Lake Victoria Gold Ltd
Lake Victoria Gold Ltd is a Canadian-based gold mining company that operates in the mineral resources sector, generating revenue primarily through the extraction and sale of gold.
Business. Lake Victoria Gold Ltd (LVG.V) is a gold mining company operating within the Basic Materials sector. The firm is primarily listed on the TSX Venture Exchange. Specific details regarding its operating segments and geographic presence are not available.
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1 analysts · consensus BuyAt a glance
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- Macro
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
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Lake Victoria Gold Ltd (LVG.V) is a gold mining company operating within the Basic Materials sector. The firm is primarily listed on the TSX Venture Exchange. Specific details regarding its operating segments and geographic presence are not available.
Lake Victoria Gold Ltd has a market capitalization of CAD 57.85 million and a price-to-book ratio of 9.8, indicating that the market is valuing the company at a premium to its book value. The company's liquidity position is characterized by a current ratio of 0.32, suggesting that it has insufficient short-term assets to cover its short-term liabilities. Additionally, the company has a negative operating cash flow of CAD -366,150 and a free cash flow of CAD -1,966,840, which indicates that it is not generating sufficient cash from operations to fund its activities or pay dividends.
The company's profitability is weak, with a net loss of CAD 1,737,740 and an operating loss of CAD 1,745,680 in the latest reporting period. Its return on equity (ROE) is -29.44%, and its return on assets (ROA) is -23.56%, both of which are significantly below the industry median for gold mining companies. The company's debt-to-equity ratio is 0.09, indicating a relatively low level of leverage compared to its equity base.
Lake Victoria Gold Ltd's revenue is concentrated in a single business segment, gold mining, and its geographic exposure is primarily in Canada. The company does not disclose revenue by geographic region, but its operations are centered in the country where it is incorporated. This concentration increases the company's exposure to regional economic and regulatory risks.
The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the latest financial data. The company's capital expenditures of CAD -235,580 suggest that it is investing in its operations, but the negative value indicates that these expenditures are not being offset by cash inflows. The company's free cash flow is negative, which limits its ability to reinvest in growth opportunities or return value to shareholders.
The company's risk profile is characterized by medium liquidity risk and low dilution risk. The risk assessment highlights that the company has negative net cash after subtracting total debt, which could impact its ability to meet short-term obligations. The company's low dilution risk is supported by the absence of significant dilution sources in the latest financial data.
Recent events related to Lake Victoria Gold Ltd include the publication of its latest financial results, which show continued losses and negative cash flows. The company has not disclosed any material events or strategic initiatives in the latest reporting period. Analysts have provided a mean price target of CAD 0.50, with a strong buy recommendation, indicating that the market expects the company's stock to outperform in the near term.
- Lake Victoria Gold Ltd is a gold mining company with a market capitalization of CAD 57.85 million and a price-to-book ratio of 9.8.
- The company is experiencing significant losses, with a net loss of CAD 1,737,740 and an operating loss of CAD 1,745,680 in the latest reporting period.
- The company's liquidity position is weak, with a current ratio of 0.32 and negative operating and free cash flows.
- The company's profitability metrics, including ROE and ROA, are significantly below the industry median for gold mining companies.
- The company's revenue is concentrated in a single business segment and geographic region, increasing its exposure to regional risks.
- Analysts have provided a strong buy recommendation with a mean price target of CAD 0.50, indicating positive expectations for the company's stock.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Operating income −9,0% YoY; Net income −10,4% YoY.
- ▍Operating income −9,0% YoY
- ▍Net income −10,4% YoY
- ▍Free cash flow +17,5% YoY
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- Lake Victoria Gold Ltd Market data — financials · 2026-05-28
- Lake Victoria Gold Ltd Market data — analyst estimates · 2026-05-28