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European Lithium
(Sydney:EUR)
European Lithium (EUR) vs. iShares MSCI Australia ETF (EWA)
European Lithium Business Overview & Revenue Model
European Lithium Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 742.88K | 29.72K | 198.00 | 3.48K | Gross Profit |
| -53.50K | -74.07K | 730.48K | 19.51K | -14.82K | -25.77K | EBIT |
| -41.93M | -8.32M | -6.18M | -5.86M | -1.62M | -1.55M | EBITDA |
| -171.90M | -156.34M | -12.09M | -11.87M | -3.57M | -2.53M | Net Income Common Stockholders |
| -221.24M | -205.81M | -12.21M | -12.32M | -3.96M | -3.26M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.51M | 6.08M | 13.14M | 33.00M | 5.42M | 300.65K | Total Assets |
| 271.76M | 109.84M | 71.72M | 79.30M | 44.27M | 37.20M | Total Debt |
| 2.00M | 1.99M | 0.00 | 0.00 | 357.87K | 844.37K | Net Debt |
| -512.68K | -3.78M | -13.14M | -33.00M | -5.06M | 543.71K | Total Liabilities |
| 109.98M | 113.45M | 5.41M | 749.53K | 1.71M | 2.64M | Stockholders Equity |
| 131.18M | 6.15M | 66.30M | 78.55M | 42.57M | 34.55M |
| Cash Flow | Free Cash Flow | ||||
| -25.24M | -22.38M | -10.20M | -20.61M | -5.68M | -3.72M | Operating Cash Flow |
| -23.63M | -20.85M | -7.16M | -12.36M | -2.56M | -894.93K | Investing Cash Flow |
| 3.93M | 6.02M | -6.91M | -8.85M | -3.24M | -2.83M | Financing Cash Flow |
| 14.73M | 7.90M | -5.81M | 40.55M | 10.93M | 2.82M |
European Lithium Technical Analysis
European Lithium Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | $4.62B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
53 Neutral | AU$197.16M | ― | -21.25% | ― | -70.50% | 62.71% | |
51 Neutral | AU$184.69M | ― | -17.81% | ― | 87.89% | -344.44% | |
51 Neutral | $2.04B | -1.23 | -21.09% | 3.96% | 2.90% | -30.45% | |
34 Underperform | $62.47M | ― | -237.31% | ― | ― | -2581.36% |
European Lithium Corporate Events
European Lithium Limited announced the cessation of 20 million options that expired on May 1, 2025, without being exercised or converted. This development may impact the company’s capital structure but reflects a routine financial adjustment, with no immediate implications for stakeholders or operations.
European Lithium Limited announced significant updates in its quarterly activities report for the period ending March 31, 2025. Key developments include the Tanbreez Project’s maiden mineral resource estimate and high-grade drilling results, as well as ongoing discussions for government grants. The company is also advancing its Wolfsberg Project in Austria and has completed planning for an energy supply corridor. Additionally, a joint venture is working on a lithium refinery in Saudi Arabia, expected to produce substantial amounts of battery-grade lithium hydroxide, enhancing the company’s industry positioning and potential impact on stakeholders.
European Lithium Ltd has announced the results of a scoping study for its Tanbreez Rare Earth Project in Greenland, revealing a net present value of approximately US$2.4–3.0 billion and an internal rate of return of 162% before tax. The project, which has a 30-year exploitation permit, shows potential for a viable standalone mining and processing operation, although further exploration and economic studies are needed to confirm its economic viability. The study highlights the significance of the Tanbreez project’s rare earth oxides, which are crucial for permanent magnet production, potentially impacting the company’s profitability and industry positioning.
European Lithium Ltd. has announced an Options Offer to its registered shareholders in Australia and the UAE, allowing them to purchase new options at a specified price and exercise them within a set timeframe. This initiative aims to raise up to $446,154, with the company’s directors agreeing to underwrite any shortfall, pending shareholder approval, potentially impacting the company’s financial strategy and stakeholder interests.
European Lithium Ltd has announced a change in its substantial holding in Cyclone Metals Ltd, with its voting power decreasing from 10.66% to 9.93%. This change is due to a series of transactions, including participation in a rights issue and several on-market sales, as well as the issuance of new shares by Cyclone Metals, which diluted European Lithium’s percentage interest. These adjustments in holdings could impact European Lithium’s influence within Cyclone Metals, potentially affecting strategic decisions and stakeholder interests.
European Lithium Ltd. announced a proposed issue of 35 million securities, set to be issued by May 2, 2025. This move is part of the company’s strategic efforts to raise capital, potentially enhancing its operational capabilities and market position in the lithium industry, which is essential for the growing demand in electric vehicle and renewable energy sectors.
European Lithium Ltd. has announced a proposed issue of securities, with a maximum of 181,076,970 options to be issued at $0.10 each, exercisable on or before April 30, 2027. This move is likely to impact the company’s financial strategy and market positioning by potentially increasing capital, which could be used for further development of its lithium projects, thereby benefiting stakeholders and enhancing its competitive edge in the lithium industry.
European Lithium Ltd. has announced a proposed issue of 42 million new securities, each priced at $0.10, with an issue date set for May 2, 2025. This move is part of their strategic efforts to strengthen their financial position and potentially enhance their market presence, impacting stakeholders by potentially increasing liquidity and investment opportunities.
European Lithium Ltd. has announced a prospectus for the issuance of up to 223,076,970 New Options and 35,000,000 Advisor Options, aiming to raise approximately $446,154. This strategic move, fully underwritten by the company’s directors, is designed to strengthen its financial position and support its ongoing projects in the lithium market. The issuance of these options is expected to enhance the company’s operational capabilities and potentially improve its market positioning, although the securities are considered highly speculative and carry inherent risks.
European Lithium Ltd has completed a Preliminary Economic Assessment (PEA) for the Tanbreez Rare Earth Project in Greenland, highlighting the potential for a viable standalone mining and processing operation. The assessment, conducted by Agricola Mining Consultants, indicates the project’s potential but also notes that further exploration and studies are necessary before estimating ore reserves or assuring economic viability. The announcement cautions investors against making decisions based solely on the PEA results, as it is a preliminary study and subject to various risks and uncertainties.
European Lithium Limited has requested a trading halt on its securities from the Australian Securities Exchange, effective from April 4, 2025. This halt is pending an announcement related to a scoping study for the Tanbreez Rare Earth Project in Greenland, which could have significant implications for the company’s operations and market positioning.
European Lithium Ltd announced the publication of historical deep diamond drill results from the Tanbreez Project in Greenland, revealing high-grade rare earths and oxides. The drill results, including significant concentrations of TREO, zircon oxide, and other valuable minerals, could enhance the company’s resource estimates and strengthen its position in the rare earth minerals market.
European Lithium Ltd. has announced an update regarding its EUROB Options, which are set to expire on March 31, 2025. The company is offering new options to current holders at a reduced exercise price, with a revised record date of March 31, 2025. This move is part of a broader strategy to enhance shareholder value and secure additional capital for future projects. Directors of the company have committed to participating in the offer, and the issuance of these new options is subject to shareholder approval. This development could strengthen European Lithium’s market position and provide stakeholders with potential growth opportunities.
European Lithium Ltd has announced the results of historical deep diamond drill holes from the Tanbreez Project in Greenland, revealing high-grade rare earth elements and oxides. These findings, along with a recent Maiden Mineral Resource Estimate, highlight the project’s potential and have attracted interest from Western governments, positioning the company as a significant player in the rare earth elements market.
European Lithium Ltd. announced the expiry of its EUROB options on 31 March 2025, with a replacement offer allowing holders to apply for new options at a reduced exercise price, valid until April 2027. This move aims to maintain investor engagement and support the company’s capital structure, with directors participating significantly and offering underwriting support, subject to shareholder approval.
European Lithium Ltd has announced a Maiden Mineral Resource Estimate (MRE) of 45 million tonnes at 0.4% REO for the Tanbreez Project in Greenland. This project is significant due to its high content of Heavy Rare Earth Elements (HREEs), which are more valuable than Light Rare Earth Elements (LREEs). The project is strategically positioned to supply the western hemisphere with critical minerals for various industries, including defense. The announcement marks a significant milestone for the company, as it now considers the Tanbreez Project material to its operations, following increased investment and partnership with Critical Metals Corp. The project is expected to undergo further development and drilling to expand its resource base.
European Lithium Limited has become a substantial holder in Moab Minerals Limited, acquiring 166,666,667 fully paid ordinary shares, which represents a 9.61% voting power based on the total shares issued. This acquisition marks a significant investment by European Lithium, potentially enhancing its influence and strategic positioning within the industry, while also impacting Moab Minerals’ shareholder structure.
Moab Minerals Limited has secured a $500k investment from European Lithium Ltd through a placement of shares and options, which will be used to fund exploration activities at the Manyoni Uranium Project in Tanzania and for general working capital. This strategic financial move is expected to bolster Moab’s exploration efforts and enhance its position in the uranium exploration industry, potentially benefiting stakeholders by advancing the company’s project development goals.
European Lithium Ltd. has announced the expiry of 223,076,970 quoted options (EUROB Options) to acquire shares in the company, set to expire on 31 March 2025. The options, exercisable at $0.18 each, will cease official quotation on 25 March 2025. This development could impact the company’s liquidity and share price dynamics, as the exercise of these options would result in the issuance of an equivalent number of fully paid ordinary shares. Stakeholders should be aware that if the options are not exercised by the deadline, they will expire, and all associated rights will be forfeited.
Critical Metals Corp. has appointed Michael C. Ryan as an independent director, enhancing its board with his extensive defense and military experience. This strategic move supports the advancement of the Tanbreez Project in Greenland, positioning the company as a crucial player in the supply of rare earth elements for defense and next-generation technologies.
Critical Metals Corp, following a successful equity raise of US$24.5 million, is advancing its Tanbreez Rare Earth and Wolfsberg Lithium projects, aiming to become a leading supplier of strategic minerals for clean energy and defense. The company is enhancing its corporate governance and government relations, anticipating significant milestones and potential government support, which could strengthen its position in the critical minerals market.
European Lithium Ltd announced that Critical Metals Corp has raised approximately US$22.5 million through a private placement, aiming to advance its Tanbreez Rare Earth Project in Greenland and the Wolfsberg Lithium Project in Austria. This funding will enhance Critical Metals Corp’s balance sheet and development plans, positioning it as a key supplier in the lithium-ion battery supply chain in Europe. European Lithium’s substantial stake in Critical Metals underscores its strategic alignment with Critical Metals’ vision of becoming a reliable supplier of critical minerals for defense and clean energy applications.