Lake Victoria Gold Ltd.

Lake Victoria Gold Ltd. - ROEverified

LVG.V

Price:

$0.35

Market Cap:

$69.82M

Based in Vancouver, Canada, Lake Victoria Gold Ltd. is a junior mineral exploration entity, incorporated in 1937. This company, which adopted its current name in December 2023 after previously being known as Tembo Gold Corp., primarily acquires and develops mineral properties in Tanzania, with a dedicated focus on gold exploration. Its most significant asset is the 32-square-kilometer Tembo gold property, situated in the Lake Victoria goldfield district of northwest Tanzania.

Industry

Gold

IPO Date

2012-08-02

Stock Exchange

TSXV

Ticker

LVG.V

The ROE as of October 2026 (TTM) for Lake Victoria Gold Ltd. (LVG.V) is -27.59%

According to Lake Victoria Gold Ltd.’s latest financial reports and current stock price. The company's current ROE is -27.59%. This represents a change of 300.21% compared to the average of -6.89% 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 -32.70%. The current -27.59% ROE has changed -15.65% 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

-32.70%

Median

-27.11%

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
2025-20.95%-67.35%
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

-44.04%

5-year avg

-42.71%

10-year avg

-32.70%

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 TRX Gold Corporation (-26.91%),

CompanyROEMarket cap
-26.91%$527.23M

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