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Home CompaniesComet Lithium Corporation

Comet Lithium Corporation

Basic Materials Other Precious Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.26 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
10.10M

Momentum Score

…

Comet Lithium Corporation, a lithium-focused exploration company, engages in the acquiring, exploring, and developing mining properties in Canada. The company explores for lithium and gold deposits. Its flagship property is the 100% owned Liberty Property comprising 38 mining claims located in James Bay, Québec. The company was formerly known as X-Terra Resources Inc. and changed its name to Comet Lithium Corporation in June 2023. The company was incorporated in 2013 and is headquartered in Rouyn-Noranda, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.26
Low
0.26
High
52 Week Price Range
0.15
Low
0.49
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Comet Lithium Corporation (CLIC.V) is a junior company listed on the TSX Venture; public disclosures about its assets and operations are limited and it appears positioned as a lithium exploration issuer. Long-term growth drivers include rising lithium demand from electric vehicles and energy storage and value uplift from successful exploration or resource definition, which may appeal to investors seeking leveraged exposure to battery materials.
Material risks include early-stage exploration with no proven commercial resources, significant financing and dilution risk, and sensitivity to lithium price cycles plus permitting or geopolitical delays.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.26
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-16.10%
Net Debt
-
ROCE
-15.23%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -1.53M -3.97M -0.44M -0.76M -1.11M
Net income -1.00M -3.46M -0.34M -0.72M -1.06M
Selling general administrative 0.77M 1.39M 0.34M 0.52M 0.63M
Gross profit - - - 0.00M -0.00M
Reconciled depreciation - - - 0.00M 0.00M
Operating income -1.00M -1.66M -0.45M -0.76M -1.11M
Tax provision -0.53M -0.51M -0.10M -0.04M -0.05M
Interest income 0.07M 0.06M 0.01M 0.00M 0.01M
Net interest income 0.07M 0.06M 0.01M 0.00M 0.01M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 1.00M 1.66M 0.45M 0.76M 1.11M
Cost of revenue - - - 0.00M 0.00M
Total other income expense net -0.60M -2.37M - - -
Net income from continuing ops -1.00M -3.46M -0.34M -0.72M -1.06M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 7.10M 7.48M 5.69M 4.53M 4.01M
Total liab 0.52M 1.01M 1.00M 0.18M 0.17M
Total stockholder equity 6.58M 6.47M 4.70M 4.36M 3.84M
Other current liab 0.34M 0.53M 0.51M 0.10M 0.04M
Capital stock 14.92M 14.01M 10.03M 9.42M 8.57M
Retained earnings -42.06M -41.06M -37.60M -37.26M -36.54M
Cash 1.36M 1.73M 0.00M 0.04M 1.06M
Total current liabilities 0.52M 1.01M 1.00M 0.18M 0.17M
Total current assets 1.61M 3.00M 1.19M 0.80M 1.28M
Accounts payable 0.19M 0.48M 0.49M 0.08M 0.13M
Non current assets total 5.50M 4.48M 4.51M 3.74M 2.73M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments - -1.93M -0.35M -0.96M -1.47M
Total cash from financing activities 0.77M 3.99M 1.15M 1.16M 2.08M
Net income -1.00M -3.46M -0.34M -0.72M -1.06M
Change in cash -1.09M 1.37M 0.41M -0.39M -0.37M
Begin period cash flow 2.46M 1.09M 0.67M 1.06M 1.43M
End period cash flow 1.36M 2.46M 1.09M 0.67M 1.06M
Total cash from operating activities -0.84M -0.68M -0.39M -0.59M -0.98M
Issuance of capital stock 0.83M 4.08M 1.25M 1.27M 2.02M
Depreciation - - - 0.00M 0.00M
Change to account receivables - -0.03M 0.00M - -0.05M
Capital expenditures 1.33M 0.00M 0.43M 0.97M 1.54M
Change in working capital -0.27M 0.18M 0.06M 0.10M -0.14M
Stock based compensation 0.35M 0.74M 0.00M 0.06M 0.27M
Other non cash items 0.01M - - - -
Free cash flow -2.17M -0.68M -0.81M -1.56M -2.52M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

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)
CLIC
Comet Lithium Corporation		 -
-%		 0.26 - - - 1.50 -23.60
ARTG
Artemis Gold Inc		 4.38
12.49%		 39.51 26.36 15.55 9.89 8.93 15.40
MTA
Metalla Royalty & Streaming Ltd		 0.97
9.70%		 10.97 - 36.10 72.68 2.54 399.21
ITR
Integra Resources Corp		 0.24
8.72%		 3.06 - 5.51 3.41 3.44 15.52
GSKR
Goldsky Resources Corp.		 0.18
7.26%		 2.66 - - - 4.47 -25.01

Profile*

Comet Lithium Corporation

Comet Lithium Corporation, a lithium-focused exploration company, engages in the acquiring, exploring, and developing mining properties in Canada. The company explores for lithium and gold deposits. Its flagship property is the 100% owned Liberty Property comprising 38 mining claims located in James Bay, Québec. The company was formerly known as X-Terra Resources Inc. and changed its name to Comet Lithium Corporation in June 2023. The company was incorporated in 2013 and is headquartered in Rouyn-Noranda, Canada.

147 QuEbec Avenue (back door), Rouyn-Noranda, QC, Canada, J9X 6M8

819 762 4101

https://cometlithium.com

Name Title Year Born
Mr. Vincent Metcalfe B.B.A., BAA, Finance CEO, President & Executive Chairman 1985
Mr. Sylvain Champagne B.B.A. CFO, Secretary & Director 1967
Mr. Vincent Cardin-Tremblay P.Geo. Vice President of Exploration NA
Mr. Vincent Cardin-Tremblay P.Geo. Vice President of Exploration 1984
Mr. Vincent Metcalfe B.B.A., BAA, Finance CEO, President & Executive Chairman 1986

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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