What is Lion Copper & Gold Corp's earnings per share (EPS)?

Lion Copper & Gold Corp (LCGMF) reported diluted earnings per share of $0.03 for fiscal year 2025. This represents a 400.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Lion Copper & Gold Corp Financials

LCGMF

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Lion Copper & Gold Corp (LCGMF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LCGMF FY2025 2026-05-15

External financing is funding asset buildout and ongoing burn, making reported profit a weaker guide than cash movement.

FY2025 produced positive net income of $4.4M even as the company posted a deeper operating loss of -$16.7M, which means the year’s profit did not come from the core operating line. The same year still used negative operating cash flow of -$13.2M while financing inflows reached $36.3M, so balance-sheet growth was funded externally rather than by internally generated cash.

The balance sheet became less leveraged in FY2025, with assets at $29.5M against liabilities of $6.1M, but that stronger capital structure did not translate into near-term liquidity. Current ratio fell to 0.5x and cash ended at $2.4M, implying much of the new capital was converted into less-liquid assets rather than held as cash.

Across FY2023-FY2025, financing cash flow stayed positive while operating cash flow was negative in two of the three years, which is the pattern of a business still being funded rather than self-funding. Because liabilities fell to $6.1M while shares outstanding rose above 413M, the funding mix appears to have shifted more toward equity-backed capital than added debt.

Financial Health Signals

Financial Profile 17/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Lion Copper & Gold Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Lion Copper & Gold Corp carries a low D/E ratio of 0.26, meaning only $0.26 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Lion Copper & Gold Corp's current ratio of 0.48 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Returns

Lion Copper & Gold Corp generates a 18.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -50.4% the prior year.

Piotroski F-Score Weak

2/9

Lion Copper & Gold Corp passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

-3.00x

For every $1 of reported earnings, Lion Copper & Gold Corp generates $-3.00 in operating cash flow (-$13.2M OCF vs $4.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-238.0x

Lion Copper & Gold Corp earns $-238.0 in operating income for every $1 of interest expense (-$16.7M vs $70K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$4.4M

YoY+192.4%

Lion Copper & Gold Corp reported $4.4M in net income in fiscal year 2025. This represents an increase of 192.4% from the prior year.

EPS (Diluted)

$0.03

YoY+400.0%

Lion Copper & Gold Corp earned $0.03 per diluted share (EPS) in fiscal year 2025. This represents an increase of 400.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$2.4M

YoY-70.4%

Lion Copper & Gold Corp held $2.4M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

413M

YoY+0.5%

Lion Copper & Gold Corp had 413M shares outstanding in fiscal year 2025. This represents an increase of 0.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

18.7%

YoY+69.2pp

Lion Copper & Gold Corp's ROE was 18.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 69.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

LCGMF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$10.1M+100.8%	$5.0M+601.3%	$715K+410.7%	$140K+141.4%	$58K
Operating Income	-$16.7M-336.8%	-$3.8M+19.6%	-$4.7M-11.5%	-$4.3M+36.0%	-$6.7M
Interest Expense	$70K-69.3%	$228K-47.2%	$432K+200.0%	$144K	$0
Income Tax	$0	$0	$0	$0	$0
Net Income	$4.4M+192.4%	-$4.7M+19.8%	-$5.9M-206.6%	-$1.9M+70.1%	-$6.4M
EPS (Diluted)	$0.03+400.0%	$-0.01+50.0%	$-0.02-100.0%	$-0.01+66.7%	$-0.03

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$959K	N/A	$240K+120.2%	$109K-92.2%	$1.4M	N/A	$177K+7.9%	$164K
Operating Income	-$135K	N/A	-$6.0M-877.1%	-$617K+57.2%	-$1.4M	N/A	-$757K-17.4%	-$645K
Interest Expense	$80K	N/A	$57K	N/A	$5K	N/A	$48K+2.1%	$47K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$6.4M	N/A	-$6.3M-275.7%	-$1.7M+27.4%	-$2.3M	N/A	-$363K+69.1%	-$1.2M
EPS (Diluted)	$-0.02	N/A	$-0.01	$0.00+100.0%	$-0.01	N/A	$0.00	$0.00

LCGMF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$29.5M+71.9%	$17.1M+52.2%	$11.3M+3.9%	$10.8M+39.9%	$7.7M
Current Assets	$2.9M-63.8%	$8.1M+238.9%	$2.4M+67.1%	$1.4M+60.3%	$891K
Cash & Equivalents	$2.4M-70.4%	$8.0M+246.3%	$2.3M+69.2%	$1.4M+62.1%	$842K
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.1M-21.4%	$7.7M+47.7%	$5.2M+35.8%	$3.9M+173.0%	$1.4M
Current Liabilities	$6.1M-21.4%	$7.7M+47.7%	$5.2M+164.1%	$2.0M+40.4%	$1.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$23.4M+148.8%	$9.4M+56.2%	$6.0M-13.8%	$7.0M+10.2%	$6.3M
Retained Earnings	-$115.8M+11.3%	-$130.6M-3.1%	-$126.7M-4.0%	-$121.8M-1.5%	-$120.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$55.5M+88.4%	$29.5M+82.1%	$16.2M+27.4%	$12.7M-16.8%	$15.3M-10.9%	$17.1M+19.6%	$14.3M-17.0%	$17.3M
Current Assets	$32.4M+1009.3%	$2.9M-60.2%	$7.3M+95.0%	$3.8M-41.4%	$6.4M-20.5%	$8.1M+44.0%	$5.6M-33.8%	$8.5M
Cash & Equivalents	$32.4M+1272.2%	$2.4M-66.5%	$7.0M+97.9%	$3.6M-43.8%	$6.3M-20.8%	$8.0M+45.8%	$5.5M-34.0%	$8.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$31.8M+422.0%	$6.1M-29.4%	$8.6M+56.0%	$5.5M-16.6%	$6.6M-14.5%	$7.7M+28.1%	$6.0M-33.6%	$9.1M
Current Liabilities	$31.8M+422.0%	$6.1M	N/A	N/A	N/A	$7.7M+28.3%	$6.0M-33.5%	$9.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$23.8M+1.7%	$23.4M+209.1%	$7.6M+5.3%	$7.2M-17.0%	$8.6M-8.0%	$9.4M+13.4%	$8.3M+1.5%	$8.2M
Retained Earnings	-$122.2M-5.5%	-$115.8M+15.5%	-$137.1M-2.7%	-$133.5M-1.0%	-$132.2M-1.2%	-$130.6M-0.5%	-$129.9M0.0%	-$129.9M

LCGMF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	-$13.2M-434.0%	$3.9M+265.0%	-$2.4M-33.8%	-$1.8M+67.5%	-$5.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$28.7M-13575.7%	-$210K+40.2%	-$351K+36.6%	-$554K-140.9%	$1.4M
Financing Cash Flow	$36.3M+1752.3%	$2.0M-46.9%	$3.7M+28.7%	$2.9M-33.2%	$4.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$29.6M+818.0%	-$4.1M-6.0%	-$3.9M-39.6%	-$2.8M-18.0%	-$2.4M-206.0%	$2.2M+180.3%	-$2.8M+24.2%	-$3.7M
Capital Expenditures	$39K	N/A	N/A	N/A	$0	N/A	N/A	N/A
Free Cash Flow	$29.6M	N/A	N/A	N/A	-$2.4M	N/A	N/A	N/A
Investing Cash Flow	-$39K+99.9%	-$28.5M	$0+100.0%	-$225K	$0	$0+100.0%	-$55K	$0
Financing Cash Flow	$497K-98.2%	$27.9M+278.6%	$7.4M+2974.2%	$240K-65.5%	$696K+145.1%	$284K	$0-100.0%	$1.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

LCGMF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	18.7%+69.2pp	-50.4%+47.8pp	-98.2%-70.6pp	-27.6%+74.2pp	-101.8%
Return on Assets	14.9%+42.5pp	-27.7%+24.8pp	-52.5%-34.7pp	-17.8%+65.4pp	-83.2%
Current Ratio	0.48-0.6	1.04+0.6	0.46-0.3	0.72+0.1	0.63
Debt-to-Equity	0.26-0.6	0.82-0.0	0.87+0.3	0.55+0.3	0.22
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-26.9%	N/A	-83.5%-60.1pp	-23.4%+3.4pp	-26.8%	N/A	-4.4%+10.0pp	-14.4%
Return on Assets	-11.5%	N/A	-39.1%-25.8pp	-13.2%+1.9pp	-15.2%	N/A	-2.5%+4.3pp	-6.8%
Current Ratio	1.02+0.5	0.48	N/A	N/A	N/A	1.04+0.1	0.930.0	0.94
Debt-to-Equity	1.34+1.1	0.26-0.9	1.14+0.4	0.770.0	0.77-0.1	0.82+0.1	0.73-0.4	1.11
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.48), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Lion Copper & Gold Corp profitable?

Yes, Lion Copper & Gold Corp (LCGMF) reported a net income of $4.4M in fiscal year 2025.

What is Lion Copper & Gold Corp's return on equity (ROE)?

Lion Copper & Gold Corp (LCGMF) has a return on equity of 18.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Lion Copper & Gold Corp's operating cash flow?

Lion Copper & Gold Corp (LCGMF) generated -$13.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Lion Copper & Gold Corp's total assets?

Lion Copper & Gold Corp (LCGMF) had $29.5M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Lion Copper & Gold Corp have outstanding?

Lion Copper & Gold Corp (LCGMF) had 413M shares outstanding as of fiscal year 2025.

What is Lion Copper & Gold Corp's current ratio?

Lion Copper & Gold Corp (LCGMF) had a current ratio of 0.48 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Lion Copper & Gold Corp's debt-to-equity ratio?

Lion Copper & Gold Corp (LCGMF) had a debt-to-equity ratio of 0.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Lion Copper & Gold Corp's return on assets (ROA)?

Lion Copper & Gold Corp (LCGMF) had a return on assets of 14.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Lion Copper & Gold Corp's cash runway?

Based on fiscal year 2025 data, Lion Copper & Gold Corp (LCGMF) had $2.4M in cash against an annual operating cash burn of $13.2M. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Lion Copper & Gold Corp's Piotroski F-Score?

Lion Copper & Gold Corp (LCGMF) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Lion Copper & Gold Corp's earnings high quality?

Lion Copper & Gold Corp (LCGMF) has an earnings quality ratio of -3.00x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Lion Copper & Gold Corp cover its interest payments?

Lion Copper & Gold Corp (LCGMF) has an interest coverage ratio of -238.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Lion Copper & Gold Corp?

Lion Copper & Gold Corp (LCGMF) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.