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Patagonia Lithium Limited
(Sydney:PL3)
Patagonia Lithium Limited (PL3) vs. iShares MSCI Australia ETF (EWA)
Patagonia Lithium Limited Business Overview & Revenue Model
Patagonia Lithium Limited Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 0.00 | 0.00 | 130.11K | 0.00 |
| Gross Profit | 0.00 | 0.00 | 130.11K | -140.10K |
| EBITDA | -306.29K | -360.94K | -1.10M | -1.21M |
| Net Income | -1.09M | -414.29K | -1.11M | -1.47M |
Balance Sheet | ||||
| Total Assets | 10.99M | 10.98M | 7.33M | 4.94M |
| Cash, Cash Equivalents and Short-Term Investments | 137.52K | 57.55K | 2.65M | 684.48K |
| Total Debt | 0.00 | 867.21K | 119.29K | 1.61M |
| Total Liabilities | 120.76K | 2.57M | 214.58K | 2.52M |
| Stockholders Equity | 10.87M | 8.41M | 7.12M | 2.42M |
Cash Flow | ||||
| Free Cash Flow | -1.43M | -965.15K | -1.84M | -4.54M |
| Operating Cash Flow | -1.43M | -965.15K | -1.04M | -279.86K |
| Investing Cash Flow | -3.51M | -3.79M | -796.55K | -4.26M |
| Financing Cash Flow | 4.78M | 2.16M | 3.57M | 5.23M |
Patagonia Lithium Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$38.31M | -1.34 | -11.31% | ― | ― | ― | |
48 Neutral | AU$13.29M | -8.00 | -23.61% | ― | ― | -4.35% | |
45 Neutral | AU$8.50M | -32.58 | -29.48% | ― | ― | 76.12% | |
44 Neutral | AU$26.00M | -6.37 | -24.52% | ― | ― | 26.67% | |
42 Neutral | AU$11.24M | -3.73 | 99.38% | ― | ― | 93.44% | |
40 Underperform | AU$6.23M | -4.44 | -247.28% | ― | ― | -405.06% |
Patagonia Lithium Limited Corporate Events
Patagonia Lithium has presented a broker update highlighting its current mineral resource estimate of 103,500 tonnes of lithium metal, equivalent to 551,000 tonnes of lithium carbonate equivalent. The company also noted completion of well JAM26-06 and confirmed that previously reported resource assumptions and technical parameters remain unchanged, providing continuity for investors assessing the scale and classification of its lithium brine assets.
The presentation reiterates that the resource is reported under JORC guidelines, with a breakdown between indicated and inferred categories, and that there is no new information materially affecting prior disclosures. By restating these metrics and compliance details, Patagonia Lithium seeks to maintain market confidence in the robustness of its lithium resource base as it advances its projects in a sector where reliable, independently verified resource estimates are critical for valuation and future development decisions.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium Ltd has issued 13,975,000 unquoted options with an exercise price of $0.16 and an expiry date of 31 December 2027. The new options, which are not intended to be quoted on the ASX, form part of a previously announced transaction structure and adjust the company’s capital base in support of its ongoing lithium-focused growth strategy.
The issuance of these unquoted options may provide additional incentive alignment for stakeholders involved in the earlier transaction, while potentially introducing future dilution if exercised. This move underscores the company’s continued reliance on equity-linked instruments to fund and advance its lithium exploration and development activities within a competitive battery metals market.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium Ltd has issued 27.95 million new shares via a placement, expanding its capital base while maintaining compliance with Australian corporate disclosure requirements. The company confirmed the shares were issued without a prospectus under relevant Corporations Act provisions and stated there is no excluded information, signalling transparency for investors and supporting its ongoing funding and operational needs.
The notice reiterates Patagonia Lithium’s status as a disclosing entity subject to regular reporting obligations, underscoring adherence to financial reporting and continuous disclosure rules. This capital raising strengthens the company’s financial position as it advances its lithium projects, with the compliance assurances aimed at sustaining investor confidence in a tightly regulated market.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has applied to the ASX for quotation of 27,950,000 ordinary fully paid shares, scheduled for issue on 11 February 2026. The move increases the number of tradable securities on market and is part of previously flagged transactions, potentially broadening the company’s shareholder base and enhancing liquidity in its stock.
The additional quotation aligns with Patagonia Lithium’s capital management and growth plans, supporting funding flexibility as it pursues its lithium-focused strategy. For existing and prospective investors, the enlarged free float may improve trading conditions while modestly diluting existing holdings, reflecting a balance between capital needs and market presence.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has completed drilling Well JAM 26-06 at its Formentera concession to a depth of 488 metres, intersecting bedrock and more than 180 metres of highly porous sandy and silt units. These intervals, especially between 80-200 metres and 340-400 metres, are considered prospective for hosting lithium-bearing brines based on observed porosity and strong brine flow during testing.
Specific gravity readings of up to 1.13 grams per cubic centimetre and electrical conductivity at the upper limit of measurement indicate increasingly concentrated dissolved ions in the brines. Successful packer tests, strong flow rates, and planned 72-hour pump testing, alongside assays now underway, are expected to help extend and upgrade the project’s aquifer domains and support a move toward indicated mineral resource status.
The well is being lined with slotted PVC and will be surveyed using Borehole Magnetic Resonance to refine porosity estimates, adding further geological confidence. Management says correlation of the new well with earlier drilling improves understanding of the basin and positions the company to strengthen the resource base once laboratory assay results are received.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
The company reports continued drilling progress at the Formentera concession’s Well 6, now at 308 metres, where porous sand units, rising brine densities, and successful packer tests indicate promising lithium-bearing horizons ahead of deeper target zones. Consistently strong specific gravity, conductivity, and flow rates across multiple depths suggest the well could enhance Patagonia Lithium’s resource potential, reinforcing its positioning within Argentina’s lithium brine sector and signaling encouraging prospects for future assays and development planning.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium Ltd has announced a proposed placement and related issue of new securities, including 29 million ordinary fully paid shares and a total of 19.5 million unquoted options with an exercise price of $0.16 and expiry on 31 December 2027. The capital raising, scheduled for issue on 11 February 2026, is expected to strengthen the company’s funding position as it advances its lithium exploration and development activities, potentially enhancing its ability to progress projects and improve its positioning within the competitive lithium sector for the benefit of existing and new shareholders.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has secured firm commitments for a A$2.9 million private placement, issuing up to 29 million new shares at A$0.10 each plus one unquoted option for every two shares, to fund the next phase of work on its flagship Formentera lithium brine project in Argentina. The capital injection will support drilling, an upgraded mineral resource estimate, scoping and feasibility studies, and engineering work on an Ekosolve direct lithium extraction first-phase plant, as well as working capital, reinforcing the company’s efforts to advance its 551,000-tonne LCE resource and strengthen its position in the emerging lithium and critical minerals supply chain; Cygnet Capital acted as lead manager and will receive fees and options for its role in the raising.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium Ltd has requested and been granted a trading halt on its securities on the ASX as it prepares to undertake a capital raising. Trading in PL3 shares will be suspended until either the company releases its capital-raising announcement or normal trading commences on 4 February 2026, a move that signals an imminent funding initiative likely aimed at supporting its exploration and development activities and potentially altering its capital structure.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has provided an update on drilling activities at its Formentera concession, where Well JAM 26-06 has reached a depth of 131 metres and intersected highly porous sandy and volcanic units that are considered prospective for lithium-bearing brines. Initial packer tests at 103m and 130m show increasing brine specific gravity, electrical conductivity and total dissolved solids, with flow rates above 1,000 litres per hour, results the company describes as excellent and consistent with the geology encountered in its earlier successful JAM 24-02 well, which previously returned high lithium grades at depth; brine samples from the current well have been collected and are now awaiting laboratory assays, the outcomes of which will be critical for confirming the lithium potential of the Formentera project and could strengthen Patagonia Lithium’s exploration case and standing in the emerging lithium brine sector if they prove favourable.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has completed drilling of well JAM 25-05 at its Formentera concession to a depth of 401 metres, stopping short of the planned 600 metres after encountering compacted, low-porosity clay formations between 250 and 400 metres that yielded no statistically measurable brine flows. Three packer brine samples taken from shallower intervals returned lithium grades of up to 219 ppm at 165-170 metres with favourable low magnesium-to-lithium ratios, and six core samples have been sent to a Buenos Aires laboratory for porosity analysis; meanwhile, the company is preparing a drill pad for the next well, 26-06, south of JAM 24-02, to support a higher indicated mineral resource estimate, underlining both the geological complexity of the salar and the ongoing effort to delineate economically viable brine aquifers.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium Limited has released a broker presentation confirming a current Mineral Resource Estimate of 103,500 tonnes of lithium metal, equivalent to 551,000 tonnes of lithium carbonate equivalent (LCE), for its lithium brine project. The company notes that this represents a previously reported 319% increase in its lithium carbonate resource and clarifies that the underlying assumptions, technical parameters and Competent Person findings remain unchanged, reinforcing the scale and continuity of its resource base for investors and other stakeholders.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.13 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has entered a non-binding strategic partnership agreement with US-listed Ameerex Corporation to support investment in its flagship Formentera lithium project in Argentina, as well as its Brazilian niobium and rare earth projects. Ameerex, which is focused on co-investing in mining and clean-energy transition minerals, will assess and recommend how best to invest at both company and project level, potentially via private placements, providing Patagonia Lithium with an additional capital pathway beyond its recent A$2.68 million raising to advance drilling, resource definition and scoping studies on its growing lithium portfolio.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium has provided an operational update on its Formentera lithium brine project, confirming that drilling at well JAM 25-05 has reached a depth of 335 metres with stable conditions and encouraging brine volumes encountered in sandy and clay layers. The company has collected initial packer brine samples from shallow intervals for laboratory assay, extracted core samples for porosity analysis in Buenos Aires, hired a specialised double packer system to obtain uncontaminated brine samples at greater depths, and is gathering isotopic data required to complete its environmental plan, all of which mark important steps toward advancing resource definition and environmental approvals at the project.
The most recent analyst rating on (AU:PL3) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Patagonia Lithium Limited stock, see the AU:PL3 Stock Forecast page.
Patagonia Lithium Ltd has confirmed that all resolutions put to shareholders at its 22 December 2025 general meeting were approved by poll, reflecting solid investor support for the company’s current governance and incentive structures. The key items passed were the issuance of director performance rights to Executive Chairman Phillip Thomas and non-executive directors Rick Anthon and Pablo Tarantini, a move that further aligns board remuneration with company performance and signals continued backing for management’s strategy from the shareholder base.