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Lithium Chile Inc. (V:LITH)

Business Focus: Gold Mining

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