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Leading Edge Materials
(OTC:LEM)
Leading Edge Materials (LEM) vs. iShares MSCI Canada ETF (EWC)
Leading Edge Materials Business Overview & Revenue Model
Leading Edge Materials Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -94.02K | -128.06K | -24.07K | -68.29K | -53.75K | -45.80K | EBIT |
| -2.32M | -2.12M | -2.66M | -3.41M | -2.23M | 6.39M | EBITDA |
| -2.35M | -2.12M | -2.44M | -1.14M | -1.77M | -11.03M | Net Income Common Stockholders |
| -2.69M | -2.58M | -3.64M | -116.35K | -1.43M | -19.85M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.09M | 2.58M | 1.35M | 2.30M | 3.36M | 395.61K | Total Assets |
| 24.85M | 25.39M | 23.83M | 28.76M | 27.22M | 24.83M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -2.00M | -2.43M | -1.20M | -1.32M | -3.36M | -395.61K | Total Liabilities |
| 5.75M | 5.00M | 5.50M | 10.15M | 7.50M | 8.28M | Stockholders Equity |
| 19.10M | 20.39M | 18.34M | 18.60M | 19.71M | 16.54M |
| Cash Flow | Free Cash Flow | ||||
| -3.44M | -2.55M | -2.04M | -2.84M | -1.59M | -2.06M | Operating Cash Flow |
| -1.33M | -1.63M | -1.52M | -2.53M | -1.51M | -1.99M | Investing Cash Flow |
| -2.12M | -919.34K | -327.03K | 387.78K | -69.26K | -69.40K | Financing Cash Flow |
| 4.48M | 3.78M | 1.73M | 101.70K | 4.54M | 1.27M |
Leading Edge Materials Technical Analysis
Leading Edge Materials Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.14 | -21.36% | 3.64% | 2.88% | -30.57% | |
49 Neutral | C$805.57M | ― | -8.91% | ― | ― | ― | |
41 Neutral | C$87.14M | 8.49 | 13.24% | ― | ― | ― | |
40 Underperform | $49.89M | ― | -12.61% | ― | ― | 13.91% | |
39 Underperform | C$360.86M | ― | -46.88% | ― | ― | -13.44% | |
36 Underperform | C$44.38M | ― | -23.89% | ― | ― | -57.70% |
Leading Edge Materials Corporate Events
Leading Edge Materials Corp. announced the results of its Annual General Meeting, where all proposed matters were approved, including the board size, stock options plan, and appointment of auditors. The re-election of directors and the granting of stock options to directors, officers, and consultants were also confirmed, reflecting the company’s ongoing strategic focus on its critical raw materials projects in the EU, which are vital for emerging technologies.
Spark’s Take on TSE:LEM Stock
According to Spark, TipRanks’ AI Analyst, TSE:LEM is a Neutral.
Leading Edge Materials faces significant financial hurdles, with no revenue and increasing losses, reflected in a low financial performance score. Despite a debt-free balance sheet, negative cash flows undermine financial stability. Technical analysis shows mixed signals, with slight bullish momentum but an oversold condition. Valuation remains unattractive due to negative earnings. However, strategic developments in key projects offer potential upside if executed successfully.
To see Spark’s full report on TSE:LEM stock, click here.
Leading Edge Materials Corp. has announced its Annual General Meeting of Shareholders scheduled for April 23, 2025, in Vancouver. The meeting will address several key corporate governance issues, including the election of directors, appointment of auditors, and ratification of the stock option plan. This meeting is significant for stakeholders as it will shape the company’s strategic direction and operational oversight for the coming year.
Leading Edge Materials Corp. announced that its Norra Kärr Heavy Rare Earth Elements Project was not included in the EU’s first list of Strategic Projects under the Critical Raw Materials Act. Despite this setback, the company has made significant progress, including submitting a new application for a 25-year mining lease and exploring sustainable production methods. The project is considered crucial for Europe’s supply of heavy rare earth elements, especially given current geopolitical tensions. The company plans to reapply for Strategic Project status and continues to prioritize environmental stewardship and sustainable mining operations.
Leading Edge Materials Corp. reported a net loss of $669,216 for the fiscal period ending January 31, 2025, reflecting increased corporate development expenses. The company is actively pursuing value creation opportunities for its Woxna Graphite Mine and has applied for a 25-year mining lease for the Norra Kärr project, highlighting its strategic focus on meeting Europe’s critical material needs.
Leading Edge Materials Corp. announced its strategic focus on the Woxna Graphite Mine to address Europe’s growing demand for natural graphite and to enhance supply chain security amid geopolitical tensions. With the European Union’s adoption of the Critical Raw Materials Act, Woxna is well-positioned as one of the few fully built and permitted graphite mines in the region, ready to contribute significantly to regional graphite production and reduce reliance on external suppliers.
Leading Edge Materials is progressing with a rapid development plan for its Norra Kärr project, anticipating a decision on its Strategic Project status by March 2025, which could streamline permitting and financing. The company is conducting mineralogical and market assessments for nepheline syenite and aegirine, targeting higher-value markets to enhance project economics. Discussions with market participants are underway, and the company is exploring early production to supply REE concentrates to Europe, potentially boosting cash flow and strategic positioning.