Top Page
Lomiko Metals
(OTC:LMR)
Lomiko Metals (LMR) vs. iShares MSCI Canada ETF (EWC)
Lomiko Metals Business Overview & Revenue Model
Lomiko Metals Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.72K | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -71.92K | EBIT |
| -782.12K | -1.72M | -2.38M | -3.87M | -1.90M | -1.21M | EBITDA |
| -1.16M | 0.00 | -1.94M | 0.00 | 0.00 | -1.19M | Net Income Common Stockholders |
| -1.46M | -1.57M | -1.96M | -3.40M | -1.74M | -1.19M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 996.20K | 1.25M | 2.10M | 3.77M | 5.04M | 18.96K | Total Assets |
| 14.44M | 14.41M | 14.20M | 13.68M | 11.53M | 3.81M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -996.20K | -1.25M | -2.10M | -3.77M | -5.04M | -18.96K | Total Liabilities |
| 468.26K | 682.39K | 573.21K | 1.18M | 500.75K | 453.81K | Stockholders Equity |
| 13.97M | 13.73M | 13.63M | 12.51M | 11.03M | 3.36M |
| Cash Flow | Free Cash Flow | ||||
| -1.03M | -1.38M | -1.82M | -2.77M | -1.96M | -502.70K | Operating Cash Flow |
| -1.01M | -1.38M | -1.76M | -2.42M | -1.85M | -470.19K | Investing Cash Flow |
| -512.65K | -951.77K | -2.66M | -3.03M | -1.82M | -32.51K | Financing Cash Flow |
| 1.77M | 1.48M | 2.75M | 4.18M | 8.70M | 511.11K |
Lomiko Metals Technical Analysis
Lomiko Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $1.99B | -1.26 | -21.11% | 5.30% | 2.92% | -30.46% | |
45 Neutral | $115.62M | ― | -11.60% | ― | ― | 26.32% | |
44 Neutral | C$12.72M | ― | -329.25% | ― | 31.19% | -46.99% | |
43 Neutral | C$187.76M | ― | -54.98% | ― | 92.38% | 12.79% | |
42 Neutral | $7.13M | ― | -10.79% | ― | ― | 34.11% | |
39 Underperform | C$356.29M | ― | -46.88% | ― | ― | -13.44% |
Lomiko Metals Corporate Events
Lomiko Metals Inc. has expanded its Yellow Fox property in central Newfoundland, increasing its land package to 1,446 hectares. The company plans to conduct a soil sampling field program to better define antimony, silver, and gold targets, with Metals Creek managing the work. The expansion and exploration efforts aim to enhance Lomiko’s positioning in the mineral exploration sector, potentially impacting stakeholders by identifying new mineral resources.
Spark’s Take on TSE:LMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LMR is a Underperform.
Lomiko Metals’ overall stock score reflects significant financial instability due to lack of revenue and operational losses. While there are promising corporate developments and strategic initiatives, the prevailing bearish technical indicators and negative valuation metrics weigh heavily on the stock’s prospects.
To see Spark’s full report on TSE:LMR stock, click here.
Lomiko Metals Inc. has announced amendments to its warrants, which include an accelerated exercise period provision, contingent upon the company’s share price reaching a specified threshold. This move is aimed at reducing the exercise price of the warrants, pending approval from the TSX Venture Exchange. Additionally, the company is extending its early incentive program for warrant holders, offering them an opportunity to exercise their warrants by May 15, 2025. These strategic decisions are expected to impact the company’s financial operations and potentially enhance its market positioning.
Spark’s Take on TSE:LMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LMR is a Neutral.
Lomiko Metals’ overall stock score reflects significant financial challenges due to the lack of revenue and continued operational losses. The bearish technical indicators and unattractive valuation further impact the score. However, recent strategic corporate events involving funding and project developments provide a glimmer of potential upside, albeit overshadowed by immediate financial difficulties.
To see Spark’s full report on TSE:LMR stock, click here.
Lomiko Metals has engaged DRA Americas to lead pre-feasibility engineering studies for its La Loutre Natural Flake Graphite Project in Quebec. This collaboration with industry leaders such as Norda Stelo and Knight-Piesold aims to advance the project with a focus on sustainability and environmental management. The studies will evaluate mine plan options and infrastructure, leveraging a strong foundation built over the past two years. This move is expected to enhance Lomiko’s position as a key player in the North American graphite supply chain.
Spark’s Take on TSE:LMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LMR is a Neutral.
Lomiko Metals’ overall stock score reflects significant financial challenges, with no current revenue stream and ongoing operational losses. The technical analysis indicates a bearish trend, and valuation metrics are unattractive with a negative P/E ratio. Recent strategic corporate actions offer some potential for upside, but are overshadowed by the company’s immediate financial obstacles.
To see Spark’s full report on TSE:LMR stock, click here.
Lomiko Metals Inc. announced the closing of the first tranche of a non-brokered private placement, raising $411,499.98 to fund engineering studies and strategic initiatives at the La Loutre natural flake graphite deposit. The proceeds will support pre-feasibility studies, bulk sampling, and exploration activities, positioning Lomiko as a responsible developer in the North American energy supply chain. The participation of an insider in the private placement constitutes a related party transaction, exempt from certain regulatory requirements.
Spark’s Take on TSE:LMR Stock
According to Spark, TipRanks’ AI Analyst, TSE:LMR is a Underperform.
Lomiko Metals’ overall stock score reflects significant financial challenges with no current revenue stream and ongoing operational losses. While technical indicators show bearish trends, recent strategic corporate actions, such as securing funds and new exploration projects, provide a potential upside, albeit with inherent risks.
To see Spark’s full report on TSE:LMR stock, click here.
Lomiko Metals Inc. has announced a non-brokered private placement to raise up to C$1,000,000, which will be used to advance the engineering phase of the pre-feasibility study for the La Loutre graphite project, explore the Yellow Fox property, and for general working capital. This move is expected to enhance the company’s operational capabilities and strengthen its position in the graphite industry, potentially benefiting stakeholders through increased resource exploration and development.
Lomiko Metals Inc. has announced a work program for its Yellow Fox property in central Newfoundland, acquired from Metals Creek. The property, located near the past-producing Beaver Brook antimony mine, shows promising potential for antimony, gold, and silver. The company plans to conduct a Phase 1 soil sampling program in Spring 2025, aiming to collect approximately 700 samples to define prospective targets and evaluate unexplored areas. This initiative could enhance Lomiko’s industry positioning by expanding its resource base and offering new opportunities for stakeholders.
Lomiko Metals Inc. has announced updates on its La Loutre natural flake graphite project’s feasibility studies in Quebec, Canada. The company has received significant funding from both the U.S. Department of Defense and Natural Resources Canada to support its studies and anode material piloting. The reallocation of funds allows Lomiko to efficiently progress with pre-feasibility and metallurgical studies, involving local contractors and consultants. This initiative is expected to bolster the local critical minerals supply chain, with community engagement and decarbonization efforts being integral to the project’s development.