Lake Victoria Gold Ltd.

Lake Victoria Gold Ltd.verified

LVG.V

Price:

$0.18

Market Cap:

$26.84M

Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Tanzania. The company primarily explores for gold deposits. Its flagship project is the Tembo gold property covering an area of 32 square kilometers located in the Lake Victoria goldfield district in northwest Tanzania. The company was formerly known as Tembo Gold Corp. and changed its name to Lake Victoria Gold Ltd. in December 2023. Lake Victoria Gold Ltd. was incorporated in 1937 and is based in Vancouver, Canada.

Industry

Gold

IPO Date

2012-08-02

Stock Exchange

TSXV

Ticker

LVG.V

The ROE as of December 2025 (TTM) for Lake Victoria Gold Ltd. (LVG.V) is -25.85%

According to Lake Victoria Gold Ltd.’s latest financial reports and current stock price. The company's current ROE is -25.85%. This represents a change of 247.34% compared to the average of -7.44% of the last 4 quarters.

Lake Victoria Gold Ltd. (LVG.V) Historical ROE (quarterly & annually)

How has LVG.V ROE performed in the past?

The mean historical ROE of Lake Victoria Gold Ltd. over the last ten years is -34.66%. The current -25.85% ROE has changed -25.41% with respect to the historical average. Over the past ten years (40 quarters), LVG.V's ROE was at its highest in in the March 2025 quarter at -4.29%. The ROE was at its lowest in in the December 2022 quarter at -29.92%.

Quarterly (TTM)
Annual

Average

-34.66%

Median

-37.05%

Minimum

-64.17%

Maximum

-0.03%

Lake Victoria Gold Ltd. (LVG.V) ROE by Quarter and Year

Discovering the peaks and valleys of Lake Victoria Gold Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 96.91%

Maximum Annual ROE = -0.03%

Minimum Annual Increase = -99.82%

Minimum Annual ROE = -64.17%

Quarterly (TTM)
Annual
YearROEChange
2024-64.17%36.57%
2023-46.99%-13.54%
2022-54.34%100.49%
2021-27.11%96.91%
2020-0.03%-99.82%

Lake Victoria Gold Ltd. (LVG.V) Average ROE

How has LVG.V ROE performed in the past?

The current ROE of Lake Victoria Gold Ltd. (LVG.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-55.17%

5-year avg

-38.53%

10-year avg

-34.66%

Lake Victoria Gold Ltd. (LVG.V) ROE vs. Peers

How is LVG.V’s ROE compared to its peers?

Lake Victoria Gold Ltd.’s ROE is greater than Sirios Resources Inc. (-1.25%), less than Rackla Metals Inc. (0%), greater than Gold Springs Resource Corp. (-2.58%), greater than Rise Gold Corp. (-119.25%), less than McFarlane Lake Mining Limited (3.11%), greater than Baru Gold Corporation (-330.95%), greater than Klondike Gold Corp. (-3.12%), less than Yorbeau Resources Inc. (28.00%), greater than Westward Gold Inc. (-16.79%), greater than Viva Gold Corp. (-128.62%),

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