Global Lithium Resources Limited operates as a lithium exploration company.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.41|
|52 Week High||AU$0.24|
|52 Week Low||AU$0.45|
|1 Month Change||2.50%|
|3 Month Change||54.72%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||46.43%|
Recent News & Updates
|GL1||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how GL1 performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how GL1 performed against the Australian Market.
Stable Share Price: GL1 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GL1's weekly volatility (11%) has been stable over the past year.
About the Company
Global Lithium Resources Limited operates as a lithium exploration company. It holds 100% interest in the Marble Bar Lithium project located in the Pilbara region of Western Australia. The company was incorporated in 2018 and is based in Perth, Australia.
Global Lithium Resources Fundamentals Summary
|GL1 fundamental statistics|
Is GL1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GL1 income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0093|
|Net Profit Margin||0.00%|
How did GL1 perform over the long term?See historical performance and comparison
Is Global Lithium Resources 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 GL1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GL1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GL1 is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: GL1 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 GL1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GL1 is overvalued based on its PB Ratio (4.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Global Lithium Resources 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 Global Lithium Resources 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 Global Lithium Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: GL1 is currently unprofitable.
Growing Profit Margin: GL1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if GL1's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare GL1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GL1 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: GL1 has a negative Return on Equity (-9.7%), as it is currently unprofitable.
How is Global Lithium Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GL1's short term assets (A$8.8M) exceed its short term liabilities (A$747.5K).
Long Term Liabilities: GL1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GL1 is debt free.
Reducing Debt: GL1 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: GL1 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GL1 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 21.7% each year
What is Global Lithium Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GL1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GL1'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 GL1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GL1'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 GL1'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 board tenure
Mr. Jamie Wright is CEO, MD and Director at Global Lithium Resources Limited since February 1, 2021. Mr. Wright served as Managing Director of RJW Capital where he assisted clients in the industrials and r...
CEO Compensation Analysis
Compensation vs Market: Jamie's total compensation ($USD194.92K) is below average for companies of similar size in the Australian market ($USD302.38K).
Compensation vs Earnings: Insufficient data to compare Jamie's compensation with company performance.
Experienced Board: GL1's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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: GL1 only recently listed within the past 12 months.
Global Lithium Resources Limited's employee growth, exchange listings and data sources
- Name: Global Lithium Resources Limited
- Ticker: GL1
- Exchange: ASX
- Founded: 2018
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$54.041m
- Shares outstanding: 131.81m
- Website: https://globallithium.com.au
- Global Lithium Resources Limited
- 251 Adelaide Terrace
- Level 11
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:59|
|End of Day Share Price||2021/10/25 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.