American Lithium (LI) AI Stock Analysis

• Market Cap: C$214.41M
• Dividend Yield: N/A
• Average Volume (3M): 467.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.48
• Revenue Growth: N/A
• EPS Growth: 59.70%
• Country: CA
• Employees: 55
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 255,254,640
• 10 Day Avg. Volume: 416,053
• 30 Day Avg. Volume: 467,798
• PEG Ratio: 0.09
• Price to Book (P/B): 0.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.36
• 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: 52 Neutral
• Price Target: C$0.91 ▲(37.73% Upside)

The score is constrained primarily by a pre-revenue financial profile with ongoing losses and negative free cash flow, despite improving loss and cash-burn trends and a low-debt balance sheet. Technicals are a key support, with the stock in an uptrend and positive momentum. Valuation remains challenged due to negative earnings and no dividend support.

Positive Factors

Strategic lithium and uranium project portfolio

Owning multiple advanced mineral projects (TLC in Nevada; Falchani and Macusani in Peru) provides geographic and commodity diversification. This portfolio gives long-term optionality to capitalize on sustained battery‑metals and uranium demand as projects advance toward development or JV opportunities.

Conservatively levered balance sheet

Very low debt reduces refinancing and interest‑rate risks for a capital‑intensive miner. Conservative leverage preserves flexibility to fund project development, pursue partnerships or withstand commodity cycles without forced asset sales, strengthening long‑term execution ability.

Improving cash burn and narrowing losses

Meaningful reduction in cash burn and narrower net losses indicates improving cost control and operational discipline. Sustained improvement extends runway, lowers near‑term financing needs and increases the likelihood management can advance projects without excessive dilution over the medium term.

Negative Factors

Pre-revenue operating profile

With no revenues, the firm lacks operating cash inflows and its economics hinge entirely on progressing projects to production or monetization. This structural status increases execution risk and makes company value highly dependent on development timelines and commodity price outcomes.

Persistent negative cash generation

Ongoing negative operating and free cash flow requires recurring external capital to fund activities. Over time this raises dilution risk, can constrain project timelines if markets tighten, and leaves the company exposed to financing conditions that may be adverse during industry downturns.

Losses producing negative returns on equity

Sustained losses erode shareholder equity and limit the firm’s ability to self‑fund development or attract non‑dilutive capital. If losses persist until project commercialization is delayed, the equity base and investor confidence could weaken, complicating long‑term growth execution.

American Lithium Business Overview & Revenue Model

Company Description

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada.

How the Company Makes Money

American Lithium makes money primarily through the exploration and eventual production of lithium from its mining projects. The company generates revenue by extracting lithium and selling it to customers, including battery manufacturers and technology companies, who use lithium in the production of batteries for electric vehicles, consumer electronics, and energy storage solutions. Additionally, the company may engage in strategic partnerships with other mining companies or technology firms to enhance its exploration capabilities, expand its market reach, and secure long-term supply agreements. These partnerships and agreements can provide additional revenue streams and financial stability. American Lithium's success in generating revenue is heavily dependent on the market demand for lithium, the efficiency of its mining operations, and the global lithium price trends.

American Lithium Financial Statement Overview

Summary

American Lithium's financial health is under pressure with persistent losses and negative cash flows. The low debt levels provide some stability, but the lack of revenue generation and increasing operational costs highlight significant challenges ahead.

Income Statement

American Lithium has struggled with profitability as indicated by negative EBIT and net income over the years. The absence of revenue growth, combined with increasing losses, reflects challenges in achieving operational efficiency and market penetration.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio, suggesting conservative leverage. However, the consistent decline in stockholders' equity and total assets indicates potential financial instability. Despite low debt levels, the lack of substantial asset growth remains a concern.

Cash Flow

Negative free cash flow growth and operating cash flow indicate liquidity issues. While the company has managed to secure some financing, its cash flow from operations remains weak, reflecting ongoing challenges in managing operational expenditures.

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	-295.37K	-283.25K	-297.00K	-92.07K	-34.06K	-1.13K
EBITDA	-12.33M	-23.73M	-38.78M	-35.48M	-23.36M	-12.96M
Net Income	-12.88M	-25.00M	-39.90M	-36.06M	-23.55M	-12.96M
Balance Sheet
Total Assets	162.94M	157.03M	173.59M	194.28M	193.49M	17.19M
Cash, Cash Equivalents and Short-Term Investments	9.56M	2.15M	16.34M	40.62M	55.86M	5.53M
Total Debt	56.58K	77.91K	176.92K	226.29K	1.18M	1.14M
Total Liabilities	2.94M	5.06M	4.25M	1.89M	2.69M	1.55M
Stockholders Equity	160.00M	151.97M	169.35M	192.39M	190.80M	15.64M
Cash Flow
Free Cash Flow	-6.99M	-10.82M	-23.95M	-24.42M	-13.47M	-9.11M
Operating Cash Flow	-6.97M	-10.74M	-23.23M	-24.40M	-13.43M	-9.09M
Investing Cash Flow	1.62M	-80.94K	22.26M	3.17M	-33.47M	-603.55K
Financing Cash Flow	9.29M	9.90K	758.15K	12.79M	61.23M	14.40M

American Lithium Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.66
• 50DMA: Positive
• 100DMA: Positive
• 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:LI, the sentiment is Positive. The current price of 0.66 is below the 20-day moving average (MA) of 0.69, below the 50-day MA of 0.68, and above the 200-day MA of 0.51, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 62.82 is Neutral, neither overbought nor oversold. The STOCH value of 87.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:LI.

American 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%
LITH	56 Neutral	C$125.00M	-239.13	-0.96%	―	―	-107.23%
LCE	53 Neutral	C$67.77M	-25.31	-4.48%	―	―	27.68%
LI	52 Neutral	C$214.41M	-14.43	-7.81%	―	―	59.70%
FL	51 Neutral	C$186.76M	-13.59	-144.30%	―	―	34.36%
LTH	51 Neutral	C$249.19M	-71.27	-53.32%	―	―	93.58%
RCK	46 Neutral	C$106.10M	-8.23	-34.52%	―	―	36.48%

American Lithium Corporate Events

American Lithium to Spin Out Macusani Uranium Project Amid Favorable Market Conditions

American Lithium Corp. has announced its intention to spin out its Macusani Uranium Project in Peru into an independent public company. This move follows the resolution of legal matters concerning the project and aims to capitalize on the current favorable uranium market conditions. The spin-out is seen as a strategic step to unlock the full value of Macusani, recognized as one of the largest undeveloped uranium deposits globally. Concurrently, American Lithium is advancing technical work on the project, including a new Mineral Resource Estimate and Preliminary Economic Assessment, with results expected in early 2026. The spin-out is still in the planning stages and subject to various conditions, including shareholder and regulatory approvals.

American Lithium Secures Full Ownership of Peruvian Mining Concessions

American Lithium Corp. has received a favorable ruling from the Peruvian Supreme Court, which mandates full ownership of 32 mining concessions for its subsidiary, Macusani Yellowcake S.A.C. This decision provides legal security essential for the development of the Falchani and Macusani projects, allowing the company to advance its strategic critical-minerals projects with reduced risk and enhanced legal stability.

American Lithium Announces AGM Results and Strategic Approvals

American Lithium Corp. announced the results of its Annual General Meeting, where all nominated directors were elected, and key resolutions were approved, including the appointment of auditors and the re-approval of the company’s omnibus incentive plan. The meeting’s outcomes are expected to support the company’s strategic direction and operational stability, reinforcing its position in the lithium and uranium markets.

American Lithium Unveils Major Cesium Resource and Processing Advancements

American Lithium Corp. has announced a significant cesium resource within its Falchani Lithium deposit, positioning it as a major player in the global cesium market. Recent optimization work on the processing flowsheet has demonstrated the potential for cost-effective recovery of cesium by-products, which could enhance the company’s operational efficiency and economic viability. The improvements in processing technology, including reduced acid consumption and increased recovery rates, are expected to bolster the company’s market position and support North American supply chain resilience.