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LND

Landore ResourcesAIM:LND Stock Report

Market Cap

UK£27.2m

7D

-11.2%

1Y

33.8%

Updated

26 Nov, 2021

Data

Company Financials +
LND fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LND Stock Overview

Landore Resources Limited, through its subsidiary, Landore Resources Canada Inc., acquires, explores for, and develops precious and base metal projects in eastern Canada.

Price History & Performance

Summary of all time highs, changes and price drops for Landore Resources
Historical stock prices
Current Share PriceUK£0.26
52 Week HighUK£0.43
52 Week LowUK£0.19
Beta0.64
1 Month Change13.19%
3 Month Change-1.34%
1 Year Change33.77%
3 Year Change22.62%
5 Year Change-57.79%
Change since IPO-82.83%

Recent News & Updates

Oct 19
Companies Like Landore Resources (LON:LND) Could Be Quite Risky

Companies Like Landore Resources (LON:LND) Could Be Quite Risky

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

LNDGB Metals and MiningGB Market
7D-11.2%-3.4%-3.0%
1Y33.8%9.4%11.7%

Return vs Industry: LND exceeded the UK Metals and Mining industry which returned 14.6% over the past year.

Return vs Market: LND exceeded the UK Market which returned 17.9% over the past year.

Price Volatility

Is LND's price volatile compared to industry and market?
LND volatility
LND Average Weekly Movement10.5%
Metals and Mining Industry Average Movement7.1%
Market Average Movement4.8%
10% most volatile stocks in GB Market9.7%
10% least volatile stocks in GB Market2.5%

Stable Share Price: LND is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: LND's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
20051Bill Humphrieshttps://www.landore.com

Landore Resources Limited, through its subsidiary, Landore Resources Canada Inc., acquires, explores for, and develops precious and base metal projects in eastern Canada. It explores for nickel, copper, iron, cobalt, platinum, palladium, gold, and lithium deposits. The company holds 100% interest in Junior Lake property, which include 6 leases and 1,158 staked mining claims that cover an area of approximately 30,507 hectares located in the province of Ontario, Canada; Miminiska Lake property comprises 28 patented and 23 staked claims in southern block, and 570 staked claims in the northern block covering an area of approximately 5,494 hectares.

Landore Resources Fundamentals Summary

How do Landore Resources's earnings and revenue compare to its market cap?
LND fundamental statistics
Market CapUK£27.23m
Earnings (TTM)-UK£4.28m
Revenue (TTM)n/a

0.0x

P/S Ratio

-6.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LND income statement (TTM)
RevenueUK£0
Cost of RevenueUK£0
Gross ProfitUK£0
ExpensesUK£4.28m
Earnings-UK£4.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did LND perform over the long term?

See historical performance and comparison

Valuation

Is Landore Resources undervalued compared to its fair value and its price relative to the market?

11.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LND's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LND's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LND is unprofitable, so we can't compare its PE Ratio to the UK Metals and Mining industry average.

PE vs Market: LND is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LND's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LND is overvalued based on its PB Ratio (11.9x) compared to the GB Metals and Mining industry average (1.7x).


Future Growth

How is Landore Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-14.9%

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 Landore Resources 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.


Past Performance

How has Landore Resources performed over the past 5 years?

-8.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LND is currently unprofitable.

Growing Profit Margin: LND is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LND is unprofitable, and losses have increased over the past 5 years at a rate of 8.4% per year.

Accelerating Growth: Unable to compare LND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LND is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (150.4%).


Return on Equity

High ROE: LND has a negative Return on Equity (-186.94%), as it is currently unprofitable.


Financial Health

How is Landore Resources's financial position?


Financial Position Analysis

Short Term Liabilities: LND's short term assets (£2.5M) exceed its short term liabilities (£188.2K).

Long Term Liabilities: LND has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LND is debt free.

Reducing Debt: LND 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: LND has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: LND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.9% each year


Dividend

What is Landore Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LND'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 LND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LND'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 LND's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Bill Humphries (80 yo)

6.42yrs

Tenure

UK£241,848

Compensation

Mr. William H. Humphries, also known as Bill, has been the Chief Executive Officer of Landore Resources Ltd. since June 2015. Mr. Humphries serves as Managing Director of HPD Exploration PLC.Mr. Humphries...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD322.08K) is about average for companies of similar size in the UK market ($USD322.56K).

Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: LND's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: LND's board of directors are not considered experienced ( 1.8 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.6%.


Top Shareholders

Company Information

Landore Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Landore Resources Limited
  • Ticker: LND
  • Exchange: AIM
  • Founded: 2005
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: UK£27.232m
  • Shares outstanding: 105.76m
  • Website: https://www.landore.com

Number of Employees


Location

  • Landore Resources Limited
  • La Tonnelle House
  • Les Banques
  • Saint Sampson
  • GY1 3HS
  • Guernsey

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 21:19
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.