TSX-V

NOA Lithium Brines Inc.

NOAL.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.23
Today's Change
+0.00%
Market Cap
$63.66M
Volume
105.50K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

NOA Lithium Brines Inc. focuses on exploring and evaluating lithium mining assets in Argentina, particularly its flagship Rio Grande project. The company has a strong liquidity position with a current ratio of 9.50 and zero debt, indicating financial stability. However, it faces concerns with negative returns on equity and assets, both at -19.7% and -19.3%, suggesting operational inefficiencies. The stock's low price of $0.23 may reflect market skepticism about its growth potential despite its solid financial health.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.35
52 Week Low$0.17
Avg Volume85.61K
Beta-1.11
Shares Outstanding282.92M

🔥 Valuation

Market Cap$63.66M
Enterprise Value$53.54M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $1.5M in cash but burned $2.6M last quarter. At this burn rate, only 0.6 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-20.7M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $10.2M over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 9.5x ensures operational stability.

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