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Lefroy Exploration Ltd.
(Sydney:LEX)
Lefroy Exploration Ltd. (LEX) vs. iShares MSCI Australia ETF (EWA)
Lefroy Exploration Ltd. Business Overview & Revenue Model
Lefroy Exploration Ltd. Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 10.00K | 0.00 | 0.00 |
| Gross Profit | -97.00K | -81.00K | -57.00K | 0.00 | -26.00K |
| EBITDA | -3.08M | -2.91M | -2.31M | -1.15M | -655.00K |
| Net Income | -3.19M | -3.00M | -2.38M | -1.13M | -379.00K |
Balance Sheet | |||||
| Total Assets | 24.99M | 21.37M | 20.44M | 15.29M | 11.69M |
| Cash, Cash Equivalents and Short-Term Investments | 1.35M | 442.00K | 4.25M | 3.35M | 1.30M |
| Total Debt | 175.00K | 236.00K | 295.00K | 0.00 | 0.00 |
| Total Liabilities | 973.00K | 1.25M | 1.44M | 601.00K | 453.00K |
| Stockholders Equity | 24.02M | 20.13M | 19.00M | 14.68M | 11.23M |
Cash Flow | |||||
| Free Cash Flow | -5.88M | -7.07M | -5.62M | -3.84M | -2.97M |
| Operating Cash Flow | -2.83M | -1.83M | -1.67M | -986.00K | -465.00K |
| Investing Cash Flow | -2.10M | -5.24M | -3.39M | -1.05M | -2.52M |
| Financing Cash Flow | 5.84M | 3.26M | 5.95M | 4.48M | 3.52M |
Lefroy Exploration Ltd. Technical Analysis
Lefroy Exploration Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | HK$17.33B | 4.65 | -5.52% | 3.47% | -3.57% | -61.41% | |
43 Neutral | AU$34.78M | ― | -14.26% | ― | ― | 8.16% | |
| ― | €14.40M | ― | ― | ― | ― | ||
| ― | AU$25.10M | ― | ― | ― | ― | ||
43 Neutral | AU$27.93M | ― | -139.33% | ― | 65.38% | -46.00% | |
34 Underperform | AU$41.62M | ― | -132.46% | ― | ― | -4.09% | |
| ― | AU$21.29M | ― | -38.00% | ― | ― | ― |
Lefroy Exploration Ltd. Corporate Events
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 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. 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 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. 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 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 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 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.