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Lake Resources N.L.
(Sydney:LKE)
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Rating:42Neutral
Price Target:
AU$0.04
▼(-22.00% Downside)
Action:Upgraded
Date:06/23/26
The score is primarily held down by weak financial performance (declining revenue, persistent losses, and negative operating/free cash flow). Technicals add further pressure with a clear downtrend, partially offset by oversold readings. Valuation provides limited support due to the negative P/E and lack of dividend data.
Positive Factors
Low leverage
A low debt-to-equity ratio provides durable financial flexibility for a development-stage miner. It reduces interest burden and preserves the ability to raise project financing or restructure capital without immediate solvency pressure, supporting multi-month development timelines.
Negative Factors
Negative operating and free cash flow
Sustained negative operating and free cash flows create persistent cash burn, increasing reliance on external financing to advance projects. Over a 2–6 month horizon this heightens liquidity risk, may delay pilot or permitting milestones, and can force dilutive capital raises.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
A low debt-to-equity ratio provides durable financial flexibility for a development-stage miner. It reduces interest burden and preserves the ability to raise project financing or restructure capital without immediate solvency pressure, supporting multi-month development timelines.
Read all positive factors
Lake Resources N.L. (LKE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$106.88M
Dividend YieldN/A
Average Volume (3M)11.52M
Price to Earnings (P/E)―
Beta (1Y)1.80
Revenue GrowthN/A
EPS Growth17.32%
CountryAU
Employees30,000
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,415,170,200
10 Day Avg. Volume9,239,220
30 Day Avg. Volume11,519,997
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.31
Price to Sales (P/S)7.92
P/FCF Ratio-1.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Lake Resources N.L. Business Overview & Revenue Model
Company Description
Lake Resources NL is an Australian company, founded in 1997 and headquartered in Sydney, that specializes in identifying and progressing lithium brine deposits throughout Argentina. Its leading asset is the entirely-owned Kachi lithium brine proje...
How the Company Makes Money
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Lake Resources N.L. Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
45
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.80M | 5.68M | 21.84M | 43.70M | 9.36M | 0.00 |
| Gross Profit | 788.46K | 5.68M | 21.84M | 43.49M | 9.36M | -337.00 |
| EBITDA | -23.07M | -22.02M | -29.16M | -46.40M | -4.94M | -2.89M |
| Net Income | -28.05M | -19.55M | -52.46M | -45.75M | -5.68M | -2.89M |
Balance Sheet | ||||||
| Total Assets | 164.46M | 162.98M | 177.63M | 193.42M | 223.89M | 47.92M |
| Cash, Cash Equivalents and Short-Term Investments | 15.33M | 12.37M | 22.90M | 89.22M | 175.44M | 25.66M |
| Total Debt | 927.63K | 1.52M | 2.38M | 1.67M | 277.86K | 0.00 |
| Total Liabilities | 15.64M | 18.54M | 23.06M | 17.09M | 5.05M | 1.05M |
| Stockholders Equity | 148.87M | 144.03M | 153.15M | 171.25M | 218.83M | 46.87M |
Cash Flow | ||||||
| Free Cash Flow | -21.52M | -30.89M | -79.72M | -95.49M | -32.89M | -7.23M |
| Operating Cash Flow | -18.97M | -25.77M | -39.80M | -27.73M | -8.68M | -2.43M |
| Investing Cash Flow | -10.85M | 10.79M | -18.00M | -24.06M | -25.37M | -4.80M |
| Financing Cash Flow | 15.78M | 3.84M | 14.03M | 1.77M | 183.83M | 32.83M |
Lake Resources N.L. Technical Analysis
Negative
0.05
Price Trends
0.04
Positive
0.06
Negative
0.08
Negative
Market Momentum
>-0.01
Positive
46.24
Neutral
4.17
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:LKE, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.04, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.24 is Neutral, neither overbought nor oversold. The STOCH value of 4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:LKE.
Lake Resources N.L. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
49 Neutral | AU$184.53M | -3,325.00 | -0.02% | ― | ― | 99.44% | |
43 Neutral | AU$35.84M | -8.84 | -5.36% | ― | ― | 13.53% | |
43 Neutral | AU$92.98M | -61.72 | -11.52% | ― | ― | 35.64% | |
42 Neutral | AU$106.88M | -3.06 | -19.15% | ― | ― | 17.32% | |
41 Neutral | AU$29.78M | -1.33 | -107.26% | 26.19% | ― | 71.99% | |
39 Underperform | AU$57.35M | -15.49 | -12.22% | ― | ― | -67.65% |
* Basic Materials Sector Average
AU:LKE
Lake Resources N.L.
0.05
0.01
45.16%
AU:NMT
Neometals Ltd
0.03
-0.02
-32.00%
AU:GL1
Global Lithium Resources Ltd.
0.67
0.36
114.52%
AU:LEL
Lithium Energy Ltd.
0.32
-0.05
-13.51%
AU:OCN
Oceana Lithium Ltd.
0.40
0.29
259.09%
AU:PL3
Patagonia Lithium Limited
0.18
0.13
306.98%
Lake Resources N.L. Corporate Events
Lake Resources Nears Final Environmental Approval for Kachi Lithium Project in Catamarca
Aug 2, 2026
The Catamarca Ministry of Mining has officially launched the public consultation phase for Lake Resources’ flagship Kachi Lithium Brine Project, marking the final administrative step in the environmental approvals process before an Environme...
Lake Resources posts higher cash burn as exploration and corporate costs weigh on June quarter
Jul 28, 2026
Lake Resources reported a net cash outflow of A$3.2 million from operating activities in the June 2026 quarter, driven mainly by administration and corporate costs, bringing the year-to-date operating outflow to A$17.5 million. The company also re...
Lake Resources Raises A$3.8 Million to Advance Kachi Lithium Project
Jul 27, 2026
Lake Resources N.L. has raised A$3.8 million through its At‑the‑Market Subscription Agreement with Acuity Capital, agreeing to issue 63.5 million new shares at A$0.06 per share, a premium to the recent 15‑day volume‑weighte...
Lake Resources Plans Equity Placement of 63.5 Million Shares
Jul 26, 2026
Lake Resources N.L. has notified the ASX of a proposed equity placement involving up to 63.5 million ordinary fully paid shares, to be issued on 30 September 2026. The new securities will be quoted under the existing LKE ticker, with the issue con...
Lake Resources Elevates Hydrogeologist Michael Gabora to Competent Person for Kachi Lithium Project
Jul 8, 2026
Lake Resources N.L. has appointed veteran hydrogeologist Michael Gabora as its new Competent Person, replacing Andrew Fulton with immediate effect. Gabora is a registered geoscientist in Canada and the U.S., a member of the Australian Institute of...
Lake Resources Seeks ASX Quotation for Additional Ordinary Shares
Jul 6, 2026
Lake Resources N.L. has applied for quotation of 9,035 new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of June 30, 2026. The modest share issuance reflects routine capital adjustments and will slightly incr...
Lake Resources Seeks ASX Quotation for New Share Issue
Jun 9, 2026
Lake Resources N.L. has applied to the ASX for quotation of 294,240 new ordinary fully paid shares, with an issue date of 9 June 2026. The relatively small issuance, arising from the exercise or conversion of existing options or other convertible ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.