Core Lithium Ltd (CXO) AI Stock Analysis

• Market Cap: $345.87M
• Dividend Yield: N/A
• Average Volume (3M): 10.27M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: -100.00%
• EPS Growth: 89.10%
• Country: AU
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 2,660,515,900
• 10 Day Avg. Volume: 13,024,481
• 30 Day Avg. Volume: 10,270,090
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.55
• Enterprise Value/Revenue: -78.01
• Enterprise Value/Gross Profit: -62.79
• Enterprise Value/Ebitda: -13.14
• 1Y Price Target: $0.14
• Price Target Upside: 6.51% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 47 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

Core Lithium Ltd's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, negative profitability, and cash flow challenges. While the technical analysis shows some positive short-term trends, the negative valuation metrics, including a negative P/E ratio, further weigh down the score. The absence of earnings call data and corporate events leaves these areas unaddressed.

Core Lithium Ltd Business Overview & Revenue Model

Company Description

Core Lithium Ltd (ASX: CXO) is an Australian mineral exploration and development company focused primarily on the production of lithium, a critical component in batteries for electric vehicles and renewable energy storage. The company operates in the mining sector, with its flagship project being the Finniss Lithium Project located in the Northern Territory of Australia. Core Lithium aims to supply high-quality lithium spodumene concentrate to meet the increasing global demand for sustainable energy solutions.

How the Company Makes Money

Core Lithium generates revenue primarily through the sale of lithium spodumene concentrate produced from its Finniss Lithium Project. The company has established contracts with various international customers, particularly in the electric vehicle and battery manufacturing industries, which provide a steady stream of income. Key revenue streams include direct sales of lithium concentrate and potential off-take agreements that secure future sales at predetermined prices. Additionally, Core Lithium benefits from favorable market conditions driven by the growing demand for lithium in battery technology, as well as strategic partnerships with other companies in the supply chain that may enhance its market presence and operational efficiency.

Core Lithium Ltd Financial Statement Overview

Summary

Core Lithium Ltd exhibits strong revenue growth, but struggles with profitability and cash flow. Negative margins and cash flows highlight the need for operational improvements, despite a solid equity base and low leverage.

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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	-2.42M	-2.42M	189.49M	50.60M	0.00	0.00
Gross Profit	-3.01M	-3.01M	30.90M	30.61M	-116.13K	-136.81K
EBITDA	-14.38M	-14.38M	-163.06M	15.56M	-7.25M	-2.77M
Net Income	-23.37M	-23.37M	-207.01M	10.81M	-7.47M	-2.91M
Balance Sheet
Total Assets	268.44M	268.44M	323.96M	503.14M	261.85M	73.19M
Cash, Cash Equivalents and Short-Term Investments	24.06M	24.06M	88.18M	152.95M	135.39M	38.19M
Total Debt	2.91M	2.91M	3.53M	22.94M	2.09M	102.34K
Total Liabilities	34.16M	34.16M	67.09M	148.22M	23.13M	1.88M
Stockholders Equity	234.28M	234.28M	256.87M	354.92M	238.72M	71.31M
Cash Flow
Free Cash Flow	-63.34M	-63.34M	-165.17M	-74.80M	-75.44M	-10.34M
Operating Cash Flow	-43.93M	-43.93M	-77.94M	90.81M	-6.22M	-2.34M
Investing Cash Flow	-19.85M	-19.85M	-88.64M	-171.62M	-70.56M	-8.37M
Financing Cash Flow	-626.00K	-626.00K	102.39M	97.79M	173.87M	40.20M

Core Lithium Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CXO, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.11, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.95 is Neutral, neither overbought nor oversold. The STOCH value of 94.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CXO.

Core Lithium Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GLN	51 Neutral	€158.68M	―	-5.18%	―	―	47.15%
CXO	47 Neutral	$345.87M	―	-9.40%	―	-100.00%	89.10%
PL9	45 Neutral	AU$43.04M	―	-0.56%	―	―	96.00%
LEL	39 Underperform	AU$41.44M	―	-13.86%	―	―	-12.34%
PHO	28 Underperform	AU$33.31M	―	―	―	―	-268.97%

Core Lithium Ltd Corporate Events

Core Lithium Repositions Finniss Project for Long-Term Success

Core Lithium Ltd has repositioned its Finniss Lithium Project as a low-cost, high-margin underground mining operation with a 20-year life span, following the completion of a Restart Study. The company has simplified its process flowsheet, reduced operating costs by 33%, and increased production by 7%, while also finalizing the acquisition of its crushing plant to reduce future costs. Core ended the financial year with $23.5 million in cash, having reduced liabilities and strengthened its financial position. The company is progressing with a strategic funding process to advance the Finniss project, aiming to minimize shareholder dilution and enhance balance sheet flexibility.

The most recent analyst rating on (AU:CXO) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium Director Forfeits Performance Rights

Core Lithium Ltd announced a change in the director’s interest, as Director Alicia Sherwood agreed to forfeit 159,309 unquoted performance rights. This adjustment reflects a strategic decision within the company’s governance, potentially impacting the company’s operational focus and signaling shifts in internal management strategies.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium Announces Cessation of Performance Rights

Core Lithium Ltd announced the cessation of 159,309 performance rights, which were cancelled by mutual agreement between the company and the holder. This move may impact the company’s capital structure and could be part of a strategic decision to optimize its financial operations, potentially affecting shareholder value and market perception.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium Unveils Finniss Restart Study Results

Core Lithium Ltd announced the release of its Finniss Restart Study and will host a webcast and conference call to discuss the results. This announcement is significant for stakeholders as it highlights the company’s ongoing efforts to enhance its operations and maintain its position in the lithium industry, potentially impacting future shareholder value.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium’s Finniss Project: Operational Readiness and Market Implications

Core Lithium Ltd has released a study on the operational readiness of its Finniss Lithium Project, highlighting the project’s potential in the lithium mining sector. The announcement underscores the high-risk nature of mineral exploration and development, emphasizing that there is no guarantee of economic exploitation. The study includes a production target with a portion of inferred mineral resources, indicating a lower level of confidence compared to more established reserves. This development could impact the company’s operations and its positioning within the lithium market, with potential implications for stakeholders depending on future exploration outcomes.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium Unveils Strategic Plan for Finniss Operation

Core Lithium Ltd has announced a comprehensive plan to reposition its Finniss Lithium Operation as a low-cost, long-life underground mining project with a 20-year lifespan. The Restart Study outlines significant reductions in mining and processing costs, improved production efficiency, and enhanced plant operations, resulting in a projected free cash flow of $1.2 billion. The company is exploring strategic funding options to minimize shareholder dilution and aims to secure a sustainable financial pathway. The project is expected to generate substantial employment opportunities in the Northern Territory, with strong support from the local government.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium Expands Finniss Project Ore Reserves

Core Lithium Ltd has announced an update to the Ore Reserve and Mineral Resource Estimate for its Finniss Lithium Project, with a significant increase in the Grants Reserve and a move to underground mining to access more material and reduce costs. The updated Ore Reserve, which now totals 10.73 million tonnes at 1.29% Li2O, underpins the first ten years of production and supports the potential for a longer mine life, highlighting the significant resource potential across the company’s tenement package.

The most recent analyst rating on (AU:CXO) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Core Lithium Ltd stock, see the AU:CXO Stock Forecast page.

Core Lithium Ends Yahua Offtake Agreement, Eyes Strategic Flexibility

Core Lithium Ltd has terminated its legacy offtake agreement with Yahua International Investment and Development Co., settling the deal with a US$2 million cash payment. This strategic move provides Core Lithium with greater flexibility and options for securing funding to potentially restart its Finniss Lithium Operation, pending Board approval. The termination is expected to enhance the company’s strategic positioning and operational flexibility in the lithium market.