LaSalle Exploration Corp., a junior mining exploration company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Canada.
Flawless balance sheet and overvalued.
Share Price & News
How has LaSalle Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LSX 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: Insufficient data to determine how LSX performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how LSX performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is LaSalle Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is LaSalle 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 LSX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LSX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LSX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LSX 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 LSX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LSX is good value based on its PB Ratio (2x) compared to the CA Metals and Mining industry average (2.2x).
How is LaSalle 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 LaSalle 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 LaSalle 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.
- LaSalle 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 LaSalle Exploration performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: LSX is currently unprofitable.
Growing Profit Margin: LSX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if LSX's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare LSX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LSX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (18.3%).
Return on Equity
High ROE: LSX has a negative Return on Equity (-20.23%), as it is currently unprofitable.
How is LaSalle Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: LSX's short term assets (CA$1.4M) exceed its short term liabilities (CA$382.1K).
Long Term Liabilities: LSX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LSX is debt free.
Reducing Debt: LSX has not had any debt for past 5 years.
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: LSX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LSX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 61.2% each year.
What is LaSalle Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LSX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LSX'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 LSX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LSX'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 LSX'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 management tenure
Ian Campbell (60yo)
Mr. Ian Joe Campbell, B.Sc., P.Geo, serves as President, Chief Executive Officer and Director of LaSalle Exploration Corp. since November 3, 2018. He is Project Manager of Pan American Silver Corp. and Con ...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD81.19K) is below average for companies of similar size in the Canadian market ($USD173.94K).
Compensation vs Earnings: Ian's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||8.33yrs||CA$14.97k||0.11% CA$6.3k|
|Vice President of Exploration||1.67yrs||CA$142.59k||0.090% CA$5.3k|
|Corporate Secretary||no data||no data||0.40% CA$23.4k|
Experienced Management: LSX's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|Independent Director||1.67yrs||no data||0.17% CA$10.0k|
|Chairman of the Board||8.67yrs||no data||5.59% CA$327.0k|
|Independent Director||8.33yrs||no data||0.45% CA$26.3k|
|Independent Director||1.92yrs||no data||1.17% CA$68.4k|
Experienced Board: LSX's board of directors are not considered experienced ( 1.9 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: LSX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: LSX only recently listed within the past 12 months.
LaSalle Exploration Corp.'s company bio, employee growth, exchange listings and data sources
- Name: LaSalle Exploration Corp.
- Ticker: LSX
- Exchange: TSXV
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$5.848m
- Shares outstanding: 58.48m
- Website: https://www.lasallecorp.com
Number of Employees
- LaSalle Exploration Corp.
- 1281 West Georgia Street
- Suite 502
- British Columbia
- V6E 3J7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LSX||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2019|
LaSalle Exploration Corp., a junior mining exploration company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Canada. The company explores for gold, copper, silver, nickel, and platinum group elements. It holds 100% interest in the Radisson property comprising 86 designated claims covering a total area of 4,450.88 hectares located in the town of Matagami in Abitibi, Quebec; Blakelock property consisting of 230 cell claims covering an area of 3,700 hectare situated in the district of Cochrane, Ontario; and Selbaie property comprising 6 claims located in Matagami, Québec. The company was founded in 2011 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/03 00:42|
|End of Day Share Price||2020/06/30 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.