ATLANTIC LITHIUM LIMITED. (A11)
Share Price Analysis and Chart

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A11 - ATLANTIC LITHIUM LIMITED.

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.05
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.34

30 Dec
2024

0.060

OPEN

$0.32

21.43%

HIGH

$0.34

541,077

LOW

$0.32

TARGET
$0.30 -11.8% downside
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FNARENA'S MARKET CONSENSUS FORECASTS
A11: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 2.0 - 2.9 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-2.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx5.5
Net Operating Cash Flow xxxxxxxxxxxxxxx-9.1 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-38.51 %
Return on Invested Capital xxxxxxxxxxxxxxx-38.16 %
Return on Assets xxxxxxxxxxxxxxx-32.44 %
Return on Equity xxxxxxxxxxxxxxx-38.51 %
Return on Total Capital xxxxxxxxxxxxxxx-38.74 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-9.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx1 M
Total Debt xxxxxxxxxxxxxxx1 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx13 M
Price To Book Value xxxxxxxxxxxxxxx7.15

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx25.1 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

09/12/2024

1

Upgrade to Outperform from Neutral

$0.30

-11.76%

Macquarie upgrades Atlantic Lithium to Outperform from Neutral on valuation grounds. Target price unchanged at 30c.

Macquarie remains cautious on the short-term outlook for lithium and reduces the price forecast by -6% for 2025 for spodumene, which is -5% below consensus. Price forecasts are also lowered for 2026-2028 by -4%, -2%, and -3%, respectively.

Longer term, the broker retains a price of US$1300/t.

Macquarie highlights increased spodumene production and shipments in 2025. Updated lithium price forecasts result in a decline in EPS estimates by -9% to -10% for FY25-FY28.

FORECAST
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -2.90 cents.
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -3.30 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

06/11/2024

1

Overweight

$0.85

150.00%

Wilsons incorporates the impact of Atlantic Lithium’s $10m capital raise and takes the opportunity to revise some project assumptions.

Atlantic remains the broker's preferred junior lithium developer; underpinned by robust project economics, additional geological
upside potential and established funding arrangements.

Wilsons anticipates Ghanaian Parliamentary ratification of the Ewoyaa mining lease to trigger for a number of positive catalysts in the March Q, but has prudently chosen to make some conservative changes to  project modelling.

Target falls to 85c from $1.05, Overweight retained.

FORECAST
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -3.00 cents.
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -1.00 cents.
Access Extra Coverage Research History >

A11 STOCK CHART

FNArena News on A11

1
Weekly Ratings, Targets, Forecast Changes – 13-12-24

Dec 16 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Nov 06, 2024

Nov 06 2024 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 18-10-24

Oct 21 2024 - Weekly Reports
4
Weekly Ratings, Targets, Forecast Changes – 16-08-24

Aug 19 2024 - Weekly Reports
5
Weekly Ratings, Targets, Forecast Changes – 28-06-24

Jul 01 2024 - Weekly Reports

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2
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3
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4
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5
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