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Lake Resources N.L.
(Sydney:LKE)
Lake Resources N.L. (LKE) vs. iShares MSCI Australia ETF (EWA)
Lake Resources N.L. Business Overview & Revenue Model
Lake Resources N.L. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 5.57M | 21.84M | 43.70M | 9.36M | 0.00 | 0.00 | Gross Profit |
| 5.57M | 21.84M | 43.49M | 9.31M | -337.00 | -881.00 | EBIT |
| -35.07M | -29.16M | -55.03M | -11.97M | -2.89M | -4.45M | EBITDA |
| -35.62M | -29.72M | -45.25M | -4.94M | -2.89M | -4.45M | Net Income Common Stockholders |
| -28.49M | -52.46M | -45.75M | -5.68M | -2.89M | -4.90M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 22.56M | 22.90M | 89.22M | 175.44M | 25.66M | 55.51K | Total Assets |
| 183.12M | 177.63M | 193.42M | 223.89M | 47.92M | 17.71M | Total Debt |
| 2.01M | 2.38M | 1.67M | 277.86K | 0.00 | 0.00 | Net Debt |
| -20.55M | -20.52M | -87.54M | -175.17M | -25.66M | -55.51K | Total Liabilities |
| 20.91M | 23.06M | 17.09M | 5.05M | 1.05M | 664.13K | Stockholders Equity |
| 160.40M | 153.15M | 171.25M | 218.83M | 46.87M | 17.05M |
| Cash Flow | Free Cash Flow | ||||
| -34.74M | -79.72M | -95.49M | -32.89M | -7.23M | -7.17M | Operating Cash Flow |
| -24.83M | -39.80M | -27.73M | -8.68M | -2.43M | -2.95M | Investing Cash Flow |
| 7.95M | -18.00M | -24.06M | -25.37M | -4.80M | -4.22M | Financing Cash Flow |
| 16.51M | 14.03M | 1.77M | 183.83M | 32.83M | 5.50M |
Lake Resources N.L. Technical Analysis
Lake Resources N.L. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
54 Neutral | $184.69M | ― | -17.81% | ― | 87.89% | -344.44% | |
51 Neutral | $2.02B | -1.12 | -21.36% | 3.65% | 2.87% | -30.54% | |
50 Neutral | $3.94B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
48 Neutral | $54.66M | ― | -19.25% | ― | ― | 65.04% | |
47 Neutral | $3.86B | 23.42 | -1.04% | ― | -65.07% | -102.37% |
Lake Resources N.L. Corporate Events
Lake Resources N.L. has announced amendments to its Resource Update initially released on 14 May 2025, following a request from the ASX. These amendments include clarifications on future drilling activities, additional details on cut-off grades, and further information on the Competent Person Statement, among others. These changes are expected to enhance the transparency and accuracy of the company’s reporting, potentially impacting stakeholder confidence and the company’s positioning within the lithium industry.
The most recent analyst rating on (AU:LKE) stock is a Buy with a A$0.14 price target. To see the full list of analyst forecasts on Lake Resources N.L. stock, see the AU:LKE Stock Forecast page.
Lake Resources N.L. has announced an update to its Mineral Resource Estimate for the Kachi lithium brine project, increasing the Measured and Indicated Resource to 8.2 million tonnes of lithium carbonate equivalent (LCE), up from 7.3 million tonnes. This update, which includes results from recent drilling and testing, highlights a higher-grade lithium zone in the southern sector of the salar and incorporates advancements in lithium recovery technology. The increase in resources is expected to enhance the project’s feasibility and operational efficiency, potentially benefiting stakeholders by positioning Lake Resources as a more competitive player in the lithium market.
The most recent analyst rating on (AU:LKE) stock is a Buy with a A$0.14 price target. To see the full list of analyst forecasts on Lake Resources N.L. stock, see the AU:LKE Stock Forecast page.
Lake Resources N.L. has announced the formation of a Special Committee to explore strategic alternatives for maximizing stakeholder value, driven by the belief that the Kachi project’s market value is undervalued. Despite current low lithium prices, the company remains optimistic about long-term demand growth and aims to address valuation discrepancies through potential sales, mergers, or partnerships.
Lake Resources N.L. announced the issuance of 22,084,586 performance stock units as part of an employee incentive scheme. This move reflects the company’s strategy to incentivize its workforce, potentially enhancing productivity and aligning employee interests with company growth, which could strengthen its position in the competitive lithium market.
Lake Resources N.L. announced the issuance of 22,084,586 restricted stock units as part of an employee incentive scheme. This move is part of the company’s strategy to incentivize and retain talent, which is crucial for advancing its lithium projects and maintaining its competitive position in the rapidly growing lithium market.
Lake Resources N.L. announced the cessation of 2,256,293 securities due to the expiry of options or other convertible securities without exercise or conversion. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future growth potential.
Lake Resources N.L. reported a decrease in cash and cash equivalents by $7.558 million for the quarter ending March 31, 2025. The company’s cash flow was negatively impacted by operating activities, which saw significant outflows due to administration and corporate costs, and investing activities, which included payments for exploration and evaluation. Despite these challenges, the company managed to generate some cash from financing activities and investments, indicating ongoing efforts to manage its financial position amid industry demands.
Lake Resources N.L. has announced the application for quotation of 56,000,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of previously announced transactions. This move is likely to enhance the company’s capital base, potentially strengthening its position in the lithium market and offering new opportunities for stakeholders.
Lake Resources N.L. has issued 56,000,000 fully paid ordinary shares to Acuity Capital Investment Management Pty Ltd at a price of 4.00 cents per share under its At-the-Market Subscription Agreement. This move is part of the company’s strategy to raise capital without disclosure to investors, ensuring compliance with relevant sections of the Corporations Act 2001. The issuance of new shares is expected to support the company’s financial position and operational capabilities, potentially impacting its market presence and stakeholder interests.
Lake Resources N.L. announced a proposed issue of 56,000,000 ordinary fully paid securities, scheduled for April 14, 2025. This strategic move is expected to enhance the company’s capital structure, potentially strengthening its market position and providing additional resources to advance its lithium projects, which are vital for the growing demand in the electric vehicle and renewable energy sectors.
Lake Resources N.L. has successfully raised $2.25 million through its At-the-Market Subscription Agreement with Acuity Capital by issuing 56 million fully paid ordinary shares at a premium price of 4.0 cents per share. The funds will be used to strengthen the company’s balance sheet, support its strategic priorities for the Kachi project, and provide working capital, highlighting the company’s ongoing commitment to advancing its operations and maintaining a strong market position.
Lake Resources N.L. has released an investor presentation outlining the current status and future potential of its lithium projects, particularly the Kachi project. The presentation includes information derived from previous feasibility studies and resource updates, emphasizing the company’s commitment to advancing its lithium extraction capabilities. However, the company cautions that the information is based on exploration targets and forward-looking statements, which are subject to uncertainties and should not be relied upon without professional advice.