Levon Resources Ltd. :LVN-CA: Earnings Analysis: Q3, 2017 By the Numbers

Levon Resources Ltd. reports financial results for the quarter ended December 31, 2016.

Analysis

  • Summary numbers: Revenues of CAD 0 million, Net Earnings of CAD -1.10 million.
  • The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.
  • LVN-CA‘s earnings and EBITDA are both negative which suggest that P/E or Price/EBITDA are not meaningful to make this analysis between operating advantage (ROE) and growth expectations (as suggested by P/E or P/EBITDA).
  • Cash and Cash equivalents were down this period to 12.48 million compared to 14.71 million in the same period last year.
  • We consider the company to have a Quick & Able profile as it currently does not have any debt. In comparison, the median level of debt as percent of enterprise value for its peer group is currently 0%.
  • All 4 peers for the company have an outstanding debt balance.
  • Net income of -1.10 million this period compared to a net income of -0.76 million last period. This is a growth of -44.98% over the previous period. In comparison, the peer group grew at -44.98%

Access our Ratings and Scores for Levon Resources Ltd.

Earnings Growth QOQ %
Cash & ST Investments

Access our Ratings and Scores for Levon Resources Ltd.

Company Profile

Levon Resources Ltd. operates as a gold and precious metals exploration company. It engages in the provision of acquisition, and development of mineral properties. The company is headquartered in Vancouver, Canada.

CapitalCube does not own any shares in the stocks mentioned and focuses solely on providing unique fundamental research and analysis on approximately 50,000 stocks and ETFs globally. Try any of our analysis, screener or portfolio premium services free for 7 days. To get a quick preview of our services, check out our free quick summary analysis of LVN-CA.