Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | #700, 903 - 8th Ave. SW CALGARY AB T2P 0P7 |
Tel: | N/A |
Website: | https://www.lithiumchile.ca |
IR: | See website |
Key People | ||
Al J. Kroontje Chairman of the Board | Steven William Cochrane President, Chief Executive Officer, Director | Jana L. Lillies Chief Financial Officer |
Terence Walker Vice President - Exploration, Director | Jose De Castro Alem Director, Manger of Lithium Operations |
Business Overview |
Lithium Chile Inc. (Lithium Chile) is a Canada-based exploration and lithium resource company, which is engaged in the acquisition and development of mining properties in Chile and Argentina. The Company has portfolios in the junior mining sector with properties on approximately 13 lithium-rich salars, comprising of 111,978 hectares in Chile and 20,800 hectares in Argentina. The Company also owns four properties, totaling 21,329 hectares, that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile's Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt. Its projects include Salar de Atacama, Salar de Laguna Blanca, Salar de Coipasa, and other properties. |
Financial Overview |
For the nine months ended 30 September 2023, Lithium Chile Inc revenues increased 74% to C$920K. Net income applicable to common stockholders totaled C$2.3M vs. loss of C$6.7M. Revenues reflect Canada segment increase of 97% to C$920K. Net Income reflects General and administrative - Balancing v decrease of 66% to C$1.6M (expense), Unrealized loss on marketable securities decrease of 54% to C$715K (expense). |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $118.13M as of Sep 30, 2023 |
Annual revenue (TTM): | $2.61M as of Sep 30, 2023 |
EBITDA (TTM): | -$3.88M as of Sep 30, 2023 |
Net annual income (TTM): | $6.86M as of Sep 30, 2023 |
Free cash flow (TTM): | -$10.22M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 206,224,157 as of Jan 22, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |