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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Millennial Lithium. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Millennial Lithium's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Millennial 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Millennial Lithium's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Millennial Lithium's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Millennial Lithium's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Millennial Lithium is high growth as no earnings estimate data is available.
Unable to determine if Millennial 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.
Millennial Lithium's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Millennial Lithium's finances.
The net worth of a company is the difference between its assets and liabilities.
Millennial Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Millennial Lithium has no long term commitments.
This treemap shows a more detailed breakdown of
Millennial 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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Millennial Lithium has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
TENURE AS CEO
Mr. Farhad Abasov, B.A., MBA, serves as Senior Advisor of Ubequity Capital Partners Inc. Mr. Abasov has been Chief Executive Officer at Millennial Lithium Corp. since May 8, 2017. He has over 15 years of business management and entrepreneurial experience. He has a wealth of experience in the uranium industry where he served as Senior Manager with Atomic Energy of Canada, responsible for business development in Asia. He held various senior executive positions and directorships with leading domestic and international resource, energy and finance companies. Mr. Abasov served as the Chief Executive Officer and President of Allana Potash Corp. (Also known as Allana Resources Inc.) from October 1, 2008 to 2017. He served as Vice President of Strategic Communications at Uranium One Investments, Inc. He served as Vice President of Strategic Communications at Energy Metals Corporation. He served as Senior Vice President at Potash One. Prior to that, he served as Vice President of Portfolio Management and Vertical Integration for Uranium One Inc. Mr. Abasov was a Member of Energy Metals management team. He has been the Chairman at Automotive Finco Corp. (formerly known as Augyva Mining Resources Inc.) since August 25, 2016 and as its Independent Director since August 29, 2011. He served as Executive Chairman of Routemaster Capital Inc. from April 28, 2010 to February 18, 2016. He served as an Executive Chairman of Rodinia Lithium Inc from April 28, 2010 to February 18, 2016. He served as the Chairman of Celeste Mining Corp. from September 09, 2011 to February 6, 2013. He has been a Director of Allana Potash Corp. since October 1, 2008. He has been a Director at Millennial Lithium Corp. since May 8, 2017. He has been a Director of Celeste Mining Corp (alternate name: Celeste Copper Corporation) since September 9, 2011. He served as a Director of Wolfpack Gold Corp. from June 29, 2010 to May 15, 2013. He served as a Director of Tigris Uranium Corp. (alternate name: Dauntless Capital Corp.) from June 29, 2010. He served as a Director of enCore Energy Corp. from June 29, 2010 to May 15, 2013. He served as Director of Rodinia Lithium Inc from April 28, 2010 to February 18, 2016. Mr. Abasov has an MBA in International Business and Finance from the International University of Japan.
Insufficient data for Farhad to compare compensation growth.
Farhad's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Millennial Lithium management team is less than 2 years, this suggests a new team.
Chief Financial Officer
VP of Exploration & Development and COO
Senior Vice President of Technical Services
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Millennial Lithium board of directors is less than 3 years, this suggests a new board.
Board of Directors
Member of Technical Advisory Board
Member of Technical Advisory Board
Director of Proyecto Pastos Grandes
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Millennial Lithium insiders in the past 3 months.
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds 100% interest in the Pastos Grandes Lithium Project located in Salta Province, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp. in June 2016. Millennial Lithium Corp. was incorporated in 2005 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.