Lindian Resources (CHIA:LIN) - Stock Price, News & Analysis

LIN Stock Overview

Engages in the exploration of mineral properties in Tanzania, Guinea, Malawi, and Australia.

LIN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings are forecast to grow 114.33% per year

Risk Analysis

Makes less than USD$1m in revenue (A$421K)

Has less than 1 year of cash runway

Does not have a meaningful market cap (A$115M)

Lindian Resources Limited Competitors

Tivan

ASX:TVN

AU$82.9m

Renascor Resources

ASX:RNU

AU$203.3m

Walkabout Resources

ASX:WKT

AU$70.5m

Indiana Resources

ASX:IDA

AU$61.5m

Price History & Performance

Summary of all time highs, changes and price drops for Lindian Resources
Historical stock prices
Current Share Price	AU$0.10
52 Week High	AU$0.23
52 Week Low	AU$0.097
Beta	0.26
11 Month Change	-19.23%
3 Month Change	-25.00%
1 Year Change	-47.50%
33 Year Change	238.71%
5 Year Change	600.00%
Change since IPO	250.00%

Recent updates

Shareholder Returns

	LIN	AU Metals and Mining	AU Market
7D	0%	7.4%	1.1%
1Y	-47.5%	1.3%	17.9%

Return vs Industry: LIN underperformed the Australian Metals and Mining industry which returned 1.3% over the past year.

Return vs Market: LIN underperformed the Australian Market which returned 17.9% over the past year.

Price Volatility

Is LIN's price volatile compared to industry and market?
LIN volatility
LIN Average Weekly Movement	8.8%
Metals and Mining Industry Average Movement	11.5%
Market Average Movement	9.0%
10% most volatile stocks in AU Market	17.6%
10% least volatile stocks in AU Market	3.6%

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

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

About the Company

Founded	Employees	CEO	Website
1999	n/a	Alwyn Vorster	www.lindianresources.com.au

Lindian Resources Limited, together with its subsidiaries, engages in the exploration of mineral properties in Tanzania, Guinea, Malawi, and Australia. It primarily explores for gold, bauxite, and rare earths mineral ores. The company focuses on the Gaoual Bauxite project, Woula Bauxite project, and Lelouma Bauxite project located in Guinea, West Africa; Lushoto and Pare Bauxite projects located in Tanzania; and Kangankunde rare earths project located in Malawi.

Lindian Resources Limited Fundamentals Summary

How do Lindian Resources's earnings and revenue compare to its market cap?
LIN fundamental statistics
Market cap	AU$115.29m
Earnings (TTM)	-AU$4.78m
Revenue (TTM)	AU$421.05k

287.5x

P/S Ratio

-25.3x

P/E Ratio

Is LIN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LIN income statement (TTM)
Revenue	AU$421.05k
Cost of Revenue	AU$0
Gross Profit	AU$421.05k
Other Expenses	AU$5.20m
Earnings	-AU$4.78m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0041
Gross Margin	100.00%
Net Profit Margin	-1,135.53%
Debt/Equity Ratio	0%

How did LIN perform over the long term?

See historical performance and comparison

LIN Stock Overview

Rewards

Risk Analysis

Lindian Resources Limited Competitors

ASX:TVN

AU$82.9m

ASX:RNU

AU$203.3m

ASX:WKT

AU$70.5m

ASX:IDA

AU$61.5m

Price History & Performance

Recent News & Updates

New minor risk - Financial data availability

Lindian Resources Limited Announces Resignation of Mr. Michael Fry Company Secretary

Less than half of directors are independent

New major risk - Revenue and earnings growth

New minor risk - Market cap size

Lindian Resources Limited, Annual General Meeting, Nov 24, 2023

Recent updates

New minor risk - Financial data availability

Lindian Resources Limited Announces Resignation of Mr. Michael Fry Company Secretary

Less than half of directors are independent

New major risk - Revenue and earnings growth

New minor risk - Market cap size

Lindian Resources Limited, Annual General Meeting, Nov 24, 2023

Lindian Resources Limited Publishes an Exploration Target for the Kangankunde Rare Earths Project

Lindian Resources Limited Receives Assay Results from KGKDD009

New major risk - Financial position

Lindian Resources Limited Announces Appointment of Mr. Park Zuliang Wei as A Non-Executive Director

Lindian Resources Limited Announces Board Appointments

Lindian Resources Limited Reports Maiden Mineral Resource Estimate of 261 Million Tons At High Grade of 2.19% Treo

Insufficient new directors

Lindian Resources Limited, Annual General Meeting, Jul 17, 2023

Lindian Resources Limited Appoints Brett Tucker as Joint Company Secretary

Lindian Resources Limited Announces Receipt Further Assays from the Phase 1 Drilling Program At the Kangankunde Rare Earths Project in Malawi

Lindian Resources Limited Announces Further Assays from the Phase 1 Drilling Program At the Kangankunde Rare Earths Project in Malawi

Lindian Resources Limited Provides Kangankunde Project Update

Lindian Resources Limited Announces Kangankunde Delivers More Outstanding Rare Earths Assays

Lindian Resources Limited Announces Kangankunde Delivers Outstanding High Grade Rare Earths Assays

Lindian Resources Limited Announces Company Secretary Changes

Lindian Resources Limited Provides Update on the Ongoing Phase 1 Mine Development Drilling Program

Lindian Resources Limited Provides an Update with Respect to the Phase 1 Drilling Program at the Kangankunde Rare Earths Project

Lindian Resources Limited Commences Drilling at Kangankunde Rare Earths Project

Lindian Resources Limited, Annual General Meeting, Nov 28, 2022

Lindian Resources Limited Provides Operational Update on Comprehensive 12,500 Metre Drilling Program at Kangankunde

Lindian Resources Limited Auditor Raises 'Going Concern' Doubt

Insider recently bought AU$8.3m worth of stock

Lindian Resources Limited, Annual General Meeting, Sep 27, 2022

Lindian Resources Limited Announces the Appointment of Alistair Stephens as Chief Executive Officer, Effective 8 August 2022

Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.

Lindian Resources Limited (ASX:LIN) agreed to acquire Kangankunde Rare Earths Project in Malawi from Rift Valley Resource Developments Limited for $30 million.

Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 2 million.

Lindian Resources Limited Settles Litigation Regarding the Kangankunde Rare Earths Project in Malawi

Lindian Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.3 million.

Lindian Resources Limited Announces Digestion Test Results

Lindian Resources Limited Announces Execution of A Memorandum of Understanding with Reputable Construction Company China Railway Seventh Group Co. Ltd

Lindian Resources Limited Announces Gaoual Screening Test Work Results

Lindian Resources Limited (ASX:LIN acquired 61% stake in Woula Bauxite Project for AUD 0.22 million.

Lindian Resources Limited Completes the Screening Test Works at the company's Gaoual High Grade Conglomerate Bauxite Project

Lindian Resources Limited (ASX:LIN) completed the acquisition of 75% stake in Sarmin Bauxite Limited from Sarmin Mining Inc. and Kanberra Resources Limited.

Lindian Resources Resignation of Matthew Bull as Non-Executive Director

Lindian Resources Limited Updates Mineral Resource Estimate

Lindian Resources Limited (ASX:LIN) entered into binding term sheet to acquire 61% stake in Woula Bauxite Project for AUD 0.02 million.

Lindian Resources Limited Names Danny Keating as Chief Executive Officer