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Lexington Gold
(LSE:LEX)
Lexington Gold (LEX) vs. iShares MSCI United Kingdom ETF (EWC)
Lexington Gold Business Overview & Revenue Model
Lexington Gold Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -961.00K | -833.00K | 0.00 | -708.00K | -1.02M | -674.00K |
| Net Income | -408.00K | -567.00K | 50.00K | -924.00K | -1.02M | -712.00K |
Balance Sheet | ||||||
| Total Assets | 16.90M | 16.44M | 18.23M | 5.05M | 4.76M | 5.45M |
| Cash, Cash Equivalents and Short-Term Investments | 662.00K | 855.00K | 2.62M | 424.00K | 953.00K | 2.90M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 593.00K | 727.00K | 1.06M | 95.00K | 106.00K | 94.00K |
| Stockholders Equity | 14.70M | 13.96M | 14.53M | 3.99M | 3.69M | 4.38M |
Cash Flow | ||||||
| Free Cash Flow | -1.67K | -1.82M | -1.22M | -1.48M | -1.94M | -784.00K |
| Operating Cash Flow | -1.08K | -935.00K | -729.00K | -684.00K | -678.00K | -266.00K |
| Investing Cash Flow | -599.00 | -895.00K | -780.00K | -792.00K | -1.26M | -683.00K |
| Financing Cash Flow | 682.00 | 0.00 | 3.79M | 969.00K | 0.00 | 3.84M |
Lexington Gold Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | £15.35M | -3.27 | -17.24% | ― | ― | ― | |
54 Neutral | £11.60M | -1.51 | -10.29% | ― | ― | ― | |
51 Neutral | £10.20M | 5.22 | -2.46% | ― | ― | ― | |
48 Neutral | £13.45M | -163.55 | -14.14% | ― | ― | ― | |
45 Neutral | £8.39M | -3.75 | -24.33% | ― | ― | ― | |
44 Neutral | £17.30M | -46.64 | -4.26% | ― | ― | ― |
Lexington Gold Corporate Events
Lexington Gold has scheduled its Annual General Meeting for 10:00 a.m. Bermuda time on 30 March 2026 at its registered office in Hamilton, Bermuda. The formal AGM notice and explanatory memorandum are being mailed to shareholders and will be made available on the company’s website, underscoring ongoing corporate governance processes and engagement with investors.
The meeting will provide shareholders with an opportunity to review the company’s progress across its U.S. and South African gold assets and to vote on routine corporate matters. The announcement signals continuity in Lexington Gold’s operational oversight as it advances its exploration and development portfolio in key gold-producing jurisdictions.
The most recent analyst rating on (GB:LEX) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Lexington Gold stock, see the GB:LEX Stock Forecast page.
Lexington Gold has received an advanced draft of a comprehensive 320-page technical study from Bara Consulting for the Jelani Resources joint venture project with Harmony Gold in South Africa, confirming robust geological and technical fundamentals and identifying potential operational synergies with Harmony’s adjacent Target mine. On the back of these findings, Jelani has started the formal Mining Right application process under South Africa’s MPRDA, with environmental, social, heritage and baseline studies underway and submission targeted for the second quarter of 2026. The Jelani tenement, which carries a JORC-compliant resource of about 6.02 million ounces of gold at 6.47 g/t, is viewed as a cornerstone asset in Lexington Gold’s South African portfolio, and the move towards securing a Mining Right marks a key transition from exploration to pre-development that could enhance the project’s commercialisation prospects and reinforce the company’s position in the region’s gold sector, subject to Harmony’s ongoing internal review and approvals.
The most recent analyst rating on (GB:LEX) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Lexington Gold stock, see the GB:LEX Stock Forecast page.
Lexington Gold has raised £1.19m through a placing and subscription of 29.75 million new shares at 4 pence each, alongside the conversion of £356,322 of unsecured convertible loans (including interest) from a major shareholder and three directors into 8.9 million new shares on the same terms, in a move designed to conserve working capital and strengthen its balance sheet. The net proceeds, supported by participation from existing and new investors including cornerstone US institutions and major shareholder Orasa Chiaratanasen, will fund progress on the Jelani joint venture and its updated Bara Consulting study, targeted drilling on priority projects in South Africa, evaluation of strategic options for the company’s US assets, and general working capital, while the associated share and warrant issuance modestly dilutes existing holders but provides additional growth capital and clarifies the company’s capital structure.
The most recent analyst rating on (GB:LEX) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Lexington Gold stock, see the GB:LEX Stock Forecast page.
Lexington Gold has reported a 53% increase in the JORC-compliant Inferred Mineral Resource at its Jones Keystone-Loflin (JKL) Project in North Carolina, taking the total to 12.9Mt at 0.78 g/t gold for 323,500 ounces, following updated independent estimates by Pivot Mining Consultants. The upgrade, driven in part by lower cut-off grades and revised economic assumptions, materially strengthens the project’s technical and strategic profile, with management highlighting its relevance for potential partnering or disposal discussions, while noting that mineralisation at both Jones Keystone and Loflin remains open and could be further expanded through additional drilling.
The most recent analyst rating on (GB:LEX) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Lexington Gold stock, see the GB:LEX Stock Forecast page.