Sayona Mining (ASX:SYA) - Stock Price, News & Analysis

SYA Stock Overview

Sayona Mining Limited, together with its subsidiaries, engages in mineral identification, acquisition, exploration, and development in Australia and Canada.

SYA fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	6/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 40.4% below our estimate of its fair value

Earnings are forecast to grow 77.13% per year

Risk Analysis

Makes less than USD$1m in revenue (A$-107M)

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Sayona Mining Limited Competitors

Core Lithium

ASX:CXO

AU$2.0b

Piedmont Lithium

ASX:PLL

AU$1.6b

Renascor Resources

ASX:RNU

AU$495.2m

Adriatic Metals

ASX:ADT

AU$872.5m

Price History & Performance

Summary of all time highs, changes and price drops for Sayona Mining
Historical stock prices
Current Share Price	AU$0.18
52 Week High	AU$0.38
52 Week Low	AU$0.11
Beta	0.61
1 Month Change	-7.50%
3 Month Change	-22.92%
1 Year Change	-15.91%
3 Year Change	2,542.86%
5 Year Change	330.24%
Change since IPO	-80.88%

Recent updates

Sayona Mining (ASX:SYA) Is Posting Healthy Earnings, But It Is Not All Good News

May 02

We Think Sayona Mining (ASX:SYA) Might Have The DNA Of A Multi-Bagger

Apr 21

Shareholder Returns

	SYA	AU Metals and Mining	AU Market
7D	-15.9%	-2.5%	-0.7%
1Y	-15.9%	-5.1%	-2.5%

Return vs Industry: SYA underperformed the Australian Metals and Mining industry which returned -5.1% over the past year.

Return vs Market: SYA underperformed the Australian Market which returned -2.5% over the past year.

Price Volatility

Is SYA's price volatile compared to industry and market?
SYA volatility
SYA Average Weekly Movement	9.4%
Metals and Mining Industry Average Movement	10.7%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	15.6%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: SYA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: SYA's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Brett Lynch	https://www.sayonamining.com.au

Sayona Mining Limited, together with its subsidiaries, engages in mineral identification, acquisition, exploration, and development in Australia and Canada. It explores for lithium, graphite, and gold deposits. It holds 100% interest in the Authier Lithium project located in Quebec, Canada; and 60% interest in the Moblan lithium project located in Northern Québec.

Sayona Mining Limited Fundamentals Summary

How do Sayona Mining's earnings and revenue compare to its market cap?
SYA fundamental statistics
Market Cap	AU$1.68b
Earnings (TTM)	-AU$24.98m
Revenue (TTM)	n/a

-15.8x

P/S Ratio

-67.4x

P/E Ratio

Is SYA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SYA income statement (TTM)
Revenue	-AU$106.64m
Cost of Revenue	AU$0
Gross Profit	-AU$106.64m
Other Expenses	-AU$81.66m
Earnings	-AU$24.98m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0027
Gross Margin	100.00%
Net Profit Margin	23.43%
Debt/Equity Ratio	4.0%

How did SYA perform over the long term?

See historical performance and comparison

SYA Stock Overview

Rewards

Risk Analysis

Sayona Mining Limited Competitors

ASX:CXO

AU$2.0b

ASX:PLL

AU$1.6b

ASX:RNU

AU$495.2m

ASX:ADT

AU$872.5m

Price History & Performance

Recent News & Updates

Sayona Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 200 million.

CEO, MD & Director recently sold AU$893k worth of stock

Price target increased by 19% to AU$0.25

Sayona Mining Limited Further Advances the Restart of Lithium Production At Its Flagship North American Lithium Operation in Québec, Canada

Petrolympic Ltd. (TSXV:PCQ) acquired 52 mining claims covering about 6,981 acres adjacent to the eastern edge of the Moblan Deposit from Sayona Mining Limited (ASX:SYA).

Sayona Mining Limited Achieves Milestone in Restart of Lithium Production At Its North American Lithium Operation in Québec, Canada

Recent updates

Sayona Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 200 million.

CEO, MD & Director recently sold AU$893k worth of stock

Price target increased by 19% to AU$0.25

Sayona Mining Limited Further Advances the Restart of Lithium Production At Its Flagship North American Lithium Operation in Québec, Canada

Petrolympic Ltd. (TSXV:PCQ) acquired 52 mining claims covering about 6,981 acres adjacent to the eastern edge of the Moblan Deposit from Sayona Mining Limited (ASX:SYA).

Sayona Mining Limited Achieves Milestone in Restart of Lithium Production At Its North American Lithium Operation in Québec, Canada

Sayona Mining Limited Is on Target for the Recommencement of Production At Its North American Lithium

Piedmont Lithium Inc. Announces Award of Final Permit for NAL Restart

CEO, MD & Director exercised options to buy AU$460k worth of stock.

CEO, MD & Director recently sold AU$92k worth of stock

No independent directors

Sayona Mining Limited, Annual General Meeting, Nov 16, 2022

Sayona Mining Limited Launches Prefeasibility Study for NAL Lithium Carbonate Production

Full year 2022 earnings released: EPS: AU$0.009 (vs AU$0.001 loss in FY 2021)

Non-Executive Director recently sold AU$2.5m worth of stock

NAL Restart on Track Permitting Procurement Near Completion by Sayona Mining Limited

Sayona Mining Limited Announces its Planned Restart of Spodumene (Lithium) Production at the North American Lithium Operation in Québec

CEO, MD & Director exercised options to buy AU$2.2m worth of stock.

Sayona Mining Limited Announces Plans to Commence North American Spodumene (Lithium) Production in 2023

Sayona Mining Limited Announces New Lithium Discoveries Strengthen Moblan Potential

Company Secretary & Executive Director recently bought AU$609k worth of stock

Company Secretary & Executive Director exercised options and sold AU$149k worth of stock

Sayona Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 189.793142 million.

Sayona Mining Limited Completes AUD 190 Million Institutional Placement to Fund the Restart of Spodumene Concentrate Production at its North American Lithium Operation in Québec, Canada

Sayona Mining Limited announced that it expects to receive AUD 189.793142 million in funding

Sayona Mining Limited Announces A Positive Prefeasibility Study (PFS) for its Flagship North American Lithium (NAL) Project in Québec, Canada

Sayona Mining (ASX:SYA) Is Posting Healthy Earnings, But It Is Not All Good News

No independent directors

Sayona Mining Limited Receives Positive Drilling Results from its Moblan Lithium Project in Northern Québec

We Think Sayona Mining (ASX:SYA) Might Have The DNA Of A Multi-Bagger

First half 2022 earnings released: EPS: AU$0.011 (vs AU$0 in 1H 2021)

Non-Executive Director recently sold AU$292k worth of stock

Sayona Mining Limited Receives Further Confirmation of the Quality of Its Authier Spodumene Product

Sayona Mining Limited Doubles Quebec Lithium Resource Base

Sayona Mining Limited (ASX:SYA) acquired Lac Albert Project.

CEO, MD & Director recently sold AU$1.0m worth of stock

Sayona Mining Limited Launches Major New Drilling Program in Partnership with SOQUEM Inc

CEO, MD & Director exercised options to buy AU$230k worth of stock.

Sayona Mining Limited Announces Drilling Results of Authier Lithium Project

Key Executive recently sold AU$400k worth of stock

CEO, MD & Director recently sold AU$450k worth of stock

CEO, MD & Director recently sold AU$450k worth of stock

Full year 2021 earnings released: AU$0.001 loss per share (vs AU$0.003 loss in FY 2020)

Piedmont Lithium Inc. (ASX:PLL) completed the acquisition of 25% stake in Sayona Quebec Inc from Sayona Mining Limited (ASX:SYA).

Sayona Mining Limited Announces Drilling Underway At Authier Project

CEO, MD & Director recently sold AU$420k worth of stock

Sayona Mining Limited Reaffirms Confidence in the Lithium Potential of Its Emerging Tansim Lithium Project

Sayona Mining Limited (ASX:SYA) acquired 90 additional Claims in Tansim Lithium Project.

Sayona Mining Limited, Annual General Meeting, Mar 10, 2021

Non-Executive Director has left the company

Sayona Mining Limited Announces Drilling Program to Expand Quebec Lithium Resources

Sayona Mining Limited Announces the Resignation of Dan O’Neill as Non- Executive Director

Non-Executive Director recently sold AU$2.0m worth of stock

Sayona Mining Limited announced that it expects to receive AUD 9.046153 million in funding from Piedmont Lithium Limited

Piedmont Limited (ASX:PLL) entered into an agreement to acquire 25% stake in Sayona Quebec Inc from Sayona Mining Limited (ASX:SYA) for $5 million

Sayona Mining Limited (ASX:SYA) acquired remaining 50% stake in Tansim Lithium Project from Quebec Precious Metals Corporation (TSXV:QPM) for CAD 0.25 million.

Full year earnings released - AU$0.0026 loss per share

Sayona Mining Limited announced that it expects to receive AUD 2.73 million in funding from Battery Metals Capital Group, LLC

Shareholder Returns