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Leocor Gold (LECRF)
OTHER OTC:LECRF

Leocor Gold (LECRF) Price & Analysis

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LECRF Stock Chart & Stats

$0.05
<$0.01(4.57%)
At close: 4:00 PM EST
$0.05
<$0.01(4.57%)

Bulls Say, Bears Say

Bulls Say
Zero Reported DebtA debt-free balance sheet materially reduces financial risk for an exploration company; it preserves flexibility to raise project financing on non-debt terms, lowers fixed interest obligations, and improves the company's ability to negotiate joint ventures or option agreements without debt covenants constraining deals.
Positive Shareholders' Equity CushionDespite declines, an equity base of ~8.1M provides a solvency buffer and working capital to support near-term exploration programs. That tangible equity gives the company optionality to structure deals, absorb exploration setbacks, and pursue asset advancement before requiring immediate emergency financing.
Exploration Business Model With Clear Monetization PathThe firm's explicit model—fund exploration to create value and monetize through sales or JVs—is a structurally durable route in mining. Successful discoveries or well-staged drill results can unlock transformational value via farm-ins or asset sales to larger producers, providing high upside if exploration results validate targets.
Bears Say
Pre-revenue ProfileOperating without revenue means long-term value hinges entirely on exploration success rather than recurring operations. This structural lack of revenue sustains losses until a monetizable discovery or deal; it increases execution risk and makes financial resilience dependent on capital markets and deal-making ability.
Persistent Negative Operating And Free Cash FlowOngoing cash burn forces repeated capital raises or asset transactions to fund exploration. Persistent negative operating and free cash flows reduce runway, increase dilution risk, and constrain the company's ability to sustain multi-year drilling campaigns without dilutive financings or partner commitments.
Equity Erosion And Reliance On External FundingMaterial decline in equity signals cumulative losses and/or dilution from financing. Continued reliance on equity raises can erode existing shareholders' stakes and limit the company's ability to attract favorable partner terms, increasing the long-term cost of capital and pressuring returns if exploration outcomes are delayed or unsuccessful.

Leocor Gold News

LECRF FAQ

What was Leocor Gold’s price range in the past 12 months?
Leocor Gold lowest stock price was $0.02 and its highest was $0.07 in the past 12 months.
    What is Leocor Gold’s market cap?
    Leocor Gold’s market cap is $4.79M.
      When is Leocor Gold’s upcoming earnings report date?
      Leocor Gold’s upcoming earnings report date is Apr 01, 2026 which is in 24 days.
        How were Leocor Gold’s earnings last quarter?
        Currently, no data Available
        Is Leocor Gold overvalued?
        According to Wall Street analysts Leocor Gold’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Leocor Gold pay dividends?
          Leocor Gold does not currently pay dividends.
          What is Leocor Gold’s EPS estimate?
          Leocor Gold’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Leocor Gold have?
          Leocor Gold has 118,232,400 shares outstanding.
            What happened to Leocor Gold’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Leocor Gold?
            Currently, no hedge funds are holding shares in LECRF
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              Leocor Gold

              Leocor Gold Inc., an exploration stage company, engages in the acquisition and exploration precious metal projects in Canada. It explores for copper, molybdenum, gold, and silver deposits. The company holds an option to acquire 100% interest in the Robert's Arm project, Lemington project, and Hodge's Hill project situated in Newfoundland; and the Dorset gold project, Five Mile Brook project, and Copper Creek project located in Newfoundland and Labrador. It also holds an option to acquire 100% interest in the Star Trek project situated in Gander, Newfoundland. The comany was formerly known as Leocor Ventures Inc. and changed its name to Leocor Gold Inc. in August 2020. Leocor Gold Inc. was incorporated in 2018 and is based in Vancouver, Canada.

              Leocor Gold (LECRF) Earnings & Revenues

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              Ownership Overview

              12.56%87.44%
              12.56% Insiders
              ― Other Institutional Investors
              87.44% Public Companies and
              Individual Investors

              Options Prices

              Currently, No data available
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