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American Lithium

TSXV:LI
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LI
TSXV
CA$31M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration for, and development of lithium deposits in the Americas. The last earnings update was 50 days ago. More info.


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  • American Lithium has significant price volatility in the past 3 months.
LI Share Price and Events
7 Day Returns
23.5%
TSXV:LI
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
22%
TSXV:LI
-5.9%
CA Metals and Mining
0.7%
CA Market
LI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
American Lithium (LI) 23.5% 29.9% 22% 22% -75% 11.1%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • LI outperformed the Metals and Mining industry which returned -5.9% over the past year.
  • LI outperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
LI
Industry
5yr Volatility vs Market

Value

 Is American Lithium undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for American Lithium. This is due to cash flow or dividend data being unavailable. The share price is CA$0.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for American Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are American Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:LI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.29
TSXV:LI Share Price ** TSXV (2019-03-20) in CAD CA$0.5
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of American Lithium.

TSXV:LI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:LI Share Price ÷ EPS (both in CAD)

= 0.5 ÷ -0.29

-1.74x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Lithium is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • American Lithium is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does American Lithium's expected growth come at a high price?
Raw Data
TSXV:LI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for American Lithium, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on American Lithium's assets?
Raw Data
TSXV:LI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.34
TSXV:LI Share Price * TSXV (2019-03-20) in CAD CA$0.5
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:LI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:LI Share Price ÷ Book Value per Share (both in CAD)

= 0.5 ÷ 0.34

1.46x

* Primary Listing of American Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • American Lithium is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess American Lithium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. American Lithium has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is American Lithium expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as American Lithium has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is American Lithium expected to grow at an attractive rate?
  • Unable to compare American Lithium's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare American Lithium's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare American Lithium's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:LI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:LI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:LI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 -6 -12
2018-08-31 -3 -9
2018-05-31 -2 -8
2018-02-28 -1 -7
2017-11-30 -1 -2
2017-08-31 -2 -3
2017-05-31 -3 -3
2017-02-28 -4 -5
2016-11-30 -3 -4
2016-08-31 -2 -3
2016-05-31 -1 -2
2016-02-29 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if American Lithium is high growth as no earnings estimate data is available.
  • Unable to determine if American Lithium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:LI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from American Lithium Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LI Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.29
2018-08-31 -0.31
2018-05-31 -0.38
2018-02-28 -0.52
2017-11-30 -0.19
2017-08-31 -0.29
2017-05-31 -0.34
2017-02-28 -0.63
2016-11-30 -0.71
2016-08-31 -0.75
2016-05-31 -0.79
2016-02-29 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if American Lithium will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine American Lithium's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. American Lithium's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. American Lithium's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess American Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
American Lithium has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has American Lithium performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare American Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • American Lithium does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare American Lithium's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare American Lithium's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
American Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from American Lithium Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:LI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -11.50 6.81
2018-08-31 -8.74 4.30
2018-05-31 -7.51 2.63
2018-02-28 -7.03 2.19
2017-11-30 -2.12 1.66
2017-08-31 -2.99 2.49
2017-05-31 -3.37 3.29
2017-02-28 -5.02 4.82
2016-11-30 -4.37 4.14
2016-08-31 -3.36 3.18
2016-05-31 -2.09 1.94
2016-02-29 -0.14 0.12
2015-11-30 -0.07 0.05
2015-08-31 -0.03 0.02
2015-05-31 -0.03 0.02
2015-02-28 -0.03 0.03
2014-11-30 -0.06 0.04
2014-08-31 -0.12 0.09
2014-05-31 -0.20 0.11
2014-02-28 -0.21 0.13
2013-11-30 -0.21 0.13
2013-08-31 -0.16 0.09
2013-05-31 -0.10 0.09
2013-02-28 -0.10 0.08
2012-11-30 -2.45 0.09
2012-08-31 -2.45 0.09
2012-05-31 -2.45 0.09

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if American Lithium has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if American Lithium has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if American Lithium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess American Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
American Lithium has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is American Lithium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up American Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • American Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • American Lithium has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of American Lithium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • American Lithium has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from American Lithium Company Filings, last reported 3 months ago.

TSXV:LI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 20.83 0.00 2.09
2018-08-31 18.78 0.00 0.42
2018-05-31 16.38 0.00 2.53
2018-02-28 17.05 0.00 3.93
2017-11-30 17.49 0.00 0.04
2017-08-31 17.67 0.00 0.11
2017-05-31 18.52 0.00 0.55
2017-02-28 18.75 0.00 0.86
2016-11-30 14.97 0.17 0.15
2016-08-31 15.72 0.00 0.71
2016-05-31 8.34 0.00 2.34
2016-02-29 0.15 0.00 0.15
2015-11-30 0.00 0.00 0.01
2015-08-31 -0.03 0.02 0.00
2015-05-31 -0.02 0.02 0.01
2015-02-28 -0.01 0.00 0.00
2014-11-30 0.00 0.00 0.00
2014-08-31 0.00 0.00 0.00
2014-05-31 0.01 0.00 0.00
2014-02-28 0.02 0.00 0.02
2013-11-30 -0.43 0.41 0.00
2013-08-31 -0.37 0.41 0.13
2013-05-31 -0.34 0.30 0.00
2013-02-28 -0.32 0.30 0.00
2012-11-30 -0.28 0.23 0.00
2012-08-31 -0.26 0.23 0.00
2012-05-31 -0.24 0.22 0.00
  • American Lithium has no debt.
  • American Lithium currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • American Lithium has less than a year of cash runway based on current free cash flow.
  • American Lithium has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.8% each year.
X
Financial health checks
We assess American Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. American Lithium has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is American Lithium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from American Lithium dividends.
If you bought CA$2,000 of American Lithium shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate American Lithium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate American Lithium's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:LI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as American Lithium has not reported any payouts.
  • Unable to verify if American Lithium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of American Lithium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as American Lithium has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess American Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can American Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. American Lithium has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of American Lithium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Kobler
COMPENSATION CA$630,143
AGE 60
TENURE AS CEO 2.1 years
CEO Bio

Mr. Michael H. Kobler B.sc, also known as Mike, serves as an Technical Advisor of M2 Cobalt Corp. since January 2018. Mr. Kobler serves as CEO and Director of American Lithium and has served in a variety of roles for early stage companies including, Chairman, Chief Executive Officer, President, Technical Advisor, Engineer and Project Manager, a long with being a major shareholder in a number of these ventures. He has been Director of ePower Metals Inc. since May 3, 2018. Mr. Kobler serves as an Interim Chief Executive Officer of American Lithium Corp. since February 13, 2017 and also has been its Chief Operating Officer since August 10, 2016 and Executive Director since March 2, 2016. Mr. Kobler founded Underground Energy Corporation in 2007 and has been its Chief Executive Officer and President since December 2007 and May 2010 respectively. He is responsible for Underground Energy's corporate management and operations, financing and investor relations. Mr. Kobler has over 35 years experience in the resource sector, specializing in identifying, acquiring, developing and producing natural resource opportunities throughout the world . This experience includes overseeing the design and construction of a number of mining and tunnelling projects. He has been an Executive Chairman of Menika Mining Ltd. since March 2, 2016. He serves as an Executive Director of Careaga Sand & Asphalt Company. He served as the Chief Executive Officer of American Lithium Corp. from March 2, 2016 to August 10, 2016 and served as its Executive Chairman from August 10, 2016 to November 16, 2016. Prior to Underground Energy, he co-founded OSUM Oil Sands Corp. and served as its Chief Executive Officer, Executive Vice President and Vice President. He served as the President of Underground Construction Managers (UCM). He is a Director of ArcScan Inc. since February 2014. He has been the Chairman of the Board at Underground Energy Corporation since August 2011 and as its Director since June 4, 2007. He served as a Director of M2 Cobalt Corp. (also known as Accend Capital Corporation) since March 20, 2017 until January 2018. He served as a Member of Advisory Board at Mongolia Holdings, Inc. (formerly Consolidation Services, Inc.) since December 2010. He served as a Director of OSUM Oil Sands Corp. Over the past 35 years, he has specialized in identifying, acquiring and producing natural resources and infrastructure developments throughout the world. Mr. Kobler holds a B Sc in Mining Engineering from Montana College of Mineral Science and Technology.

CEO Compensation
  • Insufficient data for Mike to compare compensation growth.
  • Mike's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the American Lithium management team in years:

2.1
Average Tenure
  • The tenure for the American Lithium management team is about average.
Management Team

Mike Kobler

TITLE
COO, Interim CEO & Director
COMPENSATION
CA$630K
AGE
60
TENURE
2.1 yrs

Andy Bowering

TITLE
Director & Interim CFO
AGE
57
TENURE
1.6 yrs

Dana Brock

TITLE
Vice President of Geosciences & Engineering
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure and age of the American Lithium board of directors in years:

2.8
Average Tenure
60
Average Age
  • The average tenure for the American Lithium board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mike Kobler

TITLE
COO, Interim CEO & Director
COMPENSATION
CA$630K
AGE
60
TENURE
3 yrs

Andy Bowering

TITLE
Director & Interim CFO
AGE
57
TENURE
1.8 yrs

Andrew Squires

TITLE
Director
TENURE
2.8 yrs

David Swan

TITLE
Member of Advisory Board
TENURE
2.8 yrs

Jerry Aiken

TITLE
Member of Technical Advisory Board
AGE
75
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
23. Oct 18 Sell Michael Kobler Individual 22. Oct 18 23. Oct 18 -50,000 CA$0.69 CA$-34,477
10. May 18 Buy Michael Kobler Individual 11. Sep 17 07. May 18 22,000 CA$0.32 CA$6,920
X
Management checks
We assess American Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. American Lithium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration for, and development of lithium deposits in the Americas. The company holds a 100% interest in the Fish Lake Valley project covering an area of 7,840 acres located in Esmeralda County, Nevada; and holds an option to acquire the San Emidio Project covering an area of 2,240 acres located in Washoe County in Nevada. It also holds interest in the Tonopah Lithium Claims that comprise 75 lode claims covering an area of 1,550 acres located northeast of Tonopah Nevada. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is based in Vancouver, Canada.

Details
Name: American Lithium Corp.
LI
Exchange: TSXV
Founded: 1974
CA$30,512,871
61,025,742
Website: http://www.americanlithiumcorp.com
Address: American Lithium Corp.
1030 West Georgia Street,
Suite 1507,
Vancouver,
British Columbia, V6E 2Y3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV LI Common Shares TSX Venture Exchange CA CAD 13. Sep 1988
OTCPK LIAC.F Common Shares Pink Sheets LLC US USD 13. Sep 1988
DB 5LA1 Common Shares Deutsche Boerse AG DE EUR 13. Sep 1988
Number of employees
Current staff
Staff numbers
0
American Lithium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:40
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/01/29
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/02/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.