International Lithium (ILC) AI Stock Analysis

• Market Cap: C$5.37M
• Dividend Yield: N/A
• Average Volume (3M): 272.19K
• Price to Earnings (P/E): 3.6
• Beta (1Y): 0.49
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 268,450,100
• 10 Day Avg. Volume: 102,741
• 30 Day Avg. Volume: 272,190
• PEG Ratio: -0.23
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$0.02 ▼(-20.00% Downside)

The score is held down primarily by weak financial performance (pre-revenue business, ongoing operating losses, and negative cash flow) and bearish technical signals (negative MACD and price below key moving averages). A low P/E provides some valuation support, but it is tempered by limited earnings quality and no dividend data.

Positive Factors

Conservative balance sheet

Zero reported debt and a meaningful equity base provide financial flexibility for a capital-intensive explorer. Over the medium term this lowers refinancing risk and preserves optionality to fund drilling or partner transactions, supporting project advancement without immediate debt burdens.

Strategic focus on lithium/battery metals

A business model centered on lithium and battery-related metals aligns the company with structural demand drivers for energy storage and electrification. This sector alignment enhances the long-term value proposition of exploration assets and increases partnership and offtake potential as projects mature.

Improving return on equity trend

ROE moving from negative to modestly positive suggests improving capital efficiency or favorable non-operating results. If management sustains discipline and converts exploration work into higher-value assets or partnerships, this trend could indicate gradually improving underlying financial returns.

Negative Factors

Pre-revenue operations

Being pre-revenue means the company lacks internal cash generation and profitability depends on non-operating items and asset moves. This structural status makes cash forecasting, financing plans, and long-term viability contingent on successful project development or recurring external funding.

Persistent negative cash flow

Consistent operating and free cash flow deficits force reliance on external capital, raising dilution and financing risk. For an exploration company, sustained cash burn constrains the ability to self-fund drilling and advancement, making project timelines and value realization contingent on capital markets.

Weak earnings quality and balance sheet volatility

Reported profits driven by non-operating items reduce transparency and predictability of future earnings. Historical episodes of negative equity demonstrate balance sheet sensitivity to funding and revaluations, increasing the probability that future capital raises or asset write-ups will determine reported performance.

International Lithium Business Overview & Revenue Model

Company Description

International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Argentina, Canada, and Ireland. It primarily explores for lithium, rubidium, caesium, and rare metal deposits. The company holds an interest in the Raleigh Lake project, which covers an area over 48,500 hectares located in Ontario; Avalonia Project, which comprises eight prospecting licenses totaling 292 square kilometers in south-eastern Ireland; and the Forgan Lake/Georgia Lake Project, which covers an area of 256 hectares located in the Thunder Bay Mining District in Northwestern Ontario, Canada. It also has an option to acquire approximately 100% in the Wolf Ridge project, which covers an area over 5,700 hectares located in Ontario. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.

How the Company Makes Money

International Lithium Corp. generates revenue primarily through the exploration and development of lithium-rich mineral properties, which they may sell or lease to larger mining companies. Additionally, the company engages in joint ventures and strategic partnerships to develop its projects further, sharing both costs and potential profits. ILC's revenue streams include the sale of mineral rights, royalties from production, and partnership agreements, where they provide expertise and resources in exchange for financial backing and a share of the profits from developed projects.

International Lithium Financial Statement Overview

Summary

International Lithium faces significant financial challenges due to no revenue generation and consistent operating losses. Despite a strong equity position and no debt, the negative cash flows and shrinking asset base indicate a need for strategic realignment.

Income Statement

The company has reported no revenue over the past years, resulting in continuous net losses. The absence of revenue growth and negative net profit margins highlight significant challenges in achieving profitability. The company needs to address its operational inefficiencies to improve financial performance.

Balance Sheet

International Lithium's balance sheet shows a strong equity position with no debt, reflecting a low-risk capital structure. However, the significant reduction in assets and persistent net losses indicate potential challenges in sustaining operations without external financing or revenue growth.

Cash Flow

The company consistently reports negative operating and free cash flows, indicating a reliance on external financing for sustainability. The lack of cash flow from operations poses a risk to the company's liquidity and ability to invest in growth initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-1.03K	-966.00	-2.15K	-13.72K	0.00	-43.41K
EBITDA	1.38M	-2.16M	-2.59M	-2.44M	-1.79M	-648.00K
Net Income	1.32M	151.86K	-2.49M	-1.33M	-4.48M	-1.82M
Balance Sheet
Total Assets	9.10M	10.50M	13.20M	14.52M	15.19M	9.00M
Cash, Cash Equivalents and Short-Term Investments	109.44K	337.93K	2.85M	6.45M	10.96M	1.91K
Total Debt	0.00	0.00	0.00	0.00	709.31K	8.97M
Total Liabilities	306.66K	912.54K	189.34K	147.26K	768.88K	9.91M
Stockholders Equity	8.87M	9.67M	13.01M	14.37M	14.42M	-904.82K
Cash Flow
Free Cash Flow	-200.32K	-2.21M	-4.14M	-6.30M	-3.07M	-232.31K
Operating Cash Flow	-200.32K	-2.01M	-2.49M	-1.97M	-2.49M	-232.31K
Investing Cash Flow	-99.96K	-629.01K	-919.74K	-1.51M	11.78M	62.48K
Financing Cash Flow	375.25K	0.00	0.00	-1.40M	1.67M	149.20K

International Lithium Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ILC, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and above the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 33.63 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ILC.

International Lithium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GDI	61 Neutral	C$853.65M	20.33	8.55%	―	-2.83%	179.03%
ILI	48 Neutral	C$10.22M	-33.33	-1.36%	―	―	-136.00%
ILC	45 Neutral	C$5.37M	3.57	12.49%	―	―	―
VRB	45 Neutral	C$3.04M	-5.08	-4.76%	―	―	84.01%
QMC	44 Neutral	C$7.29M	-30.43	―	―	―	14.29%
SKYG	44 Neutral	C$4.34M	-5.79	-100.67%	―	―	19.49%

International Lithium Corporate Events

International Lithium Sees Stronger Economics at Raleigh Lake as Lithium Prices Rebound

International Lithium Corp. has updated investors on the economic outlook for its Raleigh Lake lithium project in Ontario in light of a sharp rebound in lithium prices since mid-2025, highlighting that the spot price for SC6-grade spodumene now implies significantly improved project economics. Using the price sensitivity work from its 2024 Preliminary Economic Assessment and interpolating to current SC6 levels, the company estimates a pre-tax NPV of about C$223 million and an IRR of roughly 33% for the lithium-only component of Raleigh Lake, while cautioning that medium-term realized prices and costs may differ from current spot conditions. Alongside this, ILC has begun the process of converting certain Raleigh Lake mining claims into a mining lease and is planning additional work for 2026, including a prospective PEA on the project’s rubidium resource, moves that could strengthen the project’s development pathway and enhance its potential value beyond lithium alone.

The most recent analyst rating on (TSE:ILC) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on International Lithium stock, see the TSE:ILC Stock Forecast page.

International Lithium Rebrands as ILC Critical Minerals to Reflect Broader Critical Metals Focus

International Lithium Corp. is rebranding as ILC Critical Minerals Ltd., effective January 12, 2026, to better reflect its broadened focus beyond lithium to a wider suite of critical minerals discovered or targeted in its Canadian and prospective Southern African projects. The company’s common shares will begin trading under the new name on the TSX Venture Exchange while retaining the ticker symbol “ILC,” with share capital, business operations, and ongoing exploration and development activities remaining unchanged; existing share and warrant certificates will continue to be valid, and certain subsidiaries will also adopt the new branding, signaling a strategic repositioning in the evolving critical minerals market.

The most recent analyst rating on (TSE:ILC) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on International Lithium stock, see the TSE:ILC Stock Forecast page.

International Lithium Weighs Options After Unfavourable Arbitration on Namibian Lithium Asset

International Lithium Corp. reported that an arbitration at the Singapore International Arbitration Centre over a legacy dispute between Lepidico Chemicals Namibia and Jiangxi Jinhui Lithium in China resulted in an unfavourable ruling against Lepidico, whose Namibian subsidiary controls the Karibib lithium, rubidium and cesium project. Having deliberately structured its September 2025 deal for Lepidico Mauritius as an option pending this outcome, International Lithium remains a secured creditor and option holder on the Karibib project and is now assessing its strategic options, a process that could influence its expansion into Southern Africa and its broader positioning as a supplier of critical minerals amid rising global demand and geopolitical efforts to secure diversified, non-Chinese sources of lithium and related metals.

International Lithium Wins Strong Shareholder Backing as It Prioritizes Raleigh Lake and African Expansion

International Lithium Corp. reported that all resolutions at its 2025 annual general meeting were approved with more than 99% shareholder support, including the election of its full slate of directors for the coming year, reinforcing strong investor backing for the company’s strategic direction. The board’s renewed mandate underpins management’s focus on advancing the Raleigh Lake lithium-rubidium project and the Firesteel copper project in Canada, while pursuing expansion in Southern Africa through its optioned Karibib lithium-rubidium-cesium project in Namibia and applications for exploration licences in Zimbabwe, a strategy aimed at capturing rising demand for critical battery and technology metals and strengthening the company’s role in Western supply chains.

International Lithium Pivots to Critical Minerals as Market Rebounds

International Lithium Corp. used its 2025 AGM to underline a turnaround year marked by recovering lithium prices and a strategic shift into broader critical minerals. The company highlighted that a sharp rebound in spodumene and lithium carbonate prices in the second half of 2025 has restored the economic viability of its Raleigh Lake project in Ontario and improved sector-wide sentiment. Operationally, ILC completed the sale of its Avalonia property in Ireland to a Ganfeng Lithium subsidiary, using the C$2.5 million proceeds to help fund an option to acquire control of the Karibib project in Namibia, which hosts one of the world’s largest declared rubidium resources and substantial cesium, as well as lithium. Management emphasized that, if it proceeds with the Karibib option and advances its Zimbabwe applications, the company could significantly strengthen its position in the global critical minerals supply chain in 2026, diversifying revenue potential beyond lithium alone and deepening its presence in Southern Africa.

International Lithium Expands Loan to Secure Karibib Project Option

International Lithium Corp. has increased its secured loan to Lepidico to CAD$510,000, enabling an option to purchase Lepidico’s interest in the Karibib project in Namibia. This acquisition could significantly enhance ILC’s position in the lithium and rubidium markets, contingent on the outcome of an arbitration dispute with Jiangxi Jinhui Lithium Co. Ltd. If successful, ILC would gain a substantial resource advantage and strengthen its market presence.