LKE Stock Overview
Lake Resources NL explores for and develops lithium brine projects in Argentina, Australia, and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Lake Resources NL Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.056 |
| 52 Week High | AU$0.67 |
| 52 Week Low | AU$0.055 |
| Beta | 0.17 |
| 1 Month Change | -20.00% |
| 3 Month Change | -44.00% |
| 1 Year Change | -87.42% |
| 3 Year Change | -81.94% |
| 5 Year Change | 12.00% |
| Change since IPO | -80.00% |
Recent News & Updates
Recent updates
We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate
Mar 02
Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely
Nov 07Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?
Jul 21Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation
Mar 16Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
Sep 02Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
May 19Lake Resources (ASX:LKE) Is In A Strong Position To Grow Its Business
Jan 31Companies Like Lake Resources (ASX:LKE) Can Afford To Invest In Growth
Oct 18How Many Lake Resources NL (ASX:LKE) Shares Have Insiders Sold, In The Last Year?
Jan 26
Shareholder Returns
| LKE | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -13.8% | -1.8% | -3.1% |
| 1Y | -87.4% | -7.6% | 4.0% |
Return vs Industry: LKE underperformed the Australian Metals and Mining industry which returned -7.6% over the past year.
Return vs Market: LKE underperformed the Australian Market which returned 4% over the past year.
Price Volatility
| LKE volatility | |
|---|---|
| LKE Average Weekly Movement | 13.9% |
| Metals and Mining Industry Average Movement | 12.4% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in AU Market | 17.4% |
| 10% least volatile stocks in AU Market | 3.5% |
Stable Share Price: LKE's share price has been volatile over the past 3 months.
Volatility Over Time: LKE's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | David Dickson | www.lakeresources.com.au |
Lake Resources NL explores for and develops lithium brine projects in Argentina, Australia, and the United States. The company’s flagship project is the Kachi lithium brine project located in Catamarca province, Argentina. It also explores for minerals.
Lake Resources NL Fundamentals Summary
| LKE fundamental statistics | |
|---|---|
| Market cap | AU$91.71m |
| Earnings (TTM) | -AU$72.30m |
| Revenue (TTM) | AU$38.30m |
2.4x
P/S Ratio-1.3x
P/E RatioIs LKE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LKE income statement (TTM) | |
|---|---|
| Revenue | AU$38.30m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$38.30m |
| Other Expenses | AU$110.60m |
| Earnings | -AU$72.30m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.044 |
| Gross Margin | 100.00% |
| Net Profit Margin | -188.79% |
| Debt/Equity Ratio | 0% |
How did LKE perform over the long term?
See historical performance and comparison