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An update from Lithium Royalty Corp. ( (TSE:LIRC) ) is now available.
Lithium Royalty Corp. has signed a definitive agreement to acquire a 1.5% Trailing Product Sales Fee royalty on the producing Goulamina lithium project in Mali from Leo Lithium for A$40 million, adding immediate cash-flowing exposure to one of the world’s largest hard-rock lithium deposits operated by Chinese major Ganfeng Lithium. The royalty, capped at 500,000 tonnes of spodumene concentrate per year through 2045 and already generating quarterly payments, is expected to deliver material returns at current lithium prices, while the phased, two-tranche funding structure backed by internal cash and a bridge loan from Altius Minerals allows LRC to preserve financial flexibility and deepen its strategic relationship with Ganfeng as it expands its portfolio into a new African jurisdiction.
The most recent analyst rating on (TSE:LIRC) stock is a Buy with a C$9.00 price target. To see the full list of analyst forecasts on Lithium Royalty Corp. stock, see the TSE:LIRC Stock Forecast page.
Spark’s Take on TSE:LIRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:LIRC is a Neutral.
Lithium Royalty Corp.’s overall score reflects significant financial challenges with negative profitability and cash flow issues, despite a strong balance sheet. Technical indicators show stable short-term momentum but a longer-term downtrend. The negative P/E ratio and lack of dividend yield detract from its valuation appeal. Positive corporate events, including resilient market performance and a share buyback initiative, contribute positively to the score.
To see Spark’s full report on TSE:LIRC stock, click here.
More about Lithium Royalty Corp.
Lithium Royalty Corp. is a Toronto-listed royalty company focused on acquiring and managing royalties on lithium and other critical mineral assets. Its portfolio targets cash-flowing or near-term producing projects globally, providing investors with leveraged exposure to lithium demand without directly operating mines, and includes multiple assets operated by major industry players such as Ganfeng Lithium.
Average Trading Volume: 17,000
Technical Sentiment Signal: Buy
Current Market Cap: C$402.6M
For an in-depth examination of LIRC stock, go to TipRanks’ Overview page.