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GL1

Global Lithium ResourcesASX:GL1 Stock Report

Market Cap

AU$54.0m

7D

0%

1Y

n/a

Updated

25 Oct, 2021

Data

Company Financials
GL1 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

GL1 Overview

Global Lithium Resources Limited operates as a lithium exploration company.

Price History & Performance

Summary of all time highs, changes and price drops for Global Lithium Resources
Historical stock prices
Current Share PriceAU$0.41
52 Week HighAU$0.24
52 Week LowAU$0.45
Beta0
1 Month Change2.50%
3 Month Change54.72%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO46.43%

Recent News & Updates

Shareholder Returns

GL1AU Metals and MiningAU Market
7D0%-1.7%0.6%
1Yn/a10.8%21.3%

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.

Price Volatility

Is GL1's price volatile compared to industry and market?
GL1 volatility
GL1 Beta0
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2018n/aJamie Wrighthttps://globallithium.com.au

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

How do Global Lithium Resources's earnings and revenue compare to its market cap?
GL1 fundamental statistics
Market CapAU$54.04m
Earnings (TTM)-AU$1.22m
Revenue (TTM)n/a

0x

P/S Ratio

-44.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GL1 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.22m
Earnings-AU$1.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0093
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did GL1 perform over the long term?

See historical performance and comparison

Valuation

Is Global Lithium Resources undervalued compared to its fair value and its price relative to the market?

4.28x

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).


Future Growth

How is Global Lithium Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

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.


Past Performance

How has Global Lithium Resources performed over the past 5 years?

-18,229.8%

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.


Financial Health

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.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average board tenure


CEO

Jamie Wright

0.67

Tenure

AU$260,019

Compensation

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.


Board Members

Experienced Board: GL1's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: GL1 only recently listed within the past 12 months.


Top Shareholders

Company Information

Global Lithium Resources Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Global Lithium Resources Limited
  • 251 Adelaide Terrace
  • Level 11
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:59
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.