OTCPK:LUMI.F

Stock Analysis Report

Executive Summary

Luminex Resources Corp. acquires, explores for, and develops mineral resources.


Snowflake Analysis

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.


Market Performance


7 Day Return

-9.9%

LUMI.F

-9.4%

US Metals and Mining

-10.6%

US Market


1 Year Return

8.4%

LUMI.F

-9.1%

US Metals and Mining

5.2%

US Market

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.


Shareholder returns

LUMI.FIndustryMarket
7 Day-9.9%-9.4%-10.6%
30 Day1.5%-8.7%-8.5%
90 Day-2.0%-9.8%-4.6%
1 Year8.4%8.4%-6.7%-9.1%7.4%5.2%
3 Yearn/a-9.0%-13.9%31.7%23.2%
5 Yearn/a14.0%5.1%56.4%39.3%

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

Valuation

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

0.74x

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).


Next Steps

Future Growth

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

12.1%

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.


Next Steps

Past Performance

How has Luminex Resources performed over the past 5 years?

44.4%

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


Next Steps

  • Explore strong past performing companies in the Materials industry.

Financial Health

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.


Balance Sheet

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage2.9%forecastin3Yearsn/a

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.


Next Steps

Management

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

1.5yrs

Average board tenure


CEO

Marshall Koval (61yo)

US$131,452

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Marshall Koval
CEO & Director0yrsUS$131.45k2.91% $1.0m
Lyle Braaten
VP, Legal Counsel1.9yrsUS$100.42k1.04% $369.9k
John Wright
Independent Director1.5yrsUS$54.54k0.45% $161.4k
David Farrell
Independent Director3.5yrsUS$54.54k0.31% $109.2k
Donald Shumka
Independent Director1.5yrsUS$54.54k0.32% $113.4k

1.5yrs

Average Tenure

61yo

Average Age

Experienced Board: LUMI.F's board of directors are not considered experienced ( 1.5 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: LUMI.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.6%.


Top Shareholders

Company Information

Luminex Resources Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Luminex Resources Corp.
  • 625 Howe Street
  • Suite 410
  • Vancouver
  • British Columbia
  • V6C 2T6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LRTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2018
LUMI.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2018

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 02:35
End of Day Share Price2020/02/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.