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Lexington Gold
(LSE:LEX)
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Rating:43Neutral
Price Target:
2.50 p
▼(-7.41% Downside)
Action:Reiterated
Date:09/24/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and consistent cash burn) and poor technical setup (price below key moving averages with negative MACD and very low RSI). Low leverage modestly helps the risk profile, but valuation support is limited because the negative P/E reflects unprofitable operations and there is no dividend yield provided.
Positive Factors
Low Leverage
Very low leverage reduces fixed financial obligations and near-term solvency pressure while the company advances its exploration portfolio. This gives management more flexibility to allocate capital toward geological work and drilling without the additional constraint of substantial debt servicing.
Negative Factors
No Operating Revenue
The absence of reported revenue means Lexington Gold has not yet demonstrated operating scale or commercial cash inflows from its activities. Until exploration assets progress toward development or another monetization route, the business remains dependent on funding rather than internally generated revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage reduces fixed financial obligations and near-term solvency pressure while the company advances its exploration portfolio. This gives management more flexibility to allocate capital toward geological work and drilling without the additional constraint of substantial debt servicing.
Read all positive factors
Lexington Gold (LEX) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£10.90M
Dividend YieldN/A
Average Volume (3M)289.30K
Price to Earnings (P/E)―
Beta (1Y)0.25
Revenue GrowthN/A
EPS Growth16.67%
CountryUK
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding473,861,080
10 Day Avg. Volume307,895
30 Day Avg. Volume289,304
Financial Highlights & Ratios
PEG Ratio2.93
Price to Book (P/B)1.48
Price to Sales (P/S)0.00
P/FCF Ratio-11.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Lexington Gold Business Overview & Revenue Model
Company Description
Lexington Gold Ltd specializes in the identification and advancement of gold mining ventures throughout the United States. The company's portfolio comprises four distinct projects, collectively encompassing roughly 1,550 acres within North and Sou...
Lexington Gold Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
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 | -428.04K | -969.93K | -833.00K | -621.05K | -708.00K | -1.02M |
| Net Income | -568.01K | -548.26K | -567.00K | 50.00K | -924.00K | -1.02M |
Balance Sheet | ||||||
| Total Assets | 17.84M | 16.83M | 16.44M | 18.23M | 5.05M | 4.76M |
| Cash, Cash Equivalents and Short-Term Investments | 845.00K | 328.12K | 855.00K | 2.62M | 424.00K | 953.00K |
| Total Debt | 0.00 | 479.17K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 418.00K | 631.23K | 727.00K | 1.06M | 95.00K | 106.00K |
| Stockholders Equity | 15.96M | 14.52M | 13.96M | 14.53M | 3.99M | 3.69M |
Cash Flow | ||||||
| Free Cash Flow | -1.82M | -1.87M | -1.82M | -1.22M | -1.48M | -1.94M |
| Operating Cash Flow | -1.03M | -1.04M | -935.00K | -729.00K | -684.00K | -678.00K |
| Investing Cash Flow | -773.49K | -809.64K | -895.00K | -780.00K | -792.00K | -1.26M |
| Financing Cash Flow | 1.95M | 1.16M | 0.00 | 3.79M | 969.00K | 0.00 |
Lexington Gold Technical Analysis
Negative
2.70
Price Trends
2.70
Negative
2.96
Negative
3.32
Negative
Market Momentum
-0.12
Positive
11.45
Positive
17.39
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:LEX, the sentiment is Negative. The current price of 2.7 is above the 20-day moving average (MA) of 2.57, below the 50-day MA of 2.70, and below the 200-day MA of 3.32, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 11.45 is Positive, neither overbought nor oversold. The STOCH value of 17.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:LEX.
Lexington Gold Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
50 Neutral | £13.71M | 15.15 | 6.50% | ― | ― | ― | |
44 Neutral | £12.95M | -9.25 | -10.35% | ― | -100.00% | 22.73% | |
44 Neutral | £7.47M | -37.64 | -0.55% | ― | ― | 77.01% | |
43 Neutral | £10.90M | -23.43 | -3.73% | ― | ― | 16.67% | |
43 Neutral | £6.37M | -3.88 | -23.57% | ― | ― | ― | |
43 Neutral | £7.02M | -5.82 | -12.39% | ― | ― | 86.31% |
* Basic Materials Sector Average
GB:LEX
Lexington Gold
2.30
-1.55
-40.26%
GB:ECR
ECR Minerals
0.16
-0.07
-29.55%
GB:ORR
Oriole Resources PLC
0.28
-0.02
-6.67%
GB:WSBN
Wishbone Gold
18.50
-108.50
-85.43%
GB:XTR
Xtract Resources
0.93
0.15
18.59%
GB:CGNR
Conroy Gold and Natural Resources
8.00
-2.50
-23.81%
Lexington Gold Corporate Events
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Lexington Gold boosts resources and pivots focus to South African projects
Positive
Sep 23, 2026
Lexington Gold reported steady interim results for the six months to 30 June 2026, highlighting a 53% increase in the JKL Project’s inferred resource in the U.S. to 323,500 ounces and regulatory progress at its flagship Jelani JV Project in ...
Business Operations and Strategy
Lexington Gold Expands Kroonstad Dataset Ahead of JORC Exploration Target
Positive
Sep 14, 2026
Lexington Gold has significantly expanded the historical drilling dataset for its Kroonstad Project in South Africa, engaging geological consultancy Shango Solutions to upgrade part of a historical 6.06–62.41 Moz gold grade-tonnage estimate ...
Business Operations and Strategy
Lexington Gold hires Shango Solutions to advance Kroonstad to JORC exploration target
Positive
Jul 8, 2026
Lexington Gold Ltd, a gold exploration and development company with projects in South Africa and the United States, is advancing its Witwatersrand Basin portfolio through systematic technical studies. Its South African interests, held via 74%-owne...
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Lexington Gold to Vend U.S. Projects into GoldOz Ahead of ASX Re‑listing
Positive
Jun 24, 2026
Lexington Gold has signed a binding agreement to sell 100% of Global Asset Resources, which holds its 51% stakes in three North Carolina gold projects, to GoldOz, forming the cornerstone of GoldOz’s planned re-listing on the ASX. In return, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.