Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Advantage Lithium. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Advantage Lithium's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Advantage Lithium has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Advantage Lithium's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Advantage Lithium's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Advantage Lithium's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Advantage Lithium is high growth as no earnings estimate data is available.
Unable to determine if Advantage Lithium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Advantage Lithium's filings and announcements here.
Advantage Lithium's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Advantage Lithium's finances.
The net worth of a company is the difference between its assets and liabilities.
Advantage Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Advantage Lithium has no long term commitments.
This treemap shows a more detailed breakdown of
Advantage Lithium's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Advantage Lithium has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Callum Grant, P. Eng. is Interim Chief Executive Officer at Advantage Lithium Corp. since March 2019. Mr. Grant is an Independent Consulting Engineer focused on gold projects in Argentina, Brazil and Colombia. Mr. Grant is a professional geologist and mining engineer with a broad technical background in the minerals industry from exploration to production and with significant experience in resource development and mine operations in Latin America. He served as the Vice President of Project Development of Cannon Point Resources Ltd (Yamiri Gold and Energy, Inc.) since August 1, 2005. He has held senior positions with several international operating and engineering companies in North and South America and has a particularly relevant background in the design and development of open and underground projects. Mr. Grant has been a Director at Advantage Lithium Corp. since October 26, 2016. He is a Registered Professional Engineer (P.Eng.) in Ontario & British Columbia, Canada, has served as Qualified Person for mineral resource and mining sign-offs and delivery of scoping through feasibility studies. He is fluent in Spanish and English. Mr. Grant graduated with B.Sc. Honours Geology from the University of Aberdeen, Scotland in 1971 followed by an M.Eng. (Mining) degree from McGill University in 1977.
Callum's compensation has been consistent with company performance over the past year, both up more than 20%.
Callum's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Advantage Lithium management team is about average.
Interim CEO & Director
CFO & Director
VP of Exploration & Director
Vice President of Project Development
Director & Company Secretary
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Advantage Lithium board of directors is about average.
Board of Directors
Interim CEO & Director
CFO & Director
VP of Exploration & Director
Independent Non-Executive Director
Member of Advisory Board
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Advantage Lithium Corp. engages in the acquisition, exploration, and development of lithium properties. Its flagship asset is the Cauchari project located in the Puna region of the province of Jujuy, Argentina. The company was formerly known as North South Petroleum Corp. and changed its name to Advantage Lithium Corp. in July 2016. Advantage Lithium Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.