Lithium Ionic (OTCPK:LTHC.F) - Stock Price, News & Analysis

LTHC.F Stock Overview

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

LTHC.F 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 98.9% below our estimate of its fair value

Risk Analysis

Has less than 1 year of cash runway

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

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($125M)

+ 1 more risk

Lithium Ionic Corp. Competitors

American Battery Technology

NasdaqCM:ABAT

US$57.4m

U.S. Gold

NasdaqCM:USAU

US$84.3m

Premium Resources

OTCPK:PNRL.F

US$91.0m

NioCorp Developments

NasdaqGM:NB

US$58.7m

Price History & Performance

Summary of all time highs, changes and price drops for Lithium Ionic
Historical stock prices
Current Share Price	CA$0.63
52 Week High	CA$1.33
52 Week Low	CA$0.30
Beta	1.09
11 Month Change	8.06%
3 Month Change	29.82%
1 Year Change	-49.18%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-6.19%

Recent updates

Shareholder Returns

	LTHC.F	US Metals and Mining	US Market
7D	29.4%	3.6%	0.3%
1Y	-49.2%	22.7%	31.1%

Return vs Industry: LTHC.F underperformed the US Metals and Mining industry which returned 22.3% over the past year.

Return vs Market: LTHC.F underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is LTHC.F's price volatile compared to industry and market?
LTHC.F volatility
LTHC.F Average Weekly Movement	13.9%
Metals and Mining Industry Average Movement	8.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

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

Volatility Over Time: LTHC.F's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US 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?
LTHC.F fundamental statistics
Market cap	US$89.69m
Earnings (TTM)	-US$34.52m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.9x

P/E Ratio

Is LTHC.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LTHC.F 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 LTHC.F perform over the long term?

See historical performance and comparison

LTHC.F Stock Overview

Rewards

Risk Analysis

Lithium Ionic Corp. Competitors

NasdaqCM:ABAT

US$57.4m

NasdaqCM:USAU

US$84.3m

OTCPK:PNRL.F

US$91.0m

NasdaqGM:NB

US$58.7m

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

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

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

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

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

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

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

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

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. 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

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

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

Lithium Ionic Corp Announces Drills 1.71% Li2o over 5.7M, 1.49% Li2o over 6.7M and 2.22% Li2o over 3.7M, At Bandeira Deposit, Minas Gerais, Brazil

Lithium Ionic Corp. (TSXV:LTH) entered into an agreement to acquire Three Mining Claims Located in Minas Gerais, Brazil from Mineraçao Borges Ltda. for CAD 4 million

Lithium Ionic drills 1.98% Li2O over 26m at Galvani and 1.99% Li2O over 7m at Bandeira Showing, Brazil

Lithium Ionic Corp Appoints Tom Olesinski as Chief Financial Officer

Lithium Ionic Corp. announced that it has received CAD 25 million in funding

Lithium Ionic Corp. Intersects 1.71% Li2o over 22M and 1.53% Li2o over 46M, Incl. 2.22% Li2o over 12.5M on Its Recently Acquired Galvani Claims, Brazil

Lithium Ionic Corp. announced that it expects to receive CAD 25 million in funding

Lithium Ionic Corp. Intersects 1.68% Li2o over 21M, Incl. 2.22% Li2o over 9M and 1.77% Li2o over 11M on Its Recently Acquired Galvani Claims, Brazil

Lithium Ionic Corp Intersects 1.94% Li2O over 19.78m, incl. 2.33% Li2O over 7.35m at the Galvani Target in Brazil

Lithium Ionic Corp. Intersects 1.17% Li2O over 42.05m, Incl. 1.95% Li2O over 11.72m at Galvani Target, Brazil

Lithium Ionic Drills 1.57% Li2O over 24.93m, incl. 2.10% Li2O over 7.45m and Reports Channel Samples up to 1.80% Li2O over 12m at Galvani Target, Brazil