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Frankfurt Stock Exchange · Basic Materials

Invest in Lake Victoria Gold stock from India

Indian and foreign residents can buy Lake Victoria Gold (E1K) shares directly through Paasa.

By Paasa · Updated

Lake Victoria Gold at a glance

Price
€0.23+€0.01 (5.48%)
Market cap
€46.08M
Day range
€0.20 – €0.23
P/E
-14.39
Dividend yield
None
Volume
10.00K
1 month
+34.69%
6 months
+16.08%
YTD
+38.32%
1 year
+104.42%
5 years
+111.93%

Live chart and statistics

Lake Victoria Gold statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$0.0CA$0.0CA$0.0CA$0.0CA$0.0
Gross profit−CA$22.4K−CA$33.4K−CA$29.5K−CA$27.6K−CA$25.1K
Operating income−CA$3.4M−CA$3.1M−CA$2.4M−CA$2.2M−CA$1.9M
Net income−CA$3.4M−CA$3.2M−CA$2.9M−CA$3.3M−CA$1.9M
Earnings per share−CA$0.02−CA$0.03−CA$0.03−CA$0.03−CA$0.02
EBITDA−CA$3.4M−CA$3.1M−CA$2.9M−CA$995.7K−CA$1.9M
Total assetsCA$18.5MCA$8.9MCA$7.4MCA$7.2MCA$7.6M
Total debtCA$1.0MCA$1.0MCA$345.2KCA$353.5KCA$0.0
Cash and short-term investmentsCA$1.9MCA$31.4KCA$627.1KCA$2.3MCA$650.5K
Shareholders' equityCA$16.4MCA$5.1MCA$6.3MCA$6.1MCA$7.0M
Operating cash flow−CA$4.2M−CA$776.0K−CA$2.2M−CA$4.7M−CA$1.5M
Free cash flow−CA$4.2M−CA$1.5M−CA$4.1M−CA$4.7M−CA$1.6M
Capital expenditure−CA$2.8K−CA$752.0K−CA$1.9M−CA$34.9K−CA$142.4K

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
TRX GoldTRX.TOCA$1.70CA$556.71M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Lake Victoria Gold from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.

  3. Step 3

    Search E1K and buy

    Find Lake Victoria Gold by name or by its ticker, E1K, and place your order.

Why invest in Lake Victoria Gold from India

What Lake Victoria Gold does

Lake Victoria Gold Ltd. operates as a junior firm specializing in mineral exploration, focusing its efforts on the acquisition, assessment, and advancement of mineral-rich lands throughout Tanzania. The company's primary exploration endeavors are directed towards uncovering gold deposits. Lake Victoria Gold operates in the Gold industry within the Basic Materials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Lake Victoria Gold stock from India?

Yes. Indian residents and NRIs can buy Lake Victoria Gold (E1K) shares directly through Paasa. Lake Victoria Gold is listed on the Frankfurt Stock Exchange, in the Gold industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Lake Victoria Gold dividends taxed for Indian investors?

Lake Victoria Gold trades on the Frankfurt Stock Exchange but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Lake Victoria Gold shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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