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Core Lithium

ASX:CXO
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CXO
ASX
A$29M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

Core Lithium Ltd. engages in the exploration for lithium and base metals deposits in Northern Territory and South Australia. The last earnings update was 117 days ago. More info.


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  • Core Lithium has significant price volatility in the past 3 months.
CXO Share Price and Events
7 Day Returns
-4.5%
ASX:CXO
3.4%
AU Metals and Mining
2.1%
AU Market
1 Year Returns
-2.3%
ASX:CXO
15.7%
AU Metals and Mining
5.6%
AU Market
CXO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Core Lithium (CXO) -4.5% -4.5% -22.2% -2.3% 82.6% -2.3%
AU Metals and Mining 3.4% 8.5% 8.9% 15.7% 87.9% 24.3%
AU Market 2.1% 3.3% 8.4% 5.6% 27.8% 15.1%
1 Year Return vs Industry and Market
  • CXO underperformed the Metals and Mining industry which returned 15.7% over the past year.
  • CXO underperformed the Market in Australia which returned 5.6% over the past year.
Price Volatility
CXO
Industry
5yr Volatility vs Market

CXO Value

 Is Core Lithium undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Core Lithium. This is due to cash flow or dividend data being unavailable. The share price is A$0.042.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Core Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Core Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CXO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:CXO Share Price ** ASX (2019-06-25) in AUD A$0.04
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.86x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Core Lithium.

ASX:CXO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CXO Share Price ÷ EPS (both in AUD)

= 0.04 ÷ 0.00

-13.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Core Lithium is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • Core Lithium is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Core Lithium's expected growth come at a high price?
Raw Data
ASX:CXO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Metals and Mining Industry PEG Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 0.61x
Australia Market PEG Ratio Median Figure of 360 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Core Lithium, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Core Lithium's assets?
Raw Data
ASX:CXO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
ASX:CXO Share Price * ASX (2019-06-25) in AUD A$0.04
Australia Metals and Mining Industry PB Ratio Median Figure of 588 Publicly-Listed Metals and Mining Companies 1.47x
Australia Market PB Ratio Median Figure of 1,689 Publicly-Listed Companies 1.64x
ASX:CXO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CXO Share Price ÷ Book Value per Share (both in AUD)

= 0.04 ÷ 0.04

1.05x

* Primary Listing of Core Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Core Lithium is good value based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess Core Lithium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Core Lithium has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CXO Future Performance

 How is Core Lithium expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Core Lithium has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Core Lithium expected to grow at an attractive rate?
  • Unable to compare Core Lithium's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Core Lithium's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Core Lithium's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CXO Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 1.8%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CXO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CXO Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:CXO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 -1 -2
2018-09-30 -1 -2
2018-06-30 -1 -2
2018-03-31 -1 -2
2017-12-31 -1 -2
2017-09-30 -1 -2
2017-06-30 -1 -2
2017-03-31 0 -1 -2
2016-12-31 0 -1 -2
2016-09-30 0 -1 -2
2016-06-30 0 0 -2
2016-03-31 0 0 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Core Lithium is high growth as no earnings estimate data is available.
  • Unable to determine if Core Lithium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CXO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Core Lithium Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CXO Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:CXO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Core Lithium will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Core Lithium's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Core Lithium's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Core Lithium's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Core Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Core Lithium has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CXO Past Performance

  How has Core Lithium performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Core Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Core Lithium does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Core Lithium's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Core Lithium's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Core Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Core Lithium Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CXO Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -1.84 0.88
2018-09-30 -1.96 0.79
2018-06-30 -2.09 0.70
2018-03-31 -2.24 0.77
2017-12-31 -2.38 0.85
2017-09-30 -2.16 0.72
2017-06-30 -1.93 0.58
2017-03-31 0.00 -1.94 0.67
2016-12-31 0.00 -1.95 0.76
2016-09-30 0.01 -1.87 0.60
2016-06-30 0.02 -1.79 0.43
2016-03-31 0.03 -1.78 0.51
2015-12-31 0.04 -1.77 0.60
2015-09-30 0.03 -1.52 0.65
2015-06-30 0.02 -1.27 0.71
2015-03-31 0.01 -1.09 0.76
2014-12-31 0.00 -0.91 0.82
2014-09-30 0.00 -1.01 0.83
2014-06-30 0.00 -1.12 0.85
2014-03-31 0.00 -1.30 0.83
2013-12-31 -1.49 0.81
2013-09-30 -1.71 0.79
2013-06-30 -1.94 0.77
2013-03-31 -1.89 0.76
2012-12-31 -1.83 0.75
2012-09-30 -1.52 0.73
2012-06-30 -1.20 0.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Core Lithium has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Core Lithium has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Core Lithium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Core Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Core Lithium has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CXO Health

 How is Core Lithium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Core Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Core Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Core Lithium has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Core Lithium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Core Lithium has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Core Lithium Company Filings, last reported 5 months ago.

ASX:CXO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 27.38 0.00 4.38
2018-09-30 27.38 0.00 4.38
2018-06-30 26.20 0.00 8.00
2018-03-31 26.20 0.00 8.00
2017-12-31 20.08 0.00 4.58
2017-09-30 20.08 0.00 4.58
2017-06-30 15.13 0.00 6.12
2017-03-31 15.13 0.00 6.12
2016-12-31 15.96 0.00 8.27
2016-09-30 15.96 0.00 8.27
2016-06-30 8.24 0.00 2.41
2016-03-31 8.24 0.00 2.41
2015-12-31 6.19 0.00 0.21
2015-09-30 6.19 0.00 0.21
2015-06-30 6.31 0.00 0.53
2015-03-31 6.31 0.00 0.53
2014-12-31 7.35 0.00 1.15
2014-09-30 7.35 0.00 1.15
2014-06-30 5.40 0.00 0.68
2014-03-31 5.40 0.00 0.68
2013-12-31 4.89 0.00 0.70
2013-09-30 4.89 0.00 0.70
2013-06-30 4.29 0.00 0.57
2013-03-31 4.29 0.00 0.57
2012-12-31 5.35 0.00 1.72
2012-09-30 5.35 0.00 1.72
2012-06-30 5.73 0.00 2.22
  • Core Lithium has no debt.
  • Core Lithium has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Core Lithium has less than a year of cash runway based on current free cash flow.
  • Core Lithium has less than a year of cash runway if free cash flow continues to grow at historical rates of 59.8% each year.
X
Financial health checks
We assess Core Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Core Lithium has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CXO Dividends

 What is Core Lithium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Core Lithium dividends.
If you bought A$2,000 of Core Lithium shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Core Lithium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Core Lithium's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CXO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 3.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 416 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:CXO Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Core Lithium has not reported any payouts.
  • Unable to verify if Core Lithium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Core Lithium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Core Lithium has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Core Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Core Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Core Lithium has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CXO Management

 What is the CEO of Core Lithium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stephen Biggins
COMPENSATION A$355,839
AGE 48
TENURE AS CEO 8.8 years
CEO Bio

Mr. Stephen Richard Biggins, Steve, B.Sc (Hons), MBA, MAusiMM, M ASEG, has been the Managing Director of Core Lithium Ltd(formerly known as Core Exploration Limited) since September 10, 2010. Mr. Biggins served as Managing Director of Crest Minerals Ltd. from September 23, 2011 to January 19, 2012. Mr. Biggins served as Founding Managing Director of Southern Gold Limited from April 2005 to July 2, 2010. He has accumulated broad experience as a geologist in mineral exploration, development and mining throughout Australia over the past 20 years. He has also applied his MBA to the management of exploration, resource definition and feasibility studies for SAMAG's magnesite mine at Leigh Creek. Mr. Biggins joined Pima Mining in 1990, as an exploration geologist, supervising various exploration projects in gold and base metals on the Gawler Craton. Prior to this, he spent 3 years with Mines and Energy SA (MESA) as an exploration geophysicist during the South Australian Exploration Initiative (SAEI). As a mineral geophysicist, Mr. Biggins has also worked with BHP (Iron Duke) and Hamersley Iron (Tom Price) in near-mine and in-pit iron ore exploration. He has built prospective portfolios of gold, uranium, base metal and geothermal exploration projects throughout Australia and in SE Asia. He serves as Chairman of West African Gold Limited. Mr. Biggins serves as a Director of Genex Resources Pty Ltd. He has been a Director of Core Exploration Ltd. since September 10, 2010. He served as an Executive Director of Southern Gold Limited from April 2007 to February 24, 2009. He served as a Non Executive Director of Investigator Resources Limited (also known as Southern Uranium Ltd) until February 24, 2009. He served as Director of Crest Minerals Ltd. from September 23, 2011 to January 19, 2012.

CEO Compensation
  • Stephen's compensation has increased whilst company is loss making.
  • Stephen's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Core Lithium management team in years:

5.6
Average Tenure
  • The average tenure for the Core Lithium management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Stephen Biggins

TITLE
MD & Director
COMPENSATION
A$356K
AGE
48
TENURE
8.8 yrs

Rowdy Rawlings

TITLE
Exploration Manager
COMPENSATION
A$240K
TENURE
3.3 yrs

Jarek Kopias

TITLE
Company Secretary
COMPENSATION
A$130K
TENURE
8 yrs

Simon Iacopetta

TITLE
Chief Financial Officer
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure of the Core Lithium board of directors in years:

8.8
Average Tenure
  • The tenure for the Core Lithium board of directors is about average.
Board of Directors

Greg English

TITLE
Non-Executive Chairman
COMPENSATION
A$68K
TENURE
8.8 yrs

Stephen Biggins

TITLE
MD & Director
COMPENSATION
A$356K
AGE
48
TENURE
9.4 yrs

Heath Hellewell

TITLE
Non-Executive Independent Director
COMPENSATION
A$48K
AGE
48
TENURE
4.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
26. Jul 18 Sell Liontown Resources Limited Company 26. Jul 18 26. Jul 18 -26,154,683 A$0.04 A$-1,098,488
X
Management checks
We assess Core Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Core Lithium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CXO News

Simply Wall St News

When Will Core Lithium Ltd. (ASX:CXO) Breakeven?

View our latest analysis for Core Lithium CXO is bordering on breakeven, according to Metals and Mining analysts. … ASX:CXO Past and Future Earnings, May 23rd 2019 Given this is a high-level overview, I won’t go into details of CXO’s upcoming projects, however, bear in mind that by and large metals and mining companies, depending on the stage of operation and metals mined, have irregular periods of cash flow. … CXO currently has no debt on its balance sheet, which is quite unusual for a cash-burning metals and mining company, which typically has high debt relative to its equity.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Core Lithium Ltd. (ASX:CXO)?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

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Core Lithium Ltd's (ASX:CXO) Shift From Loss To Profit

Core Lithium Ltd's (ASX:CXO):. … engages in the exploration for lithium and base metals deposits in Northern Territory and South Australia. … View our latest analysis for Core Lithium

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What Kind Of Shareholder Appears On The Core Exploration Limited's (ASX:CXO) Shareholder Register?

The big shareholder groups in Core Exploration Limited (ASX:CXO) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … With a market capitalization of AU$31m, Core Exploration is a small cap stock, so it might not be well known by many institutional investors.

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Why You Need To Look At This Factor Before Buying Core Exploration Limited (ASX:CXO)

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

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Is Core Exploration Limited (ASX:CXO) A Financially Sound Company?

Core Exploration Limited (ASX:CXO), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is CXO growing fast enough to value financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

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Where Core Exploration Limited's (ASX:CXO) Earnings Growth Stands Against Its Industry

Investors with a long-term horizong may find it valuable to assess Core Exploration Limited's (ASX:CXO) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … Below is my commentary, albiet very simple and high-level, on how Core Exploration is currently performing. … CXO is loss-making, with the most recent trailing twelve-month earnings of -AU$2.38m (from 31 December 2017), which compared to last year has become.

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Does Core Exploration Limited's (ASX:CXO) CEO Salary Reflect Performance?

Performance can be measured based on factors such as earnings and total shareholder return (TSR). … I believe earnings is a cleaner proxy, since many factors can impact share price, and therefore, TSR. … Typically I would look at market cap and earnings as a proxy for performance, however, CXO's negative earnings reduces the effectiveness of this method.

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Who Owns Core Exploration Limited (ASX:CXO)?

Today, I will be analyzing Core Exploration Limited’s (ASX:CXO) recent ownership structure, an important but not-so-popular subject among individual investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: A relatively significant holding of company insiders could mean high alignment with shareholders.

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How Should You Think About Core Exploration Limited's (ASX:CXO) Risks?

Core Exploration has a beta of 1.71, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … A market capitalisation of AU$26.80M puts CXO in the category of small-cap stocks, which tends to possess higher beta than larger companies.

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CXO Company Info

Description

Core Lithium Ltd. engages in the exploration for lithium and base metals deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, iron, silver, uranium, lead, and zinc deposits. It targets lithium production through the development of its Finniss Lithium Project located near Darwin in the Northern Territory in Australia. The company was formerly known as Core Exploration Limited and changed its name to Core Lithium Ltd. in November 2018. Core Lithium Ltd. was incorporated in 2010 and is based in Adelaide, Australia.

Details
Name: Core Lithium Ltd.
CXO
Exchange: ASX
Founded: 2010
A$29,167,599
694,466,657
Website: http://corelithium.com.au
Address: Core Lithium Ltd.
366 King William Street,
Level 1,
Adelaide,
South Australia, 5000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CXO Ordinary Shares Australian Securities Exchange AU AUD 11. Feb 2011
OTCPK CXOX.F Ordinary Shares Pink Sheets LLC US USD 11. Feb 2011
BST 7CX Ordinary Shares Boerse-Stuttgart DE EUR 11. Feb 2011
CHIA CXO Ordinary Shares Chi-X Australia AU AUD 11. Feb 2011
Number of employees
Current staff
Staff numbers
0
Core Lithium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 10:36
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2018/09/27
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.