Breakdown | ||||
Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 41.19K | Gross Profit |
-74.79K | -103.46K | -17.50K | 0.00 | 41.19K | EBIT |
0.00 | -1.48M | -3.27M | -1.36M | -242.58K | EBITDA |
-783.74K | -1.57M | -3.51M | -204.43K | 0.00 | Net Income Common Stockholders |
-886.11K | -1.70M | -3.52M | -624.28K | -282.84K |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
255.43K | 292.54K | 9.82M | 2.80M | 2.91K | Total Assets |
12.83M | 13.05M | 14.17M | 3.94M | 50.60K | Total Debt |
137.66K | 165.49K | 0.00 | 0.00 | 392.40K | Net Debt |
-117.77K | -127.04K | -9.82M | -2.80M | 389.49K | Total Liabilities |
400.14K | 691.55K | 934.58K | 250.26K | 1.06M | Stockholders Equity |
12.43M | 12.36M | 13.24M | 3.69M | -1.00M |
Cash Flow | Free Cash Flow | |||
-650.82K | -2.01M | -4.42M | -929.66K | -9.42K | Operating Cash Flow |
-650.82K | -1.72M | -1.96M | -590.91K | -9.42K | Investing Cash Flow |
-251.64K | -8.20M | -1.71M | -299.20K | 0.00 | Financing Cash Flow |
875.79K | 432.03K | 10.62M | 3.69M | 12.80K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
52 Neutral | $1.24B | ― | -40.19% | ― | 32.63% | -58.81% | |
49 Neutral | $18.45M | ― | -5.23% | ― | ― | -11500.00% | |
49 Neutral | $1.95B | -1.50 | -22.00% | 3.79% | 0.66% | -27.40% | |
42 Neutral | $824.45M | ― | -4.13% | ― | ― | ― | |
41 Neutral | C$93.68M | 60.56 | 2.13% | ― | ― | ― | |
33 Underperform | $2.34M | ― | -6.44% | ― | ― | 58.74% |
ACME Lithium Inc. has announced a significant corporate restructuring, including a name change to ‘Surface Metals Inc.’ and a consolidation of its common shares on a 1-for-3 basis. This strategic move is expected to streamline the company’s operations and potentially enhance its market positioning. Concurrently, ACME has acquired a 90% interest in the Cimarron Gold Project in Nevada, marking a strategic shift towards gold exploration. This project, located in a historically rich mining district, offers promising opportunities for establishing a compliant gold resource, potentially impacting the company’s future growth and stakeholder interests.
Spark’s Take on TSE:ACME Stock
According to Spark, TipRanks’ AI Analyst, TSE:ACME is a Underperform.
Acme Lithium’s overall stock score is primarily impacted by its severe financial difficulties, including no revenue generation and significant cash outflows. Technical analysis indicates bearish trends, and valuation metrics reflect ongoing profitability issues. While the recent acquisition of a gold project could offer future growth, it does not currently mitigate the financial challenges. The absence of earnings call data limits additional insights into company performance.
To see Spark’s full report on TSE:ACME stock, click here.
Acme Lithium Inc. has announced the acquisition of a 90% interest in the Cimarron Gold Project located in Nye County, Nevada, from Crestview Exploration Inc. This strategic acquisition involves 31 unpatented lode mining claims and positions Acme to explore a high-grade gold resource with significant potential for expansion. The project is situated at the intersection of two prominent gold trends, offering promising exploration opportunities with historic drill results indicating substantial gold intercepts. This move enhances Acme’s portfolio and strengthens its position in the mining industry, potentially benefiting stakeholders through increased resource development and exploration activities.
Spark’s Take on TSE:ACME Stock
According to Spark, TipRanks’ AI Analyst, TSE:ACME is a Underperform.
Acme Lithium faces substantial financial challenges with no revenue generation and significant cash outflows, which negatively impact its overall score. The technical analysis suggests a bearish trend, and the valuation metrics reflect the company’s profitability issues. The absence of recent earnings call data or notable corporate events means these factors do not contribute to the score, emphasizing the importance of the financial and technical aspects in the evaluation.
To see Spark’s full report on TSE:ACME stock, click here.