Lomiko Metals (LMR) AI Stock Analysis

• Market Cap: C$10.53M
• Dividend Yield: N/A
• Average Volume (3M): 134.53K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.25
• Revenue Growth: N/A
• EPS Growth: -84.65%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 72,630,710
• 10 Day Avg. Volume: 291,382
• 30 Day Avg. Volume: 134,533
• PEG Ratio: -0.02
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.64
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: C$0.14 ▲(44.00% Upside)

The score is primarily held back by weak financial performance: no revenue, ongoing losses, and continued cash burn. Technicals provide some support with the price trading above major moving averages, but overbought RSI tempers that strength. Valuation remains constrained by negative earnings and no dividend support.

Positive Factors

Strategic focus on critical minerals

Specializing in graphite for battery materials aligns the company with structural, long-term electrification and battery supply-chain trends. That strategic focus increases relevance to OEMs and battery makers and supports potential partnership or development opportunities over multiple quarters.

Debt-free balance sheet

Having no debt materially lowers financial risk and interest burden, preserving flexibility to allocate capital to exploration and technical studies. This durability supports multi-quarter project advancement without near-term leverage-driven solvency pressure.

Improving cash-burn trends

Reduced cash burn versus earlier years indicates better cost discipline and operational efficiency. Persisting this trend would extend runway for exploration and technical work, improving the odds of progressing assets toward partnerships or option transactions over coming quarters.

Negative Factors

No revenue and persistent losses

Lack of operating revenue and sustained net losses mean the business is not yet self-sustaining. Over multiple quarters this undermines earnings visibility, forces reliance on external funding for exploration, and delays demonstration of commercial viability for projects.

Negative operating and free cash flow

Ongoing negative operating and free cash flow create structural funding pressure; absent operating cash generation the company must secure external capital or monetize assets. Over 2–6 months this constrains project expenditures and can slow advancement toward production-readiness.

Eroding equity and negative ROE

Declining shareholders' equity and a deeply negative ROE signal capital erosion from losses, reducing buffer for future write-downs or cost overruns. This weakens long-term financial resilience and can discourage partners or investors needed to finance project development.

Lomiko Metals Business Overview & Revenue Model

Company Description

Lomiko Metals Inc. engages in the acquisition, exploration, and development of resource properties in Canada. It explores for graphite and lithium deposits. The company's flagship project is its 100% owned La Loutre graphite property located in southern Quebec. The company was formerly known as Lomiko Resources Inc. and changed its name to Lomiko Metals Inc. in October 2008. Lomiko Metals Inc. was incorporated in 1987 and is based in Surrey, Canada.

How the Company Makes Money

Lomiko Metals generates revenue primarily through the exploration, development, and potential sale of mineral resources. Key revenue streams include the sale of graphite mined from its properties, which is in demand for use in batteries, lubricants, and other industrial applications. The company may also earn income through joint ventures or partnerships with other mining companies, allowing them to share in the profits from mineral extraction. Additionally, Lomiko might engage in off-take agreements, where future production is pre-sold to customers, providing upfront capital and ensuring a steady revenue stream. Factors such as the global demand for electric vehicles and energy storage solutions significantly impact Lomiko's earnings potential.

Lomiko Metals Financial Statement Overview

Summary

Income statement and cash flow are very weak with no TTM revenue, continued net losses, and ongoing cash burn (negative operating and free cash flow). The main offset is a debt-free balance sheet with a still-positive equity base, though equity has been eroding and ROE remains deeply negative.

Income Statement

TTM (Trailing-Twelve-Months) results show no revenue and continued operating losses (EBIT of -1.59M; net loss of -3.70M). While losses have improved versus 2022–2023 levels (smaller EBIT losses), profitability remains structurally weak with no demonstrated top-line traction, keeping overall earnings quality and visibility low.

Balance Sheet

The balance sheet is conservatively financed with zero debt across all periods, which materially lowers financial risk. However, ongoing losses are weighing on shareholder value (TTM return on equity around -28%), and equity has declined from 2024 to 2025, indicating continued capital erosion despite a still-positive equity base (~12.5M TTM).

Cash Flow

Cash generation remains negative, with TTM operating cash flow of about -1.41M and free cash flow of about -1.61M, implying continued cash burn. Free cash flow has deteriorated versus the most recent annual period (TTM free cash flow growth of about -10%), though burn rates have improved compared with 2021–2022 levels, offering some cost discipline progress.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
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	-3.74M	-1.57M	-1.94M	-3.25M	-1.73M
Net Income	-3.75M	-1.57M	-1.96M	-3.40M	-1.74M
Balance Sheet
Total Assets	12.84M	14.41M	14.20M	13.68M	11.53M
Cash, Cash Equivalents and Short-Term Investments	567.74K	1.25M	2.10M	3.77M	5.04M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	963.19K	682.39K	573.21K	1.18M	500.75K
Stockholders Equity	11.88M	13.73M	13.63M	12.51M	11.03M
Cash Flow
Free Cash Flow	-1.59M	-1.38M	-1.82M	-2.77M	-1.96M
Operating Cash Flow	-1.59M	-1.38M	-1.76M	-2.42M	-1.85M
Investing Cash Flow	-374.60K	-951.77K	-2.66M	-3.03M	-1.82M
Financing Cash Flow	1.29M	1.48M	2.75M	4.18M	8.70M

Lomiko Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LMR, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.12, and below the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 47.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LMR.

Lomiko Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CELL	53 Neutral	C$7.74M	-2.17	-58.31%	―	―	4.17%
ILI	51 Neutral	C$10.22M	-33.33	-1.36%	―	―	-136.00%
LMR	48 Neutral	C$10.53M	-2.09	-11.09%	―	―	-84.65%
VLI	47 Neutral	C$6.98M	-1.77	-22.75%	―	―	7.52%
GEL	45 Neutral	C$3.66M	-3.66	-96.85%	―	―	35.91%
AWCM	33 Underperform	C$15.78M	-7.53	-17.86%	―	―	92.11%

Lomiko Metals Corporate Events

Lomiko Metals Raises $300,000 in Flow-Through Financing to Advance Graphite and Antimony Projects

Lomiko Metals Inc. has closed a non-brokered flow-through private placement raising $300,000 through the issuance of 2.5 million flow-through common shares at $0.12 each, alongside finder’s fees of $21,000 and 175,000 finder’s warrants exercisable at the same price for two years, with all securities subject to a standard four-month-plus-one-day hold period. Management said the proceeds will fund key strategic initiatives, including bulk sampling and anode piloting at the flagship La Loutre graphite project in Quebec, further regional graphite exploration within the province, and exploration at the Yellow Fox antimony-gold prospect in Newfoundland, moves that support the company’s efforts to advance its graphite development pipeline and diversify its critical minerals portfolio.

The most recent analyst rating on (TSE:LMR) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Lomiko Metals stock, see the TSE:LMR Stock Forecast page.

Lomiko Metals Advances La Loutre Graphite Project with Corem Collaboration

Lomiko Metals has announced the commencement of processing a 200-metric-tonne bulk sample from its La Loutre graphite deposit, in collaboration with Corem Research Center in Quebec. This initiative aims to validate the process of upgrading natural flake graphite into battery-grade anode material, marking a significant step in advancing La Loutre as a key source for the clean energy transition. The project supports Canadian expertise in graphite processing technologies, aligning with Lomiko’s commitment to operational excellence and shareholder value.

Lomiko Metals Appoints New CFO Amidst Graphite Project Advancements

Lomiko Metals Inc. has announced a management change with the appointment of Robert Boisjoli as the new Chief Financial Officer, succeeding Jacqueline Michael. This change is expected to bring Mr. Boisjoli’s extensive experience in corporate finance and advisory roles to the company, potentially enhancing its financial operations and strategic positioning in the mining industry. The appointment comes as Lomiko continues to advance its graphite projects, which have shown significant resource increases and high-grade mineralization, indicating promising prospects for the company’s growth and stakeholder value.

Lomiko Metals Secures $800,000 in Flow-Through Financing for Strategic Initiatives

Lomiko Metals Inc. has successfully closed a non-brokered private placement, raising approximately $800,000 through the issuance of flow-through common shares. The funds will be used for strategic initiatives, including the La Loutre project and exploration activities in Quebec and Newfoundland. This financing supports Lomiko’s ongoing efforts to enhance its resource exploration and development capabilities, potentially strengthening its position in the graphite and mineral exploration industry.

Lomiko Metals Secures $800,000 in Flow-Through Financing for Strategic Exploration

Lomiko Metals Inc. has successfully closed a non-brokered private placement, raising approximately $800,000 through the issuance of flow-through common shares. The funds will be used for strategic initiatives, including bulk sampling and anode piloting at the La Loutre project, and exploration activities in Quebec and Newfoundland. This financing supports Lomiko’s ongoing resource exploration efforts, potentially enhancing its market position in the graphite industry.

Lomiko Metals Strengthens Position Amid Canadian Government’s Critical Minerals Initiative

Lomiko Metals Inc. has announced updates following the Canadian government’s new budget, which includes a C$2 billion fund for critical minerals. This initiative enhances Lomiko’s strategic positioning by providing alternative financing options, supporting processing technologies, and treating minerals as strategic national assets. The company is finalizing the La Loutre prefeasibility study and is in the permitting stage for a drill program in Quebec. Additionally, Lomiko is addressing a financial issue related to a social engineering incident affecting a recent financing round.

Lomiko Metals Closes Oversubscribed Financing to Advance La Loutre Graphite Project

Lomiko Metals Inc. has announced the closing of an oversubscribed second tranche of hard dollar financing, raising $195,000 to support the La Loutre graphite project’s pre-feasibility study and related activities. This financing will aid in advancing the project’s engineering phase, environmental studies, and stakeholder consultations, enhancing Lomiko’s positioning in the graphite industry.