Neo Lithium Corp. engages in the exploration and development of resource properties.
Flawless balance sheet with proven track record.
Share Price & News
How has Neo Lithium's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NLC's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: NLC underperformed the Canadian Metals and Mining industry which returned 26.7% over the past year.
Return vs Market: NLC underperformed the Canadian Market which returned -10.1% over the past year.
Price Volatility Vs. Market
How volatile is Neo Lithium's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StHave Insiders Been Buying Neo Lithium Corp. (CVE:NLC) Shares?
1 month ago | Simply Wall StBefore You Buy Neo Lithium Corp. (CVE:NLC), Consider Its Volatility
3 months ago | Simply Wall StHow Much Of Neo Lithium Corp. (CVE:NLC) Do Insiders Own?
Is Neo Lithium undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NLC (CA$0.55) is trading above our estimate of fair value (CA$0.43)
Significantly Below Fair Value: NLC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NLC is good value based on its PE Ratio (3.1x) compared to the Metals and Mining industry average (17.7x).
PE vs Market: NLC is good value based on its PE Ratio (3.1x) compared to the Canadian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NLC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NLC is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.8x).
How is Neo Lithium forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Neo 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 SimplyWall St do have past financial data.
- Examine whether Neo Lithium is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Neo Lithium competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Neo Lithium performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NLC has a high level of non-cash earnings.
Growing Profit Margin: Insufficient data to determine if NLC's profit margins have improved over the past year.
Past Earnings Growth Analysis
Earnings Trend: NLC has become profitable over the past 5 years, growing earnings by 94.7% per year.
Accelerating Growth: NLC's earnings growth over the past year (2770.4%) exceeds its 5-year average (94.7% per year).
Earnings vs Industry: NLC earnings growth over the past year (2770.4%) exceeded the Metals and Mining industry 14.8%.
Return on Equity
High ROE: NLC's Return on Equity (32.3%) is considered high.
How is Neo Lithium's financial position?
Financial Position Analysis
Short Term Liabilities: NLC's short term assets (CA$31.7M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: NLC's short term assets (CA$31.7M) exceed its long term liabilities (CA$2.7M).
Debt to Equity History and Analysis
Debt Level: NLC is debt free.
Reducing Debt: NLC has not had any debt for past 5 years.
Debt Coverage: NLC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NLC has no debt, therefore coverage of interest payments is not a concern.
What is Neo Lithium's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NLC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NLC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NLC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NLC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NLC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Waldo Perez (55yo)
Dr. Waldo A. Perez, Ph.D., P.Geo. has been Chief Executive Officer and President of Neo Lithium Corp. since January 15, 2016. Dr. Perez served as the Chief Executive Officer and President of Lithium Americ ...
CEO Compensation Analysis
Compensation vs Market: Waldo's total compensation ($USD288.43K) is above average for companies of similar size in the Canadian market ($USD165.66K).
Compensation vs Earnings: Waldo's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||3.83yrs||CA$300.00k||0.015% CA$9.9k|
|COO & Director||4.33yrs||CA$357.50k||4.25% CA$2.7m|
Experienced Management: NLC's management team is considered experienced (3.8 years average tenure).
|COO & Director||4.33yrs||CA$357.50k||4.25% CA$2.7m|
|Independent Director||4.33yrs||CA$48.00k||0.13% CA$82.5k|
|Independent Non- Executive Chairman||4.33yrs||CA$160.00k||1.57% CA$1.0m|
|Member of The Technical Advisory Team||2.17yrs||no data||no data|
Experienced Board: NLC's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
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 not been meaningfully diluted in the past year.
Neo Lithium Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Neo Lithium Corp.
- Ticker: NLC
- Exchange: TSXV
- Founded: 2016
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$64.626m
- Shares outstanding: 117.50m
- Website: https://www.neolithium.ca
- Neo Lithium Corp.
- 401 Bay Street
- Suite 2702
- M5H 2Y4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NLC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 2016|
|NTTH.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 2016|
|NE2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 2016|
Neo Lithium Corp. engages in the exploration and development of resource properties. It explores for lithium deposits. The company holds interests in the Tres Quebradas project located in the southern end of the lithium triangle in the Puna Plateau in northern Argentina. Neo Lithium Corp. was incorporated in 2016 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 05:40|
|End of Day Share Price||2020/06/04 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.