Lion One Metals Ltd. :LIO-CA: Earnings Analysis: Q2, 2017 By the Numbers

Lion One Metals Ltd. reports financial results for the quarter ended December 31, 2016.

Analysis

  • Summary numbers: Revenues of CAD 0 million, Net Earnings of CAD -0.56 million.
  • The company did not record any revenues for the last twelve months making the comparison of net margin versus asset turnover meaningless.
  • LIO-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 up this period to 33.31 million compared to 0.55 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%.
  • Of the 4 chosen peers for the company, only 3 of the stocks have an outstanding debt balance. Companies with no debt include HRC-CA.
  • Net income of -0.56 million this period compared to a net income of -0.72 million last period. This is a growth of 21.98% over the previous period. In comparison, the peer group grew at -57.32%

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Earnings Growth QOQ %
Cash & ST Investments

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Company Profile

Lion One Metals Ltd. engages in acquisition, exploration and development of mineral projects. Its current projects are Tuvatu Gold Project, Vanua Levu Exploration, Olary Creek Project. The company was founded on January 28, 2011 and is headquartered in North Vancouver, Canada.

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