TSX-V

Legacy Gold Mines Ltd.

LEGY.V•Basic Materials•Gold
Current Price
$0.80
Today's Change
+0.00%
Market Cap
$48.89M
Volume
3.00
🥇

Commodity Exposure

Gold

Current Price
$4,076.10/oz
-1.78% today
💡

Industry Context

Mining companies typically trade at 5-9x EV/EBITDA due to commodity price volatility. Gold price movements significantly impact profitability.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Legacy Gold Mines Ltd. focuses on acquiring, exploring, and developing mineral properties, particularly the Baner gold project. Key strengths include a strong liquidity position with a current ratio of 16.54 and no debt, indicating financial stability. However, concerns arise from negative returns on equity and assets, with ROE at -21.0% and ROA at -19.9%, reflecting operational challenges. The market cap of $48.89M at a price of $0.80 suggests a low valuation, which may indicate market skepticism about future growth prospects despite the company's solid asset base.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$1.30
52 Week Low$0.30
Avg Volume16.36K
Beta2.14
Shares Outstanding61.11M

🔥 Valuation

Market Cap$48.89M
Enterprise Value$46.27M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-1.6M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.2M over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 16.5x ensures operational stability.

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