ACME Lithium (CNSX:ACME) - Stock Price, News & Analysis

ACME Stock Overview

ACME Lithium Inc., a mineral exploration company, engages in acquiring, exploring, and evaluating lithium properties in the United States.

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

Risk Analysis

Earnings have declined by 56% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

+ 1 more risk

My Notes

New

Notes are coming soon

ACME Lithium Inc. Competitors

Volt Carbon Technologies

TSXV:VCT

CA$12.6m

Macarthur Minerals

TSXV:MMS

CA$27.3m

Vior

TSXV:VIO

CA$10.6m

Fortune Minerals

TSX:FT

CA$34.5m

Price History & Performance

Summary of all time highs, changes and price drops for ACME Lithium
Historical stock prices
Current Share Price	CA$0.51
52 Week High	CA$1.44
52 Week Low	CA$0.25
Beta	0
1 Month Change	41.67%
3 Month Change	-22.73%
1 Year Change	-46.32%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	64.52%

Recent updates

Shareholder Returns

	ACME	CA Metals and Mining	CA Market
7D	2.0%	2.5%	0.7%
1Y	-46.3%	9.2%	-0.4%

Return vs Industry: ACME underperformed the Canadian Metals and Mining industry which returned 6.1% over the past year.

Return vs Market: ACME underperformed the Canadian Market which returned -0.2% over the past year.

Price Volatility

Is ACME's price volatile compared to industry and market?
ACME volatility
ACME Average Weekly Movement	15.8%
Metals and Mining Industry Average Movement	11.7%
Market Average Movement	9.9%
10% most volatile stocks in CA Market	19.5%
10% least volatile stocks in CA Market	3.9%

Stable Share Price: ACME is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: ACME's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
2017	n/a	Steve Hanson	https://acmelithium.com

ACME Lithium Inc., a mineral exploration company, engages in acquiring, exploring, and evaluating lithium properties in the United States. It holds a 100% interest under an option agreement in 64 mining claims totaling 1,280 acres; and owns 100% interest in 58 claims totaling 1,160 acres in Clayton Valley in Esmeralda County, Nevada. The company also owns a 100% interest in 81 lode mining claims totaling 1,620 acres in Fish Lake Valley, located in Esmeralda County, Nevada.

ACME Lithium Inc. Fundamentals Summary

How do ACME Lithium's earnings and revenue compare to its market cap?
ACME fundamental statistics
Market Cap	CA$29.77m
Earnings (TTM)	-CA$4.58m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.5x

P/E Ratio

Is ACME overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACME income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$10.12k
Gross Profit	-CA$10.12k
Other Expenses	CA$4.57m
Earnings	-CA$4.58m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.078
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ACME perform over the long term?

See historical performance and comparison

ACME Stock Overview

Risk Analysis

ACME Lithium Inc. Competitors

TSXV:VCT

CA$12.6m

TSXV:MMS

CA$27.3m

TSXV:VIO

CA$10.6m

TSX:FT

CA$34.5m

Price History & Performance

Recent News & Updates

ACME Lithium Inc. Samples Highest Values to Date At Fish Lake Valley, Nevada

ACME Lithium Inc. Commences Drilling at Shatford Lake Lithium Project

Acme Lithium Inc. Provides Corporate Update Regarding Its Upcoming Phase 2 Multi-Hole Drill Program At Its Clayton Valley Nevada Lithium Brine Project

President exercised options to buy CA$663k worth of stock.

ACME Lithium Inc. Receives Geophysics Report Targeting Lithium Clay Deposits At Fish Lake Valley, Nevada

ACME Lithium Inc. Receives Phase 2 Drill Program Approval of Notice of Intent At Nevada Lithium Brine Project

Recent updates

ACME Lithium Inc. Samples Highest Values to Date At Fish Lake Valley, Nevada

ACME Lithium Inc. Commences Drilling at Shatford Lake Lithium Project

Acme Lithium Inc. Provides Corporate Update Regarding Its Upcoming Phase 2 Multi-Hole Drill Program At Its Clayton Valley Nevada Lithium Brine Project

President exercised options to buy CA$663k worth of stock.

ACME Lithium Inc. Receives Geophysics Report Targeting Lithium Clay Deposits At Fish Lake Valley, Nevada

ACME Lithium Inc. Receives Phase 2 Drill Program Approval of Notice of Intent At Nevada Lithium Brine Project

Acme Lithium Inc. Provides Clayton Valley Drill Program Update

ACME Lithium Inc. to Target Rhyolite Ridge Model with Commencement of Geophysical Survey At Fish Lake Valley, Nevada

ACME Lithium Inc. Announces New Lithium Discovery At Clayton Valley, Nevada

ACME Lithium Inc. Commences Phase 2 Field Work at Fish Lake Valley Nevada

ACME Lithium Inc. Commences Phase 2 Field Work at Fish Lake Valley Nevada

Acme Lithium Commences Airborne Geophysical Survey At Shatford and Cat-Euclid Lake Projects in South Eastern Manitoba

Acme Lithium Commences Project Wide Exploration Program in Southeastern Manitoba

ACME Lithium Inc. Provides Drilling Update At Clayton Valley Nevada Lithium Brine Project: Successfully Completes DH-1 At 1400 Feet (427 Meters)

Acme Lithium Inc. Commences Drilling at Clayton Valley Nevada Lithium Brine Project

High number of new and inexperienced directors

ACME Lithium Inc. Mobilizes Drill Crew to Lithium Brine Project At Clayton Valley Nevada

ACME Lithium Inc. announced that it expects to receive $5 million in funding

ACME Lithium Inc. announced that it has received CAD 5.700576 million in funding from Waratah Capital Advisors Ltd.

ACME Lithium Inc. announced that it expects to receive CAD 4.200582 million in funding from Waratah Capital Advisors Ltd. and other investor

High number of new and inexperienced directors

ACME Lithium Provides Corporate Update on the Exploration Status of its Clayton Valley, Nevada Lithium Brine Project, as Well as Projects in Southeast Manitoba and Oregon

ACME Lithium Inc. Announces Formation of Strategic Advisory Board

ACME Lithium Receives Approval of Notice of Intent to Drill Clayton Valley Nevada Lithium Brine Project

ACME Lithium Inc. announced that it expects to receive CAD 2.98873 million in funding from Lithium Royalty Corp.

ACME Lithium Inc. announced that it has received CAD 1.000001 million in funding

ACME Lithium Inc. announced that it expects to receive CAD 1.000001 million in funding

ACME Lithium Inc. (CNSX:ACME) acquired Two Strategic Lithium Projects Located in Manitoba, Canada.

Less than half of directors are independent

ACME Lithium Inc. Advances Lithium Brine Targeting and Commences Phase 2 Geophysical Survey

Acme Lithium Completes Phase 1 Geophysical Survey Targeting Lithium Brine

Investor sentiment improved over the past week

ACME Lithium Inc. Commences Phase 1 of Geophysical Survey Program

ACME Lithium Inc. announced that it has received CAD 3.609667 million in funding

ACME Lithium Inc. (CNSX:ACME) acquired 58 New Claims Contiguous to CC, CCP and SX lithium Claims Located in Clayton Valley.

ACME Lithium Inc. announced that it expects to receive CAD 3.2 million in funding