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Idaho Champion Gold Mines Canada Inc (TSE:LTHM)
:LTHM

Idaho Champion Gold Mines Canada Inc (LTHM) AI Stock Analysis

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Idaho Champion Gold Mines Canada Inc

(LTHM)

Rating:27Underperform
Price Target:
Idaho Champion Gold Mines Canada Inc. faces significant challenges with no revenue and continuous losses. The bearish technical indicators and negative valuation metrics further weigh down the score. The company's lack of earnings call data and corporate events does not provide any additional positive outlook.

Idaho Champion Gold Mines Canada Inc (LTHM) vs. iShares MSCI Canada ETF (EWC)

Idaho Champion Gold Mines Canada Inc Business Overview & Revenue Model

Company DescriptionIdaho Champion Gold Mines Canada Inc (LTHM) is a mining exploration company focused on the acquisition, exploration, and development of mineral properties. The company primarily operates within the precious metals sector, with a particular emphasis on gold and silver assets. Idaho Champion Gold Mines holds significant land positions in Idaho, a region known for its rich mineral resources, and aims to discover and develop economically viable mineral deposits.
How the Company Makes MoneyIdaho Champion Gold Mines Canada Inc generates revenue primarily through the exploration and development of mineral properties. The company focuses on discovering valuable mineral deposits, conducting feasibility studies, and progressing projects towards production. Key revenue streams can include the sale of mineral rights, partnerships or joint ventures with larger mining companies, and, eventually, the extraction and sale of gold and silver once projects reach production stage. Additionally, the company may engage in strategic financing activities, such as equity offerings, to fund its exploration and development efforts. The company's earnings are significantly influenced by factors like mineral prices, exploration success, and the ability to secure necessary permits and financing.

Idaho Champion Gold Mines Canada Inc Financial Statement Overview

Summary
The company is struggling with profitability and cash flow generation, with no revenue and continuous net losses. The elimination of debt is positive, but the company needs to establish revenue streams and improve cash flow management to achieve financial stability.
Income Statement
10
Very Negative
The income statement reflects ongoing losses with no reported revenue over the years. The company faces significant net losses, with a net income of -7.41 million CAD for 2023. The absence of revenue and consistent negative profit margins indicate a lack of profitability and growth.
Balance Sheet
20
Very Negative
The balance sheet shows zero total debt in the latest report, which is a positive sign. However, the equity remains low relative to assets, and there is a small stockholders' equity increase in 2023. Despite a positive equity ratio, the company faces challenges due to its small asset base and consistent negative net income.
Cash Flow
15
Very Negative
The cash flow statement reveals negative operating cash flow and free cash flow, indicating that the company is consuming cash rather than generating it. Although there is a notable increase in financing cash flow in 2023, it primarily covers operational losses rather than supporting growth.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue0.000.000.000.000.00
Gross Profit-982.41K-2.36M-659.44K-5.72K-11.43K
EBITDA-5.79M-7.72M0.00-4.69M-6.18M
Net Income-5.79M-7.41M-2.68M-4.73M-5.89M
Balance Sheet
Total Assets1.03M3.09M1.27M121.13K3.18M
Cash, Cash Equivalents and Short-Term Investments754.95K2.62M1.08M14.62K3.03M
Total Debt0.000.0050.00K40.00K58.66K
Total Liabilities2.60M493.70K421.10K662.89K970.42K
Stockholders Equity-1.57M2.60M846.70K-541.76K2.21M
Cash Flow
Free Cash Flow-3.15M-5.39M-2.26M-4.62M-5.05M
Operating Cash Flow-3.15M-5.39M-2.26M-4.62M-5.05M
Investing Cash Flow0.000.000.000.000.00
Financing Cash Flow744.00K6.93M3.33M1.60M8.06M

Idaho Champion Gold Mines Canada Inc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.00
Price Trends
50DMA
<0.01
Negative
100DMA
0.01
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
2.23
Positive
STOCH
-100.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LTHM, the sentiment is Negative. The current price of 0 is below the 20-day moving average (MA) of <0.01, below the 50-day MA of <0.01, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 2.23 is Positive, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LTHM.

Idaho Champion Gold Mines Canada Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSKNT
77
Outperform
C$3.55B14.2539.28%105.06%481.75%
TSFNC
54
Neutral
C$26.66M4.8910.15%
TSMAE
48
Neutral
C$131.62M-15.70%-118.75%
44
Neutral
C$964.86M-6.72-13.73%2.52%17.53%-32.55%
27
Underperform
C$1.39M-1126.39%14.62%
TSVGD
27
Underperform
C$2.79M-1265.07%9.68%
TSGGM
27
Underperform
C$4.13M15.80%11.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:LTHM
Idaho Champion Gold Mines Canada Inc
TSE:FNC
Fancamp Exploration
0.10
0.04
66.67%
TSE:GGM
Granada Gold Mine Inc
0.02
0.00
0.00%
TSE:MAE
Maritime Resources
1.15
0.67
139.58%
TSE:KNT
K92 Mining
15.02
6.44
75.06%
TSE:VGD
Visible Gold Mines
0.08
>-0.01
-11.11%

Idaho Champion Gold Mines Canada Inc Corporate Events

Champion Electric Expands Lithium Corridor in Quebec
Oct 29, 2024

Champion Electric Metals Inc. has extended its lithium mineralized corridor to over 10 kilometers at its Quebec Lithium Project in the James Bay Territory, indicating a promising potential for significant lithium resources. The company’s 2024 exploration program revealed spodumene grain counts that support the presence of a larger spodumene system, enhancing the project’s prospects and future exploration activities.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 14, 2025