LIT Stock Overview
Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Argentina.
Argentina Lithium & Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.35|
|52 Week High||CA$0.96|
|52 Week Low||CA$0.14|
|1 Month Change||-22.83%|
|3 Month Change||-8.97%|
|1 Year Change||153.57%|
|3 Year Change||491.67%|
|5 Year Change||-47.79%|
|Change since IPO||-99.55%|
Recent News & Updates
Companies Like Argentina Lithium & Energy (CVE:LIT) Are In A Position To Invest In Growth
Just because a business does not make any money, does not mean that the stock will go down. Indeed, Argentina Lithium...
|LIT||CA Metals and Mining||CA Market|
Return vs Industry: LIT exceeded the Canadian Metals and Mining industry which returned -7.3% over the past year.
Return vs Market: LIT exceeded the Canadian Market which returned 4.6% over the past year.
|LIT Average Weekly Movement||8.2%|
|Metals and Mining Industry Average Movement||10.8%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||16.9%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: LIT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: LIT's weekly volatility has decreased from 18% to 8% over the past year.
About the Company
Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Argentina. The company holds 100% interest in the Incahuasi lithium project covering an area of approximately 13,372 hectares of granted mineral rights properties located in the Catamarca Province, Argentina. It also has an option to acquire 100% interest in Antofalla lithium project, and Pocitos project covering an area of 26,000 hectares, as well as Rincon West project covering an area of 2,370 hectares located in Salta, Argentina.
Argentina Lithium & Energy Fundamentals Summary
|LIT fundamental statistics|
Is LIT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LIT income statement (TTM)|
|Cost of Revenue||CA$169.52k|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.035|
|Net Profit Margin||0.00%|
How did LIT perform over the long term?See historical performance and comparison
Is Argentina Lithium & Energy undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LIT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate LIT's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: LIT is unprofitable, so we can't compare its PE Ratio to the Canadian Metals and Mining industry average.
PE vs Market: LIT 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 LIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LIT is overvalued based on its PB Ratio (3.7x) compared to the CA Metals and Mining industry average (2x).
How is Argentina Lithium & Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Materials industry annual growth in earnings
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 Argentina Lithium & Energy 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 SimplyWall St do have past financial data.
How has Argentina Lithium & Energy performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LIT is currently unprofitable.
Growing Profit Margin: LIT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LIT is unprofitable, but has reduced losses over the past 5 years at a rate of 26.2% per year.
Accelerating Growth: Unable to compare LIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LIT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-3.8%).
Return on Equity
High ROE: LIT has a negative Return on Equity (-36.25%), as it is currently unprofitable.
How is Argentina Lithium & Energy's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: LIT's short term assets (CA$5.6M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: LIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LIT is debt free.
Reducing Debt: LIT had no debt 5 years ago.
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: LIT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LIT has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 7.8% each year.
What is Argentina Lithium & Energy current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LIT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LIT'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 LIT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LIT'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 LIT has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Niko Cacos (54 yo)
Mr. Nikolaos Cacos, B.Sc., M.I.M., also known as Niko, has been the Chief Executive Officer and President of Blue Sky Uranium Corp. since September 2014. He is a Director and Officer of Grosso Group Manage...
Experienced Management: LIT's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: LIT's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LIT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 69.4%.
Argentina Lithium & Energy Corp.'s employee growth, exchange listings and data sources
- Name: Argentina Lithium & Energy Corp.
- Ticker: LIT
- Exchange: TSXV
- Founded: 2000
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: CA$26.327m
- Shares outstanding: 74.16m
- Website: https://www.argentinalithium.com
- Argentina Lithium & Energy Corp.
- 837 West Hastings Street
- Suite 312
- British Columbia
- V6C 3N6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 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.