American Lithium Corp. (V:LI)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | Suite 710 - 1030 West Georgia St VANCOUVER BC V6E 2Y3 |
| Tel: | N/A |
| Website: | https://americanlithiumcorp.com |
| IR: | See website |
| Key People | ||
| Andrew William Bowering Chairman of the Board | Laurence Stefan President, Chief Operating Officer, Director | Simon Patrick Clarke Chief Executive Officer, Director |
| Philip Gibbs Chief Financial Officer | Terrence O'Connor Executive Vice President - Exploration and Development, Director | |
| Business Overview |
| American Lithium Corp is a Canada-based company that is engaged in the development of large-scale lithium projects within mining- friendly jurisdictions throughout the Americas. The Company is focused on the development of its strategically located Tonopah Claystone Claims (TLC) Lithium Claystone Project in the mineralized Esmeralda lithium district in Nevada. It also focuses on advancing its Falchani Hard-rock Lithium Project and Macusani Uranium Project in southeastern Peru. The Company's projects include Tonopah Claystone Claims (TLC) Lithium Project, Falchani Lithium Project, and Macusani Uranium Project. The TLC Lithium Project is located near the regional hub and county seat in the town of Tonopah, Nevada. The TLC Lithium Project claims are located approximately six miles northwest of Tonopah. The Macusani Uranium Project is located in the Province of Carabaya, Department of Puno in southeastern Peru. |
| Financial Overview |
| For the fiscal year ended 29 February 2024, American Lithium Corp revenues was not reported. Net loss increased 12% to C$39.9M. Higher net loss reflects Share-based compensation increase of 27% to C$16M (expense), Marketing increase from C$803K to C$2.1M (expense), Insurance increase from C$369K to C$1.5M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.17 to -C$0.19. |
| Employees: | 55 as of Feb 29, 2024 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $187.74M as of Feb 29, 2024 |
| Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
| EBITDA (TTM): | -$39.53M as of Feb 29, 2024 |
| Net annual income (TTM): | -$39.90M as of Feb 29, 2024 |
| Free cash flow (TTM): | -$23.95M as of Feb 29, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 217,559,501 as of May 28, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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