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.
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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
American Lithium's earnings available for a low price, and how does
this compare to other companies in the same industry?
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
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
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.
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.
American Lithium's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
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.
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
management team in years:
The tenure for the American Lithium management team is about average.
COO, Interim CEO & Director
Director & Interim CFO
Vice President of Geosciences & Engineering
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the American Lithium board of directors is less than 3 years, this suggests a new board.
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.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.