TSXV:LMR

Stock Analysis Report

Executive Summary

Lomiko Metals Inc. engages in the acquisition, exploration, and development of resource properties in Canada.


Snowflake Analysis

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.


Market Performance


7 Day Return

0%

LMR

3.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

-40.0%

LMR

4.7%

CA Metals and Mining

5.3%

CA Market

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.


Shareholder returns

LMRIndustryMarket
7 Day0%3.1%0.6%
30 Day28.6%3.5%1.0%
90 Dayn/a11.9%4.5%
1 Year-40.0%-40.0%5.4%4.7%8.6%5.3%
3 Year-82.7%-82.7%-4.3%-5.9%18.0%7.4%
5 Year-93.1%-93.1%24.6%21.0%34.4%14.9%

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

Valuation

Is Lomiko Metals undervalued compared to its fair value and its price relative to the market?

1.03x

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).


Next Steps

Future Growth

How is Lomiko Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

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.


Next Steps

Past Performance

How has Lomiko Metals performed over the past 5 years?

-45.1%

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


Next Steps

Financial Health

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.


Balance Sheet

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.


Next Steps

Dividend

What is Lomiko Metals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.1%forecastin3Yearsn/a

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.


Next Steps

Management

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

7.8yrs

Average board tenure


CEO

Amrit Paul Gill 0

10.7yrs

Tenure

CA$90,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Amrit Paul Gill
President10.7yrsCA$90.00k5.82% CA$252.4k
Jacqueline Michael
CFO & Director24.1yrsCA$90.00k0.11% CA$4.7k
Kumara Rachamalla
Member of Board of Advisors7.8yrsno datano data
Julius Galik
Independent Director10.7yrsno datano data
Michael Pesner
Member of Advisory Board0yrsno datano data
Brian Gusko
Member of Board of Advisors1yrsno datano data
Rodney Ogilvie
Member of Board of Advisors7.1yrsno datano data
Dietmar Siebholz
Member of Board of Advisors7.9yrsno datano data
Elena Polyakova
Member of Board of Advisors6.8yrsno datano data
Daniel Stolyarov
Member of Board of Advisors6.8yrsno datano data

7.8yrs

Average Tenure

52yo

Average Age

Experienced Board: LMR's board of directors are considered experienced (7.8 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 90.5%.


Top Shareholders

Company Information

Lomiko Metals Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Lomiko Metals Inc.
  • 7184 120th Street
  • Suite 439
  • Surrey
  • British Columbia
  • V3W 0M6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LMRTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 1989
DH8CDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1989
LMRM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1989
0V4OLSE (London Stock Exchange)YesCommon SharesGBCADJul 1989

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:04
End of Day Share Price2020/02/20 00:00
Earnings2019/10/31
Annual Earnings2019/07/31


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.