Lumina Gold Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metals in Ecuador.
+ 1 more risk
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Lumina Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LUM's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: LUM exceeded the Canadian Metals and Mining industry which returned 5.4% over the past year.
Return vs Market: LUM exceeded the Canadian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Lumina Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For Lumina Gold Corp. (CVE:LUM)?
2 months ago | Simply Wall StInsider Buying: The Lumina Gold Corp. (CVE:LUM) Just Bought US$4.8m Worth Of Shares
3 months ago | Simply Wall StRoss Beaty Just Bought Shares In Lumina Gold Corp. (CVE:LUM)
Is Lumina Gold 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 LUM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LUM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LUM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LUM 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 LUM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LUM is overvalued based on its PB Ratio (26.8x) compared to the CA Metals and Mining industry average (1.6x).
How is Lumina Gold forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Lumina Gold 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 Lumina Gold'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.
- Lumina Gold competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Lumina Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LUM is currently unprofitable.
Growing Profit Margin: LUM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LUM is unprofitable, and losses have increased over the past 5 years at a rate of -46.5% per year.
Accelerating Growth: Unable to compare LUM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LUM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).
Return on Equity
High ROE: LUM has a negative Return on Equity (-246.03%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Lumina Gold's financial position?
Financial Position Analysis
Short Term Liabilities: LUM's short term assets ($3.8M) exceed its short term liabilities ($902.6K).
Long Term Liabilities: LUM's short term assets ($3.8M) exceed its long term liabilities ($49.4K).
Debt to Equity History and Analysis
Debt Level: LUM is debt free.
Reducing Debt: LUM had no debt 5 years ago.
Inventory Level: LUM has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LUM's debt is covered by short term assets.
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: LUM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LUM has less than a year of cash runway if free cash flow continues to reduce at historical rates of -40% each year
What is Lumina Gold's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LUM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LUM'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 LUM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LUM'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 LUM'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
Marshall Koval (61yo)
Mr. Marshall A. Koval, P.G.,serves as Chief Executive Officer at Luminex Resources Corp. and has been its Director since August 27, 2018. He serves as a Director of Miedzi Copper Corp. Mr. Koval has been t ...
CEO Compensation Analysis
Compensation vs Market: Marshall's total compensation ($USD328.32K) is below average for companies of similar size in the Canadian market ($USD663.47K).
Compensation vs Earnings: Marshall's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||5.6yrs||US$292.96k||1.07% $2.7m|
|VP of Legal Counsel & Director||5.6yrs||US$261.43k||1.62% $4.1m|
|Senior Vice President||5.6yrs||US$341.65k||0.065% $165.0k|
|Vice President of Corporate Development & Communications||2.9yrs||US$591.74k||0.036% $92.4k|
|Corporate Secretary||0yrs||no data||no data|
Experienced Management: LUM's management team is seasoned and experienced (5.6 years average tenure).
|VP of Legal Counsel & Director||5.6yrs||US$261.43k||1.62% $4.1m|
|Independent Director||5.6yrs||US$126.03k||0.41% $1.1m|
|Independent Director||5.6yrs||US$126.03k||0.39% $1.0m|
|Independent Director||25.3yrs||US$129.03k||1.48% $3.8m|
Experienced Board: LUM's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LUM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Lumina Gold Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Lumina Gold Corp.
- Ticker: LUM
- Exchange: TSXV
- Founded: 1988
- Industry: Gold
- Sector: Materials
- Market Cap: CA$255.081m
- Shares outstanding: 331.27m
- Website: https://www.luminagold.com
- Lumina Gold Corp.
- 625 Howe Street
- Suite 410
- British Columbia
- V6C 2T6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LUM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 1990|
|LMGD.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1990|
|OMH2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1990|
Lumina Gold Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metals in Ecuador. The company primarily explores for gold and copper deposits. Its principal project is the Cangrejos project consisting of 10 mineral concessions covering an area of approximately 6,373 hectares located in El Oro Province, southwest Ecuador. The company was formerly known as Odin Mining and Exploration Ltd. and changed its name to Lumina Gold Corp. in November 2016. Lumina Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 00:06|
|End of Day Share Price||2020/02/24 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.