Explore 3 Stock Ideas & Industry Insights Download Free Report

Company price
0.325 AUD 0.01 ( 1.56%)
Last update at 2026-11-06T05:10:00Z
VOLUME
146648
Market Cap
264.50M

Momentum Score

…

Atlantic Lithium Limited engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. The company primarily explores for lithium deposits. The company flagship project is the Ewoyaa lithium project covering an area of 509 square kilometers located in Côte d'Ivoire. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.

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
0.33
Low
0.33
High
52 Week Price Range
0.14
Low
0.42
High

Momentum Score

…
Loading momentum score…

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

Atlantic Lithium Ltd is an Australian-listed mineral developer advancing the Ewoyaa hard-rock lithium project in Ghana to produce spodumene concentrate. Long-term growth drivers include rising global electric vehicle battery demand and potential resource expansion combined with project development milestones. The company's concentrated asset base and progress toward development may appeal to investors seeking exposure to new lithium supply outside traditional jurisdictions.
Key risks are project execution and financing risk, sensitive lithium price cycles, single-asset concentration and Ghana-specific permitting, infrastructure and political considerations.

Risk Score
Medium

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
0.32
Dividend Yield
-
Revenue TTM
0.34M
Revenue Per Share
-
Gross Profit TTM
0.34M
Debt / Equity
0.02
ROE
-15.39%
Net Debt
-9.74M
ROCE
-13.63%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax -6.92M -6.50M -12.40M -12.28M -34.71M
Net income -7.02M -6.59M -12.48M -12.99M -34.65M
Selling general administrative 2.35M 1.92M 4.00M 2.09M 4.15M
Selling and marketing expenses 0.18M 0.56M 0.82M 0.83M 0.56M
Gross profit -0.05M -0.11M 0.72M -0.03M -0.02M
Reconciled depreciation 0.05M 0.12M 0.06M - -
Ebit -6.90M -6.27M -12.24M -12.21M -18.46M
Ebitda -6.86M -6.15M -12.17M -12.18M -18.46M
Depreciation and amortization 0.05M 0.12M 0.06M 0.03M 0.02M
Operating income -6.93M -6.52M -11.39M -12.21M -18.46M
Other operating expenses 6.94M 6.53M 12.10M 12.21M 17.53M
Interest expense 0.01M 0.23M 0.00M 0.00M 0.00M
Tax provision 0.11M 0.09M 0.25M - -
Net interest income -0.01M -0.23M -0.00M - -
Income tax expense 0.11M 0.09M 0.25M 0.71M -0.06M
Total revenue 0.00M 0.01M 0.72M - -
Total operating expenses 6.89M 6.41M 12.10M 12.18M 17.51M
Cost of revenue 0.05M 0.12M 0.06M 0.03M 0.02M
Total other income expense net 0.02M 0.02M -1.01M -0.07M -16.26M
Net income from continuing ops -7.02M -6.59M -12.65M - -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 55.63M 44.48M 41.19M 36.69M 39.13M
Other current assets 0.55M 0.53M 0.59M 0.49M 0.45M
Total liab 5.03M 3.78M 5.74M 6.54M 4.35M
Total stockholder equity 50.60M 40.70M 35.45M 30.15M 34.78M
Other current liab 4.28M - 3.12M 4.36M 1.94M
Common stock 173.59M - 144.00M 129.60M 126.47M
Capital stock 173.59M 153.80M 144.00M - -
Retained earnings -120.53M -113.51M -106.91M -122.93M -82.08M
Cash 9.74M 5.39M 12.68M 15.31M 23.88M
Total current liabilities 4.98M 3.75M 4.42M 6.48M 4.31M
Net debt -9.74M - -12.07M -15.31M -23.88M
Short long term debt total - - 0.61M - -
Other stockholder equity -2.46M - -1.63M - -9.61M
Total current assets 13.12M 6.19M 15.79M 17.40M 26.64M
Net receivables 2.83M - - 1.60M -
Inventory - - - 0.00M -
Accounts payable 0.70M 1.13M 1.30M 2.12M 2.37M
Accumulated other comprehensive income -2.46M - - 23.49M -
Non currrent assets other -0.00M - 0.35M 18.00M 1.23M
Non current assets total 42.51M 38.30M 25.40M 19.29M 12.49M
Capital lease obligations 0.00M 0.18M 0.61M - -
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments 0.15M -12.57M -8.39M - -
Total cashflows from investing activities -7.89M -12.57M -8.39M - -
Net borrowings 0.00M - - - -
Total cash from financing activities 18.09M 10.02M 15.05M 3.07M 23.49M
Net income -7.02M -6.59M -12.48M -12.99M -33.34M
Change in cash 4.35M -7.29M -2.67M -8.54M 4.75M
Begin period cash flow 5.39M 12.68M 15.35M 23.85M 19.14M
End period cash flow 9.74M 5.39M 12.68M 15.31M 23.88M
Total cash from operating activities -5.58M -4.92M -9.14M -7.42M -5.18M
Issuance of capital stock 18.28M 10.27M 15.60M - -
Depreciation 0.05M 0.12M 0.06M 0.03M 0.02M
Other cashflows from investing activities 3.50M 6.96M 16.90M - -
Change to inventory - - - - -0.00M
Change to account receivables 0.16M 0.32M -0.39M -0.31M -0.02M
Other cashflows from financing activities -0.19M -0.25M -0.55M 0.00M -0.10M
Capital expenditures 11.54M 19.53M 25.14M 21.42M 5.42M
Change in working capital 0.32M 0.73M -0.92M 1.73M 0.09M
Stock based compensation 0.82M 1.17M 4.52M 3.54M 12.02M
Other non cash items 0.26M -0.34M 4.20M 2.73M 27.73M
Free cash flow -17.12M -24.45M -34.16M -28.85M -10.60M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
A11
Atlantic Lithium Ltd
0.01
1.56%
0.33 - - 789.19 5.07 191693.84 -16.80
BHP
BHP Group Ltd
-1.38
2.34%
57.62 20.70 15.82 5.10 4.00 3.51 6.71
RIO
Rio Tinto Ltd
-3.11
2.03%
149.93 14.04 12.02 4.03 2.49 2.85 6.74
GLC
Glencore Plc
-0.52
5.20%
9.48 15.15 11.30 0.38 1.95 0.40 7.60
FMG
Fortescue Ltd
-0.31
2.00%
15.18 11.31 13.61 2.81 1.51 1.87 4.32

Profile*

Atlantic Lithium Ltd

Atlantic Lithium Limited engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. The company primarily explores for lithium deposits. The company flagship project is the Ewoyaa lithium project covering an area of 509 square kilometers located in Côte d'Ivoire. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.

Angel Place, Sydney, NSW, Australia, 2000

61 2 8072 0640

Name Title Year Born
Mr. Neil Lindsey Herbert FCCA Exec. Chairman 1966
Mr. Lennard Alexande Kolff van Oosterwijk B.Sc. Interim CEO, Chief Geologist & Director 1975
Ms. Amanda Susan Harsas CFO, Fin. Director & Company Sec. 1970
Mr. Keith Muller B.E. Chief Operating Officer NA
Mr. Mark Schild Group Financial Controller NA
Mr. Neil Lindsey Herbert FCCA Executive Chairman 1966
Mr. Keith Muller B.E. CEO & Executive Director NA
Ms. Amanda Susan Harsas CFO, Finance Director, Company Secretary & Executive Director 1970
Mr. Lennard Alexande Kolff van Oosterwijk B.Sc. Head of Business Development & Chief Geologist 1975
Mr. Ahmed-Salim Adam General Manager of Operations NA

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.

Support

Hi! How can we help you today?

Loading…