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CRE

Critical Elements Lithium TSXV:CRE Stock Report

Last Price

CA$1.40

Market Cap

CA$288.9m

7D

3.7%

1Y

6.9%

Updated

30 Jun, 2022

Data

Company Financials +
CRE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CRE Stock Overview

Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada.

Critical Elements Lithium Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Critical Elements Lithium
Historical stock prices
Current Share PriceCA$1.40
52 Week HighCA$1.98
52 Week LowCA$1.13
Beta0.60
1 Month Change0.72%
3 Month Change-7.90%
1 Year Change6.87%
3 Year Change225.58%
5 Year Change26.70%
Change since IPO460.00%

Recent News & Updates

Shareholder Returns

CRECA Metals and MiningCA Market
7D3.7%-3.6%1.0%
1Y6.9%-17.8%-4.7%

Return vs Industry: CRE exceeded the Canadian Metals and Mining industry which returned -14.8% over the past year.

Return vs Market: CRE exceeded the Canadian Market which returned -3.7% over the past year.

Price Volatility

Is CRE's price volatile compared to industry and market?
CRE volatility
CRE Average Weekly Movement9.6%
Metals and Mining Industry Average Movement11.0%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market4.4%

Stable Share Price: CRE is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CRE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aJean-Sebastien Lavalleehttps://www.cecorp.ca

Critical Elements Lithium Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for copper, zinc, gold, silver, nickel, lead, lithium, niobium, tantalum, and platinum group and rare earth elements. Its flagship project is the Rose Lithium-Tantalum project that consists of 473 claims covering a total area of 246.55 square kilometers located in the Eastmain greenstone belt.

Critical Elements Lithium Fundamentals Summary

How do Critical Elements Lithium's earnings and revenue compare to its market cap?
CRE fundamental statistics
Market CapCA$288.88m
Earnings (TTM)-CA$4.21m
Revenue (TTM)n/a

0.0x

P/S Ratio

-68.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRE income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$4.21m
Earnings-CA$4.21m

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.02
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio1.1%

How did CRE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CRE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRE?

Other financial metrics that can be useful for relative valuation.

CRE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-50.3x
PEG Ration/a

Price to Book Ratio vs Peers

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

CRE PB Ratio vs Peers
The above table shows the PB ratio for CRE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average4.5x
QRC Queen's Road Capital Investment
1xn/aCA$325.5m
EMX EMX Royalty
1.6xn/aCA$261.4m
WRN Western Copper and Gold
2.4xn/aCA$268.2m
CNRI Canadian North Resources
13xn/aCA$295.9m
CRE Critical Elements Lithium
4.7xn/aCA$288.9m

Price-To-Book vs Peers: CRE is expensive based on its Price-To-Book Ratio (4.7x) compared to the peer average (4.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Book vs Industry: CRE is expensive based on its Price-To-Book Ratio (4.7x) compared to the Canadian Metals and Mining industry average (1.7x)


Price to Book Ratio vs Fair Ratio

What is CRE'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.

CRE PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.7x
Fair PB Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate CRE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CRE's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CRE's PEG Ratio to determine if it is good value.


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Future Growth

How is Critical Elements Lithium forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


82.3%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CRE's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if CRE's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if CRE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CRE is forecast to have no revenue next year.

High Growth Revenue: CRE is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CRE's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Critical Elements Lithium performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


8.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CRE is currently unprofitable.

Growing Profit Margin: CRE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CRE is unprofitable, but has reduced losses over the past 5 years at a rate of 8.5% per year.

Accelerating Growth: Unable to compare CRE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CRE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-6%).


Return on Equity

High ROE: CRE has a negative Return on Equity (-6.9%), as it is currently unprofitable.


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Financial Health

How is Critical Elements Lithium's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CRE's short term assets (CA$37.4M) exceed its short term liabilities (CA$2.3M).

Long Term Liabilities: CRE's short term assets (CA$37.4M) exceed its long term liabilities (CA$2.2M).


Debt to Equity History and Analysis

Debt Level: CRE has more cash than its total debt.

Reducing Debt: CRE's debt to equity ratio has reduced from 6.8% to 1.1% over the past 5 years.


Balance Sheet


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: CRE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CRE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 1.5% each year


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Dividend

What is Critical Elements Lithium current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CRE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CRE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CRE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CRE has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Jean-Sebastien Lavallee (41 yo)

11.58yrs

Tenure

CA$396,913

Compensation

Mr. Jean-Sebastien Lavallee, P.Geo, has been Chief Executive Officer of Critical Elements Lithium Corporation (formerly, First Gold Exploration, Inc.) since November 2010 and served as its President from N...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Jean-Sebastien's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Jean-Sebastien's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CRE's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: CRE's board of directors are considered experienced (5.2 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.


Top Shareholders

Company Information

Critical Elements Lithium Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Critical Elements Lithium Corporation
  • Ticker: CRE
  • Exchange: TSXV
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$288.876m
  • Shares outstanding: 206.34m
  • Website: https://www.cecorp.ca

Location

  • Critical Elements Lithium Corporation
  • 1080, Cote du Beaver Hall
  • Suite 2101
  • Montreal
  • Quebec
  • H2Z 1S8
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/02/28
Annual Earnings2021/08/31


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.