Lithion Energy Corp. operates as a mineral exploration company in the United States.
Flawless balance sheet with poor track record.
Share Price & News
How has Lithion Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LNC has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: LNC exceeded the Canadian Metals and Mining industry which returned 23.7% over the past year.
Return vs Market: LNC exceeded the Canadian Market which returned 6.6% over the past year.
Price Volatility Vs. Market
How volatile is Lithion Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StDoes Lithion Energy Corp. (CVE:LNC) Have A Volatile Share Price?
11 months ago | Simply Wall StLithion Energy Corp (CVE:LNC) Delivered A Better ROE Than Its Industry
1 year ago | Simply Wall StHow Lithion Energy Corp (CVE:LNC) Delivered A Better ROE Than Its Industry
Is Lithion Energy undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LNC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LNC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LNC is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: LNC 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 LNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LNC is overvalued based on its PB Ratio (6.1x) compared to the CA Metals and Mining industry average (1.3x).
How is Lithion Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Lithion 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.
- Examine Lithion Energy'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.
- Lithion Energy competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Lithion Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LNC has high quality earnings.
Growing Profit Margin: Insufficient data to determine if LNC's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: LNC is unprofitable, but has reduced losses over the past 5 years at a rate of 40.5% per year.
Accelerating Growth: Unable to compare LNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LNC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-23.6%).
Return on Equity
High ROE: LNC has a negative Return on Equity (-5.54%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Lithion Energy's financial position?
Financial Position Analysis
Short Term Liabilities: LNC's short term assets (CA$2.2M) exceeds its short term liabilities (CA$1.9K)
Long Term Liabilities: LNC has no long term liabilities
Debt to Equity History and Analysis
Debt Level: LNC is debt free.
Reducing Debt: LNC has not had any debt for past 5 years.
Inventory Level: LNC has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if LNC's debt is covered by short term assets.
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: LNC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LNC has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -0.2% each year
What is Lithion Energy's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate LNC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate LNC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LNC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LNC'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 LNC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
What is the CEO of Lithion Energy's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
Alex Granger 0
Mr. Alex Granger, B Com., has been the Chief Executive Officer and Director at Lithion Energy Corporation since May 2019. Mr. Granger is Managing Director of Xela Group Ltd., a consulting firm to the junio ...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD136.18K).
Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.
Board Age and Tenure
Experienced Board: LNC's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.
CEO & Director
- Tenure: 0.5yrs
Karen Dyczkowski (63yo)
CFO & Corporate Secretary
- Tenure: 3yrs
- Compensation: CA$30.00k
Warren Gilman (59yo)
Independent Chairman of the Board
- Tenure: 0.5yrs
CEO & Director
- Tenure: 0.5yrs
- Tenure: 0.3yrs
Lithion Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Lithion Energy Corp.
- Ticker: LNC
- Exchange: TSXV
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$18.943m
- Shares outstanding: 40.30m
- Website: https://www.lithionenergycorp.com
- Lithion Energy Corp.
- 1140 Pender Street
- Suite 1240
- British Columbia
- V6E 4G1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LNC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2011|
|BRSG.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2011|
|B8GN||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2011|
Lithion Energy Corp. operates as a mineral exploration company in the United States. It holds an interest in the Railroad Valley Lithium property, which includes 517 placer claims covering an area of appro ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/11/12 00:21|
|End of Day Share Price||2019/09/12 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.