Laneway Resources Limited explores for, evaluates, and develops gold and coal tenements in Australia and New Zealand. The company holds 100% interest in the Agate Creek gold project covering an area of approximately 1,034 square kilometers located in north Queensland; and the New Zealand gold project, which comprises an exploration permit covering an area of 58 square kilometers situated in the Hauraki Goldfield. It also holds interest in the Ashford coking coal project covering an area of 14 square kilometers located in New South Wales. Laneway Resources Limited was incorporated in 1986 and is based in Brisbane, Australia.
Research context
Laneway Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Metals & Mining
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5 years, 6 months ago
Laneway Resources Limited is currently in a long term downtrend where the price is trading 34.0% below its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.1.
Laneway Resources Limited's total revenue sank by 0.0% to $19M since the same quarter in the previous year.
Its net income has dropped by 169.6% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 916.8% to $-1M since the same quarter in the previous year.
Based on the above factors, Laneway Resources Limited gets an overall score of 1/5.