Core Lithium Ltd engages in the exploration and development of lithium and various metal deposits in Northern Territory and South Australia.
Core Lithium Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.57|
|52 Week High||AU$0.044|
|52 Week Low||AU$0.66|
|1 Month Change||38.55%|
|3 Month Change||116.98%|
|1 Year Change||1,150.00%|
|3 Year Change||1,123.40%|
|5 Year Change||584.52%|
|Change since IPO||173.81%|
Recent News & Updates
We're Keeping An Eye On Core Lithium's (ASX:CXO) Cash Burn Rate
We can readily understand why investors are attracted to unprofitable companies. Indeed, Core Lithium ( ASX:CXO ) stock...
|CXO||AU Metals and Mining||AU Market|
Return vs Industry: CXO exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: CXO exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: CXO is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: CXO's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Core Lithium Ltd engages in the exploration and development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, iron, silver, uranium, lead, and zinc deposits. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory.
Core Lithium Fundamentals Summary
|CXO fundamental statistics|
Is CXO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CXO income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0018|
|Net Profit Margin||0.00%|
How did CXO perform over the long term?See historical performance and comparison
Is Core Lithium undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CXO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CXO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CXO is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: CXO is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CXO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CXO is overvalued based on its PB Ratio (13.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Core Lithium forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
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 SimplyWall St do have past financial data.
How has Core Lithium performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CXO is currently unprofitable.
Growing Profit Margin: CXO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CXO is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.
Accelerating Growth: Unable to compare CXO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CXO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: CXO has a negative Return on Equity (-4.08%), as it is currently unprofitable.
How is Core Lithium's financial position?
Financial Position Analysis
Short Term Liabilities: CXO's short term assets (A$38.4M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: CXO's short term assets (A$38.4M) exceed its long term liabilities (A$110.0K).
Debt to Equity History and Analysis
Debt Level: CXO is debt free.
Reducing Debt: CXO has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CXO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CXO has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 18.4% each year.
What is Core Lithium current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CXO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CXO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CXO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CXO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CXO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stephen Biggins (52 yo)
Mr. Stephen Richard Biggins, B.Sc (Hons), MBA, MAusiMM, M ASEG, has been the Managing Director of Core Lithium Ltd (formerly known as Core Exploration Limited) since September 10, 2010. Mr. Biggins served...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD270.75K) is below average for companies of similar size in the Australian market ($USD991.03K).
Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.
Experienced Management: CXO's management team is considered experienced (4.2 years average tenure).
Experienced Board: CXO's board of directors are considered experienced (9.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 66.1%.
Core Lithium Ltd's employee growth, exchange listings and data sources
- Name: Core Lithium Ltd
- Ticker: CXO
- Exchange: ASX
- Founded: 2010
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$941.612m
- Shares outstanding: 1.65b
- Website: https://www.corelithium.com.au
- Core Lithium Ltd
- 366 King William Street
- Level 1
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
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.