Labrador Gold Financials
| LAB Stock | CAD 0.06 0.01 8.33% |
Short Ratio 0.05 | Return On Equity (0.01) |
Labrador | Select Account or Indicator |
Understanding current and past Labrador Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Labrador Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Labrador Gold's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Labrador Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Labrador Gold Corp. Check Labrador Gold's Beneish M Score to see the likelihood of Labrador Gold's management manipulating its earnings.
Labrador Gold Stock Summary
Labrador Gold competes with Canadian General, Plaza Retail, Major Drilling, Orbit Garant, and MTY Food. Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. LABRADOR GOLD is traded on TSX Venture Exchange in Canada.| Foreign Associate | USA |
Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA50543R1091 |
| Business Address | The Canadian Venture |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.labradorgold.com |
| Phone | 416 704 8291 |
| Currency | CAD - Canadian Dollar |
You should never invest in Labrador Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Labrador Stock, because this is throwing your money away. Analyzing the key information contained in Labrador Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Labrador Gold Key Financial Ratios
There are many critical financial ratios that Labrador Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Labrador Gold Corp reports annually and quarterly.| EBITDA | (960.19 K) | ||||
| Net Income | (796.85 K) | ||||
| Total Asset | 50.45 M | ||||
| Retained Earnings | (17.43 M) |
Labrador Gold Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 13.8M | 46.4M | 50.8M | 50.5M | 58.0M | 60.9M | |
| Other Current Liab | 292.8K | 198.3K | 44.9K | 1.1M | 1.3M | 1.4M | |
| Net Tangible Assets | 6.6M | 13.6M | 44.8M | 48.9M | 56.3M | 59.1M | |
| Retained Earnings | (12.7M) | (15.5M) | (16.6M) | (17.4M) | (15.7M) | (16.5M) | |
| Cash | 6.3M | 33.2M | 21.4M | 10.1M | 11.6M | 10.0M | |
| Net Receivables | 73.1K | 456.1K | 559.6K | 482.3K | 554.7K | 582.4K | |
| Total Liab | 240.8K | 1.6M | 1.9M | 1.8M | 2.1M | 2.2M | |
| Total Current Assets | 6.5M | 33.8M | 22.0M | 10.6M | 12.2M | 10.3M | |
| Common Stock | 16.2M | 23.6M | 55.5M | 61.1M | 70.3M | 73.8M | |
| Net Invested Capital | 13.6M | 44.8M | 48.9M | 48.6M | 55.9M | 58.7M | |
| Net Working Capital | 6.2M | 32.2M | 21.1M | 9.6M | 11.1M | 11.1M | |
| Accounts Payable | 198.3K | 194.4K | 473.3K | 924.2K | 1.1M | 1.1M | |
| Capital Stock | 23.6M | 55.5M | 61.1M | 61.5M | 70.7M | 42.8M |
Labrador Gold Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Selling General Administrative | 2.1M | 1.7M | 796.5K | 724.0K | 832.6K | 940.3K | |
| Operating Income | (2.1M) | (1.7M) | (1.3M) | (1.3M) | (1.2M) | (1.2M) | |
| Net Income From Continuing Ops | (2.0M) | (2.7M) | (1.2M) | (796.9K) | (717.2K) | (753.0K) | |
| Ebit | (573.8K) | (2.1M) | (4.2M) | (1.2M) | (1.1M) | (1.2M) | |
| Total Operating Expenses | 2.1M | 1.7M | 1.3M | 1.3M | 1.5M | 1.1M | |
| Income Before Tax | (2.0M) | (2.7M) | (201.2K) | (962.6K) | (866.4K) | (909.7K) | |
| Total Other Income Expense Net | 35.6K | (1.0M) | 1.1M | 330.5K | 380.1K | 399.1K | |
| Net Income Applicable To Common Shares | (569.6K) | (2.0M) | (2.7M) | (1.2M) | (1.1M) | (1.1M) | |
| Net Income | (2.0M) | (2.7M) | (1.2M) | (796.9K) | (717.2K) | (753.0K) |
Labrador Gold Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (886.3K) | (6.6M) | (14.7M) | (11.0M) | (9.9M) | (9.4M) | |
| Change In Cash | 5.9M | 26.9M | (11.9M) | (11.3M) | (10.1M) | (9.6M) | |
| Capital Expenditures | 886.3K | 6.6M | 14.7M | 11.0M | 12.6M | 13.2M | |
| Net Income | (2.0M) | (2.7M) | (1.2M) | (796.9K) | (717.2K) | (753.0K) | |
| End Period Cash Flow | 6.3M | 33.2M | 21.4M | 10.1M | 11.6M | 10.0M | |
| Change To Netincome | 352.0K | 1.4M | (540.4K) | (160.7K) | (144.6K) | (137.4K) | |
| Free Cash Flow | (1.5M) | (7.6M) | (3.8M) | (11.4M) | (10.3M) | (9.8M) |
Labrador Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Labrador Gold's current stock value. Our valuation model uses many indicators to compare Labrador Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Labrador Gold competition to find correlations between indicators driving Labrador Gold's intrinsic value. More Info.Labrador Gold Corp is rated third overall in return on equity category among its peers. It is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Labrador Gold's earnings, one of the primary drivers of an investment's value.Labrador Gold Corp Systematic Risk
Labrador Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Labrador Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Labrador Gold Corp correlated with the market. If Beta is less than 0 Labrador Gold generally moves in the opposite direction as compared to the market. If Labrador Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Labrador Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Labrador Gold is generally in the same direction as the market. If Beta > 1 Labrador Gold moves generally in the same direction as, but more than the movement of the benchmark.
Labrador Gold Corp Total Assets Over Time
Labrador Gold November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Labrador Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Labrador Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Labrador Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Labrador Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Labrador Gold's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 26.79 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Additional Tools for Labrador Stock Analysis
When running Labrador Gold's price analysis, check to measure Labrador Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.