Core Lithium Ltd (CXO) AI Stock Analysis

• Market Cap: AU$257.16M
• Dividend Yield: N/A
• Average Volume (3M): 11.22M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.23
• Revenue Growth: -70.50%
• EPS Growth: 62.71%
• Country: AU
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 2,143,015,600
• 10 Day Avg. Volume: 8,790,163
• 30 Day Avg. Volume: 11,219,671
• PEG Ratio: -0.06
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.31
• 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: -11.16% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 50 Neutral
• Price Target: AU$0.00 ▼(-100.00%Downside)

Core Lithium Ltd's overall score is driven by strong revenue growth, but significant risks arise from poor profitability, negative cash flows, and a challenging valuation. The stock's strong technical performance is partially offset by overbought conditions.

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 makes money primarily through the exploration, development, and production of lithium resources. Its key revenue stream is the sale of lithium concentrate extracted from its mining operations, particularly from the Finniss Lithium Project. The company targets sales to battery manufacturers and other industries that require lithium for the production of electric vehicles and energy storage systems. Revenue is generated by securing off-take agreements and partnerships with major players in the battery and automotive industries, ensuring a steady demand for its lithium products. Additionally, Core Lithium may engage in strategic partnerships or joint ventures with other mining and technology companies to enhance its production capabilities and market reach.

Core Lithium Ltd Financial Statement Overview

Summary

Core Lithium Ltd demonstrates strong revenue growth but faces significant challenges in profitability and cash flow. The negative margins and cash flows suggest operational inefficiencies, 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	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
EBITDA	-163.06M	15.56M	-7.71M	-2.77M	-4.24M
Net Income	-207.01M	10.81M	-7.47M	-2.91M	-4.39M
Balance Sheet
Total Assets	323.96M	503.14M	261.85M	73.19M	35.79M
Cash, Cash Equivalents and Short-Term Investments	88.18M	152.95M	135.39M	38.19M	8.71M
Total Debt	3.53M	22.94M	2.09M	102.34K	119.61K
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: Positive
• Last Price: 0.12
• 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 0.12 is above the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.10, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.60 is Neutral, neither overbought nor oversold. The STOCH value of 82.41 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
CXO	50 Neutral	AU$257.16M	―	-21.25%	―	-70.50%	62.71%
Sector *	44 Neutral	C$980.54M	-6.83	-13.68%	1.75%	17.37%	-32.98%
PLLTL	―	$188.52M	―	-19.11%	―	―	―
9CH	―	€78.13M	―	-6.71%	―	―	―
AZL	45 Neutral	AU$43.04M	―	-0.56%	―	―	96.00%
LEL	39 Underperform	AU$41.44M	―	-16.58%	―	―	-131.72%
PHO	28 Underperform	AU$27.61M	―		―	―	-126.25%

Core Lithium Ltd Corporate Events

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.

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.