Argentina Lithium & Energy Corp. (V:LIT)
Business Focus: Nonferrous Metal Mining
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
| Company Contact | |
| Address: | Suite 312 - 837 West Hastings Street VANCOUVER BC V6C 3N6 |
| Tel: | N/A |
| Website: | https://argentinalithium.com |
| IR: | See website |
| Key People | ||
| Nikolaos Cacos President, Chief Executive Officer, Director | Darren Urquhart Chief Financial Officer | Miles Rideout Vice President - Exploration |
| Business Overview |
| Argentina Lithium & Energy Corp. is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties in the Americas and Argentina. Its projects include Incahuasi Lithium Project, Antofalla North Lithium Project, Rincon West Project and Pocitos Project. The Incahuasi Project includes a 100% interest in over 25,000 hectares of the Incahuasi Salar and basin in Catamarca province. The Antofalla North controls approximately 10,050 hectares of mining concessions in the Salar de Antofalla, distributed between the adjacent provinces of Salta and Catamarca. The Company holds a 100% interest in 460.5 hectares and has an option to earn a 100% interest in a further 3,282 hectares of claims located at the Rincon Salar in Salta Province, Argentina. The Company also has an option to earn a 100% interest in approximately 15,857 hectares of claims in 11 contiguous mining concessions located on the west side of the Pocitos Salar. |
| Financial Overview |
| For the nine months ended 30 September 2023, Argentina Lithium & Energy Corp revenues was not reported. Net loss increased 63% to C$4.7M. Higher net loss reflects Exploration increase from C$1.5M to C$4.3M (expense), Legal and professional fees increase from C$137K to C$857K (expense), Interest income decrease of 65% to C$147K (income). Basic Earnings per Share excluding Extraordinary Items remained flat at -C$0.04. |
| Employees: | 2 as of Dec 31, 2005 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $26.99M as of Sep 30, 2023 |
| Annual revenue (TTM): | $0.00M as of Sep 30, 2023 |
| EBITDA (TTM): | -$12.43M as of Sep 30, 2023 |
| Net annual income (TTM): | -$10.30M as of Sep 30, 2023 |
| Free cash flow (TTM): | -$10.64M as of Sep 30, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 132,575,316 as of Mar 26, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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