Sector: Basic Materials | Industry: Specialty Mining & Metals |
Company Contact | |
Address: | 1625 - 1075 West Georgia Street VANCOUVER BC V6E 3C9 |
Tel: | N/A |
Website: | https://www.standardlithium.com |
IR: | See website |
Key People | ||
Andrew Robinson President, Chief Operating Officer, Director | Robert Mintak Chief Executive Officer, Director | Salah Gamoudi Chief Financial Officer |
Kara Norman Chief Accounting Officer | Stephen Ross Vice President, Resource Development | Jason Tielker Vice President, Project Delivery | Michael Barman Chief Development Officer |
Business Overview |
Standard Lithium Ltd. is a Canada-based near-commercial lithium development company. The Company is focused on the sustainable development of a portfolio of lithium-brine bearing properties in the United States. The Company's projects, the Phase 1A Project and the South West Arkansas Project, are located on the Smackover Formation in southern Arkansas, a region with a longstanding and established brine processing industry. The Company has also identified a number of highly prospective lithium brine project areas in the Smackover Formation in East Texas and began a brine leasing program in the key project areas. The Phase 1A Project is a brownfield project being developed in cooperation with LANXESS Corp. The South West Arkansas Project is a greenfield project located approximately 15 miles to the west of the LANXESS facilities. In addition, the Company also has an interest in certain mineral leases located in the Mojave Desert in San Bernardino County, California. |
Financial Overview |
For the nine months ended 31 March 2024, Standard Lithium Ltd revenues was not reported. Net loss increased 95% to C$30.3M. Higher net loss reflects Stock-based Compensation in SGA increase from C$1.1M to C$10M (expense), Foreign exchange (gain)/loss decrease of 86% to C$727K (income), Salaries and benefits increase from C$152K to C$1.7M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.09 to -C$0.17. |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $373.23M as of Mar 31, 2024 |
Annual revenue (TTM): | $0.00M as of Mar 31, 2024 |
EBITDA (TTM): | -$56.85M as of Mar 31, 2024 |
Net annual income (TTM): | -$56.74M as of Mar 31, 2024 |
Free cash flow (TTM): | -$92.61M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 182,172,756 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |