Lefroy Exploration Ltd. (LEX) AI Stock Analysis

• Market Cap: AU$24.84M
• Dividend Yield: N/A
• Average Volume (3M): 595.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.67
• Revenue Growth: N/A
• EPS Growth: 8.16%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 248,420,140
• 10 Day Avg. Volume: 472,400
• 30 Day Avg. Volume: 595,906
• PEG Ratio: 0.41
• Price to Book (P/B): 2.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 43 Neutral
• Price Target: ―

Lefroy Exploration Ltd.'s overall stock score reflects significant financial challenges, including consistent losses and no revenue generation. While the balance sheet is stable with low debt, persistent negative cash flows are concerning. Technical indicators show mixed signals, but valuation remains unattractive with a negative P/E ratio.

Lefroy Exploration Ltd. Business Overview & Revenue Model

Company Description

Lefroy Exploration Limited engages in the exploration and evaluation of mineral properties in Western Australia. The company explores for gold, copper, and nickel deposits. Its flagship project is the 100% owned Lefroy Gold project that covers an area of approximately 607 square kilometers located to the southeast of Kalgoorlie. The company was formerly known as U.S. Masters Holdings Limited and changed its name to Lefroy Exploration Limited in September 2016. Lefroy Exploration Limited was incorporated in 1990 and is headquartered in Road Town, British Virgin Islands.

How the Company Makes Money

Lefroy Exploration Ltd. generates revenue primarily through the exploration and potential development of mineral resources, with a focus on gold and base metals in Western Australia. The company's primary revenue streams include joint ventures and partnerships with other mining companies who might provide funding in exchange for a stake in future discoveries. Additionally, LEX may earn income through the sale or optioning of its exploration projects to larger mining firms interested in further development. The company may also benefit from government grants or incentives for mineral exploration, which can reduce operational costs and enhance profitability.

Lefroy Exploration Ltd. Financial Statement Overview

Summary

Lefroy Exploration Ltd. faces significant financial challenges with no revenue and consistent losses. The balance sheet is relatively stable with low leverage, but negative cash flows and lack of profitability present substantial risks.

Income Statement

Lefroy Exploration Ltd. has consistently reported zero revenue in recent years, with significant negative net income, indicating ongoing operational challenges. The absence of revenue growth and negative profit margins reflect a weak income statement performance.

Balance Sheet

The balance sheet shows a relatively strong equity position with low debt levels, resulting in a favorable debt-to-equity ratio. However, the low asset turnover and ongoing losses diminish the overall strength, though the company maintains adequate liquidity with a positive net debt position.

Cash Flow

The company faces negative operating and free cash flows, indicating ongoing cash burn. While there is evidence of financing activities to support operations, the cash flow situation remains a critical concern with no signs of improvement in operating cash flows.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	1.00K	0.00	0.00	10.00K	0.00	0.00
Gross Profit	-85.00K	-97.00K	-81.00K	-57.00K	0.00	-26.00K
EBITDA	-2.75M	-3.08M	-2.91M	-2.31M	-1.15M	-655.00K
Net Income	-3.58M	-3.19M	-3.00M	-2.38M	-1.13M	-379.00K
Balance Sheet
Total Assets	26.18M	24.99M	21.37M	20.44M	15.29M	11.69M
Cash, Cash Equivalents and Short-Term Investments	2.75M	1.35M	442.00K	4.25M	3.35M	1.30M
Total Debt	142.00K	175.00K	236.00K	295.00K	0.00	0.00
Total Liabilities	731.00K	973.00K	1.25M	1.44M	601.00K	453.00K
Stockholders Equity	25.45M	24.02M	20.13M	19.00M	14.68M	11.23M
Cash Flow
Free Cash Flow	-3.64M	-5.88M	-7.07M	-5.62M	-3.84M	-2.97M
Operating Cash Flow	-2.22M	-2.83M	-1.83M	-1.67M	-986.00K	-465.00K
Investing Cash Flow	-2.00M	-2.10M	-5.24M	-3.39M	-1.05M	-2.52M
Financing Cash Flow	2.75M	5.84M	3.26M	5.95M	4.48M	3.52M

Lefroy Exploration Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LEX, the sentiment is Positive. The current price of 0.11 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.09, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 65.97 is Neutral, neither overbought nor oversold. The STOCH value of 22.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:LEX.

Lefroy Exploration Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	44 Neutral	C$979.74M	-6.70	-13.35%	2.68%	17.20%	-32.62%
LEX	43 Neutral	AU$24.84M	―	-14.26%	―	―	8.16%
58M		€14.23M	―		―	―	―
G6M		AU$25.10M	―		―	―	―
WAK	43 Neutral	AU$27.93M	―	-139.33%	―	65.38%	-46.00%
WCE	34 Underperform	AU$20.29M	―	-132.46%	―	―	-4.09%
GEN		AU$23.07M	―	-38.00%	―	―	―

Lefroy Exploration Ltd. Corporate Events

Lefroy Exploration Enters Profit-Sharing Agreement for Lucky Strike Gold Project

Lefroy Exploration Limited has entered into a profit-sharing mining agreement with BML Ventures Pty Ltd for the Lucky Strike Gold Project, which is located southeast of Kalgoorlie. This agreement allows BML to manage and fund all mining activities, with net profits to be shared equally between the two companies. The agreement aims to accelerate the development of the Lucky Strike Project, with mining operations expected to commence in the latter half of 2025.

Lefroy Exploration Reports Quarterly Cash Flow and Financing Activities

Lefroy Exploration Limited’s quarterly cash flow report for the period ending March 31, 2025, reveals a net cash outflow from operating activities of $296,000 and a net cash outflow from investing activities of $339,000. Despite these outflows, the company raised $504,000 from equity securities, offset by transaction costs, resulting in a net cash inflow from financing activities of $294,000. This financial activity indicates a strategic focus on securing funds to support ongoing exploration and evaluation efforts, potentially impacting the company’s future growth and stakeholder interests.

Lefroy Exploration Ltd. Targets Gold Production in 2025

Lefroy Exploration Ltd. has announced its target for gold production in the calendar year 2025. This strategic move is expected to enhance the company’s operational capabilities and market positioning in the mining exploration industry, potentially impacting stakeholders by advancing towards production and possibly increasing shareholder value.

Lefroy Exploration Advances Lucky Strike Project with Promising Drilling Results

Lefroy Exploration Ltd. has successfully completed its resource infill and extensional drilling program at the Lucky Strike Gold Project, achieving key goals ahead of schedule and under budget. The drilling results indicate significant growth potential outside the current resource model, with numerous intersections of gold mineralization. The company is now moving forward with final pit optimizations, mine plan designs, and securing key operational partners, positioning itself for the commencement of operations at Lucky Strike.

Lefroy Exploration Ltd. Releases Half-Year Financial Report

Lefroy Exploration Ltd. has released its financial report for the half-year ending December 31, 2024. The report includes comprehensive financial statements such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows, alongside notes to the financial statements and an independent auditor’s review. This release provides stakeholders with insights into the company’s financial health and operational performance over the period.

Lefroy Exploration Commences Drilling at Lucky Strike Gold Project

Lefroy Exploration Ltd. has initiated a 3000-meter reverse circulation drilling program at its Lucky Strike Gold Project to refine and extend the gold resource model. This effort is part of a profit-sharing agreement with BML Ventures Pty Ltd, aimed at advancing mine planning and optimizing pit shell designs. The drilling outcomes will support the submission of a Clearing Permit Application in April, with the goal of commencing mining operations in the second half of 2025. The program targets shallow mineralization within 50 meters of the surface, focusing on high-grade zones around tight folds in the banded iron formation.

Lefroy Exploration’s Director Increases Shareholding

Lefroy Exploration Limited announced a change in the director’s interest, with David Kelly acquiring 571,430 fully paid ordinary shares via a shareholder-approved placement. This change highlights a significant increase in Kelly’s holdings, indicating confidence in the company’s future prospects and potentially impacting stakeholder perceptions.

Lefroy Exploration Expands Market Footprint with New Securities Quotation

Lefroy Exploration Limited has announced the quotation of 3,857,145 fully paid ordinary securities on the Australian Securities Exchange (ASX), as part of a previously disclosed transaction. This issuance is expected to enhance the company’s market presence and provide additional capital for ongoing exploration activities, potentially benefiting stakeholders by increasing the company’s operational capabilities.