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Advance Lithium Corp., an exploration stage company, engages in the exploration and evaluation of mineral property interests in Canada, Kenya, and Mexico. It explores for lithium, precious metals, and fertilizer minerals. The company has 13 lithium, -potassiumboron, and boron salars in Central Mexico. It also holds a 100% interest in the Tabasquena silver mine and Venaditas polymetalic project in Zacatecas, Mexico; and a 9.78% interest in the Kakamega advanced gold project in Kenya. The company was formerly known as Advance Gold Corp. and changed its name to Advance Lithium Corp. in December 2021. Advance Lithium Corp. was incorporated in 2004 and is headquartered in Kamloops, Canada.
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| Breakdown | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
| Income before tax | -3.56M | -0.73M | -0.24M | -0.39M | -0.25M |
| Minority interest | 0.05M | -0.00M | -0.00M | 0.00M | 0.00M |
| Net income | -3.50M | -0.73M | -0.24M | -0.38M | -0.25M |
| Selling general administrative | 0.53M | 0.72M | 0.23M | 0.36M | 0.24M |
| Ebit | -3.51M | -0.70M | -0.21M | -0.35M | -0.23M |
| Ebitda | -3.54M | -0.71M | -0.23M | -0.36M | -0.24M |
| Operating income | -0.53M | -0.72M | -0.23M | -0.36M | -0.24M |
| Interest expense | 0.01M | 0.01M | 0.01M | 0.03M | 0.00M |
| Net interest income | -0.01M | -0.01M | -0.01M | -0.03M | -0.01M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 0.53M | 0.72M | 0.23M | 0.36M | 0.24M |
| Total other income expense net | -3.01M | 0.01M | 0.00M | 0.00M | 0.00M |
| Net income from continuing ops | -3.56M | -0.73M | -0.24M | -0.39M | -0.25M |
| Net income applicable to common shares | -3.50M | -0.73M | -0.24M | -0.38M | -0.25M |
| Breakdown | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
| Total assets | 0.87M | 3.23M | 1.96M | 1.52M | 0.66M |
| Total liab | 0.49M | 0.31M | 0.27M | 0.49M | 0.33M |
| Total stockholder equity | 0.44M | 2.92M | 1.68M | 1.03M | 0.33M |
| Other current liab | 0.01M | 0.03M | 0.02M | 0.17M | 0.17M |
| Common stock | 9.55M | 8.65M | 7.07M | 6.10M | 5.23M |
| Capital stock | 9.55M | 8.65M | 7.07M | 6.10M | - |
| Retained earnings | -10.79M | -7.29M | -6.56M | -6.32M | -5.94M |
| Other assets | - | 0.02M | - | 0.09M | - |
| Cash | 0.00M | 0.05M | 0.00M | 0.02M | 0.05M |
| Total current liabilities | 0.49M | 0.31M | 0.27M | 0.49M | 0.35M |
| Net debt | 0.09M | 0.06M | 0.11M | 0.09M | - |
| Short long term debt | 0.09M | 0.11M | 0.11M | 0.10M | 0.04M |
| Other stockholder equity | 1.68M | 1.56M | 1.18M | 1.24M | 1.05M |
| Property plant equipment | 0.80M | 3.16M | 1.95M | 1.41M | 0.63M |
| Total current assets | 0.08M | 0.07M | 0.01M | 0.02M | 0.06M |
| Net tangible assets | 0.44M | 2.92M | 1.68M | 1.03M | 0.34M |
| Net receivables | 0.03M | 0.00M | 0.00M | 0.00M | 0.00M |
| Accounts payable | 0.30M | 0.12M | 0.11M | 0.18M | 0.10M |
| Non current assets total | 0.80M | 3.16M | 1.95M | 1.41M | 0.60M |
| Breakdown | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 |
| Investments | -0.19M | -1.21M | -0.42M | -0.57M | -0.13M |
| Change to liabilities | 0.05M | 0.05M | -0.03M | 0.11M | 0.16M |
| Total cashflows from investing activities | -0.19M | -1.23M | -0.42M | -0.57M | -0.15M |
| Net borrowings | - | - | - | 0.10M | 0.10M |
| Total cash from financing activities | 0.60M | 1.58M | 0.74M | 0.76M | 0.19M |
| Change to operating activities | -0.05M | -0.02M | -0.00M | 0.00M | -0.00M |
| Net income | -3.50M | -0.73M | -0.24M | -0.38M | -0.25M |
| Change in cash | -0.04M | 0.05M | -0.01M | -0.03M | 0.03M |
| Begin period cash flow | 0.05M | 0.00M | 0.02M | 0.05M | 0.02M |
| End period cash flow | 0.00M | 0.05M | 0.00M | 0.02M | 0.05M |
| Total cash from operating activities | -0.45M | -0.30M | -0.34M | -0.23M | -0.00M |
| Issuance of capital stock | 0.64M | 1.59M | 0.76M | 0.68M | - |
| Depreciation | 3.04M | 0.03M | 0.02M | 0.01M | 0.01M |
| Other cashflows from investing activities | -0.19M | -1.17M | -0.42M | -0.57M | -0.15M |
| Change to account receivables | 0.00M | 0.00M | -0.03M | -0.03M | 0.00M |
| Other cashflows from financing activities | -0.04M | -0.02M | -0.02M | -0.02M | -0.00M |
| Change to netincome | 0.02M | 0.36M | -0.06M | 0.13M | 0.09M |
| Capital expenditures | 0.00M | 0.06M | 0.00M | 0.00M | 0.00M |
| Change in working capital | -0.00M | 0.02M | -0.06M | 0.02M | 0.14M |
| Stock based compensation | 0.10M | 0.38M | 0.00M | 0.13M | - |
| Other non cash items | 0.00M | 0.01M | 0.01M | 0.00M | 0.00M |
| Free cash flow | -0.45M | -0.38M | -0.34M | -0.23M | -0.02M |
Sector: Basic Materials Industry: Gold
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| OMG Omai Gold Mines Corp |
0.20 13.76% |
1.70 | - | - | - | 62.63 | -4.09 |
| ASE Asante Gold Corporation |
0.06 9.48% |
0.64 | - | 6.57 | 2.23 | 269.42 | 49.52 |
| THX Thor Explorations Ltd. |
0.06 6.98% |
0.92 | 3.41 | 2.77 | 2.87 | 1.88 | 2.44 |
| MKO Mako Mining Corp |
0.76 7.47% |
10.94 | 18.47 | 2.34 | 6.21 | 4.73 | 10.00 |
Advance Lithium Corp., an exploration stage company, engages in the exploration and evaluation of mineral property interests in Canada, Kenya, and Mexico. It explores for lithium, precious metals, and fertilizer minerals. The company has 13 lithium, -potassiumboron, and boron salars in Central Mexico. It also holds a 100% interest in the Tabasquena silver mine and Venaditas polymetalic project in Zacatecas, Mexico; and a 9.78% interest in the Kakamega advanced gold project in Kenya. The company was formerly known as Advance Gold Corp. and changed its name to Advance Lithium Corp. in December 2021. Advance Lithium Corp. was incorporated in 2004 and is headquartered in Kamloops, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Allan Barry Laboucan | Pres, CEO & Director | NA |
| Ms. Marie Cupello | Corp. Sec. & CFO | NA |
| Mr. Mwita Makenge | Chief Geologist of East Africa Operations | NA |
| Mr. Allan Barry Laboucan | President, CEO & Director | NA |
| Ms. Marie Cupello | Corporate Secretary & CFO | NA |
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