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Leocor Gold
(LECR)
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Rating:55Neutral
Price Target:
C$0.28
▲(823.33% Upside)
Action:Reiterated
Date:10/01/26
The score is held back primarily by weak financial performance—zero reported revenue, ongoing negative EBIT, and persistent operating/free cash flow burn—despite a debt-free balance sheet and a recent TTM net income swing. Technicals are moderately supportive with the price above key moving averages, while valuation appears cheap on P/E but is less compelling given the underlying cash-flow and operating risks.
Positive Factors
Debt-Free Balance Sheet
The absence of reported debt reduces refinancing pressure and interest obligations, giving Leocor greater financial flexibility while it advances exploration projects. A debt-free structure also limits balance-sheet risk if commodity markets weaken or exploration results take longer to develop.
Negative Factors
No Reported Revenue
Zero reported revenue means Leocor has not demonstrated a recurring operating revenue stream from its exploration-focused business. Without established sales, future value depends heavily on advancing properties and securing financing or transactions rather than internally generated commercial income.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of reported debt reduces refinancing pressure and interest obligations, giving Leocor greater financial flexibility while it advances exploration projects. A debt-free structure also limits balance-sheet risk if commodity markets weaken or exploration results take longer to develop.
Read all positive factors
Leocor Gold (LECR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$13.51M
Dividend YieldN/A
Average Volume (3M)13.25K
Price to Earnings (P/E)0.8
Beta (1Y)0.64
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.34
Shares Outstanding50,042,480
10 Day Avg. Volume5,645
30 Day Avg. Volume13,247
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.23
Price to Sales (P/S)0.00
P/FCF Ratio-2.87
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
Leocor Gold Business Overview & Revenue Model
Company Description
Based in Vancouver, Canada, Leocor Gold Inc. is an exploration-stage company, originally incorporated in 2018 and known as Leocor Ventures Inc. until its name change in August 2020. The company's primary focus is the acquisition and exploration of...
How the Company Makes Money
Leocor Gold’s business model is typical of an early-stage mineral explorer: it generally does not generate stable operating revenue from selling gold because it is focused on exploration rather than production. Instead, value (and potential moneti...
Leocor Gold Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
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 | 1.84M | -1.61M | 862.71K | -280.29K | 17.09K | -2.34M |
| Net Income | 4.61M | -1.77M | -110.00K | -8.14M | -507.00K | -2.45M |
Balance Sheet | ||||||
| Total Assets | 9.26M | 8.52M | 9.55M | 7.25M | 15.44M | 15.22M |
| Cash, Cash Equivalents and Short-Term Investments | 5.35M | 4.76M | 6.87M | 3.81M | 5.50M | 9.18M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 592.35K | 460.80K | 339.60K | 215.29K | 525.68K | 634.93K |
| Stockholders Equity | 8.67M | 8.06M | 9.21M | 7.04M | 14.91M | 14.58M |
Cash Flow | ||||||
| Free Cash Flow | -243.08K | -648.33K | -383.51K | -1.69M | -3.84M | -3.65M |
| Operating Cash Flow | -1.14M | -648.33K | -383.51K | -85.19K | -731.76K | -1.92M |
| Investing Cash Flow | -166.23K | -1.20M | -3.13M | -1.61M | -3.11M | -1.68M |
| Financing Cash Flow | 5.23M | 615.83K | 2.25M | 0.00 | 159.70K | 10.62M |
Leocor Gold Technical Analysis
Positive
0.03
Price Trends
0.26
Positive
0.27
Positive
0.23
Positive
Market Momentum
<0.01
Negative
57.02
Neutral
53.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LECR, the sentiment is Positive. The current price of 0.03 is below the 20-day moving average (MA) of 0.25, below the 50-day MA of 0.26, and below the 200-day MA of 0.23, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 57.02 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LECR.
Leocor 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% | |
55 Neutral | C$13.51M | 0.81 | 38.32% | ― | ― | ― | |
43 Neutral | C$2.75M | -10.00 | -30.67% | ― | ― | 77.51% | |
42 Neutral | C$34.71M | -7.25 | 98.13% | 6.41% | ― | -382.47% | |
42 Neutral | C$3.48M | -2.24 | -208.79% | ― | ― | 6.54% |
* Basic Materials Sector Average
TSE:LECR
Leocor Gold
0.27
0.12
82.43%
TSE:XGC
Xali Gold Corp.
0.21
0.16
412.50%
TSE:GLD
GoldON Resources
0.04
-0.02
-27.27%
TSE:MASS
Masivo Silver Corp.
0.05
-0.16
-77.50%
TSE:FAS
First Andes Silver
0.07
-0.02
-17.65%
Leocor Gold Corporate Events
Business Operations and StrategyStock Split
Leocor Mining Plans 10-for-1 Share Consolidation to Boost Investor Appeal
Positive
Sep 4, 2026
Leocor Mining Inc., a junior precious metals explorer based in British Columbia, operates a portfolio of gold-copper projects in Atlantic Canada’s Baie Verte Mining District. Its holdings, assembled through ownership and earn-in agreements, ...
Business Operations and StrategyPrivate Placements and Financing
Leocor Mining Raises $2.5 Million in Rights Offering to Fund Baie Verte Exploration
Positive
Aug 27, 2026
Leocor Mining Inc. has closed its previously announced rights offering, issuing 250,212,402 common shares at $0.01 per share for gross proceeds of about $2.5 million. The financing substantially increases the company’s share count to 500,424...
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.