Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
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 | EBIT |
-3.33M | -4.75M | -3.89M | -3.31M | -2.25M | EBITDA |
288.63K | -4.66M | -3.74M | -3.31M | -2.25M | Net Income Common Stockholders |
-3.09M | -4.55M | -3.74M | -3.31M | -2.25M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
6.51M | 7.47M | 6.86M | 1.55M | 672.80K | Total Assets |
9.36M | 9.21M | 9.92M | 2.89M | 2.07M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-6.51M | -7.47M | -6.86M | -1.55M | -672.80K | Total Liabilities |
487.20K | 107.85K | 198.95K | 322.74K | 189.22K | Stockholders Equity |
8.87M | 9.10M | 9.72M | 2.57M | 1.88M |
Cash Flow | Free Cash Flow | |||
-3.07M | -4.44M | -3.59M | -2.88M | -2.11M | Operating Cash Flow |
-3.07M | -4.44M | -3.59M | -2.88M | -2.11M | Investing Cash Flow |
12.32K | 48.16K | 0.00 | 0.00 | 0.00 | Financing Cash Flow |
3.00M | 3.79M | 10.62M | 3.58M | 3.87M |
LAURION Mineral Exploration Inc. celebrates 65 years on the TSX Venture Exchange, marking a significant milestone in its history. The company is advancing its Ishkõday Project, which shows promising exploration potential with a large mineralized system and a gold-bearing surface stockpile. LAURION is also conducting a strategic review with US Capital Global to explore potential transactions, aiming to unlock shareholder value and align with its long-term growth strategy.
Spark’s Take on TSE:LME Stock
According to Spark, TipRanks’ AI Analyst, TSE:LME is a Neutral.
Laurion Mineral Exploration faces significant financial challenges with no revenue and substantial losses, leading to sustainability risks. The technical indicators suggest weak market momentum. However, the announcement of a strategic geophysical survey offers a positive outlook for future exploration success. Despite this, the negative valuation metrics underscore the company’s current unprofitability and high risk, resulting in a low overall stock score.
To see Spark’s full report on TSE:LME stock, click here.
Laurion Mineral Exploration Inc. has provided a strategic update on its Ishkõday Project, highlighting a strong financial position and successful exploration outcomes. The company is launching a strategic review process with US Capital Global to explore growth opportunities and potential partnerships, aiming to enhance shareholder value. Recent drilling results at Ishkõday have shown promising gold grades, and the company is advancing its exploration efforts with new geophysical surveys and a comprehensive drill program planned for 2025.
Spark’s Take on TSE:LME Stock
According to Spark, TipRanks’ AI Analyst, TSE:LME is a Neutral.
Laurion Mineral Exploration faces significant financial challenges with no revenue and substantial losses, leading to sustainability risks. The technical indicators suggest weak market momentum. However, the announcement of a strategic geophysical survey offers a positive outlook for future exploration success. Despite this, the negative valuation metrics underscore the company’s current unprofitability and high risk, resulting in a low overall stock score.
To see Spark’s full report on TSE:LME stock, click here.
LAURION Mineral Exploration Inc. has announced a significant Exploration Agreement with three First Nation communities for its Ishkõday Project in Ontario. This agreement marks a pivotal step in advancing the project while ensuring Indigenous rights are respected and local communities benefit from economic opportunities, aligning with LAURION’s strategic objectives of sustainable exploration and community engagement.
Laurion Mineral Exploration Inc. announced the results of its Annual and Special Meeting of Shareholders held on February 13, 2025. The meeting resulted in the election of directors, the reappointment of RSM LLP as auditors, and the approval of the renewal of the company’s rolling stock option plan, pending final approval by the TSX Venture Exchange. These developments indicate continued strategic planning and governance for Laurion, potentially impacting its operations and stakeholder confidence.