Added to YB: 2024-05-09
Pitch date: 2024-05-08
LVG.V [bullish]
Lake Victoria Gold Ltd.
+52.63%
current return
Author Info
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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 52.7M
Pitch Price
CAD 0.19
Price Target
0.45 (+55%)
Dividend
N/A
EV/EBITDA
-20.72
P/E
-12.58
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
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)