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Neo Lithium

TSXV:NLC
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NLC
TSXV
CA$69M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Neo Lithium Corp. engages in the exploration and development of resource properties. The last earnings update was 80 days ago. More info.


Add to Portfolio Compare Print
  • Neo Lithium has significant price volatility in the past 3 months.
NLC Share Price and Events
7 Day Returns
-14.5%
TSXV:NLC
-2.8%
CA Metals and Mining
-1.4%
CA Market
1 Year Returns
-44.9%
TSXV:NLC
19.6%
CA Metals and Mining
-4.4%
CA Market
NLC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Neo Lithium (NLC) -14.5% -11.9% -26.3% -44.9% -61.4% -
CA Metals and Mining -2.8% 0.3% 19.5% 19.6% -17.7% -13.4%
CA Market -1.4% -2.7% -3.1% -4.4% 3.4% -3.3%
1 Year Return vs Industry and Market
  • NLC underperformed the Metals and Mining industry which returned 19.6% over the past year.
  • NLC underperformed the Market in Canada which returned -4.4% over the past year.
Price Volatility
NLC
Industry
5yr Volatility vs Market

NLC Value

 Is Neo Lithium undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Neo Lithium. This is due to cash flow or dividend data being unavailable. The share price is CA$0.59.
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 Neo Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Neo Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:NLC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$0.01
TSXV:NLC Share Price ** TSXV (2019-08-16) in CAD CA$0.59
Canada Metals and Mining Industry PE Ratio Median Figure of 98 Publicly-Listed Metals and Mining Companies 16.56x
Canada Market PE Ratio Median Figure of 532 Publicly-Listed Companies 13.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Neo Lithium.

TSXV:NLC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:NLC Share Price ÷ EPS (both in CAD)

= 0.59 ÷ 0.01

86.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neo Lithium is overvalued based on earnings compared to the CA Metals and Mining industry average.
  • Neo Lithium is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Neo Lithium's expected growth come at a high price?
Raw Data
TSXV:NLC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 86.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
-90.4%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 33 Publicly-Listed Metals and Mining Companies 1.15x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 0.9x

*Line of best fit is calculated by linear regression .

TSXV:NLC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 86.97x ÷ -90.4%

-0.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neo Lithium earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Neo Lithium's assets?
Raw Data
TSXV:NLC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.58
TSXV:NLC Share Price * TSXV (2019-08-16) in CAD CA$0.59
Canada Metals and Mining Industry PB Ratio Median Figure of 1,096 Publicly-Listed Metals and Mining Companies 1.41x
Canada Market PB Ratio Median Figure of 2,453 Publicly-Listed Companies 1.42x
TSXV:NLC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:NLC Share Price ÷ Book Value per Share (both in CAD)

= 0.59 ÷ 0.58

1.01x

* Primary Listing of Neo Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Neo Lithium is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Neo Lithium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Neo Lithium has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NLC Future Performance

 How is Neo Lithium expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
-90.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Neo Lithium expected to grow at an attractive rate?
  • Neo Lithium's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Neo Lithium's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.
  • Unable to compare Neo Lithium's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:NLC Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:NLC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts -90.4%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 35.9%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.4%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:NLC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:NLC Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 81 -36 1
2022-12-31 13 -64 1
2021-12-31 28 -12 2
2020-12-31 0 -5 -3 3
2019-12-31 0 -6 -3 4
TSXV:NLC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 3 1
2018-12-31 5 1
2018-09-30 -2 -7
2018-06-30 -1 -6
2018-03-31 -3 -8
2017-12-31 -6 -11
2017-09-30 -6 -10
2017-06-30 -6 -17
2017-03-31 -4 -15
2016-12-31 -2 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Neo Lithium's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Neo 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.
Raw Data
TSXV:NLC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Neo Lithium Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NLC Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 -0.02 -0.02 -0.02 1.00
2019-12-31 -0.03 -0.03 -0.03 1.00
TSXV:NLC Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 0.01
2018-12-31 0.01
2018-09-30 -0.06
2018-06-30 -0.06
2018-03-31 -0.08
2017-12-31 -0.12
2017-09-30 -0.12
2017-06-30 -0.24
2017-03-31 -0.26
2016-12-31 -0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Neo Lithium will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Neo Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Neo Lithium has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NLC Past Performance

  How has Neo Lithium performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Neo Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Neo Lithium's year on year earnings growth rate was positive over the past 5 years.
  • Neo Lithium has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Neo Lithium has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.
Earnings and Revenue History
Neo Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Neo Lithium Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:NLC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 0.80 7.87
2018-12-31 0.68 9.39
2018-09-30 -6.97 9.08
2018-06-30 -6.28 9.01
2018-03-31 -8.26 8.50
2017-12-31 -10.95 8.83
2017-09-30 -9.66 8.55
2017-06-30 -16.89 8.13
2017-03-31 -14.93 6.99
2016-12-31 -11.01 3.42

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Neo Lithium has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Neo Lithium used its assets less efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if Neo Lithium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Neo Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Neo Lithium 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.

Full details on the Past part of the Simply Wall St company analysis model.

NLC Health

 How is Neo Lithium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Neo Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Neo Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Neo Lithium's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Neo 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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Neo Lithium has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Neo Lithium Company Filings, last reported 4 months ago.

TSXV:NLC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 68.60 0.00 39.63
2018-12-31 73.06 0.00 44.84
2018-09-30 61.99 0.00 45.52
2018-06-30 69.25 0.00 49.21
2018-03-31 76.74 0.00 55.66
2017-12-31 75.44 0.00 61.24
2017-09-30 36.06 0.00 23.27
2017-06-30 37.61 0.00 26.22
2017-03-31 39.27 0.00 31.24
2016-12-31 17.48 0.00 13.11
  • Neo Lithium has no debt.
  • Neo Lithium has not taken on any debt in the past 5 years.
  • Neo Lithium has no debt, it does not need to be covered by operating cash flow.
  • Neo Lithium has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Neo Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Neo Lithium has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NLC Dividends

 What is Neo Lithium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Neo Lithium dividends. Estimated to be 0% next year.
If you bought CA$2,000 of Neo Lithium shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Neo Lithium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Neo Lithium's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:NLC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:NLC Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Neo Lithium has not reported any payouts.
  • Unable to verify if Neo Lithium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Neo Lithium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Neo Lithium has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Neo Lithium's dividends in 3 years as they are not expected to pay a notable one for Canada.
X
Income/ dividend checks
We assess Neo Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Neo Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Neo Lithium has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NLC Management

 What is the CEO of Neo Lithium's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Waldo Perez
COMPENSATION CA$390,000
AGE 55
TENURE AS CEO 3.6 years
CEO Bio

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 Americas Corp. from July 1, 2009 to June 25, 2013. Dr. Perez served as Interim Chief Executive Officer and President at Latin American Minerals Inc. since August 2009 and served as its Executive Vice-President of Exploration. He served as Senior Vice President of Exploration at Latin American Minerals Inc., since September 20, 2006. He worked in Canada and South America for recognized consulting firms and several international exploration and mining companies. Dr. Perez worked for Barrick Gold and was responsible for project generation and evaluation of world class mining districts in Argentina, Chile, Peru and Canada. He served as a Director of Latin American Minerals Inc. from September 20, 2006 to August 2015. He served as a Director at Lithium Americas Corp., from July 1, 2009 to June 25, 2013. He has been Director of Neo Lithium Corp. since February 9, 2016. He serves as a Member of the Society of Economic Geologists and the Prospectors and Developers Association of Canada. Dr. Perez received his PhD. (geology) in 1991 from the Universidad Nacional de Tucuman (Argentina) and completed his post-doctorate geology degree in 1992 at the University of Alberta.

CEO Compensation
  • Waldo's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Waldo's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Neo Lithium management team in years:

3
Average Tenure
  • The tenure for the Neo Lithium management team is about average.
Management Team

Waldo Perez

TITLE
President
COMPENSATION
CA$390K
AGE
55
TENURE
3.6 yrs

Carlos Vicens

TITLE
Chief Financial Officer
COMPENSATION
CA$300K
TENURE
3 yrs

Ruben Pindar

TITLE
COO & Director
COMPENSATION
CA$358K
AGE
47
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the Neo Lithium board of directors in years:

3.5
Average Tenure
56.5
Average Age
  • The tenure for the Neo Lithium board of directors is about average.
Board of Directors

Constantine Karayannopoulos

TITLE
Non- Executive Chairman
COMPENSATION
CA$160K
AGE
58
TENURE
3.5 yrs

Waldo Perez

TITLE
President
COMPENSATION
CA$390K
AGE
55
TENURE
3.5 yrs

Ruben Pindar

TITLE
COO & Director
COMPENSATION
CA$358K
AGE
47
TENURE
3.5 yrs

Tom Pladsen

TITLE
Director
COMPENSATION
CA$48K
AGE
59
TENURE
3.5 yrs

Mark King

TITLE
Member of The Technical Advisory Team
TENURE
1.3 yrs

Estanislao Auriemma

TITLE
Director
COMPENSATION
CA$3K
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Neo Lithium individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
18. Jul 19 Buy Waldo Perez Individual 16. Jul 19 16. Jul 19 103,000 CA$0.63 CA$64,830
14. Feb 19 Buy Constantine Karayannopoulos Individual 24. Jan 19 24. Jan 19 37,500 CA$0.79 CA$29,625
21. Jan 19 Buy Ruben Pindar Individual 16. Jan 19 18. Jan 19 100,000 CA$0.88 CA$84,602
18. Jan 19 Buy Waldo Perez Individual 16. Jan 19 16. Jan 19 55,800 CA$0.80 CA$44,530
26. Sep 18 Sell Thomas Pladsen Individual 21. Sep 18 21. Sep 18 -50,000 CA$1.08 CA$-54,000
X
Management checks
We assess Neo Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Neo Lithium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NLC News

Simply Wall St News

Those Who Purchased Neo Lithium (CVE:NLC) Shares A Year Ago Have A 57% Loss To Show For It

There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … TSXV:NLC Past and Future Earnings, June 5th 2019 We like that insiders have been buying shares in the last twelve months. … With the stock down 11% over the last three months, the market doesn't seem to believe that the company has solved all its problems.

Simply Wall St -

Are Insiders Buying Neo Lithium Corp. (CVE:NLC) Stock?

It's quite normal to see company insiders, such as board members, trading in company stock, from time to time. … That means that an insider was happy to buy shares at above the current price of CA$0.73. … As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.

Simply Wall St -

Do Directors Own Neo Lithium Corp. (CVE:NLC) Shares?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Neo Lithium is a smaller company with a market capitalization of CA$103m, so it may still be flying under the radar of many institutional investors. … institutional investors have bought into the company

Simply Wall St -

Are Insiders Selling Neo Lithium Corp. (CVE:NLC) Stock?

We often see insiders buying up shares in companies that perform well over the long term. … Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … So we'll take a look at whether insiders have been buying or selling shares in Neo Lithium Corp.

Simply Wall St -

Could The Neo Lithium Corp (CVE:NLC) Ownership Structure Tell Us Something Useful?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

What Does Neo Lithium Corp's (CVE:NLC) Ownership Structure Look Like?

In this article, I will take a quick look at Neo Lithium Corp’s (CVE:NLC) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

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What You Must Know About Neo Lithium Corp's (CVE:NLC) Major Investors

Although NLC has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … General Public Ownership The general public holds a substantial 53.52% stake in NLC, making it a highly popular stock among retail investors. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Interested In The Basic Materials Industry? Take A Look At Neo Lithium Corp (CVE:NLC)

TSXV:NLC PE PEG Gauge Jan 31st 18 The metals and mining industry is trading at a PE ratio of 12.2x, relatively similar to the rest of the Canadian stock market PE of 17x. … A loose alternative to gauge Neo Lithium’s value is to assume the stock should be relatively in-line with its industry. … The high growth prospect makes stocks such as Neo Lithium a more appealing investment case, though the industry is trading relatively in-line with the rest of the wider market.

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NLC Company Info

Description

Neo Lithium Corp. engages in the exploration and development of resource properties. The company explores for lithium deposits. It holds 100% interests in the Tres Quebradas project comprising 11 mining claims and 1 exploration claim covering an area of approximately 35,000 hectares is located in the southern end of the lithium triangle in the Puna Plateau in northern Argentina. The company was incorporated in 2016 and is based in Toronto, Canada.

Details
Name: Neo Lithium Corp.
NLC
Exchange: TSXV
Founded: 2016
CA$69,325,755
117,501,281
Website: http://www.neolithium.ca
Address: Neo Lithium Corp.
401 Bay Street,
Suite 2702,
Toronto,
Ontario, M5H 2Y4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV NLC Common Shares TSX Venture Exchange CA CAD 20. Jul 2016
OTCPK NTTH.F Common Shares Pink Sheets LLC US USD 20. Jul 2016
DB NE2 Common Shares Deutsche Boerse AG DE EUR 20. Jul 2016
Number of employees
Current staff
Staff numbers
0
Neo Lithium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/18 00:46
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/07/15
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.