Leocor Gold (LECR) AI Stock Analysis

• Market Cap: C$6.50M
• Dividend Yield: N/A
• Average Volume (3M): 93.12K
• Price to Earnings (P/E): 7.8
• Beta (1Y): 0.18
• Revenue Growth: N/A
• EPS Growth: 89.87%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 69
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 118,232,400
• 10 Day Avg. Volume: 68,300
• 30 Day Avg. Volume: 93,123
• PEG Ratio: -0.20
• Price to Book (P/B): 3.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.66
• 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: 35 Underperform
• Price Target: ―

Leocor Gold's overall score reflects significant financial challenges due to lack of revenue and sustained losses, leading to poor financial performance. Weak technical indicators exacerbate this negative outlook. However, recent positive corporate events and project developments suggest potential for improvement if these translate into financial performance in the future.

Leocor Gold Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Leocor Gold makes money through the exploration and development of gold mining projects. The company's primary revenue streams include the sale of mineral assets, partnerships with larger mining companies, and potential future gold production. By identifying and proving up gold reserves, Leocor Gold can enhance the value of its properties, attract investment, and negotiate lucrative deals with major mining firms. Additionally, strategic partnerships and joint ventures can provide funding and expertise, facilitating the advancement of exploration projects and contributing to the company's earnings.

Leocor Gold Financial Statement Overview

Summary

Leocor Gold faces significant financial challenges, primarily due to the lack of revenue and ongoing operational losses. The positive aspect of a zero-debt balance sheet and strong equity is overshadowed by negative cash flows and operational inefficiencies.

Income Statement

Leocor Gold has consistently reported zero revenue over the analyzed periods, reflecting a lack of operational income. The company shows negative EBIT and net income, indicating operational inefficiencies and sustained losses. The absence of revenue growth and poor profitability metrics warrant a low score.

Balance Sheet

The company's balance sheet is relatively stable with no debt, which reduces financial risk. High stockholders' equity and a positive equity ratio indicate a strong capital structure. However, the lack of revenue and profitability undermines the overall financial health.

Cash Flow

Leocor Gold's cash flow from operations is negative, highlighting cash burn issues. Financing cash flows are significant, suggesting reliance on external funding. The free cash flow is consistently negative, raising concerns about liquidity and long-term sustainability.

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
	EBIT
-883.26K	-476.00K	-280.00K	-749.00K	-2.64M	-929.00K
	EBITDA
203.69K	-110.00K	-280.00K	242.58K	-2.45M	-821.00K
	Net Income Common Stockholders
-1.75M	-110.00K	-8.14M	-507.00K	-2.45M	-1.04M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.52M	6.87M	3.81M	5.50M	9.18M	2.16M
	Total Assets
9.38M	9.55M	7.25M	15.44M	15.22M	2.43M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-2.55M	-2.54M	-3.81M	-5.50M	-9.18M	-2.16M
	Total Liabilities
369.30K	339.60K	215.29K	525.68K	634.93K	55.69K
	Stockholders Equity
9.01M	9.21M	7.04M	14.91M	14.58M	2.38M
Cash Flow		Free Cash Flow
-856.50K	-383.51K	-85.19K	-3.84M	-3.65M	-683.66K
	Operating Cash Flow
-853.07K	-383.51K	-85.19K	-731.76K	-1.92M	-444.99K
	Investing Cash Flow
-3.25M	-3.13M	-1.61M	-3.11M	-1.68M	-238.67K
	Financing Cash Flow
5.87M	2.25M	0.00	159.70K	10.62M	2.37M

Leocor Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LECR, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.12 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LECR.

Leocor Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WDO	78 Outperform	C$2.97B	15.80	34.73%	―	80.44%	3757.72%
KNT	77 Outperform	C$3.81B	15.08	39.28%	―	105.06%	481.75%
SSL	73 Outperform	$3.70B	92.60	2.05%	0.63%	6.23%	36.40%
OR	69 Neutral	C$6.71B	152.54	2.50%	0.71%	12.78%	―
Sector *	51 Neutral	$2.04B	-1.26	-21.09%	3.98%	2.91%	-30.49%
RGLD	41 Neutral	C$2.51M	―	-206.92%	―	―	-539.74%
LECR	35 Underperform	C$6.50M	7.78	-20.91%	―	―	89.87%

Leocor Gold Corporate Events

Leocor Mining Strengthens Stake in Intrepid Metals with Promising Drill Results

Leocor Mining Inc. has updated its investment in Intrepid Metals, highlighting its strategic CDN $3M investment aimed at advancing Intrepid’s copper and gold projects in Arizona, specifically the Corral Copper project. The impressive drill results from Corral, including significant copper and gold intercepts, have bolstered Leocor’s stake in Intrepid to approximately 26% on a partially diluted basis. The announcement underscores Leocor’s commitment to supporting Intrepid’s development and the promising potential of the Corral project, which could enhance Leocor’s industry positioning and stakeholder value.

Leocor Mining Completes Drilling at Baie Verte Project, Awaits Assay Results

Leocor Mining Inc. has completed its drilling campaign at the Baie Verte Copper-Gold Project in Newfoundland, which included 27 drill holes totaling 3,040.5 meters. The drilling at Copper Creek and Dorset prospects revealed significant mineralization, with 18 out of 21 holes at Copper Creek encountering chalcopyrite. The company is awaiting assay results from over 2,300 samples, which will determine the true grade and thickness of the mineralization, potentially impacting Leocor’s operational strategy and stakeholder interests.

Leocor Mining Reports Promising Chalcopyrite Findings at Copper Creek

Leocor Mining Inc. has completed its drilling campaign at the Copper Creek site, part of the Baie Verte project in Newfoundland, where 21 diamond drill holes were drilled. The company reports significant findings of chalcopyrite mineralization in 15 of these holes, with three holes showing semi-massive pyrite intervals. This development is a promising indicator for the company’s exploration efforts and could enhance its positioning in the gold-copper mining industry.

Leocor Mining Reports Positive Developments in Newfoundland Drilling Program

Leocor Mining Inc. has announced updates on its ongoing drill program at the Baie Verte project in Newfoundland, where significant chalcopyrite mineralization has been encountered in several drill holes. This progress in the drill program could enhance Leocor’s operational capabilities and strengthen its position in the resource exploration industry, potentially benefiting stakeholders by advancing the project’s development.

Leocor Mining Advances Drilling at Baie Verte Project

Leocor Mining Inc. has announced progress in its drilling program at the Baie Verte project in Newfoundland, where the company has started drilling the fifth of 16 planned holes at the Copper Creek prospect. Initial results from the first two holes have shown intervals of chalcopyrite mineralization, with Hole 25-CC-001 revealing significant intervals of chalcopyrite, indicating potential valuable discoveries that may enhance Leocor’s operational prospects and strengthen its position in the resource exploration sector.