Core Lithium Ltd (CXO) AI Stock Analysis

• Market Cap: $147.87M
• Dividend Yield: N/A
• Average Volume (3M): 6.57M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: -70.50%
• EPS Growth: 62.71%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 2,143,015,600
• 10 Day Avg. Volume: 5,441,783
• 30 Day Avg. Volume: 6,573,167
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $0.08
• Price Target Upside: 11.46% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

Core Lithium Ltd shows strong revenue growth but struggles with profitability and cash flow, significantly impacting its financial performance score. Technical analysis indicates bearish momentum, with the stock underperforming key moving averages. Valuation is challenged by negative earnings and lack of dividend yield, further contributing to a lower score. The lack of earnings call and corporate events data results in a heavier reliance on the financial and technical factors.

Core Lithium Ltd Business Overview & Revenue Model

Company Description

Core Lithium Ltd (CXO) is an Australian-based mining and exploration company focused on the development and production of lithium resources. The company operates primarily in the Northern Territory and South Australia, where it is advancing its flagship project, the Finniss Lithium Project. Core Lithium is committed to supplying high-quality lithium products to support the growing demand for lithium-ion batteries, essential for electric vehicles and renewable energy storage solutions.

How the Company Makes Money

Core Lithium Ltd generates revenue primarily through the exploration, development, and production of lithium resources. The company's primary revenue stream comes from the sale of lithium concentrate extracted from its mining operations, particularly from the Finniss Lithium Project. The extracted lithium is sold to manufacturers of lithium-ion batteries, which are used in a variety of applications, including electric vehicles and energy storage systems. Core Lithium's earnings are also influenced by strategic partnerships and offtake agreements with key players in the battery and automotive industries, which provide a stable market for its products and secure long-term revenue streams. Additionally, fluctuations in lithium market prices, operational efficiency, and cost management are significant factors that affect the company's profitability.

Core Lithium Ltd Financial Statement Overview

Summary

Core Lithium Ltd is experiencing strong revenue growth; however, it faces significant profitability and cash flow challenges. The balance sheet shows a solid equity base and low leverage, but negative cash flows and margins suggest the need for operational improvements to achieve financial stability and profitability.

Income Statement

Core Lithium Ltd has shown significant revenue growth from 2023 to 2024; however, it has struggled with profitability, as indicated by negative gross and net profit margins. The company's EBIT and EBITDA margins are also negative, highlighting operational inefficiencies. The revenue growth is promising, but the company must focus on improving its cost structure and turning revenue into profit.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio, suggesting conservative leverage. However, the equity ratio indicates that a large portion of its assets is financed by equity, which may limit financial flexibility. Return on Equity (ROE) is negative due to net losses, which is a concern for investors looking for profitability.

Cash Flow

Cash flow analysis reveals challenges, with negative operating and free cash flows indicating that the company is not generating sufficient cash from its operations. The free cash flow to net income ratio is unfavorable, and the significant reduction in operating cash flow over the past year suggests liquidity issues that need addressing.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
189.49M	50.60M	0.00	0.00	0.00
	Gross Profit
30.90M	30.61M	-116.13K	-136.81K	-141.48K
	EBIT
-70.94M	16.39M	-7.71M	-3.22M	-3.43M
	EBITDA
-163.06M	15.56M	-7.71M	-2.77M	-4.24M
	Net Income Common Stockholders
-207.01M	10.81M	-7.47M	-2.91M	-4.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
88.18M	152.95M	135.39M	38.19M	8.71M
	Total Assets
323.96M	503.14M	261.85M	73.19M	35.79M
	Total Debt
3.53M	22.94M	2.09M	102.34K	119.61K
	Net Debt
-84.64M	-129.84M	-133.11M	-38.01M	-8.56M
	Total Liabilities
67.09M	148.22M	23.13M	1.88M	2.22M
	Stockholders Equity
256.87M	354.92M	238.72M	71.31M	33.57M
Cash Flow		Free Cash Flow
-165.17M	-74.80M	-75.44M	-10.34M	-8.26M
	Operating Cash Flow
-77.94M	90.81M	-6.22M	-2.34M	-2.64M
	Investing Cash Flow
-88.64M	-171.62M	-70.56M	-8.37M	1.38M
	Financing Cash Flow
102.39M	97.79M	173.87M	40.20M	7.58M

Core Lithium Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CXO, the sentiment is Neutral. The current price of 0.07 is above the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.44 is Neutral, neither overbought nor oversold. The STOCH value of 75.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CXO.

Core Lithium Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IGO	58 Neutral	$2.93B	1,418.92	-36.53%	10.51%	-28.50%	-532.61%
SYA	52 Neutral	$219.32M	―	-17.81%	―	87.89%	-344.44%
Sector *	49 Neutral	$1.93B	-1.47	-21.02%	3.74%	0.80%	-29.57%
MIN	48 Neutral	$4.02B	50.78	-33.95%	4.54%	2.22%	-411.10%
PLS	46 Neutral	$4.84B	23.42	-1.04%	―	-65.07%	-102.37%
GL1	44 Neutral	AU$44.49M	―	-2.83%	―	―	-6.51%
CXO	41 Neutral	$147.87M	―	-21.25%	―	-70.50%	62.71%

Core Lithium Ltd Corporate Events

Core Lithium Advances Finniss Project and Strengthens Infrastructure Ownership

Core Lithium Ltd reported significant progress in its March 2025 quarterly activities, including the advancement of the Restart Study for the Finniss Lithium Project, which is on track for completion by June. The company transitioned to full ownership of site infrastructure, reducing care and maintenance costs and supporting a lower-cost restart model. Exploration efforts at Shoobridge revealed a large, shallow gold system, and plans are underway to test the Blackbeard discovery at Finniss. Financially, Core Lithium maintained discipline with cash outflows in line with expectations, ending the quarter with $29.8 million in cash. The acquisition of the crushing circuit and transition to full infrastructure ownership are expected to yield significant cost savings and operational flexibility, aligning with the company’s goals for a leaner and more resilient operation.

Core Lithium Advances Finniss Restart Study, Ends Contracts to Cut Costs

Core Lithium Ltd has announced progress on its Restart Study for the Finniss Lithium Operation, aiming to enhance productivity and lower operating costs. The company has ended all remaining operating contracts, gaining full ownership of site infrastructure, which is expected to reduce future costs and improve operational efficiency. The study, set for completion by June 2025, includes optimizing the mine plan for the BP33 lithium deposit and improving the DMS Plant’s recovery and capacity. The total cost of settling these contractual matters is $19.5 million, payable over four months, and will be covered by existing cash reserves.

Core Lithium Ltd Releases Interim Financial Statements for H2 2024

Core Lithium Ltd has released its interim consolidated financial statements for the half year ending December 31, 2024. The report, presented in Australian dollars, includes key financial documents such as the statement of profit or loss, statement of financial position, and statement of cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could influence investor decisions and market perceptions.