LAKE RESOURCES N.L. (LKE)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

LKE - LAKE RESOURCES N.L.

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.03
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.057

17 Apr
2024

-0.001

OPEN

$0.06

-1.72%

HIGH

$0.06

8,190,397

LOW

$0.06

TARGET
$0.12 110.5% upside
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . ASN . AVZ . AZS . BKT . BSX . CXO . DLI . EMN . GL1 . GLN . GT1 . INR . JRV . LEL . LLL . LPD . LTM . LTM . LTR . MNS . NMT . NVX . PLL . PLS . PSC . RNU . SRL . SYA . SYR . TLG . VUL . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
LKE: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A - 2.1 xxx
DPS (cps) xxx N/A 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 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-3.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx-
Book Value Per Share xxxxxxxxxxxxxxx12.0
Net Operating Cash Flow xxxxxxxxxxxxxxx-27.7 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-23.46 %
Return on Invested Capital xxxxxxxxxxxxxxx-23.37 %
Return on Assets xxxxxxxxxxxxxxx-21.93 %
Return on Equity xxxxxxxxxxxxxxx-23.46 %
Return on Total Capital xxxxxxxxxxxxxxx-27.71 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-94.3 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx1 M
Total Debt xxxxxxxxxxxxxxx2 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx89 M
Price To Book Value xxxxxxxxxxxxxxx2.49

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx67.8 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx55 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

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

Bell Potter

22/01/2024

1

Speculative Buy

$0.12

110.53%

Bell Potter lowers its near-term lithium price outlook due to recent additions to mine supply, and the severe impact of supply chain de-stocking on spot prices.

The broker now sees FY24 spodumene concentrate (SC6) prices averaging US$1,100/t, down from US$2,500/t, and forecasts lithium hydroxide prices will average US$18,125/t (previously US$32,500/t).

In the longer-term, Bell Potter sees risks of market deficits and the need for significant investment in new supply.

For Lake Resources, the broker's lower long-term lithium carbonate price forecast of US$16,250/t, down from US$30,000/t, has materially reduced the target to 12c from 25c. The Speculative Buy rating is unchanged.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -2.10 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.50 cents.

LKE STOCK CHART