Lithium Ionic (DB:H3N) - Stock Price, News & Analysis

H3N Stock Overview

Engages in the acquisition, exploration, and development of lithium properties in Brazil. More details

H3N fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 99% below our estimate of its fair value

Risk Analysis

Has less than 1 year of cash runway

Highly volatile share price over the past 3 months compared to the German market

Makes less than USD$1m in revenue (CA$0)

Shareholders have been diluted in the past year

+ 1 more risk

Lithium Ionic Corp. Competitors

Greenland Resources

DB:M0LY

€62.1m

IberAmerican Lithium

DB:W2C

€438.0k

Pasinex Resources

DB:PNX

€1.6m

BRAIN Biotech

XTRA:BNN

€70.6m

Price History & Performance

Summary of all time highs, changes and price drops for Lithium Ionic
Historical stock prices
Current Share Price	CA$0.53
52 Week High	CA$1.17
52 Week Low	CA$0.27
Beta	1.09
11 Month Change	-1.87%
3 Month Change	29.95%
1 Year Change	-51.83%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-47.24%

Recent updates

Shareholder Returns

	H3N	DE Metals and Mining	DE Market
7D	19.9%	4.8%	-1.3%
1Y	-51.8%	-27.0%	7.4%

Return vs Industry: H3N underperformed the German Metals and Mining industry which returned -25.3% over the past year.

Return vs Market: H3N underperformed the German Market which returned 7.1% over the past year.

Price Volatility

Is H3N's price volatile compared to industry and market?
H3N volatility
H3N Average Weekly Movement	11.2%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: H3N's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: H3N's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Blake Hylands	lithiumionic.com

Lithium Ionic Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of lithium properties in Brazil. Its flagship properties include a 100% ownership in the Itinga lithium project that comprises seven mineral licenses covering an area of approximately 1,300 hectares in the prolific Aracuai lithium province; and 85% interest in the Salinas project located in the northeastern part of Minas Gerais state. The company is headquartered in Toronto, Canada.

Lithium Ionic Corp. Fundamentals Summary

How do Lithium Ionic's earnings and revenue compare to its market cap?
H3N fundamental statistics
Market cap	€85.56m
Earnings (TTM)	-€32.93m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.9x

P/E Ratio

Is H3N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
H3N income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$48.22m
Earnings	-CA$48.22m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.30
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did H3N perform over the long term?

See historical performance and comparison

H3N Stock Overview

Rewards

Risk Analysis

Lithium Ionic Corp. Competitors

DB:M0LY

€62.1m

DB:W2C

€438.0k

DB:PNX

€1.6m

XTRA:BNN

€70.6m

Price History & Performance

Recent News & Updates

Lithium Ionic Corp. Announces New Drill Results from the Ongoing Drilling Program At Its Bandeira Lithium Project

Lithium Ionic Corp. Announces Board Changes

New major risk - Financial position

Lithium Ionic Corp. Initiates Drilling at Four Properties Surrounding Bandeira Development Project and Expands Salinas Drilling Program to 30,000m in the Lithium Valley, Minas Gerais, Brazil

Lithium Ionic Corp. announced that it has received CAD 15.9928 million in funding

Lithium Ionic Corp. announced that it expects to receive CAD 14.999999 million in funding

Recent updates

Lithium Ionic Corp. Announces New Drill Results from the Ongoing Drilling Program At Its Bandeira Lithium Project

Lithium Ionic Corp. Announces Board Changes

New major risk - Financial position

Lithium Ionic Corp. Initiates Drilling at Four Properties Surrounding Bandeira Development Project and Expands Salinas Drilling Program to 30,000m in the Lithium Valley, Minas Gerais, Brazil

Lithium Ionic Corp. announced that it has received CAD 15.9928 million in funding

Lithium Ionic Corp. announced that it expects to receive CAD 14.999999 million in funding

Lithium Ionic Corp. Announces Feasibility Study Results for the Bandeira Lithium Project, Minas Gerais, Brazil

Lithium Ionic Corp. Files NI 43-101 Technical Report for the Bandeira Lithium Project Mineral Resource Estimate, Minas Gerais, Brazil

Lithium Ionic Corp., Annual General Meeting, Jul 26, 2024

Lithium Ionic Corp. Receives Water Rights for Bandeira Lithium Project, Minas Gerais, Brazil

Lithium Ionic Corp. ReportS New Assay Results for 23 Drill Holes from Its Feasibility-Stage Bandeira Lithium Project

Lithium Ionic Corp. Expands Newly Discovered Zone At Salinas

New major risk - Financial position

Lithium Ionic Corp. Announces 26% Increase in Global Mineral Resources with an Updated Mineral Resource Estimate At Its Bandeira Project, Minas Gerais, Brazil

Lithium Ionic Corp. Announces Maiden Mineral Resource Estimate and Initiation of PEA At Its Salinas Project, Minas Gerais, Brazil

Lithium Ionic Corp. Reports Assay Results from the Salinas Lithium Project, Located Approximately 100 Kilometres North of Its Feasibility-Stage Bandeira Lithium Project and the Outro Lado Lithium Deposit

New minor risk - Market cap size

Lithium Ionic Corp. Reports New Assay Results for 16 Drill Holes from Its Feasibility-Stage Bandeira Lithium Project

Lithium Ionic Corp. Reports Assay Results from the Salinas Lithium Project

Lithium Ionic Corp. Reports Assay Results for 15 Drill Holes from its Feasibility-Stage Bandeira Lithium Project, Situated in Northern Minas Gerais State, Brazil

CEO & Director recently bought €63k worth of stock

Lithium Ionic Corp. Reports Results from the Ongoing Drilling Program At the Salinas Lithium Project

Lithium Ionic Corp. Appoints Paulo Guimaraes Misk as Chief Operating Officer to Lead the Development of the Bandeira Lithium Project, in Minas Gerais State, Brazil

President & Director recently bought €55k worth of stock

New major risk - Financial position

Lithium Ionic Corp. Reports Drill Results from the Bandeira Project , in Northern Minas Gerais State, Brazil

Less than half of directors are independent

Lithium Ionic Corp. Reports Results of Preliminary Economic Assessment and Updated Mineral Resource Estimate for its Wholly Owned Bandeira Project Located in Minas Gerais, Brazil

Lithium Ionic Corp. Announces Board Elections

Lithium Ionic Corp. Reports Drilling Results at Bandeira, Minas Gerais, Brazil

Lithium Ionic Drills 1.63% Li2o over 11.2m, 1.39% Li2o over 11.9m and 1.57% Li2o over 8.9m At Bandeira and Reports Further Results from the Salinas Exploration Program, Minas Gerais, Brazil

Lithium Ionic Corp. Reports Initial Drill Results from Itira and Infill Drilling Results from Bandeira

Lithium Ionic Files NI 43-101 Technical Report for Mineral Resource Estimate at Bandeira and Outro Lado, Minas Gerais, Brazil

Lithium Ionic Corp. announced that it has received CAD 28.750334 million in funding

Lithium Ionic Corp., Annual General Meeting, Sep 25, 2023

Lithium Ionic Corp. Reports Assay Results from Its 100%-Owned Bandeira Property

Lithium Ionic Corp. announced that it expects to receive CAD 25.00029 million in funding

Lithium Ionic Corp. Reports Assay Results from its 100%-Owned Bandeira Property, Located Within the Lithium-Rich Aracuai District in the State of Minas Gerais, Brazil

New major risk - Financial position

Lithium Ionic Corp. Announces Maiden Mineral Resource Estimate At Its Itinga Project in Minas Gerais, Brazil, Drilling Program Expanded with 13 Rigs Operating PEA Underway

Lithium Ionic Reports Assay Results from Its 100%-Owned Bandeira Property, Located Within the Lithium-Rich Araçuaí District in the State of Minas Gerais, Brazil

Lithium Ionic Corp. Reports Additional Assays Results from the Galvani Target

No independent directors

CEO & Director recently bought €61k worth of stock

President & Director recently bought €107k worth of stock

Lithium Ionic Corp Reports Assay Results from an Ongoing Drilling Program At Its 100%-Owned Bandeira Property

No independent directors

Shareholder Returns

Price Volatility

About the Company

Lithium Ionic Corp. Fundamentals Summary

0.0x

-2.9x

Earnings & Revenue