Labyrinth Resources (DB:GG20) - Stock Price, News & Analysis

GG20 Stock Overview

Labyrinth Resources Limited engages in the exploration and development of mineral properties in Australia.

GG20 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (€6M)

Has less than 1 year of cash runway

Earnings have declined by 40.6% per year over past 5 years

+ 1 more risk

Labyrinth Resources Limited Competitors

Pearl Gold

DB:02P

€7.8m

Pasinex Resources

DB:PNX

€1.9m

IberAmerican Lithium

DB:W2C

€12.0m

Decheng Technology

DB:3330

€1.6m

Price History & Performance

Summary of all time highs, changes and price drops for Labyrinth Resources
Historical stock prices
Current Share Price	AU$0.0005
52 Week High	AU$0.004
52 Week Low	AU$0.0005
Beta	1.19
1 Month Change	0%
3 Month Change	0%
1 Year Change	0%
3 Year Change	-98.08%
5 Year Change	-99.22%
Change since IPO	-100.00%

Recent updates

Shareholder Returns

	GG20	DE Metals and Mining	DE Market
7D	0%	4.4%	-1.4%
1Y	0%	-20.8%	2.2%

Return vs Industry: GG20 exceeded the German Metals and Mining industry which returned -21% over the past year.

Return vs Market: GG20 underperformed the German Market which returned 1.9% over the past year.

Price Volatility

Is GG20's price volatile compared to industry and market?
GG20 volatility
GG20 Average Weekly Movement	0%
Metals and Mining Industry Average Movement	7.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: GG20 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine GG20's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1970	n/a	Jennifer Neild	labyrinthresources.com

Labyrinth Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold, lithium, and nickel deposits. It also holds Labyrinth and Denain gold projects located in the Abitibi Greenstone Belt region of Quebec, Canada.

Labyrinth Resources Limited Fundamentals Summary

How do Labyrinth Resources's earnings and revenue compare to its market cap?
GG20 fundamental statistics
Market cap	€3.60m
Earnings (TTM)	-€3.15m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.1x

P/E Ratio

Is GG20 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GG20 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$5.20m
Earnings	-AU$5.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0044
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did GG20 perform over the long term?

See historical performance and comparison

GG20 Stock Overview

Rewards

Risk Analysis

Labyrinth Resources Limited Competitors

DB:02P

€7.8m

DB:PNX

€1.9m

DB:W2C

€12.0m

DB:3330

€1.6m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Carey Group Holdings Pty Ltd and Erasano DMCC has entered into a Sale and Purchase Agreement to acquire Labyrinth and Denain gold projects in the Abitibi region of Quebec, Canada from Labyrinth Resources Limited (ASX:LRL) for $3.7 million.

Labyrinth Resources Limited, Annual General Meeting, Nov 27, 2023

Labyrinth Resources Limited Advises Stepping Up A "Back-To-Basics" Exploration Program At Its Comet Vale Gold Project in WA

Less than half of directors are independent

Labyrinth Resources Limited Announces Outstanding Metallurgical Results from Its Comprehensive Testwork

Recent updates

New major risk - Financial position

Carey Group Holdings Pty Ltd and Erasano DMCC has entered into a Sale and Purchase Agreement to acquire Labyrinth and Denain gold projects in the Abitibi region of Quebec, Canada from Labyrinth Resources Limited (ASX:LRL) for $3.7 million.

Labyrinth Resources Limited, Annual General Meeting, Nov 27, 2023

Labyrinth Resources Limited Advises Stepping Up A "Back-To-Basics" Exploration Program At Its Comet Vale Gold Project in WA

Less than half of directors are independent

Labyrinth Resources Limited Announces Outstanding Metallurgical Results from Its Comprehensive Testwork

Labyrinth Resources Limited Announces Outstanding Metallurgical Results

Labyrinth Resources Ordinary Shares to Be Deleted from OTC Equity

Labyrinth Resources Limited, Annual General Meeting, Nov 29, 2022

Labyrinth Resources Limited Announces Maiden Mineral Resource Estimate

Black Mountain Gold Limited completed the acquisition of remaining 50% stake in Penny's Find Gold Mine from Labyrinth Resources Limited.

Labyrinth Resources Limited Announces Drilling Results of the Known Mineralisation at its Labyrinth Gold Project

Labyrinth Resources Limited Announces That Assays Received for the First Three Holes of the Maiden Surface Exploration Program At Its Flagship Labyrinth Gold Project in Quebec, Canada

Labyrinth Resources Limited Announces First Hole of the 3,000M Maiden Surface Exploration Program At Its Labyrinth Gold Project in Quebec, Canada

Labyrinth Resources Announces More High-Grade Assays Which Further Underpin the Upcoming Conversion of the 479,000Oz Foreign Estimate to Maiden JORC Resource at its Labyrinth Gold Project in Quebec, Canada

Labyrinth Resources Limited Announces Maiden Underground Drilling Program At Labyrinth

High number of new and inexperienced directors

Labyrinth Resources Limited Announces High Grade Results Received At Labyrinth Gold Project

Labyrinth Resources Limited Announces Drilling Continues to Generate Highly Encouraging Results as Part of Strategy for Maiden Jorc Resource

Labyrinth Resources Limited (ASX:LRL) entered into an agreement to acquire 7 Mining Claims Located in Ontario for CAD 0.01.

Labyrinth Resources Limited Announces Drilling Underway at Labyrinth Gold Project

High number of new and inexperienced directors

Black Mountain Gold Limited entered into a binding sale agreement to acquire remaining 50% stake in Penny's Find Gold Mine from Labyrinth Resources Limited (ASX:LRL) for AUD 1.25 million.

High number of new and inexperienced directors

Labyrinth Resources Limited Announces Some Outstanding Initial Results from the Maiden Diamond Drilling Program At the High-Grade Denain Gold Project

Orminex Limited announced that it expects to receive AUD 8 million in funding from PT Amman Mineral Internasional and other investors

Non-Executive Director Wayne McGrath has left the company

Insider recently sold €281k worth of stock

Orminex Limited Appoints Matthew Nixon as Chief Operating Officer, Effective 8 February 2021

Orminex Limited Enters Development Joint Venture for Penny's Find Underground Gold Project

Black Mountain Gold Limited entered into a binding joint venture term sheet to acquire 50% stake in Penny's Find Gold Mine from Orminex Limited (ASX:ONX) for AUD 1.5 million.

Orminex Limited Auditor Raises 'Going Concern' Doubt

Full year earnings released - €0.0011 loss per share

Orminex Limited (ASX:ONX) entered into binding framework letter to acquire economic interests in all or substantial part of epithermal gold project asset in Indonesia from Pt Amman Mineral Internasional.

Shareholder Returns

Price Volatility

About the Company

Labyrinth Resources Limited Fundamentals Summary

0.0x

-1.1x

Earnings & Revenue