CORE LITHIUM LIMITED (CXO)
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CXO

CXO - CORE LITHIUM LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.07
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.092

23 May
2025

0.005

OPEN

$0.09

5.75%

HIGH

$0.10

17,228,109

LOW

$0.09

TARGET
$0.10 8.7% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
CXO: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx - 9.9 - 1.2 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: 0.00%

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 © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-9.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx189.5 M
Book Value Per Share xxxxxxxxxxxxxxx12.0
Net Operating Cash Flow xxxxxxxxxxxxxxx-77.9 M
Net Profit Margin xxxxxxxxxxxxxxx-109.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-67.67 %
Return on Invested Capital xxxxxxxxxxxxxxx-65.27 %
Return on Assets xxxxxxxxxxxxxxx-50.06 %
Return on Equity xxxxxxxxxxxxxxx-67.67 %
Return on Total Capital xxxxxxxxxxxxxxx-26.60 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-138.6 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 xxxxxxxxxxxxxxx3 M
Total Debt xxxxxxxxxxxxxxx4 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx88 M
Price To Book Value xxxxxxxxxxxxxxx0.77

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx87.2 M
Capex % of Sales xxxxxxxxxxxxxxx46.03 %
Cost of Goods Sold xxxxxxxxxxxxxxx224 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx50 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

0.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

09/12/2024

3

Upgrade to Neutral from Underperform

$0.09

-2.17%

Core Lithium is upgraded to Neutral from Underperform. No change to 9c target price.

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 estimate of US$1300/t.

FORECAST
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -1.20 cents.
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -1.10 cents.

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

5

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

Petra Capital

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Jarden

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Goldman Sachs

13/04/2025

3

Neutral

$0.08

-13.04%

Goldman Sachs has updated estimates for lithium mining stocks after mark-to-market of March quarter actuals and forex, and other company-specific changes.

According to the broker's estimates, lithium stocks are pricing an average of US$1,060/t spodumene, below its long-term price forecast of US$1,185/t but well above spot. The broker expects lithium market weakness to continue this year, and M&A activity to remain a theme.

Neutral retained for Core Lithium. Target price 8c.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -1.00 cents.
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.00 cents.

Canaccord Genuity

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Wilsons

xx/xx/xxxx

3

xxxxxxx xx xxxxxx xxxxxx xxxx xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

CXO STOCK CHART