Laneway Resources Share Price and Company Fundamentals
Last traded: Today at 1:49 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.
|Primary activities||Minerals exploration in Australia.|
|Industry / Sector||Other Industrial Metals & Mining / Basic Materials|
|Mailing address||Matisse Towers Level 21 110 Mary Street Brisbane QLD 4000 Australia|
|Phone / Fax||61 7 3108 3500 / 61 7 3108 3501|
|Share registry||LINK MARKET SERVICES LIMITED|
Laneway Resources does not pay dividends.
As of Sep 2021, following are the company executives and directors listed on Laneway Resources.
|Mr. Stephen Grant Bizzell ACA, B.Comm, MAICD||Exec. Chairman||52||156k|
|Mr. Jonathan Paul Kershaw Marshall A.C.A., C.A., L.L.B., LLB, Grad.Dip., ACA||Company Sec. & CFO||58||156k|
|Mr. Scott Hall||Chief Operating Officer||221.56k|
|Mr. Bradley Austin Gordon F Aus IMM||CEO, MD & Exec. Director||57|
Profitability and management effectiveness
Return on assets
Return on equity
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 19.52M 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 1.76 making it 76% 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)
- Adbri (ABC)
- Alumina (AWC)
- Amcor Plc (AMC)
- Bhp Group (BHP)
- Bluescope Steel (BSL)
- Boral (BLD)
- Brickworks (BKW)
- CSR (CSR)
- Evolution Mining (EVN)
- Fletcher Building (FBU)
- Fortescue Metals Group (FMG)
- Gold Road Resources (GOR)
- IGO (IGO)
- Iluka Resources (ILU)
- Incitec Pivot (IPL)
- James Hardie Industries Plc (JHX)
- Lynas Rare Earths (LYC)
- Mineral Resources (MIN)
- Newcrest Mining (NCM)
- Northern Star Resources (NST)
- Nufarm (NUF)
- Orica (ORI)
- Orocobre (ORE)
- Orora (ORA)
- Oz Minerals (OZL)
- Perenti Global (PRN)
- Pilbara Minerals (PLS)
- Regis Resources (RRL)
- Resolute Mining (RSG)
- Rio Tinto (RIO)
- Sandfire Resources (SFR)
- Silver Lake Resources (SLR)
- Sims (SGM)
- South32 (S32)
- St Barbara (SBM)
- Western Areas (WSA)
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 $0.005.
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.