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Laurion Mineral Exploration
(LME)
Laurion Mineral Exploration (LME) vs. iShares MSCI Canada ETF (EWC)
Laurion Mineral Exploration Business Overview & Revenue Model
Laurion Mineral Exploration 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 | -4.36M | -2.87M | 288.63K | -4.66M | -3.73M | -3.31M |
| Net Income | -4.19M | -2.92M | -3.09M | -4.65M | -3.74M | -3.31M |
Balance Sheet | ||||||
| Total Assets | 7.11M | 10.19M | 9.36M | 9.21M | 9.92M | 2.89M |
| Cash, Cash Equivalents and Short-Term Investments | 6.60M | 6.08M | 6.51M | 7.47M | 6.86M | 1.55M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 599.62K | 623.34K | 487.20K | 107.85K | 198.95K | 322.74K |
| Stockholders Equity | 6.51M | 9.57M | 8.87M | 9.10M | 9.72M | 2.57M |
Cash Flow | ||||||
| Free Cash Flow | -4.36M | -3.38M | -3.07M | -4.44M | -3.59M | -2.88M |
| Operating Cash Flow | -4.36M | -3.38M | -3.07M | -4.44M | -3.59M | -2.88M |
| Investing Cash Flow | 31.94K | 25.83K | 12.32K | 48.16K | 0.00 | 0.00 |
| Financing Cash Flow | 2.54M | 4.12M | 3.00M | 3.79M | 10.62M | 3.58M |
Laurion Mineral Exploration Technical Analysis
Laurion Mineral Exploration 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% | |
56 Neutral | C$86.14M | -8.95 | -63.27% | ― | ― | -68.53% | |
55 Neutral | C$78.60M | -51.32 | -2.88% | ― | ― | 36.67% | |
50 Neutral | C$79.48M | -10.71 | -651.67% | ― | ― | 30.90% | |
48 Neutral | C$98.31M | -3.66 | -174.89% | ― | ― | -48.84% | |
46 Neutral | C$71.27M | -16.67 | -56.09% | ― | ― | -13.33% | |
43 Neutral | C$60.92M | -3.54 | -43.89% | ― | ― | ― |
Laurion Mineral Exploration Corporate Events
Laurion Mineral Exploration reported high‑grade gold, silver and zinc assay results from the first two diamond drill holes of its latest program at the A‑Zone/McLeod/CRK Zone within the Ishkōday Project in northwestern Ontario, including intercepts such as 3.5 metres at 1.40 g/t gold and 2.30% zinc and 4.5 metres at 2.00 g/t gold with significant silver and zinc credits. The intersections in holes LBX25‑095 and LBX25‑096, which confirm mineralization along a structurally controlled corridor previously indicated by both historic and modern drilling, strengthen the geological model of a continuous gold‑zinc system at Ishkōday and support Laurion’s confidence that its targeting strategy is effectively building scale and continuity, with potential implications for the project’s future resource definition and the company’s positioning in the gold‑base metals exploration space.
The most recent analyst rating on (TSE:LME) stock is a Hold with a C$0.26 price target. To see the full list of analyst forecasts on Laurion Mineral Exploration stock, see the TSE:LME Stock Forecast page.
Laurion Mineral Exploration Inc. has closed a non-brokered private placement of 4,619,130 flow-through units at $0.33 per unit, raising gross proceeds of $1,524,313, with each unit comprising one flow-through common share and one-half of a warrant exercisable at $0.39 for 24 months. The funds, which qualify as Canadian exploration expenses and flow-through mining expenditures under the Income Tax Act, are earmarked to advance Laurion’s 2026 drill program at its Ishkõday property, while the financing—subject to final TSX Venture Exchange approval—also included cash finder’s fees and finder’s warrants and places a standard four-month-plus-one-day hold period on the issued securities.
Laurion Mineral Exploration has closed a non-brokered private placement of 4,619,130 flow-through units at $0.33 per unit, raising gross proceeds of approximately $1.52 million to fund eligible Canadian exploration expenses. The capital will be directed to the company’s 2026 drill program at its Ishkõday property, targeting priority zones including A-Zone/McLeod, the CRK Trend and the historic Sturgeon River Mine area, reinforcing Laurion’s technically driven strategy to unlock the project’s mineral potential while modestly diluting shareholders and signaling continued advancement of its flagship asset.
LAURION Mineral Exploration Inc. has announced a proposed flow-through private placement targeting approximately $1.6 million in gross proceeds. The funds will support exploration activities at the Ishkõday Project, specifically focusing on gold and base metal zones to enhance resource potential through systematic in-fill and step-out drilling. This initiative builds on LAURION’s efforts to advance its flagship project and strengthen its position in the mineral exploration industry, with implications for shareholders and potential acquisition opportunities.
Laurion Mineral Exploration Inc. announced the results of its 2025 exploration drilling program at the Ishkōday Project, revealing multiple high-grade gold intercepts. The results confirm the presence of stacked, high-grade orogenic gold veins within the Marge–Allard multi-vein corridor, demonstrating consistent high-grade mineralization. This reinforces the area’s potential as a multi-vein, structurally controlled gold system, with implications for future exploration and development strategies.
Laurion Mineral Exploration Inc. announced promising results from its recent drilling program at the Ishkōday Project, which aims to connect the Brenbar and Sturgeon River Mine corridors. The drilling has provided valuable geological insights, potentially positioning Ishkōday as a significant district-scale gold and base metal opportunity. These results could enhance Laurion’s understanding of mineralization continuity, guiding future exploration efforts and potentially impacting the company’s market position and stakeholder interests.
LAURION Mineral Exploration Inc. has expanded its advisory network to enhance its capital markets and M&A initiatives, aiming to improve institutional outreach and transactional capabilities. The company is also advancing its Ishkõday Project with significant progress in geophysics, drilling, and surface exploration, and has issued stock options to three First Nations as part of an amended exploration agreement, reflecting its commitment to collaboration and shared benefits with Indigenous partners.
Laurion Mineral Exploration Inc. announced promising results from its 7,700-meter Summer 2025 drill exploration program at the Ishkoday Project, particularly around the Brenbar Shaft area. The drill results confirm the continuity of gold-bearing structures and advance the company’s understanding of the mineralized system, aiding in the development of a 3D geological model. This progress is significant for Laurion’s operations as it enhances their ability to define the geometry and scale of the gold deposits, potentially improving their market positioning and offering valuable insights for stakeholders.
LAURION Mineral Exploration Inc. has initiated a 1,700-metre diamond drill program at its Ishkōday Project in Ontario, aiming to delineate and expand near-surface gold and base-metal zones. This program targets the A-Zone and McLeod Zones, which have shown promising mineralization in previous drills, and is part of a broader strategy to enhance resource definition and valuation. The company plans to integrate the results into its 3D geological model, setting the stage for an expanded drilling campaign in 2026 to further explore and develop the project’s potential.
LAURION Mineral Exploration Inc. has announced the listing of its common shares on the Frankfurt Stock Exchange, marking a significant milestone in expanding its market visibility and global presence. This move is expected to enhance share liquidity and broaden exposure to European investors. Additionally, LAURION has engaged Apaton Finance GmbH for investor relations services in Europe and Dig Media Inc. for an investor awareness campaign in North America. These strategic initiatives aim to increase visibility and engagement with potential partners, reinforcing LAURION’s readiness to pursue opportunities that deliver value to shareholders.