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 | −1.7x | −11.1x | 4.5x | |
PEG Ratio | −0.03 | −0.02 | 0.00 | |
Price/Book | −2.2x | 1.3x | 1.6x | |
Price / LTM Sales | - | 0.0x | 1.3x | |
Upside (Analyst Target) | - | 241.1% | 35.4% | |
Fair Value Upside | Unlock | −9.6% | 1.0% | 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.