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Luminex Resources

OTCPK:LUMI.F
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LUMI.F
OTCPK
CA$29M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Luminex Resources Corp. acquires, explores for, and develops mineral resources. The last earnings update was 3 days ago. More info.


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LUMI.F Share Price and Events
7 Day Returns
2.4%
OTCPK:LUMI.F
-1.2%
US Metals and Mining
0.2%
US Market
1 Year Returns
-
OTCPK:LUMI.F
-24.1%
US Metals and Mining
6.3%
US Market
LUMI.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Luminex Resources (LUMI.F) 2.4% -3.1% 1.9% - - -
US Metals and Mining -1.2% 0.4% 6.4% -24.1% 16.3% -12.3%
US Market 0.2% 2.1% 8.5% 6.3% 37.9% 45.7%
1 Year Return vs Industry and Market
  • No trading data on LUMI.F.
  • No trading data on LUMI.F.
Price Volatility
Industry
5yr Volatility vs Market

LUMI.F Value

 Is Luminex Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Luminex Resources. This is due to cash flow or dividend data being unavailable. The share price is $0.52.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Luminex Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Luminex Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:LUMI.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-1.33
TSXV:LR Share Price ** TSXV (2019-04-16) in CAD CA$0.7
TSXV:LR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.52
United States of America Metals and Mining Industry PE Ratio Median Figure of 43 Publicly-Listed Metals and Mining Companies 8.83x
United States of America Market PE Ratio Median Figure of 3,081 Publicly-Listed Companies 18.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Luminex Resources.

OTCPK:LUMI.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:LR Share Price ÷ EPS (both in USD)

= 0.52 ÷ -1.33

-0.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Luminex Resources is loss making, we can't compare its value to the US Metals and Mining industry average.
  • Luminex Resources is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Luminex Resources's expected growth come at a high price?
Raw Data
OTCPK:LUMI.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Metals and Mining Industry PEG Ratio Median Figure of 23 Publicly-Listed Metals and Mining Companies 0.68x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Luminex Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Luminex Resources's assets?
Raw Data
OTCPK:LUMI.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.69
TSXV:LR Share Price * TSXV (2019-04-16) in CAD CA$0.7
TSXV:LR Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.52
United States of America Metals and Mining Industry PB Ratio Median Figure of 101 Publicly-Listed Metals and Mining Companies 1.44x
United States of America Market PB Ratio Median Figure of 5,178 Publicly-Listed Companies 1.91x
OTCPK:LUMI.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:LR Share Price ÷ Book Value per Share (both in USD)

= 0.52 ÷ 0.69

0.76x

* Primary Listing of Luminex Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Luminex Resources is good value based on assets compared to the US Metals and Mining industry average.
X
Value checks
We assess Luminex Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Luminex Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LUMI.F Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Luminex Resources expected to grow at an attractive rate?
  • Unable to compare Luminex Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Luminex Resources's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Luminex Resources's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:LUMI.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:LUMI.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:LUMI.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 -4 -23
2018-09-30 -3 -19
2018-06-30 -7 -8
2018-03-31 -8 -8
2017-12-31 -7 -7
2016-12-31 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Luminex Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Luminex Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:LUMI.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Luminex Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LUMI.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -1.33
2018-09-30 -0.47
2018-06-30
2018-03-31
2017-12-31
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Luminex Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Luminex Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. 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.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Luminex Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Luminex Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LUMI.F Past Performance

  How has Luminex Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Luminex Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Luminex Resources does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Luminex Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Luminex Resources's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Luminex Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Luminex Resources Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LUMI.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -23.18 4.12
2018-09-30 -19.25 3.36
2018-06-30 -7.53 8.01
2018-03-31 -8.18 8.50
2017-12-31 -7.21 7.47
2016-12-31 -4.97 5.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Luminex Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Luminex Resources has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Luminex Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Luminex Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Luminex Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LUMI.F Health

 How is Luminex Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Luminex Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Luminex Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Luminex Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Luminex Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Luminex Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Luminex Resources Company Filings, last reported 3 months ago.

OTCPK:LUMI.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 37.06 0.00 3.38
2018-09-30 38.71 0.00 5.02
2018-06-30 51.10 0.00 0.27
2018-03-31 48.32 0.00 0.34
2017-12-31 48.38 0.00 0.47
2016-12-31 48.04 0.00 0.18
  • Luminex Resources has no debt.
  • Luminex Resources has not taken on any debt in the past 5 years.
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.

  • Luminex Resources has less than a year of cash runway based on current free cash flow.
  • Luminex Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.5% each year.
X
Financial health checks
We assess Luminex Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Luminex Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LUMI.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Luminex Resources dividends.
If you bought $2,000 of Luminex Resources shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Luminex Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Luminex Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:LUMI.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Luminex Resources has not reported any payouts.
  • Unable to verify if Luminex Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Luminex Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Luminex Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Luminex Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Luminex Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Luminex Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LUMI.F Management

 What is the CEO of Luminex Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marshall Koval
AGE 60
CEO Bio

Mr. Marshall A. Koval, P.G.,serves as Chief Executive Officer and Director at Luminex Resources Corp. Mr. Koval has been the Chief Executive Officer, President and Director at Lumina Gold Corp. since July 2014. Mr. Koval serves as the Chief Executive Officer at Odin Mining & Exploration Ltd. since July 22, 2014 and has been its President since July 22, 2014. Mr. Koval has been the Chief Executive Officer of Anfield Gold Corp. since August 18, 2009 and served as its President. Mr. Koval has over 27 years of executive management, corporate development, finance, engineering, geology and environmental experience. He serves as Executive Officer of James C. Herrmann & Associates, Ltd. Mr. Koval served as Vice President of Corporate Development at Lumina Copper Corp. since January 2009. He served as the Chief Executive Officer of Northern Peru Copper Corp. and also served as its President since May 9, 2005. At the US Department of Energy's Hanford Nuclear Reservation, Mr. Koval served as Senior Scientist for 2 years, where he worked on a broad range of projects including, BWIP nuclear waste repository project, RCRA/CERCLA characterization and remediation projects and closure and post-closure designs for a radioactive and mixed waste landfill. Previously, he served as President of Pincock Allen & Holt and Northwest Mining Association and has also served in various positions for mining and consulting companies including Golder Associates, BHP/Utah International, Inco, Meridian Minerals and Inspiration Consolidated Copper. His experience ranges from mineral exploration, feasibility study and permitting, to finance, mine development, operation and closure. His recent focus has been providing management consulting support on M&A, privatization and stock listing projects. Environmental work includes, advising mining companies and banks on environmental management, permitting and compliance, remediation and closure. He has worked extensively in both North and South America, Europe and Australia. On over 100 projects, Mr. Koval has advised corporate officers on the extent of existing environmental liabilities, the potential risk for future releases and liabilities, control strategies, appropriate remedial and treatment technologies, corrective action plans and cost-effective solutions for industrial facilities in development, operation and closure stages. He has been Chairman of Anfield Nickel Corp. since May 10, 2016. In addition, Mr. Koval has managed 20 hydrogeologic and geochemical characterization studies at mining and hazardous waste sites. He has been a Director at Equinox Gold Corp. (formerly, Trek Mining Inc.) since December 22, 2017. He has been a Director of Anfield Nickel Corp. (formerly Anfield Ventures Inc.) since April 7, 2009. He has been a Director of Odin Mining & Exploration Ltd. since July 22, 2014. He served as a Director of Northern Peru Copper Corp. since May 10, 2006. Mr. Koval is a graduate of the University of Missouri with a B.Sc. in Geology and is a registered P. Geo, of Washington and North Carolina.

CEO Compensation
  • Insufficient data for Marshall to compare compensation growth.
  • Insufficient data for Marshall to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Marshall Koval

TITLE
CEO & Director
AGE
60

Diego Benalcazar

TITLE
President

Martin Raymond Rip

TITLE
Chief Financial Officer
AGE
43

Lyle Braaten

TITLE
Vice President Legal Counsel
AGE
54

Scott Victor Hicks

TITLE
VP of Corporate Development & Communications

Leo Hathaway

TITLE
Senior Vice President of Exploration
AGE
49
Board of Directors

Marshall Koval

TITLE
CEO & Director
AGE
60

Lyle Braaten

TITLE
Vice President Legal Counsel
AGE
54

David Farrell

TITLE
Director
AGE
49

Don Shumka

TITLE
Director
AGE
75

John Wright

TITLE
Director
AGE
65
Who owns this company?
Recent Insider Trading
  • Luminex Resources insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Feb 19 Sell Lyle Braaten Individual 22. Feb 19 22. Feb 19 -200,000 $0.62 $-124,000
26. Nov 18 Buy John Wright Individual 21. Nov 18 21. Nov 18 10,500 $0.55 $5,775
21. Nov 18 Buy John Wright Individual 19. Nov 18 20. Nov 18 10,500 $0.56 $5,750
18. Sep 18 Buy Scott Victor Hicks Individual 18. Sep 18 18. Sep 18 2,162 $0.60 $1,297
14. Sep 18 Buy Scott Victor Hicks Individual 14. Sep 18 14. Sep 18 3,000 $0.77 $2,300
07. Sep 18 Buy Scott Victor Hicks Individual 05. Sep 18 05. Sep 18 2,000 $0.90 $1,800
X
Management checks
We assess Luminex Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Luminex Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LUMI.F News

Simply Wall St News

LUMI.F Company Info

Description

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.

Details
Name: Luminex Resources Corp.
LUMI.F
Exchange: OTCPK
Founded: 2018
CA$21,470,634
41,071,484
Website: http://www.luminexresources.com
Address: Luminex Resources Corp.
625 Howe Street,
Suite 410,
Vancouver,
British Columbia, V6C 2T6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LR Common Shares TSX Venture Exchange CA CAD 05. Sep 2018
OTCPK LUMI.F Common Shares Pink Sheets LLC US USD 05. Sep 2018
Number of employees
Current staff
Staff numbers
0
Luminex Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 00:46
End of day share price update: 2019/04/16 00:00
Last earnings filing: 2019/04/17
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.