Delta Lithium (DLI) Stock Overview

Explores for and develops lithium properties in Western Australia. More details

DLI fundamental analysis
Snowflake Score
Valuation	2/6
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$26K)

Earnings are forecast to decline by an average of 8.5% per year for the next 3 years

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

Does not have a meaningful market cap (A$118M)

DLI Community Fair Values

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Delta Lithium Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Delta Lithium
Historical stock prices
Current Share Price	AU$0.17
52 Week High	AU$0.33
52 Week Low	AU$0.15
Beta	-0.56
1 Month Change	-10.81%
3 Month Change	-17.50%
1 Year Change	-5.71%
3 Year Change	-79.75%
5 Year Change	-36.54%
Change since IPO	-36.54%

Recent updates

Analysis Article • Sep 27

Is Delta Lithium (ASX:DLI) In A Good Position To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Analysis Article • May 29

Will Delta Lithium (ASX:DLI) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

	DLI	AU Metals and Mining	AU Market
7D	-5.7%	-6.5%	-2.9%
1Y	-5.7%	30.0%	-3.7%

Return vs Industry: DLI underperformed the Australian Metals and Mining industry which returned 30% over the past year.

Return vs Market: DLI underperformed the Australian Market which returned -3.7% over the past year.

Price Volatility

Is DLI's price volatile compared to industry and market?
DLI volatility
DLI Average Weekly Movement	7.9%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	9.5%
10% most volatile stocks in AU Market	16.5%
10% least volatile stocks in AU Market	3.8%

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

Volatility Over Time: DLI's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	n/a	James Croser	www.deltalithium.com.au

Delta Lithium Limited explores for and develops lithium properties in Western Australia. It holds interest in the Yinnetharra Lithium Project covering an area of more than 3,100 square kilometres, located in the Gascoyne Lithium Province of Western Australia. The company was formerly known as Red Dirt Metals Limited and changed its name to Delta Lithium Limited in April 2023.

Delta Lithium Limited Fundamentals Summary

How do Delta Lithium's earnings and revenue compare to its market cap?
DLI fundamental statistics
Market cap	AU$118.36m
Earnings (TTM)	-AU$2.30m
Revenue (TTM)	AU$26.19k

4,520x

P/S Ratio

-51.5x

P/E Ratio

Is DLI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DLI income statement (TTM)
Revenue	AU$26.19k
Cost of Revenue	AU$0
Gross Profit	AU$26.19k
Other Expenses	AU$2.32m
Earnings	-AU$2.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0032
Gross Margin	100.00%
Net Profit Margin	-8,772.53%
Debt/Equity Ratio	0%

How did DLI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/16 22:49
End of Day Share Price	2026/09/16 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Delta Lithium Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dale Koenders	Barrenjoey Markets Pty Limited
April Lowis	Barrenjoey Markets Pty Limited
Richard Knights	Barrenjoey Markets Pty Limited

Delta Lithium (DLI) Stock Overview

Risk Analysis

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Delta Lithium Limited Competitors

King River Resources

Maronan Metals

Global Lithium Resources

Native Mineral Resources Holdings

Price History & Performance

Recent News & Updates

New minor risk - Market cap size

New major risk - Revenue and earnings growth

Price target increased by 12% to AU$0.33

New minor risk - Market cap size

New minor risk - Share price stability

Delta Lithium Limited, Annual General Meeting, Nov 27, 2025

Recent updates

New minor risk - Market cap size

New major risk - Revenue and earnings growth

Price target increased by 12% to AU$0.33

New minor risk - Market cap size

New minor risk - Share price stability

Delta Lithium Limited, Annual General Meeting, Nov 27, 2025

Delta Lithium Limited Announces Yinnetharra Lithium and Tantalum MRE Update

Delta Lithium Limited Announces Mt Ida Gold Exploration Results and Permitting Update

New major risk - Revenue and earnings growth

No longer forecast to breakeven

Javelin Minerals Limited (ASX:JAV) acquired Warriedar Mining Pty Ltd from Delta Lithium Limited (ASX:DLI).

Delta Lithium Limited Announces Board Changes

New minor risk - Market cap size

New major risk - Revenue and earnings growth

Delta Lithium Limited, Annual General Meeting, Nov 27, 2024

Is Delta Lithium (ASX:DLI) In A Good Position To Invest In Growth?

New minor risk - Market cap size

New major risk - Financial position

New minor risk - Market cap size

Will Delta Lithium (ASX:DLI) Spend Its Cash Wisely?

New minor risk - Profitability

Forecast to breakeven in 2026

New minor risk - Profitability

Price target decreased by 26% to AU$0.70

Price target decreased by 37% to AU$0.85

Delta Lithium Limited has filed a Follow-on Equity Offering in the amount of AUD 70.151922 million.

New minor risk - Profitability

Delta Lithium Limited, Annual General Meeting, Nov 29, 2023

Delta Lithium Limited Announces Executive Changes

High number of new and inexperienced directors

Delta Lithium Limited Appoints Steven Kovac as Non-Executive Director

Delta Lithium Limited, Annual General Meeting, Aug 28, 2023

Price target increased by 19% to AU$1.25

Delta Lithium Announces Drilling Results At Yinnetharra

New major risk - Shareholder dilution

Delta Lithium Limited announced that it has received AUD 46.43747 million in funding from Idemitsu Australia Pty Ltd

Delta Lithium Limited Announces Executive Changes

Forecast to breakeven in 2023

Forecast to breakeven in 2023

Price target increased by 14% to AU$1.03

Red Dirt Metals Limited Announces an Update for its Wholly Owned Mt Ida Lithium Project

Red Dirt Metals Limited Announces an Update on Drilling at the Yinnetharra Lithium Project

Red Dirt Metals Limited Provides an Update on Mt Ida Lithium Project and the Yinnetharra Lithium Project

Red Dirt Metals Limited Announces an Update on Drilling At the Yinnetharra Lithium Project

Red Dirt Metals Limited Announces Key Appointments to Advance Mt Ida Lithium Project

Price target increased to AU$1.05

High number of new and inexperienced directors

High number of new and inexperienced directors

Red Dirt Metals Limited Announces Yinnetharra Drilling to Commence

Red Dirt Metals Limited Announces Resignation of Gower He as Executive Director, Effective 1 November 2022

Red Dirt Metals Limited Announces the Maiden High-Grade Lithium Mineral Resource Estimate At the Mt Ida Lithium Project in the Eastern Goldfields Region of Western Australia

Red Dirt Metals Limited, Annual General Meeting, Nov 25, 2022

Red Dirt Metals Limited Appoints Daniel Kendall as Chief Financial Officer

Red Dirt Metals Limited Updates on Diamond Drilling At the Mt Ida Lithium Project

Anova Metals Limited (ASX:AWV) completed the acquisition of Warriedar Gold Project from Red Dirt Metals Limited (ASX:RDT).

Red Dirt Metals Limited (ASX:RDT) agreed to acquire Electrostate Limited for AUD 0.18 million.

Red Dirt Metals Limited Appoints David Flanagan as Director

Anova Metals Limited (ASX:AWV) entered into an agreement to acquire Warriedar Gold Project from Red Dirt Metals Limited (ASX:RDT) for AUD 1.6 million.

High number of new and inexperienced directors

Red Dirt Metals Limited Provides Update on Recent Diamond and RC Drilling from the Sparrow North Lithium Discovery and the Results from the Extensive Regional Soil Geochemistry Program Completed over the Mt Ida Tenure

High number of new and inexperienced directors

Red Dirt Metals Limited Announces Further Outstanding Drill Assays Inc. 5.6M @ 52.7G/T Au

Red Dirt Metals Limited Provides Update on First 3 Diamond Core Assays Received from its Mt Ida Lithium Gold Project