Alpha Lithium (NEOE:ALLI) - Stock Price, News & Analysis

ALLI Stock Overview

Alpha Lithium Corporation engages in the acquisition and development of lithium brine deposits in North America and Argentina. More details

ALLI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings are forecast to decline by an average of 7.6% per year for the next 3 years

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

Has less than 1 year of cash runway

Significant insider selling over the past 3 months

+ 2 more risks

Alpha Lithium Corporation Competitors

Lithium Royalty

TSX:LIRC

CA$316.7m

Western Copper and Gold

TSX:WRN

CA$317.2m

Collective Mining

TSX:CNL

CA$367.1m

Trilogy Metals

TSX:TMQ

CA$297.7m

Price History & Performance

Summary of all time highs, changes and price drops for Alpha Lithium
Historical stock prices
Current Share Price	CA$1.47
52 Week High	CA$1.48
52 Week Low	CA$0.81
Beta	0.56
11 Month Change	0.68%
3 Month Change	23.53%
1 Year Change	34.86%
33 Year Change	70.93%
5 Year Change	880.00%
Change since IPO	-70.60%

Recent updates

Shareholder Returns

	ALLI	CA Metals and Mining	CA Market
7D	-0.3%	3.3%	1.7%
1Y	34.9%	31.8%	24.0%

Return vs Industry: ALLI exceeded the Canadian Metals and Mining industry which returned -0.4% over the past year.

Return vs Market: ALLI exceeded the Canadian Market which returned 4.4% over the past year.

Price Volatility

Is ALLI's price volatile compared to industry and market?
ALLI volatility
ALLI Average Weekly Movement	5.1%
Metals and Mining Industry Average Movement	10.3%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: ALLI's share price has been volatile over the past 3 months.

Volatility Over Time: ALLI's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2009	n/a	Jorge Dimopulos	alphalithium.com

Alpha Lithium Corporation engages in the acquisition and development of lithium brine deposits in North America and Argentina. It holds 100% interests in the Tolillar Salar project comprising total approximately 27,500 hectares located in the province of Salta, Argentina; the Green Energy lithium brine project consisting of mining claims, totaling approximately 4160 acres located in Grand County, Utah; and the Hombre Muerto project covering mining claims totaling 5,072 hectares situated in Argentina. The company was formerly known as Voltaic Minerals Corp. and changed its name to Alpha Lithium Corporation in July 2019.

Alpha Lithium Corporation Fundamentals Summary

How do Alpha Lithium's earnings and revenue compare to its market cap?
ALLI fundamental statistics
Market cap	CA$302.23m
Earnings (TTM)	-CA$11.08m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-27.3x

P/E Ratio

Is ALLI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALLI income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$11.08m
Earnings	-CA$11.08m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.054
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did ALLI perform over the long term?

See historical performance and comparison

ALLI Stock Overview

Risk Analysis

Alpha Lithium Corporation Competitors

TSX:LIRC

CA$316.7m

TSX:WRN

CA$317.2m

TSX:CNL

CA$367.1m

TSX:TMQ

CA$297.7m

Price History & Performance

Recent News & Updates

Alpha Lithium Corporation New Common Shares to Be Deleted from OTC Equity

TechEnergy Lithium Canada Inc. completed the acquisition of remaining 32.6% stake in Alpha Lithium Corporation (NEOE:ALLI).

Alpha Lithium Corporation Announces Management Changes

Alpha Lithium Corporation Announces Management Changes

Alpha Lithium to Be De-Listed from the NEO Exchange, Following Completion of the Amalgamation

TechEnergy Lithium Canada Inc. completed the acquisition of 67.4% stake in Alpha Lithium Corporation (NEOE:ALLI) for CAD 180 million.

Recent updates

Alpha Lithium Corporation New Common Shares to Be Deleted from OTC Equity

TechEnergy Lithium Canada Inc. completed the acquisition of remaining 32.6% stake in Alpha Lithium Corporation (NEOE:ALLI).

Alpha Lithium Corporation Announces Management Changes

Alpha Lithium Corporation Announces Management Changes

Alpha Lithium to Be De-Listed from the NEO Exchange, Following Completion of the Amalgamation

TechEnergy Lithium Canada Inc. completed the acquisition of 67.4% stake in Alpha Lithium Corporation (NEOE:ALLI) for CAD 180 million.

Independent Director recently sold CA$1.2m worth of stock

Alpha Lithium Corporation Completes Drilling Two Wells on One of its Existing Properties in Hombre Muerto

Less than half of directors are independent

Alpha Lithium Corporation Updates and Improves Preliminary Economic Assessment for Tolillar Project in Argentina

Alpha Lithium Corporation Significantly Increases Resource At Tolillar Salar, Argentina

Alpha Lithium Corporation Announces Positive Preliminary Economic Assessment Results for Tolillar Project in Argentina

Tecpetrol Investments S.L. cancelled the acquisition of Alpha Lithium Corporation (NEOE:ALLI) for approximately CAD 220 million.

Alpha Lithium Corporation Receives Independent Confirmation of Major Fresh Water Discovery At Tolillar Salar, Argentina

Alpha Lithium Corporation Receives Drilling Licenses for Hombre Muerto Salar in Argentina

Less than half of directors are independent

Alpha Lithium Corporation Achieves Best Grades To-Date At Tolillar Salar, Argentina

Alpha Lithium Corporation Announces Audit Committee Changes

Alpha Lithium Announces Maiden Resource At Tolillar Salar, Argentina

Alpha Lithium Corporation Reports First Operational Results in Hombre Muerto Salar, Argentina

Alpha Lithium Corporation, Annual General Meeting, Sep 13, 2022

Alpha Lithium Corporation Completes Drilling in Tolillar and Initiates Exploration At Hombre Muerto

Less than half of directors are independent

Price target decreased to CA$1.60

Chief Financial Officer exercised options to buy CA$105k worth of stock.

Uranium One Holding N.V. completed the acquisition of a 15% stake in Tolillar Salar in Argentina from Alpha Lithium Corporation (TSXV:ALLI).

Alpha Lithium Corporation has completed a Composite Units Offering in the amount of CAD 21.75 million.

Corporate Secretary & Director recently sold CA$156k worth of stock

Alpha Lithium Corporation (TSXV:ALLI) completed the acquisition of an additional 287 Hectares in Hombre Muerto Salar, Argentina for $0.7 million.

Alpha Lithium Corporation (TSXV:ALLI) has agreed to acquire an additional 287 Hectares in Hombre Muerto Salar, Argentina for $0.75 million.

Alpha Lithium Corporation Doubles Previous Milestone to Over 9,400 mg/L from In-House Direct Lithium Extraction Process

Alpha Lithium Achieves Milestone 4,540 mg/L from Direct Extraction Program

Alpha Lithium Corporation has completed a Composite Units Offering in the amount of CAD 20.007 million.

Alpha Lithium Corporation Commences Drilling of Phase Two of Its Three-Phase Drilling Program on Alpha’s 100% Owned, 27,500-Hectare Tolillar Salar

New 90-day high: CA$1.12

Director recently sold CA$50k worth of stock

Alpha Lithium Corporation Adds Second Rig and Accelerates Drilling Program At Tolillar Lithium Project in Argentina

Director exercised options to buy CA$204k worth of stock.

Independent Director recently sold CA$176k worth of stock

New 90-day high: CA$1.00

Alpha Lithium Provides Drilling Update for Tolillar Lithium Project in Argentina

New 90-day high: CA$0.78

Alpha Lithium Corporation Mobilizes Drilling Rig to Validate High Volume Lithium Brine Concentrations At Tolillar Lithium Project, Argentina

Alpha Lithium Corporation Signs Agreement with Beyond Lithium SA to Provide In-House Expertise Regarding Processing Brine and Direct Lithium Extraction Processes

Alpha Lithium Makes Significant Brine Discovery and Increases New Drill Locations At Tolillar Lithium Project, Argentina

Alpha Lithium Corporation Completes Latest Geophysics Program and Applies for Drilling Permits at its Tolillar Lithium Project, Argentina

New 90-day low: CA$0.53

Alpha Lithium Corporation has completed a Composite Units Offering in the amount of $5.000002 million.

Alpha Lithium Corporation announced that it has received CAD 3.704922 million in funding

Shareholder Returns

Price Volatility

About the Company

Alpha Lithium Corporation Fundamentals Summary

0.0x

-27.3x

Earnings & Revenue