OTCPK:EEYM.F

Stock Analysis Report

Executive Summary

Mali Lithium Limited primarily explores for lithium properties in Mali, West Africa.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

How has Mali Lithium's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

EEYM.F

0.5%

US Metals and Mining

0.4%

US Market


1 Year Return

-68.8%

EEYM.F

-7.8%

US Metals and Mining

6.9%

US Market

Return vs Industry: EEYM.F underperformed the US Metals and Mining industry which returned -7.8% over the past year.

Return vs Market: EEYM.F underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

EEYM.FIndustryMarket
7 Day0%0.5%0.4%
30 Day0%-2.7%-1.2%
90 Dayn/a-7.1%-0.4%
1 Year-68.8%-68.8%-5.0%-7.8%9.3%6.9%
3 Year-77.3%-77.3%9.4%3.7%45.8%36.4%
5 Yearn/a-2.4%-9.8%62.9%45.1%

Price Volatility Vs. Market

How volatile is Mali Lithium's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mali Lithium undervalued compared to its fair value and its price relative to the market?

0.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate EEYM.F's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate EEYM.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: EEYM.F is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: EEYM.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate EEYM.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EEYM.F is good value based on its PB Ratio (0.9x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

How is Mali Lithium forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.9%

Forecasted Materials industry annual growth in earnings


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 Mali 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 SimplyWall St do have past financial data.


Next Steps

  • Examine Mali Lithium's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Mali Lithium's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Mali Lithium performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EEYM.F is unprofitable, but has reduced losses over the past 5 years at a rate of 4.3% per year.

Accelerating Growth: Unable to compare EEYM.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EEYM.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (26.6%).


Return on Equity

High ROE: EEYM.F has a negative Return on Equity (-17.25%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EEYM.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EEYM.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Mali Lithium's financial position?


Financial Position Analysis

Short Term Liabilities: EEYM.F's short term assets (A$3.4M) exceeds its short term liabilities (A$769.5K)

Long Term Liabilities: EEYM.F's short term assets (3.4M) exceeds its long term liabilities (67.4K)


Debt to Equity History and Analysis

Debt Level: EEYM.F is debt free.

Reducing Debt: EEYM.F has not had any debt for past 5 years.


Balance Sheet

Inventory Level: EEYM.F has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EEYM.F's debt is covered by short term assets.


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

Forecast Cash Runway: EEYM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -51.3% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate EEYM.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EEYM.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if EEYM.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EEYM.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EEYM.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Chris Evans 0

0.8yrs

Tenure

0

Mr. Christopher Allan Evans, also known as Chris, was Chief Operating Officer at Altura Mining Limited from September 20, 2017 to January 2019 and served as General Manager of Operations since July 2015 un ...


Management Age and Tenure

0.8yrs

Average Tenure

Experienced Management: EEYM.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

0.9yrs

Average Tenure

Experienced Board: EEYM.F's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: EEYM.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyAU$12,57105 Aug 19
Christopher Evans
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares140,000
Max PriceAU$0.09
BuyAU$23,92009 May 19
Brendan Borg
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares200,000
Max PriceAU$0.12
BuyAU$22,83614 Mar 19
Alistair Cowden
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares200,000
Max PriceAU$0.11
BuyAU$22,71214 Mar 19
Brendan Borg
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares200,000
Max PriceAU$0.11
BuyAU$58,15605 Mar 19
Alistair Cowden
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares410,850
Max PriceAU$0.14
BuyAU$14,40105 Mar 19
Brendan Borg
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares100,000
Max PriceAU$0.14
BuyAU$44,22026 Feb 19
Alistair Cowden
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares389,150
Max PriceAU$0.11
BuyAU$145,60926 Feb 19
Brendan Borg
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares1,200,000
Max PriceAU$0.12
BuyAU$15,70026 Feb 19
Christopher Evans
EntityIndividual
Role
Chief Executive Officer
MD & Director
Shares110,000
Max PriceAU$0.14
BuyAU$72,80526 Feb 19
Mark Hepburn
EntityIndividual
Role
Member of the Board of Directors
Non-Executive Director
Shares600,000
Max PriceAU$0.12

Ownership Breakdown


Management Team

  • Eric Hughes (57yo)

    CFO & Joint Company Secretary

    • Tenure: 0.7yrs
  • Kevin Joyce

    Technical Consultant

    • Tenure: 2.4yrs
    • Compensation: AU$776.64k
  • Chris Evans

    MD & Director

    • Tenure: 0.8yrs
  • Andrew Wilde

    Exploration Manager & Chief Geologist Officer

    • Tenure: 0yrs
  • Sebastian Andre

    Joint Company Secretary

    • Tenure: 0.9yrs

Board Members

  • Alistair Cowden

    Non-Executive Chairman

    • Tenure: 0.7yrs
  • Noel O'Brien

    Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: AU$81.25k
  • Brendan Borg

    Non-Executive Director

    • Tenure: 0.9yrs
    • Compensation: AU$8.83k
  • Chris Evans

    MD & Director

    • Tenure: 0.8yrs
  • Mark Hepburn

    Non-Executive Director

    • Tenure: 0.9yrs
    • Compensation: AU$149.10k

Company Information

Mali Lithium Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mali Lithium Limited
  • Ticker: EEYM.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$26.340m
  • Listing Market Cap: AU$18.032m
  • Shares outstanding: 317.35m
  • Website: https://www.malilithium.com

Number of Employees


Location

  • Mali Lithium Limited
  • Spectrum Building
  • Second Floor
  • Subiaco
  • Western Australia
  • 6008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MLLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2006
MLLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2006
EEYM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2006
N9FDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2006

Biography

Mali Lithium Limited primarily explores for lithium properties in Mali, West Africa. The company primarily explores for lithium deposits. The company holds 100% interest in the Goulamina Lithium project th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 00:32
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.