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Lomiko Metals

TSXV:LMR
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LMR
TSXV
CA$6M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Lomiko Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. The last earnings update was 90 days ago. More info.


Add to Portfolio Compare Print
  • Lomiko Metals has significant price volatility in the past 3 months.
LMR Share Price and Events
7 Day Returns
33.3%
TSXV:LMR
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-20%
TSXV:LMR
-5.9%
CA Metals and Mining
0.7%
CA Market
LMR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lomiko Metals (LMR) 33.3% 100% 100% -20% -80% -87.7%
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
  • LMR underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • LMR underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
LMR
Industry
5yr Volatility vs Market

LMR Value

 Is Lomiko Metals 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 Lomiko Metals. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Lomiko Metals's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lomiko Metals's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:LMR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.15
TSXV:LMR Share Price ** TSXV (2019-03-20) in CAD CA$0.08
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 Lomiko Metals.

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

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

= 0.08 ÷ -0.15

-0.54x

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

  • Lomiko Metals is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Lomiko Metals is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Lomiko Metals's expected growth come at a high price?
Raw Data
TSXV:LMR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.54x
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 Lomiko Metals, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lomiko Metals's assets?
Raw Data
TSXV:LMR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.07
TSXV:LMR Share Price * TSXV (2019-03-20) in CAD CA$0.08
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:LMR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.08 ÷ 0.07

1.15x

* Primary Listing of Lomiko Metals.

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

  • Lomiko Metals is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Lomiko Metals'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. Lomiko Metals has a total score of 1/6, 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.

LMR Future Performance

 How is Lomiko Metals 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 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 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 Lomiko Metals expected to grow at an attractive rate?
  • Unable to compare Lomiko Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lomiko Metals's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Lomiko Metals's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:LMR 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:LMR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:LMR Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:LMR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 -1 -6
2018-07-31 -1 -6
2018-04-30 -2 -2
2018-01-31 -2 -1
2017-10-31 -1 -1
2017-07-31 -1 -1
2017-04-30 -1 -1
2017-01-31 -1 -1
2016-10-31 -1 -3
2016-07-31 -1 -1
2016-04-30 -1 2
2016-01-31 -1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lomiko Metals is high growth as no earnings estimate data is available.
  • Unable to determine if Lomiko Metals 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:LMR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lomiko Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LMR Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:LMR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.15
2018-07-31 -0.16
2018-04-30 -0.07
2018-01-31 -0.04
2017-10-31 -0.04
2017-07-31 -0.05
2017-04-30 -0.05
2017-01-31 -0.05
2016-10-31 -0.17
2016-07-31 -0.05
2016-04-30 0.10
2016-01-31 0.10

*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 Lomiko Metals will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Lomiko Metals'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.
  2. Lomiko Metals'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. Lomiko Metals'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 Lomiko Metals'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.
Lomiko Metals 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.

LMR Past Performance

  How has Lomiko Metals 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 Lomiko Metals'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.
  • Lomiko Metals does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lomiko Metals's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lomiko Metals's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Lomiko Metals'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 Lomiko Metals Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LMR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -5.71 1.97
2018-07-31 -5.53 1.84
2018-04-30 -1.93 1.27
2018-01-31 -1.01 0.83
2017-10-31 -0.91 0.60
2017-07-31 -0.96 0.67
2017-04-30 -0.82 0.72 0.05
2017-01-31 -0.74 0.82 0.05
2016-10-31 -2.60 0.75 0.01
2016-07-31 -0.68 0.74 0.05
2016-04-30 1.50 0.82
2016-01-31 1.51 0.95
2015-10-31 1.31 1.13 0.04
2015-07-31 1.18 1.29
2015-04-30 -1.01 1.32 0.00
2015-01-31 -1.21 1.14 0.01
2014-10-31 -1.12 1.08 0.01
2014-07-31 -0.82 0.77 0.01
2014-04-30 -0.73 0.56 0.06
2014-01-31 -0.68 0.57 0.06
2013-10-31 -0.57 0.46 0.05
2013-07-31 -0.60 0.50 0.05
2013-04-30 -0.82 0.60
2013-01-31 -0.90 0.67
2012-10-31 -0.87 0.63
2012-07-31 -0.88 0.59
2012-04-30 -0.65 0.51

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

LMR Health

 How is Lomiko Metals'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 Lomiko Metals's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lomiko Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lomiko Metals has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lomiko Metals'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.
  • High level of physical assets or inventory.
  • Lomiko Metals has no debt, it does not need to be covered by short term assets.
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 Lomiko Metals Company Filings, last reported 4 months ago.

TSXV:LMR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 3.55 0.00 0.06
2018-07-31 3.26 0.00 0.04
2018-04-30 7.03 0.00 0.07
2018-01-31 8.06 0.00 0.23
2017-10-31 6.63 0.00 0.04
2017-07-31 6.41 0.14 0.10
2017-04-30 5.85 0.14 0.02
2017-01-31 6.09 0.14 0.05
2016-10-31 6.46 0.14 0.27
2016-07-31 6.61 0.14 0.33
2016-04-30 6.81 0.14 0.03
2016-01-31 6.11 0.14 0.05
2015-10-31 8.03 0.00 0.40
2015-07-31 8.26 0.00 1.36
2015-04-30 9.18 0.00 1.93
2015-01-31 10.03 0.00 2.69
2014-10-31 12.95 0.00 3.85
2014-07-31 5.85 0.00 4.53
2014-04-30 6.56 0.00 4.86
2014-01-31 1.46 0.00 0.29
2013-10-31 1.40 0.00 0.16
2013-07-31 1.17 0.00 0.39
2013-04-30 0.81 0.00 0.01
2013-01-31 0.90 0.00 0.08
2012-10-31 1.02 0.00 0.21
2012-07-31 1.14 0.00 0.41
2012-04-30 1.50 0.00 0.57
  • Lomiko Metals has no debt.
  • Lomiko Metals had no debt 5 years ago.
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.

  • Lomiko Metals has less than a year of cash runway based on current free cash flow.
  • Lomiko Metals has less than a year of cash runway if free cash flow continues to reduce at historical rates of -21.9% each year.
X
Financial health checks
We assess Lomiko Metals'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. Lomiko Metals has a total score of 4/6, 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.

LMR Dividends

 What is Lomiko Metals'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 Lomiko Metals dividends.
If you bought CA$2,000 of Lomiko Metals 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 Lomiko Metals's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lomiko Metals'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:LMR 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.

TSXV:LMR Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Lomiko Metals has not reported any payouts.
  • Unable to verify if Lomiko Metals's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lomiko Metals's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lomiko Metals 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 Lomiko Metals'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 Lomiko Metals afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lomiko Metals 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.

LMR Management

 What is the CEO of Lomiko Metals'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
Amrit Paul Gill
COMPENSATION CA$90,000
TENURE AS CEO 9.8 years
CEO Bio

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 of AJS Management since March, 2001. He served as the Chief Executive Officer and President of Grenville Gold Corporation from November 16, 2006 to December 8, 2010. He served as Chief Financial Officer of Lomiko Metals Inc. from September 28, 2006 to June 5, 2009. He developed significant experience in the strategic development of resource companies such as Norsemont Mining,Inc. and Lomiko Resources. He has held the positions of President, Chief Financial Officer, Corporate Secretary and Vice-President of Business Development of Norsemont Mining Inc. and served as a co-founding director with Mr. De Melt. He served as the Vice President of Business Development for Federal Civil Servant from February, 2002 to October, 2002. Mr. Gill has been a Director of Lomiko Metals Inc. since May 15, 2006. He served as Director of Grenville Gold Corporation from October 17, 2006 to January 2011.

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

Amrit Paul Gill

TITLE
President & CEO
COMPENSATION
CA$90K
TENURE
9.8 yrs

Jacqueline Michael

TITLE
CFO & Director
COMPENSATION
CA$90K
TENURE
9.8 yrs
Board of Directors Tenure

Average tenure and age of the Lomiko Metals board of directors in years:

6.8
Average Tenure
51
Average Age
  • The tenure for the Lomiko Metals board of directors is about average.
Board of Directors

Jacqueline Michael

TITLE
CFO & Director
COMPENSATION
CA$90K
TENURE
23.2 yrs

Julius Galik

TITLE
Director
TENURE
9.8 yrs

Amrit Paul Gill

TITLE
President & CEO
COMPENSATION
CA$90K
TENURE
12.8 yrs

Dietmar Siebholz

TITLE
Member of Board of Advisors
AGE
76
TENURE
7 yrs

Kumara Rachamalla

TITLE
Member of Board of Advisors
TENURE
6.8 yrs

Brian Gusko

TITLE
Member of Board of Advisors
AGE
51
TENURE
0.1 yrs

Rod Ogilvie

TITLE
Member of Board of Advisors
TENURE
6.2 yrs

Elena Polyakova

TITLE
Member of Board of Advisors
AGE
41
TENURE
5.9 yrs

Daniel Stolyarov

TITLE
Member of Board of Advisors
AGE
42
TENURE
5.9 yrs

Michael Pesner

TITLE
Member of Advisory Board
AGE
75
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Lomiko Metals insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
02. Feb 19 Sell AJS Management Corporation Company 29. Jan 19 29. Jan 19 -2,439,300 CA$0.05 CA$-109,768
02. Feb 19 Buy Amrit Paul Gill Individual 29. Jan 19 29. Jan 19 2,439,300 CA$0.05 CA$109,768
02. Feb 19 Buy Amrit Paul Gill Individual 31. Jan 19 31. Jan 19 120,000 CA$0.05 CA$6,000
22. Jan 19 Buy Amrit Paul Gill Individual 17. Jan 19 17. Jan 19 70,000 CA$0.05 CA$3,150
17. Dec 18 Buy Amrit Paul Gill Individual 13. Dec 18 13. Dec 18 200,000 CA$0.05 CA$10,000
17. Dec 18 Sell Amrit Paul Gill Individual 12. Dec 18 12. Dec 18 -280,000 CA$0.05 CA$-14,000
19. Nov 18 Buy Amrit Paul Gill Individual 15. Nov 18 19. Nov 18 82,000 CA$0.05 CA$3,934
23. Nov 18 Buy Amrit Paul Gill Individual 20. Nov 18 20. Nov 18 150,000 CA$0.04 CA$6,000
09. Nov 18 Buy AJS Management Corporation Company 07. Nov 18 07. Nov 18 2,000,000 CA$0.05 CA$100,001
18. Oct 18 Buy Amrit Paul Gill Individual 17. Oct 18 17. Oct 18 80,000 CA$0.06 CA$4,150
07. Sep 18 Buy Amrit Paul Gill Individual 06. Sep 18 07. Sep 18 77,000 CA$0.06 CA$4,251
21. Aug 18 Buy Amrit Paul Gill Individual 16. Aug 18 16. Aug 18 59,000 CA$0.06 CA$2,995
06. Aug 18 Buy Amrit Paul Gill Individual 31. Jul 18 31. Jul 18 26,000 CA$0.04 CA$1,040
11. Jul 18 Buy Amrit Paul Gill Individual 06. Jul 18 09. Jul 18 75,000 CA$0.05 CA$3,754
29. Jun 18 Buy Amrit Paul Gill Individual 29. Jun 18 29. Jun 18 50,000 CA$0.06 CA$2,555
18. Jun 18 Buy Amrit Paul Gill Individual 15. Jun 18 15. Jun 18 50,000 CA$0.05 CA$2,500
23. May 18 Buy Amrit Paul Gill Individual 18. May 18 18. May 18 20,000 CA$0.05 CA$900
10. May 18 Buy Amrit Paul Gill Individual 07. May 18 07. May 18 50,000 CA$0.05 CA$2,500
11. Apr 18 Buy Amrit Paul Gill Individual 09. Apr 18 09. Apr 18 100,000 CA$0.09 CA$9,000
23. Mar 18 Buy AJS Management Corporation Company 23. Mar 18 23. Mar 18 34,500 CA$0.09 CA$2,990
X
Management checks
We assess Lomiko Metals'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. Lomiko Metals 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.

LMR News

Simply Wall St News

Is Lomiko Metals Inc's (CVE:LMR) CEO Pay Fair?

Leading Lomiko Metals Inc (CVE:LMR) as the CEO, Amrit Gill took the company to a valuation of CA$2.00m. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … View out our latest analysis for Lomiko Metals

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Does Lomiko Metals Inc's (CVE:LMR) CEO Salary Reflect Performance?

View our latest analysis for Lomiko Metals What has LMR's performance been like? … Normally I'd use market cap and profit as factors determining performance, however, LMR's negative earnings reduces the effectiveness of this method. … the board of directors) how they think about the CEO's incentive alignment with shareholders and how they balance this with retention and reward.

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Who Are Lomiko Metals Inc's (CVE:LMR) Major Shareholders?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in LMR should also look at another important group of investors: private companies, with a stake of 0.063%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: With a low level of institutional ownership, investors in LMR need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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What Kind Of Risk Should You Expect For Lomiko Metals Inc (CVE:LMR)?

With a beta of 1.92, Lomiko Metals is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … LMR, with its market capitalisation of CA$4.40M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … I examine LMR’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

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Why Lomiko Metals Inc's (CVE:LMR) CEO Pay Check Matters To You

TSXV:LMR Past Future Earnings Feb 28th 18 Is LMR's CEO overpaid relative to the market? … Normally I would look at market cap and earnings as a proxy for performance, however, LMR's negative earnings lower the usefulness of my formula. … If you have not done so already, I highly recommend you to complete your research by taking a look at the following: Governance: To find out more about LMR's governance, look through our infographic report of the company's board and management.

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Who Are The Largest Shareholders In Lomiko Metals Inc (TSXV:LMR)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in LMR are private companies that hold a stake of 0.77% in LMR. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: With a low level of institutional ownership, investors in LMR need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Basic Materials Stocks: Is Now The Time To Buy Lomiko Metals Inc (TSXV:LMR)?

TSXV:LMR PE PEG Gauge Nov 16th 17 The metals and mining industry is trading at a PE ratio of 11x, lower than the rest of the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of LMR, 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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LMR Company Info

Description

Lomiko Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. The company primarily explores for graphite deposits. The company holds 100% interests in the Vines Lake zinc-silver-gold property, which consists of three claims covering an area of approximately 1,209.84 hectares located in Liard Mining District of British Columbia; the Quatre-Milles graphite property located north of Sainte-Veronique, Quebec; and the Quatre-Milles West located in southern Quebec. It also holds a 40% interest in the La Loutre graphite property covering an area of approximately 2,508.97 hectares located in southern Québec; and 80% interest in the Lac-des-Iles property covering an area of approximately 5,601.30 hectares situated in 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 incorporated in 1987 and is headquartered in Surrey, Canada.

Details
Name: Lomiko Metals Inc.
LMR
Exchange: TSXV
Founded: 1987
CA$6,000,415
75,005,191
Website: http://www.lomiko.com
Address: Lomiko Metals Inc.
7184 120th Street,
Suite 439,
Surrey,
British Columbia, V3W 0M6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LMR Common Shares TSX Venture Exchange CA CAD 05. Jul 1989
OTCPK LMRM.F Common Shares Pink Sheets LLC US USD 05. Jul 1989
DB DH8C Common Shares Deutsche Boerse AG DE EUR 05. Jul 1989
LSE 0V4O Common Shares London Stock Exchange GB CAD 05. Jul 1989
Number of employees
Current staff
Staff numbers
0
Lomiko Metals employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:19
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2017/11/28
Last earnings filing: 2018/12/21
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/07/31


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.