Home / Going-concern warnings / LIBERTY STAR URANIUM & METALS CORP.
Filed 2025-05-01 路 Form 10-K 路 Accession 0001641172-25-008127 nano
Price before filing: $0.1099 (2025-04-30 close, split/dividend-adjusted)
Market cap at flag: $7.6M (2025-05-01) 路 Latest: $2.4M (2026-10-16)
| Window | LBSR | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -31.7% | +6.9% | -38.6% | 2025-06-02 |
| 90 days | -31.7% | +14.8% | -46.5% | 2025-07-30 |
| 180 days | -27.2% | +24.6% | -51.8% | 2025-10-28 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 4 insiders bought $326K (4 purchases)
30 days after: 2 insiders bought $255K (2 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-03-04 | O'HEERON PETE COB, Secretary, Treasurer, Director, 10% owner | Purchase | 3,080,670 | $0.09 | $277K | no | Form 4 |
| 2025-03-05 | Elmasri Saleem Director | Purchase | 166,667 | $0.09 | $15K | no | Form 4 |
| 2025-03-05 | MADARIS PATRICIA CFO & VP Finance/Acting CEO | Purchase | 268,243 | $0.09 | $24K | no | Form 4 |
| 2025-03-06 | Hemmerly Nicholas H. Director | Purchase | 111,111 | $0.09 | $10K | no | Form 4 |
| 2025-05-01: red flag filed | |||||||
| 2025-05-06 | MADARIS PATRICIA CFO & VP Finance/Acting CEO | Purchase | 154,853 | $0.12 | $18K | no | Form 4 |
| 2025-05-27 | O'HEERON PETE COB, Secretary, Treasurer, Director, 10% owner | Purchase | 3,190,718 | $0.07 | $237K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-31 to 2025-05-31. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As discussed in Note 3 to the accompanying financial statements, the Company has not yet generated any significant revenue, has incurred recurring losses from operations, generated negative cash flows from operating activities and had an accumulated deficit that raise substantial doubt about the Company's ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Going-concern opinion issued by: M&K CPAS, PLLC
Source: independent auditor report in Form 10-K (period 2025-01-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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