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Sayona Mining
(Sydney:SYA)
Sayona Mining (SYA) vs. S&P 500 (SPY)
Sayona Mining Business Overview & Revenue Model
Sayona Mining Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 200.87M | 1.70M | 387.00K | 645.39K | 60.43K | Gross Profit |
| 178.29M | -4.47M | 337.00K | 593.63K | 6.86K | EBIT |
| -119.07M | -25.79M | -20.64M | -4.17M | -2.95M | EBITDA |
| -78.09M | -19.03M | -20.57M | -3.56M | -4.56M | Net Income Common Stockholders |
| -101.40M | -13.63M | 58.89M | -4.38M | -5.40M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 90.62M | 211.12M | 184.56M | 35.50M | 492.66K | Total Assets |
| 952.51M | 1.01B | 661.16M | 71.72M | 22.19M | Total Debt |
| 30.62M | 31.21M | 23.47M | 52.76K | 89.10K | Net Debt |
| -60.00M | -179.91M | -161.09M | -35.45M | -403.56K | Total Liabilities |
| 156.88M | 124.75M | 100.54M | 3.84M | 1.04M | Stockholders Equity |
| 665.04M | 756.16M | 504.02M | 61.39M | 21.15M |
| Cash Flow | Free Cash Flow | |||
| -193.36M | -259.84M | -45.67M | -15.48M | -6.58M | Operating Cash Flow |
| -64.64M | -66.48M | -13.64M | -11.18M | -3.58M | Investing Cash Flow |
| -114.04M | -129.92M | -237.44M | 2.19M | -3.00M | Financing Cash Flow |
| 60.34M | 221.25M | 408.25M | 44.29M | 5.21M |
Sayona Mining Technical Analysis
Sayona Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $2.77B | 1,418.92 | -36.53% | 10.51% | -28.50% | -532.61% | |
52 Neutral | $219.32M | ― | -17.81% | ― | 87.89% | -344.44% | |
49 Neutral | $1.95B | -1.49 | -20.76% | 3.74% | 1.00% | -28.87% | |
48 Neutral | $4.02B | 50.78 | -33.95% | 4.54% | 2.22% | -411.10% | |
46 Neutral | $4.84B | 23.42 | -1.04% | ― | -65.07% | -102.37% | |
41 Neutral | $150.01M | ― | -21.25% | ― | -70.50% | 62.71% | |
34 Underperform | AU$14.37M | ― | -141.00% | ― | 37.21% | 4.76% |
Sayona Mining Earnings Call Summary
Sayona Mining Corporate Events
Sayona Mining’s North American Lithium (NAL) operations faced challenges in the March 2025 quarter due to unseasonal weather impacting production, resulting in a 15% decrease in spodumene production. Despite these setbacks, the company maintained its production guidance and improved lithium recovery rates. Sales were strategically planned to capitalize on higher forward pricing, and the company reported $31 million in revenue. Sayona is undergoing a significant corporate transformation, with plans to merge with Piedmont Lithium, subject to shareholder approval, to form Elevra Lithium Limited. This merger aims to create a leading lithium producer with a strong project portfolio and a robust financial position, positioning Sayona for long-term growth in the lithium market.
Sayona Mining Limited has announced significant results from its 2024 drill program at the Moblan Lithium Project in Québec, Canada. The drilling has confirmed thick, high-grade lithium intercepts outside the current Mineral Resource Estimate (MRE) pit shell, indicating potential for resource expansion. Results within the MRE pit shell also support the conversion of Inferred resources to higher categories, enhancing the project’s value. With assay results still pending for additional drill holes, the company anticipates further resource growth, positioning Moblan as a key asset in meeting global lithium demand.
Piedmont Lithium Inc. and Sayona Mining Limited have announced significant progress in their proposed merger, which aims to create a leading lithium business named Elevra Lithium Limited. The merger has received key regulatory approvals in the United States and Canada, and is expected to close in mid-2025, subject to shareholder approval. The transaction involves a reverse stock split for Sayona shares and the issuance of American Depository Shares, positioning the combined entity to better serve the growing demand for lithium resources.
Piedmont Lithium and Sayona Mining have announced amendments to their merger agreement, which includes a reverse stock split for Sayona, an updated share exchange ratio, and a proposed name change for the combined entity to Elevra Lithium Limited. These changes are subject to shareholder approvals and are aimed at consolidating Sayona’s shares and aligning the companies’ operations to create a leading lithium business. The merger is expected to enhance the companies’ industry positioning and provide strategic benefits to stakeholders by forming a stronger entity in the lithium market.
Piedmont Lithium Inc. announced the final results from the 2024 drilling program at the North American Lithium mine, which is jointly owned with Sayona Mining Limited. The results are set to enhance the existing Mineral Resource Estimate and potentially increase resource tonnage, reinforcing the potential for expanding production to meet the growing demand for lithium. This development supports Piedmont’s plans for a brownfield expansion at the mine, aiming to increase production capacity and strengthen its position as a key supplier in the lithium market.
Sayona Mining Limited has announced significant progress in its proposed merger with Piedmont Lithium, which aims to form a leading lithium company named Elevra Lithium. The transaction, subject to shareholder approval, includes a 50/50 equity holding between Sayona and Piedmont shareholders and is expected to close by mid-2025. Regulatory approvals from Canada and the U.S. have been obtained, and an Extraordinary General Meeting is planned for the first half of 2025 to seek shareholder approval for the merger and related actions, including a share consolidation and capital raising. The merger is anticipated to enhance Sayona’s market position and attract a broader set of investors.
Sayona Mining Limited has announced an amendment to its merger agreement with Piedmont Lithium, aiming to create a leading hard rock lithium business. The amendment includes several key changes, such as a proposed share consolidation and a new exchange ratio for shares, as well as a potential rebranding to Elevra Lithium Limited. These changes are subject to shareholder approval and are designed to streamline the merger process, potentially enhancing Sayona’s market position and operational efficiency.
Sayona Mining Limited has announced the final results of its 2024 drilling campaign at the North American Lithium operation in Québec, Canada, revealing significant high-grade lithium potential. The results confirm the extension of lithium mineralization, paving the way for resource expansion and potential upgrades, reinforcing Sayona’s position as a leading lithium producer in North America and enhancing its prospects for operational expansion.
Piedmont Lithium and Sayona Mining have announced that their merged entity will be named Elevra Lithium, with a Board of Directors comprising members from both companies. The merger aims to create a leading lithium business, enhancing their market position and operational capabilities in the lithium industry.
Sayona Mining Limited has announced a proposed merger with Piedmont Lithium Inc., which will result in the formation of a new entity named Elevra Lithium Limited. The merger aims to create a leading lithium business with a strengthened balance sheet and world-class asset portfolio, positioning the company to accelerate growth and meet rising global demand for lithium. The newly formed Elevra Lithium Board will consist of eight members, with equal representation from both Sayona and Piedmont, to provide strategic oversight and unlock the full potential of their combined assets. This merger is expected to enhance Sayona’s industry positioning and deliver long-term value for shareholders.
Sayona Mining Limited announced its FY25 half-year results, showcasing strong operational performance with a 57% increase in concentrate production and a 59% rise in sales volumes compared to the previous year. Despite a challenging market with declining lithium prices, the company maintained financial resilience, achieving a revenue of $122 million and a closing cash balance of $110 million. The strategic merger with Piedmont Lithium is set to enhance Sayona’s position as a leading North American lithium producer, with extensive exploration efforts further solidifying its resource base and growth potential.
Sayona Mining Limited has released its interim financial report for the half year ending December 31, 2024. The report includes the Directors’ Report, Auditor’s Independence Declaration, Consolidated Financial Statements, Directors’ Declaration, and Independent Auditor’s Review Report. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could influence investor confidence and strategic decisions moving forward.
Sayona Mining has announced that its FY25 Half Year Report will be released on February 28, 2025. The company will also host an investor webcast to discuss its financial results, offering stakeholders the opportunity to engage and ask questions, potentially impacting investor relations and market perception.