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Added to YB: 2024-05-09

Pitch date: 2024-05-08

LVG.V [bullish]

Lake Victoria Gold Ltd.

Author Info

No bio for this author

Company Info

Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Tanzania.

Market Cap

CAD 20.3M

Pitch Price

CAD 0.19

Price Target

0.45 (+137%)

Dividend

N/A

EV/EBITDA

-5.75

P/E

-4.68

EV/Sales

N/A

Sector

Metals and Mining

Category

special_situation

Show full summary:
Lake Victoria Gold Ltd. - $LVG.V

LVG.V: Imwelo mine acquisition near complete, Barrick exploring surrounding claims. Valuing Imwelo at $0.12/sh, Tembo at $0.12/sh, Dora at $0.09/sh, Barrick deal at $0.14/sh, cash $0.05/sh for NAV of $0.45 (0.3x multiple, 8% discount rate). 150% upside. BUY.

Read full article (3 min)