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Lomiko Metals ( (TSE:LMR) ) has shared an announcement.
Lomiko Metals Inc. has closed a non-brokered flow-through private placement raising $300,000 through the issuance of 2.5 million flow-through common shares at $0.12 each, alongside finder’s fees of $21,000 and 175,000 finder’s warrants exercisable at the same price for two years, with all securities subject to a standard four-month-plus-one-day hold period. Management said the proceeds will fund key strategic initiatives, including bulk sampling and anode piloting at the flagship La Loutre graphite project in Quebec, further regional graphite exploration within the province, and exploration at the Yellow Fox antimony-gold prospect in Newfoundland, moves that support the company’s efforts to advance its graphite development pipeline and diversify its critical minerals portfolio.
The most recent analyst rating on (TSE:LMR) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Lomiko Metals stock, see the TSE:LMR Stock Forecast page.
Spark’s Take on TSE:LMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LMR is a Neutral.
The score is held down primarily by a pre-revenue, loss-making profile with recurring cash burn and a 2025 setback, alongside a technically weak price trend (below key moving averages with negative MACD). Offsetting factors include a debt-free balance sheet and positive corporate updates (project advancement and recent financings), but valuation support is limited due to negative earnings and no dividend data.
To see Spark’s full report on TSE:LMR stock, click here.
More about Lomiko Metals
Lomiko Metals Inc. is a Canadian mineral exploration and development company focused primarily on its La Loutre graphite project in southern Quebec, located within the Kitigan Zibi Anishinabeg First Nation’s traditional territory. The project comprises 76 mineral claims over 4,528 hectares and hosts an updated NI 43-101 mineral resource estimate outlining significant indicated and inferred graphite resources, positioning La Loutre as a potential future supplier to graphite and battery materials markets. Lomiko also holds interests in seven early-stage exploration projects in the Laurentian region of Quebec, as well as the Yellow Fox antimony-gold-silver exploration property in Newfoundland, situated along the trend of the past-producing Beaver Brook antimony mine.
Average Trading Volume: 111,884
Technical Sentiment Signal: Sell
Current Market Cap: C$7.01M
For a thorough assessment of LMR stock, go to TipRanks’ Stock Analysis page.