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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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 21.84M | 43.70M | 9.36M | 0.00 | 0.00 |
| Gross Profit | 21.84M | 43.49M | 9.31M | -337.00 | -881.00 |
| EBITDA | -29.72M | -45.25M | -4.94M | -2.89M | -4.45M |
| Net Income | -52.46M | -45.75M | -5.68M | -2.89M | -4.90M |
Balance Sheet | |||||
| Total Assets | 177.63M | 193.42M | 223.89M | 47.92M | 17.71M |
| Cash, Cash Equivalents and Short-Term Investments | 22.90M | 89.22M | 175.44M | 25.66M | 55.51K |
| Total Debt | 2.38M | 1.67M | 277.86K | 0.00 | 0.00 |
| Total Liabilities | 23.06M | 17.09M | 5.05M | 1.05M | 664.13K |
| Stockholders Equity | 153.15M | 171.25M | 218.83M | 46.87M | 17.05M |
Cash Flow | |||||
| Free Cash Flow | -79.72M | -95.49M | -32.89M | -7.23M | -7.17M |
| Operating Cash Flow | -39.80M | -27.73M | -8.68M | -2.43M | -2.95M |
| Investing Cash Flow | -18.00M | -24.06M | -25.37M | -4.80M | -4.22M |
| Financing Cash Flow | 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 |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.31B | 6.18 | 0.76% | 2.94% | 3.30% | -36.34% | |
55 Neutral | $65.67M | ― | -19.25% | ― | ― | 65.04% | |
40 Underperform | AU$117.19M | ― | -51.66% | ― | ― | 60.78% | |
39 Underperform | AU$19.25M | ― | -18.44% | ― | ― | 45.75% | |
39 Underperform | AU$41.44M | ― | -16.58% | ― | ― | -131.72% | |
35 Underperform | AU$44.78M | ― | -2.31% | ― | ― | -33.33% | |
28 Underperform | AU$27.61M | ― | ― | ― | -126.25% |
Lake Resources N.L. Corporate Events
Lake Resources N.L. has released an addendum to the Definitive Feasibility Study (DFS) for the Kachi Phase One project. This announcement highlights the company’s ongoing efforts to explore and potentially expand its lithium resources, although the results remain uncertain due to the conceptual nature of the exploration targets. The addendum reflects the company’s strategic positioning in the lithium market, aiming to capitalize on the growing demand for lithium, despite the inherent risks and uncertainties associated with exploration and resource determination.
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 released an updated Definitive Feasibility Study (DFS Addendum) for its Kachi Project in Argentina, revealing significant reductions in capital and operating costs. The project is positioned as a tier-one lithium brine project with strong economics, and the updated study highlights a 16% reduction in CAPEX and a 3% reduction in OPEX. The financial metrics show an estimated NPV10 of US$1,469M pre-tax and an IRR of 22.5% pre-tax. The company is advancing environmental approvals and exploring strategic alternatives to enhance its financial flexibility and market positioning.
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 updated Ore Reserve estimate for its Kachi lithium brine project, highlighting an optimized mine plan that enhances lithium recovery rates and reduces the number of wells needed. The updated plan, utilizing Lilac’s Generation 4 media, achieves higher direct lithium extraction recovery rates, resulting in significant CAPEX and OPEX savings and a reduced environmental footprint. The project is set to operate with 11 production wells and 14 injection wells, delivering a 25,000 tpa operation over a 25-year life-of-mine, with 98% of production derived from Measured Resources.
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. is set to conduct an investor roadshow across major Australian cities, with a webinar hosted by CEO David Dickson to provide updates on key operational and market developments. The company announced significant advancements, including an increase in the Kachi Project’s lithium resource, breakthroughs in lithium extraction technology with partner Lilac Solutions, and a confirmed power solution for the project. These updates position Lake Resources to capitalize on the growing demand for high-purity lithium, potentially enhancing investor value.
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. announced the issuance of 25 million fully paid ordinary shares as part of an agreement with Acuity Capital Investment Management Pty Ltd. This move, utilizing the company’s placement capacity under Listing Rule 7.1, aims to have these securities quoted on the Australian Securities Exchange (ASX), potentially enhancing the company’s capital base and market presence.
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 issuance of 65,000,000 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is likely to enhance the company’s capital base, potentially supporting its strategic initiatives in the lithium market and strengthening its position in the 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 issued 90 million fully paid ordinary shares to Acuity Capital Investment Management Pty Ltd as part of an At-the-Market Subscription Agreement. This move, involving shares priced at 3.23 cents and some at nil consideration, is part of the company’s strategy to enhance its financial positioning and operational capacity, potentially impacting its market presence and stakeholder interests.
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 a proposed issue of 25,000,000 ordinary fully paid securities, scheduled for July 24, 2025. This move is part of a placement or other type of issue, which could enhance the company’s capital structure and potentially strengthen its market position in 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. announced a proposed issuance of 65,000,000 ordinary fully paid securities, with the issue date set for July 24, 2025. This move is part of the company’s strategy to enhance its capital base, potentially impacting its market positioning by providing additional resources for its lithium project developments, which could have significant implications for stakeholders involved in the growing electric vehicle and battery storage sectors.
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 raised $2.1 million through its At-the-Market Subscription Agreement with Acuity Capital by issuing 65 million shares at a discount price. The funds will bolster the company’s balance sheet and support the strategic alternatives process for the Kachi Project. Additionally, Lake has extended the expiry date of its ATM by five years to 2031 and increased the shares held as security by Acuity Capital. This move reflects the company’s ongoing efforts to secure financial stability and advance its projects, potentially impacting its market position and stakeholder interests.
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. reported a net decrease in cash and cash equivalents of $2,529,000 for the quarter ending June 30, 2025. The company’s cash flow was impacted by significant expenditures in exploration and evaluation activities, as well as administrative and corporate costs. Despite these outflows, Lake Resources managed to secure proceeds from equity securities, which partially offset the cash used in operations and investing activities. This financial update highlights the company’s ongoing investment in its lithium projects, which are crucial for its strategic positioning in the growing 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 completion of the Front-End Engineering Design (FEED) study for its Kachi Lithium Brine Project in Argentina, marking a significant milestone in its infrastructure development. The study, conducted by YPF Luz, outlines the project’s electrical interconnection to the national grid, enhancing power availability and reliability, and supporting sustainable mining growth in the region. This development aligns with a broader initiative by YPF Luz and Central Puerto S.A. to improve power infrastructure in Argentina’s Puna Region, potentially strengthening Lake’s position in the global lithium market.
The most recent analyst rating on (AU:LKE) stock is a Hold with a A$0.04 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. announced the cessation of 5,550,000 securities due to the expiry of options or other convertible securities without exercise or conversion as of June 15, 2025. This announcement may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategies and future growth potential.
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 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.