Blue Lagoon Resources Inc. (BLLG.CN) Stock

About Blue Lagoon Resources Inc.

Blue Lagoon Resources Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold deposits. The company holds 100% interests in the Dome Mountain project covering an area of 22,000 hectares located in the town of Smithers, northwest British Columbia. It also holds interest in the Pellaire gold project, which consists of 13 contiguous claims covering an area of 7119.69 hectares located in the Chilcotin range of south-central British Columbia. In addition, the company holds the Big Onion project, that includes 15 contiguous mineral claims covering an area of 4,810 hectares in northwest British Columbia. The company was formerly known as Blue Lagoon Capital Inc. and changed its name to Blue Lagoon Resources Inc. in December 2018. Blue Lagoon Resources Inc. was incorporated in 2017 and is based in Vancouver, Canada.

Blue Lagoon Resources Inc. (BLLG.CN) stock trades at $0.64 with a market capitalization of $96.05M. The stock is valued at a price-to-earnings (P/E) ratio of -12.80, price-to-book of 5.16, price-to-sales of 25.82. Over the past 52 weeks the stock has ranged between $0.45 and $1.10, and currently trades 41.8% below its 52-week high.

On profitability, Blue Lagoon Resources Inc. generates a return on equity (ROE) of -36.79%, an operating margin of -13.49%, a net profit margin of -183.11%.

Official website: bluelagoonresources.com