Nemaska Lithium Inc. operates as a developing chemical company in Canada.
+ 2 more risks
Imperfect balance sheet and overvalued.
Share Price & News
How has Nemaska Lithium's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NMX's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: NMX underperformed the Canadian Metals and Mining industry which returned 4.5% over the past year.
Return vs Market: NMX underperformed the Canadian Market which returned 4.9% over the past year.
Price Volatility Vs. Market
How volatile is Nemaska Lithium's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StDid Changing Sentiment Drive Nemaska Lithium's (TSE:NMX) Share Price Down A Painful 79%?
8 months ago | Simply Wall StWhat Kind Of Shareholders Own Nemaska Lithium Inc. (TSE:NMX)?
9 months ago | Simply Wall StDoes Nemaska Lithium Inc. (TSE:NMX) Have A High Beta?
Is Nemaska Lithium undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NMX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NMX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NMX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: NMX is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NMX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NMX is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (1.5x).
How is Nemaska Lithium forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if NMX's forecast earnings growth is above the savings rate (1.4%).
Earnings vs Market: Insufficient data to determine if NMX's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if NMX's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if NMX's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NMX's Return on Equity is forecast to be high in 3 years time
How has Nemaska Lithium performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMX is currently unprofitable.
Growing Profit Margin: NMX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NMX is unprofitable, and losses have increased over the past 5 years at a rate of -88.8% per year.
Accelerating Growth: Unable to compare NMX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NMX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (10.1%).
Return on Equity
High ROE: NMX has a negative Return on Equity (-140.07%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Nemaska Lithium's financial position?
Financial Position Analysis
Short Term Liabilities: NMX's short term assets (CA$135.4M) do not cover its short term liabilities (CA$241.9M).
Long Term Liabilities: NMX's short term assets (CA$135.4M) exceed its long term liabilities (CA$30.8M).
Debt to Equity History and Analysis
Debt Level: NMX's debt to equity ratio (55.5%) is considered high.
Reducing Debt: Insufficient data to determine if NMX's debt to equity ratio has reduced over the past 5 years.
Inventory Level: NMX has a high level of physical assets or inventory.
Debt Coverage by Assets: NMX's debt is not covered by short term assets (assets are 1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NMX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NMX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -59.4% each year.
What is Nemaska Lithium's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NMX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NMX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NMX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NMX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Guy Bourassa (61yo)
Mr. Guy G. Bourassa has been the President and Chief Executive Officer of Nemaska Lithium Inc. (formerly known as Nemaska Exploration Inc.) since 2008 and served as its Secretary. Mr. Bourassa has been Sec ...
CEO Compensation Analysis
Compensation vs Market: Guy's total compensation ($USD1.34M) is above average for companies of similar size in the Canadian market ($USD154.66K).
Compensation vs Earnings: Guy's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||11.8yrs||CA$953.97k||0.13% CA$128.6k|
|Vice President of Operations||1.1yrs||CA$492.06k||no data|
|VP of Legal Affairs & Corporate Secretary||3.4yrs||CA$794.11k||0.0013% CA$1.3k|
|Vice President of Human Resources & Organizational Development||3.3yrs||CA$527.45k||0.0080% CA$8.2k|
|Technical Consultant||0yrs||no data||no data|
|Technical Manager||7yrs||no data||no data|
Experienced Management: NMX's management team is seasoned and experienced (5.2 years average tenure).
|Independent Director||6.6yrs||CA$75.27k||0.049% CA$49.8k|
|Independent Director||11.3yrs||CA$100.40k||0.14% CA$142.1k|
|Independent Chairman of the Board||0.08yrs||CA$26.58k||no data|
|Independent Director||4.3yrs||CA$91.08k||0.021% CA$21.0k|
|Independent Director||1.8yrs||CA$35.44k||no data|
|Independent Director||1.2yrs||CA$53.44k||0.0017% CA$1.7k|
Experienced Board: NMX's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.1%.
Nemaska Lithium Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Nemaska Lithium Inc.
- Ticker: NMX
- Exchange: TSX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$101.801m
- Shares outstanding: 847.63m
- Website: https://www.nemaskalithium.com
Number of Employees
- Nemaska Lithium Inc.
- 450, rue de la Gare du Palais
- 1st Floor
- Quebec City
- G1K 3X2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NMX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 2010|
|NMKE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 2010|
|0V8H||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Jan 2010|
Nemaska Lithium Inc. operates as a developing chemical company in Canada. The company focuses on integrating activities from spodumene mining to the commercialization of lithium hydroxide and lithium carbonate. It owns 100% interests in the Whabouchi property that consists of 35 claims covering an area of 1,632.24 hectares located in the Eeyou Istchee/James Bay area of Quebec province. The company was formerly known as Nemaska Exploration Inc. and changed its name to Nemaska Lithium Inc. in November 2011. Nemaska Lithium Inc. was incorporated in 2007 and is headquartered in Quebec City, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:23|
|End of Day Share Price||2019/12/20 00:00|
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 here.