Livium (ASX:LIT) - Stock Price, News & Analysis

LIT Stock Overview

Lithium Australia Limited, together with its subsidiaries, engages in the mineral exploration and technology development activities.

About the company

LIT fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 0.2% per year over past 5 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap (A$26M)

Does not have meaningful revenue (A$7M)

Livium Ltd Competitors

FOS Capital

ASX:FOS

AU$19.6m

Rectifier Technologies

ASX:RFT

AU$11.1m

Energy Technologies

ASX:EGY

AU$13.1m

RedFlow

ASX:RFX

AU$25.6m

Price History & Performance

Summary of all time highs, changes and price drops for Livium
Historical stock prices
Current Share Price	AU$0.02
52 Week High	AU$0.036
52 Week Low	AU$0.018
Beta	1.31
11 Month Change	-9.09%
3 Month Change	-4.76%
1 Year Change	-35.48%
33 Year Change	-85.71%
5 Year Change	-41.18%
Change since IPO	-95.35%

Recent updates

Shareholder Returns

	LIT	AU Electrical	AU Market
7D	0%	9.5%	-0.5%
1Y	-35.5%	13.3%	19.4%

Return vs Industry: LIT underperformed the Australian Electrical industry which returned 13.3% over the past year.

Return vs Market: LIT underperformed the Australian Market which returned 19.4% over the past year.

Price Volatility

Is LIT's price volatile compared to industry and market?
LIT volatility
LIT Average Weekly Movement	8.9%
Electrical Industry Average Movement	8.8%
Market Average Movement	8.7%
10% most volatile stocks in AU Market	17.8%
10% least volatile stocks in AU Market	3.6%

Stable Share Price: LIT has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: LIT's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Simon Linge	lithium-au.com

Lithium Australia Limited, together with its subsidiaries, engages in the mineral exploration and technology development activities. It operates through Battery Recycling, Lithium Chemicals, and Battery Materials segments. The company researches and develops processing technologies for mixed-battery recycling, as well as sells recovered energy metals; and researches, develops, and produces battery materials, including lithium ferro phosphate and lithium manganese ferro phosphate.

Livium Ltd Fundamentals Summary

How do Livium's earnings and revenue compare to its market cap?
LIT fundamental statistics
Market cap	AU$26.03m
Earnings (TTM)	-AU$10.77m
Revenue (TTM)	AU$6.71m

3.9x

P/S Ratio

-2.4x

P/E Ratio

Is LIT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LIT income statement (TTM)
Revenue	AU$6.71m
Cost of Revenue	AU$4.49m
Gross Profit	AU$2.22m
Other Expenses	AU$12.99m
Earnings	-AU$10.77m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0083
Gross Margin	33.04%
Net Profit Margin	-160.43%
Debt/Equity Ratio	94.2%

How did LIT perform over the long term?

See historical performance and comparison

LIT Stock Overview

Rewards

Risk Analysis

Livium Ltd Competitors

ASX:FOS

AU$19.6m

ASX:RFT

AU$11.1m

ASX:EGY

AU$13.1m

ASX:RFX

AU$25.6m

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

Lithium Australia Limited, Annual General Meeting, Oct 29, 2024

Core Lithium Ltd (ASX:CXO) acquired 30% stake in Bynoe Lithium Project from Lithium Australia Limited (ASX:LIT).

Full year 2024 earnings released: AU$0.009 loss per share (vs AU$0.006 loss in FY 2023)

Lithium Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 7.700438 million.

Charger Metals NL (ASX:CHR) completed the acquisition of remaining 30% stake in Lake Johnston Lithium Project in Western Australia from Lithium Australia Limited (ASX:LIT).

Recent updates

New minor risk - Shareholder dilution

Lithium Australia Limited, Annual General Meeting, Oct 29, 2024

Core Lithium Ltd (ASX:CXO) acquired 30% stake in Bynoe Lithium Project from Lithium Australia Limited (ASX:LIT).

Full year 2024 earnings released: AU$0.009 loss per share (vs AU$0.006 loss in FY 2023)

Lithium Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 7.700438 million.

Charger Metals NL (ASX:CHR) completed the acquisition of remaining 30% stake in Lake Johnston Lithium Project in Western Australia from Lithium Australia Limited (ASX:LIT).

Charger Metals NL (ASX:CHR) entered into a binding agreement to acquire remaining 30% stake in Lake Johnston Lithium Project in Western Australia from Lithium Australia Limited (ASX:LIT) for AUD 2 million.

Lithium Australia Limited, Annual General Meeting, Nov 28, 2023

New major risk - Financial position

New major risk - Financial position

Full year 2023 earnings released: AU$0.006 loss per share (vs AU$0.02 loss in FY 2022)

New minor risk - Financial data availability

Lithium Australia Ltd Appoints Mr. Simon Linge to Board

New major risk - Share price stability

Eastern Resources Limited (ASX:EFE) completed the acquisition of 70% interest of Lepidolite Hill Lithium Project from Lithium Australia Limited (ASX:LIT).

Eastern Resources Limited (ASX:EFE) entered into a binding agreement to acquire Lepidolite Hill Lithium Project from Lithium Australia Limited (ASX:LIT) for AUD 0.55 million.

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.005 loss in 1H 2022)

Charger Metals NL (ASX:CHR) signed a binding agreement to acquire 30% stake in Lake Johnston Lithium Project from Lithium Australia Limited (ASX:LIT).

Galan Lithium Limited (ASX:GLN) executed a Binding Term Sheet to acquire remaining 20% interest in Greenbushes project from Lithium Australia Limited (ASX:LIT) for AUD 3 million.

Lithium Australia Limited to Report First Half, 2023 Results on Feb 28, 2023

Lithium Australia Limited, Annual General Meeting, Nov 29, 2022

Full year 2022 earnings released: AU$0.02 loss per share (vs AU$0.025 loss in FY 2021)

Lithium Australia Limited, Annual General Meeting, Oct 19, 2022

Lithium Australia Limited Appoints Simon Linge as CEO

Lithium Australia Limited Announces Executive Changes

Adrian Griffin Retires as Lithium Australia Limited's Managing Director

Lithium Australia NL (ASX:LIT) completed its final 10% acquisition of interest in Envirostream Australia Pty Ltd.

Lithium Australia NL (ASX:LIT) agreed to acquire Envirostream Australia Pty Ltd from Andrew Mackenzie for AUD 0.25 million.

Lithium Australia's Revolutionary Lithium-Extraction Technology Advances Towards Commercialisation

Full year 2021 earnings released: EPS AU$0.025 (vs AU$0.015 loss in FY 2020)

Lithium Australia NL announced that it has received AUD 0.409955 million in funding

Lithium Australia NL has completed a Follow-on Equity Offering in the amount of AUD 1.77495 million.

Charger Metals NL agreed to acquire Coates, Lake Johnston and Bynoe Projects from Lithium Australia NL (ASX:LIT) for AUD 2.02 million.

Lithium Australia Nl’S First-Generation Liena® Lithium Processing Technology Is Set to Be Grant A Patent from the European Patent Office

Lithium Australia Nl Announces That Envirostream's Micronutrient 2021 Field Trials Commence

Non-Executive Director recently bought AU$96k worth of stock

First half 2021 earnings released: AU$0.014 loss per share (vs AU$0.006 loss in 1H 2020)

Lithium Australia NL to Pilot Test its LieNA Spodumene Conversion Process

Lithium Australia NL Provides Micronutrient Field Trial Programme Summary

Independent Non-Executive Chairman recently sold AU$346k worth of stock

Independent Non-Executive Chairman exercised options and sold AU$122k worth of stock

Independent Non-Executive Chairman exercised options and sold AU$80k worth of stock

Independent Non-Executive Director has left the company

Lithium Australia NL Announces Board Changes

Galan Lithium Limited (ASX:GLN) completed the acquisition of 80% stake in Greenbushes South Lithium Project from Lithium Australia NL (ASX:LIT).

Galan Lithium Limited (ASX:GLN) entered into an agreement to acquire 80% stake in Greenbushes project from Lithium Australia NL (ASX:LIT) for AUD 0.46 million.

Lithium Australia Appoints Ms. Kristie Young as an Independent Non-Executive Director

VSPC­ Developing the `Safe' Lithium-Ion Battery

Lithium Australia NL, Annual General Meeting, Dec 18, 2020

Venus Metals Corporation Limited (ASX:VMC) acquired Tenements E70/5315 and E70/5316 from Lithium Australia NL (ASX:LIT) for AUD 0.02 million.

Full year earnings released - AU$0.015 loss per share

Lithium Australia NL Announces Exploration Milestones in Western Australia

Focus Minerals Ltd and Lithium Australia NL Agree to Terminate the Coolgardie Rare Metals Venture

Metal Hawk Limited acquired nickel and gold rights at Emu Lake Tenement from Lithium Australia NL (ASX:LIT) for AUD 0.06 million.

Lithium Australia NL has completed a Follow-on Equity Offering in the amount of AUD 4.5 million.

Lithium Australia NL announced that it expects to receive AUD 4 million in funding

Shareholder Returns

Price Volatility

About the Company

VSPC Developing the `Safe' Lithium-Ion Battery