Luminex Resources Corp. acquires, explores for, and develops mineral resources.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Luminex Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LUMI.F's share price has been volatile over the past 3 months.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: LUMI.F exceeded the US Metals and Mining industry which returned -9.1% over the past year.
Return vs Market: LUMI.F exceeded the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is Luminex Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Luminex Resources 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 LUMI.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LUMI.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LUMI.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LUMI.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LUMI.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LUMI.F is good value based on its PB Ratio (0.7x) compared to the US Metals and Mining industry average (1.4x).
How is Luminex Resources 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 Luminex 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.
- Examine Luminex Resources'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.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Luminex Resources's filings and announcements here.
- Explore growth companies in the Materials industry.
How has Luminex Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: LUMI.F is currently unprofitable.
Growing Profit Margin: LUMI.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if LUMI.F's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare LUMI.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LUMI.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-32.4%).
Return on Equity
High ROE: LUMI.F has a negative Return on Equity (-30.47%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Luminex Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LUMI.F's short term assets ($5.4M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: LUMI.F's short term assets ($5.4M) exceed its long term liabilities ($41.9K).
Debt to Equity History and Analysis
Debt Level: LUMI.F is debt free.
Reducing Debt: LUMI.F has not had any debt for past 5 years.
Inventory Level: LUMI.F has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LUMI.F'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: LUMI.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LUMI.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.1% each year
What is Luminex Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LUMI.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LUMI.F'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 LUMI.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LUMI.F'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 LUMI.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board 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 ($USD98.38K) is below average for companies of similar size in the US market ($USD535.60K).
Compensation vs Earnings: Insufficient data to compare Marshall's compensation with company performance.
|CEO & Director||0yrs||US$131.45k||2.91% $1.0m|
|VP, Legal Counsel||1.9yrs||US$100.42k||1.04% $369.9k|
|Independent Director||1.5yrs||US$54.54k||0.45% $161.4k|
|Independent Director||3.5yrs||US$54.54k||0.31% $109.2k|
|Independent Director||1.5yrs||US$54.54k||0.32% $113.4k|
Experienced Board: LUMI.F's board of directors are not considered experienced ( 1.5 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: LUMI.F 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 11.6%.
Luminex Resources Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Luminex Resources Corp.
- Ticker: LUMI.F
- Exchange: OTCPK
- Founded: 2018
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$47.659m
- Listing Market Cap: CA$35.667m
- Shares outstanding: 72.21m
- Website: https://www.luminexresources.com
- Luminex Resources Corp.
- 625 Howe Street
- Suite 410
- British Columbia
- V6C 2T6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 2018|
|LUMI.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 2018|
Luminex Resources Corp. acquires, explores for, and develops mineral resources. The company explores for gold, copper, and other metal deposits. The company owns interest in the Condor project that consists of nine mineral concessions covering an area of 10,101 hectares located in Zamora-Chinchipe Province, southeast Ecuador. It also holds Orquideas, Cascas, Pegasus A&B, and other early-stage exploration concessions in Ecuador. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 02:35|
|End of Day Share Price||2020/02/27 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.