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Price
Target price
€0.51

€0.51

-5.900%
-0.032
-5.900%
-
 
13:45 / Tradegate WKN: A2JAHX / Name: Lithium Chile / Stock / Holding Companies / Small Cap /
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Lithium Chile Inc. Stock

Lithium Chile Inc. took a tumble today and lost -€0.032 (-5.900%).

Lithium Chile is a Canadian-based exploration and development company focused on lithium assets in Chile, which is the world's largest lithium-producing country. The company holds an extensive portfolio of lithium brine projects, which are located in some of the most promising lithium-rich regions of Chile. Lithium Chile is committed to exploring and developing these assets to create long-term value for its shareholders. The company's management team has extensive experience in the mining and exploration industries, which it leverages to identify attractive investment opportunities and manage risk. Lithium Chile is listed on the Toronto Stock Exchange and has a market capitalization of approximately $48 million as of September 2021.

Pros and Cons of Lithium Chile Inc. in the next few years

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Performance of Lithium Chile Inc. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Lithium Chile Inc. -5.900% 4.231% 14.346% -6.066% 38.974% 69.375% -
Dominion Lending Centres Inc. - 14.124% 2.538% 4.124% 7.447% -23.485% 172.973%
First Mining Gold Corp 3.230% 1.003% 16.812% -35.000% -9.234% -66.556% -53.678%
Candelaria Mining Corp - 0.000% 0.000% -97.727% 0.000% -99.815% -99.776%

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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-05-04

Lithium Chile, a holding company operating in the lithium mining sector, has seen mixed financial performance over the past few years. While the company has managed to increase its total assets substantially and maintain a low level of liabilities, revenues and net income have struggled. In the following sections, a detailed analysis of the company's financial statements will explore both the strengths and weaknesses that have led to this situation.

Increasing total assets: From 2019 to 2021, Lithium Chile's total assets have increased consistently, reaching CAD 16,160,150 by the end of 2021. This trend continued into the third quarter of 2022, where the company reported CAD 51,694,645 in total assets, which represents a considerable growth in just nine months.

Healthy working capital: The company's net working capital has also seen an upward trend over the years. As of 2021, the net working capital was CAD 7,446,113. This trend continued in Q3 2022, reaching CAD 41,190,804, indicating that the company has enough liquidity to cover its short-term obligations efficiently.