Lancaster Resources acquires Quebec polymetallic project
- Investing.com
Pro
Metrics to compare | LCR | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipLCRPeersSector | |
|---|---|---|---|---|
P/E Ratio | −1.4x | −9.1x | 4.2x | |
PEG Ratio | −0.02 | 0.17 | 0.00 | |
Price/Book | −1.5x | 1.1x | 1.6x | |
Price / LTM Sales | - | 4.7x | 1.3x | |
Upside (Analyst Target) | - | 252.3% | 42.2% | |
Fair Value Upside | Unlock | −4.0% | 2.6% | Unlock |
Lancaster Resources Inc. engages in the exploration and development of energy transition metals in Canada and Australia. It primarily explores lithium, uranium, nickel-copper sulphide, polymetallic, and gold deposits. The company holds interests in the Lake Cargelligo Gold Project, located in the Cobar mining district of New South Wales, Australia; the Trans Taiga Lithium Project, located in the James Bay region of Quebec, Canada; and the Nelson Lake Copper Project, located in Saskatchewan, Canada. Lancaster Resources Inc. is based in Vancouver, Canada.