Idaho Champion Gold Mines Canada Inc (LTHM) AI Stock Analysis

• Market Cap: C$1.39M
• Dividend Yield: N/A
• Average Volume (3M): 120.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: N/A
• EPS Growth: 14.62%
• Country: CA
• Employees: 6
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Other Precious Metals
• EPS (TTM): -0.03
• Shares Outstanding: 278,938,720
• 10 Day Avg. Volume: 48,961
• 30 Day Avg. Volume: 120,915
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -0.50
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Idaho Champion Gold Mines Canada Inc. faces significant challenges with no revenue and continuous losses. The bearish technical indicators and negative valuation metrics further weigh down the score. The company's lack of earnings call data and corporate events does not provide any additional positive outlook.

Idaho Champion Gold Mines Canada Inc Business Overview & Revenue Model

Company Description

Champion Electric Metals Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada and the United States. It explores for lithium and cobalt deposits. The company holds a 100% interest in the Champion Electric lithium project comprising 1036 claims covering an area of approximately 529.17 square kilometers located in Quebec, Canada. It also holds interest in the Idaho cobalt project comprising 622 staked mining claims covering an area of approximately 6,871 hectares located in northern Idaho. The company was formerly known as Idaho Champion Gold Mines Canada Inc. and changed its name to Champion Electric Metals Inc. in May 2023. Champion Electric Metals Inc. is based in Toronto, Canada.

How the Company Makes Money

Idaho Champion Gold Mines Canada Inc generates revenue primarily through the exploration and development of mineral properties. The company focuses on discovering valuable mineral deposits, conducting feasibility studies, and progressing projects towards production. Key revenue streams can include the sale of mineral rights, partnerships or joint ventures with larger mining companies, and, eventually, the extraction and sale of gold and silver once projects reach production stage. Additionally, the company may engage in strategic financing activities, such as equity offerings, to fund its exploration and development efforts. The company's earnings are significantly influenced by factors like mineral prices, exploration success, and the ability to secure necessary permits and financing.

Idaho Champion Gold Mines Canada Inc Financial Statement Overview

Summary

The company is struggling with profitability and cash flow generation, with no revenue and continuous net losses. The elimination of debt is positive, but the company needs to establish revenue streams and improve cash flow management to achieve financial stability.

Income Statement

The income statement reflects ongoing losses with no reported revenue over the years. The company faces significant net losses, with a net income of -7.41 million CAD for 2023. The absence of revenue and consistent negative profit margins indicate a lack of profitability and growth.

Balance Sheet

The balance sheet shows zero total debt in the latest report, which is a positive sign. However, the equity remains low relative to assets, and there is a small stockholders' equity increase in 2023. Despite a positive equity ratio, the company faces challenges due to its small asset base and consistent negative net income.

Cash Flow

The cash flow statement reveals negative operating cash flow and free cash flow, indicating that the company is consuming cash rather than generating it. Although there is a notable increase in financing cash flow in 2023, it primarily covers operational losses rather than supporting growth.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-1.86M	-2.36M	-659.44K	-5.72K	-11.43K	-11.43K
	EBIT
-6.93M	-7.09M	-2.70M	-4.70M	-6.19M	-11.43K
	EBITDA
0.00	-7.72M	0.00	-4.69M	-6.18M	-792.31K
	Net Income Common Stockholders
-6.60M	-7.41M	-2.68M	-4.73M	-5.89M	-1.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.08M	2.62M	1.08M	14.62K	3.03M	-29.66K
	Total Assets
1.27M	3.09M	1.27M	121.13K	3.18M	201.22K
	Total Debt
50.00K	0.00	50.00K	40.00K	58.66K	29.66K
	Net Debt
-1.03M	-2.62M	-1.03M	25.38K	-2.97M	59.31K
	Total Liabilities
421.10K	493.70K	421.10K	662.89K	970.42K	807.52K
	Stockholders Equity
846.70K	2.60M	846.70K	-541.76K	2.21M	-719.89K
Cash Flow		Free Cash Flow
-4.12M	-5.39M	-2.26M	-4.62M	-5.05M	-447.43K
	Operating Cash Flow
-4.12M	-5.39M	-2.26M	-4.62M	-5.05M	-447.43K
	Investing Cash Flow
0.00	0.00	0.00	0.00	0.00	0.00
	Financing Cash Flow
89.72K	6.93M	3.33M	1.60M	8.06M	439.99K

Idaho Champion Gold Mines Canada Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LTHM, the sentiment is Negative. The current price of 0.01 is above the 20-day moving average (MA) of <0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.89 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LTHM.

Idaho Champion Gold Mines Canada Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.85B	18.95	26.82%	―	77.93%	236.93%
FNC	62 Neutral	C$15.66M	3.02	10.15%	―	―	―
Sector *	47 Neutral	$2.44B	-2.84	-22.09%	3.51%	4.02%	-28.91%
MAE	38 Underperform	C$76.09M	―	-17.00%	―	―	-118.75%
GGM	31 Underperform	C$4.13M	―	15.80%	―	―	11.35%
LTHM	27 Underperform	C$1.39M	―	-788.70%	―	―	14.62%
VGD	26 Underperform	C$2.52M	―	-1265.07%	―	―	9.68%

Idaho Champion Gold Mines Canada Inc Corporate Events

Champion Electric Expands Lithium Corridor in Quebec

Champion Electric Metals Inc. has extended its lithium mineralized corridor to over 10 kilometers at its Quebec Lithium Project in the James Bay Territory, indicating a promising potential for significant lithium resources. The company’s 2024 exploration program revealed spodumene grain counts that support the presence of a larger spodumene system, enhancing the project’s prospects and future exploration activities.