Leocor Gold (TSE:LECR)
:LECR
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Leocor Gold
(LECR)
Select Model
Select Model
Rating:47Neutral
Price Target:
C$0.07
▲(23.33% Upside)
Action:ReiteratedDate:04/01/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and persistent negative operating/free cash flow alongside a shrinking equity base). Technicals are moderately supportive due to the price trading above key moving averages, but mixed momentum indicators limit conviction. Valuation provides limited support because the very low P/E is not meaningful for a pre-revenue, cash-burning company and there is no dividend.
Positive Factors
Conservative capital structure (no debt)
Zero reported debt materially reduces fixed obligations and bankruptcy risk for an exploration company. This structural conservatism preserves financial flexibility to time financings and exploration spend, important for long cycles and volatile commodity environments.
Negative Factors
Pre-revenue profile
No operating revenue means the company cannot self-fund exploration from operations and remains binary on discovery or partner transactions. This structural absence of revenue extends financing dependence and increases execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative capital structure (no debt)
Zero reported debt materially reduces fixed obligations and bankruptcy risk for an exploration company. This structural conservatism preserves financial flexibility to time financings and exploration spend, important for long cycles and volatile commodity environments.
Read all positive factors
Leocor Gold (LECR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$8.87M
Dividend YieldN/A
Average Volume (3M)30.19K
Price to Earnings (P/E)1.0
Beta (1Y)0.51
Revenue GrowthN/A
EPS Growth97.05%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)N/A
Shares Outstanding118,232,400
10 Day Avg. Volume14,281
30 Day Avg. Volume30,191
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.87
Price to Sales (P/S)0.00
P/FCF Ratio-10.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 th...
How the Company Makes Money
Leocor Gold is an exploration-stage company; specific, recurring operating revenue from product sales or mine production is not publicly indicated in the provided context. As a result, its typical economic model is to (1) raise capital—most common...
Leocor Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -679.51K | -110.00K | -280.00K | 242.58K | -2.45M |
| Net Income | -1.77M | -110.00K | -8.14M | -507.00K | -2.45M |
Balance Sheet | |||||
| Total Assets | 8.52M | 9.55M | 7.25M | 15.44M | 15.22M |
| Cash, Cash Equivalents and Short-Term Investments | 4.76M | 6.87M | 3.81M | 5.50M | 9.18M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 460.80K | 339.60K | 215.29K | 525.68K | 634.93K |
| Stockholders Equity | 8.06M | 9.21M | 7.04M | 14.91M | 14.58M |
Cash Flow | |||||
| Free Cash Flow | -648.33K | -383.51K | -1.69M | -3.84M | -3.65M |
| Operating Cash Flow | -648.33K | -383.51K | -85.19K | -731.76K | -1.92M |
| Investing Cash Flow | -1.20M | -3.13M | -1.61M | -3.11M | -1.68M |
| Financing Cash Flow | 615.83K | 2.25M | 0.00 | 159.70K | 10.62M |
Leocor Gold Technical Analysis
Positive
0.06
Price Trends
0.06
Positive
0.06
Positive
0.06
Positive
Market Momentum
<0.01
Negative
64.38
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LECR, the sentiment is Positive. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 64.38 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LECR.
Leocor Gold Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
49 Neutral | C$45.08M | -10.20 | -18.03% | ― | ― | ― | |
47 Neutral | C$8.87M | 1.04 | -5.66% | ― | ― | 97.05% | |
46 Neutral | C$8.49M | -4.26 | -187.07% | ― | ― | -42.86% | |
43 Neutral | C$5.85M | -26.07 | -40.98% | ― | ― | 79.47% | |
43 Neutral | C$4.76M | -2.76 | -604.93% | ― | ― | 18.99% |
* Basic Materials Sector Average
TSE:LECR
Leocor Gold
0.08
<0.01
15.38%
TSE:XGC
Xali Gold Corp.
0.28
0.23
460.00%
TSE:GLD
GoldON Resources
0.09
0.05
112.50%
TSE:MASS
Masivo Silver Corp.
0.11
0.02
22.22%
TSE:MEX
Mexican Gold Corp
0.12
0.05
84.62%
TSE:FAS
First Andes Silver
0.11
0.04
57.14%
Leocor Gold Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Leocor Mining Raises $4 Million in Unit Financing to Fund Exploration Exposure
Positive
Mar 26, 2026
Leocor Mining Inc., a Vancouver-based precious metals explorer with a portfolio of gold-copper projects in Newfoundland’s prolific Baie Verte Mining District, is building a sizeable land position in Atlantic Canada. Its projects, including D...
Business Operations and StrategyPrivate Placements and Financing
Leocor Mining Launches $4 Million Private Placement to Fund Exploration Investments
Positive
Mar 17, 2026
Leocor Mining Inc., a Canadian precious metals explorer focused on gold-copper assets in Atlantic Canada’s Baie Verte Mining District, is advancing a portfolio of projects that includes the Dorset, Dorset Extension, Copper Creek and Five Mil...
Business Operations and Strategy
Leocor Mining to Launch VTEM Survey at Baie Verte Gold-Copper Project in Newfoundland
Positive
Mar 12, 2026
Leocor Mining plans to conduct a VTEM airborne electromagnetic survey over its 2,002-hectare Baie Verte gold-copper project on Newfoundland’s north-central coast to refine drill targets across the entire property. The program follows last su...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.