GLOBAL LITHIUM RESOURCES LIMITED (GL1)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

GL1 - GLOBAL LITHIUM RESOURCES LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.2
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.255

25 Jul
2024

-0.010

OPEN

$0.27

-3.77%

HIGH

$0.27

445,938

LOW

$0.25

TARGET
$1.267 396.7% upside
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . ASN . AZL . BKT . BSX . CXO . DLI . EMN . GLN . GT1 . INR . JRV . LEL . LKE . LLL . LPD . LTM . LTM . LTR . MNS . NMT . NVX . PLL . PLS . PSC . RNU . SRL . SYA . SYR . TLG . VUL . WC8 . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
GL1: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 1.9 - 3.1 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 © 2024 FactSet UK Limited. All rights reserved
Title 2020202120222023
EPS Basic xxxxxxxxx-1.9
DPS All xxxxxxxxx0.0
Sales/Revenue xxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxx66.2
Net Operating Cash Flow xxxxxxxxx-19.2 M
Net Profit Margin xxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 2020202120222023
Return on Capital Employed xxxxxxxxx-3.82 %
Return on Invested Capital xxxxxxxxx-3.81 %
Return on Assets xxxxxxxxx-3.68 %
Return on Equity xxxxxxxxx-3.82 %
Return on Total Capital xxxxxxxxx-4.55 %
Free Cash Flow ex dividends xxxxxxxxx-19.2 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 2020202120222023
Short-Term Debt xxxxxxxxx0 M
Long Term Debt xxxxxxxxx1 M
Total Debt xxxxxxxxx1 M
Goodwill - Gross xxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxx62 M
Price To Book Value xxxxxxxxx2.36

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 2020202120222023
Capex xxxxxxxxx64.3 M
Capex % of Sales xxxxxxxxx-
Cost of Goods Sold xxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxx5 M
Research & Development xxxxxxxxx-
Investments - Total xxxxxxxxx4 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

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

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

Ord Minnett

27/06/2024

1

Buy

$1.30

409.80%

It looks like the research whitelabeling agreement between Ord Minnett and Morningstar is being amended.

Today's update on the mining sector shows Global Lithium Resources is now rated Buy, with a price target of $1.30.

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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

Canaccord Genuity

14/03/2024

1

Speculative Buy

$1.40

449.02%

Canaccord Genuity sees opportunities for investors with some currently attractive valuations for lithium companies under research coverage. Incumbent producers and low-capex, near-term-development plays are preferred.

The broker now expects minor surpluses for lithium markets over 2024-25 and sees potential for surpluses to swing to deficits, providing pricing upside risk.

While Canaccord's long-term price forecasts remain at US$22,500/t for chemicals and US$1,500/t for concentrate, prices should rally in the 1H of 2024 to around US$16,000/t and US$1,200/t, respectively. 

As these 1H price forecasts are lower than the broker's original forecasts, price targets for developers/explorers and producers under research coverage fall on average by -16% and -11%, respectively.

The target for Global Lithium Resources falls to $1.40 from $2.80 and the Speculative Buy rating is unchanged.
Access Stockbroker Research History >

GL1 STOCK CHART

FNArena News on GL1

1
Rudi’s View: Rate Cuts, Growth & Small Caps

Jul 18 2024 - Rudi's View
2
Rudi’s View: Gold, Healthcare, Staples & Copper

Jul 11 2024 - Rudi's View
3
Rudi’s View: Met Coal, Banks, GenAi & Buying-The-Dip

Jul 04 2024 - Rudi's View
4
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
5
Rudi’s View: A Market Narrative Delayed

Apr 24 2024 - Rudi's View

Latest New Battery Elements News

1
Patriot Battery Minerals: The Long Game

Jul 22 2024 - Commodities
2
Awaiting The Next Lithium Upswing

Jul 17 2024 - Feature Stories
3
Australian Broker Call *Extra* Edition – Jul 01, 2024

Jul 01 2024 - Daily Market Reports
4
Treasure Chest: A Bottom For Lithium?

Feb 05 2024 - Treasure Chest
5
Tough Times For IGO

Feb 01 2024 - Australia
6
ESG Focus: The Little Big Things – 31-10-2023

Nov 01 2023 - ESG Focus
7
Lithium: Short Term Pain, Long Term Gain?

Oct 13 2023 - Feature Stories
8
ESG Focus: Grid Battery Innovation Barrelling Down

Sep 07 2023 - ESG Focus
9
Allkem: On The Move

Sep 05 2023 - Technicals
10
The Short Report – 24 Aug 2023

Aug 24 2023 - Weekly Reports