Laneway Resources Share Price and Company Fundamentals



Price
$0.004
Change
-0.001 (-20.000%)
52 week
0.003 - 0.011

Last traded: Yesterday at 5:28 AM

Laneway Resources Limited explores for, evaluates, and develops gold and coal tenements in Australia and New Zealand. The company holds 100% interests in the Agate Creek gold project covering an area of approximately 647 square kilometers located in north Queensland; and the New Zealand gold project, which comprises an exploration permit covering an area of 58 square kilometers in the Hauraki Goldfield. It also holds 100% interests in the Ashford coking coal project covering an area of 14 square kilometers located in New South Wales. The company was incorporated in 1986 and is based in Brisbane, Australia.

Key Metrics

PE ratio

-

PB ratio

1.33

Dividend yield

Beta

1.63

Market cap

$15.1M

Enterprise value

$20.36M

Company profile

Primary activitiesMinerals exploration in Australia.
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.lanewayresources.com.au
Mailing addressMatisse Towers Level 21 110 Mary Street Brisbane QLD 4000 Australia
Phone / Fax61 7 3108 3500 / 61 7 3108 3501
Share registryLINK MARKET SERVICES LIMITED

Dividends

Laneway Resources does not pay dividends.

Company Executives

As of May 2021, following are the company executives and directors listed on Laneway Resources.

NameTitleAgeTotal Pay
Mr. Stephen Grant Bizzell B.Comm, ACA, MAICDExec. Chairman52156k
Mr. Jonathan Paul Kershaw Marshall A.C.A., C.A., L.L.B., LLB, Grad.Dip., ACACompany Sec. & CFO58156k
Mr. Scott HallChief Operating Officer221.56k
Mr. Bradley Austin Gordon F Aus IMMCEO, MD & Exec. Director57

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

202,191,600.00%

Return on assets

-7.10%

Return on equity

-15.90%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Laneway Resources is 15.1M and its enterprise value is 20.36M. The enterprise value to revenue ratio of LNY is -20,358,096.00.

The LNY's stocks Beta value is 1.63 making it 63% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Laneway Resources (LNY)

Laneway Resources (ASX:LNY) Frequently Asked Questions

1. What is Laneway Resources's Stock Symbol?

Laneway Resources trades on ASX under the ticker symbol "LNY".

2. What is Laneway Resources's stock price today?

One share of LNY stock can currently be purchased for approximately $0.004.

3. How can I contact Laneway Resources?

Laneway Resources's mailing address is Matisse Towers Level 21 110 Mary Street Brisbane QLD 4000 Australia. The company can be reached via phone at 61 7 3108 3500.

4. What is Laneway Resources's official website?

The official website of Laneway Resources is http://www.lanewayresources.com.au.

5. Which share registry manages Laneway Resources's stock?

Laneway Resources's stock is managed by LINK MARKET SERVICES LIMITED.