Lake Victoria Gold Ltd (LVG) AI Stock Analysis

• Market Cap: C$28.88M
• Dividend Yield: N/A
• Average Volume (3M): 101.22K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.69
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Gold
• EPS (TTM): -0.04
• Shares Outstanding: 148,115,160
• 10 Day Avg. Volume: 122,847
• 30 Day Avg. Volume: 101,224
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: C$0.64
• Price Target Upside: 220.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

Lake Victoria Gold Ltd's overall stock score is primarily impacted by its weak financial performance, marked by zero revenue and consistent losses. Although there is some technical strength indicating short-term market interest, the negative valuation metrics such as the P/E ratio highlight significant risks. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Positive Factors

Financial Support

The financing involving Taifa Group at a significant premium to market enhances financial support for LVG.

Growth and Development

The announcement solidifies LVG’s long-term rights to the Imwelo Project, marking a major step towards the company's growth and development goals.

Project Development

With permits secured, the announcement reduces project development risk from a financing perspective.

Negative Factors

Market Price Discount

Monetary Metals will be entitled to an offtake of 100% of LVG’s authorized export production, up to 100,000oz, at a 2.0% discount to the market price.

Offtake Agreement

Monetary Metals will acquire gold from LVG at a predetermined discount, set at 99.7% of the London PM Fix price on the date of delivery.

Lake Victoria Gold Ltd Business Overview & Revenue Model

Company Description

Lake Victoria Gold Ltd (LVG) is a mining company focused on the exploration and production of gold resources in the Lake Victoria region of Tanzania. The company is engaged in the extraction of gold through its various mining operations and is committed to sustainable practices and responsible mining activities.

How the Company Makes Money

The company makes money primarily through the extraction and sale of gold. Its revenue model focuses on mining operations where gold is extracted from the earth, processed, and then sold in the form of gold bars or other gold products to various markets and buyers. LVG may also engage in partnerships with other mining companies or enter into joint ventures to enhance production capacity and share resources. Additionally, fluctuations in gold market prices and the company's efficiency in production and cost management play a significant role in its earnings.

Lake Victoria Gold Ltd Financial Statement Overview

Summary

Lake Victoria Gold Ltd faces significant financial challenges, particularly with zero revenue and consistent losses affecting its profitability and cash flows. While the balance sheet shows low leverage, the reliance on equity and external financing indicates potential financial instability. The company needs to address revenue generation and operational cash flow issues to improve its financial health.

Income Statement

Lake Victoria Gold Ltd has consistently reported zero revenue across all periods, indicating a lack of operational income generation. High negative EBIT and net income values further highlight the company's ongoing operational losses, impacting profitability severely. The company has shown no ability to grow its revenue, as evidenced by the repeated zero revenue figures.

Balance Sheet

The company's debt-to-equity ratio remains low due to limited debt, suggesting conservative leverage. However, the declining stockholders' equity and consistent losses are concerning. The equity ratio remains strong, indicating that assets are primarily financed by equity rather than debt, which provides some stability.

Cash Flow

Lake Victoria Gold Ltd has shown negative free cash flow, reflecting cash outflows exceeding inflows, which is unsustainable long-term. The operating cash flow remains negative, indicating challenges in generating cash from core operations. Although the company has managed to secure financing inflows, reliance on external financing is evident.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-29.49K	-27.59K	-25.13K	-26.89K	0.00
	EBIT
-2.35M	-2.17M	-1.91M	-1.72M	-208.90K
	EBITDA
-2.36M	-2.14M	-1.89M	-1.69M	-208.90K
	Net Income Common Stockholders
-2.94M	-3.30M	-1.90M	-1.73K	-517.92K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
627.11K	2.26M	650.48K	47.17K	3.59K
	Total Assets
7.43M	7.18M	7.58M	6.74M	6.29M
	Total Debt
345.20K	353.50K	44.00K	77.42K	144.00K
	Net Debt
-281.91K	-1.90M	-606.48K	30.24K	140.41K
	Total Liabilities
1.18M	1.12M	563.61K	563.81K	2.92M
	Stockholders Equity
6.26M	6.07M	7.02M	6.18M	3.38M
Cash Flow		Free Cash Flow
-4.07M	-7.05M	-1.64M	-1.77M	-271.73K
	Operating Cash Flow
-2.17M	-4.67M	-1.49M	-1.55M	-271.73K
	Investing Cash Flow
-1.90M	4.42M	-142.38K	-225.17K	0.00
	Financing Cash Flow
2.47M	2.14M	2.24M	1.81M	272.37K

Lake Victoria Gold Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LVG, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.17, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.42 is Neutral, neither overbought nor oversold. The STOCH value of 61.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LVG.

Lake Victoria Gold Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.95B	19.06	26.82%	―	77.93%	236.93%
WDO	78 Outperform	C$2.40B	17.66	27.15%	―	67.54%	―
Sector *	49 Neutral	$1.95B	-1.37	-21.20%	3.73%	0.84%	-29.84%
LVG	42 Neutral	C$28.88M	―	-73.95%	―	―	―

Lake Victoria Gold Ltd Corporate Events

Lake Victoria Gold Issues Shares for Debenture Interest

Lake Victoria Gold Ltd. plans to issue 223,768 common shares to settle $40,278.25 in interest on its convertible debentures, subject to TSX Venture Exchange approval. This move reflects the company’s strategy to manage its financial obligations while focusing on growth in the Lake Victoria Goldfield.

Lake Victoria Gold Secures Financing for Tanzanian Mine

Lake Victoria Gold Ltd. has signed a non-binding term sheet with Monetary Metals & Co. for a pre-paid forward purchase of 7,000 ounces of gold to aid the development of the Imwelo Mine in Tanzania. The agreement allows LVG to fund the mine’s construction without diluting shares, offering significant potential for shareholder value. This deal, along with existing financing, positions LVG to start production with substantial projected cash flow.

Lake Victoria Gold Secures Key License Renewal

Lake Victoria Gold Ltd. has secured a 10-year renewal and transfer of the Imwelo Mining License, bolstering its growth strategy in Tanzania’s Lake Victoria Goldfield region. The company is also in advanced funding negotiations to support the development of the Imwelo Project, aligning with its commitment to responsible mining and shareholder value.