.7yrs||no data||no data|
|Member of Advisory Board||0yrs||no data||no data|
|Member of Board of Advisors||1yrs||no data||no data|
|Member of Board of Advisors||7.1yrs||no data||no data|
|Member of Board of Advisors||7.9yrs||no data||no data|
|Member of Board of Advisors||6.8yrs||no data||no data|
|Member of Board of Advisors||6.8yrs||no data||no data|
Experienced Board: LMR's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LMR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 90.5%.
Lomiko Metals Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Lomiko Metals Inc.
- Ticker: LMR
- Exchange: TSXV
- Founded: 1987
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$4.336m
- Shares outstanding: 86.73m
- Website: https://www.lomiko.com
- Lomiko Metals Inc.
- 7184 120th Street
- Suite 439
- British Columbia
- V3W 0M6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LMR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 1989|
|DH8C||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 1989|
|LMRM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 1989|
|0V4O||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Jul 1989|
Lomiko Metals Inc. engages in the acquisition, exploration, and development of resource properties in Canada. The company explores for graphite, zinc, silver, and gold deposits. Its principal property is the La Loutre graphite property that consists of 42 continuous mineral claims covering an area of approximately 2,867.29 hectares located in southern Québec. The company was formerly known as Lomiko Resources Inc. and changed its name to Lomiko Metals Inc. in October 2008. Lomiko Metals Inc. was founded in 1987 and is headquartered in Surrey, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 01:04|
|End of Day Share Price||2020/02/20 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.