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Lake Victoria Gold Ltd (LVG) AI Stock Analysis
Lake Victoria Gold Ltd
(TSXV:LVG)
The score is primarily held back by weak financial performance (no revenue, recurring losses, and ongoing cash burn), with only partial support from a comparatively healthier balance sheet. Technical indicators add a positive offset due to clear trend strength, while valuation remains constrained because the negative P/E reflects lack of profitability and no dividend yield is provided.
Lake Victoria Gold Ltd (LVG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 69.88M
- Dividend Yield
- ―
- Average Volume (3M)
- 372.01K
- Price to Earnings (P/E)
- -14.1
- Beta (1Y)
- 0.74
- Revenue Growth
- ―
- EPS Growth
- -40.80%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Gold
Lake Victoria Gold Ltd Business Overview & Revenue Model
Company Description
Based in Vancouver, Canada, Lake Victoria Gold Ltd. is a junior mineral exploration entity, incorporated in 1937. This company, which adopted its current name in December 2023 after previously being known as Tembo Gold Corp., primarily acquires and d...
How the Company Makes Money
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Lake Victoria Gold Ltd Financial Statement Overview
Summary
Financial performance is weak overall: the company reports zero revenue and sustained net losses (worsening again on a TTM basis), alongside consistently negative operating cash flow and free cash flow that point to ongoing cash burn and external funding needs. The balance sheet is the main offset with low-to-moderate leverage and a stronger equity base, but rising debt in TTM and negative ROE keep financial strength constrained.
Income Statement
12Very NegativeBalance Sheet
58NeutralCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -15.82K | -22.41K | -33.35K | -29.49K | -27.59K | -25.13K |
| EBITDA | -4.50M | -3.29M | -3.02M | -2.88M | -2.14M | -1.89M |
| Net Income | -4.49M | -3.44M | -3.25M | -2.94M | -3.30M | -1.90M |
Balance Sheet | ||||||
| Total Assets | 21.71M | 18.50M | 8.90M | 7.43M | 7.18M | 7.58M |
| Cash, Cash Equivalents and Short-Term Investments | 3.32M | 1.87M | 31.39K | 627.11K | 2.26M | 650.48K |
| Total Debt | 3.08M | 1.02M | 1.00M | 345.20K | 353.50K | 44.00K |
| Total Liabilities | 4.53M | 2.10M | 3.84M | 1.18M | 1.12M | 563.61K |
| Stockholders Equity | 17.18M | 16.40M | 5.06M | 6.26M | 6.07M | 7.02M |
Cash Flow | ||||||
| Free Cash Flow | -6.36M | -4.22M | -782.49K | -4.07M | -7.05M | -1.64M |
| Operating Cash Flow | -5.68M | -4.22M | -775.96K | -2.17M | -4.67M | -1.49M |
| Investing Cash Flow | -1.22M | -1.40M | -884.08K | -1.90M | 4.42M | -142.38K |
| Financing Cash Flow | 10.02M | 7.46M | 1.06M | 2.47M | 2.14M | 2.24M |
Lake Victoria Gold Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LVG, the sentiment is Neutral. The current price of 0.34 is below the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.33, and above the 200-day MA of 0.30, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 49.84 is Neutral, neither overbought nor oversold. The STOCH value of 46.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:LVG.
Lake Victoria Gold Ltd Peers Comparison
Overall Rating
TSE:RPX50Neutral- TSE:LVG50Neutral
TSE:AMQ47Neutral
TSE:IVS47Neutral
TSE:GLDC39Underperform
TSE:LVX39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:RPX | 50Neutral | CAD 60.47M | -5.49 | -151.15% | ― | ― | 23.36% |
| TSE:LVG | 50Neutral | CAD 69.88M | -14.08 | -27.59% | ― | ― | -40.80% |
| TSE:AMQ | 47Neutral | CAD 88.22M | -57.00 | -5.82% | ― | ― | 46.24% |
| TSE:IVS | 47Neutral | CAD 49.77M | -18.29 | -369.23% | ― | ― | -18.27% |
| TSE:GLDC | 39Underperform | CAD 47.64M | -5.18 | -83.71% | ― | ― | 20.17% |
| TSE:LVX | 39Underperform | CAD 39.57M | -4.02 | -32.34% | ― | ― | -27.64% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:LVG | Lake Victoria Gold Ltd | 0.34 | 0.17 | 97.14% | |
| TSE:IVS | Inventus Mining | 0.23 | -0.06 | -22.41% | |
| TSE:GLDC | Margaux Resources | 0.29 | 0.02 | 7.27% | |
| TSE:RPX | Red Pine Exploration | 0.14 | -0.04 | -22.86% | |
| TSE:AMQ | Abitibi Metals Corp | 0.57 | 0.23 | 70.15% | |
| TSE:LVX | Leviathan Gold Ltd. | 0.34 | -0.16 | -32.00% |
Lake Victoria Gold Ltd Corporate Events
Lake Victoria Gold boosts Imwelo recoveries with new pretreatment route
PositiveLake Victoria Gold has identified attrition scrubbing followed by desliming as the preferred pretreatment route for clay-rich, near-surface ore at Area C of the Imwelo project, lifting 24-hour gold extraction from about 50% to more than 84% and impro...
Lake Victoria Gold Starts Land Compensation Programme Over Key Tembo Deposit
PositiveLake Victoria Gold has launched its first land valuation and compensation programme at the Tembo Gold Project in Tanzania, covering 111.32 acres over the Ngula 1 deposit across both its own MIPCCL licences and those held by partner Nyati Resources. T...
Lake Victoria Gold Advances Early Works at Imwelo Project in Tanzania
PositiveLake Victoria Gold has advanced early works at its fully permitted Imwelo Gold Project in Tanzania, completing initial repairs on the 14 km access road from Katoro to Imwelo and substantially finishing the construction camp that will convert into a p...
Lake Victoria Gold Hits High-Grade Shallow Gold at Imwelo as Metallurgical Work Advances
PositiveLake Victoria Gold reported high-grade, near-surface drill results from the Area C zone at its Imwelo Gold Project in Tanzania, with intercepts including 28.71 g/t gold over 2.75 metres and 12.20 g/t gold over 4.50 metres. These results, from shallow...
Lake Victoria Gold Unveils Maiden Resource at Tembo Adjacent to Barrick Mine
PositiveLake Victoria Gold has delivered a maiden NI 43-101 Mineral Resource Estimate for its 100%-owned Tembo Gold Project in Tanzania, immediately beside Barrick’s Bulyanhulu mine. The estimate outlines 480,100 ounces of Inferred resources and 99,700...
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.
Date of analysis: Oct 16, 2026