Mining

Lithium Australia NL (ASX:LIT)

Industry Group : Materials | Industry Group Name : Metals & Mining

Market Price : AUD 0.130.005 (4%)

(as on 2022-01-17 13:06:53 AEDT)

Market Cap : AUD 133.715 M

Previous Close Open Close* Day Range 52 WEEK HIGH LOW
0.125 0.125 0.13 0.125L 0.135 H 0.063L 0.210 H
Last Trade 0.13
Change% 4.0000
52 W H/L 0.210/0.063
EBITDA -17.209 M
NPAT After Abnormal Items -19.856 M
Equity 23.6 M
ROE% -79.47%
Total Liabilities 8.953 M
Total Revenue 3.634 M
Cash and Cash Equivalents 11.37 M

Stock Information

Share price 0.13
Market Cap 133.715 M
Price/Gross Cash Flow -7.91
Dividend Yield Excluding Special 0.00%
Ending Shares 906.581 M
52-Week Range 0.210-0.063
P/E ratio 0.000
Sector P/E --
EPS -2.45
EV/EBITDA --
Net Profit Margin (%) -1,688.83%
Gross Cash Flows Per Share -0.01
Net Gearing -44.81%
Gross DPS (AUD) 0
Gross Dividend Yield (Annualized) 0.00%
Earnings Yield 0.000
Net Tangible Asset (NTA) 0.01
Sales Per Share 0.00
Book Value Per Share 0.03

Announcements

Heading Date/Time
LITCF holders pay unpaid capital raising $607k  16/11/2021 8:12AM
Response to ASX Query  11/11/2021 1:08PM
Application for quotation of securities - LIT  05/11/2021 11:21AM
Application for quotation of securities - LIT  05/11/2021 11:19AM
Section 708A notice and Appendix 3Y * 3  03/11/2021 5:47PM
Proposed issue of securities - LIT  03/11/2021 4:17PM
LITCF holders pay unpaid capital raising $280k  02/11/2021 8:25PM
Proposed issue of securities - LIT  02/11/2021 8:17PM
Notification regarding unquoted securities - LIT  02/11/2021 8:12PM
Quarterly activities report and quarterly cash flow report  29/10/2021 8:20PM
VSPC joins R&D of solid-state lithium metal battery  27/10/2021 9:46AM
LITCF holders pay unpaid capital raising $48k  22/10/2021 8:18PM
Envirostream to collect spent batteries from Bunnings stores  20/10/2021 11:02AM
Trading Halt  20/10/2021 9:57AM
Envirostream issued planning permit by Hume City Council  20/10/2021 9:36AM
VSPC's manufacturing capability now includes battery anodes  19/10/2021 8:24AM
CHR:SkyTEM Survey confirms prospect.nickel-copper-PGEtargets  14/10/2021 11:19AM
Results of Meeting  11/10/2021 2:18PM
VSPC appoints new lead scientist & Retirement of Director  06/10/2021 9:40AM
EPA issues Envirostream 99year licence for battery recycling  05/10/2021 10:12AM
Pause in Trading  05/10/2021 10:03AM
Appendix 4G & Corporate Governance Statement  30/09/2021 12:22PM
Annual Report to shareholders  30/09/2021 9:18AM
LITCF holders pay unpaid capital raising $558k and App 3Y  24/09/2021 6:34PM
Popularity of cobalt-free batteries continues to grow  17/09/2021 8:13AM
Application for quotation of securities - LIT  15/09/2021 8:18AM
Application for quotation of securities - LIT  15/09/2021 8:18AM
Notice under section 708(A)(5)(e) and Appendix 3Y  14/09/2021 2:21PM
Proposed issue of securities - LIT  14/09/2021 8:15AM

Similar Companies

Related Articles

Load More

About Company

Lithium Australia NL (ASX: LIT) is a Perth-based company committed to furnishing ethically and sustainably sourced materials to the global battery industry. The ASX-listed company aspires to ‘close the loop’ on the energy-metal cycle through its disruptive technologies. 

Its technology includes the SiLeach® and LieNA® lithium extraction processes, high-spec cathode material production process of VSPC Ltd (100% LIT owned) and enhanced recycling techniques for battery materials. The Company has also secured positions in lithium provinces in different parts of the world, including Australia, North America, and Europe. 

The various business units, including recycling, batteries, lithium chemicals, and raw materials, provide Lithium Australia with diversified exposure to the booming battery industry. Significantly, the world is expected to see increased demand for batteries and associated commodities amidst the global shift towards green energy and skyrocketing popularity of electric vehicles (EVs). 

Lithium Australia is advancing its business units, including Soluna Australia Pty Ltd and Envirostream, with the current focus on generating near-term revenue. 

Lithium Australia belongs to a unique niche as a diversified and vertically integrated lithium mining and battery technology company. Its broad range of solutions are designed for a seamless transition from extracting primary lithium raw materials to producing components for lithium-ion batteries, selling lithium-ion batteries (LIBs) by way of battery energy-storage systems, and recycling all battery types and e-waste. The Company’s ultimate recycling solutions deliver a safe and efficient approach to renewable energy storage. 

The Company considers that sustainability corresponds to viability, regarding both the manufacturing as well as disposal of LIBs. The discarded electronic/battery waste is expected to provide the most economically viable and eco-friendly source of energy metals such as lithium and cobalt.

Lithium Australia seeks to establish itself as a vertically integrated lithium processing business by unifying resources and the best available technology.

Corporate Information

company address Level 1, 677 Murray Street, WEST PERTH, WA, AUSTRALIA, 6005

company phone+61 8 6145 0288

company email[email protected]

company websitehttp://www.lithium-au.com

Dividends

Year-end Date Franking DPS (AUD) Dividend Yield
30/06/2021 -- 0.000 0.00%
30/06/2020 -- 0.000 0.00%
30/06/2019 -- 0.000 0.00%
30/06/2018 -- 0.000 0.00%
30/06/2017 -- 0.000 0.00%
30/06/2016 -- 0.000 0.00%
30/06/2015 -- 0.000 0.00%
30/06/2014 -- 0.000 0.00%
30/06/2013 -- 0.000 0.00%
30/06/2012 -- 0.000 0.00%

Event Calendar

Event Type Event Date Event Year
Report (Quarterly) 2022-10-28 2022
Report (Annual) 2022-09-29 2022
Report (Quarterly) 2022-07-29 2022
Report (Quarterly) 2022-04-29 2022
Report (Quarterly) 2022-01-27 2022

Financials

Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Trading Revenue 1.176 M 374,381 -- -- --
Other Revenue 2.458 M 4.353 M 2.029 M 2.047 M 1.753 M
Total Revenue 3.634 M 4.728 M 2.029 M 2.047 M 1.753 M
Interest Income 47,509 17,214 176,857 113,995 42,855
Interest Expenses -1.552 M -1.476 M -2.794 M -1.408 M 0
Expenses -20.891 M -9.418 M -8.985 M -8.165 M -6.349 M
EBITDA -17.257 M -4.69 M -6.957 M -6.118 M -4.596 M
Depreciation and Amortization -2.075 M -1.996 M -1.981 M -681,006 -39,094
Depreciation -232,049 -153,876 -133,307 -70,518 -34,894
Amortisation -1.843 M -1.843 M -1.847 M -610,488 -4,200
EBIT -19.332 M -6.686 M -8.938 M -6.799 M -4.635 M
Pre Tax Profit -20.836 M -8.145 M -11.555 M -8.093 M -4.592 M
Tax Expense 0 -46,864 0 0 0
Net Profit After Tax -20.836 M -8.192 M -11.555 M -8.093 M -4.592 M
Minority Interest 979,839 129,124 0 5,869 0
Preference Dividend 0 0 0 0 0
Net Abnormal Items 0 -470,834 -12,066 0 0
Reported Net Profit After Abnormal Items -19.856 M -8.533 M -11.567 M -8.087 M -4.592 M
Ending Shares 906.581 M 605.437 M 481.806 M 432.324 M 287.012 M
Weighted Average Shares 809.476 M 558.216 M 460.376 M 354.184 M 255.693 M
EPS After Abnormal Items (cents) -2.45 -1.53 -2.51 -2.28 -1.8
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Total Current Assets 13.419 M 5.598 M 4.067 M 18.792 M 3.625 M
Total Non Current Assets 19.133 M 22.326 M 24.942 M 21.141 M 12.402 M
Total Assets 32.552 M 27.924 M 29.009 M 39.933 M 16.027 M
Total Current Liabilities 8.555 M 3.03 M 1.595 M 5.095 M 898,030
Total Non Current Liabilities 397,724 310,257 0 0 0
Total Liabilities 8.953 M 3.341 M 1.595 M 5.095 M 898,030
Net Assets 23.6 M 24.583 M 27.413 M 34.838 M 15.128 M
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Net Operating Cash -4.842 M -4.351 M -5.96 M -3.297 M -4.186 M
Net Invested Cash -1.582 M -1.815 M -4.175 M 4.744 M -3.678 M
Net Financing Cash Flows 14.098 M 7.189 M -5.598 M 14.33 M 4.694 M
Beginning Cash 3.739 M 2.706 M 18.34 M 2.587 M 5.757 M
End Cash Position 11.37 M 3.739 M 2.706 M 18.34 M 2.587 M
Exchange Rate Adjustments -43,452 11,465 99,286 -23,832 0
Other Cash Adjustments 0 0 0 0 0
Ending Cash 11.37 M 3.739 M 2.706 M 18.34 M 2.587 M

© Morningstar, Inc. 2021. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the market indices, commodities and regulatory news headlines, and other data or content contained herein to be accurate, complete, or timely, and nor shall they have any liability for its use or distribution. The data contained herein: (1) is proprietary to Morningstar and/or its affiliates (collectively, “Morningstar”) and/or their content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Our publications, ratings and products should be viewed as an additional investment resource, and not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your financial situation, contact a professional financial adviser. Some material is copyrighted and published under licence from ASX Operations Pty. Ltd. ACN 004523782.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK