Top Page
Evergreen Lithium Ltd.
(Sydney:EG1)
Evergreen Lithium Ltd. (EG1) vs. iShares MSCI Australia ETF (EWA)
Evergreen Lithium Ltd. Business Overview & Revenue Model
Evergreen Lithium Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 28.35K | 0.00 | 0.00 | 0.00 | Gross Profit |
| -25.48K | -24.14K | 13.14K | 0.00 | 0.00 | 0.00 | EBIT |
| ― | -3.30M | -5.16M | -1.18M | -67.11K | -430.51K | EBITDA |
| ― | -3.30M | -5.12M | 0.00 | -67.11K | -430.51K | Net Income Common Stockholders |
| ― | -5.42M | -5.14M | -1.18M | -67.11K | -430.51K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 3.29M | 5.58M | 8.69M | 6.25M | 308.00 | 459.00 | Total Assets |
| 15.98M | 16.89M | 21.01M | 16.32M | 17.63K | 16.65K | Total Debt |
| 0.00 | 0.00 | 0.00 | 50.00K | 2.09K | 0.00 | Net Debt |
| -3.29M | -5.58M | -8.69M | -6.20M | 1.78K | -459.00 | Total Liabilities |
| 198.91K | 311.68K | 779.64K | 1.25M | 391.12K | 356.98K | Stockholders Equity |
| 15.78M | 16.58M | 20.23M | 15.07M | -373.49K | -340.33K |
| Cash Flow | Free Cash Flow | ||||
| ― | -3.11M | -4.20M | ― | 0.00 | 0.00 | Operating Cash Flow |
| ― | -1.78M | -2.22M | ― | 0.00 | 0.00 | Investing Cash Flow |
| ― | -1.33M | -1.98M | 1.11K | 0.00 | 0.00 | Financing Cash Flow |
| 0.00 | 0.00 | 6.64M | 6.25M | 36.05K | 86.63K |
Evergreen Lithium Ltd. Technical Analysis
Evergreen Lithium Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.03B | -1.27 | -21.09% | 3.98% | 2.91% | -30.50% | |
45 Neutral | AU$6.35M | ― | -11.42% | ― | ― | 55.10% | |
43 Neutral | AU$17.69M | 25.00 | -4.50% | ― | ― | 95.18% | |
43 Neutral | AU$10.45M | ― | -4.29% | ― | ― | 63.64% | |
40 Underperform | AU$12.10M | ― | -6.61% | ― | ― | 78.79% | |
36 Underperform | ― | -27.33% | ― | ― | 2.92% | ||
27 Underperform | AU$3.38M | ― | -111.91% | ― | ― | -392.61% |
Evergreen Lithium Ltd. Corporate Events
Infinity Mining Limited has entered into a binding Share Sale Agreement with U Resource Pty Ltd and Evergreen Lithium Limited to transfer its interest in the Leonora Goldfields Project. This strategic move allows Infinity to focus on its core projects while maintaining a stake in the future development of Leonora through a shareholding in Evergreen Lithium. The transaction provides Infinity with additional funding to advance its core projects, aligning with its strategy to maximize shareholder returns by unlocking value from non-core assets. The leadership team at Evergreen Lithium, including experienced figures from De Grey Mining and Auric Mining, is expected to drive the project’s progress, benefiting Infinity and its shareholders through potential long-term growth.
Evergreen Lithium Limited has announced a proposed issue of 25,000,000 ordinary fully paid securities, scheduled for issuance on May 30, 2025. This move is part of the company’s strategy to enhance its capital base, potentially strengthening its market position in the lithium industry and supporting its ongoing projects and operations.
Evergreen Lithium Ltd. has acquired the Leonora Goldfields Project in Western Australia’s central gold district, marking a strategic pivot towards gold production. This acquisition includes a tenement package with a JORC-compliant inferred resource of 63,000 ounces of gold and an exploration target of up to 592,000 ounces. The project is strategically located near significant gold deposits and mining infrastructure, offering Evergreen substantial development and growth opportunities. The company plans to expedite exploration and development to achieve gold production swiftly, enhancing its position in the gold sector.
Evergreen Lithium Limited has announced the issuance of 1,000,000 unquoted options, set to expire on May 2, 2027, as part of an employee incentive scheme. This move is likely aimed at aligning employee interests with company growth, potentially enhancing motivation and retention, and could impact the company’s operational dynamics by fostering a more engaged workforce.
Evergreen Lithium Ltd. has announced the results of its 2024 drilling program at the Bynoe Project, located near Darwin, Australia. The results confirmed the presence of anomalous gold within the lease, though no significant lithium-caesium-tantalum mineralisation was found. The company plans to continue exploration in 2025, targeting both gold and pegmatite prospects through expanded geochemical sampling and additional drilling. This strategic focus on gold exploration, alongside ongoing project generation activities, positions Evergreen to potentially enhance its portfolio and market presence in the Australian mining sector.
Evergreen Lithium Ltd. announced a change in the director’s interest, specifically regarding Peter Marks, whose indirect interest in securities has been updated. The change involves the release of escrowed shares and options, as well as the conversion of zero exercise price options, resulting in a new holding structure for Mr. Marks. This adjustment in securities could impact the company’s stock liquidity and market perception, potentially affecting stakeholders’ interests.
Evergreen Lithium Ltd. has announced a change in the director’s interest in securities, specifically involving Simon Lill. The changes include the release of escrowed shares and options, as well as the acquisition of fully paid ordinary shares and options. This adjustment in the director’s holdings could potentially impact the company’s governance and stakeholder confidence, reflecting a strategic realignment of interests within the company’s leadership.
Evergreen Lithium Ltd. announced the cessation of 2,000,000 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could influence investor perceptions, potentially affecting its market positioning and stakeholder interests.
Evergreen Lithium Limited has announced the quotation of 124,848,300 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 11, 2025. This move is likely to enhance the company’s market presence and provide increased liquidity for its stakeholders, potentially strengthening its position in the competitive lithium market.
EverGreen Lithium has issued 13.5 million fully paid ordinary shares through the exercise of zero exercise price options. This move, in compliance with the Corporations Act, signifies the company’s strategic efforts to bolster its financial position and support its exploration initiatives in the lithium sector. The issuance of shares without disclosure underlines the company’s adherence to regulatory requirements and its commitment to transparency, potentially enhancing its market positioning and stakeholder confidence.
Evergreen Lithium Limited has announced the issuance of 13,500,000 new ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code EG1. This move is part of the company’s strategy to enhance its capital structure and support its ongoing projects, potentially strengthening its market position in the lithium industry and benefiting its stakeholders.
Evergreen Lithium Limited reported a financial loss of $1,173,791 for the half-year ending December 31, 2024, with significant cash payments directed towards exploration and evaluation activities. The company made notable progress in its exploration efforts at the Bynoe project, identifying lithium anomalous zones and conducting extensive drilling programs to test for pegmatites and gold mineralization, which could impact future operations and stakeholder interests.
EverGreen Lithium Limited has announced the upcoming release of restricted securities from escrow on April 11, 2025, including 124,848,300 ordinary shares and a total of 60,999,999 unlisted options. Additionally, 15,500,000 unlisted options are set to expire on the same date. This release is part of the company’s strategic financial management and may impact its market operations by potentially increasing liquidity and providing opportunities for stakeholders to exercise their options.
Evergreen Lithium Ltd. announced the appointment of Steven John Morris as a new director, effective from February 24, 2025. The notice indicates that Morris currently does not hold any securities or interests in contracts related to the company, signaling a neutral start in his director role. This appointment may influence the company’s strategic direction and governance, impacting stakeholders and market perception.