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LIT

Argentina Lithium & EnergyTSXV:LIT Stock Report

Last Price

CA$0.47

Market Cap

CA$32.2m

7D

22.4%

1Y

365.0%

Updated

18 Jan, 2022

Data

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

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.

Price History & Performance

Summary of all time highs, changes and price drops for Argentina Lithium & Energy
Historical stock prices
Current Share PriceCA$0.47
52 Week HighCA$0.96
52 Week LowCA$0.09
Beta1.98
1 Month Change20.78%
3 Month Change-29.55%
1 Year Change365.00%
3 Year Change158.33%
5 Year Change-57.73%
Change since IPO-99.41%

Recent News & Updates

Oct 20
Here's Why We're Not Too Worried About Argentina Lithium & Energy's (CVE:LIT) Cash Burn Situation

Here's Why We're Not Too Worried About Argentina Lithium & Energy's (CVE:LIT) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

LITCA Metals and MiningCA Market
7D22.4%2.3%2.4%
1Y365.0%0.6%19.9%

Return vs Industry: LIT exceeded the Canadian Metals and Mining industry which returned 0.8% over the past year.

Return vs Market: LIT exceeded the Canadian Market which returned 19.1% over the past year.

Price Volatility

Is LIT's price volatile compared to industry and market?
LIT volatility
LIT Average Weekly Movement16.8%
Metals and Mining Industry Average Movement10.5%
Market Average Movement9.7%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.7%

Stable Share Price: LIT is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: LIT's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
2000n/aNiko Cacoshttps://www.argentinalithium.com

Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Argentina. It holds a 100% interest in the Incahuasi lithium project covering an area of approximately 25,500 hectares of granted mineral rights properties located in the Catamarca Province, Argentina. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp. in September 2016.

Argentina Lithium & Energy Fundamentals Summary

How do Argentina Lithium & Energy's earnings and revenue compare to its market cap?
LIT fundamental statistics
Market CapCA$32.18m
Earnings (TTM)-CA$884.69k
Revenue (TTM)n/a

0.0x

P/S Ratio

-36.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LIT income statement (TTM)
RevenueCA$0
Cost of RevenueCA$156.01k
Gross Profit-CA$156.01k
ExpensesCA$728.68k
Earnings-CA$884.69k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did LIT perform over the long term?

See historical performance and comparison

Valuation

Is Argentina Lithium & Energy undervalued compared to its fair value and its price relative to the market?

52.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LIT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LIT's fair value to establish if it is undervalued.


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 (52.6x) compared to the CA Metals and Mining industry average (2.5x).


Future Growth

How is Argentina Lithium & Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.5%

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.


Past Performance

How has Argentina Lithium & Energy performed over the past 5 years?

18.6%

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 18.6% 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 (93.2%).


Return on Equity

High ROE: LIT has a negative Return on Equity (-144.44%), as it is currently unprofitable.


Financial Health

How is Argentina Lithium & Energy's financial position?


Financial Position Analysis

Short Term Liabilities: LIT's short term assets (CA$429.9K) exceed its short term liabilities (CA$156.4K).

Long Term Liabilities: LIT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: LIT is debt free.

Reducing Debt: LIT has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.


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: LIT has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: LIT is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.


Dividend

What is Argentina Lithium & Energy current dividend yield, its reliability and sustainability?


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.


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 LIT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

5.2yrs

Average management tenure


CEO

Niko Cacos (54 yo)

8.33yrs

Tenure

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...


Leadership Team

Experienced Management: LIT's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: LIT'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: LIT insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 108.8%.


Top Shareholders

Company Information

Argentina Lithium & Energy Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Argentina Lithium & Energy Corp.
  • Ticker: LIT
  • Exchange: TSXV
  • Founded: 2000
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$32.185m
  • Shares outstanding: 69.21m
  • Website: https://www.argentinalithium.com

Location

  • Argentina Lithium & Energy Corp.
  • 837 West Hastings Street
  • Suite 312
  • Vancouver
  • British Columbia
  • V6C 3N6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 01:09
End of Day Share Price2022/01/17 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.