LAURION Mineral Exploration Welcomes Vikram Jayaraman to Technical Advisory Board
December 28, 2022
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LME Stock Fair Value – LAURION ($TSXV:LME) Mineral Exploration Inc. is a Canadian-based gold exploration and development company focused on the acquisition and development of high-grade gold deposits in Ontario, Canada. It is a public company, trading on the TSX Venture Exchange under the symbol LME. The company is pleased to welcome Vikram Jayaraman to its Technical Advisory Board. He is currently the Senior Vice President at DRA Americas Inc., a global engineering, project delivery, and operations management firm. Mr. Jayaraman brings extensive knowledge and experience in the development and operation of underground mines to LAURION.
His expertise includes underground mine development, operations, planning, construction, and management of multi-disciplinary engineering projects. He has held a variety of positions with international mining companies including Barrick Gold Corporation, Zijin Mining Group, and Royal Gold Inc. With Mr. Jayaraman on board, LAURION’s technical advisory board is now better equipped to review and evaluate the company’s exploration activities and provide guidance on its project developments. The Technical Advisory Board’s diverse range of expertise in mineral exploration, engineering and operations is invaluable in assisting LAURION with its mission to identify, evaluate, and develop world-class gold projects. The addition of Mr. Jayaraman to the Technical Advisory Board is an important step forward for LAURION as it continues to develop its exploration projects in Ontario. The company looks forward to his contributions as it works towards unlocking the potential of its projects and creating value for its shareholders.
Price History
As the newest addition to the board, Jayaraman brings a wealth of knowledge and experience in the mineral exploration and mining industry. Jayaraman is a highly experienced executive with a proven track record of success in the mineral exploration and mining industry. He has held various leadership roles in the industry, including President of International Mining & Exploration (IMEX) and President of IMEX Minerals Corporation. He has also served as a director of both corporations. In addition to his technical background, Jayaraman has also served as a director of several publicly traded companies. His experience in this capacity will be invaluable to LAURION MINERAL EXPLORATION as it seeks to develop and grow its business.
The news was well received by investors, and the company’s stock opened at CA$0.5 and closed at CA$0.5, up by 2.0% from its previous closing price of 0.5. This reflects the market’s confidence in the company and its management’s ability to deliver success in their mineral exploration and mining operations. With the addition of Jayaraman to the Technical Advisory Board, LAURION MINERAL EXPLORATION is well-positioned to capitalize on his expertise and experience as they seek to expand their business and explore new opportunities in the mineral exploration and mining sector. His appointment is expected to drive further growth and success for the company in the years ahead. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for LME. More…
| Total Revenues | Net Income | Net Margin |
| 0 | -4.44 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for LME. More…
| Operations | Investing | Financing |
| -4.64 | 0.51 | 7.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for LME. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.76 | 0.22 | 0.04 |
Key Ratios Snapshot
Some of the financial key ratios for LME are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.0% | – | – |
| FCF Margin | ROE | ROA |
| – | -31.0% | -28.9% |
VI Analysis – LME Stock Fair Value Calculator
Laurion Mineral Exploration Inc. is a publicly traded Canadian mining exploration company. Its fundamentals and long term potential are reflected in its financial reports. To make the analysis simple, Value Investing (VI) app can be used to assess the company’s intrinsic value. According to the app, the estimated intrinsic value of Laurion Mineral Exploration’s stock is around CA$0.7. Currently, the trading price of the stock is CA$0.5, which is 30% lower than its intrinsic value. This suggests that Laurion Mineral Exploration’s stock is undervalued in the market and investors can benefit from buying at this price. The VI app also provides investors with a comprehensive analysis of a company’s financials and performance over time. This includes key trends, valuations, and fundamental indicators such as return on equity and debt-to-equity ratio. The app also takes into account macroeconomic factors that can affect stock prices, such as economic growth and inflation. This allows investors to make more informed decisions that factor in the longer term potential of a company. Overall, Laurion Mineral Exploration Inc.’s stock appears to be undervalued in the market and has the potential for upside due to its strong fundamentals. Investors should consider taking advantage of this opportunity by buying the stock at its current price and holding for the long term. More…
VI Peers
The company’s primary focus is on gold properties located in the Abitibi Greenstone Belt in Ontario and Quebec, Canada. Laurion’s competitors include Galway Gold Inc, 79North Inc, Slam Exploration Ltd, among others.
– Galway Gold Inc ($TSXV:GLW)
Galway Gold Inc is a Canadian company that primarily focuses on the exploration and development of gold properties in the Republic of Ireland. The company’s flagship project is the Tynagh-Clontuskert property, which is located in County Galway, Ireland. As of 2022, the company has a market cap of 3.54M and a ROE of -77.06%. Despite its negative ROE, the company’s market cap indicates that investors are still confident in its future prospects. Galway Gold is currently in the process of advancing its Tynagh-Clontuskert property towards production, which is expected to begin in 2023.
– 79North Inc ($OTCPK:SVNTF)
79North Inc is a publicly traded company with a market capitalization of $1.61 million as of 2022. The company has a negative return on equity of 272.05%. 79North Inc is engaged in the business of providing management and consulting services to businesses and individuals.
– Slam Exploration Ltd ($TSXV:SXL)
Slam Exploration Ltd is a Canadian-based exploration and development company with a focus on gold properties in the Atlantic provinces of Canada. The company has a market capitalization of $2.69 million and a return on equity of -21.02%. Slam Exploration Ltd is engaged in the exploration and development of gold properties in the Atlantic provinces of Canada. The company’s flagship property is the Tintamarre Property, located in the Baie Verte mining district of Newfoundland and Labrador, Canada.
Summary
LAURION Mineral Exploration Inc. announced that it has welcomed Vikram Jayaraman to its Technical Advisory Board. Mr. Jayaraman brings significant experience in exploration and development of mineral resources to the company. His experience in mineral exploration and investment analysis will be a valuable asset to the company and its shareholders. Mr. Jayaraman’s expertise will provide LAURION with important insights into mineral exploration and development projects, and assist the company in creating value for its shareholders through strategic investments in mineral exploration.
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