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Laurion Mineral Exploration
(LME)
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Rating:43Neutral
Price Target:
C$0.12
▼(-13.57% Downside)
Action:Reiterated
Date:08/22/26
The score is driven primarily by weak financial performance (no revenue, ongoing losses, and negative cash flow indicating continued cash burn and capital erosion risk). Technical indicators add further pressure, with price below key moving averages and negative MACD confirming a downtrend. Valuation provides only modest support because the negative P/E is not meaningful with losses and there is no dividend yield data.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet reduces interest obligations and refinancing exposure, giving Laurion greater flexibility than a leveraged explorer. This can preserve strategic options during weak operating periods, although it does not offset the company’s ongoing losses and cash consumption.
Negative Factors
No revenue and persistent losses
No reported revenue and persistent operating and net losses indicate that Laurion has not yet established a generating business from its exploration activities. Continued losses weaken earnings quality and leave future value dependent on project advancement or outside funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet reduces interest obligations and refinancing exposure, giving Laurion greater flexibility than a leveraged explorer. This can preserve strategic options during weak operating periods, although it does not offset the company’s ongoing losses and cash consumption.
Read all positive factors
Laurion Mineral Exploration (LME) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$36.74M
Dividend YieldN/A
Average Volume (3M)44.47K
Price to Earnings (P/E)―
Beta (1Y)-0.23
Revenue GrowthN/A
EPS Growth-76.24%
CountryCA
Employees2
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding282,626,680
10 Day Avg. Volume51,437
30 Day Avg. Volume44,474
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)11.37
Price to Sales (P/S)0.00
P/FCF Ratio-16.66
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
Laurion Mineral Exploration Business Overview & Revenue Model
Company Description
Laurion Mineral Exploration Inc., an enterprise founded in 1945 and based in Toronto, Canada, specializes in acquiring, exploring, and advancing mineral properties across Canada. The company primarily seeks gold deposits but also conducts explorat...
Laurion Mineral Exploration Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 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 | -5.37M | -5.40M | 761.35K | 288.82K | -140.34K | -29.91K |
| Net Income | -4.94M | -4.53M | -2.92M | -3.09M | -4.65M | -3.74M |
Balance Sheet | ||||||
| Total Assets | 6.32M | 7.07M | 10.19M | 9.36M | 9.21M | 9.92M |
| Cash, Cash Equivalents and Short-Term Investments | 5.91M | 6.79M | 6.08M | 6.51M | 7.47M | 6.86M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 491.72K | 325.48K | 623.34K | 487.20K | 107.85K | 198.95K |
| Stockholders Equity | 5.83M | 6.74M | 9.57M | 8.87M | 9.10M | 9.72M |
Cash Flow | ||||||
| Free Cash Flow | -4.87M | -4.60M | -3.38M | -3.07M | -4.44M | -3.59M |
| Operating Cash Flow | -4.87M | -4.60M | -3.38M | -3.07M | -4.44M | -3.59M |
| Investing Cash Flow | 73.29K | 31.94K | 25.83K | 12.32K | 48.16K | 0.00 |
| Financing Cash Flow | 2.30M | 1.50M | 4.12M | 3.00M | 3.79M | 10.62M |
Laurion Mineral Exploration Technical Analysis
Negative
0.14
Price Trends
0.14
Negative
0.16
Negative
0.19
Negative
Market Momentum
>-0.01
Positive
41.96
Neutral
52.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LME, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.96 is Neutral, neither overbought nor oversold. The STOCH value of 52.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LME.
Laurion Mineral Exploration Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | C$91.02M | -9.89 | -48.06% | ― | ― | 0.24% | |
47 Neutral | C$84.97M | -45.83 | -2.97% | ― | ― | ― | |
46 Neutral | C$46.70M | -9.13 | -139.98% | ― | ― | 26.32% | |
43 Neutral | C$36.74M | -7.30 | -78.24% | ― | ― | -76.24% | |
43 Neutral | C$24.51M | -2.15 | -30.37% | ― | ― | 57.73% | |
43 Neutral | C$186.80M | -3.89 | -64.67% | ― | ― | -56.24% |
* General Sector Average
TSE:LME
Laurion Mineral Exploration
0.13
-0.21
-61.76%
TSE:GWM
Galway Metals
0.84
0.16
23.53%
TSE:YGT
Gold Terra Resource
0.17
0.06
50.00%
TSE:GTCH
Getchell Gold Corp
0.23
-0.10
-30.30%
TSE:GPAC
Great Pacific Gold
0.13
-0.33
-72.53%
TSE:TECT
Tectonic Metals
1.37
0.44
47.31%
Laurion Mineral Exploration Corporate Events
Business Operations and Strategy
Laurion Expands Ishkōday Drilling After New Gold and Polymetallic Hits
Positive
Sep 23, 2026
Laurion Mineral Exploration reported new assay results from drill holes LBX26-109 and LBX26-110 in its 2026 Phase 1 diamond drilling program at the Ishkōday project in Northwestern Ontario. The latest holes returned multiple gold and polymeta...
Business Operations and StrategyRegulatory Filings and Compliance
Laurion Advances Environmental and Permitting Work at Ishkōday Gold Project
Positive
Sep 18, 2026
Laurion Mineral Exploration is progressing two complementary initiatives at the historical Sturgeon River Mine, aiming to recover minerals from a legacy surface waste rock stockpile and to prepare an advanced exploration program for the undergroun...
Business Operations and StrategyRegulatory Filings and Compliance
Laurion Expands Ishkōday Drilling and Advances Permitting After Correcting Zinc Grade Disclosure
Positive
Sep 1, 2026
Laurion Mineral Exploration has corrected an error in an earlier news release, clarifying that a previously cited interval at its Ishkōday Project graded 3.28% zinc over 5.35 metres rather than over six metres at more than 6% zinc. The compan...
Business Operations and Strategy
Laurion Taps ICP Securities for Algorithmic Market Making to Boost Share Liquidity
Positive
Aug 27, 2026
Laurion Mineral Exploration Inc., a Canadian mid-stage explorer focused on the Ishkōday Gold and Polymetallic Project in Northern Ontario, operates within prolific greenstone belts and has confirmed a substantial mineral system through extens...
Business Operations and StrategyRegulatory Filings and Compliance
Laurion Advances Ishkõday Drilling and Permitting Amid Push Toward Maiden Resource
Positive
Aug 7, 2026
Laurion Mineral Exploration reported progress on its 2026 Phase 1 diamond drilling program at the A-Zone of the Ishkõday project, having completed nine of twelve planned holes and considering an expansion of the program to about 5,000 metres....
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.