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Lithium Energy Ltd.
(Sydney:LEL)
Lithium Energy Ltd. (LEL) vs. S&P 500 (SPY)
Lithium Energy Ltd. Business Overview & Revenue Model
Lithium Energy Ltd. Financial Statement Overview
| Breakdown | ||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -2.74K | -15.30K | -11.22K | -3.12K | -77.00 | EBIT |
| ― | -4.05M | -12.58M | -2.31M | -1.13M | EBITDA |
| -1.08M | -4.03M | -12.06M | -2.30M | -1.17M | Net Income Common Stockholders |
| ― | -5.03M | -11.62M | -2.31M | -1.13M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.84M | 3.52M | 9.44M | 6.67M | 7.99M | Total Assets |
| 31.45M | 32.55M | 33.32M | 14.25M | 15.19M | Total Debt |
| 0.00 | 51.00K | 0.00 | 0.00 | 0.00 | Net Debt |
| -1.77M | -3.52M | -9.44M | -6.67M | -7.99M | Total Liabilities |
| 3.57M | 3.23M | 1.20M | 166.81K | 187.62K | Stockholders Equity |
| 27.82M | 29.18M | 32.57M | 14.09M | 15.00M |
| Cash Flow | Free Cash Flow | |||
| ― | -9.92M | -11.49M | -1.42M | -414.58K | Operating Cash Flow |
| ― | -4.61M | -3.59M | -1.40M | -384.88K | Investing Cash Flow |
| ― | -2.39M | -13.89M | -6.88K | -1.26M | Financing Cash Flow |
| 67.00K | 1.19M | 19.92M | -20.53K | 9.54M |
Lithium Energy Ltd. Technical Analysis
Lithium Energy Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $184.69M | ― | -17.81% | ― | 87.89% | -344.44% | |
51 Neutral | $5.08B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
50 Neutral | $1.98B | -1.12 | -21.33% | 3.61% | 1.68% | -30.56% | |
46 Neutral | $5.28B | 23.42 | -1.04% | ― | -65.07% | -102.37% | |
39 Underperform | AU$41.44M | ― | -16.58% | ― | ― | -131.72% | |
36 Underperform | €1.91B | ― | -6.32% | ― | ― | 3.33% |
Lithium Energy Ltd. Corporate Events
Lithium Energy Limited has completed the sale of its Solaroz Lithium Brine Project in Argentina, receiving a total of US$33.8 million for the first tranche, with the second tranche expected to complete in January 2026. The company is also acquiring a significant interest in the Capricorn Gold-Copper Belt Project in Queensland, aiming to bolster its operations and meet ASX’s criteria for reinstatement of its securities to quotation. These strategic moves are part of Lithium Energy’s efforts to enhance its operational capabilities and secure its position in the resource sector.
Lithium Energy Limited has successfully completed the first tranche of its sale of a 39.9% interest in the Solaroz Lithium Brine Project to CNGR Netherlands New Energy Technology B.V., receiving US$26 million. This transaction is part of a larger US$63 million deal, which will see the transfer of the remaining 50.1% interest by January 2026. The sale is expected to impact the company’s financial position positively and strengthen its strategic partnership with CNGR, as the latter will have board representation in Solaroz.
Lithium Energy Limited has announced a short extension for the completion of Tranche 1 of its sale agreement with CNGR Netherlands New Energy Technology B.V. for its 90% interest in the Solaroz Lithium Brine Project in Argentina. The extension to April 30, 2025, was agreed upon due to logistical issues faced by CNGR, including visa delays for key personnel. This sale, valued at approximately US$63 million, is significant for Lithium Energy as it aligns with its strategic focus on optimizing its asset portfolio and potentially enhancing its market position in the lithium industry.
Lithium Energy Limited has released its half-year report for the period ending December 31, 2024. The report outlines the company’s financial performance and strategic initiatives, highlighting its ongoing efforts to strengthen its position in the lithium market. This announcement is significant for stakeholders as it provides insights into the company’s operational progress and future growth prospects in the rapidly expanding lithium industry.
Lithium Energy Limited has announced the consolidation of exploration tenements in Central Queensland, creating the Capricorn Gold-Copper Belt Project. This strategic acquisition, adjacent to the historic Mt Morgan Gold Mine, involves a $3 million cash payment and a $4 million exploration commitment over two years. The project aims to enhance the company’s operational activities, potentially lifting its ASX trading suspension, and marks a new direction following the sale of its Solaroz Lithium Project.
Lithium Energy Ltd. announced the cessation of 100,000 securities related to an option expiring on February 15, 2025, which were not exercised or converted. This cessation reflects the company’s ongoing management of its issued capital and could impact stakeholders by indicating a potential shift in the company’s capital strategy or market position.
Lithium Energy Limited has announced that its shareholders have overwhelmingly approved the spin-out of Axon Graphite Limited, with approximately 99.6% of votes in favor. This strategic move is expected to enhance the company’s focus and operations, potentially strengthening its position in the energy sector and benefitting stakeholders.
Lithium Energy Limited has received final environmental impact assessment approvals for the next phase of exploration and evaluation at its Solaroz Lithium Brine Project in Argentina. This development, facilitated by an amended sale agreement with CNGR Netherlands New Energy Technology, enables further exploration activities while CNGR funds local operations, potentially enhancing the project’s commercial prospects and Lithium Energy’s market positioning.