Critical Elements Lithium Future Growth

Future criteria checks 3/6

Critical Elements Lithium is forecast to grow earnings and revenue by 116.9% and 92.4% per annum respectively while EPS is expected to grow by 117.9% per annum.

Key information

116.9%

Earnings growth rate

117.9%

EPS growth rate

Metals and Mining earnings growth	19.2%
Revenue growth rate	92.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	14 Aug 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

OTCPK:CREC.F - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
8/31/2027	415	223	126	223	1
8/31/2026	N/A	5	-414	-1	2
8/31/2025	N/A	-5	-270	-6	2
8/31/2024	N/A	0	-15	-6	N/A
5/31/2024	N/A	2	-17	-5	N/A
2/29/2024	N/A	-5	-17	-6	N/A
11/30/2023	N/A	-3	-15	-6	N/A
8/31/2023	N/A	-3	-13	-5	N/A
5/31/2023	N/A	-4	-11	-5	N/A
2/28/2023	N/A	-3	-11	-5	N/A
11/30/2022	N/A	-6	-10	-7	N/A
8/31/2022	N/A	-6	-9	-6	N/A
5/31/2022	N/A	-5	-8	-6	N/A
2/28/2022	N/A	-4	-7	-5	N/A
11/30/2021	N/A	-3	-6	-5	N/A
8/31/2021	N/A	-2	-4	-3	N/A
5/31/2021	N/A	-2	-4	-3	N/A
2/28/2021	N/A	-2	-2	-2	N/A
11/30/2020	N/A	-2	-2	-2	N/A
8/31/2020	N/A	-2	-2	-2	N/A
5/31/2020	N/A	-2	-2	-1	N/A
2/29/2020	N/A	-2	-3	-1	N/A
11/30/2019	N/A	-2	-3	-2	N/A
8/31/2019	N/A	-2	-4	-2	N/A
5/31/2019	N/A	-3	-4	-3	N/A
2/28/2019	N/A	-3	-5	-4	N/A
11/30/2018	N/A	-6	-5	-4	N/A
8/31/2018	N/A	-5	-5	-4	N/A
5/31/2018	N/A	-5	N/A	-3	N/A
2/28/2018	N/A	-4	N/A	-2	N/A
11/30/2017	N/A	-2	N/A	-3	N/A
8/31/2017	N/A	-4	N/A	-2	N/A
5/31/2017	N/A	-3	N/A	-4	N/A
2/28/2017	N/A	-2	N/A	-3	N/A
11/30/2016	N/A	-2	N/A	-2	N/A
8/31/2016	N/A	0	N/A	-2	N/A
5/31/2016	N/A	-1	N/A	-1	N/A
2/29/2016	N/A	-1	N/A	-1	N/A
11/30/2015	N/A	-1	N/A	-1	N/A
8/31/2015	N/A	-1	N/A	-1	N/A
5/31/2015	N/A	-2	N/A	-1	N/A
2/28/2015	N/A	-2	N/A	-1	N/A
11/30/2014	N/A	-2	N/A	-1	N/A
8/31/2014	N/A	-2	N/A	-1	N/A
5/31/2014	N/A	-2	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CREC.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: CREC.F is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CREC.F is expected to become profitable in the next 3 years.

Revenue vs Market: CREC.F is forecast to have no revenue next year.

High Growth Revenue: CREC.F is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CREC.F's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 22:37
End of Day Share Price	2024/12/27 00:00
Earnings	2024/08/31
Annual Earnings	2024/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Critical Elements Lithium Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Eric Zaunscherb	Canaccord Genuity
null null	Cantor Fitzgerald Canada Corporation
Sehaj Anand	iA Capital Markets

Critical Elements Lithium Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

Critical Elements Lithium Corporation Receives Amended Certificate of Authorization for the Rose Lithium-Tantalum Project in Quebec

Power Nickel Inc. (TSXV:PNPN) acquired an additional 30% stake in Nisk project from Critical Elements Lithium Corporation (TSXV:CRE).

Critical Elements Lithium Corporation Confirms Major Discovery At Rose West with Multiple Wide Lithium-Rich Intercepts

Critical Elements Lithium Corporation, Annual General Meeting, Jun 17, 2024

Critical Elements Lithium Corporation Completes Drill Program at Rose West Discovery and Intercepts Multiple, Wide Spodumene-Rich Pegmatites

Critical Elements Lithium Corporation Provides Updates on Rose Lithium-Tantalum Project

Critical Elements Lithium Corporation Obtains Transport Canada Dewatering Exemption Necessary for the Development of the Rose Lithium-Tantalum Project

Critical Elements Lithium Corporation Announces First Grab Sample Results from the Newly Discovered Spodumene-Bearing Pegmatite Located Approximately 8 Km West of the Rose Deposit

Critical Elements Lithium Corporation Reports the Results of Exploration of Multiple Lithium-Tantalum Pegmatite Trend with Positive Prospecting Sampling Results on the Duval and Lemare Sites

Critical Elements Lithium Corporation Announces New Positive Feasibility Study for the Rose Lithium Project Generating an After-Tax NPV8% of USD 2.2B and an After-Tax IRR of 65.7%

Critical Elements Lithium Corporation Announces Appointment of Sebastien Perreault as Senior Director Mines, Storage Facilities and Camp

Critical Elements Lithium Announces Appointment of Ms. Nancy Duquet-Harvey as Senior Director of Sustainable Development and Environment

Critical Elements Lithium Corporation, Annual General Meeting, Jul 13, 2023

Critical Elements Lithium Identifies New Lct Pegmatite Targets and Announces A Surface Exploration Program in the Nemaska Belt Portfolio

Critical Elements Lithium Corporation Reports Results from the Recent Infill Drill Program Completed on the Rose Lithium-Tantalum Project

Critical Elements Lithium Corporation Recommends the Approval of Hydro-Québec's Connection and Powerline Relocation Project to Power the Rose Lithium- Tantalum Project

Critical Elements Lithium Corporation Provides Corporate Update Regarding Its Exploration, Engineering, Permitting Activities

Critical Elements Lithium Corporation Appoints Michel Clément as Senior Project Control Director

Critical Elements Lithium Announces Appointment of Mr. Andy Fortin as Senior Process and Commissioning Director

Critical Elements Lithium Receives Certificate of Authorization for the Rose Lithium-Tantalum Project in Quebec

Critical Elements Lithium Corporation Appoints Hughes Périgny as Senior Project Manager

Critical Elements Complete Positive Engineering Study for Lithium Hydroxide Monohydrate Plant

Critical Elements Lithium Corporation Announces Board Appointments

Critical Elements Lithium Commences Summer Exploration Program

Critical Elements Lithium Corporation, Annual General Meeting, Sep 13, 2022

Critical Elements Announces A Positive Feasibility Study for the Rose Lithium Project Generating

Critical Elements Lithium Corporation Successfully Produces Battery Grade Lithium Hydroxide in Pilot Plant Testing

Critical Elements Lithium Corporation Announces That the Québec Minister of Energy and Natural Resources Approves the Rehabilitation and Restoration Plan Concerning the Rose Lithium-Tantalum Mining Project

Critical Elements Lithium Corporation Announces an Exploration Program for 2022

Power Nickel Inc. and Critical Elements Lithium Corporation Announces Initial Results Have Been Received from Its Recent Drill Program at its 'NISK' Nickel Sulphate Project Near James Bay

Lomiko Metals Inc. and Critical Elements Lithium Corporation Report Bourier Lithium Project Update

GoldSpot Discoveries Corp. and Critical Elements Lithium Corporation Announce Results of Propertywide Comprehensive Data Review, Compilation, and Target Generation on Critical Element's New Block 16 and 7 Claims Within the Prolific Nemiscau Greenstone Belt in James Bay, Québec

Critical Elements Lithium Corporation Announces the Commencement of A Phase II Engineering Study

Critical Elements Lithium Corporation Announces That It Has Received Ul 2723 Ecologo® Certification for Mineral Exploration Companies

Critical Elements Lithium Corporation Provides an Update on the Rose Project

Critical Elements Lithium Corporation Provides an Update on Progress on the Rose Lithium Tantalum Project

Critical Elements Lithium Corporation announced that it has received CAD 15.00004 million in funding

Critical Elements Lithium Corporation announced that it expects to receive CAD 10.0001 million in funding

Critical Elements Lithium Corporation announced that it has received CAD 3 million in funding