Core Lithium Ltd (CXO) AI Stock Analysis

• Market Cap: AU$195.01M
• Dividend Yield: N/A
• Average Volume (3M): 17.52M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.11
• Revenue Growth: -70.50%
• EPS Growth: 62.71%
• Country: AU
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 2,143,015,600
• 10 Day Avg. Volume: 12,443,678
• 30 Day Avg. Volume: 17,515,849
• PEG Ratio: -0.54
• Price to Book (P/B): 4.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.01
• 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: AU$0.11
• Price Target Upside: 19.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 53 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Core Lithium Ltd has strong revenue growth potential, supported by positive technical indicators suggesting short-term momentum. However, significant profitability and cash flow issues pose substantial risks, and the negative P/E ratio suggests a challenging valuation. Improvements in operational efficiency are crucial for financial stability.

Core Lithium Ltd Business Overview & Revenue Model

Company Description

Core Lithium Ltd engages in the development of lithium and various metal deposits in Northern Territory and South Australia. The company primarily explores for copper, gold, iron, silver, uranium, lead, and zinc deposits. Its flagship project is the Finniss Lithium project located to the south of Darwin port in the Northern Territory. Core Lithium Ltd was incorporated in 2010 and is based in Adelaide, Australia.

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 has strong revenue growth but faces challenges with profitability and cash flow. The balance sheet is stable with low leverage, but negative cash flows and profit margins indicate a need for operational improvements to achieve financial stability.

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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
52.28M	189.49M	50.60M	0.00	0.00	0.00
	Gross Profit
-22.87M	30.90M	30.61M	-116.13K	-136.81K	-141.48K
	EBIT
-59.08M	-70.94M	16.39M	-7.71M	-3.22M	-3.43M
	EBITDA
-51.20M	-163.06M	15.56M	-7.71M	-2.77M	-4.24M
	Net Income Common Stockholders
-56.51M	-207.01M	10.81M	-7.47M	-2.91M	-4.39M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
50.30M	88.18M	152.95M	135.39M	38.19M	8.71M
	Total Assets
287.63M	323.96M	503.14M	261.85M	73.19M	35.79M
	Total Debt
3.23M	3.53M	22.94M	2.09M	102.34K	119.61K
	Net Debt
-46.50M	-84.64M	-129.84M	-133.11M	-38.01M	-8.56M
	Total Liabilities
47.14M	67.09M	148.22M	23.13M	1.88M	2.22M
	Stockholders Equity
240.49M	256.87M	354.92M	238.72M	71.31M	33.57M
Cash Flow		Free Cash Flow
-71.28M	-165.17M	-74.80M	-75.44M	-10.34M	-8.26M
	Operating Cash Flow
-53.19M	-77.94M	90.81M	-6.22M	-2.34M	-2.64M
	Investing Cash Flow
-19.65M	-88.64M	-171.62M	-70.56M	-8.37M	1.38M
	Financing Cash Flow
-2.95M	102.39M	97.79M	173.87M	40.20M	7.58M

Core Lithium Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and below the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.05 is Neutral, neither overbought nor oversold. The STOCH value of 75.54 is Neutral, 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
CXO	53 Neutral	AU$195.01M	―	-21.25%	―	-70.50%	62.71%
Sector *	51 Neutral	$2.04B	-1.21	-21.10%	3.95%	2.90%	-30.45%
PILBF		$2.82B	22.94	-1.04%	―	―	―
SYAXF		$127.20M	―	-17.81%	―	―	―
IPGDF		$2.14B	1,408.33	-36.53%	11.24%	―	―
MALRF		$3.25B	43.31	-33.95%	4.54%	―	―
GL1	42 Neutral	AU$37.95M	―	-2.83%	―	―	-6.51%

Core Lithium Ltd Corporate Events

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.

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.