Added to YB: 2024-06-28
Pitch date: 2024-06-27
LVG.V [bullish]
Lake Victoria Gold Ltd.
-2.56%
current return
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 0.20
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
Lake Victoria Gold – Making Progress on Imwelo
LVG.V: Imwelo acquisition nearing completion with tax assessment received. TAIFA's 2nd investment tranche imminent. Barrick exploring nearby Tembo licenses. $0.45 PT (137% upside). Valuation: Imwelo $0.12/sh, Tembo $0.11/sh, Dora $0.09/sh, Barrick deal $0.14/sh, cash $0.04/sh. 0.3x NAV, 8% discount rate. Catalysts: Imwelo close Q3/24, M&A, drill results, development milestones.
Read full article (2 min)