TSXV:LSX

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LaSalle Exploration

Executive Summary

LaSalle Exploration Corp., a junior mining exploration company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in Canada.

Risk Analysis

Does not have a meaningful market cap (CA$6M)



Snowflake Analysis

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.


Market Performance


7 Day Return

25.0%

LSX

3.2%

CA Metals and Mining

0.9%

CA Market


1 Year Return

n/a

LSX

30.3%

CA Metals and Mining

-12.5%

CA Market

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.


Shareholder returns

LSXIndustryMarket
7 Day25.0%3.2%0.9%
30 Day-16.7%9.3%0.4%
90 Day25.0%47.4%17.4%
1 Yearn/a31.3%30.3%-9.5%-12.5%
3 Yearn/a31.5%29.2%4.1%-5.7%
5 Yearn/a85.3%80.2%23.4%4.9%

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

Valuation

Is LaSalle Exploration undervalued compared to its fair value and its price relative to the market?

1.99x

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).


Next Steps

Future Growth

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

20.2%

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.


Next Steps

Past Performance

How has LaSalle Exploration performed over the past 5 years?

-100.3%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Ian Campbell (60yo)

1.67yrs

Tenure

CA$110,220

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
Ian Campbell
President1.67yrsCA$110.22k1.25% CA$73.3k
Arnold Klassen
Chief Financial Officer8.33yrsCA$14.97k0.11% CA$6.3k
Brigitte Dejou
Vice President of Exploration1.67yrsCA$142.59k0.090% CA$5.3k
Paul Simpson
Corporate Secretaryno datano data0.40% CA$23.4k

1.7yrs

Average Tenure

61yo

Average Age

Experienced Management: LSX's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ian Campbell
President1.67yrsCA$110.22k1.25% CA$73.3k
Karen Rees
Independent Director1.67yrsno data0.17% CA$10.0k
Daniel Innes
Chairman of the Board8.67yrsno data5.59% CA$327.0k
Alan Moon
Independent Director8.33yrsno data0.45% CA$26.3k
Steven Cook
Independent Director1.92yrsno data1.17% CA$68.4k

1.9yrs

Average Tenure

64yo

Average Age

Experienced Board: LSX's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

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

Ownership Breakdown

Dilution of Shares: LSX only recently listed within the past 12 months.


Top Shareholders

Company Information

LaSalle Exploration Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • LaSalle Exploration Corp.
  • 1281 West Georgia Street
  • Suite 502
  • Vancouver
  • British Columbia
  • V6E 3J7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LSXTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2019

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/03 00:42
End of Day Share Price2020/06/30 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.