TSX-V

Lincoln Gold Mining Inc.

LMG.V•Basic Materials•Gold
Current Price
$0.38
Today's Change
+0.00%
Market Cap
$10.94M
Volume
19.00K
🥇

Commodity Exposure

Gold

Current Price
$4,018.20/oz
-1.04% today
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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 23, 2026, 03:00 PM

💡 Quick Take

Lincoln Gold Mining Inc. focuses on exploring and developing gold deposits in the United States, particularly at the Pine Grove property. However, the company faces significant concerns, including a negative return on assets of -20.6% and an extremely low current ratio of 0.02, indicating liquidity issues. The market cap of $10.94M suggests limited investor confidence, reflected in the stagnant share price of $0.38. Overall, while the gold sector holds potential, Lincoln Gold Mining's financial health raises red flags for prospective investors.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.97
52 Week Low$0.19
Avg Volume9.59K
Beta1.10
Shares Outstanding28.78M

🔥 Valuation

Market Cap$10.94M
Enterprise Value$13.15M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

🔴

Cash Runway Critical

Company has $73K in cash but burned $236K last quarter. At this burn rate, only 0.3 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-1.7M over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $1.4M is 19.7x the company's cash position of $73K.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $944K over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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