How does FLM's PB Ratio compare to its peers?

FLM is expensive based on its Price-To-Book Ratio (2.3x) compared to the peer average (0.4x).

How does FLM's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

FLM is expensive based on its Price-To-Book Ratio (2.3x) compared to the Canadian Metals and Mining industry average (1.5x).

What is FLM's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FLM's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of FLM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate FLM's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

First Lithium Minerals (CNSX:FLM) - Stock Price, News & Analysis

FLM Stock Overview

Operates as a mineral exploration and development company in Chile, Ontario, and Quebec. More details

FLM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

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

Does not have a meaningful market cap (CA$6M)

Volatile share price over the past 3 months compared to the Canadian market

My Notes

Capture your thoughts, links and company narrative

First Lithium Minerals Corp. Competitors

Enduro Metals

TSXV:ENDR

CA$4.9m

Vortex Metals

TSXV:VMS

CA$6.4m

Comet Lithium

TSXV:CLIC

CA$5.9m

Durango Resources

TSXV:DGO

CA$5.2m

Price History & Performance

Summary of share price highs, lows and changes for First Lithium Minerals
Historical stock prices
Current Share Price	CA$0.07
52 Week High	CA$0.12
52 Week Low	CA$0.045
Beta	0.26
1 Month Change	-6.67%
3 Month Change	-22.22%
1 Year Change	-30.00%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-69.57%

Recent updates

Shareholder Returns

	FLM	CA Metals and Mining	CA Market
7D	7.7%	4.0%	-0.1%
1Y	-30.0%	43.5%	17.9%

Return vs Industry: FLM underperformed the Canadian Metals and Mining industry which returned 42.4% over the past year.

Return vs Market: FLM underperformed the Canadian Market which returned 18.4% over the past year.

Price Volatility

Is FLM's price volatile compared to industry and market?
FLM volatility
FLM Average Weekly Movement	18.2%
Metals and Mining Industry Average Movement	10.6%
Market Average Movement	8.6%
10% most volatile stocks in CA Market	18.5%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: FLM's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: FLM's weekly volatility (18%) 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	Rob Saltsman	firstlithium.ca

First Lithium Minerals Corp. operates as a mineral exploration and development company in Chile, Ontario, and Quebec. It focuses on exploring for lithium and alkali metals at its 100% owned OCA lithium project comprising approximately 9,000 ha of mineral exploration concessions located in the salars of Ollague, Carcote, and Ascotan in the Antofagasta Region of northern Chile. The company was founded in 2017 and is headquartered in Toronto, Canada.

First Lithium Minerals Corp. Fundamentals Summary

How do First Lithium Minerals's earnings and revenue compare to its market cap?
FLM fundamental statistics
Market cap	CA$6.20m
Earnings (TTM)	-CA$1.99m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.4x

P/E Ratio

Is FLM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLM income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.99m
Earnings	-CA$1.99m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.021
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	8.2%

How did FLM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 08:20
End of Day Share Price	2025/02/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Lithium Minerals Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.