Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. The company owns a 100% interest in the Borden Lake property that covers an area of 1,598-hectares located in Chapleau, Ontario. It has an option to acquire 100% interest in the Ashuanipi property consisting of 1,564 Claims in 10 claim blocks covering an area of approximately 391 square kilometers located in Labrador, Quebec; the Kingsway property consisting of 264 claims in 3 licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in 5 licenses covering 249 square kilometers. The company was formerly known as Nikos Explorations Ltd. and changed its name to Labrador Gold Corp. in December 2017. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.
Buy
Sell