Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.46K | 15.52K | 17.98K | 0.00 | 0.00 |
Gross Profit | ||||
1.46K | 332.00 | 8.69K | -8.45K | -19.16K |
EBIT | ||||
-612.36K | -3.69M | -4.30M | -5.19M | -3.70M |
EBITDA | ||||
-154.13K | -31.24M | -10.88M | -4.22M | -3.64M |
Net Income Common Stockholders | ||||
-1.37M | -31.26M | -10.89M | -5.31M | -3.72M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
2.78M | 3.72M | 8.40M | 19.25M | 7.81M |
Total Assets | ||||
16.61M | 17.83M | 36.55M | 45.64M | 28.04M |
Total Debt | ||||
0.00 | 0.00 | 0.00 | 0.00 | 50.00K |
Net Debt | ||||
-2.78M | -3.72M | -8.40M | -19.25M | -7.76M |
Total Liabilities | ||||
340.67K | 832.79K | 718.25K | 806.48K | 689.58K |
Stockholders Equity | ||||
16.27M | 17.00M | 35.83M | 44.83M | 27.35M |
Cash Flow | Free Cash Flow | |||
-2.85M | -9.54M | -12.22M | -11.62M | -7.29M |
Operating Cash Flow | ||||
-1.28M | -2.01M | -2.69M | -3.57M | -4.72M |
Investing Cash Flow | ||||
-1.56M | -7.48M | -9.32M | -8.04M | -3.23M |
Financing Cash Flow | ||||
1.92M | 4.86M | 1.06M | 23.06M | 15.66M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
80 Outperform | $3.14B | 8.88 | 26.42% | 2.21% | 54.37% | 310.22% | |
78 Outperform | $29.52B | 25.04 | 11.01% | 2.42% | 25.11% | 28.88% | |
76 Outperform | AU$3.65B | 25.49 | 13.42% | 0.89% | 11.93% | 22.74% | |
67 Neutral | $5.24B | 39.51 | 5.11% | ― | 42.05% | ― | |
56 Neutral | €601.05M | ― | -16.63% | ― | ― | 57.93% | |
51 Neutral | $2.03B | -1.27 | -21.09% | 4.14% | 2.90% | -30.49% | |
39 Underperform | AU$8.36M | ― | -8.25% | ― | ― | 95.83% |
LCL Resources has executed a Binding Share Purchase Option Agreement with Tiger Gold Corporation for the divestment of its Colombian projects, which include the Quinchia and Andes Gold Projects. The agreement, pending shareholder approval, will provide LCL with $7.5 million in staged payments, an additional $2.5 million upon the first gold pour, and a 1% net smelter royalty. This transaction allows Tiger to assume management of the Colombian projects, potentially leading to a public listing. Additionally, LCL announced a maiden Mineral Resource Estimate for the Kusi Gold Project in Papua New Guinea, reporting an inferred resource of 831,000 ounces of gold.
LCL Resources Limited has executed a $10 million cash option deal with Tiger Gold Corp for the sale of its Colombian assets, including the Andes and Quinchia Gold Projects. The agreement involves staged cash payments totaling $7.5 million within 12 months and an additional $2.5 million upon the first gold pour, along with a 1% net smelter royalty. This revised deal, which removes share consideration, provides LCL with immediate cash flow potential and reduces uncertainty for shareholders. The transaction is subject to shareholder approval, which the company recommends, to facilitate Tiger’s management of the assets and advance development plans.
LCL Resources Limited, a company listed on the Australian Securities Exchange, has announced its upcoming Annual General Meeting scheduled for May 30, 2025. The meeting will include the election of directors, with nominations closing on April 15, 2025. This announcement signifies an important opportunity for stakeholders to influence the company’s leadership and strategic direction.
LCL Resources Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, demonstrating a commitment to transparency and accountability in its management practices.
LCL Resources Limited, a public company based in Australia, has released its annual financial report for the year ending December 31, 2024. The report, which was authorized for issue on March 28, 2025, provides a comprehensive overview of the company’s financial performance, including consolidated statements of profit or loss, financial position, changes in equity, and cash flows. This release is crucial for stakeholders as it offers insights into the company’s financial health and operational efficiency over the past year.
LCL Resources Limited, listed on the ASX, has addressed an ASX query regarding its Colombian assets. The company clarified that the Binding Term Sheet for the sale of these assets, announced in December 2024, included exclusivity provisions, and that a competing offer was not viable. LCL emphasized its compliance with ASX Listing Rules and its commitment to shareholder interests.
LCL Resources Ltd has announced a maiden JORC Mineral Resource estimate for its 100% owned Ono Gold Project in PNG, with an inferred resource of 18.3 million tonnes at 1.42 grams per tonne of gold, totaling 831,000 ounces. This estimate, developed by WSP Australia, highlights the project’s geological potential, particularly around the Kusi skarn deposit. The company is planning further exploration, including potential use of 3D Induced Polarity to investigate deeper mineralization and is focused on expanding its copper-gold exploration efforts in PNG. This announcement aligns with their strategy to streamline operations and focus on high-potential assets, supported by shareholder backing.
LCL Resources Limited announced a trading halt on its securities pending the release of a significant announcement regarding a maiden resource estimate at its Kusi Project in Papua New Guinea. The halt will remain until the announcement is made or normal trading resumes, potentially impacting the company’s market positioning and stakeholder interests as it reveals new resource insights.
LCL Resources Limited, operating under the ticker ASX:LCL, held a general meeting of shareholders to vote on several resolutions concerning its business operations. The company is involved in the resource sector, focusing on managing and potentially selling its assets. In the meeting, Resolution 1, which proposed the sale of LCL’s Colombian assets to Tiger Gold Corporation, was not approved, meaning the company will not receive the $1 million tied to the option agreement with Tiger Gold Corporation. Resolutions 2 and 3 were carried, though specific details were not disclosed. The outcome impacts LCL’s strategic plans and financial expectations, and the company will engage with stakeholders to determine its next steps.
LCL Resources has responded to an online article regarding offers made for its Colombian gold assets. The company confirms it is committed to a previously announced agreement with Tiger Gold Corp for the sale of these assets, and has not engaged in negotiations with any other parties. The company recommends shareholders to vote in favor of the transaction at the upcoming general meeting.
LCL Resources has announced updates regarding its Share Purchase Option Agreement with Tiger Gold Corp for the sale of its Colombian assets. The company has met or waived key conditions related to the transaction, paving the way for Tiger Gold Corp to make an initial payment upon shareholder approval at an upcoming meeting.