Imagine Lithium Inc (ILI) AI Stock Analysis

• Market Cap: C$10.22M
• Dividend Yield: N/A
• Average Volume (3M): 455.57K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.08
• Revenue Growth: N/A
• EPS Growth: -136.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 340,628,020
• 10 Day Avg. Volume: 163,205
• 30 Day Avg. Volume: 455,574
• PEG Ratio: -0.35
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.39
• 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: 48 Neutral
• Price Target: C$0.04 ▼(-12.50% Downside)

The score is held back primarily by weak operating fundamentals—no revenue, ongoing operating losses, and persistent cash burn—despite a strong no-debt balance sheet. Technicals are mostly neutral with limited momentum, while valuation is hard to support given a negative P/E and no dividend. Positive corporate updates improve the outlook, but remain early-stage and not yet reflected in cash generation.

Positive Factors

No debt / conservative balance sheet

A zero-debt balance sheet materially lowers financial risk and gives management flexibility to fund exploration or withstand commodity cycles without immediate refinancing. Over 2–6 months this underpins execution optionality and reduces default/liquidity pressures.

Positive project updates and resource upside

Meaningful exploration results and land expansion are structural drivers for an explorer: they can de-risk deposits, enable resource definition, and create optionality for development or JV partnerships. Over months, successful drilling/metallurgy raises long-term asset value.

Growing equity base supports assets

An enlarged equity base provides a capital cushion to finance exploration programs and absorb write-downs without immediate solvency strain. This structural capital strength reduces near-term dilution pressure and supports continued project advancement.

Negative Factors

No revenue / pre-revenue profile

Being pre-revenue means the business lacks operating cash inflows from product sales, so long-term viability depends on converting exploration success into commercial resources or sustained external funding. This raises execution and market-access risk over months.

Consistent negative operating and free cash flow

Persistent operating and free cash outflows indicate the company consumes capital to run and advance projects. Structurally, this necessitates ongoing financing, increases dilution risk, and constrains the pace of project development absent new funding or a clear path to cash generation.

Profitability quality concerns (non-operating gains)

Reported net income improvements driven by non-operating items, while operating EBIT remains negative, suggest accounting gains rather than repeatable business profits. Over the medium term this undermines earnings reliability and masking of true operational performance.

Imagine Lithium Inc Business Overview & Revenue Model

Company Description

Imagine Lithium Inc., a junior mineral exploration company, acquires, explores, and evaluates mineral properties in North America. Its flagship project is the 100% owned Jackpot Lithium property located in Thunder Bay, Ontario. The company was formerly known as Infinite Ore Corp. and changed its name to Imagine Lithium Inc. in February 2022. Imagine Lithium Inc. is headquartered in Vancouver, Canada.

How the Company Makes Money

Imagine Lithium Inc makes money primarily through the exploration and development of lithium mining projects. The company generates revenue by selling lithium extracted from its mining operations to manufacturers and suppliers in the electric vehicle and energy storage sectors. Additionally, ILI may engage in joint ventures or partnerships with other mining and technology companies to enhance its operational capabilities and expand its market reach. Revenue can also be influenced by fluctuations in global lithium prices, advancements in mining technology, and regulatory changes affecting the mining industry.

Imagine Lithium Inc Financial Statement Overview

Summary

Imagine Lithium Inc. shows typical early-stage mining financial characteristics. It has no revenue and negative cash flows, but strong equity with a zero debt-to-equity ratio suggests financial stability. The lack of profitability and revenue generation remains a challenge, indicating reliance on equity financing.

Income Statement

Imagine Lithium Inc. has not generated any revenue over the assessed periods, which is typical for early-stage mining companies. The absence of revenue results in negative EBIT and EBITDA margins, indicating ongoing operational losses. The net income, despite being positive in the TTM period due to non-operational factors, does not reflect core business profitability. The lack of revenue growth further highlights the early stage of exploration without commercial mining activities.

Balance Sheet

The company maintains a strong equity position with no debt, reflected in a zero debt-to-equity ratio, which minimizes financial risk. The high equity ratio indicates that the company is primarily financed through equity, ensuring financial stability. However, the return on equity is not meaningful due to the absence of revenue and operational profits. The increasing stockholder equity year-over-year shows good capital raising ability and financial soundness.

Cash Flow

Negative operating cash flows are a concern, as they indicate cash consumption from operations, expected in pre-revenue exploration stages. Despite negative free cash flows, cash reserves and previous financing activities provide some liquidity cushion. The lack of free cash flow growth and negative free cash flow to net income ratio highlights the need for continued external financing to support operations.

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	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-396.10K	269.13K	1.15M	1.28M	-861.00K	-573.00K
Net Income	-62.94K	269.13K	637.37K	-3.30M	-498.00K	-838.00K
Balance Sheet
Total Assets	20.39M	18.28M	19.19M	10.98M	13.01M	5.67M
Cash, Cash Equivalents and Short-Term Investments	1.58M	108.37K	3.11M	1.51M	4.82M	834.45K
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	452.64K	192.72K	1.37M	275.63K	253.79K	145.73K
Stockholders Equity	19.94M	18.09M	17.82M	10.70M	12.75M	5.52M
Cash Flow
Free Cash Flow	-1.14M	-749.74K	-1.42M	-4.50M	-2.18M	-625.03K
Operating Cash Flow	-755.71K	-740.21K	-1.15M	-577.84K	-628.06K	-310.54K
Investing Cash Flow	-764.72K	-2.04M	-6.07M	-3.73M	-1.40M	-276.82K
Financing Cash Flow	2.35M	0.00	9.29M	409.05K	5.69M	1.13M

Imagine Lithium Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ILI, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.78 is Neutral, neither overbought nor oversold. The STOCH value of 116.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ILI.

Imagine Lithium Inc 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%
ILI	48 Neutral	C$10.22M	-33.33	-1.36%	―	―	-136.00%
NRM	47 Neutral	C$10.29M	-4.46	-41.21%	―	―	48.66%
VLI	46 Neutral	C$4.19M	-1.22	-22.75%	―	―	7.52%
OWLI	43 Neutral	C$4.28M	-2.99	―	―	―	11.84%
SRA	39 Underperform	C$24.04M	43.88	16.97%	―	―	―
AWCM	33 Underperform	C$9.39M	-4.48	-17.86%	―	―	92.11%

Imagine Lithium Inc Corporate Events

Imagine Lithium Expands Land Holdings at Jackpot Project by 45%

Imagine Lithium Inc. has expanded its land holdings by 45% at its Jackpot Lithium Project in the Georgia Lake Pegmatite Field, Ontario, through the acquisition of the ‘SPOD Lithium Option’. This strategic move positions Imagine as the largest landholder in the region, enhancing synergies with Rock Tech Lithium’s nearby project and supporting the potential development of Ontario’s first lithium deposit. The acquisition is expected to bolster Imagine’s exploration capabilities and resource inventory, furthering its goal of advancing lithium production in the area.

Imagine Lithium Advances Jackpot Project with Strong Resource and Exploration Results

Imagine Lithium Inc. has announced significant technical milestones for its Jackpot Lithium Project, including a robust initial mineral resource estimate and promising metallurgical test results. The project shows strong potential for resource expansion with both indicated and inferred resources remaining open along strike and depth. Recent surface exploration programs have identified new high-priority targets, and the company plans an aggressive exploration program for 2026 to further expand known mineralization and test new targets. These developments position Imagine Lithium favorably within the lithium battery supply chain, potentially enhancing its market standing and offering promising implications for stakeholders.