American Lithium Balance Sheet Health

Financial Health criteria checks 4/6

American Lithium has a total shareholder equity of CA$160.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$163.1M and CA$3.0M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$7.81m
Equity	CA$160.16m
Total liabilities	CA$2.96m
Total assets	CA$163.12m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 5LA1's short term assets (CA$9.6M) exceed its short term liabilities (CA$2.3M).

Long Term Liabilities: 5LA1's short term assets (CA$9.6M) exceed its long term liabilities (CA$688.3K).

Debt to Equity History and Analysis

Debt Level: 5LA1 is debt free.

Reducing Debt: 5LA1 had no debt 5 years ago.

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: 5LA1 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 5LA1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.7% each year

American Lithium Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Independent Director recently sold €67k worth of stock

American Lithium Corp. Provides Operations Update

Less than half of directors are independent

American Lithium Corp. Appoints Rona Sellers to Its Board of Directors and Corporate Governance, Nominating and Compensation Committee

Chairman of Board recently sold €98k worth of stock

American Lithium Corp., Annual General Meeting, Nov 27, 2024

American Lithium Corp. Announces CEO Changes

American Lithium Corp. Announces the Resignation of Simon Clarke as Director, Effective September 1, 2024

American Lithium Corp. Announces CFO Changes

American Lithium Corp. Announces CFO Changes

New minor risk - Market cap size

Chairman of Board recently bought €73k worth of stock

New major risk - Share price stability

American Lithium Corp. Announces the Results of Its Updated Preliminary Economic Assessment for the Falchani Lithium Project Located in Puno, South South Peru

American Lithium Corp. Announces Unanimous Ruling from Superior Court of Peru Confirming Company's Title to 32 Disputed Concessions, INGEMMET and MINEM Petition the Supreme Court in A Final Attempt to Reverse the Ruling

American Lithium Corp. Announces Results from 14 Step Out Drill Holes Expanding the Measured Resource Footprint At the Tonopah Lithium Project (TLC), Located Near the Town of Tonopah, in Nevada

American Lithium Files Semi-Detailed Environmental Impact Assessment Study to Start Falchani Mine Permitting Process Ahead of Schedule

American Lithium Corp. Announces 476% Increase in Measured + Indicated Lithium Resources At Falchani -- Adds K, Cs and Rb to Block Model

American Lithium Corp. Continues to Refine TLC PEA Flow-Sheet Higher Lithium Purity with Lower Leach Temperature Indicates Enhanced Economic Potential

American Lithium Corp. Announces New Lithium Discovery from Initial Drill Hole Completed at One of Key Discovery Targets Identified from 2021 Field Work Conducted Near Community of Quelcaya

American Lithium Corp., Annual General Meeting, Nov 15, 2023

American Lithium Corp. Continues to Refine TLC PEA Flow-Sheet

American Lithium Corp. Provides Assay Results from Four Additional Vertical Diamond Drill Holes

New major risk - Financial position

American Lithium Corp. Provides Details of Assay Results from Three Diamond Drill Holes Recently Drilled At the Falchani Lithium Project in Puno, Southeastern Peru

New major risk - Revenue and earnings growth

American Lithium Corp. Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling At and Around Falchani Peru

Chairman of Board recently sold €912k worth of stock

American Lithium Corp. Appoints Carsten Korch to the Board of Directors as an Independent Director Based in Lima, Peru

American Lithium Corp. Announces the Results of Maiden Preliminary Economic Assessment for the Tonopah Lithium Claims Project

American Lithium Corp. Announces Results of Confirmatory Lithium Leaching and Lithium Carbonate Precipitation Test Work from Tonopah Lithium Claims ("Tlc") Mineralization

American Lithium Corp. Reports Large Increase in Lithium Resources At TLC - Measured LCE Resource Increases 25%; Indicated LCE Resource Increases 129%

American Lithium Corp. Provides an Updated Mineral Resource Estimate

Less than half of directors are independent

American Lithium Corp. Appoints Carsten Korch to the Board of Directors and Audit Committee Member

American Lithium Corp. Commences Eia Drilling At Falchani and Awards Pea Update Work to Dra Global and Stantec Inc

American Lithium Corp. Approves Election of Ben Binninger as Director

High number of new and inexperienced directors

American Lithium Corp Intersects UP to 2,900 Ppm Li in Best Results to Date from Thick Lithium Claystone Averaging 1,550 Ppm Li over 50.3 M in Hole TLC-2206C

American Lithium Corp. Launches Pre-Feasibility Work At Falchani, with Initiation of EIA with SRK

American Lithium Corp. Announces Management Appointments

American Lithium Validates Sulfate of Potash as a Strategic By-Product of Future Lithium Production at Falchani

American Lithium Corp., Annual General Meeting, Aug 22, 2022

Less than half of directors are independent

American Lithium Corp Announces Highest Uranium Extraction Combined with Lowest Acid Consumption Achieved in Leach Testing At Macusani

American Lithium Corp. Receives Plan of Operations and Reclamation Permit Approvals to Commence Drilling At TLC

American Lithium Corp. Intersects thick Lithium-bearing Claystone at TLC North

American Lithium Corp. Announces Peruvian Court Confirms Appeals Filed Against Its Ruling Granting the Company Ownership over Disputed Concessions

American Lithium Corp. Announces Positive Prospecting, Mapping and Sampling Results from its Macusani Uranium Project

American Lithium Corp. Provide Details of Additional Progress Optimizing Recent Salt Roasting and Water Leaching Work on Lithium Mineralization

American Lithium Corp. (TSXV:LI) agreed to acquire Big Smoky Holdings Corp. from shareholders.

American Lithium Corp Reports Highest Lithium Extraction to Date from TLC Claystones with 97.4% Extraction from Sulfuric Acid Leach

American Lithium Commences Environmental Assessment Process with BLM, Updates Plan of Operations and Provides Update on Work Programs at TLC

American Lithium Corp. Announce Additional Promising Results on Process Development At Its Tonopah Lithium Claims Project Located Close to Tonopah, Nevada

American Lithium Provides Update on Plan of Operations for TLC

American Lithium Adds Drill-Ready Lithium Exploration Targets West of Falchani and Outlines Plans for Advancing Peruvian Lithium and Uranium Projects

COO & Director has left the company

American Lithium Corp. (TSXV:LI) completed the acquisition of Plateau Energy Metals Inc. (TSXV:PLU).

American Lithium Corp. announced that it has received CAD 15.0375 million in funding

American Lithium Corp. (TSXV:LI) entered into a definitive agreement to acquire Plateau Energy Metals Inc. (TSXV:PLU) for approximately CAD 100 million.

New 90-day high: €1.82

American Lithium Submits Plan of Operations to the Bureau of Land Management for the Next Phase of Operations

New 90-day high: €0.93

American Lithium Corp. Continues Drilling to Expand Resource and Provide Bulk Sample Materials for Additional Processing Options At Nevada TLC Lithium Project

American Lithium Corp. (TSXV:LI) completed the acquisition of a 100% interest in Certain Privately Held Lands and the Accompanying 1,176 acre-feet of Water Rights.

American Lithium Corp. (TSXV:LI) entered into an agreement to acquire Series of Lode Mining Claims of approximately 2,000 Acres in Nevada for CAD 6.8 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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