How does A11's PB Ratio compare to its peers?

A11 is expensive based on its Price-To-Book Ratio (4.3x) compared to the peer average (2.3x).

How does A11's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

A11 is expensive based on its Price-To-Book Ratio (4.3x) compared to the Australian Metals and Mining industry average (1.1x).

What is A11's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate A11's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of A11 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate A11's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Atlantic Lithium (ASX:A11) - Stock Price, News & Analysis

A11 Stock Overview

Engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. More details

A11 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$718K)

Does not have a meaningful market cap (A$78M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

+ 1 more risk

Atlantic Lithium Limited Competitors

Strandline Resources

ASX:STA

AU$138.9m

Hillgrove Resources

ASX:HGO

AU$121.5m

QPM Energy

ASX:QPM

AU$108.4m

Mayur Resources

ASX:MRL

AU$121.5m

Price History & Performance

Summary of all time highs, changes and price drops for Atlantic Lithium
Historical stock prices
Current Share Price	UK£0.23
52 Week High	UK£0.56
52 Week Low	UK£0.21
Beta	-0.031
11 Month Change	-11.76%
3 Month Change	-19.64%
1 Year Change	-56.73%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-61.21%

Recent updates

Shareholder Returns

	A11	AU Metals and Mining	AU Market
7D	7.1%	1.6%	0.9%
1Y	-56.7%	-10.8%	18.4%

Return vs Industry: A11 underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: A11 underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is A11's price volatile compared to industry and market?
A11 volatility
A11 Average Weekly Movement	13.5%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: A11's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: A11's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2007	n/a	Keith Muller	www.atlanticlithium.com.au

Atlantic Lithium Limited engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. It primarily explores for lithium deposits. The company’s flagship project is the Ewoyaa lithium project located in Ghana.

Atlantic Lithium Limited Fundamentals Summary

How do Atlantic Lithium's earnings and revenue compare to its market cap?
A11 fundamental statistics
Market cap	AU$150.98m
Earnings (TTM)	-AU$12.65m
Revenue (TTM)	AU$717.86k

210.3x

P/S Ratio

-11.9x

P/E Ratio

Is A11 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A11 income statement (TTM)
Revenue	AU$717.86k
Cost of Revenue	AU$0
Gross Profit	AU$717.86k
Other Expenses	AU$13.36m
Earnings	-AU$12.65m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.019
Gross Margin	100.00%
Net Profit Margin	-1,761.49%
Debt/Equity Ratio	0%

How did A11 perform over the long term?

See historical performance and comparison

A11 Stock Overview

Risk Analysis

Atlantic Lithium Limited Competitors

ASX:STA

AU$138.9m

ASX:HGO

AU$121.5m

ASX:QPM

AU$108.4m

ASX:MRL

AU$121.5m

Price History & Performance

Recent News & Updates

Price target decreased by 8.5% to AU$0.72

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.

New minor risk - Market cap size

Less than half of directors are independent

Recent updates

Price target decreased by 8.5% to AU$0.72

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited, Annual General Meeting, Nov 29, 2024

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.

New minor risk - Market cap size

Less than half of directors are independent

Atlantic Lithium Limited Announces Grant of Ewoyaa Lithium Mining Project EPA Permit

Atlantic Lithium Limited Announces New Dog-Leg Target Delivers Increase to Ewoyaa MRE

Atlantic Lithium Limited Provides Ewoyaa Lithium Project Update

Price target decreased by 8.7% to AU$0.73

Atlantic Lithium Limited Announces Appointment of Edward Nana Yaw Koranteng to It's Board of Directors as Independent Non-Executive Director

Atlantic Lithium Limited Announces Further Broad and High-Grade Assay Results from Resource Drilling Completed at the Ewoyaa Lithium Project in Ghana, West Africa

Price target decreased by 11% to AU$0.81

Less than half of directors are independent

Atlantic Lithium Limited Announces Multiple Broad and High-Grade Drill Intersections Resource Extension Drilling Results Ewoyaa Lithium Project, Ghana, West Africa

Minerals Income Investment Fund agreed to acquire 6% stake in Cape Coast Lithium Portfolio from Atlantic Lithium Limited (AIM:ALL) for $27.9 million.

Atlantic Lithium Limited Announces Board Changes

Atlantic Lithium Limited has completed a Follow-on Equity Offering in the amount of AUD 8 million.

Atlantic Lithium Limited Announces Maiden Feldspar Mineral Resource Estimate 15.7Mt At 40.2% Feldspar Ewoyaa Lithium Project, Ghana

Atlantic Lithium Limited Announces Multiple Broad Intervals of Visible Spodumene Has Been Observes in Drilling Outside of the Current Mineral Resource Estimate At Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Provides Project Development Update

Assore International Holdings Limited cancelled the acquisition of Remining shares of Atlantic Lithium Limited (AIM:ALL) from Piedmont Lithium Inc. (ASX:PLL) and others for AUD 290 million.

New minor risk - Share price stability

Forecast to breakeven in 2026

Forecast breakeven date pushed back to 2026

Atlantic Lithium Limited, Annual General Meeting, Nov 30, 2023

Price target increased by 11% to AU$1.00

Price target increased by 12% to AU$1.07

Atlantic Lithium Limited Announces Approval Granted to Divert Transmission Lines At Ewoyaa

Minerals Income Investment Fund (MIIF) entered into a non-binding agreement to acquire 6% minority stake in Ewoyaa Lithium Project from Atlantic Lithium Limited for $27.9 million.

Minerals Income Investment Fund agreed to acquire 6% stake in Cape Coast Lithium Portfolio from Atlantic Lithium Limited (AIM:ALL) for $27.9 million.

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Exploration Drilling Programme Underway At the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Exploration Drilling Programme Underway At the Ewoyaa Lithium Project in Ghana, West Africa

Piedmont Lithium Inc. (ASX:PLL) acquired 22.5 stake in Ewoyaa Lithium Project from Atlantic Lithium Limited (AIM:ALL).

Head of Business Development recently bought AU$52k worth of stock

Atlantic Lithium Limited Announces Further Assay Results from the Resource and Explored at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Definitive Feasibility Study for the Ewoyaa Lithium Project

Atlantic Lithium Limited Announces Resignation of Stuart Crow as Senior Non-Executive Director

Atlantic Lithium Limited Announces Board Appointments

Atlantic Lithium Limited Appoints Len Kolff as Head of Business Development & Chief Geologist

Executive Chairman recently bought AU$943k worth of stock

Minerals Income Investment Fund in Talks over Atlantic Lithium Investment

Atlantic Lithium Limited Announces Ewoyaa Mineral Resource Increases to 35.3Mt

Atlantic Lithium Limited Announces Final Assay Results from the Resource and Exploration Drilling Programme at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme Now Completed At the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Board Changes

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme at the Ewoyaa Lithium Project in Ghana, West Africa

Atlantic Lithium Limited Announces Assay Results from the Resource and Exploration Drilling Programme Now Completed At the Ewoyaa Lithium Project (Ewoyaa or the Project) in Ghana, West Africa

Atlantic Lithium Limited, Annual General Meeting, Nov 30, 2022

Atlantic Lithium Limited Appoints Keith Muller as New Chief Operating Officer

Atlantic Lithium Confirms High-Grade Mineralization, Completing Drilling Program for Ghana Project

Atlantic Lithium Limited Announces Ongoing High-Grade Lithium Intersections At Ewoyaa

Atlantic Lithium Limited Announces Executive Changes

Atlantic Lithium Limited Provides Prefeasibility Study for Piedmont's Ghana Project

Piedmont Lithium Partner Atlantic Lithium Completes Prefeasibility Study for Ghana Project

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

Shareholder Returns